Seaport Res Ptn Estimates Quanta Services FY2025 Earnings

Quanta Services, Inc. (NYSE:PWR - Free Report) - Seaport Res Ptn issued their FY2025 earnings per share estimates for Quanta Services in a research note issued on Thursday, July 10th. Seaport Res Ptn analyst T. Curran expects that the construction company will post earnings of $9.60 per share for the year. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Quanta Services' current full-year earnings is $9.34 per share. Seaport Res Ptn also issued estimates for Quanta Services' FY2026 earnings at $11.01 EPS and FY2027 earnings at $12.93 EPS.

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

PWR has been the topic of a number of other research reports. Truist Financial lowered their target price on Quanta Services from $398.00 to $324.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Stifel Nicolaus set a $411.00 target price on Quanta Services and gave the company a "buy" rating in a research note on Friday, July 11th. BMO Capital Markets downgraded Quanta Services from an "outperform" rating to a "market perform" rating and boosted their target price for the company from $352.00 to $400.00 in a research note on Thursday. Northland Securities downgraded Quanta Services from an "outperform" rating to a "market perform" rating and set a $354.00 price target for the company. in a research note on Wednesday, July 2nd. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $414.00 price target (up previously from $364.00) on shares of Quanta Services in a research note on Wednesday, June 4th. Ten equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $355.75.

Quanta Services Stock Up 2.4%

NYSE PWR traded up $9.17 on Monday, reaching $398.29. The stock had a trading volume of 1,000,126 shares, compared to its average volume of 1,045,272. The business has a 50 day moving average price of $360.62 and a 200 day moving average price of $312.29. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 0.58. Quanta Services has a 1 year low of $227.08 and a 1 year high of $398.61. The company has a market capitalization of $59.05 billion, a price-to-earnings ratio of 64.24, a P/E/G ratio of 3.03 and a beta of 1.08.

Quanta Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Investors 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 0.10%. Quanta Services's dividend payout ratio is presently 6.45%.

Hedge Funds Weigh In On Quanta Services

Several large investors have recently added to or reduced their stakes in the company. Old Port Advisors raised its holdings in Quanta Services by 0.7% in the 2nd quarter. Old Port Advisors now owns 3,944 shares of the construction company's stock valued at $1,491,000 after acquiring an additional 26 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in Quanta Services by 3.5% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 951 shares of the construction company's stock valued at $242,000 after acquiring an additional 32 shares in the last quarter. Frank Rimerman Advisors LLC raised its holdings in Quanta Services by 1.1% in the 1st quarter. Frank Rimerman Advisors LLC now owns 3,114 shares of the construction company's stock valued at $792,000 after acquiring an additional 34 shares in the last quarter. Legacy Capital Wealth Partners LLC raised its holdings in Quanta Services by 3.4% in the 1st quarter. Legacy Capital Wealth Partners LLC now owns 1,089 shares of the construction company's stock valued at $277,000 after acquiring an additional 36 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its holdings in Quanta Services by 2.6% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 1,436 shares of the construction company's stock valued at $365,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds 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.