Media stories about Powell Industries (NASDAQ:POWL) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Powell Industries earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.6631163475997 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Powell Industries (POWL) traded down 0.31% during trading on Friday, reaching $28.56. 56,122 shares of the company’s stock were exchanged. The stock has a market cap of $326.38 million, a PE ratio of 280.00 and a beta of 0.83. Powell Industries has a 12 month low of $26.76 and a 12 month high of $47.24. The firm has a 50 day moving average of $29.85 and a 200-day moving average of $32.30.
Powell Industries (NASDAQ:POWL) last issued its quarterly earnings results on Tuesday, August 8th. The industrial products company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.22). The business had revenue of $85.90 million for the quarter, compared to analysts’ expectations of $104.45 million. Powell Industries had a return on equity of 0.71% and a net margin of 0.27%. The business’s revenue for the quarter was down 35.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 EPS. On average, equities research analysts anticipate that Powell Industries will post ($0.52) earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Wednesday, August 23rd were given a dividend of $0.26 per share. The ex-dividend date was Monday, August 21st. This represents a $1.04 dividend on an annualized basis and a yield of 3.63%. Powell Industries’s dividend payout ratio is currently 1,040.10%.
Separately, BidaskClub lowered shares of Powell Industries from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd.
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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