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Best Business Equipment & Supply Stocks to Buy Now (2023)
Top business equipment & supply stocks in 2023 ranked by overall Zen Score. See the best business equipment & supply stocks to buy now, according to analyst forecasts for the business equipment & supplies industry.

Industry: Business Equipment & Supp...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
EBF
ENNIS INC
NYSE
Business Equipment & Supplies
$547.99M$21.21-0.84%$76.74M13.17x0.20
HNI
HNI CORP
NYSE
Business Equipment & Supplies
$1.31B$31.65-2.01%$254.71M11.34x1.47
VRTV
VERITIV CORP
NYSE
Business Equipment & Supplies
$1.86B$138.22-5.79%$475.70M6.18x2.27
AVY
AVERY DENNISON CORP
NYSE
Business Equipment & Supplies
$14.46B$178.54-1.47%$1.45B17.89x3.01
ACCO
ACCO BRANDS CORP
NYSE
Business Equipment & Supplies
$597.61M$6.34-1.25%$167.50M30.19x2.62
MLKN
MILLERKNOLL INC
NASDAQ
Business Equipment & Supplies
$1.75B$23.20-3.81%$364.20M21.68x2.03
PMTS
CPI CARD GROUP INC
NASDAQ
Business Equipment & Supplies
$443.81M$38.984.22%$79.71M17.72x-4.24
SCS
STEELCASE INC
NYSE
Business Equipment & Supplies
$862.08M$7.63-1.80%$142.00M50.87x1.80
PBI
PITNEY BOWES INC
NYSE
Business Equipment & Supplies
$772.58M$4.44-4.31%$289.68M24.67x-556.00

Business Equipment & Supply Stocks FAQ

What are the best business equipment & supply stocks to buy right now in Feb 2023?

According to Zen Score, the 3 best business equipment & supply stocks to buy right now are:

1. Ennis (NYSE:EBF)


Ennis (NYSE:EBF) is the top business equipment & supply stock with a Zen Score of 53, which is 14 points higher than the business equipment & supply industry average of 39. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ennis has seen its stock return 13.42% over the past year, overperforming other business equipment & supply stocks by 3 percentage points.

2. Hni (NYSE:HNI)


Hni (NYSE:HNI) is the second best business equipment & supply stock with a Zen Score of 50, which is 11 points higher than the business equipment & supply industry average of 39. It passed 17 out of 38 due diligence checks and has strong fundamentals. Hni has seen its stock lose -21.85% over the past year, underperforming other business equipment & supply stocks by -33 percentage points.

Hni has an average 1 year price target of $38.00, an upside of 20.06% from Hni's current stock price of $31.65.

Hni stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Hni, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Veritiv (NYSE:VRTV)


Veritiv (NYSE:VRTV) is the third best business equipment & supply stock with a Zen Score of 50, which is 11 points higher than the business equipment & supply industry average of 39. It passed 20 out of 38 due diligence checks and has strong fundamentals. Veritiv has seen its stock return 55.81% over the past year, overperforming other business equipment & supply stocks by 45 percentage points.

Veritiv has an average 1 year price target of $155.00, an upside of 12.14% from Veritiv's current stock price of $138.22.

Veritiv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Veritiv, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the business equipment & supply stocks with highest dividends?

Out of 8 business equipment & supply stocks that have issued dividends in the past year, the 3 business equipment & supply stocks with the highest dividend yields are:

1. Steelcase (NYSE:SCS)


Steelcase (NYSE:SCS) has an annual dividend yield of 6.42%, which is 3 percentage points higher than the business equipment & supply industry average of 3.71%. Steelcase's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Steelcase's dividend has not shown consistent growth over the last 10 years.

Steelcase's dividend payout ratio of 356.7% indicates that its high dividend yield might not be sustainable for the long-term.

2. Acco Brands (NYSE:ACCO)


Acco Brands (NYSE:ACCO) has an annual dividend yield of 4.73%, which is 1 percentage points higher than the business equipment & supply industry average of 3.71%. Acco Brands's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Acco Brands's dividend has shown consistent growth over the last 10 years.

Acco Brands's dividend payout ratio of 142.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Ennis (NYSE:EBF)


Ennis (NYSE:EBF) has an annual dividend yield of 4.71%, which is 1 percentage points higher than the business equipment & supply industry average of 3.71%. Ennis's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Ennis's dividend has shown consistent growth over the last 10 years.

Ennis's dividend payout ratio of 62.1% indicates that its high dividend yield is sustainable for the long-term.

Why are business equipment & supply stocks down?

Business equipment & supply stocks were down -2.54% in the last day, and up 3.96% over the last week.

We couldn't find a catalyst for why business equipment & supply stocks are down.

What are the most undervalued business equipment & supply stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued business equipment & supply stocks right now are:

1. Veritiv (NYSE:VRTV)


Veritiv (NYSE:VRTV) is the most undervalued business equipment & supply stock based on WallStreetZen's Valuation Score. Veritiv has a valuation score of 71, which is 36 points higher than the business equipment & supply industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Veritiv's stock has gained 55.81% in the past year. It has overperformed other stocks in the business equipment & supply industry by 45 percentage points.

2. Cpi Card Group (NASDAQ:PMTS)


Cpi Card Group (NASDAQ:PMTS) is the second most undervalued business equipment & supply stock based on WallStreetZen's Valuation Score. Cpi Card Group has a valuation score of 57, which is 22 points higher than the business equipment & supply industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Cpi Card Group's stock has gained 157.46% in the past year. It has overperformed other stocks in the business equipment & supply industry by 147 percentage points.

3. Acco Brands (NYSE:ACCO)


Acco Brands (NYSE:ACCO) is the third most undervalued business equipment & supply stock based on WallStreetZen's Valuation Score. Acco Brands has a valuation score of 43, which is 8 points higher than the business equipment & supply industry average of 35. It passed 3 out of 7 valuation due diligence checks.

Acco Brands's stock has dropped -20.45% in the past year. It has underperformed other stocks in the business equipment & supply industry by -31 percentage points.

Are business equipment & supply stocks a good buy now?

50% of business equipment & supply stocks rated by analysts are a strong buy right now. On average, analysts expect business equipment & supply stocks to rise by 9.98% over the next year.

What is the average p/e ratio of the business equipment & supplies industry?

The average P/E ratio of the business equipment & supplies industry is 18.54x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.