Powell Industries Inc (NASDAQ: POWL) stock suffered a major decline of -12.7% on 5/31/24. The shares closed at $179.86. Moreover, trading volume in this decline was unusually high at 170% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.6% 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 poor Appreciation Score of 25 but a very high Power Rating of 100, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment