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Best Electrical Equipment & Part Stocks to Buy Now (2022)
Top electrical equipment & part stocks in 2022 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
OESX
ORION ENERGY SYSTEMS INC
NASDAQ
Electrical Equipment & Parts
$67.47M$2.17-8.44%$13.73M2.26x0.39
CBAT
CBAK ENERGY TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$87.82M$0.99-6.00%$29.15M2.74x1.02
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$2.34B$118.60-0.50%$877.87M3.64x0.15
AZZ
AZZ INC
NYSE
Electrical Equipment & Parts
$1.08B$43.55-0.84%$157.41M12.88x0.70
ENR
ENERGIZER HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.20B$30.85-1.22%$454.20M12.24x10.19
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$9.89B$184.29-1.68%$791.20M19.99x1.33
RFIL
R F INDUSTRIES LTD
NASDAQ
Electrical Equipment & Parts
$60.68M$6.010.17%$8.17M9.54x0.26
PLUG
PLUG POWER INC
NASDAQ
Electrical Equipment & Parts
$8.78B$15.18-8.77%-$507.19M-15.49x0.30
HAYW
HAYWARD HOLDINGS INC
NYSE
Electrical Equipment & Parts
$3.20B$14.12-2.49%$404.32M13.45x1.19
BMI
BADGER METER INC
NYSE
Electrical Equipment & Parts
$2.26B$77.23-0.41%$107.42M36.78x0.33
FCEL
FUELCELL ENERGY INC
NASDAQ
Electrical Equipment & Parts
$1.25B$3.41-8.58%-$67.49M-12.63x0.30
AEIS
ADVANCED ENERGY INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$2.80B$74.65-1.60%$202.58M21.33x1.03
SLDP
SOLID POWER INC
NASDAQ
Electrical Equipment & Parts
$1.50B$8.60-1.71%N/A1.99x0.12
PLPC
PREFORMED LINE PRODUCTS CO
NASDAQ
Electrical Equipment & Parts
$299.27M$60.58-0.69%$70.00M7.28x0.63
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$5.69B$164.49-0.71%$563.50M16.78x0.75
BW
BABCOCK & WILCOX ENTERPRISES INC
NYSE
Electrical Equipment & Parts
$536.16M$6.21-3.57%$95.37M20.03x48.11
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$45.52M$4.724.66%-$2.30M-13.11x0.86
ABB
ABB LTD
NYSE
Electrical Equipment & Parts
$58.95B$30.100.20%$6.64B13.26x1.56
MVST
MICROVAST HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$1.25B$4.12-8.44%-$199.85M-0.06x0.52
EAF
GRAFTECH INTERNATIONAL LTD
NYSE
Electrical Equipment & Parts
$2.15B$8.281.10%$604.75M5.27x9.96
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$2.61B$63.36-0.06%$311.98M17.95x1.39
VRT
VERTIV HOLDINGS CO
NYSE
Electrical Equipment & Parts
$3.86B$10.25-5.00%$494.70M37.96x3.75
NVT
NVENT ELECTRIC PLC
NYSE
Electrical Equipment & Parts
$5.61B$33.71-2.63%$474.00M20.55x0.86
FLUX
FLUX POWER HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$33.43M$2.092.45%-$15.65M-1.85x1.42
IPWR
IDEAL POWER INC
NASDAQ
Electrical Equipment & Parts
$66.12M$11.20-3.53%-$5.56M-12.04x0.09
LTBR
LIGHTBRIDGE CORP
NASDAQ
Electrical Equipment & Parts
$57.08M$5.39-5.77%-$7.87M-3.43x0.02
BDC
BELDEN INC
NYSE
Electrical Equipment & Parts
$2.35B$53.01-2.61%$246.72M33.34x2.17
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$299.94M$25.460.12%$8.84M-106.08x0.50
SVT
SERVOTRONICS INC
NYSEMKT
Electrical Equipment & Parts
$26.79M$10.750.00%$5.26M6.85x0.45
OPTT
OCEAN POWER TECHNOLOGIES INC
NYSEMKT
Electrical Equipment & Parts
$53.10M$0.95-5.00%-$19.66M-2.79x0.07
ENVX
ENOVIX CORP
NASDAQ
Electrical Equipment & Parts
$1.48B$9.462.49%-$168.96M-1.07x0.20
GWH
ESS TECH INC
NYSE
Electrical Equipment & Parts
$645.73M$4.23-8.44%-$325.14M0.32x0.18
BE
BLOOM ENERGY CORP
NYSE
Electrical Equipment & Parts
$2.67B$15.01-6.60%-$82.99M-12.10x-11.80
POLA
POLAR POWER INC
NASDAQ
Electrical Equipment & Parts
$36.45M$2.85-8.65%-$36.00k-40.71x0.18
ESP
ESPEY MFG & ELECTRONICS CORP
NYSEMKT
Electrical Equipment & Parts
$36.84M$13.63-6.43%$2.50M17.70x0.24
NILE
BITNILE HOLDINGS INC
NYSEMKT
Electrical Equipment & Parts
$90.51M$0.29-5.86%-$17.54M-0.42x0.31
EOSE
EOS ENERGY ENTERPRISES INC
NASDAQ
Electrical Equipment & Parts
$62.07M$1.14-1.72%-$136.66M-0.41x-13.41
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
NASDAQ
Electrical Equipment & Parts
$303.71M$5.69-1.56%N/A-1.51x0.56
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
NASDAQ
Electrical Equipment & Parts
$905.04M$14.82-0.40%N/AN/A0.41
KE
KIMBALL ELECTRONICS INC
NASDAQ
Electrical Equipment & Parts
$442.58M$17.81-0.50%$79.06M12.54x1.10
FREY
FREYR BATTERY
NYSE
Electrical Equipment & Parts
$941.84M$8.06-1.10%-$115.89M-8.57x0.21
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
NASDAQ
Electrical Equipment & Parts
$16.58M$1.20-4.00%$2.76M-6.32x1.22
NVX
NOVONIX LTD
NASDAQ
Electrical Equipment & Parts
$1.34B$11.07-1.51%N/AN/A0.17
ELBM
ELECTRA BATTERY MATERIALS CORP
NASDAQ
Electrical Equipment & Parts
N/A$3.65-2.93%-$34.91M-2.90x0.68
DCFC
TRITIUM DCFC LTD
NASDAQ
Electrical Equipment & Parts
$1.29B$8.050.50%-$51.97M-9.36x-2.37
XPON
EXPION360 INC
NASDAQ
Electrical Equipment & Parts
$19.69M$2.90-9.66%N/AN/A4.56

