Press coverage about Powell Industries (NASDAQ:POWL) has trended somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of 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 -1.86 on their scale. InfoTrie also assigned news articles about the industrial products company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
POWL has been the subject of a number of analyst reports. BidaskClub downgraded Powell Industries from a “sell” rating to a “strong sell” rating in a research report on Tuesday, March 5th. CJS Securities raised Powell Industries from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 9th.
POWL stock opened at $35.82 on Friday. The company has a market cap of $418.55 million, a P/E ratio of 603.83 and a beta of 1.54. Powell Industries has a fifty-two week low of $22.55 and a fifty-two week high of $41.42.
Powell Industries (NASDAQ:POWL) last posted its earnings results on Tuesday, May 7th. The industrial products company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.33. The firm had revenue of $123.70 million during the quarter, compared to analysts’ expectations of $100.15 million. Powell Industries had a return on equity of 0.24% and a net margin of 0.02%. The firm’s revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.29) earnings per share.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.90%. The ex-dividend date is Tuesday, May 21st.
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About Powell Industries
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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