Powell Industries Inc (NASDAQ: POWL) stock enjoyed a major increase of 37.8% on 7/31/24. The shares closed at $183.63. Moreover, this advance was accompanied by exceptionally high trading volume at 441% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 30.2% 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 poor Appreciation Score of 28 but a very high Power Rating of 99, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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