Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Powell Industries, Inc. before investing.

In this article, we go over a few key elements for understanding Powell Industries, Inc.’s stock price such as:

• Powell Industries, Inc.’s current stock price and volume
• Why Powell Industries, Inc.’s stock price changed recently
• Upgrades and downgrades for POWL from analysts
• POWL’s stock price momentum as measured by its relative strength

About Powell Industries, Inc. (POWL)

Before we jump into Powell Industries, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. Its principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other industrial markets.

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Powell Industries, Inc.’s Stock Price as of Market Close

As of June 04, 2024, 4:00 PM, CST, Powell Industries, Inc.’s stock price was $157.11.

Powell Industries, Inc. is down 8.31% from its previous closing price of $171.34.

During the last market session, Powell Industries, Inc.’s stock traded between $163.84 and $183.05. Currently, there are 11.99 million shares of Powell Industries, Inc. stock available for purchase.

Powell Industries, Inc.’s price-earnings (P/E) ratio is currently at 20.4, which is low compared to the Electrical Components & Equipment industry median of 24.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Powell Industries, Inc. Stock Price History

Powell Industries, Inc.’s (POWL) price is currently down 12.65% so far this month.

During the month of June, Powell Industries, Inc.’s stock price has reached a high of $183.05 and a low of $153.02.

Over the last year, Powell Industries, Inc. has hit prices as high as $209.14 and as low as $56.05. Year to date, Powell Industries, Inc.’s stock is up 346.59%.

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What Caused Powell Industries, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 03, 2024, there were 0 analysts who downgraded Powell Industries, Inc.’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Powell Industries, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Powell Industries, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Powell Industries, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Powell Industries, Inc. (POWL) by visiting AAII Stock Evaluator.

Relative Price Strength of Powell Industries, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 03, 2024, Powell Industries, Inc. has a weighted four-quarter relative price strength of 20.85%, which translates to a Momentum Score of 93 and is considered to be Very Strong.

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Powell Industries, Inc. Stock Price: Bottom Line

As of June 4, 2024, Powell Industries, Inc.’s stock price is $157.11, which is down 8.31% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Powell Industries, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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