Analyst Ratings for Quanta Services Inc. (PWR)Updated: 2017-07-26
Analysts covering Quanta Services Inc. (NYSE:PWR) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for PWR last month.
Of the 17 analysts covering the stock, 10 gave it a buy rating, 3 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for PWR by the analysts covering the stock. The highest price target was 46, implying a possible profit of 36.22 percent. The lowest price target was 38, implying potential capital losses of 12.53 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.93 percent. That number becomes -0.93 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.04 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.06 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of PWR's earnings is estimated by analysts to be 21.05 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PWR has a PEG ratio of 1.1.
PWR has traded between a high of 38.82 and a low of 23.22 over the past year. Currently the stock is 45.43 percent higher than its low, and 13.01 percent below the high. PWR has a price/earnings ratio of 23.12. Investors typically compare the P/E ratio to a company's peers in the industry. The PWR value stock report compares PWR to some of its peers using value stock charts. The market cap of PWR is $5.06 billion. PWR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.