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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$3.70B$235.001.56%$516.69M10.65x0.13
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$48.16M$4.85-1.62%$3.27M26.94x0.93
PLPC
PREFORMED LINE PRODUCTS CO
NASDAQ
Electrical Equipment & Parts
$645.74M$131.96-4.38%$123.70M8.86x0.52
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$2.10B$175.642.23%$105.33M27.02x1.21
ENR
ENERGIZER HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.05B$28.62-0.28%$409.90M21.85x24.93
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$19.89B$370.820.91%$1.16B26.22x1.40
ESP
ESPEY MFG & ELECTRONICS CORP
NYSEMKT
Electrical Equipment & Parts
$68.23M$25.17-0.13%$6.38M13.32x0.32
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$3.66B$90.46-0.04%$445.99M13.48x1.03
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$7.71B$250.06-0.04%$587.00M21.16x0.68
KE
KIMBALL ELECTRONICS INC
NASDAQ
Electrical Equipment & Parts
$550.11M$22.12-1.29%$129.62M10.10x1.34
NVT
NVENT ELECTRIC PLC
NYSE
Electrical Equipment & Parts
$10.92B$66.14-0.15%$720.30M19.34x0.96
AEIS
ADVANCED ENERGY INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$3.66B$98.13-0.71%$203.10M28.69x1.24
ATKR
ATKORE INC
NYSE
Electrical Equipment & Parts
$6.03B$163.930.27%$970.93M9.68x0.95
RAYA
ERAYAK POWER SOLUTION GROUP INC
NASDAQ
Electrical Equipment & Parts
$9.36M$0.782.63%$3.29M4.33x0.81
GWH
ESS TECH INC
NYSE
Electrical Equipment & Parts
$145.67M$0.84-6.55%-$83.87M-1.50x0.36
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
NASDAQ
Electrical Equipment & Parts
$1.59B$25.70-0.27%$141.01M13.46x0.47
LTBR
LIGHTBRIDGE CORP
NASDAQ
Electrical Equipment & Parts
$36.04M$2.78-2.80%-$7.45M-4.48x0.03
AMPX
AMPRIUS TECHNOLOGIES INC
NYSE
Electrical Equipment & Parts
$284.64M$3.22-4.45%-$30.41M-8.26x0.32
VRT
VERTIV HOLDINGS CO
NYSE
Electrical Equipment & Parts
$25.25B$66.10-0.26%$984.80M54.63x2.97
CBAT
CBAK ENERGY TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$88.59M$0.991.43%-$1.98M-9.90x1.46
FCEL
FUELCELL ENERGY INC
NASDAQ
Electrical Equipment & Parts
$551.20M$1.22-1.61%-$72.88M-4.69x0.29
BE
BLOOM ENERGY CORP
NYSE
Electrical Equipment & Parts
$2.02B$8.99-3.54%-$95.70M-6.33x3.77
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
NASDAQ
Electrical Equipment & Parts
$28.04M$1.365.43%$14.17M7.16x1.05
SLDP
SOLID POWER INC
NASDAQ
Electrical Equipment & Parts
$302.42M$1.67-3.47%-$52.74M-4.51x0.06
FLUX
FLUX POWER HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$74.89M$4.53-11.87%-$2.75M-12.58x4.10
MVST
MICROVAST HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$256.71M$0.81-3.45%-$90.49M-2.19x0.80
ULBI
ULTRALIFE CORP
NASDAQ
Electrical Equipment & Parts
$147.88M$9.05-2.16%$11.44M36.20x0.45
NVX
NOVONIX LTD
NASDAQ
Electrical Equipment & Parts
$282.24M$2.313.82%-$43.58M-577.50x0.43
HAYW
HAYWARD HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.80B$13.090.69%$213.20M40.91x1.25
PLUG
PLUG POWER INC
NASDAQ
Electrical Equipment & Parts
$2.08B$3.43-3.38%-$845.50M-2.14x0.55
OPTT
OCEAN POWER TECHNOLOGIES INC
NYSEMKT
Electrical Equipment & Parts
$17.70M$0.30-0.33%-$30.55M-0.58x0.25
ENVX
ENOVIX CORP
NASDAQ
Electrical Equipment & Parts
