Powell Industries Inc (NASDAQ: POWL) stock suffered a major decline of -10.1% on 3/5/24. The shares closed at $166.16. Moreover, exceptionally high trading volume at 218% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
POWL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Powell Industries has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Powell Industries has a poor Appreciation Score of 17 but a very high Power Rating of 100, and the High Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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