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. Its products have application in voltages ranging from 480 volts to 38,000 volts; and are used in oil and gas refining, offshore oil and gas production, petrochemical, liquid natural gas terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper, and other heavy industrial markets. It also provides value-added services, such as spare parts, field service inspection, installation, commissioning, modification and repair, retrofit and retrofill components for existing systems, and replacement circuit breakers for switchgear. The company has operations in the United States, Canada, the Middle East, Africa, the Far East, Europe, Mexico, and Central and South America. Powell Industries, Inc. was founded in 1947 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NASDAQ
Website: powellind.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/10/2022 | Buy → Neutral | Sidoti | |
| 3/29/2022 | $26.00 | Neutral → Buy | Sidoti |
HOUSTON, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the fourth quarter and full year fiscal 2024 ended September 30, 2024. All comparisons are to the comparable periods of fiscal 2023, unless otherwise noted. Fourth Quarter Key Financial Highlights: Revenues totaled $275 million, an increase of 32%;Gross profit of $80 million, or 29.2% of revenue;Net income of $46 million, or $3.77 per diluted share, increased 74%;New orders(1) totaled $267 million;Backlog(2) as of September 30, 2024 remained at $1.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal fourth quarter and year ended September 30, 2024 on Tuesday, November 19, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, November 20, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q4 & FY Earnings Conference CallWhen:Wednesday, November 20, 20
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on December 18, 2024 to shareholders of record at the close of business on November 20, 2024. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers su
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter of fiscal 2024 ended June 30, 2024. All comparisons are to the third quarter of fiscal 2023, unless otherwise noted. Third Quarter Key Financial Highlights: Revenues totaled $288 million, an increase of 50%;Gross profit of $82 million, or 28.4% of revenue;Net income of $46 million, or $3.79 per diluted share;New orders(1) totaled $356 million, spread broadly across our key end markets;Backlog(2) as of June 30, 2024 remained at $1.3 billion;Cash a
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on September 18, 2024 to shareholders of record at the close of business on August 14, 2024. Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, tr
HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal third quarter ended June 30, 2024 on Tuesday, July 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, July 31, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q3 Earnings Conference CallWhen:Wednesday, July 31, 2024 – 11:00 a.m. eastern / 10:
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 second quarter ended March 31, 2024. All comparisons are to the second quarter of Fiscal 2023, unless otherwise noted. Second Quarter Key Highlights: Revenues totaled $255 million, an increase of 49%;Gross profit of $63 million, or 24.6% of revenue, a 510 basis point improvement;Net income of $33 million, or $2.75 per diluted share;New orders(1) totaled $235 million;Backlog(2) as of March 31, 2024, remained at $1.3 billion;Cash and sho
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on June 12, 2024 to stockholders of record at the close of business on May 15, 2024. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as ut
HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2024 on Tuesday, April 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, May 1, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q2 Earnings Conference Call When:Wednesday, May 1, 2024 – 11:00 a.m. eastern / 10:0
HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted. First Quarter Key Highlights: Revenues totaled $194 million, an increase of 53%;Gross profit of $48 million, or 24.8% of revenue, an improvement of 950 basis points;Net Income of $24 million, or $1.98 per diluted share;New orders totaled $198 million;As of December 31, 2023, backlog had nearly doubled to $1.3 billion
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
4 - POWELL INDUSTRIES INC (0000080420) (Issuer)
Sidoti downgraded Powell Inds from Buy to Neutral
Sidoti upgraded Powell Inds from Neutral to Buy and set a new price target of $26.00
HOUSTON, March 5, 2021 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control, and distribution of electrical energy, today announced that Chairman Emeritus Thomas W. Powell has elected to retire from the Company's Board of Directors at the conclusion of his current term which ends at the February 16, 2022 Meeting of Stockholders. Mr. Powell's decision comes after more than 50 years of service having started with the Company in 1964. Prior to his Chairman Emeritus role, Mr. Powell served as the Company's Chairman of the Board from 1984 through September 2019. Mr. Powell also served three terms as the Company's
HOUSTON, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the fourth quarter and full year fiscal 2024 ended September 30, 2024. All comparisons are to the comparable periods of fiscal 2023, unless otherwise noted. Fourth Quarter Key Financial Highlights: Revenues totaled $275 million, an increase of 32%;Gross profit of $80 million, or 29.2% of revenue;Net income of $46 million, or $3.77 per diluted share, increased 74%;New orders(1) totaled $267 million;Backlog(2) as of September 30, 2024 remained at $1.
