Critical Survey: Quanta Services (PWR) versus The Competition
Quanta Services (NYSE: PWR) is one of 48 publicly-traded companies in the “Construction & Engineering” industry, but how does it weigh in compared to its peers? We will compare Quanta Services to similar businesses based on the strength of its institutional ownership, profitability, risk, earnings, analyst recommendations, valuation and dividends.
Insider and Institutional Ownership
88.5% of Quanta Services shares are owned by institutional investors. Comparatively, 83.6% of shares of all “Construction & Engineering” companies are owned by institutional investors. 0.7% of Quanta Services shares are owned by insiders. Comparatively, 10.0% of shares of all “Construction & Engineering” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Risk & Volatility
Quanta Services has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500. Comparatively, Quanta Services’ peers have a beta of 1.27, indicating that their average stock price is 27% more volatile than the S&P 500.
This table compares Quanta Services and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Quanta Services Competitors||2.19%||-27.15%||2.39%|
This is a breakdown of current ratings and price targets for Quanta Services and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Quanta Services Competitors||156||891||1547||17||2.55|
Quanta Services presently has a consensus price target of $42.14, suggesting a potential upside of 12.80%. As a group, “Construction & Engineering” companies have a potential upside of 20.01%. Given Quanta Services’ peers higher possible upside, analysts plainly believe Quanta Services has less favorable growth aspects than its peers.
Valuation & Earnings
This table compares Quanta Services and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Quanta Services||$8.52 billion||$655.04 million||21.11|
|Quanta Services Competitors||$3.12 billion||$137.70 million||19.13|
Quanta Services has higher revenue and earnings than its peers. Quanta Services is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Quanta Services beats its peers on 9 of the 13 factors compared.
Quanta Services Company Profile
Quanta Services, Inc. is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power and oil and gas industries in the United States, Canada and Australia and selected other international markets. The Company operates through two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry, and Oil and Gas Infrastructure Services, which provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products. The services it provides include the design, installation, upgrade, repair and maintenance of infrastructure within each of the industries it serves, such as electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and infrastructure services for the offshore and inland water energy markets.
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