Sectors & Industries IndustrialsElectrical Equipment & Parts
Best Electrical Equipment & Part Stocks to Buy Now (2024)
Top electrical equipment & part stocks in 2024 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...

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PPSI	PIONEER POWER SOLUTIONS INC	NASDAQ	Electrical Equipment & Parts	$38.93M	$3.92	6.52%	$3.27M	21.78x	0.93
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$1.75B	$146.31	-1.96%	$105.33M	22.51x	1.21
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.48B	$284.06	0.58%	$444.20M	14.63x	0.13
MAMO	MASSIMO GROUP	NASDAQ	Electrical Equipment & Parts	$185.85M	$4.50	1.35%	$16.36M	17.31x	1.90
ESP	ESPEY MFG & ELECTRONICS CORP	NYSEMKT	Electrical Equipment & Parts	$61.38M	$22.64	-0.53%	$6.38M	11.98x	0.32
AEIS	ADVANCED ENERGY INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$3.50B	$93.78	1.01%	$203.10M	27.42x	1.24
ENR	ENERGIZER HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.04B	$28.40	-1.15%	$409.90M	21.68x	24.93
ENS	ENERSYS	NYSE	Electrical Equipment & Parts	$3.68B	$90.99	0.67%	$445.99M	13.56x	1.03
AYI	ACUITY BRANDS INC	NYSE	Electrical Equipment & Parts	$7.75B	$251.73	-0.54%	$590.20M	20.79x	0.64
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$21.57B	$402.27	0.93%	$1.16B	28.45x	1.40
PLPC	PREFORMED LINE PRODUCTS CO	NASDAQ	Electrical Equipment & Parts	$606.08M	$123.59	-0.82%	$105.16M	9.60x	0.45
KE	KIMBALL ELECTRONICS INC	NASDAQ	Electrical Equipment & Parts	$517.28M	$20.80	-0.76%	$129.62M	9.50x	1.34
NVT	NVENT ELECTRIC PLC	NYSE	Electrical Equipment & Parts	$12.29B	$74.44	0.98%	$720.30M	21.77x	0.96
ATKR	ATKORE INC	NYSE	Electrical Equipment & Parts	$6.66B	$181.21	1.17%	$970.93M	10.70x	0.95
CBAT	CBAK ENERGY TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$92.62M	$1.03	-1.90%	$9.94M	-34.33x	1.49
HAYW	HAYWARD HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.91B	$13.60	0.07%	$227.73M	35.79x	1.25
GWH	ESS TECH INC	NYSE	Electrical Equipment & Parts	$123.65M	$0.71	0.43%	-$69.83M	-1.47x	0.39
ULBI	ULTRALIFE CORP	NASDAQ	Electrical Equipment & Parts	$176.36M	$10.71	22.68%	$19.24M	16.73x	0.40
RAYA	ERAYAK POWER SOLUTION GROUP INC	NASDAQ	Electrical Equipment & Parts	$8.13M	$0.65	0.15%	$2.72M	6.53x	0.75
ZEO	ZEO ENERGY CORP	NASDAQ	Electrical Equipment & Parts	$197.26M	$4.90	-1.51%	$8.21M	0.79x	0.48
VRT	VERTIV HOLDINGS CO	NYSE	Electrical Equipment & Parts	$34.51B	$90.35	6.83%	$984.80M	74.67x	2.97
ENVX	ENOVIX CORP	NASDAQ	Electrical Equipment & Parts	$984.06M	$5.84	-2.99%	-$176.24M	-4.33x	1.18
AMPX	AMPRIUS TECHNOLOGIES INC	NYSE	Electrical Equipment & Parts	$147.47M	$1.61	-2.42%	-$33.82M	-3.74x	0.80
FCEL	FUELCELL ENERGY INC	NASDAQ	Electrical Equipment & Parts	$380.47M	$0.84	-2.43%	-$70.58M	-3.24x	0.27
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$296.99M	$1.64	-2.96%	-$52.74M	-4.43x	0.06
BE	BLOOM ENERGY CORP	NYSE	Electrical Equipment & Parts	$2.15B	$9.55	-0.93%	-$95.70M	-6.73x	3.77
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	NASDAQ	Electrical Equipment & Parts	$26.80M	$1.30	-5.11%	$14.17M	6.84x	1.05
