Q1 EPS Estimates for Quanta Services Reduced by Roth Capital

Quanta Services, Inc. (NYSE:PWR - Free Report) - Equities research analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for shares of Quanta Services in a report issued on Tuesday, April 29th. Roth Capital analyst P. Shen now anticipates that the construction company will earn $1.50 per share for the quarter, down from their previous forecast of $1.62. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for Quanta Services' current full-year earnings is $9.34 per share. Roth Capital also issued estimates for Quanta Services' Q2 2025 earnings at $2.27 EPS, Q3 2025 earnings at $2.78 EPS, Q4 2025 earnings at $2.69 EPS, FY2025 earnings at $9.24 EPS, Q1 2026 earnings at $2.00 EPS, Q2 2026 earnings at $2.68 EPS, Q3 2026 earnings at $3.09 EPS, Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $10.69 EPS, Q1 2027 earnings at $2.34 EPS and FY2027 earnings at $12.49 EPS.

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, beating the consensus estimate of $1.72 by $0.06. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.88 billion. Quanta Services had a net margin of 3.82% and a return on equity of 18.00%. The firm's revenue was up 23.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.41 EPS.

Other equities analysts also recently issued reports about the company. Daiwa Capital Markets downgraded Quanta Services from an "outperform" rating to a "neutral" rating in a research report on Monday, February 24th. Roth Mkm assumed coverage on shares of Quanta Services in a research report on Friday, February 21st. They set a "buy" rating and a $350.00 target price on the stock. The Goldman Sachs Group reduced their target price on shares of Quanta Services from $418.00 to $364.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. B. Riley lifted their price target on shares of Quanta Services from $300.00 to $355.00 and gave the stock a "neutral" rating in a report on Friday. Finally, Piper Sandler initiated coverage on Quanta Services in a report on Tuesday, April 8th. They issued an "overweight" rating and a $286.00 price objective for the company. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $330.80.

Quanta Services Price Performance

Shares of NYSE:PWR traded down $0.89 during trading on Thursday, hitting $321.04. 2,062,545 shares of the company were exchanged, compared to its average volume of 1,651,828. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56. Quanta Services has a 1-year low of $227.08 and a 1-year high of $365.88. The company has a market capitalization of $47.60 billion, a P/E ratio of 53.24, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. The business's 50 day moving average is $264.93 and its 200-day moving average is $300.27.

Institutional Trading of Quanta Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PWR. Geneos Wealth Management Inc. increased its holdings in shares of Quanta Services by 0.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 4,167 shares of the construction company's stock valued at $1,317,000 after acquiring an additional 29 shares in the last quarter. Commonwealth Financial Services LLC raised its holdings in Quanta Services by 2.6% during the fourth quarter. Commonwealth Financial Services LLC now owns 1,152 shares of the construction company's stock worth $364,000 after buying an additional 29 shares during the last quarter. HB Wealth Management LLC grew its holdings in shares of Quanta Services by 0.9% during the fourth quarter. HB Wealth Management LLC now owns 3,323 shares of the construction company's stock valued at $1,050,000 after buying an additional 31 shares during the last quarter. Moody Lynn & Lieberson LLC lifted its position in Quanta Services by 0.5% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 6,141 shares of the construction company's stock valued at $1,941,000 after acquiring an additional 32 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in Quanta Services by 7.8% during the 4th quarter. Larson Financial Group LLC now owns 456 shares of the construction company's stock valued at $144,000 after purchasing an additional 33 shares during the last quarter. 90.49% of the stock is owned by institutional investors.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.12%. The ex-dividend date of this dividend was Thursday, April 3rd. Quanta Services's dividend payout ratio (DPR) is currently 6.63%.

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.