Powell Industries (NASDAQ:POWL) Earns Daily News Sentiment Score of -1.09

Headlines about Powell Industries (NASDAQ:POWL) have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Powell Industries earned a media sentiment score of -1.09 on their scale. InfoTrie also gave media headlines about the industrial products company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near future.

Several analysts recently issued reports on the company. BidaskClub upgraded Powell Industries from a “sell” rating to a “hold” rating in a report on Friday, May 17th. CJS Securities raised Powell Industries from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 9th.

NASDAQ:POWL traded up $0.69 during trading hours on Friday, reaching $38.00. 154,981 shares of the company were exchanged, compared to its average volume of 40,306. The firm has a market capitalization of $438.90 million, a P/E ratio of 621.83 and a beta of 1.22. Powell Industries has a 1-year low of $22.55 and a 1-year high of $41.42. The firm has a 50 day moving average of $36.20.

Powell Industries (NASDAQ:POWL) last released its earnings results on Tuesday, May 7th. The industrial products company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.33. Powell Industries had a return on equity of 0.24% and a net margin of 0.02%. The firm had revenue of $123.70 million during the quarter, compared to analysts’ expectations of $100.15 million. During the same period in the prior year, the company earned ($0.29) earnings per share. The company’s quarterly revenue was up 21.9% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Shareholders of record on Wednesday, May 22nd were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.74%. The ex-dividend date was Tuesday, May 21st.

About Powell Industries

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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