Powell Industries, Inc. (POWL) Receives Average Rating of “Hold” from Analysts
Powell Industries, Inc. (NASDAQ:POWL) has been given an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Zacks has also assigned Powell Industries an industry rank of 116 out of 265 based on the ratings given to related companies.
Separately, BidaskClub raised Powell Industries from a “strong sell” rating to a “sell” rating in a research report on Tuesday.
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A number of large investors have recently modified their holdings of the company. US Bancorp DE raised its position in shares of Powell Industries by 0.3% in the first quarter. US Bancorp DE now owns 8,067 shares of the industrial products company’s stock worth $278,000 after buying an additional 28 shares during the period. AMG National Trust Bank raised its position in shares of Powell Industries by 12.1% in the first quarter. AMG National Trust Bank now owns 15,719 shares of the industrial products company’s stock worth $541,000 after buying an additional 1,701 shares during the period. Heartland Advisors Inc. acquired a new position in shares of Powell Industries during the first quarter worth approximately $5,333,000. Great West Life Assurance Co. Can raised its position in shares of Powell Industries by 13.7% in the first quarter. Great West Life Assurance Co. Can now owns 12,806 shares of the industrial products company’s stock worth $440,000 after buying an additional 1,545 shares during the period. Finally, Strs Ohio raised its position in shares of Powell Industries by 12.6% in the first quarter. Strs Ohio now owns 19,600 shares of the industrial products company’s stock worth $675,000 after buying an additional 2,200 shares during the period. 64.09% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Powell Industries (NASDAQ POWL) traded down 2.22% during trading on Wednesday, hitting $32.66. 7,369 shares of the stock were exchanged. The firm has a 50 day moving average of $32.66 and a 200-day moving average of $34.19. The company has a market cap of $373.24 million, a price-to-earnings ratio of 40.32 and a beta of 0.83. Powell Industries has a 12-month low of $30.49 and a 12-month high of $47.24.
Powell Industries (NASDAQ:POWL) last announced its quarterly earnings data on Tuesday, May 2nd. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.16. Powell Industries had a return on equity of 3.31% and a net margin of 1.94%. The firm had revenue of $104.68 million for the quarter. On average, analysts forecast that Powell Industries will post ($0.26) earnings per share for the current year.
About Powell Industries
Powell Industries, Inc develops design, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy designed to distribute, control and monitor the flow of electrical energy, and provide protection to motors, transformers and other electrically powered equipment.
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