Powell Industries, Inc (POWL) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.41 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $297.0699 whereas the lowest price it dropped to was $285.0. The 52-week range on POWL shows that it touched its highest point at $364.98 and its lowest point at $75.05 during that stretch. It currently has a 1-year price target of $194.60. With its current market cap of 3.21 billion, POWL has annualized dividend of $0.80 while the current yield stands at 0.28%. POWL paid its most recent dividend on 1723593600, while the ex-dividend date for that was 1732060800. Beta for the stock currently stands at 0.86.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of POWL was down-trending over the past week, with a drop of -17.98%, but this was up by 6.52% over a month. Three-month performance surged to 66.62% while six-month performance rose 75.00%. The stock gained 251.72% in the past year, while it has gained 226.93% so far this year. A look at the trailing 12-month EPS for POWL yields 10.69 with Next year EPS estimates of 12.36. For the next quarter, that number is 3.55. This implies an EPS growth rate of 161.78% for this year and 4.90% for next year.

Float and Shares Shorts:

At present, 11.86 million POWL shares are outstanding with a float of 9.35 million shares on hand for trading. On 2024-10-31, short shares totaled 1.7 million, which was 1419.0 higher than short shares on 1727654400. In addition to Mr. Brett A. Cope as the firm’s Chairman of the Board, President & CEO, Mr. Michael W. Metcalf serves as its Executive VP, CFO, Secretary & Principal Accounting Officer.

Institutional Ownership:

Through their ownership of 0.93447995 of POWL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, POWL reported revenue of $288168000.0 and operating income of $57288000.0. The EBITDA in the recently reported quarter was $58997000.0 and diluted EPS was $3.79.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for POWL since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With POWL analysts setting a high price target of 208.2 and a low target of 181.0, the average target price over the next 12 months is 194.6. Based on these targets, POWL could drop -27.96% to reach the target high and fall by -37.37% to reach the target low. Reaching the average price target will result in a decline of -32.67% from current levels.

Analysts have provided yearly estimates in a range of $12.17453 being high and $11.36437 being low. For POWL, this leads to a yearly average estimate of $11.78. The surprise factor in the prior quarter was $1.77. Based on analyst estimates, the high estimate for the next quarter is $2.7 and the low estimate is $2.09. The average estimate for the next quarter is thus $2.39.