Powell Industries, Inc (NASDAQ: POWL) is 225.78% higher on its value in year-to-date trading and has touched a low of $75.05 and a high of $364.98 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 $261.82 in the last trading session, with the day’s gains setting it 26.17%.
Currently trading at $287.99, the stock is -2.42% and 11.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 10.00% at the moment leaves the stock 58.72% off its SMA200. POWL registered 246.02% gain for a year compared to 6-month gain of 55.90%. The firm has a 50-day simple moving average (SMA 50) of $255.731 and a 200-day simple moving average (SMA200) of $180.6613.
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The stock witnessed a 12.86% loss in the last 1 month and extending the period to 3 months gives it a 49.39%, and is -4.17% 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 9.49% over the week and 6.97% over the month.
Powell Industries, Inc (POWL) has around 3187 employees, a market worth around $3.45B and $1.01B in sales. Current P/E ratio is 23.44 and Fwd P/E is 20.22. Profit margin for the company is 14.80%. Distance from 52-week low is 283.73% and -21.09% from its 52-week high. The company has generated returns on investments over the last 12 months (30.98%).
The EPS is expected to grow by 6.71% this year
433.0 institutions hold shares in Powell Industries, Inc (POWL), with institutional investors hold 119.69% of the company’s shares. The shares outstanding are 11.99M, and float is at 9.35M with Short Float at 18.20%. Institutions hold 93.52% 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
The most recent transaction is an insider sale by POWELL THOMAS W, the company’s 10% Owner. SEC filings show that POWELL THOMAS W sold 5,000 shares of the company’s common stock on Nov 08 ’24 at a price of $347.74 per share for a total of $1.74 million. Following the sale, the insider now owns 0.68 million shares.
Powell Industries, Inc disclosed in a document filed with the SEC on Nov 08 ’24 that POWELL THOMAS W (10% Owner) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $344.68 per share for $1.72 million. Following the transaction, the insider now directly holds 1.62 million shares of the POWL stock.
Still, SEC filings show that on Nov 07 ’24, POWELL THOMAS W (10% Owner) Proposed Sale 60,000 shares at an average price of $343.61 for $20.62 million. The insider now directly holds shares of Powell Industries, Inc (POWL).