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Best Electrical Equipment & Part Stocks to Buy Now (2023)
Top electrical equipment & part stocks in 2023 ranked by overall Zen Score. See the best electrical equipment & part stocks to buy now, according to analyst forecasts for the electrical equipment & parts industry.

Industry: Electrical Equipment & Pa...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
KE
KIMBALL ELECTRONICS INC
NASDAQ
Electrical Equipment & Parts
$613.92M$24.71-0.24%$129.40M10.79x1.39
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$2.91B$184.34-1.60%$627.69M7.05x0.12
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$15.80B$294.66-0.09%$1.10B22.82x1.10
PLPC
PREFORMED LINE PRODUCTS CO
NASDAQ
Electrical Equipment & Parts
$620.39M$126.783.07%$123.70M8.51x0.52
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$948.61M$79.980.11%$55.58M25.80x1.07
ENR
ENERGIZER HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.21B$30.94-0.74%$467.10M15.71x20.40
ATKR
ATKORE INC
NYSE
Electrical Equipment & Parts
$4.76B$127.650.11%$1.02B7.29x1.00
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$64.55M$6.501.88%$3.27M36.11x0.93
ESP
ESPEY MFG & ELECTRONICS CORP
NYSEMKT
Electrical Equipment & Parts
$49.23M$18.195.08%$5.59M11.16x0.35
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$3.57B$88.30-0.08%$430.47M14.92x1.10
NVT
NVENT ELECTRIC PLC
NYSE
Electrical Equipment & Parts
$8.72B$52.580.08%$753.20M18.51x1.01
FCEL
FUELCELL ENERGY INC
NASDAQ
Electrical Equipment & Parts
$563.28M$1.253.31%-$87.11M-4.03x0.25
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
NASDAQ
Electrical Equipment & Parts
$1.43B$23.03-0.13%$141.01M12.06x0.47
RAYA
ERAYAK POWER SOLUTION GROUP INC
NASDAQ
Electrical Equipment & Parts
$9.64M$0.800.38%$3.29M4.46x0.81
AEIS
ADVANCED ENERGY INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$3.63B$97.320.33%$223.61M27.11x1.27
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$5.49B$177.450.06%$558.80M16.31x0.69
VRT
VERTIV HOLDINGS CO
NYSE
Electrical Equipment & Parts
$16.13B$42.290.09%$885.50M63.12x3.33
GWH
ESS TECH INC
NYSE
Electrical Equipment & Parts
$205.88M$1.197.21%-$83.87M-2.13x0.36
LTBR
LIGHTBRIDGE CORP
NASDAQ
Electrical Equipment & Parts
$44.59M$3.44-1.71%-$7.45M-5.55x0.03
AMPX
AMPRIUS TECHNOLOGIES INC
NYSE
Electrical Equipment & Parts
$365.08M$4.1315.04%-$30.41M-10.59x0.32
CBAT
CBAK ENERGY TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$84.12M$0.942.17%-$1.98M-9.40x1.46
FLUX
FLUX POWER HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$54.89M$3.32-3.49%-$3.77M-8.10x3.79
SLDP
SOLID POWER INC
NASDAQ
Electrical Equipment & Parts
$269.44M$1.519.42%-$36.28M-5.81x0.05
MVST
MICROVAST HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$370.35M$1.1713.59%-$90.49M-3.16x0.80
OPTT
OCEAN POWER TECHNOLOGIES INC
NYSEMKT
Electrical Equipment & Parts
$17.11M$0.29-3.00%-$28.17M-0.59x0.19
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
NASDAQ
Electrical Equipment & Parts
$27.93M$1.36-0.73%$14.17M7.13x1.05
IPWR
IDEAL POWER INC
NASDAQ
Electrical Equipment & Parts
$52.02M$8.752.94%-$9.21M-5.72x0.18
BE
BLOOM ENERGY CORP
NYSE
Electrical Equipment & Parts
$3.21B$14.315.61%-$154.03M-8.52x3.85
ULBI
ULTRALIFE CORP
NASDAQ
Electrical Equipment & Parts
$120.10M$7.353.67%$11.44M29.40x0.45
NVX
NOVONIX LTD
NASDAQ
Electrical Equipment & Parts
$231.30M$1.900.53%N/A-380.00x0.39
PLUG
PLUG POWER INC
NASDAQ
Electrical Equipment & Parts
$2.38B$3.932.34%-$845.50M-2.46x0.55
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
NASDAQ
Electrical Equipment & Parts
$309.15M$6.33-2.69%N/A-15.39x1.59
ENVX
ENOVIX CORP
NASDAQ
Electrical Equipment & Parts
$1.87B$11.152.11%-$153.50M-10.62x1.06
EAF
GRAFTECH INTERNATIONAL LTD
NYSE
Electrical Equipment & Parts
$629.18M$2.450.41%$125.57M49.00x4.13
HAYW
HAYWARD HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.50B$11.68-1.43%$213.20M36.50x1.25
OESX
ORION ENERGY SYSTEMS INC
NASDAQ
Electrical Equipment & Parts
$29.59M$0.916.06%-$17.53M-0.73x1.91
EOSE
EOS ENERGY ENTERPRISES INC
NASDAQ
Electrical Equipment & Parts
$175.45M$1.118.82%-$178.33M-0.44x-2.20
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
NASDAQ
Electrical Equipment & Parts
$37.22M$0.63-6.16%-$31.61M-0.63x2.39
EPOW
SUNRISE NEW ENERGY CO LTD
NASDAQ
Electrical Equipment & Parts
$26.30M$1.040.68%-$19.29M-1.15x1.08
DCFC
TRITIUM DCFC LTD
NASDAQ
Electrical Equipment & Parts
$24.14M$0.170.59%-$83.89M-0.22x-2.92
POLA
POLAR POWER INC
NASDAQ
Electrical Equipment & Parts
$10.42M$0.803.74%-$3.91M-2.23x0.92
FREY
FREYR BATTERY
NYSE
Electrical Equipment & Parts
$215.15M$1.547.69%-$18.73M-14.00x0.17
SVT
SERVOTRONICS INC
NYSEMKT
Electrical Equipment & Parts
$28.16M$11.285.74%-$10.46M-2.20x0.57
SKYX
SKYX PLATFORMS CORP
NASDAQ
Electrical Equipment & Parts
$160.37M$1.741.75%-$25.30M-3.95x3.59
RFIL
R F INDUSTRIES LTD
NASDAQ
Electrical Equipment & Parts
$26.55M$2.58-5.15%-$308.00k-15.18x0.93
NEOV
NEOVOLTA INC
NASDAQ
Electrical Equipment & Parts
$60.49M$1.821.11%-$2.37M-26.00x0.01
NXU
NXU INC
NASDAQ
Electrical Equipment & Parts
$1.45M$0.0216.67%-$62.86M-0.00x1.28
XPON
EXPION360 INC
NASDAQ
Electrical Equipment & Parts
$29.03M$4.200.72%-$6.42M-4.38x0.71
CAPT
CAPTIVISION INC
NASDAQ
Electrical Equipment & Parts
$99.14M$3.44-8.51%-$9.20M-7.32x5.07
ELVA
ELECTROVAYA INC
NASDAQ
Electrical Equipment & Parts
$85.08M$2.581.57%N/AN/A4.61
NCNC
NOCO-NOCO INC
NASDAQ
Electrical Equipment & Parts
$33.32M$0.2511.82%-$16.79M-1.76x-1.19

