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.

Quanta Services Stock Up 1.5 %

PWR opened at $292.04 on Thursday. Quanta Services has a 12 month low of $206.58 and a 12 month high of $365.88. The business has a 50-day moving average of $318.48 and a two-hundred day moving average of $305.14. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.23 and a quick ratio of 1.19. The stock has a market capitalization of $43.11 billion, a price-to-earnings ratio of 53.88, a price-to-earnings-growth ratio of 1.44 and a beta of 1.05.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Daiwa America raised shares of Quanta Services to a “strong-buy” rating in a research note on Friday, December 6th. Truist Financial cut their target price on Quanta Services from $399.00 to $398.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Stifel Nicolaus boosted their price target on Quanta Services from $374.00 to $388.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Northland Securities restated an “outperform” rating and issued a $328.00 price objective (up from $280.00) on shares of Quanta Services in a report on Friday, November 1st. Finally, Daiwa Capital Markets assumed coverage on Quanta Services in a research note on Friday, December 6th. They issued an “outperform” rating and a $355.00 price objective on the stock. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $330.50.

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.