Somewhat Negative News Coverage Somewhat Unlikely to Impact Powell Industries (POWL) Stock Price

Press coverage about Powell Industries (NASDAQ:POWL) has trended somewhat negative on Thursday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Powell Industries earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 47.1890006274255 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Separately, BidaskClub upgraded shares of Powell Industries from a “sell” rating to a “hold” rating in a report on Tuesday.

Powell Industries (NASDAQ:POWL) opened at $32.20 on Thursday. The company has a market cap of $360.82, a PE ratio of -38.80 and a beta of 0.85. Powell Industries has a fifty-two week low of $22.80 and a fifty-two week high of $40.20.

Powell Industries (NASDAQ:POWL) last announced its earnings results on Tuesday, December 5th. The industrial products company reported ($0.42) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.23). The firm had revenue of $95.00 million during the quarter, compared to the consensus estimate of $87.96 million. Powell Industries had a negative return on equity of 2.65% and a negative net margin of 2.40%. The business’s revenue for the quarter was down 26.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share.

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Powell Industries Company Profile

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.

Insider Buying and Selling by Quarter for Powell Industries (NASDAQ:POWL)

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