With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on POWL shows that it touched its highest point at $364.98 and its lowest point at $122.00 during that stretch. It currently has a 1-year price target of $269.50. With its current market cap of 2.06 billion, POWL has annualized dividend of $1.06 while the current yield stands at 0.62%. Beta for the stock currently stands at 0.82.
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 -18.27%, but this was down by -41.38% over a month. Three-month performance dropped to -34.89% while six-month performance fell -4.25%. The stock gained 9.26% in the past year, while it has lost -23.09% so far this year. A look at the trailing 12-month EPS for POWL yields 13.17 with Next year EPS estimates of 14.80. For the next quarter, that number is 3.44. This implies an EPS growth rate of 13.89% for this year and 5.74% for next year.
Float and Shares Shorts:
At present, 12.06 million POWL shares are outstanding with a float of 9.43 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $12.07731 being high and $11.53955 being low. For POWL, this leads to a yearly average estimate of $11.78. Based on analyst estimates, the high estimate for the next quarter is $4.17 and the low estimate is $3.74. The average estimate for the next quarter is thus $3.9.
