Powell Industries (POWL) Registers a Bigger Fall Than the Market: Important Facts to Note

Core Insights - Powell Industries (POWL) stock closed at $283.73, reflecting a -3.37% change from the previous day's closing price, which is less than the S&P 500's daily loss of 0.5% [1] - The company is expected to report an EPS of $3.76, indicating a 0.27% decrease from the same quarter last year, while revenue is forecasted to be $292.85 million, a 6.47% increase year-over-year [2] - For the entire fiscal year, earnings are projected at $14.39 per share and revenue at $1.1 billion, representing increases of +17.09% and +8.58% respectively from the previous year [3] Financial Metrics - Powell Industries has a Forward P/E ratio of 20.41, which is lower than the industry average of 22.65, and a PEG ratio of 1.46 compared to the industry average of 1.87 [6] - The Zacks Consensus EPS estimate has remained unchanged over the past month, and Powell Industries currently holds a Zacks Rank of 2 (Buy) [5] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 73, placing it in the top 30% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]