Powell Industries (POWL) Receiving Somewhat Favorable News Coverage, Study Shows
Headlines about Powell Industries (NASDAQ:POWL) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Powell Industries earned a news impact score of 0.04 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.5858632544843 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Powell Industries (POWL) opened at $30.76 on Friday. The firm has a market cap of $351.54, a P/E ratio of -37.06 and a beta of 0.85. Powell Industries has a 1-year low of $22.80 and a 1-year high of $40.24.
Powell Industries (NASDAQ:POWL) last issued its earnings results on Tuesday, December 5th. The industrial products company reported ($0.42) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.23). The business had revenue of $95.00 million for the quarter, compared to the consensus estimate of $87.96 million. Powell Industries had a negative return on equity of 2.65% and a negative net margin of 2.40%. The company’s quarterly revenue was down 26.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.54 earnings per share.
Powell Industries Company Profile
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.
Receive News & Ratings for Powell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powell Industries and related companies with MarketBeat.com's FREE daily email newsletter.