News Image

Delving into NASDAQ:POWL's Growth Prospects.

By Mill Chart

Last update: Jan 24, 2024

In this article we will dive into POWELL INDUSTRIES INC (NASDAQ:POWL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed POWELL INDUSTRIES INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:POWL may be interesting for canslim investors.

  • The quarterly earnings of POWELL INDUSTRIES INC have shown a 167.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • The recent q2q revenue growth of 28.24% of POWELL INDUSTRIES INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • POWELL INDUSTRIES INC has experienced 44.68% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • POWELL INDUSTRIES INC exhibits a strong Return on Equity (ROE) of 15.84%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • POWELL INDUSTRIES INC has achieved an impressive Relative Strength (RS) rating of 94.95, showcasing its ability to outperform the broader market. This strong performance positions POWELL INDUSTRIES INC as an attractive stock for potential price appreciation.
  • With a Debt-to-Equity ratio at 0.0, POWELL INDUSTRIES INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
  • POWELL INDUSTRIES INC demonstrates a balanced ownership structure, with institutional shareholders at 67.58%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Insights from Technical Analysis

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Taking everything into account, POWL scores 4 out of 10 in our technical rating. POWL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

  • Looking at the yearly performance, POWL did better than 94% of all other stocks. We also observe that the gains produced by POWL over the past year are nicely spread over this period.
  • POWL is part of the Electrical Equipment industry. There are 88 other stocks in this industry. POWL outperforms 95% of them.
  • POWL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so POWL is lagging the market slightly.
  • The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Our latest full technical report of POWL contains the most current technical analsysis.

Fundamental analysis of NASDAQ:POWL

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to POWL. POWL was compared to 88 industry peers in the Electrical Equipment industry. POWL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. POWL is not valued too expensively and it also shows a decent growth rate. These ratings would make POWL suitable for quality investing!

Check the latest full fundamental report of POWL for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

Back

POWELL INDUSTRIES INC

NASDAQ:POWL (4/26/2024, 7:10:51 PM)

After market: 148.82 0 (0%)

148.82

+2.51 (+1.72%)

POWL News

News Image10 days ago - ChartmillHigh growth, ROE and relative strength for NASDAQ:POWL, growth investors may appreciate this.

Is POWELL INDUSTRIES INC (NASDAQ:POWL) suited for growth investing?

News Image12 days ago - ChartmillWhy NASDAQ:POWL qualifies as a high growth stock.

Is POWELL INDUSTRIES INC (NASDAQ:POWL) suited for growth investing?

News Image13 days ago - Powell Industries, Inc.Powell Industries Announces Date and Conference Call for Fiscal 2024 Second Quarter Results

POWELL INDUSTRIES ANNOUNCES DATE AND CONFERENCE CALL FOR FISCAL 2024 SECOND QUARTER RESULTS...

News Imagea month ago - InvestorPlacePower Up: 3 Stocks to Ride the Massive Wave of Electricity Demand

With electric consumption poised to surge tremendously in parts of America, here are three stocks to buy to benefit from electricity demand.

News Imagea month ago - InvestorPlace3 Turbocharged Stocks to Buy for the Next S&P 500 All-Time High

The broad market index keeps hitting new highs and these three stocks to buy should grow right along with it.

News Image2 months ago - Investor's Business DailyGates Industrial Stock Hits 80-Plus Relative Strength Rating Benchmark

Gates Industrial stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 79 to 83.

News Image2 months ago - Market News VideoYieldBoost Powell Industries From 0.6% To 18.2% Using Options
News Image2 months ago - InvestorPlace3 Supercharged Stocks to Buy Before the Next S&P 500 All-Time High

A broad-based group of stocks is leading the index to new record highs and these three stocks to buy seem unstoppable.

News Image2 months ago - InvestorPlace3 High-Momentum Stocks to Add to Your Watchlist

These are a few high-momentum stocks that keep attracting investors. And offer strong growth potential in the future.

News Image3 months ago - InvestorPlaceAfter CAT’s Roar: The 3 Best Infrastructure Stocks to Buy Now

CAT's results shows that infrastructure firms are benefiting from DC's high spending. Here are the three  best infrastructure stocks to buy.  

POWL Links
Follow us for more