Powell Industries (NASDAQ:POWL) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Tuesday.
Shares of Powell Industries (NASDAQ:POWL) opened at $29.00 on Tuesday. The stock has a market capitalization of $329.90, a PE ratio of -22.48 and a beta of 1.03. Powell Industries has a 12-month low of $22.80 and a 12-month high of $38.73.
Powell Industries (NASDAQ:POWL) last announced its quarterly earnings data on Tuesday, February 6th. The industrial products company reported ($0.49) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.33). The firm had revenue of $90.18 million for the quarter, compared to analysts’ expectations of $103.34 million. Powell Industries had a negative net margin of 3.95% and a negative return on equity of 4.35%. The business’s quarterly revenue was down 18.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.03) earnings per share.
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About Powell Industries
Powell Industries, Inc develops design, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy designed to distribute, control and monitor the flow of electrical energy, and provide protection to motors, transformers and other electrically powered equipment.
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