WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsElectrical 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...
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
WIRE
ENCORE WIRE CORP
$283.600.18%-2.11%15.74%31.71%66.62%71.16%294.60%369.54%481.27%$295.90$138.204.16%105.21%1.09338,983-37.45%
PPSI
PIONEER POWER SOLUTIONS INC
$3.76-4.81%-0.79%-29.85%-26.85%-27.69%-40.69%-7.62%-30.11%-58.91%$9.84$3.6161.80%4.16%0.75154,7526.45%
POWL
POWELL INDUSTRIES INC
$143.395.33%14.36%-0.95%82.90%96.78%258.21%309.45%367.83%120.74%$197.87$38.9327.53%268.38%0.96283,633-20.38%
MAMO
MASSIMO GROUP
$4.360.69%15.65%N/AN/AN/AN/AN/AN/AN/A$4.66$2.906.44%50.34%-0.1844,175-67.74%
ESP
ESPEY MFG & ELECTRONICS CORP
$22.693.99%0.80%-10.67%7.84%48.10%1.95%41.19%-8.17%-16.49%$27.32$14.6916.95%54.46%0.355,765-57.04%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$93.102.27%-1.95%-4.46%-13.61%4.26%7.62%-20.03%62.90%289.38%$126.38$81.8626.33%13.73%1.54171,81741.13%
ENR
ENERGIZER HOLDINGS INC
$28.921.15%5.59%3.32%-10.10%-7.90%-11.40%-42.89%-40.43%N/A$37.32$26.9222.51%7.44%0.95529,34413.55%
ENS
ENERSYS
$91.101.11%1.05%-1.66%-7.15%3.53%9.44%-2.00%28.84%35.38%$113.34$79.9019.62%14.02%1.36221,28939.00%
AYI
ACUITY BRANDS INC
$255.192.24%1.27%-4.14%10.44%54.76%61.18%43.25%74.41%100.40%$272.74$149.306.43%70.92%1.15177,113-9.72%
HUBB
HUBBELL INC
$398.001.90%0.43%-3.66%20.26%41.95%71.26%108.25%217.23%240.87%$429.61$248.377.36%60.24%1.03255,009-34.68%
PLPC
PREFORMED LINE PRODUCTS CO
$123.270.69%0.13%0.22%0.81%-9.67%-1.63%88.34%116.30%101.72%$184.82$104.9633.30%17.44%0.889,142-33.56%
KE
KIMBALL ELECTRONICS INC
$21.080.91%1.49%2.48%-15.00%-15.31%1.05%-5.81%35.65%N/A$31.43$19.5232.93%8.00%1.0284,474-22.16%
ULBI
ULTRALIFE CORP
$8.41-3.22%-5.61%-8.59%18.79%-16.98%107.65%1.82%-23.48%121.32%$11.85$3.9229.03%114.54%0.6950,506-37.40%
NVT
NVENT ELECTRIC PLC
$72.521.90%-0.86%-2.04%25.19%52.90%65.53%141.57%157.16%N/A$78.98$40.198.18%80.45%1.231,436,921-20.92%
ATKR
ATKORE INC
$179.983.71%4.55%-0.28%17.57%44.48%38.45%136.10%612.79%N/A$194.98$116.147.69%54.97%1.40462,317-43.42%
CBAT
CBAK ENERGY TECHNOLOGY INC
$1.014.88%6.32%-2.88%-9.01%27.69%23.02%-78.42%9.78%-65.17%$1.45$0.7430.34%36.49%1.0548,705-52.68%
GWH
ESS TECH INC
$0.700.58%5.43%-0.29%-32.79%-48.98%-34.67%-92.94%N/AN/A$2.12$0.6167.03%14.40%1.54418,730-10.81%
HAYW
HAYWARD HOLDINGS INC
$13.702.01%1.48%-8.73%10.75%9.60%17.09%-21.62%N/AN/A$16.04$9.8014.59%39.80%1.391,334,34727.52%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$0.641.42%7.17%-5.72%-18.61%-21.87%-68.79%N/AN/AN/A$2.68$0.4476.01%46.14%1.5634,72328.10%
LTBR
LIGHTBRIDGE CORP
$2.500.40%-3.85%-13.19%-21.14%-46.64%-34.21%-52.02%-77.60%-98.22%$6.70$2.4062.69%4.38%1.0572,564283.49%
ZEO
ZEO ENERGY CORP
$5.14-0.19%-1.15%-13.47%-54.59%-54.27%-51.92%N/AN/AN/A$12.34$4.7558.35%8.21%-0.0315,98087.71%
ENVX
ENOVIX CORP
$6.030.84%-12.48%-23.18%-38.97%-37.51%-54.47%-55.07%N/AN/A$23.90$5.8074.77%3.97%2.152,721,276-38.49%
AMPX
AMPRIUS TECHNOLOGIES INC
$1.753.55%3.55%-31.64%-60.85%-43.55%-81.38%N/AN/AN/A$10.63$1.5883.54%10.76%0.34180,710-76.29%
VRT
VERTIV HOLDINGS CO
$79.174.08%-3.87%-3.39%47.51%112.31%521.92%263.67%686.98%N/A$88.70$12.2210.74%547.87%1.287,274,622-33.02%
FCEL
FUELCELL ENERGY INC
$0.9213.04%-8.10%-17.95%-28.20%-16.45%-54.50%-90.99%-70.54%-99.74%$2.94$0.7968.74%16.33%1.8953,741,8613.07%
SLDP
SOLID POWER INC
$1.713.01%6.88%7.55%14.77%24.82%-26.29%-82.92%N/AN/A$3.20$1.1046.56%55.03%1.482,102,609-2.83%
BE
BLOOM ENERGY CORP
$9.835.47%-0.51%-2.09%-17.60%-12.62%-45.02%-61.65%-23.56%N/A$18.76$8.4147.60%16.86%1.886,499,561-0.81%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.371.48%0.00%5.38%-2.84%11.38%-10.46%-58.48%-39.41%-48.07%$2.36$1.2041.95%14.17%0.232,8072,951.09%
