Brokers Issue Forecasts for Quanta Services Q1 Earnings

Quanta Services, Inc. (NYSE:PWR) – Research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Quanta Services in a report released on Friday, February 21st. DA Davidson analyst B. Thielman forecasts that the construction company will earn $1.49 per share for the quarter. The consensus estimate for Quanta Services’ current full-year earnings is $9.34 per share.

Quanta Services (NYSE:PWR) last issued its earnings results on Thursday, February 20th. The construction company reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.62 by $0.12. The company had revenue of $6.55 billion during the quarter, compared to analysts’ expectations of $6.61 billion. Quanta Services had a return on equity of 18.00% and a net margin of 3.82%.

Several other equities research analysts have also recently weighed in on PWR. Stifel Nicolaus dropped their price objective on Quanta Services from $388.00 to $323.00 and set a “buy” rating for the company in a report on Monday. Guggenheim started coverage on Quanta Services in a report on Wednesday, January 8th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. increased their price objective on Quanta Services from $297.00 to $323.00 and gave the stock a “neutral” rating in a report on Tuesday, January 28th. Roth Capital upgraded Quanta Services to a “strong-buy” rating in a report on Thursday, February 20th. Finally, Robert W. Baird increased their price objective on Quanta Services from $320.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $328.11.

Quanta Services Trading Down 3.6 %

Shares of PWR stock opened at $259.79 on Monday. Quanta Services has a 1-year low of $227.11 and a 1-year high of $365.88. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.19. The business has a 50-day moving average of $314.37 and a 200 day moving average of $305.96. The stock has a market capitalization of $38.35 billion, a PE ratio of 43.08, a P/E/G ratio of 1.41 and a beta of 1.05.

Institutional Trading of Quanta Services

A number of institutional investors and hedge funds have recently modified their holdings of PWR. Banque Transatlantique SA purchased a new position in shares of Quanta Services in the 4th quarter worth $25,000. Webster Bank N. A. boosted its stake in shares of Quanta Services by 4,050.0% in the 4th quarter. Webster Bank N. A. now owns 83 shares of the construction company’s stock worth $26,000 after buying an additional 81 shares during the last quarter. Quarry LP purchased a new position in shares of Quanta Services in the 4th quarter worth $26,000. Sierra Ocean LLC purchased a new position in shares of Quanta Services in the 4th quarter worth $27,000. Finally, Prestige Wealth Management Group LLC purchased a new position in shares of Quanta Services in the 3rd quarter worth $30,000. Institutional investors own 90.49% of the company’s stock.

Quanta Services Company Profile

Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.