Here's Why Powell Industries (POWL) Gained But Lagged the Market Today

Group 1: Stock Performance - Powell Industries (POWL) closed at $173.22, with a slight increase of +0.15% from the previous day, underperforming the S&P 500 which gained 1.81% [1] - Over the last month, POWL shares increased by 3.77%, outperforming the Industrial Products sector's decline of 11.25% and the S&P 500's loss of 6.14% [1] Group 2: Upcoming Financial Results - Powell Industries is projected to report earnings of $3.34 per share, reflecting a year-over-year growth of 21.45% [2] - The consensus estimate for revenue is $277.33 million, indicating an 8.71% increase from the same quarter last year [2] Group 3: Annual Forecast - For the entire year, Zacks Consensus Estimates forecast earnings of $13.71 per share and revenue of $1.11 billion, representing changes of +11.55% and +9.6% respectively compared to the previous year [3] Group 4: Analyst Estimates and Outlook - Recent modifications to analyst estimates for Powell Industries suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which evaluates these estimates, currently assigns Powell Industries a rank of 3 (Hold) [6] Group 5: Valuation Metrics - Powell Industries has a Forward P/E ratio of 12.62, which is lower than the industry average of 17.74, indicating it may be trading at a discount [7] - The company has a PEG ratio of 0.9, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.65 [8] Group 6: Industry Performance - The Manufacturing - Electronics industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 37, placing it in the top 15% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]