Why Powell Industries (POWL) Dipped More Than Broader Market Today

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 ...