FY2026 EPS Estimates for Quanta Services Boosted by B. Riley

Key Points

• B. Riley has increased its FY2026 earnings per share estimate for Quanta Services from $9.93 to $9.99, surpassing the current consensus estimate of $9.34.
• Quanta Services reported quarterly earnings of $2.48 per share, exceeding analyst expectations and achieving a 21.1% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.10 per share, reflecting a yield of 0.1%, with a dividend payout ratio of 6.19%.

Quanta Services, Inc. (NYSE:PWR - Free Report) - Investment analysts at B. Riley lifted their FY2026 earnings per share estimates for shares of Quanta Services in a research note issued to investors on Wednesday, October 22nd. B. Riley analyst L. Burke now expects that the construction company will earn $9.99 per share for the year, up from their prior estimate of $9.93. The consensus estimate for Quanta Services' current full-year earnings is $9.34 per share.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.44 by $0.04. The business had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.55 billion. Quanta Services had a return on equity of 18.41% and a net margin of 3.73%.Quanta Services's quarterly revenue was up 21.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.90 earnings per share. Quanta Services has set its FY 2025 guidance at 10.280-10.880 EPS.

Other equities analysts have also issued research reports about the stock. Weiss Ratings reiterated a "buy (b-)" rating on shares of Quanta Services in a report on Wednesday, October 8th. Evercore ISI upped their price target on Quanta Services from $360.00 to $410.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. BMO Capital Markets lowered Quanta Services from an "outperform" rating to a "market perform" rating and increased their price target for the stock from $352.00 to $400.00 in a report on Thursday, July 17th. Sanford C. Bernstein downgraded Quanta Services from an "outperform" rating to a "market perform" rating and set a $410.00 price objective for the company. in a report on Monday, July 28th. Finally, Northland Capmk lowered Quanta Services from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 2nd. Fourteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. According to MarketBeat, Quanta Services currently has a consensus rating of "Moderate Buy" and an average price target of $411.59.

Quanta Services Stock Performance

PWR stock opened at $427.32 on Friday. The firm has a market cap of $63.67 billion, a PE ratio of 66.15, a price-to-earnings-growth ratio of 2.44 and a beta of 1.04. The company has a current ratio of 1.37, a quick ratio of 1.32 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $400.13 and a 200-day moving average price of $365.99. Quanta Services has a 1-year low of $227.08 and a 1-year high of $446.60.

Quanta Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 1st. Quanta Services's dividend payout ratio is 6.19%.

Institutional Investors Weigh In On Quanta Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PWR. Cullen Frost Bankers Inc. bought a new stake in shares of Quanta Services in the first quarter valued at approximately $25,000. Copia Wealth Management grew its stake in Quanta Services by 509.1% in the 2nd quarter. Copia Wealth Management now owns 67 shares of the construction company's stock valued at $25,000 after buying an additional 56 shares in the last quarter. SOA Wealth Advisors LLC. raised its holdings in Quanta Services by 159.3% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 70 shares of the construction company's stock valued at $26,000 after acquiring an additional 43 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of Quanta Services during the second quarter worth $26,000. Finally, Solstein Capital LLC boosted its holdings in shares of Quanta Services by 185.7% in the second quarter. Solstein Capital LLC now owns 80 shares of the construction company's stock worth $30,000 after acquiring an additional 52 shares during the period. 90.49% of the stock is currently owned by institutional investors.

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.

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