Stock Rating Downgrade
In recent days the Value Trend Rating for Powell Industries Inc (NASDAQ: POWL) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/19/24, Powell Industries Inc (NASDAQ: POWL) stock increased 1.7%, closing at $130.34. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Powell Industries has a poor Appreciation Score of 25 but a very high Power Rating of 99, resulting in the High Neutral Value Trend Rating.
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