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Quanta Services (PWR) Outpaces Stock Market Gains: What You Should Know
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Quanta Services (PWR - Free Report) ended the recent trading session at $639.20, demonstrating a +1.05% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Coming into today, shares of the specialty contractor for utility and energy companies had lost 14.54% in the past month. In that same time, the Construction sector lost 7.42%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Quanta Services in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2026. On that day, Quanta Services is projected to report earnings of $3.29 per share, which would represent year-over-year growth of 32.66%. Meanwhile, the latest consensus estimate predicts the revenue to be $8.53 billion, indicating a 25.87% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $14.03 per share and a revenue of $34.76 billion, indicating changes of +30.51% and +22.03%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Quanta Services. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% lower. Quanta Services presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Quanta Services is at present trading with a Forward P/E ratio of 45.09. Its industry sports an average Forward P/E of 24.67, so one might conclude that Quanta Services is trading at a premium comparatively.
It is also worth noting that PWR currently has a PEG ratio of 2.27. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 1.57 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. With its current Zacks Industry Rank of 100, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Quanta Services (PWR) Outpaces Stock Market Gains: What You Should Know
Quanta Services (PWR - Free Report) ended the recent trading session at $639.20, demonstrating a +1.05% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Coming into today, shares of the specialty contractor for utility and energy companies had lost 14.54% in the past month. In that same time, the Construction sector lost 7.42%, while the S&P 500 lost 0.63%.
The investment community will be closely monitoring the performance of Quanta Services in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2026. On that day, Quanta Services is projected to report earnings of $3.29 per share, which would represent year-over-year growth of 32.66%. Meanwhile, the latest consensus estimate predicts the revenue to be $8.53 billion, indicating a 25.87% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $14.03 per share and a revenue of $34.76 billion, indicating changes of +30.51% and +22.03%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Quanta Services. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% lower. Quanta Services presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Quanta Services is at present trading with a Forward P/E ratio of 45.09. Its industry sports an average Forward P/E of 24.67, so one might conclude that Quanta Services is trading at a premium comparatively.
It is also worth noting that PWR currently has a PEG ratio of 2.27. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 1.57 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. With its current Zacks Industry Rank of 100, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.