LTBR	LIGHTBRIDGE CORP	NASDAQ	Electrical Equipment & Parts	$36.53M	$2.62	1.16%	-$7.91M	-4.03x	0.02
MVST	MICROVAST HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$123.08M	$0.39	-13.78%	-$78.01M	-1.14x	0.94
FLUX	FLUX POWER HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$72.91M	$4.41	3.52%	-$2.75M	-12.25x	4.10
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	NASDAQ	Electrical Equipment & Parts	$1.51B	$24.43	-0.37%	$105.62M	18.10x	0.49
NVX	NOVONIX LTD	NASDAQ	Electrical Equipment & Parts	$270.03M	$2.21	-2.64%	N/A	-552.50x	0.43
OPTT	OCEAN POWER TECHNOLOGIES INC	NYSEMKT	Electrical Equipment & Parts	$11.24M	$0.19	2.16%	-$31.69M	-0.36x	0.37
PLUG	PLUG POWER INC	NASDAQ	Electrical Equipment & Parts	$1.63B	$2.38	-1.24%	-$1.26B	-1.03x	0.69
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	NASDAQ	Electrical Equipment & Parts	$47.91M	$0.80	-5.69%	$3.41M	-3.06x	1.69
SKYX	SKYX PLATFORMS CORP	NASDAQ	Electrical Equipment & Parts	$80.60M	$0.83	0.00%	-$32.85M	-1.85x	3.71
IPWR	IDEAL POWER INC	NASDAQ	Electrical Equipment & Parts	$55.29M	$7.50	0.40%	-$9.62M	-4.66x	0.22
FREY	FREYR BATTERY INC	NYSE	Electrical Equipment & Parts	$220.73M	$1.58	1.94%	-$66.58M	-3.10x	0.15
ELVA	ELECTROVAYA INC	NASDAQ	Electrical Equipment & Parts	$101.84M	$3.01	-2.90%	-$1.25M	-75.25x	4.11
OESX	ORION ENERGY SYSTEMS INC	NASDAQ	Electrical Equipment & Parts	$27.68M	$0.85	-3.85%	-$14.94M	-1.49x	2.17
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	NASDAQ	Electrical Equipment & Parts	$532.76M	$10.90	0.00%	N/A	-26.52x	1.59
EPOW	SUNRISE NEW ENERGY CO LTD	NASDAQ	Electrical Equipment & Parts	$19.02M	$0.75	5.63%	-$16.43M	-0.85x	2.37
XPON	EXPION360 INC	NASDAQ	Electrical Equipment & Parts	$16.40M	$2.33	9.39%	-$7.12M	-2.16x	1.23
EOSE	EOS ENERGY ENTERPRISES INC	NASDAQ	Electrical Equipment & Parts	$151.58M	$0.75	-1.58%	-$162.47M	-0.41x	-2.68
POLA	POLAR POWER INC	NASDAQ	Electrical Equipment & Parts	$6.45M	$0.37	3.67%	-$5.60M	-0.75x	0.92
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	NASDAQ	Electrical Equipment & Parts	$25.65M	$2.28	-0.87%	$337.04k	-114.00x	0.54
SVT	SERVOTRONICS INC	NYSEMKT	Electrical Equipment & Parts	$30.39M	$11.95	-1.97%	-$8.27M	-2.73x	0.49
NEOV	NEOVOLTA INC	NASDAQ	Electrical Equipment & Parts	$66.14M	$1.99	-7.87%	-$1.94M	-33.17x	0.00
STI	SOLIDION TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$178.63M	$2.44	23.23%	-$5.32M	N/A	-2.65
NXU	NXU INC	NASDAQ	Electrical Equipment & Parts	$165.32k	$0.36	-0.28%	-$62.86M	-0.00x	1.28
SERV	SERVE ROBOTICS INC	NASDAQ	Electrical Equipment & Parts	N/A	$3.04	7.80%	-$20.69M	-1.74x	-1.70
RFIL	R F INDUSTRIES LTD	NASDAQ	Electrical Equipment & Parts	$31.59M	$3.01	2.03%	-$2.60M	-9.71x	1.05
CAPT	CAPTIVISION INC	NASDAQ	Electrical Equipment & Parts	$144.68M	$5.02	2.24%	-$9.20M	-10.68x	5.07
EAF	GRAFTECH INTERNATIONAL LTD	NYSE	Electrical Equipment & Parts	$413.50M	$1.61	-2.42%	-$158.79M	-1.63x	15.47
NCNC	NOCO-NOCO INC	NASDAQ	Electrical Equipment & Parts	$31.01M	$0.23	2.69%	-$16.79M	-1.64x	-1.19
GTI	GRAPHJET TECHNOLOGY	NASDAQ	Electrical Equipment & Parts	$1.00B	$6.95	-2.66%	-$1.88M	-7.39x	-3.43

