Powell Industries, Inc (NASDAQ:POWL) has a beta value of 0.77 and has seen 0.25 million shares traded in the last trading session. The company, currently valued at $2.57B, closed the last trade at $213.38 per share which meant it lost -$0.87 on the day or -0.41% during that session. The POWL stock price is -71.05% off its 52-week high price of $364.98 and 42.83% above the 52-week low of $122.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.55 million shares traded. The 3-month trading volume is 518.72K shares.
Powell Industries, Inc (NASDAQ:POWL) trade information
Sporting -0.41% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the POWL stock price touched $213.38 or saw a rise of 10.72%. Year-to-date, Powell Industries, Inc shares have moved -3.73%, while the 5-day performance has seen it change -6.75%. Over the past 30 days, the shares of Powell Industries, Inc (NASDAQ:POWL) have changed -14.39%. Short interest in the company has seen 1.45 million shares shorted with days to cover at 3.0.
Powell Industries, Inc (POWL) estimates and forecasts
The company’s shares have gained 36.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 12.66%.
3 analysts offering their estimates for the company have set an average revenue estimate of 282.68M for the current quarter. 3 have an estimated revenue figure of 307.21M for the next ending quarter. Year-ago sales stood 255.11M and 288.17M respectively for this quarter and the next, and analysts expect sales will grow by 10.81% for the current quarter and 12.66% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 70.63% over the past 5 years.
POWL Dividends
Powell Industries, Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.80 at a share yield of 0.37%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.79%.
Powell Industries, Inc (NASDAQ:POWL)’s Major holders
Insiders own 22.66% of the company shares, while shares held by institutions stand at 90.85% with a share float percentage of 117.47%. Investors are also buoyed by the number of investors in a company, with Powell Industries, Inc having a total of 462.0 institutions that hold shares in the company. The top two institutional holders are TRANSFORM WEALTH, LLC with over 1.67 million shares worth more than $240.07 million. As of 2024-06-30, TRANSFORM WEALTH, LLC held 13.9607% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 1.41 million shares as of 2024-06-30. The firm’s total holdings are worth over $201.86 million and represent 11.7387% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Pacer Small Cap U.S. Cash Cows 100 ETF. As of Nov 30, 2024, the former fund manager holds about 5.01% shares in the company for having 604.9 shares of worth $129.07 million while later fund manager owns 380.42 shares of worth $81.17 million as of Oct 31, 2024, which makes it owner of about 3.15% of company’s outstanding stock.
