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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
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$3.12B$170.35-0.84%$933.85M4.73x0.12
SLDP
SOLID POWER INC
NASDAQ
Electrical Equipment & Parts
$599.53M$3.41-6.32%$38.09M0.10x0.08
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$13.01B$242.200.40%$868.50M23.47x1.30
PLPC
PREFORMED LINE PRODUCTS CO
NASDAQ
Electrical Equipment & Parts
$437.52M$88.93-2.38%$79.33M9.35x0.60
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$536.70M$45.35-1.03%$24.83M30.03x0.72
PLUG
PLUG POWER INC
NASDAQ
Electrical Equipment & Parts
$9.61B$16.48-5.18%-$622.11M-13.62x0.39
FCEL
FUELCELL ENERGY INC
NASDAQ
Electrical Equipment & Parts
$1.59B$3.93-3.91%-$112.71M-10.34x0.27
BMI
BADGER METER INC
NYSE
Electrical Equipment & Parts
$3.54B$120.89-0.13%$114.60M53.49x0.36
AEIS
ADVANCED ENERGY INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$3.58B$95.79-3.40%$286.65M18.39x1.00
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
NASDAQ
Electrical Equipment & Parts
$1.14B$18.40-2.02%$119.58M12.52x0.45
OESX
ORION ENERGY SYSTEMS INC
NASDAQ
Electrical Equipment & Parts
$58.21M$1.820.55%-$5.09M-12.13x0.33
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$3.53B$86.560.94%$298.84M27.39x1.57
GWH
ESS TECH INC
NYSE
Electrical Equipment & Parts
$363.22M$2.37-2.87%-$232.30M0.08x0.21
ABB
ABB LTD
NYSE
Electrical Equipment & Parts
$66.33B$33.87-1.51%$6.64B14.92x1.56
NVT
NVENT ELECTRIC PLC
NYSE
Electrical Equipment & Parts
$6.74B$40.440.47%$516.00M21.86x0.84
CBAT
CBAK ENERGY TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$104.12M$1.17-0.85%$9.99M10.64x1.02
BDC
BELDEN INC
NYSE
Electrical Equipment & Parts
$3.56B$83.05-1.37%$322.15M25.40x1.61
LTBR
LIGHTBRIDGE CORP
NASDAQ
Electrical Equipment & Parts
$48.30M$4.170.00%-$7.89M-3.18x0.04
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$6.14B$191.610.00%$600.80M17.32x0.81
AZZ
AZZ INC
NYSE
Electrical Equipment & Parts
$1.06B$42.59-1.73%$122.56M12.49x1.58
MVST
MICROVAST HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$519.61M$1.68-3.45%-$135.64M-4.10x0.58
EAF
GRAFTECH INTERNATIONAL LTD
NYSE
Electrical Equipment & Parts
$1.42B$5.52-1.08%$651.10M3.05x4.78
LASE
LASER PHOTONICS CORP
NASDAQ
Electrical Equipment & Parts
$51.37M$6.52-5.51%$1.25M36.22x0.11
ENVX
ENOVIX CORP
NASDAQ
Electrical Equipment & Parts
$1.41B$8.97-1.32%-$119.76M-9.44x0.31
OPTT
OCEAN POWER TECHNOLOGIES INC
NYSEMKT
Electrical Equipment & Parts
$38.64M$0.691.62%-$21.92M-1.82x0.10
IPWR
IDEAL POWER INC
NASDAQ
Electrical Equipment & Parts
$73.62M$12.47-0.40%-$6.47M-11.44x0.09
VRT
VERTIV HOLDINGS CO
NYSE
Electrical Equipment & Parts
$5.36B$14.20-2.67%$532.50M74.74x4.39
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$28.93M$3.001.01%-$4.95M-4.84x0.86
FLUX
FLUX POWER HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$97.78M$6.104.81%-$11.97M-7.26x2.07
DCFC
TRITIUM DCFC LTD
NASDAQ
Electrical Equipment & Parts
$218.92M$1.43-4.67%-$107.21M-1.42x-6.26
EOSE
EOS ENERGY ENTERPRISES INC
NASDAQ
Electrical Equipment & Parts
$100.04M$1.35-2.17%-$185.05M-0.38x-2.57
BE
BLOOM ENERGY CORP
NYSE
Electrical Equipment & Parts
$4.71B$24.13-2.27%-$139.74M-14.99x8.63
HAYW
HAYWARD HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.87B$13.59-3.27%$388.26M13.46x1.37
NVX
NOVONIX LTD
NASDAQ
Electrical Equipment & Parts
$622.02M$5.12-1.16%-$48.84M-1,280.00x0.21
AULT
AULT ALLIANCE INC
NYSEMKT
Electrical Equipment & Parts
$50.66M$0.143.65%-$36.05M-0.16x0.49
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
NASDAQ
Electrical Equipment & Parts
$144.96M$2.97-4.50%N/AN/A0.53
KE
KIMBALL ELECTRONICS INC
NASDAQ
Electrical Equipment & Parts
$635.06M$25.701.22%$84.66M16.91x1.42
ESP
ESPEY MFG & ELECTRONICS CORP
NYSEMKT
Electrical Equipment & Parts
$43.67M$16.16-0.12%$2.70M23.09x0.25
ENR
ENERGIZER HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.53B$35.42-4.91%-$31.10M-10.09x34.00
FREY
FREYR BATTERY
NYSE
Electrical Equipment & Parts
$1.06B$9.121.33%-$150.62M-7.35x0.37
RFIL
R F INDUSTRIES LTD
NASDAQ
Electrical Equipment & Parts
$54.13M$5.31-0.56%$3.28M37.93x1.14
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
NASDAQ
Electrical Equipment & Parts
$21.31M$1.54-0.52%$2.76M-8.12x1.22
POLA
POLAR POWER INC
NASDAQ
Electrical Equipment & Parts
$23.96M$1.856.32%-$3.74M-5.78x0.31
SVT
SERVOTRONICS INC
NYSEMKT
Electrical Equipment & Parts
$29.12M$11.600.00%-$867.00k-16.11x0.37
BW
BABCOCK & WILCOX ENTERPRISES INC
NYSE
Electrical Equipment & Parts
$569.91M$6.430.16%$64.41M-45.93x-49.88
MPTI
M-TRON INDUSTRIES INC
NYSEMKT
Electrical Equipment & Parts
$29.89M$10.96-0.95%N/AN/A0.25
NEOV
NEOVOLTA INC
NASDAQ
Electrical Equipment & Parts
$70.78M$2.16-0.92%N/AN/A0.05
XPON
EXPION360 INC
NASDAQ
Electrical Equipment & Parts
$13.60M$2.00-1.48%N/AN/A0.40
AMPX
AMPRIUS TECHNOLOGIES INC
NYSE
Electrical Equipment & Parts
$506.81M$6.00-0.99%N/AN/A0.14
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
NASDAQ
Electrical Equipment & Parts
$296.85M$6.86-0.58%$384.02k-9.03x-1.28
ELBM
ELECTRA BATTERY MATERIALS CORP
NASDAQ
Electrical Equipment & Parts
$74.48M$2.28-1.72%N/AN/A0.52
BNRG
BRENMILLER ENERGY LTD
NASDAQ
Electrical Equipment & Parts
$28.74M$1.766.67%N/AN/A-0.20
BURU
NUBURU INC
NYSEMKT
Electrical Equipment & Parts
$294.86M$8.635.12%-$26.95M-3.75x7.09
GRFX
GRAPHEX GROUP LTD
NYSEMKT
Electrical Equipment & Parts
$57.81M$1.91-2.05%N/AN/A2.11

