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Powell Industries, Inc. (POWL) is Attracting Investor Attention: Here is What You Should Know
PowellPowell(US:POWL) ZACKSยท2024-08-06 14:06

Core Viewpoint - Powell Industries (POWL) has shown strong performance recently, with a notable return of +4.5% over the past month, contrasting with the S&P 500's decline of -6.7% and the Zacks Manufacturing - Electronics industry's loss of -8.8% [2] Earnings Estimate Revisions - For the current quarter, Powell Industries is projected to report earnings of $3.49 per share, reflecting a significant increase of +79% year-over-year, with the Zacks Consensus Estimate rising by +59.4% in the last 30 days [5] - The consensus earnings estimate for the current fiscal year stands at $12.01, indicating a year-over-year change of +191.5%, with a +32.9% increase in estimates over the past month [5] - For the next fiscal year, the consensus earnings estimate is $12.44, showing a +3.6% change from the previous year, with a +38.4% increase in estimates recently [6] Stock Rating - Powell Industries has received a Zacks Rank 1 (Strong Buy), indicating a strong potential for near-term price performance, driven by significant changes in earnings estimates [7] Revenue Growth - The consensus sales estimate for the current quarter is $276.7 million, representing a year-over-year increase of +32.6%. For the current and next fiscal years, the revenue estimates are $1.01 billion and $1.05 billion, indicating changes of +45% and +4%, respectively [9] Last Reported Results - In the last reported quarter, Powell Industries achieved revenues of $288.17 million, a year-over-year increase of +49.8%, with an EPS of $3.79 compared to $1.52 a year ago [10] - The company exceeded the Zacks Consensus Estimate for revenues by +32.57% and for EPS by +78.77%, consistently beating consensus estimates in the past four quarters [11] Valuation - Powell Industries is graded B on the Zacks Value Style Score, suggesting it is trading at a discount compared to its peers, which is an important factor in assessing its valuation [15]