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in May 2022?

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

1. ORION ENERGY SYSTEMS (NASDAQ:OESX)


ORION ENERGY SYSTEMS (NASDAQ:OESX) is the top electrical equipment & part stock with a Zen Score of 79, which is 42 points higher than the electrical equipment & part industry average of 37. It passed 26 out of 33 due diligence checks and has strong fundamentals. ORION ENERGY SYSTEMS has seen its stock lose -64.01% over the past year, underperforming other electrical equipment & part stocks by -48 percentage points.

ORION ENERGY SYSTEMS has an average 1 year price target of $6.00, an upside of 176.5% from ORION ENERGY SYSTEMS's current stock price of $2.17.

ORION ENERGY SYSTEMS stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering ORION ENERGY SYSTEMS, 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.

2. CBAK ENERGY TECHNOLOGY (NASDAQ:CBAT)


CBAK ENERGY TECHNOLOGY (NASDAQ:CBAT) is the second best electrical equipment & part stock with a Zen Score of 62, which is 25 points higher than the electrical equipment & part industry average of 37. It passed 20 out of 33 due diligence checks and has strong fundamentals. CBAK ENERGY TECHNOLOGY has seen its stock lose -73.75% over the past year, underperforming other electrical equipment & part stocks by -58 percentage points.

3. ENCORE WIRE (NASDAQ:WIRE)


ENCORE WIRE (NASDAQ:WIRE) is the third best electrical equipment & part stock with a Zen Score of 62, which is 25 points higher than the electrical equipment & part industry average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. ENCORE WIRE has seen its stock return 46.26% over the past year, overperforming other electrical equipment & part stocks by 62 percentage points.

ENCORE WIRE has an average 1 year price target of $175.00, an upside of 47.55% from ENCORE WIRE's current stock price of $118.60.

ENCORE WIRE stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering ENCORE WIRE, 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 electrical equipment & part stocks with highest dividends?

Out of 16 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. POWELL INDUSTRIES (NASDAQ:POWL)


POWELL INDUSTRIES (NASDAQ:POWL) has an annual dividend yield of 4.08%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.43%. POWELL INDUSTRIES's dividend payout is stable, having never dropped by more than 10% in the last 10 years. POWELL INDUSTRIES's dividend has shown consistent growth over the last 10 years.

POWELL INDUSTRIES's dividend payout ratio of -433.3% indicates that its dividend yield might not be sustainable for the long-term.

2. ENERGIZER HOLDINGS (NYSE:ENR)


ENERGIZER HOLDINGS (NYSE:ENR) has an annual dividend yield of 3.89%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.43%. 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 47.6% indicates that its dividend yield is sustainable for the long-term.

3. ABB (NYSE:ABB)


ABB (NYSE:ABB) has an annual dividend yield of 2.95%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.43%. ABB's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. ABB's dividend has shown consistent growth over the last 10 years.

ABB's dividend payout ratio of 38.5% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -1.44% in the last day, and down -4.29% over the last week. PLUG POWER was the among the top losers in the electrical equipment & parts industry, dropping -8.77% yesterday.

Shares of several companies in the broader industrial space are trading lower amid a continued selloff in stocks.

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. CBAK ENERGY TECHNOLOGY (NASDAQ:CBAT)


CBAK ENERGY TECHNOLOGY (NASDAQ:CBAT) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. CBAK ENERGY TECHNOLOGY has a valuation score of 100, which is 64 points higher than the electrical equipment & part industry average of 36. It passed 7 out of 7 valuation due diligence checks.

CBAK ENERGY TECHNOLOGY's stock has dropped -73.75% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -58 percentage points.

2. PREFORMED LINE PRODUCTS (NASDAQ:PLPC)


PREFORMED LINE PRODUCTS (NASDAQ:PLPC) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. PREFORMED LINE PRODUCTS has a valuation score of 86, which is 50 points higher than the electrical equipment & part industry average of 36. It passed 6 out of 7 valuation due diligence checks.

PREFORMED LINE PRODUCTS's stock has dropped -18.14% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -2 percentage points.

3. ORION ENERGY SYSTEMS (NASDAQ:OESX)


ORION ENERGY SYSTEMS (NASDAQ:OESX) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. ORION ENERGY SYSTEMS has a valuation score of 71, which is 35 points higher than the electrical equipment & part industry average of 36. It passed 5 out of 7 valuation due diligence checks.

ORION ENERGY SYSTEMS's stock has dropped -64.01% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -48 percentage points.

Are electrical equipment & part stocks a good buy now?

58.33% 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 50.81% 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 12.28x.
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.