Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Powell Industries Inc (NASDAQ: POWL) improved during the last several trading days. POWL’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Powell Industries Inc (NASDAQ: POWL) stock declined slightly by -0.4% on 5/3/24. The stock closed at $159.95. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.3% during the last week.
Current PriceTarget Research Rating
POWL’s future returns on capital are forecasted to exceed 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 B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Powell Industries has a poor Appreciation Score of 28 but a very high Power Rating of 100, producing the Positive Value Trend Rating.
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