Q2 EPS Estimates for Quanta Services Reduced by Roth Capital

Quanta Services, Inc. (NYSE:PWR) – Research analysts at Roth Capital decreased their Q2 2025 earnings estimates for Quanta Services in a research note issued on Monday, July 28th. Roth Capital analyst P. Shen now forecasts that the construction company will earn $2.19 per share for the quarter, down from their previous forecast of $2.21. Roth Capital currently has a “Buy” rating and a $450.00 target price on the stock. The consensus estimate for Quanta Services’ current full-year earnings is $9.34 per share.

Quanta Services (NYSE:PWR) last released its quarterly earnings results on Thursday, May 1st. The construction company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.06. The company had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.88 billion. Quanta Services had a return on equity of 18.06% and a net margin of 3.74%. The business’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.41 earnings per share.

Several other brokerages also recently weighed in on PWR. Truist Financial cut their price target on Quanta Services from $398.00 to $324.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $414.00 target price (up from $364.00) on shares of Quanta Services in a research report on Wednesday, June 4th. TD Cowen upped their price objective on shares of Quanta Services from $335.00 to $355.00 and gave the company a “buy” rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. increased their price objective on shares of Quanta Services from $345.00 to $392.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Finally, Sanford C. Bernstein downgraded shares of Quanta Services from an “outperform” rating to a “market perform” rating and set a $410.00 target price for the company. in a report on Monday. Eleven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Quanta Services presently has a consensus rating of “Moderate Buy” and an average price target of $375.23.

Quanta Services Stock Performance

Shares of NYSE PWR opened at $411.81 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 1.26. The company has a market cap of $61.05 billion, a PE ratio of 66.42, a price-to-earnings-growth ratio of 2.82 and a beta of 1.08. The company has a 50-day simple moving average of $371.30 and a 200-day simple moving average of $317.20. Quanta Services has a 12 month low of $227.08 and a 12 month high of $424.94.

Quanta Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Tuesday, July 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.10%. The ex-dividend date was Tuesday, July 1st. Quanta Services’s dividend payout ratio (DPR) is 6.45%.

Hedge Funds Weigh In On Quanta Services

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new position in Quanta Services in the 2nd quarter valued at about $650,960,000. Nuveen LLC bought a new position in shares of Quanta Services in the first quarter valued at approximately $404,288,000. Capital World Investors increased its stake in shares of Quanta Services by 14.1% during the fourth quarter. Capital World Investors now owns 7,223,471 shares of the construction company’s stock valued at $2,282,978,000 after acquiring an additional 891,977 shares during the period. GAMMA Investing LLC lifted its position in Quanta Services by 22,475.0% in the first quarter. GAMMA Investing LLC now owns 815,409 shares of the construction company’s stock worth $207,261,000 after purchasing an additional 811,797 shares during the period. Finally, Amundi boosted its stake in Quanta Services by 188.3% during the 1st quarter. Amundi now owns 1,206,577 shares of the construction company’s stock valued at $304,139,000 after purchasing an additional 788,079 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

About Quanta Services

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.