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Quanta Services (PWR) Suffers a Larger Drop Than the General Market: Key Insights
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Quanta Services (PWR - Free Report) closed the most recent trading day at $552.44, moving -8.1% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Prior to today's trading, shares of the specialty contractor for utility and energy companies had lost 5.32% lagged the Construction sector's loss of 5.15% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of Quanta Services in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company's upcoming EPS is projected at $5.01, signifying a 50.45% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $10.99 billion, indicating a 43.95% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $16.7 per share and a revenue of $39.41 billion, demonstrating changes of +55.35% and +38.37%, respectively, from the preceding 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 a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. The Zacks Consensus EPS estimate has moved 0.24% higher within the past month. At present, Quanta Services boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Quanta Services is presently trading at a Forward P/E ratio of 36.01. This valuation marks a premium compared to its industry average Forward P/E of 21.15.
One should further note that PWR currently holds a PEG ratio of 1.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Engineering - R and D Services industry was having an average PEG ratio of 1.1.
The Engineering - R and D Services industry is part of the Construction sector. This group has a Zacks Industry Rank of 194, putting it in the bottom 22% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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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 $552.44, moving -8.1% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Prior to today's trading, shares of the specialty contractor for utility and energy companies had lost 5.32% lagged the Construction sector's loss of 5.15% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of Quanta Services in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company's upcoming EPS is projected at $5.01, signifying a 50.45% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $10.99 billion, indicating a 43.95% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $16.7 per share and a revenue of $39.41 billion, demonstrating changes of +55.35% and +38.37%, respectively, from the preceding 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 a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. The Zacks Consensus EPS estimate has moved 0.24% higher within the past month. At present, Quanta Services boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Quanta Services is presently trading at a Forward P/E ratio of 36.01. This valuation marks a premium compared to its industry average Forward P/E of 21.15.
One should further note that PWR currently holds a PEG ratio of 1.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Engineering - R and D Services industry was having an average PEG ratio of 1.1.
The Engineering - R and D Services industry is part of the Construction sector. This group has a Zacks Industry Rank of 194, putting it in the bottom 22% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.