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Best Business Equipment & Supply Stocks to Buy Now (2022)
Top business equipment & supply stocks in 2022 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
VRTV
VERITIV CORP
NYSE
Business Equipment & Supplies
$1.37B$98.21-6.32%$402.20M5.44x2.27
ACCO
ACCO BRANDS CORP
NYSE
Business Equipment & Supplies
$484.50M$5.14-3.02%$263.90M4.47x2.54
EBF
ENNIS INC
NYSE
Business Equipment & Supplies
$533.37M$20.66-0.91%$66.19M16.14x0.22
AVY
AVERY DENNISON CORP
NYSE
Business Equipment & Supplies
$13.46B$165.62-1.95%$1.38B17.94x3.18
HNI
HNI CORP
NYSE
Business Equipment & Supplies
$1.14B$27.52-2.79%$198.20M16.19x1.82
SCS
STEELCASE INC
NYSE
Business Equipment & Supplies
$826.71M$7.33-11.79%$133.80M56.38x1.88
MLKN
MILLERKNOLL INC
NASDAQ
Business Equipment & Supplies
$1.51B$19.90-7.10%$212.40M-53.78x2.09
PBI
PITNEY BOWES INC
NYSE
Business Equipment & Supplies
$460.77M$2.659.05%$290.25M13.25x104.94
PMTS
CPI CARD GROUP INC
NASDAQ
Business Equipment & Supplies
$198.00M$17.58-7.47%$72.76M10.16x-3.71

Business Equipment & Supply Stocks FAQ

What are the best business equipment & supply stocks to buy right now in Sep 2022?

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

1. Veritiv (NYSE:VRTV)


Veritiv (NYSE:VRTV) is the top business equipment & supply stock with a Zen Score of 68, which is 29 points higher than the business equipment & supply industry average of 39. It passed 22 out of 33 due diligence checks and has strong fundamentals. Veritiv has seen its stock return 10.09% over the past year, overperforming other business equipment & supply stocks by 32 percentage points.

Veritiv has an average 1 year price target of $155.00, an upside of 57.83% from Veritiv's current stock price of $98.21.

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.

2. Acco Brands (NYSE:ACCO)


Acco Brands (NYSE:ACCO) is the second best business equipment & supply stock with a Zen Score of 54, which is 15 points higher than the business equipment & supply industry average of 39. It passed 18 out of 38 due diligence checks and has strong fundamentals. Acco Brands has seen its stock lose -42.95% over the past year, underperforming other business equipment & supply stocks by -21 percentage points.

Acco Brands has an average 1 year price target of $12.75, an upside of 148.05% from Acco Brands's current stock price of $5.14.

Acco Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Acco Brands, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ennis (NYSE:EBF)


Ennis (NYSE:EBF) is the third best business equipment & supply stock with a Zen Score of 51, which is 12 points higher than the business equipment & supply industry average of 39. It passed 17 out of 38 due diligence checks and has strong fundamentals. Ennis has seen its stock return 10.72% over the past year, overperforming other business equipment & supply stocks by 32 percentage points.

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

Out of 7 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 7.91%, which is 3 percentage points higher than the business equipment & supply industry average of 5.17%. Steelcase's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Steelcase's dividend has shown consistent growth over the last 10 years.

Steelcase's dividend payout ratio of 446.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Pitney Bowes (NYSE:PBI)


Pitney Bowes (NYSE:PBI) has an annual dividend yield of 7.55%, which is 2 percentage points higher than the business equipment & supply industry average of 5.17%. Pitney Bowes's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Pitney Bowes's dividend has not shown consistent growth over the last 10 years.

Pitney Bowes's dividend payout ratio of 100% indicates that its high dividend yield might not be sustainable for the long-term.

3. Acco Brands (NYSE:ACCO)


Acco Brands (NYSE:ACCO) has an annual dividend yield of 5.84%, which is 1 percentage points higher than the business equipment & supply industry average of 5.17%. 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 25.2% 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 -3.89% in the last day, and down -8.37% over the last week. Steelcase was the among the top losers in the business equipment & supplies industry, dropping -11.79% yesterday.

Shares of companies in the broader industrial sector are trading lower following Wednesday'd Fed decision. Continued interest rate hikes could drive a slowdown in economic and industrial activity.

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 31 points higher than the business equipment & supply industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Veritiv's stock has gained 10.09% in the past year. It has overperformed other stocks in the business equipment & supply industry by 32 percentage points.

2. Acco Brands (NYSE:ACCO)


Acco Brands (NYSE:ACCO) is the second most undervalued business equipment & supply stock based on WallStreetZen's Valuation Score. Acco Brands has a valuation score of 71, which is 31 points higher than the business equipment & supply industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Acco Brands's stock has dropped -42.95% in the past year. It has underperformed other stocks in the business equipment & supply industry by -21 percentage points.

3. Hni (NYSE:HNI)


Hni (NYSE:HNI) is the third most undervalued business equipment & supply stock based on WallStreetZen's Valuation Score. Hni has a valuation score of 43, which is 3 points higher than the business equipment & supply industry average of 40. It passed 3 out of 7 valuation due diligence checks.

Hni's stock has dropped -25.8% in the past year. It has underperformed other stocks in the business equipment & supply industry by -4 percentage points.

Are business equipment & supply stocks a good buy now?

62.5% 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 46.72% 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 12.6x.
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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.