Powell Industries, Inc (NASDAQ:POWL)’s traded shares stood at 0.87 million during the last session, with the company’s beta value hitting 0.77. At the close of trading, the stock’s price was $228.83, to imply a decrease of -6.54% or -$16.01 in intraday trading. The POWL share’s 52-week high remains $364.98, putting it -59.5% down since that peak but still an impressive 46.69% since price per share fell to its 52-week low of $122.00. The company has a valuation of $2.76B, with an average of 0.58 million shares in intraday trading volume over the past 10 days and average of 499.88K shares over the past 3 months.
Powell Industries, Inc (NASDAQ:POWL) trade information
After registering a -6.54% downside in the last session, Powell Industries, Inc (POWL) has traded red over the past five days. The 5-day price performance for the stock is -4.57%, and -3.50% over 30 days. With these gigs, the year-to-date price performance is 3.24%. Short interest in Powell Industries, Inc (NASDAQ:POWL) saw shorts transact 1.7 million shares and set a 4.64 days time to cover.
Powell Industries, Inc (POWL) estimates and forecasts
The rating firms project that company’s revenue will grow 9.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 277.33M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 295.12M.Earnings reports from the last fiscal year show that sales brought in 255.11M and 288.17M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.71% before jumping 2.41% in the following quarter.
POWL Dividends
Powell Industries, Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Powell Industries, Inc has a forward dividend ratio of 1.06, with the share yield ticking at 0.46% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.89%.
Powell Industries, Inc (NASDAQ:POWL)’s Major holders
Powell Industries, Inc insiders hold 21.86% of total outstanding shares, with institutional holders owning 93.52% of the shares at 119.69% float percentage. In total, 93.52% institutions holds shares in the company, led by TRANSFORM WEALTH, LLC. As of 2024-06-30, the company held over 1.67 million shares (or 13.9607% of shares), all amounting to roughly $240.07 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 1.41 million shares, or about 11.7387% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $201.86 million.
We also have iShares Core S&P Smallcap ETF and Pacer Small Cap U.S. Cash Cows 100 ETF as the top two Mutual Funds with the largest holdings of the Powell Industries, Inc (POWL) shares. Going by data provided on Nov 30, 2024 , iShares Core S&P Smallcap ETF holds roughly 604.9 shares. This is just over 5.02% of the total shares, with a market valuation of $138.42 million. Data from the same date shows that the other fund manager holds a little less at 380.42, or 3.15% of the shares, all valued at about 87.05 million.