MVST
MICROVAST HOLDINGS INC
$0.46-9.16%-13.96%-40.55%-53.42%-62.62%-56.98%-95.96%-95.36%N/A$2.91$0.4584.33%0.88%0.744,062,230137.44%
FLUX
FLUX POWER HOLDINGS INC
$4.347.16%-5.45%4.33%-13.20%29.17%35.20%-61.90%-62.26%-85.53%$5.87$2.9726.00%46.13%0.9367,168-8.77%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$24.40-0.39%-1.09%-5.43%-3.52%29.31%56.71%86.12%15.26%6.04%$27.26$15.1310.48%61.32%0.66126,279-15.11%
OPTT
OCEAN POWER TECHNOLOGIES INC
$0.191.07%-10.43%-26.46%-40.00%-40.94%-62.94%-92.67%-92.56%-99.97%$0.77$0.1875.42%6.78%0.92225,853-27.88%
PLUG
PLUG POWER INC
$2.594.02%-4.07%-22.22%-30.38%-55.95%-72.06%-90.74%2.37%-59.59%$13.44$2.2680.73%14.45%1.7633,428,05843.34%
NVX
NOVONIX LTD
$2.395.52%-7.00%8.14%61.49%16.59%-7.00%N/AN/AN/A$3.59$1.4033.43%70.71%1.527,306-78.07%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$0.8110.35%31.92%58.82%70.17%-28.95%-83.57%N/AN/AN/A$5.33$0.4384.80%90.59%0.46724,603-44.77%
SKYX
SKYX PLATFORMS CORP
$0.85-2.18%-8.89%-32.46%-46.48%-45.80%-75.19%N/AN/AN/A$3.96$0.7278.51%17.70%0.8399,898-1.87%
IPWR
IDEAL POWER INC
$7.904.08%-0.75%-3.07%7.19%-6.61%-25.65%-21.24%57.97%-90.88%$13.98$6.6143.49%19.52%1.0616,227-39.56%
FREY
FREYR BATTERY INC
$1.600.00%-8.05%1.91%10.34%-54.15%-78.35%-83.98%N/AN/A$10.10$1.2184.16%32.23%0.701,195,68839.17%
ELVA
ELECTROVAYA INC
$3.05-0.65%3.74%-22.78%-14.57%8.54%N/AN/AN/AN/A$5.50$2.3444.55%30.34%0.8325,928131.46%
OESX
ORION ENERGY SYSTEMS INC
$0.850.00%-2.30%-2.30%-23.42%-17.48%-50.29%-86.64%-46.54%-84.46%$1.94$0.8156.19%4.42%0.9211,071-63.46%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$10.900.00%1.02%7.81%61.48%68.21%456.12%11.68%N/AN/A$11.48$1.915.05%472.18%0.415,596-80.21%
EPOW
SUNRISE NEW ENERGY CO LTD
$0.75-4.09%-8.19%-16.65%-20.19%-51.86%-64.58%-76.31%N/AN/A$2.95$0.7074.54%7.13%0.7223,19476.29%
XPON
EXPION360 INC
$2.21-4.12%19.46%-29.84%-47.75%-52.98%-55.71%N/AN/AN/A$6.39$1.7965.41%23.46%1.10185,844-36.13%
EOSE
EOS ENERGY ENTERPRISES INC
$0.77-0.52%-5.43%-22.99%-28.98%-52.06%-63.65%-94.41%N/AN/A$5.67$0.7086.46%9.57%1.815,512,331-0.56%
POLA
POLAR POWER INC
$0.34-5.82%-15.84%-30.61%-10.53%-64.21%-73.64%-96.88%-92.72%N/A$1.88$0.3281.91%6.25%1.0469,78899.09%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$2.301.77%-11.20%-24.09%-76.43%N/AN/AN/AN/AN/A$30.00$2.1192.33%9.00%0.4869,60133.29%
SVT
SERVOTRONICS INC
$11.51-2.04%-7.55%-8.87%-15.54%9.62%-5.27%45.83%-7.25%47.56%$14.32$8.8019.62%30.80%0.26521208.28%
NXU
NXU INC
$0.37-2.36%-15.26%-42.77%-70.71%-94.00%-99.50%N/AN/AN/A$129.00$0.3499.71%9.41%2.19181,431-76.26%
NEOV
NEOVOLTA INC
$1.995.29%-4.78%91.71%19.16%-3.40%-5.24%N/AN/AN/A$4.40$0.6354.77%217.89%0.07116,414-62.05%
STI
SOLIDION TECHNOLOGY INC
$1.5210.95%-30.91%-47.77%-81.53%-86.00%-85.55%N/AN/AN/A$13.85$0.3789.03%309.70%0.12363,94652.04%
SERV
SERVE ROBOTICS INC
$3.170.63%1.93%N/AN/AN/AN/AN/AN/AN/A$4.96$2.3336.09%36.05%-0.23264,164-78.78%
RFIL
R F INDUSTRIES LTD
$2.990.34%-1.97%-3.55%-0.66%4.18%-28.30%-54.35%-58.76%-53.21%$5.08$2.5141.14%19.12%0.587,58745.79%
CAPT
CAPTIVISION INC
$5.86-1.51%18.38%-9.92%27.11%0.17%-43.98%N/AN/AN/A$12.00$1.1551.17%409.57%0.1273,434-58.15%
EAF
GRAFTECH INTERNATIONAL LTD
$1.57-1.88%-0.63%22.66%-2.48%-51.24%-66.74%-87.15%-87.40%N/A$5.32$1.1870.46%33.05%1.282,031,861-13.76%
NCNC
NOCO-NOCO INC
$0.23-4.17%-11.20%-29.45%67.88%-42.36%-97.80%N/AN/AN/A$11.42$0.1297.99%85.48%-0.25117,348-33.22%
GTI
GRAPHJET TECHNOLOGY
$7.31-3.18%-28.47%-8.63%-36.43%-34.26%-30.71%N/AN/AN/A$14.00$3.4047.79%115.00%-0.1018,890-46.15%

