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Powell Industries (POWL) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-11-11 23:50
In the latest market close, Powell Industries (POWL) reached $352.37, with a +1.73% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.06%.Shares of the energy equipment company witnessed a gain of 31.72% over the previous month, beating the performance of the Industrial Products sector with its gain of 4.85% and the S&P 500's gain of 4.37%.The investment community will be paying close atten ...
Powell Industries: Up 1,250% In 24 Months, But You Still Haven't Missed The Boat
Seeking Alpha· 2024-11-07 04:42
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Powell Industries Announces Date and Conference Call for Fiscal 2024 Fourth Quarter and Full Year Results
GlobeNewswire News Room· 2024-11-05 21:15
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal fourth quarter and year ended September 30, 2024 on Tuesday, November 19, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations secti ...
Tiny Powell Industries Is Pursuing A Pivotal Role In Some Hot Growth Markets
Seeking Alpha· 2024-10-25 13:47
After 43+ years working for one investment research company or another, I finally retired. So now, I'm completely independent. And for the first time on Seeking Alpha, I won't be working based on anybody else's product agenda. I have only one goal now… to give you the best actionable investment insights I can.I have long specialized in rules/factor-based equity investing strategies. But I'm different from others who share such backgrounds. I don't serve the numbers. Instead, the numbers serve me… to inspire ...
Improving Margins Make Powell Industries A Growth Stock Worth Watching
Seeking Alpha· 2024-10-06 18:20
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Powell's Share Price Trades Near 52-Week High: How to Play It?
ZACKS· 2024-10-01 17:36
Shares of Powell Industries, Inc. (POWL) are showing impressive gains of late, hovering at more than $200 per share in the past seven trading sessions. The stock closed at $221.99 on Monday, just 1.8% below its 52- week high of $226. In the past three months, the electrical equipment manufacturer's shares have jumped 53.4%, outpacing the Zacks Manufacturing - Electronics industry and the S&P 500's returns of 5.4% and 4.0%, respectively. The company has also outperformed other industry players like EnerSys ( ...
Powell Industries, Inc. (POWL) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-09-25 14:16
Core Viewpoint - Powell Industries (POWL) has experienced significant stock performance, with a 19.3% increase over the past month and a 147% rise since the beginning of the year, outperforming the Zacks Industrial Products sector and the Zacks Manufacturing - Electronics industry [1] Financial Performance - In the last earnings report on July 30, 2024, Powell Industries reported an EPS of $3.79, exceeding the consensus estimate of $2.12, marking a strong record of positive earnings surprises [2] - For the current fiscal year, Powell Industries is projected to achieve earnings of $12.01 per share on revenues of $1.01 billion, reflecting a 191.5% increase in EPS and a 45% increase in revenues [3] - The next fiscal year is expected to see earnings of $12.44 per share on revenues of $1.05 billion, indicating a year-over-year change of 3.58% in EPS and 4% in revenues [3] Valuation Metrics - Powell Industries currently trades at 18.2X current fiscal year EPS estimates, below the peer industry average of 22.7X, and at 44.2X trailing cash flow compared to the peer group's average of 22X [7] - The stock has a PEG ratio of 1.3, which does not place it among the top echelon of stocks from a value perspective [7] Zacks Rank and Style Scores - Powell Industries holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, meeting the criteria for investors seeking stocks with strong potential [8] - The company has a Value Score of C, a Growth Score of B, and a Momentum Score of F, resulting in a combined VGM Score of B [6] Industry Comparison - Enersys (ENS), a peer in the industry, has a Zacks Rank of 2 (Buy) and shows strong earnings performance, with expected earnings of $8.94 per share on revenues of $3.75 billion for the current fiscal year [9][10] - The Manufacturing - Electronics industry is positioned in the top 9% of all industries, suggesting favorable conditions for both Powell Industries and Enersys [11]
Is Most-Watched Stock Powell Industries, Inc. (POWL) Worth Betting on Now?
ZACKS· 2024-09-11 14:06
Powell Industries (POWL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this energy equipment company have returned -3.7%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Manufacturing - Electronics industry, which Powell Industries falls in, has lost 2%. The key question now is: What could be the stock's fut ...
Powell Surges 86.9% in the Past Year: Is it Time to Buy the Stock?
ZACKS· 2024-09-10 17:14
Powell Industries, Inc. (POWL) shares have surged 86.9% over the past year, outpacing the Zacks Manufacturing - Electronics industry and the Industrial Products sector's returns of 1.4% and 11.3%, respectively. The company has outperformed other industry players like Eaton Corporation (ETN) and Franklin Electric Co., Inc. (FELE) , which have returned 21.6% and 3.3%, respectively, over the same time frame. Closing at $155.41 in the last trading session, the stock is trading below its 52-week high of $209.14 ...
Powell Industries: Long-Term Bullish View Still Intact With An Even Better Valuation
Seeking Alpha· 2024-09-09 09:03
dusanpetkovic/iStock via Getty Images The Thesis After a strong 2023 with double-digit topline expansion, Powell Industries (NASDAQ:POWL) has seen nearly 50% growth in the first three quarters of 2024 as demand remains healthy across most of the end market. I expect this to continue further in quarters ahead despite near term headwinds in the Oil and Gas end market as demand in other industrial markets like Petrochemical remains robust, which along with strong backlog levels should help the company in closi ...