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) Suffers a Larger Drop Than the General Market: Key Insights
Read MoreHide Full Article
Quanta Services (PWR - Free Report) closed the most recent trading day at $631.02, moving -2.75% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.51%. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 1.47%.
Coming into today, shares of the specialty contractor for utility and energy companies had lost 9.23% in the past month. In that same time, the Construction sector lost 4.14%, while the S&P 500 gained 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of Quanta Services in its upcoming earnings disclosure. The company's earnings report is set to go public on July 30, 2026. It is anticipated that the company will report an EPS of $3.29, marking a 32.66% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $8.53 billion, reflecting a 25.87% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.03 per share and a revenue of $34.76 billion, signifying shifts of +30.51% and +22.03%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Quanta Services. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. Currently, Quanta Services is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Quanta Services is currently exchanging hands at a Forward P/E ratio of 46.25. This denotes a premium relative to the industry average Forward P/E of 24.83.
We can also see that PWR currently has a PEG ratio of 2.33. 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. By the end of yesterday's trading, the Engineering - R and D Services industry had an average PEG ratio of 1.61.
The Engineering - R and D Services industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within 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 follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Quanta Services (PWR) Suffers a Larger Drop Than the General Market: Key Insights
Quanta Services (PWR - Free Report) closed the most recent trading day at $631.02, moving -2.75% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.51%. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 1.47%.
Coming into today, shares of the specialty contractor for utility and energy companies had lost 9.23% in the past month. In that same time, the Construction sector lost 4.14%, while the S&P 500 gained 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of Quanta Services in its upcoming earnings disclosure. The company's earnings report is set to go public on July 30, 2026. It is anticipated that the company will report an EPS of $3.29, marking a 32.66% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $8.53 billion, reflecting a 25.87% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.03 per share and a revenue of $34.76 billion, signifying shifts of +30.51% and +22.03%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Quanta Services. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. Currently, Quanta Services is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Quanta Services is currently exchanging hands at a Forward P/E ratio of 46.25. This denotes a premium relative to the industry average Forward P/E of 24.83.
We can also see that PWR currently has a PEG ratio of 2.33. 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. By the end of yesterday's trading, the Engineering - R and D Services industry had an average PEG ratio of 1.61.
The Engineering - R and D Services industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within 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 follow all of these stock-moving metrics, and many more, on Zacks.com.