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal fourth quarter and year ended September 30, 2024 on Tuesday, November 19, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, November 20, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q4 & FY Earnings Conference CallWhen:Wednesday, November 20, 20
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on December 18, 2024 to shareholders of record at the close of business on November 20, 2024. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers su
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter of fiscal 2024 ended June 30, 2024. All comparisons are to the third quarter of fiscal 2023, unless otherwise noted. Third Quarter Key Financial Highlights: Revenues totaled $288 million, an increase of 50%;Gross profit of $82 million, or 28.4% of revenue;Net income of $46 million, or $3.79 per diluted share;New orders(1) totaled $356 million, spread broadly across our key end markets;Backlog(2) as of June 30, 2024 remained at $1.3 billion;Cash a
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on September 18, 2024 to shareholders of record at the close of business on August 14, 2024. Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, tr
HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal third quarter ended June 30, 2024 on Tuesday, July 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, July 31, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q3 Earnings Conference CallWhen:Wednesday, July 31, 2024 – 11:00 a.m. eastern / 10:
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 second quarter ended March 31, 2024. All comparisons are to the second quarter of Fiscal 2023, unless otherwise noted. Second Quarter Key Highlights: Revenues totaled $255 million, an increase of 49%;Gross profit of $63 million, or 24.6% of revenue, a 510 basis point improvement;Net income of $33 million, or $2.75 per diluted share;New orders(1) totaled $235 million;Backlog(2) as of March 31, 2024, remained at $1.3 billion;Cash and sho
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2650 per share. The dividend is payable on June 12, 2024 to stockholders of record at the close of business on May 15, 2024. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as ut
HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2024 on Tuesday, April 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, May 1, 2024 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2024 Q2 Earnings Conference Call When:Wednesday, May 1, 2024 – 11:00 a.m. eastern / 10:0
HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted. First Quarter Key Highlights: Revenues totaled $194 million, an increase of 53%;Gross profit of $48 million, or 24.8% of revenue, an improvement of 950 basis points;Net Income of $24 million, or $1.98 per diluted share;New orders totaled $198 million;As of December 31, 2023, backlog had nearly doubled to $1.3 billion
10-K - POWELL INDUSTRIES INC (0000080420) (Filer)
8-K - POWELL INDUSTRIES INC (0000080420) (Filer)
8-K - POWELL INDUSTRIES INC (0000080420) (Filer)
10-Q - POWELL INDUSTRIES INC (0000080420) (Filer)
8-K - POWELL INDUSTRIES INC (0000080420) (Filer)
SD - POWELL INDUSTRIES INC (0000080420) (Filer)
10-Q - POWELL INDUSTRIES INC (0000080420) (Filer)
8-K - POWELL INDUSTRIES INC (0000080420) (Filer)
8-K - POWELL INDUSTRIES INC (0000080420) (Filer)
10-Q - POWELL INDUSTRIES INC (0000080420) (Filer)
SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13D/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13D/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)
SC 13G - POWELL INDUSTRIES INC (0000080420) (Subject)
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume UBER CALL SWEEP NEUTRAL 08/16/24 $67.50 $57.8K 6.7K 583 RKLB CALL SWEEP BULLISH 01/16
Powell Industries's (NYSE:POWL) short percent of float has risen 29.11% since its last report. The company recently reported that it has 1.87 million shares sold short, which is 23.82% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.1 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inte
