Roth Capital Reduces Earnings Estimates for Quanta Services

Quanta Services, Inc. (NYSE:PWR) – Analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for Quanta Services in a report released on Tuesday, April 29th. Roth Capital analyst P. Shen now expects that the construction company will post earnings per share of $1.50 for the quarter, down from their previous estimate of $1.62. Roth Capital 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.

A number of other analysts have also recently commented on PWR. The Goldman Sachs Group reduced their price target on Quanta Services from $418.00 to $364.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. BMO Capital Markets upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and decreased their target price for the stock from $338.00 to $316.00 in a research note on Tuesday, February 25th. DA Davidson upped their price target on shares of Quanta Services from $295.00 to $305.00 and gave the stock a “neutral” rating in a research report on Friday. Bank of America initiated coverage on shares of Quanta Services in a research report on Friday, January 24th. They set a “buy” rating and a $407.00 price objective on the stock. Finally, Evercore ISI increased their price target on Quanta Services from $331.00 to $360.00 and gave the stock an “outperform” rating in a research note on Friday. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $330.80.

Quanta Services Trading Down 0.3 %

NYSE:PWR opened at $321.04 on Thursday. The firm has a market capitalization of $47.60 billion, a price-to-earnings ratio of 53.24, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.19. The business has a fifty day moving average price of $264.93 and a 200-day moving average price of $300.35. Quanta Services has a one year low of $227.08 and a one year high of $365.88.

Quanta Services (NYSE:PWR) last announced its 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. Quanta Services had a net margin of 3.82% and a return on equity of 18.00%. The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same period in the previous year, the business posted $1.41 earnings per share. The firm’s quarterly revenue was up 23.9% compared to the same quarter last year.

Institutional Trading of Quanta Services

Hedge funds have recently made changes to their positions in the business. Banque Transatlantique SA bought a new stake in shares of Quanta Services in the 4th quarter valued at approximately $25,000. Quarry LP purchased a new stake in Quanta Services during the 4th quarter valued at $26,000. Webster Bank N. A. lifted its position in Quanta Services by 4,050.0% in the fourth quarter. Webster Bank N. A. now owns 83 shares of the construction company’s stock worth $26,000 after buying an additional 81 shares during the last quarter. Sierra Ocean LLC purchased a new position in Quanta Services during the fourth quarter worth $27,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of Quanta Services in the first quarter valued at $25,000. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Dividend Announcement

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

About Quanta Services

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.