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. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the top electrical equipment & part stock with a Zen Score of 58, which is 30 points higher than the electrical equipment & part industry average of 28. It passed 22 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 71.16% over the past year, overperforming other electrical equipment & part stocks by 37 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 3.14% from Encore Wire's current stock price of $283.60.

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.

2. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the second best 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 -40.69% over the past year, underperforming other electrical equipment & part stocks by -74 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 179.26% from Pioneer Power Solutions's current stock price of $3.76.

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.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) is the third 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 258.21% over the past year, overperforming other electrical equipment & part stocks by 224 percentage points.

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 4.15%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.98%. 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 2.53%, which is 2 percentage points higher than the electrical equipment & part industry average of 0.98%. 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. Hubbell (NYSE:HUBB)


Hubbell (NYSE:HUBB) has an annual dividend yield of 1.18%, which is the same as the electrical equipment & part industry average of 0.98%. Hubbell's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hubbell's dividend has shown consistent growth over the last 10 years.

Hubbell's dividend payout ratio of 32.4% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 1.98% in the last day, and up 0.87% over the last week. Plug Power was the among the top gainers in the electrical equipment & parts industry, gaining 4.02% yesterday.

Plug Power shares are trading higher after the company reached nameplate capacity at its hydrogen plants in Georgia and Tennessee.

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. Advanced Energy Industries (NASDAQ:AEIS)


Advanced Energy Industries (NASDAQ:AEIS) is the 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 7.62% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -26 percentage points.

2. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Encore Wire 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.

Encore Wire's stock has gained 71.16% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 37 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 -10.46% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -44 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 11.52% 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 29.78x.
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.