Powell Industries Stock Falls 19.8% in a Month: Should You Buy the Dip?

Powell Industries, Inc.’s (POWL) shares have lost 19.8% in the past month. Late last month, the company announced its cautious near-term outlook, with management acknowledging that its first-quarter fiscal 2025 (ending December 2024) will be seasonally slower.Despite the recent decline in its share price, Powell’s shares have skyrocketed 163.3% in the past year compared with the industry’s 14.5% growth. The broader Zacks Industrial Products sector and the S&P 500 have climbed 9.6% and 27.4%, respectively, i ...