Alert: New Earnings Report (7/30/24)-Powell Industries Inc (NASDAQ: POWL).

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For its third fiscal quarter (ending June 30), Powell Industries Inc (NASDAQ: POWL) has reported E.P.S. of $3.85 compared to $1.55 a year ago. For the latest four quarters through June 30, E.P.S. were $10.89 versus $3.11 for the same period a year ago.

Recent Price Action

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Powell Industries Inc (NASDAQ: POWL) stock declined by -3.2% on 7/30/24. The shares closed at $133.25. Moreover, trading volume in this decline was above average at 146% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.2% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Powell Industries has a slightly negative Appreciation Score of 39 but a very high Power Rating of 99, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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