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Unlocking the Growth Potential of NASDAQ:POWL.

By Mill Chart

Last update: Mar 7, 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 2.0K% 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
  • POWELL INDUSTRIES INC has experienced 52.89% q2q revenue growth, indicating a significant sales increase.
  • 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 has a healthy Return on Equity(ROE) of 21.16%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • POWELL INDUSTRIES INC has achieved an impressive Relative Strength (RS) rating of 98.89, showcasing its ability to outperform the broader market. This strong performance positions POWELL INDUSTRIES INC as an attractive stock for potential price appreciation.
  • Maintaining a Debt-to-Equity ratio of 0.0, POWELL INDUSTRIES INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 68.79% of the total shares held by institutional investors, POWELL INDUSTRIES INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NASDAQ:POWL

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

We assign a technical rating of 10 out of 10 to POWL. Both in the recent history as in the last year, POWL has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that POWL is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, POWL also shows a nice and consistent pattern of rising prices.
  • POWL is part of the Electrical Equipment industry. There are 86 other stocks in this industry. POWL outperforms 98% 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.
  • In the last month POWL has a been trading in the 126.42 - 197.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Volume is considerably higher in the last couple of days.

For an up to date full technical analysis you can check the technical report of POWL

What else is there to say on the fundamentals of NASDAQ:POWL?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

POWL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 86 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making POWL a very profitable company, without any liquidiy or solvency issues. POWL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make POWL a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of POWL

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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POWELL INDUSTRIES INC

NASDAQ:POWL (6/12/2024, 7:00:00 PM)

After market: 174.99 +1.84 (+1.06%)

173.15

+8.53 (+5.18%)

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