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Apr 2024?

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

1. Pioneer Power Solutions (NASDAQ:PPSI)

Pioneer Power Solutions (NASDAQ:PPSI) is the top electrical equipment & part stock with a Zen Score of 57, which is 29 points higher than the electrical equipment & part industry average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock lose -34.01% over the past year, underperforming other electrical equipment & part stocks by -69 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 167.86% from Pioneer Power Solutions's current stock price of $3.92.

Pioneer Power Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Pioneer Power Solutions, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Powell Industries (NASDAQ:POWL)

Powell Industries (NASDAQ:POWL) is the second best electrical equipment & part stock with a Zen Score of 56, which is 28 points higher than the electrical equipment & part industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 265.04% over the past year, overperforming other electrical equipment & part stocks by 230 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third best electrical equipment & part stock with a Zen Score of 54, which is 26 points higher than the electrical equipment & part industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 75.57% over the past year, overperforming other electrical equipment & part stocks by 41 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 2.97% from Encore Wire's current stock price of $284.06.

Encore Wire stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Encore Wire, 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.

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

Out of 12 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 4.23%, which is 3 percentage points higher than the electrical equipment & part industry average of 1%. 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 91.6% indicates that its dividend yield might not be sustainable for the long-term.

2. Espey Mfg & Electronics (NYSEMKT:ESP)

Espey Mfg & Electronics (NYSEMKT:ESP) has an annual dividend yield of 2.54%, which is 2 percentage points higher than the electrical equipment & part industry average of 1%. Espey Mfg & Electronics's dividend payout is not stable, having dropped more than 10% two 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 26.5% indicates that its dividend yield is sustainable for the long-term.

3. Nvent Electric (NYSE:NVT)

Nvent Electric (NYSE:NVT) has an annual dividend yield of 1.22%, which is the same as the electrical equipment & part industry average of 1%. Nvent Electric's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Nvent Electric's dividend has shown consistent growth over the last 10 years.

Nvent Electric's dividend payout ratio of 20.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 0.59% in the last day, and up 3.16% over the last week. Ultralife was the among the top gainers in the electrical equipment & parts industry, gaining 22.68% yesterday.

Ultralife shares are trading higher after the company reported better-than-expected Q1 financial 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 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.

Encore Wire's stock has gained 75.57% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 41 percentage points.

2. Advanced Energy Industries (NASDAQ:AEIS)

Advanced Energy Industries (NASDAQ:AEIS) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Advanced Energy Industries has a valuation score of 86, which is 60 points higher than the electrical equipment & part industry average of 26. It passed 6 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 10.5% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -24 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 -15.03% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -50 percentage points.

Are electrical equipment & part stocks a good buy now?

45.16% 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 10.52% 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 34.4x.

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.