Market Overview

D.A. Davidson Expects Lower Q4 EPS Results From Powell Industries, Inc.

Share:

In a report published Friday, D.A. Davidson analyst Brent Thielman reiterated a Buy rating and $70.00 price target on Powell Industries, Inc. (NASDAQ: POWL).

In the report, D.A. Davidson noted, “Powell announced it now expects fiscal 2014 earnings to be in a range of $1.25-$1.45 per share or $(0.18)-$0.02 for fiscal Q4 ended in September. Revenue guidance, which also declines, is now $630-$640 million (previously $650-$675 million). Our current published earnings estimate is $0.72 per share; consensus is $0.74. Both our estimate and consensus were at the low end of previous earnings guidance ($0.72-$0.97 per share). Actual Q4 earnings will not be reported until December.”

Powell Industries, Inc. closed on Thursday at $49.72.

Latest Ratings for POWL

DateFirmActionFromTo
Dec 2018MaintainsBuyBuy
Feb 2015DowngradesBuyHold
Jan 2015UpgradesUnderperformNeutral

View More Analyst Ratings for POWL
View the Latest Analyst Ratings

Posted-In: Brent Thielman D.A. DavidsonAnalyst Color Reiteration Analyst Ratings

 

Related Articles (POWL)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
YYUBSUpgrades
ROKUOppenheimerMaintains155.0
IPHIBank of AmericaMaintains80.0
NWNRBC CapitalMaintains69.0
CSBRRoth CapitalInitiates Coverage On9.3
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Diamond Foods, Inc. Beats Q4 Views; Gross Margin Narrows

Brent Likely To Post Another Weekly Loss