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

Quanta Services (NYSE:PWR) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 9.900-10.500 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Daiwa America raised Quanta Services to a “strong-buy” rating in a report on Friday, December 6th. Northland Securities reaffirmed an “outperform” rating and set a $328.00 price objective (up previously from $280.00) on shares of Quanta Services in a report on Friday, November 1st. Stifel Nicolaus upped their target price on shares of Quanta Services from $374.00 to $388.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Citigroup dropped their target price on shares of Quanta Services from $394.00 to $371.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Finally, BMO Capital Markets assumed coverage on shares of Quanta Services in a research report on Monday, February 3rd. They issued an “outperform” rating and a $338.00 price objective for the company. Four investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $331.53.

Quanta Services Stock Down 4.1 %

Quanta Services stock opened at $269.75 on Friday. The stock has a market cap of $39.82 billion, a P/E ratio of 44.73, a P/E/G ratio of 1.41 and a beta of 1.05. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56. Quanta Services has a twelve month low of $221.07 and a twelve month high of $365.88. The company’s 50-day moving average price is $316.02 and its two-hundred day moving average price is $305.18.

Quanta Services (NYSE:PWR) last announced its earnings results on Thursday, February 20th. The construction company reported $2.74 EPS for the quarter, topping 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 company had revenue of $6.55 billion for the quarter, compared to analysts’ expectations of $6.61 billion. As a group, analysts expect that Quanta Services will post 9.34 EPS 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.