Powell Industries Inc (NASDAQ: POWL) stock enjoyed a major increase of 18.9% on 5/1/24. The shares closed at $170.01. Moreover, this advance was accompanied by exceptionally high trading volume at 290% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.6% 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 23 but a very high Power Rating of 100, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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