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New Big Money Means Powell Industries, Inc. (POWL) Investors Could Reap Benefit

Powell Industries, Inc. (NASDAQ: POWL) is 86.28% higher on its value in year-to-date trading and has touched a low of $72.51 and a high of $209.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The POWL stock was last observed hovering at around $183.00 in the last trading session, with the day’s loss setting it -18.33%.

Currently trading at $164.67, the stock is -2.61% and 7.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -10.02% at the moment leaves the stock 21.83% off its SMA200. POWL registered 95.62% gain for a year compared to 6-month loss of -6.25%.

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The stock witnessed a 23.58% gain in the last 1 month and extending the period to 3 months gives it a -19.52%, and is -5.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.94% over the week and 7.08% over the month.

Powell Industries, Inc. (POWL) has around 2725 employees, a market worth around $1.97B and $945.93M in sales. Current P/E ratio is 15.41 and Fwd P/E is 13.23. Profit margin for the company is 13.77%. Distance from 52-week low is 127.10% and -21.26% from its 52-week high. The company has generated returns on investments over the last 12 months (29.79%).

The EPS is expected to grow by 168.11% this year

361.0 institutions hold shares in Powell Industries, Inc. (POWL), with institutional investors hold 128.19% of the company’s shares. The shares outstanding are 11.86M, and float is at 9.26M with Short Float at 17.90%. Institutions hold 98.74% of the Float.

The top institutional shareholder in the company is TRANSFORM WEALTH, LLC with over 1.67 million shares valued at $240.07 million. The investor’s holdings represent 13.9607 of the POWL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.41 million shares valued at $201.86 million to account for 11.7387 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.65 million shares representing 5.4036 and valued at over $92.92 million, while DIMENSIONAL FUND ADVISORS LP holds 5.4022 of the shares totaling 0.65 million with a market value of $92.9 million.

Powell Industries, Inc. (POWL) Insider Activity

Powell Industries, Inc. disclosed in a document filed with the SEC on Aug 16 ’24 that METCALF MICHAEL WILLIAM (Exec Vice President) sold a total of 4,300 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $165.55 per share for $0.71 million. Following the transaction, the insider now directly holds 33100.0 shares of the POWL stock.

Still, SEC filings show that on Aug 15 ’24, Mauney William Marshall Jr (Vice President, R&D) disposed off 150 shares at an average price of $163.76 for $24564.0. The insider now directly holds 7,190 shares of Powell Industries, Inc. (POWL).

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