Sectors & Industries IndustrialsBusiness Equipment & Supplies
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...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
EBF	ENNIS INC	NYSE	Business Equipment & Supplies	$547.99M	$21.21	-0.84%	$76.74M	13.17x	0.20
HNI	HNI CORP	NYSE	Business Equipment & Supplies	$1.31B	$31.65	-2.01%	$254.71M	11.34x	1.47
VRTV	VERITIV CORP	NYSE	Business Equipment & Supplies	$1.86B	$138.22	-5.79%	$475.70M	6.18x	2.27
AVY	AVERY DENNISON CORP	NYSE	Business Equipment & Supplies	$14.46B	$178.54	-1.47%	$1.45B	17.89x	3.01
ACCO	ACCO BRANDS CORP	NYSE	Business Equipment & Supplies	$597.61M	$6.34	-1.25%	$167.50M	30.19x	2.62
MLKN	MILLERKNOLL INC	NASDAQ	Business Equipment & Supplies	$1.75B	$23.20	-3.81%	$364.20M	21.68x	2.03
PMTS	CPI CARD GROUP INC	NASDAQ	Business Equipment & Supplies	$443.81M	$38.98	4.22%	$79.71M	17.72x	-4.24
SCS	STEELCASE INC	NYSE	Business Equipment & Supplies	$862.08M	$7.63	-1.80%	$142.00M	50.87x	1.80
PBI	PITNEY BOWES INC	NYSE	Business Equipment & Supplies	$772.58M	$4.44	-4.31%	$289.68M	24.67x	-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.