In last trading session, Powell Industries, Inc (NASDAQ:POWL) saw 0.32 million shares changing hands with its beta currently measuring 0.91. Company’s recent per share price level of $346.37 trading at $8.81 or 2.61% at ring of the bell on the day assigns it a market valuation of $4.15B. That closing price of POWL’s stock is at a discount of -1.19% from its 52-week high price of $350.48 and is indicating a premium of 78.33% from its 52-week low price of $75.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.4 million shares which gives us an average trading volume of 390.18K if we extend that period to 3-months.
Powell Industries, Inc (NASDAQ:POWL) trade information
Upright in the green during last session for gaining 2.61%, in the last five days POWL remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $346.37 price level, adding 1.81% to its value on the day. Powell Industries, Inc’s shares saw a change of 291.82% in year-to-date performance and have moved 24.00% in past 5-day. Powell Industries, Inc (NASDAQ:POWL) showed a performance of 40.21% in past 30-days. Number of shares sold short was 1.65 million shares which calculate 3.79 days to cover the short interests.
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Powell Industries, Inc (POWL) estimates and forecasts
Statistics highlight that Powell Industries, Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 105.89% of value to its shares in past 6 months, showing an annual growth rate of 191.50% while that of industry is 16.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 50.20% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 286.49M for the same. And 2 analysts are in estimates of company making revenue of 226.03M in the next quarter. Company posted 208.64M and 182.04M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 161.78% while estimates for its earnings growth in next 5 years are of 11.00%.
POWL Dividends
Powell Industries, Inc is more likely to be releasing its next quarterly report on 2024-Nov-19 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.31%, the share has a forward dividend of 1.06 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.89%.
Powell Industries, Inc (NASDAQ:POWL)’s Major holders
Insiders are in possession of 21.90% of company’s total shares while institution are holding 99.14 percent of that, with stock having share float percentage of 126.95%. Investors also watch the number of corporate investors in a company very closely, which is 99.14% institutions for Powell Industries, Inc that are currently holding shares of the company. TRANSFORM WEALTH, LLC is the top institutional holder at POWL for having 1.67 million shares of worth $240.07 million. And as of 2024-06-30, it was holding 13.9607 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 1.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.7387 of outstanding shares, having a total worth of $201.86 million.
