Zacks Research Boosts Earnings Estimates for Quanta Services

Quanta Services, Inc. (NYSE:PWR) – Stock analysts at Zacks Research increased their Q3 2025 EPS estimates for Quanta Services in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Mukherjee now anticipates that the construction company will post earnings of $2.87 per share for the quarter, up from their prior estimate of $2.84. The consensus estimate for Quanta Services’ current full-year earnings is $9.34 per share.

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

Several other research analysts also recently issued reports on the stock. Bank of America began coverage on shares of Quanta Services in a research report on Friday, January 24th. They set a “buy” rating and a $407.00 price target on the stock. Truist Financial cut their target price on shares of Quanta Services from $399.00 to $398.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Citigroup cut their price target on shares of Quanta Services from $394.00 to $371.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. JPMorgan Chase & Co. increased their price target on shares of Quanta Services from $297.00 to $323.00 and gave the company a “neutral” rating in a research report on Tuesday, January 28th. Finally, Roth Mkm started coverage on shares of Quanta Services in a research report on Friday, February 21st. They issued a “buy” rating and a $350.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $326.95.

Quanta Services Stock Up 4.5 %

PWR opened at $261.47 on Friday. The firm’s 50-day simple moving average is $294.19 and its 200-day simple moving average is $304.30. The firm has a market cap of $38.75 billion, a price-to-earnings ratio of 43.36, a PEG ratio of 1.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. Quanta Services has a twelve month low of $227.11 and a twelve month high of $365.88.

Institutional Investors Weigh In On Quanta Services

Several large investors have recently made changes to their positions in PWR. Swedbank AB boosted its holdings in shares of Quanta Services by 4.6% in the 3rd quarter. Swedbank AB now owns 960,081 shares of the construction company’s stock valued at $286,248,000 after buying an additional 42,579 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Quanta Services by 7.3% in the 3rd quarter. Assetmark Inc. now owns 5,781 shares of the construction company’s stock valued at $1,723,000 after buying an additional 392 shares during the last quarter. Versor Investments LP acquired a new stake in shares of Quanta Services in the 3rd quarter valued at approximately $406,000. Apollon Wealth Management LLC lifted its holdings in Quanta Services by 2.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 6,072 shares of the construction company’s stock valued at $1,810,000 after purchasing an additional 122 shares during the last quarter. Finally, Harbour Investments Inc. lifted its holdings in Quanta Services by 3.7% during the 3rd quarter. Harbour Investments Inc. now owns 4,215 shares of the construction company’s stock valued at $1,257,000 after purchasing an additional 150 shares during the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

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.