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, which equates to a potential upside of 36.22 percent. The lowest price target 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.93 percent. The average change in earnings estimates over the last 90 days is -0.93 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.04 percent, compared to last month. 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 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.
PWR has an estimated earnings growth rate of 21.05 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies 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. The current market price is above the trailing year's low by 45.43 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.