Profile
Sector:
IndustrialsIndustry:
Electrical Equipment & PartsCountry:
United StatesIPO:
17 March 1980Website:
http://www.powellind.comNext earnings report:
N/ALast dividends:
14 August 2024Next dividends:
20 November 2024Price
after hours | Thu, 21 Nov 2024 00:59:28 GMTAnalysts recommendations
Institutional Ownership
POWL Latest News
POWL's fourth-quarter fiscal 2024 revenues increase 32% year over year, driven by growth across petrochemical, oil & gas and commercial & other industrial sectors.
Powell Industries' strong balance sheet and reasonable valuation are overshadowed by stagnant backlog and decelerating revenue growth, leading to a neutral rating. Despite solid momentum in emerging sectors, fiscal Q1 2025 revenue growth is expected to decelerate significantly, raising investor concerns. Operating profit margins have improved, but substantial cash flow will be allocated to capital projects, limiting shareholder returns.
Powell Industries (POWL) came out with quarterly earnings of $3.77 per share, beating the Zacks Consensus Estimate of $3.49 per share. This compares to earnings of $1.95 per share a year ago.
HOUSTON, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the fourth quarter and full year fiscal 2024 ended September 30, 2024. All comparisons are to the comparable periods of fiscal 2023, unless otherwise noted.
As POWL gears up to report fiscal fourth-quarter earnings, let us find out how the expectations stack up and whether it is the right time to buy the stock.
Powell Industries (POWL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The latest trading day saw Powell Industries (POWL) settling at $352.37, representing a +1.73% change from its previous close.
Powell Industries has experienced a 1,250% stock increase over the last 24 months due to strong demand for power distribution systems. POWL's financials show significant progress in sales, EPS, and margins, as the company has transformed from a breakeven outfit to a profitable mid-size firm. The company's valuation at 17x EV/EBITDA is reasonable, supported by energy & utility Capex, alongside a robust cash position with zero debt.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal fourth quarter and year ended September 30, 2024 on Tuesday, November 19, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, November 20, 2024 at 11:00 a.m. eastern time.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on December 18, 2024 to shareholders of record at the close of business on November 20, 2024.
What type of business is Powell Industries?
Powell Industries Inc is an American company that designs, engineers, manufactures, and services custom equipment and systems for the distribution, control, and monitoring of electrical energy. The company's main products include power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant switchgear, and control devices, among others. These products are used in oil and gas refining, offshore oil and gas production, petrochemicals, pipelines, terminals, mining and metallurgical industries, light rail traction systems, power generation, pulp and paper industry, and other heavy industrial markets. Powell Industries, Inc. was founded in 1947 and its headquarters are located in Houston, Texas.
What sector is Powell Industries in?
Powell Industries is in the Industrials sector
What industry is Powell Industries in?
Powell Industries is in the Electrical Equipment & Parts industry
What country is Powell Industries from?
Powell Industries is headquartered in United States
When did Powell Industries go public?
Powell Industries initial public offering (IPO) was on 17 March 1980
What is Powell Industries website?
https://www.powellind.com
Is Powell Industries in the S&P 500?
No, Powell Industries is not included in the S&P 500 index
Is Powell Industries in the NASDAQ 100?
No, Powell Industries is not included in the NASDAQ 100 index
Is Powell Industries in the Dow Jones?
No, Powell Industries is not included in the Dow Jones index
When was Powell Industries the previous earnings report?
No data
When does Powell Industries earnings report?
Next earnings report date is not announced yet