Quanta Services Inc. (PWR): Today's Featured Industrial Goods Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Quanta Services (PWR) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Quanta Services fell 31 cents (-1.3%) to $23.92 on light volume. Throughout the day, 1.2 million shares of Quanta Services exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $23.83-$24.37 after having opened the day at $24.24 as compared to the previous trading day's close of $24.23. Other companies within the Industrial Goods sector that declined today were: Dycom Industries (DY), down 19.1%, NF Energy Saving (NFEC), down 15.7%, JinkoSolar (JKS), down 13.7%, and China Development Group Corporation (CTDC), down 11.1%.

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Quanta Services, Inc. provides specialty contracting services primarily in North America. Quanta Services has a market cap of $5.05 billion and is part of the materials & construction industry. The company has a P/E ratio of 22.6, above the average materials & construction industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Quanta Services a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Quanta Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Quanta Services Ratings Report.

On the positive front, Terex (TEX), up 6.4%, Perma-Fix Environmental Services (PESI), up 6.3%, Astronics Corporation (ATRO), up 5.6%, and China Advanced Construction Materials Group (CADC), up 4.8%, were all gainers within the industrial goods sector with Pall Corporation (PLL) being today's featured industrial goods sector leader.

• Use our industrial goods section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR (XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

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For more information on Quanta Services Inc. click any of the following:

• Quanta Services Inc. Stock Price

• Quanta Services Inc. Analyst Ratings

• Quanta Services Inc. Key Stats & Profile

• Quanta Services Inc. Earnings

• Quanta Services Inc. Ratio Comparison

• Quanta Services Inc. Growth Rates

• Quanta Services Inc. Balance Sheet

• Quanta Services Inc. Cash Flow

• Quanta Services Inc. Income Statement