News stories about Powell Industries (NASDAQ:POWL) have trended somewhat positive on Thursday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Powell Industries earned a news sentiment score of 1.18 on their scale. InfoTrie also assigned news headlines about the industrial products company an news buzz score of 6 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Powell Industries’ analysis:
- Powell Industries (POWL) Getting Somewhat Favorable Media Coverage, Report Shows (americanbankingnews.com)
- Somewhat Critical News Coverage Very Unlikely to Impact Powell Industries (POWL) Share Price (americanbankingnews.com)
- Powell Industries, Inc. (POWL) CEO Brett Cope on Q1 2019 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of POWL earnings conference call or presentation 6-Feb-19 4:00pm GMT (finance.yahoo.com)
Separately, Sidoti lowered their price objective on shares of Powell Industries from $45.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, December 12th.
Powell Industries (NASDAQ:POWL) last released its earnings results on Tuesday, February 5th. The industrial products company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.22). Powell Industries had a negative return on equity of 1.19% and a negative net margin of 0.89%. The firm had revenue of $109.35 million for the quarter, compared to the consensus estimate of $108.20 million. During the same quarter in the previous year, the business posted ($0.49) EPS. Powell Industries’s revenue was up 21.3% on a year-over-year basis.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Wednesday, February 20th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, February 19th.
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Powell Industries Company Profile
Powell Industries, Inc, together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears.
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