Quanta Services (PWR) Advances While Market Declines: Some Information for Investors

From Nasdaq: 2024-06-21 18:15:21

Quanta Services (PWR) closed at $274, up +0.01% from the previous day. The stock outperformed the S&P 500 but fell by 0.93% in the past month. Analysts expect a 13.33% increase in EPS for the upcoming earnings report, with a projected revenue of $5.52 billion.

Investors should monitor recent analyst revisions for Quanta Services as they reflect short-term business trends. The Zacks Rank system shows a steady estimate for Quanta Services at #3 (Hold). The company’s current Forward P/E ratio is 32.45, higher than the industry average.

Quanta Services is part of the Construction sector, with an industry rank of 49 out of 250+. Top-ranked industries tend to outperform the lower-ranked ones by 2 to 1. Learn more about these metrics and find more information on Zacks.com.

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