Powell Industries (POWL) to Release Earnings on Tuesday

Powell Industries (NASDAQ:POWL - Get Free Report) will be issuing its quarterly earnings data after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $3.49 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Powell Industries Price Performance

Powell Industries stock traded down $12.11 during mid-day trading on Tuesday, reaching $340.26. 122,821 shares of the company were exchanged, compared to its average volume of 368,067. The company has a fifty day simple moving average of $235.25 and a 200-day simple moving average of $187.13. Powell Industries has a 12 month low of $75.05 and a 12 month high of $364.98. The firm has a market cap of $4.08 billion, a PE ratio of 32.96, a PEG ratio of 1.99 and a beta of 0.86.

Powell Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, November 20th will be paid a dividend of $0.265 per share. The ex-dividend date is Wednesday, November 20th. This represents a $1.06 dividend on an annualized basis and a yield of 0.31%. Powell Industries's dividend payout ratio (DPR) is presently 9.92%.

Insiders Place Their Bets

In other Powell Industries news, major shareholder Thomas W. Powell sold 25,000 shares of the firm's stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $213.56, for a total value of $5,339,000.00. Following the sale, the insider now owns 682,265 shares of the company's stock, valued at approximately $145,704,513.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Powell Industries news, major shareholder Thomas W. Powell sold 2,451 shares of the firm's stock in a transaction on Friday, October 11th. The stock was sold at an average price of $262.10, for a total value of $642,407.10. Following the sale, the insider now owns 1,628,328 shares of the company's stock, valued at approximately $426,784,768.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Thomas W. Powell sold 25,000 shares of the firm's stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $213.56, for a total value of $5,339,000.00. Following the completion of the sale, the insider now directly owns 682,265 shares in the company, valued at approximately $145,704,513.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 61,600 shares of company stock worth $14,167,686 in the last 90 days. Company insiders own 2.20% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Powell Industries from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th.

Powell Industries Company Profile

Powell Industries, Inc, together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems. 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, switches, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears.