Alert: Major Price Decline (8/28/24)-Powell Industries Inc (NASDAQ: POWL).

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Powell Industries Inc (NASDAQ: POWL) stock closed at $164.67 on 8/28/24 after a major decline of -10.0%. Moreover, exceptionally high trading volume at 209% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.1% during the last week.

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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 A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Powell Industries has a neutral Appreciation Score of 47 but a very high Power Rating of 100, and the Highest Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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