Zacks Research Forecasts Higher Earnings for Quanta Services

Quanta Services, Inc. (NYSE:PWR) – Equities research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for shares of Quanta Services in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Mukherjee now expects that the construction company will post earnings per share of $1.50 for the quarter, up from their prior estimate of $1.45. The consensus estimate for Quanta Services’ current full-year earnings is $9.34 per share. Zacks Research also issued estimates for Quanta Services’ Q4 2025 earnings at $2.77 EPS, FY2025 earnings at $9.37 EPS, Q2 2026 earnings at $2.55 EPS, Q3 2026 earnings at $3.39 EPS, Q4 2026 earnings at $2.84 EPS, FY2026 earnings at $10.55 EPS and FY2027 earnings at $12.59 EPS.

Several other equities analysts have also weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Quanta Services from $297.00 to $323.00 and gave the company a “neutral” rating in a research note on Tuesday, January 28th. Roth Mkm started coverage on Quanta Services in a report on Friday, February 21st. They set a “buy” rating and a $350.00 target price on the stock. Stifel Nicolaus dropped their target price on Quanta Services from $388.00 to $323.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Bank of America started coverage on Quanta Services in a report on Friday, January 24th. They set a “buy” rating and a $407.00 target price on the stock. Finally, BMO Capital Markets upgraded Quanta Services from a “market perform” rating to an “outperform” rating and dropped their target price for the company from $338.00 to $316.00 in a report on Tuesday, February 25th. Six research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Quanta Services has a consensus rating of “Moderate Buy” and an average price target of $326.95.

Quanta Services Stock Performance

NYSE PWR opened at $263.35 on Monday. The firm has a market capitalization of $39.03 billion, a P/E ratio of 43.67, a P/E/G ratio of 1.41 and a beta of 1.10. Quanta Services has a 1-year low of $227.11 and a 1-year high of $365.88. 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’s 50-day simple moving average is $291.85 and its 200-day simple moving average is $304.45.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.12. The firm had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.61 billion. Quanta Services had a return on equity of 18.00% and a net margin of 3.82%.

Institutional Investors Weigh In On Quanta Services

Institutional investors have recently made changes to their positions in the company. Kestra Private Wealth Services LLC increased its holdings in shares of Quanta Services by 85.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 4,752 shares of the construction company’s stock valued at $1,502,000 after acquiring an additional 2,184 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Quanta Services by 5.6% in the 3rd quarter. Principal Financial Group Inc. now owns 207,720 shares of the construction company’s stock valued at $61,932,000 after acquiring an additional 11,012 shares during the last quarter. Synovus Financial Corp increased its holdings in shares of Quanta Services by 34.0% in the 3rd quarter. Synovus Financial Corp now owns 7,206 shares of the construction company’s stock valued at $2,148,000 after acquiring an additional 1,830 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Quanta Services by 4.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 17,573 shares of the construction company’s stock valued at $5,554,000 after acquiring an additional 793 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC bought a new stake in shares of Quanta Services in the 4th quarter valued at approximately $1,754,000. 90.49% of the stock is currently owned by institutional investors.

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.