Powell(US:POWL) ZACKSยท2024-06-28 22:52Company Performance - Powell Industries (POWL) closed at $143.40, with a +0.92% change compared to the previous day, outperforming the S&P 500's daily loss of 0.41% [1] - Over the last month, Powell Industries' shares have decreased by 31.01%, contrasting with the Industrial Products sector's loss of 4.53% and the S&P 500's gain of 3.53% [1] Upcoming Earnings - Powell Industries is projected to report earnings of $2.12 per share, indicating a year-over-year growth of 39.47% [2] - The consensus estimate for revenue is $217.37 million, reflecting a 13% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $9.04 per share and revenue of $888.12 million for the entire year, representing changes of +119.42% and +27%, respectively, compared to the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Powell Industries are important as they reflect shifting short-term business dynamics, with positive revisions indicating optimism about the company's outlook [4] Zacks Rank and Stock Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988; Powell Industries currently holds a Zacks Rank of 1 [6] Valuation Metrics - Powell Industries has a Forward P/E ratio of 15.72, which is a discount compared to the industry's average Forward P/E of 22.39 [7] - The company has a PEG ratio of 1.12, while the Manufacturing - Electronics industry had an average PEG ratio of 1.88 [7] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector and currently holds a Zacks Industry Rank of 19, placing it in the top 8% of over 250 industries [8]