Powell Industries (POWL) Getting Somewhat Positive Media Coverage, Accern Reports
Press coverage about Powell Industries (NASDAQ:POWL) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Powell Industries earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 46.093663500626 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Edited Transcript of POWL earnings conference call or presentation 9-Aug-17 3:00pm GMT (finance.yahoo.com)
- Powell Industries, Inc. Plans Quarterly Dividend of $0.26 (POWL) (americanbankingnews.com)
- Powell Industries Announces Fiscal 2017 Third Quarter Results (finance.yahoo.com)
- Powell Industries reports 3Q loss (finance.yahoo.com)
- Powell Industries, Inc. (POWL) Announces Quarterly Earnings Results, Misses Estimates By $0.22 EPS (americanbankingnews.com)
Powell Industries (POWL) traded down 1.96% on Friday, reaching $31.58. The company had a trading volume of 56,639 shares. The stock’s 50-day moving average is $32.56 and its 200-day moving average is $33.63. The company has a market capitalization of $360.90 million, a P/E ratio of 309.61 and a beta of 0.83. Powell Industries has a 52 week low of $30.49 and a 52 week high of $47.24.
Powell Industries (NASDAQ:POWL) last issued its quarterly earnings data on Tuesday, August 8th. The industrial products company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.22. The business had revenue of $85.90 million during the quarter, compared to the consensus estimate of $104.45 million. Powell Industries had a return on equity of 0.71% and a net margin of 0.27%. The business’s quarterly revenue was down 35.5% on a year-over-year basis. During the same period last year, the firm earned $0.47 EPS. Equities research analysts forecast that Powell Industries will post ($0.40) EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Wednesday, August 23rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Monday, August 21st. Powell Industries’s dividend payout ratio (DPR) is 1,040.10%.
Separately, BidaskClub raised Powell Industries from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 25th.
About Powell Industries
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.
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