Is Quanta Services (PWR) Outperforming Other Construction Stocks This Year?

Group 1 - Quanta Services (PWR) is currently outperforming the Construction sector, with a year-to-date performance increase of 19.6%, while the sector has seen an average decline of 0.6% [4] - The Zacks Rank for Quanta Services is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past three months, the consensus estimate for Quanta Services' full-year earnings has increased by 1.4%, reflecting improving analyst sentiment [3] Group 2 - Quanta Services is part of the Engineering - R and D Services industry, which consists of 17 companies and is currently ranked 97 in the Zacks Industry Rank [5] - The average performance of stocks in the Engineering - R and D Services industry has been a gain of 8.2% this year, indicating that Quanta Services is performing better than its industry peers [5] - Southland Holdings (SLND), another outperforming stock in the Construction sector, has increased by 28.6% year-to-date and has a Zacks Rank of 2 (Buy) [4][5]