News stories about Powell Industries (NASDAQ:POWL) have been trending somewhat negative on Friday, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Powell Industries earned a news impact score of -1.54 on their scale. InfoTrie also gave news coverage about the industrial products company an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
Shares of POWL stock traded up $0.37 during mid-day trading on Friday, reaching $36.60. 453 shares of the company were exchanged, compared to its average volume of 43,217. Powell Industries has a fifty-two week low of $22.55 and a fifty-two week high of $41.42. The company has a market capitalization of $418.66 million, a P/E ratio of 604.00 and a beta of 1.24. The company has a 50 day moving average price of $36.55.
Powell Industries (NASDAQ:POWL) last released its quarterly earnings results on Tuesday, May 7th. The industrial products company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.33. Powell Industries had a net margin of 0.02% and a return on equity of 0.24%. The business had revenue of $123.70 million during the quarter, compared to the consensus estimate of $100.15 million. During the same quarter last year, the company earned ($0.29) earnings per share. The business’s quarterly revenue was up 21.9% compared to the same quarter last year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Wednesday, May 22nd were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date was Tuesday, May 21st.
Several analysts have issued reports on the stock. BidaskClub raised shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. CJS Securities raised shares of Powell Industries from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 9th.
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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