Gainers Nuburu (AMEX:BURU) stock moved upwards by 31.9% to $0.21 during Friday's regular session. The company's market cap stands at $8.1 million. C3is (NASDAQ:CISS) stock moved upwards by 16.46% to $1.91. The company's market cap stands at $11.1 million. As per the press release, Q1 earnings came out 3 days ago. Nocera (NASDAQ:NCRA) stock increased by 10.81% to $1.23. The company's market cap stands at $16.6 million. KULR Tech Gr (AMEX:KULR) stock increased by 10.36% to $0.34. The market value of their outstanding shares is at $63.0 million. Where Food Comes From (NASDAQ:WFCF) stock rose 10.31% to $13.9. The market value of their outstanding shares is at $74.7 million. Mynaric (NASDAQ
Powell Industries's (NYSE:POWL) short percent of float has risen 20.14% since its last report. The company recently reported that it has 1.40 million shares sold short, which is 17.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.83 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply during Wednesday's session as the company reported first-quarter results and issued revenue guidance for the second quarter. AMD guided to second-quarter revenue of $5.7 billion plus or minus $300 million and a non-GAAP gross margin of about 53% against Street estimates of $5.7 billion in second-quarter revenue. Street expectations for fiscal year 2024 are for earnings of $3.40 per share and revenue of $24.13 billion, respectively, according to data from Benzinga Pro. Advanced Micro Devices shares dipped 6.9% to $147.44 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers CytomX Th
Gainers Solidion Technology (NASDAQ:STI) stock moved upwards by 24.2% to $2.61 during Wednesday's regular session. The company's market cap stands at $226.6 million. Powell Industries (NASDAQ:POWL) stock moved upwards by 22.25% to $174.82. The market value of their outstanding shares is at $2.0 billion. As per the news, the Q2 earnings report came out yesterday. Getaround (NYSE:GETR) stock increased by 15.24% to $0.23. The market value of their outstanding shares is at $21.7 million. Innovate (NYSE:VATE) stock increased by 14.0% to $0.8. The market value of their outstanding shares is at $68.1 million. Hyliion Holdings (NYSE:HYLN) shares moved upwards by 13.95% to $1.47. The company's m
U.S. stocks were mixed, with the Dow Jones index gaining over 50 points on Wednesday. Shares of Powell Industries, Inc. (NASDAQ:POWL) rose sharply during Wednesday's session after the company reported better-than-expected second-quarter financial results. Powell Industries posted GAAP earnings of $2.75 per share, beating market estimates of $1.77 per share. The company's quarterly sales came in at $255.108 million versus expectations of $201.447 million, according to data from Benzinga Pro. Powell Industries shares jumped 23.2% to $176.16 on Wednesday. Here are some other big stocks recording gains in today's session. Rocky Brands, Inc. (NASDAQ:RCKY) shares jumped 31.6% to $3
Shares of Pinterest, Inc (NYSE:PINS) rose sharply in today's pre-market trading following strong first-quarter earnings and upbeat second-quarter guidance. Pinterest's first-quarter revenue increased nearly 23% year-over-year to $740 million, which beat the consensus estimate of $699.872 million, according to Benzinga Pro. The company reported a loss of 4 cents per share, which beat analyst estimates for a loss of 9 cents per share. Pinterest shares climbed 17.3% to $39.26 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Plutonian Acquisition Corp. (NASDAQ:PLTN) gained 68.9% to $15.00 in pre-market trading. IM Cannabis Corp. (NASDAQ:I
Gainers Getaround (NYSE:GETR) shares increased by 67.7% to $0.34 during Wednesday's pre-market session. The company's market cap stands at $31.6 million. Powell Industries (NASDAQ:POWL) shares increased by 23.77% to $177.0. The market value of their outstanding shares is at $2.1 billion. The company's, Q2 earnings came out yesterday. YY Group Holding (NASDAQ:YYGH) stock moved upwards by 10.59% to $2.61. The company's market cap stands at $89.8 million. SKYX Platforms (NASDAQ:SKYX) shares moved upwards by 9.7% to $1.13. The market value of their outstanding shares is at $109.4 million. MingZhu Logistics Hldgs (NASDAQ:YGMZ) stock moved upwards by 7.85% to $0.46. The market value of their