Zacks Research Forecasts Higher Earnings for Quanta Services

Quanta Services, Inc. (NYSE:PWR) – Analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of Quanta Services in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Mukherjee now anticipates that the construction company will post earnings of $1.50 per share for the quarter, up from their prior forecast of $1.45. The consensus estimate for Quanta Services’ current full-year earnings is $9.34 per share. Zacks Research also issued estimates for Quanta Services’ Q4 2025 earnings at $2.77 EPS, FY2025 earnings at $9.37 EPS, Q2 2026 earnings at $2.55 EPS, Q3 2026 earnings at $3.39 EPS, Q4 2026 earnings at $2.84 EPS, FY2026 earnings at $10.55 EPS and FY2027 earnings at $12.59 EPS.

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

A number of other brokerages have also issued reports on PWR. BMO Capital Markets upgraded Quanta Services from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $338.00 to $316.00 in a research report on Tuesday, February 25th. Citigroup reduced their price target on Quanta Services from $394.00 to $371.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Bank of America started coverage on Quanta Services in a research report on Friday, January 24th. They set a “buy” rating and a $407.00 price target for the company. Roth Capital upgraded Quanta Services to a “strong-buy” rating in a research report on Thursday, February 20th. Finally, Daiwa Capital Markets lowered Quanta Services from an “outperform” rating to a “neutral” rating in a research report on Monday, February 24th. Six analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $326.95.

Quanta Services Trading Down 1.5 %

Shares of PWR stock opened at $263.35 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. Quanta Services has a 1 year low of $227.11 and a 1 year high of $365.88. The stock has a fifty day moving average of $291.85 and a two-hundred day moving average of $304.45. The firm has a market capitalization of $39.03 billion, a PE ratio of 43.67, a price-to-earnings-growth ratio of 1.41 and a beta of 1.10.

Institutional Investors Weigh In On Quanta Services

A number of institutional investors and hedge funds have recently modified their holdings of PWR. Swedbank AB raised its position in shares of Quanta Services by 4.6% during the third quarter. Swedbank AB now owns 960,081 shares of the construction company’s stock worth $286,248,000 after purchasing an additional 42,579 shares during the period. Oppenheimer Asset Management Inc. raised its position in Quanta Services by 8.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 1,361 shares of the construction company’s stock valued at $406,000 after buying an additional 106 shares during the period. Huntington National Bank raised its position in Quanta Services by 2.9% during the third quarter. Huntington National Bank now owns 1,240 shares of the construction company’s stock valued at $370,000 after buying an additional 35 shares during the period. KBC Group NV raised its position in Quanta Services by 13.4% during the third quarter. KBC Group NV now owns 13,094 shares of the construction company’s stock valued at $3,904,000 after buying an additional 1,547 shares during the period. Finally, Metis Global Partners LLC raised its position in Quanta Services by 3.0% during the third quarter. Metis Global Partners LLC now owns 5,871 shares of the construction company’s stock valued at $1,750,000 after buying an additional 173 shares during the period. 90.49% of the stock is owned by institutional investors and hedge funds.

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.