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.
Many analysts weighed in on price targets for PWR. The maximum price target given was 46, implying a possible profit of 36.22 percent. The most pessimistic analyst gave a price target of 38, implying potential capital losses of 12.53 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.93 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.93 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.04 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.06 percent.
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 made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PWR is 1.1.
In the last 52-weeks, PWR has achieved a high of 38.82 and a low of 23.22. 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 stock has a market capitalization of $5.06 billion. PWR's next earnings release will be on 0000-00-00, which is days away.