Powell Industries Inc (NASDAQ: POWL) has reported earnings for its second fiscal quarter (ending March 31) of $2.79 versus $0.71 for the same period a year ago — an increase of 293%. This result exceeded the consensus estimate of $1.82 by $0.97. For the latest four quarters through March 31, E.P.S. were $8.58 versus $2.32 for the same period a year ago — an increase of 270%.
Recent Price Action
Powell Industries Inc (NASDAQ: POWL) stock declined by -4.5% on 4/30/24. The shares closed at $143.00. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.0% during the last week.
Current PriceTarget Research Rating
POWL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
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 23 but a very high Power Rating of 99, and the High Neutral Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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