Why the CANSLIM investor may take a look at NASDAQ:POWL.

In this article we will dive into POWELL INDUSTRIES INC (NASDAQ:POWL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed POWELL INDUSTRIES INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:POWL highlighted

• POWELL INDUSTRIES INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 2.0K% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• POWELL INDUSTRIES INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 52.89%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The 3-year EPS growth of POWELL INDUSTRIES INC (44.68%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With a solid Return on Equity (ROE) of 21.16%, POWELL INDUSTRIES INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• POWELL INDUSTRIES INC has achieved an impressive Relative Strength (RS) rating of 99.1, showcasing its ability to outperform the broader market. This strong performance positions POWELL INDUSTRIES INC as an attractive stock for potential price appreciation.
• With a Debt-to-Equity ratio at 0.0, POWELL INDUSTRIES INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• POWELL INDUSTRIES INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 65.24%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Zooming in on the technicals.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Overall POWL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, POWL has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, POWL did better than 99% of all other stocks. On top of that, POWL also shows a nice and consistent pattern of rising prices.
• POWL is part of the Electrical Equipment industry. There are 87 other stocks in this industry. POWL outperforms 98% of them.
• POWL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month POWL has a been trading in the 76.29 - 157.17 range, which is quite wide. It is currently trading near the high of this range.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

For an up to date full technical analysis you can check the technical report of POWL

A complete fundamental analysis of NASDAQ:POWL

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

POWL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 87 industry peers in the Electrical Equipment industry. POWL gets an excellent profitability rating and is at the same time showing great financial health properties. POWL is growing strongly while it is still valued neutral. This is a good combination! This makes POWL very considerable for growth and quality investing!

For an up to date full fundamental analysis you can check the fundamental report of POWL

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.