Seaport Res Ptn Estimates Quanta Services FY2025 Earnings

Quanta Services, Inc. (NYSE:PWR) – Equities research analysts at Seaport Res Ptn issued their FY2025 EPS estimates for shares of Quanta Services in a research note issued on Thursday, July 10th. Seaport Res Ptn analyst T. Curran expects that the construction company will earn $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.

A number of other research analysts have also recently commented on PWR. TD Cowen increased their target price on shares of Quanta Services from $335.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, May 7th. DA Davidson increased their target price on shares of Quanta Services from $295.00 to $305.00 and gave the company a “neutral” rating in a research report on Friday, May 2nd. Truist Financial decreased their target price on shares of Quanta Services from $398.00 to $324.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Northland Capmk downgraded shares of Quanta Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 2nd. Finally, UBS Group set a $413.00 target price on shares of Quanta Services and gave the company a “buy” rating in a research report on Thursday, June 12th. Nine research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $353.35.

Quanta Services Trading Up 0.9%

PWR stock opened at $383.63 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 1.26. The company has a fifty day moving average price of $355.23 and a two-hundred day moving average price of $310.23. Quanta Services has a one year low of $227.08 and a one year high of $388.00. The stock has a market cap of $56.88 billion, a price-to-earnings ratio of 61.88, a price-to-earnings-growth ratio of 2.98 and a beta of 1.08.

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

Hedge Funds Weigh In On Quanta Services

A number of hedge funds have recently modified their holdings of the stock. Compass Ion Advisors LLC purchased a new position in Quanta Services in the second quarter valued at about $290,000. Orrstown Financial Services Inc. purchased a new position in Quanta Services in the second quarter valued at about $233,000. Bouvel Investment Partners LLC purchased a new position in Quanta Services in the second quarter valued at about $2,803,000. Farther Finance Advisors LLC lifted its position in shares of Quanta Services by 117.8% in the second quarter. Farther Finance Advisors LLC now owns 3,415 shares of the construction company’s stock worth $1,291,000 after buying an additional 1,847 shares during the last quarter. Finally, CX Institutional lifted its position in shares of Quanta Services by 10.3% in the second quarter. CX Institutional now owns 811 shares of the construction company’s stock worth $307,000 after buying an additional 76 shares during the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Tuesday, July 1st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.10%. The ex-dividend date of this dividend was Tuesday, July 1st. Quanta Services’s dividend payout ratio is presently 6.45%.

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.