This summary was created by AI, based on 2 opinions in the last 12 months.
Powell Industries (POWL-Q) has experienced a remarkable 259% increase in value this year, making it a prime choice for acquiring critical electric infrastructure. The company manufactures electricity-related equipment primarily for oil and gas companies, but its expansion into new end-user markets, such as utilities, transportation, metal, mining, and data centers, has resulted in significant revenue and EPS growth. The street has consistently underestimated their performance, leading to a series of impressive quarterly results.
They've become the go-to to obtain critical electric infrastructure. It's a terrific data centre play. Is up 259% this year.
Has soared from $20 in late-September 2022 to $171 today. An industrial company that makes electricity-related equipment, geared to oil and gas companies (including pipelines and refineries), but they're growing because of new end-users in utilities, transportation, metal, mining and data centres. Big growth since last year, 31% revenue growth. EPS nearly quadrupled in 2023 as orders grew 94% and they saw a backlog of 118%. The street has been under-estimating them, so they have been beating their quarters huge.
Profitable and in the right sector, infrastructure.
Powell Industries is a American stock, trading under the symbol POWL-Q on the NASDAQ (POWL). It is usually referred to as NASDAQ:POWL or POWL-Q
In the last year, 3 stock analysts published opinions about POWL-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Powell Industries.
Powell Industries was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Powell Industries.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Powell Industries In the last year. It is a trending stock that is worth watching.
On 2024-11-25, Powell Industries (POWL-Q) stock closed at a price of $280.845.
Good-looking chart. Big picture shows an uptrend. Chart shows consolidation in early 2024 after its parabolic move. But again, it's now gone a little too high too fast. He believes it will take a break, and you can use that as a chance to buy if you like the company's prospects.