A number of research firms have changed their ratings and price targets for Quanta Services (NYSE: PWR):
- 5/7/2025 – Quanta Services had its price target raised by analysts at TD Cowen from $335.00 to $355.00. They now have a “buy” rating on the stock.
- 5/6/2025 – Quanta Services was given a new $360.00 price target on by analysts at Piper Sandler. They now have an “overweight” rating on the stock.
- 5/5/2025 – Quanta Services was given a new $375.00 price target on by analysts at Argus.
- 5/5/2025 – Quanta Services had its price target raised by analysts at Stifel Nicolaus from $306.00 to $363.00. They now have a “buy” rating on the stock.
- 5/2/2025 – Quanta Services was given a new $352.00 price target on by analysts at BMO Capital Markets.
- 5/2/2025 – Quanta Services had its price target raised by analysts at Evercore ISI from $331.00 to $360.00. They now have an “outperform” rating on the stock.
- 5/2/2025 – Quanta Services had its price target raised by analysts at DA Davidson from $295.00 to $305.00. They now have a “neutral” rating on the stock.
- 5/2/2025 – Quanta Services had its price target raised by analysts at B. Riley from $300.00 to $355.00. They now have a “neutral” rating on the stock.
- 4/25/2025 – Quanta Services had its price target lowered by analysts at Citigroup Inc. from $366.00 to $342.00. They now have a “buy” rating on the stock.
- 4/24/2025 – Quanta Services had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $418.00 to $364.00. They now have a “buy” rating on the stock.
- 4/11/2025 – Quanta Services was upgraded by analysts at Daiwa America from a “hold” rating to a “strong-buy” rating.
- 4/9/2025 – Quanta Services had its price target lowered by analysts at Stifel Nicolaus from $323.00 to $287.00. They now have a “buy” rating on the stock.
- 4/8/2025 – Quanta Services is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $286.00 price target on the stock.
- 4/8/2025 – Quanta Services had its price target lowered by analysts at Truist Financial Co. from $398.00 to $324.00. They now have a “buy” rating on the stock.
- 4/7/2025 – Quanta Services was upgraded by analysts at Piper Sandler to a “strong-buy” rating.
- 3/19/2025 – Quanta Services had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $300.00 price target on the stock, down previously from $343.00.
- 3/18/2025 – Quanta Services was upgraded by analysts at B. Riley to a “hold” rating.
Quanta Services Trading Down 0.1%
Shares of Quanta Services stock opened at $326.00 on Monday. The company has a fifty day simple moving average of $271.55 and a 200-day simple moving average of $300.57. Quanta Services, Inc. has a 12-month low of $227.08 and a 12-month high of $365.88. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The stock has a market cap of $48.33 billion, a price-to-earnings ratio of 54.06, a PEG ratio of 1.41 and a beta of 1.02.
Quanta Services (NYSE:PWR – Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The construction company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.06. The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $5.88 billion. Quanta Services had a net margin of 3.82% and a return on equity of 18.00%. Quanta Services’s quarterly revenue was up 23.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.41 EPS. On average, equities analysts forecast that Quanta Services, Inc. will post 9.34 EPS for the current fiscal year.
Quanta Services Announces Dividend
Hedge Funds Weigh In On Quanta Services
Large investors have recently bought and sold shares of the company. Banque Transatlantique SA purchased a new position in shares of Quanta Services in the 4th quarter valued at about $25,000. Quarry LP purchased a new position in Quanta Services during the 4th quarter valued at about $26,000. Webster Bank N. A. increased its holdings in Quanta Services by 4,050.0% during the 4th quarter. Webster Bank N. A. now owns 83 shares of the construction company’s stock valued at $26,000 after acquiring an additional 81 shares in the last quarter. Sierra Ocean LLC purchased a new position in Quanta Services during the 4th quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. purchased a new position in Quanta Services during the 1st quarter valued at about $25,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.
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.
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