News articles about Powell Industries (NASDAQ:POWL) have been trending neutral on Sunday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Powell Industries earned a media sentiment score of 0.21 on their scale. InfoTrie also assigned media coverage about the industrial products company an news buzz score of 3 out of 10, indicating that recent news coverage is unlikely to have an impact on the company’s share price in the next several days.

NASDAQ:POWL traded down $1.68 during trading hours on Friday, reaching $28.03. 29,098 shares of the company were exchanged, compared to its average volume of 35,138. Powell Industries has a 52-week low of $22.55 and a 52-week high of $41.42.

Powell Industries (NASDAQ:POWL) last released its quarterly earnings data on Tuesday, February 5th. The industrial products company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.22). The business had revenue of $109.35 million during the quarter, compared to analyst estimates of $108.20 million. Powell Industries had a negative return on equity of 1.19% and a negative net margin of 0.89%. Powell Industries’s revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the company earned ($0.49) EPS.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Wednesday, February 20th were given a $0.26 dividend. The ex-dividend date was Tuesday, February 19th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.71%.

Several research firms have commented on POWL. BidaskClub downgraded shares of Powell Industries from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 5th. Sidoti lowered their price target on shares of Powell Industries from $45.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, December 12th.

COPYRIGHT VIOLATION WARNING: “Neutral News Coverage Unlikely to Affect Powell Industries (POWL) Share Price” was reported by Daily Political and is the property of of Daily Political. If you are reading this story on another publication, it was stolen and republished in violation of international copyright legislation. The correct version of this story can be viewed at https://www.dailypolitical.com/2019/03/24/neutral-news-coverage-unlikely-to-affect-powell-industries-powl-share-price.html.

About Powell Industries

Powell Industries, Inc, together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears.

Read More: Cost of Equity For A Business, Investors

Insider Buying and Selling by Quarter for Powell Industries (NASDAQ:POWL)

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.