Powell Industries, Inc (POWL): The Latest Casualty Of Increased Volatility?

Powell Industries, Inc (NASDAQ:POWL) does about 460.84K shares in volume on a normal day but saw 205519 shares change hands in the recent trading day. The company now has a market cap of 2.80B USD. Its current market price is $232.60, marking a decrease of -0.67% compared to the previous close of $234.18. The 52 week high reached by this stock is $364.98 whilst the lowest price level in 52 weeks is $76.29.

Powell Industries, Inc (POWL) has a 20-day trading average at $258.48 and the current price is -36.27% off the 52-week high compared with 204.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $275.73 and its 200-day simple moving average is $192.53. If we look at the stock’s price movements over the week, volatility stands at 6.66%, which decreases to 6.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 40.22 to suggest the stock is neutral.

The consensus objective for the share price is $247.73, suggesting that the stock has a potential upside of 6.11% over the period.

FactSet Research has provided data showing that 0 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is nan and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 11, 2024 when ROTH MKM initiated the stock to “Buy” and issued a price target of $312. Sidoti upgraded its price target at $26.

The current price level is -10.04%, -15.65%, and 20.81% away from its SMA20, SMA50, and SMA200 respectively, with the POWL price moving above the 50-day SMA on current market day. Powell Industries, Inc (POWL) stock is down -3.01% over the week and -19.28% over the past month. Its price is 164.71% year-to-date and 164.32% over the past year.

To reach the target analysts have set, the stock logically needs to grow 6.11 percent from here.

Outstanding shares total 11.99M with insiders holding 21.86% of the shares and institutional holders owning 93.52% of the company’s common stock. The company has a return on investment of 30.98% and return on equity of 36.19%. The price to earnings ratio (P/E ratio) amounts to 18.94 while the forward price to earnings ratio is 16.29. The beta has a value of 0.86. Price to book ratio is 5.77 and price to sales ratio is 2.76.