Powell Industries (POWL) Advances While Market Declines: Some Information for Investors

Stock Performance - Powell Industries (POWL) closed at $231 16, reflecting a +0 78% increase from the previous trading day [1] - The stock outperformed the S&P 500, which lost 1 54%, the Dow, which dropped 1 63%, and the Nasdaq, which decreased by 1 63% [1] - Over the past month, Powell Industries shares lost 10 31%, while the Industrial Products sector lost 8 55% and the S&P 500 lost 2 2% [2] Earnings and Revenue Forecast - The company is forecasted to report an EPS of$ 2 83, a 42 93% increase from the same quarter last year [3] - Quarterly revenue is expected to be $244 17 million, up 25 85% year-over-year [3] - For the entire fiscal year, earnings are projected at$ 13 70 per share, a +11 47% change, and revenue at $1 11 billion, a +9 33% change from the prior year [4] Analyst Projections and Valuation - Positive estimate revisions by analysts are seen as a good sign for the company's business outlook [5] - The Zacks Rank system, which rates stocks from 1 (Strong Buy) to 5 (Strong Sell), currently rates Powell Industries as 1 (Strong Buy) [7] - Powell Industries has a Forward P/E ratio of 16 75, below the industry average of 21 17 [8] - The company's PEG ratio is 1 2, compared to the industry average of 1 84 [8] Industry Overview - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 36, placing it in the top 15% of all industries [9] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]