Image Source: Zacks Investment Research The electrical equipment manufacturer's strong performance can be largely attributed to its strong foothold and improving conditions in its oil and gas and petrochemical markets. A solid pipeline of projects within the LNG market and its growing presence across the data center and electric utility sectors, along with a solid backlog, have been key catalysts behind the company's growth. Zacks Rank: POWL presently carries a Zacks Rank of 2. You can see the complete list ...

Investors should also take note of any recent adjustments to analyst estimates for Powell Industries. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. The the stock of energy equipment company has fallen by 6.62% in the past month, lagging the Industrial Products sector's gain of 0.33% and the S&P 500's loss of 0.26%. Our research suggests that these changes i ...

Investors interested in Manufacturing - Electronics stocks are likely familiar with Powell Industries (POWL) and Kone Oyj Unsponsored ADR (KNYJY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Right now, both Powell Industries and Kone Oyj Unsponsored ADR are sporting a Zacks Rank of # 2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that bo ...

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a tr ...

HOUSTON, July 16, 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 third quarter ended June 30, 2024 on Tuesday, July 30, 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 section of the Company's ...

The Thesis Business Overview Last Quarter Performance reaching $1.3 billion as of Q2, 2024. 2019 2021 2023 POWL Revenue ($ millions) 200 100 0 POWL revenue (Research Wise) 2019 2023 ($MM) Oll & Gas • Dil & Gas ... LNG, Hydrogen, Carbon Capture, Midatraam/Downstream processing, pip • Peteodemical ... Downstream industrial transformationer processing, pcilities • Light YTD, the company's stock has zoomed more than 60% as the company reported excellent Q1'24 results in January last week reflecting strong top a ...

The Manufacturing - Electronics industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 25, this industry ranks in the top 10% of all industries, numbering over 250. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock- ...

In the latest market close, Powell Industries (POWL) reached $143.40, with a +0.92% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.41%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.71%. The energy equipment company's shares have seen a decrease of 31.01% over the last month, not keeping up with the Industrial Products sector's loss of 4.53% and the S&P 500's gain of 3.53%. Analysts and investors alike will be ...

Analysts and investors alike will be keeping a close eye on the performance of Powell Industries in its upcoming earnings disclosure. The company is forecasted to report an EPS of $2.12, showcasing a 39.47% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $217.37 million, indicating a 13% upward movement from the same quarter last year. Prior to today's trading, shares of the energy equipment company had lost 15.03% ov ...

12 Month EPS Powell Industries (POWL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Here at Zacks, w ...