Market Update: Powell Industries, Inc (POWL) Sees Negative Movement, Closing at 317.23

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Powell Industries, Inc (NASDAQ: POWL) closed at $317.23 down -7.74% from its previous closing price of $343.86. In other words, the price has decreased by -$7.74 from its previous closing price. On the day, 0.46 million shares were traded. POWL stock price reached its highest trading level at $346.281 during the session, while it also had its lowest trading level at $316.07.

Ratios:

For a deeper understanding of Powell Industries, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On March 29, 2022, Sidoti Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $26.

Sidoti Downgraded its Buy to Neutral on August 11, 2020, while the target price for the stock was maintained at $31.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 08 ’24 when POWELL THOMAS W sold 5,000 shares for $347.74 per share. The transaction valued at 1,738,701 led to the insider holds 677,265 shares of the business.

POWELL THOMAS W sold 5,000 shares of POWL for $1,723,380 on Nov 08 ’24. The 10% Owner now owns 1,623,328 shares after completing the transaction at $344.68 per share. On Nov 07 ’24, another insider, POWELL THOMAS W, who serves as the 10% Owner of the company, bought 60,000 shares for $343.61 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, POWL now has a Market Capitalization of 3802889984 and an Enterprise Value of 3429765888. As of this moment, Powell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.68, and their Forward P/E ratio for the next fiscal year is 25.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.02 while its Price-to-Book (P/B) ratio in mrq is 8.71. Its current Enterprise Value per Revenue stands at 3.626 whereas that against EBITDA is 21.484.

Stock Price History:

Over the past 52 weeks, POWL has reached a high of $364.98, while it has fallen to a 52-week low of $75.05. The 50-Day Moving Average of the stock is 30.89%, while the 200-Day Moving Average is calculated to be 79.73%.

Shares Statistics:

For the past three months, POWL has traded an average of 396.54K shares per day and 436230 over the past ten days. A total of 11.86M shares are outstanding, with a floating share count of 9.34M. Insiders hold about 22.06% of the company’s shares, while institutions hold 97.03% stake in the company. Shares short for POWL as of 1730332800 were 1701331 with a Short Ratio of 4.29, compared to 1727654400 on 1556806. Therefore, it implies a Short% of Shares Outstanding of 1701331 and a Short% of Float of 21.68.

Dividends & Splits

According to the company, the forward annual dividend rate for POWL is 1.06, from 1.055 in the trailing year. Against a Trailing Annual Dividend Yield of 0.003068109The stock’s 5-year Average Dividend Yield is 2.89.

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