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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 ...
Powell Industries: At The Forefront Of The Fourth Industrial Revolution
Seeking Alpha· 2024-09-02 19:46
JulPo/E+ via Getty Images When I first learned about the Fourth Industrial Revolution (sometimes referred to as "Industry 4.0") which was originally discussed in 2016 by Klaus Schwab of the World Economic Forum, it was after this review of it came out in 2020 on Seeking Alpha suggesting that the Fourth Industrial Revolution is just beginning that I became interested in the investing aspect of this latest trend. We believe we are living through the Fourth Industrial Revolution today, and that it is driving t ...
3 Reasons Why Growth Investors Shouldn't Overlook Powell Industries (POWL)
ZACKS· 2024-08-20 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy ...
Powell Industries, Inc. (POWL) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-08-06 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 +4.5%, compared to the Zacks S&P 500 composite's -6.7% change. During this period, the Zacks Manufacturing - Electronics industry, which Powell Industries falls in, has lost 8.8%. The key question now is: What could be the stock's f ...
Is Powell Industries (POWL) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-02 17:46
Growth Stocks and Powell Industries - Investors seek growth stocks for above-average returns, but these stocks carry higher risk and volatility [1] - The Zacks Growth Style Score helps identify cutting-edge growth stocks like Powell Industries (POWL), which has a favorable Growth Score and top Zacks Rank [2] - Stocks with strong growth features and high Zacks Rank consistently outperform the market [3] Earnings Growth - Earnings growth is crucial for investors, with double-digit growth indicating strong prospects [4] - Powell Industries' historical EPS growth rate is 48 6%, but the projected growth for this year is 191 5%, significantly higher than the industry average of 14 8% [5] Cash Flow Growth - Cash flow growth is vital for growth-oriented companies, enabling business expansion without external funding [6] - Powell Industries' year-over-year cash flow growth is 153 4%, compared to the industry average of 10 8% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 55 8%, versus the industry average of 7 1% [7] Earnings Estimate Revisions - Positive earnings estimate revisions are a strong indicator of near-term stock price movements [8] - Powell Industries has seen a 32 9% surge in the Zacks Consensus Estimate for the current year over the past month [9] Conclusion - Powell Industries is a Zacks Rank 1 stock with a Growth Score of A, positioning it well for outperformance [10][11]
Surging Earnings Estimates Signal Upside for Powell Industries (POWL) Stock
ZACKS· 2024-08-02 17:21
Powell Industries (POWL) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this energy equipment company, should get reflected in its stock price. After all, empirical research shows a strong corre ...
Powell Industries: Beware Of The High Short Float, It's Time To Book Profits
Seeking Alpha· 2024-08-01 07:47
seraficus Introduction & Investment Thesis Powell Industries (NASDAQ:POWL) develops, designs, and manufactures custom-engineered equipment for end markets that include Oil & Gas, Petrochemicals, Electric Utility and Commercial. The stock has sizably outperformed the S&P 500 and Nasdaq 100 YTD. It reported its Q3 FY24 earnings, where revenue and diluted earnings per share grew 50% and 149% YoY, respectively, beating estimates by a huge margin. Although the company is seeing strong bookings across its end mar ...
Powell(POWL) - 2024 Q3 - Quarterly Report
2024-07-31 18:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-12488 Powell Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 88-0106100 (State or other jurisdic ...
Powell(POWL) - 2024 Q3 - Earnings Call Transcript
2024-07-31 18:14
Powell Industries, Inc. (NASDAQ:POWL) Q3 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ryan Coleman - Alpha IR Brett Cope - Chairman & CEO Mike Metcalf - CFO Conference Call Participants John Franzreb - Sidoti & Company Jon Braatz - Kansas City Capital Operator Good day and welcome to the Powell Industries' Fiscal Third Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded. I woul ...