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Dec 2023?

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

1. Kimball Electronics (NASDAQ:KE)


Kimball Electronics (NASDAQ:KE) is the top electrical equipment & part stock with a Zen Score of 58, which is 29 points higher than the electrical equipment & part industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Kimball Electronics has seen its stock return 10.02% over the past year, underperforming other electrical equipment & part stocks by -2 percentage points.

Kimball Electronics has an average 1 year price target of $37.00, an upside of 49.74% from Kimball Electronics's current stock price of $24.71.

Kimball Electronics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Kimball Electronics, 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. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second best electrical equipment & part stock with a Zen Score of 58, which is 29 points higher than the electrical equipment & part industry average of 29. It passed 22 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 27.17% over the past year, overperforming other electrical equipment & part stocks by 15 percentage points.

3. Hubbell (NYSE:HUBB)


Hubbell (NYSE:HUBB) is the third best electrical equipment & part stock with a Zen Score of 55, which is 26 points higher than the electrical equipment & part industry average of 29. It passed 20 out of 38 due diligence checks and has strong fundamentals. Hubbell has seen its stock return 18.07% over the past year, overperforming other electrical equipment & part stocks by 6 percentage points.

Hubbell has an average 1 year price target of $342.60, an upside of 16.27% from Hubbell's current stock price of $294.66.

Hubbell stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Hubbell, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the electrical equipment & part stocks with highest dividends?

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

1. Vertiv Holdings Co (NYSE:VRT)


Vertiv Holdings Co (NYSE:VRT) has an annual dividend yield of N/A, which is N/A percentage points lower than the electrical equipment & part industry average of 1.19%.

Vertiv Holdings Co's dividend payout ratio of 1.5% indicates that its dividend yield is sustainable for the long-term.

2. Energizer Holdings (NYSE:ENR)


Energizer Holdings (NYSE:ENR) has an annual dividend yield of 3.88%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.19%. Energizer Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Energizer Holdings's dividend has shown consistent growth over the last 10 years.

Energizer Holdings's dividend payout ratio of 60.9% indicates that its dividend yield is sustainable for the long-term.

3. Espey Mfg & Electronics (NYSEMKT:ESP)


Espey Mfg & Electronics (NYSEMKT:ESP) has an annual dividend yield of 1.92%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.19%. Espey Mfg & Electronics's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Espey Mfg & Electronics's dividend has not shown consistent growth over the last 10 years.

Espey Mfg & Electronics's dividend payout ratio of 21.5% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 0.3% in the last day, and down -1.72% over the last week. Microvast Holdings was the among the top gainers in the electrical equipment & parts industry, gaining 13.59% yesterday.

MicroVast shares are trading higher after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and $8 price target.

What are the most undervalued electrical equipment & part stocks?

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

1. Kimball Electronics (NASDAQ:KE)


Kimball Electronics (NASDAQ:KE) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Kimball Electronics has a valuation score of 100, which is 74 points higher than the electrical equipment & part industry average of 26. It passed 7 out of 7 valuation due diligence checks.

Kimball Electronics's stock has gained 10.02% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -2 percentage points.

2. Hollysys Automation Technologies (NASDAQ:HOLI)


Hollysys Automation Technologies (NASDAQ:HOLI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies has a valuation score of 71, which is 45 points higher than the electrical equipment & part industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Hollysys Automation Technologies's stock has gained 37.49% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 25 percentage points.

3. Asia Pacific Wire & Cable (NASDAQ:APWC)


Asia Pacific Wire & Cable (NASDAQ:APWC) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Asia Pacific Wire & Cable has a valuation score of 71, which is 45 points higher than the electrical equipment & part industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -0.37% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -13 percentage points.

Are electrical equipment & part stocks a good buy now?

43.33% of electrical equipment & part stocks rated by analysts are a strong buy right now. On average, analysts expect electrical equipment & part stocks to rise by 27.44% over the next year.

What is the average p/e ratio of the electrical equipment & parts industry?

The average P/E ratio of the electrical equipment & parts industry is 23.24x.
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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.