Quanta Services (NYSE:PWR - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect Quanta Services to post earnings of $2.44 per share and revenue of $6.55 billion for the quarter. Quanta Services has set its FY 2025 guidance at 10.050-10.650 EPS.
Quanta Services (NYSE:PWR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The construction company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.72 by $0.06. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.88 billion. Quanta Services had a net margin of 3.74% and a return on equity of 18.06%. The firm's revenue was up 23.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.41 EPS. On average, analysts expect Quanta Services to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Quanta Services Trading Up 3.6%
NYSE:PWR traded up $14.84 during mid-day trading on Friday, hitting $422.06. 1,370,755 shares of the stock traded hands, compared to its average volume of 1,100,229. The stock has a market capitalization of $62.58 billion, a price-to-earnings ratio of 68.07, a PEG ratio of 2.90 and a beta of 1.08. Quanta Services has a 52 week low of $227.08 and a 52 week high of $424.94. The firm's 50 day moving average is $368.62 and its two-hundred day moving average is $315.83. The company has a quick ratio of 1.26, a current ratio of 1.31 and a debt-to-equity ratio of 0.58.
Quanta Services Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Tuesday, July 1st were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, July 1st. This represents a $0.40 annualized dividend and a yield of 0.09%. Quanta Services's payout ratio is 6.45%.
Analyst Ratings Changes
A number of brokerages have commented on PWR. TD Cowen upped their target price on shares of Quanta Services from $335.00 to $355.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. The Goldman Sachs Group restated a "buy" rating and issued a $414.00 target price (up from $364.00) on shares of Quanta Services in a research note on Wednesday, June 4th. UBS Group upped their target price on shares of Quanta Services from $413.00 to $474.00 and gave the stock a "buy" rating in a research note on Friday. Wall Street Zen upgraded shares of Quanta Services from a "hold" rating to a "buy" rating in a research note on Friday, June 27th. Finally, Daiwa America upgraded shares of Quanta Services from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. Ten investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Quanta Services currently has an average rating of "Moderate Buy" and a consensus target price of $362.25.
View Our Latest Research Report on Quanta Services
Institutional Investors Weigh In On Quanta Services
A hedge fund recently raised its stake in Quanta Services stock. Woodline Partners LP grew its stake in Quanta Services, Inc. (NYSE:PWR - Free Report) by 40.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,471 shares of the construction company's stock after buying an additional 3,606 shares during the period. Woodline Partners LP's holdings in Quanta Services were worth $3,170,000 at the end of the most recent quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.
About Quanta Services
(
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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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