Quanta Services, Inc. (NYSE:PWR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Quanta Services, Inc. (NYSE:PWR) have been given a consensus rating of “Moderate Buy” by the twenty-three ratings firms that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $562.9545.

A number of analysts have recently commented on the company. Robert W. Baird boosted their price target on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research report on Friday. Roth Mkm reissued a “buy” rating and issued a $600.00 target price on shares of Quanta Services in a report on Friday. Mizuho raised their price target on Quanta Services from $424.00 to $537.00 and gave the company a “neutral” rating in a report on Tuesday. The Goldman Sachs Group upped their price target on shares of Quanta Services from $495.00 to $685.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Quanta Services from $515.00 to $627.00 and gave the company an “overweight” rating in a research report on Friday, February 20th.

Hedge Funds Weigh In On Quanta Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arete Wealth Advisors LLC increased its holdings in shares of Quanta Services by 2.2% in the 4th quarter. Arete Wealth Advisors LLC now owns 917 shares of the construction company’s stock worth $387,000 after purchasing an additional 20 shares in the last quarter. Quantum Portfolio Management LLC boosted its position in shares of Quanta Services by 2.2% during the fourth quarter. Quantum Portfolio Management LLC now owns 946 shares of the construction company’s stock valued at $399,000 after buying an additional 20 shares during the last quarter. Icon Wealth Advisors LLC increased its holdings in Quanta Services by 1.2% in the 4th quarter. Icon Wealth Advisors LLC now owns 1,733 shares of the construction company’s stock worth $731,000 after buying an additional 21 shares in the last quarter. Sunburst Financial Group LLC raised its position in Quanta Services by 2.0% in the 4th quarter. Sunburst Financial Group LLC now owns 1,147 shares of the construction company’s stock worth $484,000 after buying an additional 22 shares during the last quarter. Finally, Spirepoint Private Client LLC lifted its stake in Quanta Services by 2.0% during the 4th quarter. Spirepoint Private Client LLC now owns 1,107 shares of the construction company’s stock valued at $467,000 after acquiring an additional 22 shares during the period. 90.49% of the stock is owned by institutional investors.

Quanta Services Stock Performance

Shares of PWR stock opened at $569.21 on Wednesday. The company’s fifty day moving average price is $469.47 and its 200-day moving average price is $436.79. The stock has a market cap of $85.17 billion, a PE ratio of 83.71, a price-to-earnings-growth ratio of 2.55 and a beta of 1.15. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services has a 12 month low of $227.08 and a 12 month high of $570.92.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. Quanta Services’s revenue was up 19.7% on a year-over-year basis. During the same period last year, the company posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, equities analysts expect that Quanta Services will post 9.34 EPS for the current fiscal year.

Quanta Services Company Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.