Roth Capital Forecasts Weaker Earnings for Quanta Services

Key Points

• Roth Capital has revised its Q2 2025 EPS estimates for Quanta Services from $2.21 to $2.19, maintaining a "Buy" rating with a price target of $450.00.
• Quanta Services reported Q1 earnings of $1.78 per share, exceeding expectations, with revenues of $6.23 billion, which is a 23.9% increase from the previous year.
• The stock currently has a consensus rating of "Moderate Buy" with an average target price of $375.23, amidst fluctuating ratings from various analysts.

Quanta Services, Inc. (NYSE:PWR - Free Report) - Stock analysts at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for shares of Quanta Services in a note issued to investors on Monday, July 28th. Roth Capital analyst P. Shen now anticipates that the construction company will post earnings per share of $2.19 for the quarter, down from their prior estimate of $2.21. Roth Capital has a "Buy" rating and a $450.00 price objective on the stock. 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 results on Thursday, July 31st. The construction company reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.44 by $0.04. Quanta Services had a return on equity of 18.41% and a net margin of 3.73%. The firm had revenue of $6.77 billion for the quarter, compared to analysts' expectations of $6.55 billion. During the same period in the prior year, the business earned $1.90 EPS. The company's revenue for the quarter was up 21.1% compared to the same quarter last year.

Other analysts also recently issued research reports about the stock. Northland Securities downgraded shares of Quanta Services from an "outperform" rating to a "market perform" rating and set a $354.00 price target for the company. in a research report on Wednesday, July 2nd. BMO Capital Markets downgraded shares of Quanta Services from an "outperform" rating to a "market perform" rating and boosted their target price for the stock from $352.00 to $400.00 in a research report on Thursday, July 17th. Northland Capmk cut shares of Quanta Services from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 2nd. TD Cowen boosted their price objective on Quanta Services from $335.00 to $355.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Finally, Truist Financial dropped their target price on Quanta Services from $398.00 to $324.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Eleven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $379.32.

Quanta Services Stock Down 2.7%

NYSE:PWR traded down $10.95 on Wednesday, hitting $395.18. The stock had a trading volume of 2,094,000 shares, compared to its average volume of 1,116,995. The company has a quick ratio of 1.26, a current ratio of 1.37 and a debt-to-equity ratio of 0.59. Quanta Services has a 52 week low of $227.08 and a 52 week high of $424.94. The business's fifty day moving average is $375.39 and its 200 day moving average is $319.00. The company has a market cap of $58.59 billion, a PE ratio of 61.17, a P/E/G ratio of 2.79 and a beta of 1.08.

Quanta Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Tuesday, July 1st were paid a $0.10 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $0.40 annualized dividend and a yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is currently 6.19%.

Institutional Trading of Quanta Services

Hedge funds and other institutional investors have recently bought and sold shares of the company. Copia Wealth Management boosted its position in shares of Quanta Services by 509.1% during the 2nd quarter. Copia Wealth Management now owns 67 shares of the construction company's stock valued at $25,000 after acquiring an additional 56 shares during the last quarter. SOA Wealth Advisors LLC. lifted its position in Quanta Services by 159.3% during the second quarter. SOA Wealth Advisors LLC. now owns 70 shares of the construction company's stock valued at $26,000 after purchasing an additional 43 shares during the last quarter. Banque Transatlantique SA purchased a new position in Quanta Services in the 4th quarter worth approximately $25,000. Solstein Capital LLC increased its holdings in shares of Quanta Services by 185.7% in the 2nd quarter. Solstein Capital LLC now owns 80 shares of the construction company's stock worth $30,000 after buying an additional 52 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Quanta Services during the 4th quarter valued at $26,000. Institutional investors 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.