Are Wall Street Analysts Predicting Quanta Services Stock Will Climb or Sink?

Houston, Texas-based Quanta Services, Inc. (PWR) provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries. Valued at a market cap of $43.1 billion, the company has over 50,000 employees and is in all 50 states and more than 15 countries. 

This construction engineering company’s shares have outperformed the broader market over the past 52 weeks. PWR has rallied 34.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 23%. However, the stock is down 11% on a YTD basis, lagging behind SPX’s 4% rise during the same time frame.