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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
WIRE
ENCORE WIRE CORP
United States
$4.14B15,763,91673.30%26.70%Net BuyingNet Buying
POWL
POWELL INDUSTRIES INC
United States
$1.70B11,967,71852.63%47.37%Net SellingNet Selling
PPSI
PIONEER POWER SOLUTIONS INC
United States
$56.70M9,930,0224.81%95.19%Net Selling
ESP
ESPEY MFG & ELECTRONICS CORP
United States
$68.45M2,710,93311.76%45.24%Net BuyingNet Buying
AYI
ACUITY BRANDS INC
United States
$8.28B30,816,75796.61%3.39%Net SellingNet Selling
AEIS
ADVANCED ENERGY INDUSTRIES INC
United States
$3.81B37,324,80064.18%35.82%Net SellingNet Buying
ENR
ENERGIZER HOLDINGS INC
United States
$2.11B71,782,33584.96%2.24%Net SellingNet Buying
ENS
ENERSYS
United States
$3.82B40,415,97550.04%49.96%Net SellingNet Buying
HUBB
HUBBELL INC
United States
$22.26B53,626,95687.38%12.62%Net SellingNet Selling
PLPC
PREFORMED LINE PRODUCTS CO
United States
$630.99M4,903,93925.38%74.62%Net SellingNet Selling
RAYA
ERAYAK POWER SOLUTION GROUP INC
China
$6.84M12,000,0000.34%0.00%
NVT
NVENT ELECTRIC PLC
United Kingdom
$12.45B165,069,20490.09%9.35%Net SellingNet Selling
KE
KIMBALL ELECTRONICS INC
United States
$538.42M24,869,20675.85%6.39%Net SellingNet Selling
ULBI
ULTRALIFE CORP
United States
$144.90M16,446,83221.75%78.25%Net BuyingNet Buying
ATKR
ATKORE INC
United States
$7.00B36,768,28297.30%2.70%Net SellingNet Selling
CBAT
CBAK ENERGY TECHNOLOGY INC
China
$93.52M89,919,1901.97%40.15%
HAYW
HAYWARD HOLDINGS INC
United States
$3.28B214,316,98668.75%31.25%Net SellingNet Selling
GWH
ESS TECH INC
United States
$126.45M174,898,08634.77%53.87%Net BuyingNet Buying
LTBR
LIGHTBRIDGE CORP
United States
$41.13M13,941,4802.87%97.13%Net SellingNet Buying
ZEO
ZEO ENERGY CORP
United States
$229.46M40,256,9643.20%90.99%
AMPX
AMPRIUS TECHNOLOGIES INC
United States
$242.73M91,597,8174.85%77.05%Net SellingNet Buying
VRT
VERTIV HOLDINGS CO
United States
$31.20B381,970,46986.45%13.55%Net SellingNet Selling
FCEL
FUELCELL ENERGY INC
United States
$537.72M451,862,05442.70%9.38%Net SellingNet Selling
BE
BLOOM ENERGY CORP
United States
$2.53B224,973,11877.00%13.33%Net SellingNet Selling
SLDP
SOLID POWER INC
United States
$367.62M181,091,82627.21%31.65%Net SellingNet Selling
ENVX
ENOVIX CORP
United States
$1.35B168,504,13650.86%23.24%Net SellingNet Selling
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
Taiwan
$28.45M20,616,2271.00%6.57%
FLUX
FLUX POWER HOLDINGS INC
United States
$73.24M16,532,4933.02%96.98%Net Selling
MVST
MICROVAST HOLDINGS INC
United States
$264.94M316,534,82520.67%31.08%Net Selling
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
China
$1.59B61,987,79164.78%0.00%
PLUG
PLUG POWER INC
United States
$2.35B684,255,08343.41%11.90%Net SellingNet Buying
NVX
NOVONIX LTD
Australia
$273.69M488,733,4610.02%0.00%
OPTT
OCEAN POWER TECHNOLOGIES INC
United States
$15.76M59,463,5736.87%4.92%Net BuyingNet Selling
FREY
FREYR BATTERY INC
United States
$234.70M139,705,23435.25%10.37%
ELVA
ELECTROVAYA INC
Canada
$123.83M33,832,78412.59%0.00%
IPWR
IDEAL POWER INC
United States
$52.91M5,945,34716.36%65.31%Net Selling
OESX
ORION ENERGY SYSTEMS INC
United States
$28.33M32,561,60147.68%50.67%Net Buying
DCFC
TRITIUM DCFC LTD
Australia
$7.53M142,007,2868.41%0.00%
EPOW
SUNRISE NEW ENERGY CO LTD
China
$23.05M25,361,5500.02%0.00%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
Ireland
$512.23M48,877,1622.20%0.62%
EOSE
EOS ENERGY ENTERPRISES INC
United States
$208.73M202,645,71646.82%14.22%Net SellingNet Selling
POLA
POLAR POWER INC
United States
$7.19M12,961,61225.88%48.02%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
Hong Kong
$32.63M11,250,0000.00%0.00%
XPON
EXPION360 INC
United States
$21.56M6,910,7172.80%33.93%Net SellingNet Selling
SVT
SERVOTRONICS INC
United States
$34.97M2,543,3137.72%92.28%Net BuyingNet Buying
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
United States
$32.16M59,550,8128.19%69.94%
SKYX
SKYX PLATFORMS CORP
United States
$120.74M92,166,41311.77%41.58%Net SellingNet Selling
STI
SOLIDION TECHNOLOGY INC
United States
$201.33M73,211,0001.77%97.28%
NEOV
NEOVOLTA INC
United States
$39.22M33,236,0915.11%14.84%
NXU
NXU INC
United States
$313.20k459,2320.02%99.98%Net Selling
RFIL
R F INDUSTRIES LTD
United States
$32.54M10,495,54823.14%32.97%Net Buying
CAPT
CAPTIVISION INC
United Kingdom
$188.77M28,820,0000.46%0.00%
EAF
GRAFTECH INTERNATIONAL LTD
United States
$354.43M256,831,87084.15%9.23%Net SellingNet Selling
GTI
GRAPHJET TECHNOLOGY
Malaysia
$1.02B144,163,0750.63%0.21%
NCNC
NOCO-NOCO INC
Singapore
$36.57M135,430,4520.38%2.98%

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Mar 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 48.01% over the past year, overperforming other electrical equipment & part stocks by 15 percentage points.

2. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) is the second 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. Powell Industries has seen its stock return 245.22% over the past year, overperforming other electrical equipment & part stocks by 213 percentage points.

3. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the third best electrical equipment & part stock with a Zen Score of 50, which is 22 points higher than the electrical equipment & part industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock return 120.46% over the past year, overperforming other electrical equipment & part stocks by 88 percentage points.

Pioneer Power Solutions has an average 1 year price target of $12.00, an upside of 110.16% from Pioneer Power Solutions's current stock price of $5.71.

Pioneer Power Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Pioneer Power Solutions, 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 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 4.08%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.94%. 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 2.28%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.94%. 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 1.13%, which is the same as the electrical equipment & part industry average of 0.94%. 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 1.2% in the last day, and up 1.4% over the last week.

We couldn't find a catalyst for why electrical equipment & part stocks are up.

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 61 points higher than the electrical equipment & part industry average of 25. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 48.01% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 15 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 71, which is 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 9.13% 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 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -5.15% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -38 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 3.07% 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 30.83x.
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