Q3 EPS Estimates for Quanta Services Cut by Roth Capital

Key Points

• Roth Capital has lowered its Q3 2025 earnings estimate for Quanta Services to $3.02 per share, down from an earlier estimate of $3.07, while maintaining a "Buy" rating and a target price of $450.00.
• Quanta Services reported an earnings per share of $1.78 for its last quarter, beating the consensus estimate by $0.06 and achieving a revenue increase of 23.9% year-over-year, totaling $6.23 billion.
• Despite recent rating changes from various analysts, the majority consensus remains a "Moderate Buy" with an average price target of $375.23 for Quanta Services stock.

Quanta Services, Inc. (NYSE:PWR - Free Report) - Research analysts at Roth Capital decreased their Q3 2025 EPS estimates for Quanta Services in a research report issued on Monday, July 28th. Roth Capital analyst P. Shen now expects that the construction company will earn $3.02 per share for the quarter, down from their previous estimate of $3.07. 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. Roth Capital also issued estimates for Quanta Services' Q4 2025 earnings at $2.71 EPS and FY2025 earnings at $9.50 EPS.

A number of other brokerages have also issued reports on PWR. The Goldman Sachs Group reiterated a "buy" rating and set a $414.00 target price (up from $364.00) on shares of Quanta Services in a research report on Wednesday, June 4th. Northland Securities lowered shares of Quanta Services from an "outperform" rating to a "market perform" rating and set a $354.00 target price on the stock. in a research report on Wednesday, July 2nd. BMO Capital Markets lowered shares of Quanta Services from an "outperform" rating to a "market perform" rating and increased their price objective for the company from $352.00 to $400.00 in a report on Thursday, July 17th. Stifel Nicolaus increased their price objective on shares of Quanta Services from $363.00 to $411.00 and gave the company a "buy" rating in a report on Friday, July 11th. Finally, Daiwa America upgraded shares of Quanta Services from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. 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 stock. According to data from MarketBeat, Quanta Services currently has an average rating of "Moderate Buy" and a consensus price target of $379.32.

Quanta Services Price Performance

Shares of PWR stock traded down $10.95 during trading hours on Thursday, reaching $395.18. 2,094,000 shares of the company were exchanged, compared to its average volume of 1,116,995. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $424.94. The stock's fifty day moving average is $375.39 and its two-hundred day moving average is $319.00. The company has a market cap of $58.59 billion, a price-to-earnings ratio of 61.17, a P/E/G ratio of 2.79 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.26.

Quanta Services (NYSE:PWR - Get Free Report) last announced its 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 net margin of 3.73% and a return on equity of 18.41%. The company had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.55 billion. During the same period in the prior year, the business earned $1.90 earnings per share. Quanta Services's quarterly revenue was up 21.1% on a year-over-year basis.

Quanta Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Quanta Services's dividend payout ratio is currently 6.45%.

Institutional Investors Weigh In On Quanta Services

Several large investors have recently made changes to their positions in the stock. Biltmore Family Office LLC bought a new stake in shares of Quanta Services during the second quarter worth $264,000. New York Life Investment Management LLC increased its position in shares of Quanta Services by 1.6% during the second quarter. New York Life Investment Management LLC now owns 22,197 shares of the construction company's stock worth $8,392,000 after acquiring an additional 359 shares in the last quarter. Howard Capital Management Inc. increased its position in shares of Quanta Services by 27.1% during the second quarter. Howard Capital Management Inc. now owns 13,850 shares of the construction company's stock worth $5,236,000 after acquiring an additional 2,951 shares in the last quarter. Purkiss Capital Advisors LLC bought a new stake in shares of Quanta Services during the second quarter worth $214,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in shares of Quanta Services by 60.6% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 5,438 shares of the construction company's stock worth $2,056,000 after acquiring an additional 2,051 shares in the last quarter. 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.