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.
Investment analysts gave a few price targets for PWR. The highest price target was 46, implying potential capital gains of 36.22 percent. The minimum price target given was 38, which equates to a potential downside of 12.53 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. If we look at the last 90 days instead, we find a net average change of -0.06 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
PWR has an estimated earnings growth rate of 21.05 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 45.43 percent above the 52-week low, and 13.01 percent lower than its 52-week 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 market cap of PWR is $5.06 billion. PWR will post this quarters earnings in days, on 0000-00-00.