Quanta Services (NYSE:PWR) Updates FY 2025 Earnings Guidance

Quanta Services (NYSE:PWR) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 9.900-10.500 for the period, compared to the consensus estimate of 10.250. The company issued revenue guidance of $26.6 billion-$27.1 billion, compared to the consensus revenue estimate of $26.9 billion.

Analyst Ratings Changes

Several research firms have recently commented on PWR. BMO Capital Markets began coverage on shares of Quanta Services in a research report on Monday, February 3rd. They set an “outperform” rating and a $338.00 target price for the company. Robert W. Baird boosted their price target on shares of Quanta Services from $320.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Daiwa America upgraded shares of Quanta Services to a “strong-buy” rating in a report on Friday, December 6th. Truist Financial cut their price target on shares of Quanta Services from $399.00 to $398.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, Guggenheim started coverage on shares of Quanta Services in a report on Wednesday, January 8th. They set a “neutral” rating on the stock. Four equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $331.53.

Quanta Services Stock Performance

Shares of PWR stock opened at $269.75 on Friday. The stock has a market capitalization of $39.82 billion, a P/E ratio of 44.73, a PEG ratio of 1.41 and a beta of 1.05. 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 firm’s 50 day moving average is $316.02 and its 200 day moving average is $305.18. Quanta Services has a 12 month low of $221.07 and a 12 month high of $365.88.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, February 20th. The construction company reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.62 by $0.12. The company had revenue of $6.55 billion for the quarter, compared to analysts’ expectations of $6.61 billion. Quanta Services had a net margin of 3.82% and a return on equity of 18.00%. On average, sell-side analysts anticipate that Quanta Services will post 9.34 earnings per share for the current year.

Quanta Services Company Profile

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.