Quanta Services (PWR) – Investment Analysts’ Recent Ratings Updates

Quanta Services (NYSE: PWR) has recently received a number of price target changes and ratings updates:

• 2/25/2025 – Quanta Services was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. They now have a $316.00 price target on the stock, down previously from $338.00.
• 2/24/2025 – Quanta Services was downgraded by analysts at Daiwa Capital Markets from an “outperform” rating to a “neutral” rating.
• 2/24/2025 – Quanta Services was downgraded by analysts at Daiwa America from a “strong-buy” rating to a “hold” rating.
• 2/24/2025 – Quanta Services had its price target lowered by analysts at Stifel Nicolaus from $388.00 to $323.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Quanta Services is now covered by analysts at Roth Mkm. They set a “buy” rating and a $350.00 price target on the stock.
• 2/20/2025 – Quanta Services was upgraded by analysts at Roth Capital to a “strong-buy” rating.
• 2/3/2025 – Quanta Services is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $338.00 price target on the stock.
• 1/29/2025 – Quanta Services had its price target lowered by analysts at Citigroup Inc. from $394.00 to $371.00. They now have a “buy” rating on the stock.
• 1/28/2025 – Quanta Services had its price target raised by analysts at JPMorgan Chase & Co. from $297.00 to $323.00. They now have a “neutral” rating on the stock.
• 1/24/2025 – Quanta Services is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $407.00 price target on the stock.
• 1/22/2025 – Quanta Services had its price target raised by analysts at Stifel Nicolaus from $374.00 to $388.00. They now have a “buy” rating on the stock.
• 1/16/2025 – Quanta Services had its price target lowered by analysts at Truist Financial Co. from $399.00 to $398.00. They now have a “buy” rating on the stock.

Quanta Services Stock Up 2.7 %

Shares of NYSE PWR traded up $6.41 during mid-day trading on Tuesday, hitting $243.12. The company had a trading volume of 1,039,192 shares, compared to its average volume of 1,754,852. Quanta Services, Inc. has a one year low of $227.11 and a one year high of $365.88. The company has a market capitalization of $36.03 billion, a PE ratio of 40.32, a price-to-earnings-growth ratio of 1.41 and a beta of 1.10. 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 has a 50-day simple moving average of $299.51 and a two-hundred day simple moving average of $305.08.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, February 20th. The construction company reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.12. The firm had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.61 billion. Quanta Services had a return on equity of 18.00% and a net margin of 3.82%. On average, equities analysts expect that Quanta Services, Inc. will post 9.34 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of Quanta Services during the 4th quarter worth approximately $544,937,000. Capital World Investors increased its holdings in shares of Quanta Services by 14.1% in the fourth quarter. Capital World Investors now owns 7,223,471 shares of the construction company’s stock valued at $2,282,978,000 after purchasing an additional 891,977 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Quanta Services in the fourth quarter valued at about $203,068,000. Bank of America Corp DE lifted its stake in shares of Quanta Services by 42.8% during the 4th quarter. Bank of America Corp DE now owns 1,691,652 shares of the construction company’s stock worth $534,647,000 after buying an additional 506,722 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Quanta Services by 210.8% during the 4th quarter. Voya Investment Management LLC now owns 550,598 shares of the construction company’s stock worth $174,016,000 after buying an additional 373,429 shares during the period. 90.49% of the stock is currently owned by institutional investors and hedge funds.

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.