Powell Industries (POWL) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Powell Industries (POWL) closed at $290.80, with a slight increase of +0.12% compared to the previous day, outperforming the S&P 500, which fell by 0.29% [1] - Over the past month, shares of Powell Industries have increased by 25.58%, significantly outperforming the Industrial Products sector's gain of 5.98% and the S&P 500's gain of 2.52% [1] Upcoming Earnings - The earnings report for Powell Industries is anticipated on February 6, 2025, with expected earnings of$ 2.83 per share, indicating a year-over-year growth of 42.93% [2] - Revenue is projected to be $244.17 million, reflecting a 25.85% increase compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at$ 13.70 per share and revenue at $1.11 billion, representing increases of +11.47% and +9.33% respectively from the prior year [3] - Recent analyst estimate revisions suggest a positive outlook for Powell Industries, indicating optimism about the company's business trends [3] Valuation Metrics - Powell Industries is currently trading at a Forward P/E ratio of 21.21, which is lower than the industry average of 22.73 [6] - The company has a PEG ratio of 1.51, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.94, suggesting a favorable valuation relative to expected earnings growth [6] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 141, placing it in the bottom 44% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [7]