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Quanta Services (PWR) Laps the Stock Market: Here's Why
Quanta ServicesQuanta Services(US:PWR) ZACKSยท2025-06-26 23:01

Company Performance - Quanta Services (PWR) experienced a price increase of +1.44% to $379.47, outperforming the S&P 500's gain of 0.8% on the same day [1] - Prior to the recent trading session, PWR shares had risen by 9.92%, surpassing the Construction sector's gain of 2.22% and the S&P 500's gain of 5.12% [1] Earnings Projections - The upcoming earnings report for Quanta Services is projected to show earnings per share (EPS) of $2.44, indicating a 28.42% increase from the same quarter last year [2] - Revenue is expected to reach $6.53 billion, reflecting a 16.73% increase compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are projected at $10.32 per share and revenue at $27.03 billion, representing increases of +15.05% and +14.18% respectively from the previous year [3] - Changes in analyst estimates for Quanta Services are crucial as they often indicate shifts in short-term business dynamics, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Quanta Services has a Forward P/E ratio of 36.24, which is significantly higher than the industry average of 20.14, indicating a premium valuation [6] - The company's PEG ratio stands at 2.68, compared to the industry average PEG ratio of 1.72, suggesting that the stock is priced higher relative to its projected earnings growth [6] Industry Context - The Engineering - R and D Services industry, which includes Quanta Services, holds a Zacks Industry Rank of 58, placing it in the top 24% of over 250 industries [7] - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]