Zacks: Powell Industries, Inc. (POWL) Given Average Recommendation of “Strong Buy” by Brokerages
Powell Industries, Inc. (NASDAQ:POWL) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Zacks has also given Powell Industries an industry rank of 78 out of 255 based on the ratings given to its competitors.
Several equities research analysts recently weighed in on the company. BidaskClub downgraded Powell Industries from a “buy” rating to a “hold” rating in a report on Friday, July 20th. Sidoti raised Powell Industries from a “neutral” rating to a “buy” rating in a report on Friday, September 28th.
Shares of POWL stock traded up $0.14 during trading hours on Wednesday, reaching $30.66. The company’s stock had a trading volume of 85,138 shares, compared to its average volume of 43,831. Powell Industries has a fifty-two week low of $22.80 and a fifty-two week high of $41.42.
Powell Industries (NASDAQ:POWL) last issued its earnings results on Tuesday, August 7th. The industrial products company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.19. Powell Industries had a negative return on equity of 4.35% and a negative net margin of 3.38%. The firm had revenue of $122.13 million for the quarter.
Powell Industries Company Profile
Powell Industries, Inc, together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears.
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