We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Quanta Services (PWR) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Quanta Services (PWR - Free Report) closed at $624.84 in the latest trading session, marking a -1.36% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
Shares of the specialty contractor for utility and energy companies have appreciated by 16.09% over the course of the past month, outperforming the Construction sector's gain of 10.98%, and the S&P 500's gain of 8.11%.
Market participants will be closely following the financial results of Quanta Services in its upcoming release. The company plans to announce its earnings on April 30, 2026. The company's earnings per share (EPS) are projected to be $2.04, reflecting a 14.61% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $6.99 billion, reflecting a 12.19% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.11 per share and revenue of $33.37 billion. These totals would mark changes of +21.95% and +17.17%, respectively, from last year.
Any recent changes to analyst estimates for Quanta Services should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.27% higher. Quanta Services presently features a Zacks Rank of #3 (Hold).
Investors should also note Quanta Services's current valuation metrics, including its Forward P/E ratio of 48.31. This signifies a premium in comparison to the average Forward P/E of 24.91 for its industry.
It's also important to note that PWR currently trades at a PEG ratio of 2.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Engineering - R and D Services industry was having an average PEG ratio of 1.68.
The Engineering - R and D Services industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 64, placing it within the top 27% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Quanta Services (PWR) Stock Slides as Market Rises: Facts to Know Before You Trade
Quanta Services (PWR - Free Report) closed at $624.84 in the latest trading session, marking a -1.36% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
Shares of the specialty contractor for utility and energy companies have appreciated by 16.09% over the course of the past month, outperforming the Construction sector's gain of 10.98%, and the S&P 500's gain of 8.11%.
Market participants will be closely following the financial results of Quanta Services in its upcoming release. The company plans to announce its earnings on April 30, 2026. The company's earnings per share (EPS) are projected to be $2.04, reflecting a 14.61% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $6.99 billion, reflecting a 12.19% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.11 per share and revenue of $33.37 billion. These totals would mark changes of +21.95% and +17.17%, respectively, from last year.
Any recent changes to analyst estimates for Quanta Services should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.27% higher. Quanta Services presently features a Zacks Rank of #3 (Hold).
Investors should also note Quanta Services's current valuation metrics, including its Forward P/E ratio of 48.31. This signifies a premium in comparison to the average Forward P/E of 24.91 for its industry.
It's also important to note that PWR currently trades at a PEG ratio of 2.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Engineering - R and D Services industry was having an average PEG ratio of 1.68.
The Engineering - R and D Services industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 64, placing it within the top 27% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.