Electrical Equipment & Part Stocks FAQ

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

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

1. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the top electrical equipment & part stock with a Zen Score of 65, which is 36 points higher than the electrical equipment & part industry average of 29. It passed 25 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 52.13% over the past year, overperforming other electrical equipment & part stocks by 38 percentage points.

Encore Wire has an average 1 year price target of $190.00, an upside of 11.54% from Encore Wire's current stock price of $170.35.

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.

2. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the second best electrical equipment & part stock with a Zen Score of 63, which is 34 points higher than the electrical equipment & part industry average of 29. It passed 20 out of 33 due diligence checks and has strong fundamentals. Solid Power has seen its stock lose -46.55% over the past year, underperforming other electrical equipment & part stocks by -61 percentage points.

Solid Power has an average 1 year price target of $5.25, an upside of 53.96% from Solid Power's current stock price of $3.41.

Solid Power stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Solid Power, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hubbell (NYSE:HUBB)


Hubbell (NYSE:HUBB) is the third best electrical equipment & part stock with a Zen Score of 51, which is 22 points higher than the electrical equipment & part industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Hubbell has seen its stock return 30.57% over the past year, overperforming other electrical equipment & part stocks by 17 percentage points.

Hubbell has an average 1 year price target of $227.86, a downside of -5.92% from Hubbell's current stock price of $242.20.

Hubbell stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Hubbell, 14.29% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 14.29% have issued a Sell rating, and 14.29% 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. Energizer Holdings (NYSE:ENR)


Energizer Holdings (NYSE:ENR) has an annual dividend yield of 3.39%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.21%. 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 -34.2% indicates that its dividend yield might not be sustainable for the long-term.

2. Abb (NYSE:ABB)


Abb (NYSE:ABB) has an annual dividend yield of 2.62%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.21%. 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.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) has an annual dividend yield of 2.29%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.21%. 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 68.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -0.83% in the last day, and up 5.3% over the last week. Energizer Holdings was the among the top losers in the electrical equipment & parts industry, dropping -4.91% yesterday.

Energizer shares are trading lower after the company reported worse-than-expected Q1 results.

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. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 52.13% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 38 percentage points.

2. Preformed Line Products Co (NASDAQ:PLPC)


Preformed Line Products Co (NASDAQ:PLPC) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Preformed Line Products Co has a valuation score of 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Preformed Line Products Co's stock has gained 50.7% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 37 percentage points.

3. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Solid Power has a valuation score of 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Solid Power's stock has dropped -46.55% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -61 percentage points.

Are electrical equipment & part stocks a good buy now?

47.5% 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 8.59% 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 9.5x.
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.