Quanta Services (PWR) Declines More Than Market: Some Information for Investors

Company Performance - Quanta Services (PWR) ended the latest trading session at $307.61, reflecting a -0.54% adjustment from the previous day's close, underperforming the S&P 500 which lost 0.51% [1] - Over the past month, shares of Quanta Services have decreased by 1.97%, while the Construction sector and the S&P 500 gained 2.42% and 2.87% respectively [1] Upcoming Earnings - Quanta Services is scheduled to release its earnings report on February 20, 2025, with projected earnings per share (EPS) of$ 2.63, indicating a 28.92% increase from the same quarter last year [2] - The consensus estimate anticipates revenue of $6.62 billion, reflecting a 14.46% increase from the same quarter last year [2] Analyst Estimates - Recent modifications to analyst estimates for Quanta Services are important as they reflect evolving short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] - The Zacks Consensus EPS estimate has seen a 0.63% decrease over the last 30 days, and Quanta Services currently holds a Zacks Rank of 4 (Sell) [5] Valuation Metrics - Quanta Services has a Forward P/E ratio of 30.08, which is a premium compared to the industry's average Forward P/E of 20.23 [6] - The company has a PEG ratio of 1.41, which is slightly below the average PEG ratio of 1.46 for the Engineering - R and D Services industry [7] Industry Context - The Engineering - R and D Services industry, part of the Construction sector, has a Zacks Industry Rank of 207, placing it within the bottom 18% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]