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.
A number of analysts gave price targets for PWR. The most optimistic analyst gave a price target of 46, which equates to a potential upside of 36.22 percent. The minimum price target given was 38, which equates to a potential downside of 12.53 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.93 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.93 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.04 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.06 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
PWR has an estimated earnings growth rate of 21.05 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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. The PEG ratio of PWR is 1.1.
PWR has traded between a high of 38.82 and a low of 23.22 over the past year. Today's price is 45.43 percent above the 52-week low, and 13.01 percent below the high. PWR has a P/E 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 stock has a market capitalization of $5.06 billion. PWR's next earnings release will be on 0000-00-00, which is days away.