Northland Capmk Predicts Lower Earnings for Quanta Services

Quanta Services, Inc. (NYSE:PWR - Free Report) - Equities research analysts at Northland Capmk cut their Q2 2025 EPS estimates for shares of Quanta Services in a note issued to investors on Wednesday, July 2nd. Northland Capmk analyst G. Richard now forecasts that the construction company will earn $2.24 per share for the quarter, down from their previous estimate of $2.32. Northland Capmk has a "Hold" rating on the stock. The consensus estimate for Quanta Services' current full-year earnings is $9.34 per share.

A number of other research firms also recently issued reports on PWR. TD Cowen raised their price target on Quanta Services from $335.00 to $355.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Citigroup dropped their target price on Quanta Services from $366.00 to $342.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Daiwa America upgraded shares of Quanta Services from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. BMO Capital Markets set a $352.00 price objective on Quanta Services in a research note on Friday, May 2nd. Finally, Evercore ISI lifted their price target on shares of Quanta Services from $331.00 to $360.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Eight analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Quanta Services presently has an average rating of "Moderate Buy" and an average price target of $350.95.

Quanta Services Stock Up 3.5%

Shares of NYSE:PWR traded up $13.10 during trading on Thursday, reaching $386.51. 869,625 shares of the stock traded hands, compared to its average volume of 1,121,521. The stock has a market cap of $57.31 billion, a P/E ratio of 62.34, a price-to-earnings-growth ratio of 2.90 and a beta of 1.08. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.26 and a current ratio of 1.31. The stock has a 50-day moving average of $345.50 and a two-hundred day moving average of $308.25. Quanta Services has a 52-week low of $227.08 and a 52-week high of $387.37.

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

Quanta Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Tuesday, July 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.10%. The ex-dividend date is Tuesday, July 1st. Quanta Services's payout ratio is 6.45%.

Institutional Trading of Quanta Services

A number of hedge funds have recently bought and sold shares of PWR. Banque Transatlantique SA bought a new position in shares of Quanta Services in the 4th quarter worth $25,000. Cullen Frost Bankers Inc. bought a new position in Quanta Services in the first quarter worth about $25,000. Quarry LP purchased a new stake in shares of Quanta Services during the fourth quarter valued at about $26,000. WPG Advisers LLC bought a new stake in shares of Quanta Services in the 1st quarter valued at about $31,000. Finally, AlphaQuest LLC bought a new position in shares of Quanta Services during the 1st quarter worth approximately $35,000. Hedge funds and other 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.