In the latest close session, Quanta Services (PWR) was down 4.12% at $660.53. The stock’s change was less than the S&P 500’s daily loss of 1.11%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 1.88%.
The specialty contractor for utility and energy companies’s stock has climbed by 12.31% in the past month, exceeding the Construction sector’s loss of 3.55% and the S&P 500’s gain of 2.06%.
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. It is anticipated that the company will report an EPS of $5.01, marking a 50.45% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $10.99 billion, reflecting a 43.95% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $16.7 per share and revenue of $39.41 billion. These totals would mark changes of +55.35% and +38.37%, respectively, from last year.
It’s also important for investors to be aware of any recent modifications to analyst estimates for Quanta Services. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.24% higher. Quanta Services presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Quanta Services currently has a Forward P/E ratio of 41.26. This denotes a premium relative to the industry average Forward P/E of 24.21.
It’s also important to note that PWR currently trades at a PEG ratio of 1.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. Engineering – R and D Services stocks are, on average, holding a PEG ratio of 1.1 based on yesterday’s closing prices.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
