Powell(US:POWL) ZACKSยท2024-06-21 14:05Core Viewpoint - Powell Industries (POWL) is experiencing increased attention in the market, with significant earnings growth expected in the near term, which may influence its stock performance [1][10]. Earnings Performance - For the current quarter, Powell Industries is projected to report earnings of $2.12 per share, reflecting a year-over-year increase of +39.5% [3]. - The consensus earnings estimate for the current fiscal year stands at $9.04, indicating a substantial change of +119.4% from the previous year [12]. - The company reported revenues of $255.11 million in the last quarter, marking a year-over-year increase of +48.8% [15]. Revenue Growth - The consensus sales estimate for the current quarter is $217.37 million, which represents a year-over-year change of +13% [14]. - For the current and next fiscal years, revenue estimates are $888.12 million and $923.65 million, indicating changes of +27% and +4%, respectively [14]. Valuation Metrics - Powell Industries is graded B in terms of valuation, suggesting it is trading at a discount compared to its peers [9]. - The analysis of valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), indicates the stock's relative value [8]. Market Performance - Over the past month, shares of Powell Industries have declined by -15%, contrasting with the Zacks S&P 500 composite's increase of +3.2% [11]. - The company has surpassed consensus EPS estimates three times over the last four quarters, indicating strong performance relative to expectations [16]. Analyst Sentiment - Powell Industries holds a Zacks Rank 1 (Strong Buy), suggesting it may outperform the broader market in the near term due to positive earnings estimate revisions [10][13].