Sectors & Industries IndustrialsConglomerates
Best Conglomerate Stocks to Buy Now (2023)
Top conglomerate stocks in 2023 ranked by overall Zen Score. See the best conglomerate stocks to buy now, according to analyst forecasts for the conglomerates industry.

Industry: Conglomerates

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
SEB	SEABOARD CORP	$3.41B	$3,513.74	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VMI	VALMONT INDUSTRIES INC	$4.28B	$205.05	$294.00	43.38%	Buy	2	0.40%	34.88%	N/A	N/A
VRTV	VERITIV CORP	$2.31B	$169.96	N/A	N/A	N/A	N/A	N/A	N/A	24.96%	11.73%
RCMT	RCM TECHNOLOGIES INC	$206.46M	$26.36	$27.50	4.32%	Strong Buy	2	0.86%	18.18%	N/A	N/A
HON	HONEYWELL INTERNATIONAL INC	$128.07B	$194.27	$180.00	-7.35%	Strong Sell	1	3.29%	12.92%	N/A	N/A
HHS	HARTE HANKS INC	$47.70M	$6.61	N/A	N/A	N/A	N/A	-3.95%	-46.75%	N/A	N/A
SPLP	STEEL PARTNERS HOLDINGS LP	$827.83M	$38.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GFF	GRIFFON CORP	$2.40B	$45.92	$62.50	36.11%	Strong Buy	2	1.80%	49.01%	N/A	N/A
MATW	MATTHEWS INTERNATIONAL CORP	$1.05B	$34.52	$64.00	85.40%	Strong Buy	1	2.52%	N/A	N/A	N/A
CRESY	CRESUD INC	$525.74M	$8.86	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CODI	COMPASS DIVERSIFIED HOLDINGS	$1.44B	$20.04	N/A	N/A	N/A	N/A	1.89%	105.57%	N/A	N/A
MDU	MDU RESOURCES GROUP INC	$3.87B	$19.01	$22.00	15.73%	Strong Buy	1	N/A	N/A	15.51%	5.43%
MMM	3M CO	$54.41B	$98.51	$108.09	9.73%	Hold	11	-0.28%	N/A	124.96%	11.77%
TRC	TEJON RANCH CO	$433.63M	$16.22	N/A	N/A	N/A	N/A	-6.92%	N/A	N/A	N/A
TUSK	MAMMOTH ENERGY SERVICES INC	$199.92M	$4.17	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ALPP	ALPINE 4 HOLDINGS INC	$23.67M	$0.89	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EFSH	1847 HOLDINGS LLC	$1.75M	$0.55	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BBU	BROOKFIELD BUSINESS PARTNERS LP	$1.17B	$15.72	$27.00	71.81%	Buy	2	N/A	N/A	8.67%	0.55%
FIP	FTAI INFRASTRUCTURE INC	$364.13M	$3.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NNBR	NN INC	$108.91M	$2.30	$4.00	73.91%	Strong Buy	1	1.38%	N/A	N/A	N/A
FBYD	FALCON's BEYOND GLOBAL INC	$1.68B	$12.30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Conglomerate Stocks FAQ

What are the best conglomerate stocks to buy right now in Nov 2023?

According to Zen Score, the 3 best conglomerate stocks to buy right now are:

1. Seaboard (NYSEMKT:SEB)

Seaboard (NYSEMKT:SEB) is the top conglomerate stock with a Zen Score of 51, which is 18 points higher than the conglomerate industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Seaboard has seen its stock lose -11.94% over the past year, overperforming other conglomerate stocks by 1 percentage points.

2. Valmont Industries (NYSE:VMI)

Valmont Industries (NYSE:VMI) is the second best conglomerate stock with a Zen Score of 50, which is 17 points higher than the conglomerate industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Valmont Industries has seen its stock lose -38.47% over the past year, underperforming other conglomerate stocks by -26 percentage points.

Valmont Industries has an average 1 year price target of $294.00, an upside of 43.38% from Valmont Industries's current stock price of $205.05.

Valmont Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Valmont Industries, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 conglomerate stock with a Zen Score of 50, which is 17 points higher than the conglomerate industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Veritiv has seen its stock return 33.93% over the past year, overperforming other conglomerate stocks by 47 percentage points.

What are the conglomerate stocks with highest dividends?

Out of 11 conglomerate stocks that have issued dividends in the past year, the 3 conglomerate stocks with the highest dividend yields are:

1. 3m Co (NYSE:MMM)

3m Co (NYSE:MMM) has an annual dividend yield of 6.09%, which is 3 percentage points higher than the conglomerate industry average of 2.71%. 3m Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. 3m Co's dividend has shown consistent growth over the last 10 years.

3m Co's dividend payout ratio of -45.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Cresud (NASDAQ:CRESY)

Cresud (NASDAQ:CRESY) has an annual dividend yield of 5.49%, which is 3 percentage points higher than the conglomerate industry average of 2.71%. Cresud's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Cresud's dividend has shown consistent growth over the last 10 years.

Cresud's dividend payout ratio of 23.2% indicates that its high dividend yield is sustainable for the long-term.

3. Griffon (NYSE:GFF)

Griffon (NYSE:GFF) has an annual dividend yield of 5.44%, which is 3 percentage points higher than the conglomerate industry average of 2.71%. Griffon's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Griffon's dividend has shown consistent growth over the last 10 years.

Griffon's dividend payout ratio of 164.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are conglomerate stocks down?

Conglomerate stocks were down -0.41% in the last day, and up 0.01% over the last week.

We couldn't find a catalyst for why conglomerate stocks are down.

What are the most undervalued conglomerate stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued conglomerate stocks right now are:

1. Veritiv (NYSE:VRTV)

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

Veritiv's stock has gained 33.93% in the past year. It has overperformed other stocks in the conglomerate industry by 47 percentage points.

2. Harte Hanks (NASDAQ:HHS)

Harte Hanks (NASDAQ:HHS) is the second most undervalued conglomerate stock based on WallStreetZen's Valuation Score. Harte Hanks has a valuation score of 71, which is 36 points higher than the conglomerate industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Harte Hanks's stock has dropped -34.62% in the past year. It has underperformed other stocks in the conglomerate industry by -22 percentage points.

3. Seaboard (NYSEMKT:SEB)

Seaboard (NYSEMKT:SEB) is the third most undervalued conglomerate stock based on WallStreetZen's Valuation Score. Seaboard has a valuation score of 71, which is 36 points higher than the conglomerate industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Seaboard's stock has dropped -11.94% in the past year. It has overperformed other stocks in the conglomerate industry by 1 percentage points.

Are conglomerate stocks a good buy now?

55.56% of conglomerate stocks rated by analysts are a strong buy right now. On average, analysts expect conglomerate stocks to rise by 22.98% over the next year.

What is the average p/e ratio of the conglomerates industry?

The average P/E ratio of the conglomerates industry is 14.5x.

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.