$1.59B$9.46-6.24%-$153.50M-9.01x1.06
OESX
ORION ENERGY SYSTEMS INC
NASDAQ
Electrical Equipment & Parts
$31.94M$0.982.19%-$14.94M-1.72x2.17
IPWR
IDEAL POWER INC
NASDAQ
Electrical Equipment & Parts
$68.97M$11.606.81%-$9.21M-7.58x0.18
ELVA
ELECTROVAYA INC
NASDAQ
Electrical Equipment & Parts
$137.87M$4.08-0.85%-$1.25M-101.88x4.11
DCFC
TRITIUM DCFC LTD
NASDAQ
Electrical Equipment & Parts
$20.31M$0.14-1.38%-$83.89M-0.18x-2.92
EPOW
SUNRISE NEW ENERGY CO LTD
NASDAQ
Electrical Equipment & Parts
$21.68M$0.86-1.72%-$16.43M-0.97x2.37
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
NASDAQ
Electrical Equipment & Parts
$493.66M$10.100.00%N/A-24.57x1.59
EOSE
EOS ENERGY ENTERPRISES INC
NASDAQ
Electrical Equipment & Parts
$157.12M$0.990.61%-$178.33M-0.40x-2.20
POLA
POLAR POWER INC
NASDAQ
Electrical Equipment & Parts
$5.04M$0.392.37%-$3.91M-1.08x0.92
FREY
FREYR BATTERY INC
NYSE
Electrical Equipment & Parts
$231.91M$1.66-1.19%-$18.73M-15.09x0.17
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
NASDAQ
Electrical Equipment & Parts
$34.09M$3.0311.40%$337.04k-151.50x0.54
SVT
SERVOTRONICS INC
NYSEMKT
Electrical Equipment & Parts
$33.10M$13.26-0.92%-$10.46M-2.58x0.57
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
NASDAQ
Electrical Equipment & Parts
$33.35M$0.561.82%-$31.61M-0.57x2.39
SKYX
SKYX PLATFORMS CORP
NASDAQ
Electrical Equipment & Parts
$111.52M$1.21-1.63%-$25.30M-2.75x3.59
NXU
NXU INC
NASDAQ
Electrical Equipment & Parts
$326.06k$0.71-13.31%-$62.86M-0.00x1.28
STI
SOLIDION TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$43.49M$0.59-6.60%-$3.71MN/A0.03
NEOV
NEOVOLTA INC
NASDAQ
Electrical Equipment & Parts
$42.71M$1.291.18%-$1.94M-21.42x0.00
RFIL
R F INDUSTRIES LTD
NASDAQ
Electrical Equipment & Parts
$33.72M$3.26-0.61%-$1.82M-10.87x1.07
CAPT
CAPTIVISION INC
NASDAQ
Electrical Equipment & Parts
$167.44M$5.812.47%-$9.20M-12.36x5.07
XPON
EXPION360 INC
NASDAQ
Electrical Equipment & Parts
$27.30M$3.950.00%-$6.42M-4.11x0.71
EAF
GRAFTECH INTERNATIONAL LTD
NYSE
Electrical Equipment & Parts
$405.79M$1.588.97%-$158.79M-1.60x15.47
NCNC
NOCO-NOCO INC
NASDAQ
Electrical Equipment & Parts
$25.33M$0.191.63%-$16.79M-1.34x-1.19

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Feb 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 31 points higher than the electrical equipment & part industry average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 21.76% over the past year, overperforming other electrical equipment & part stocks by 5 percentage points.

2. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the second best electrical equipment & part stock with a Zen Score of 54, which is 27 points higher than the electrical equipment & part industry average of 27. It passed 17 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock return 68.99% over the past year, overperforming other electrical equipment & part stocks by 52 percentage points.

Pioneer Power Solutions has an average 1 year price target of $12.00, an upside of 147.42% from Pioneer Power Solutions's current stock price of $4.85.

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.

3. Preformed Line Products Co (NASDAQ:PLPC)


Preformed Line Products Co (NASDAQ:PLPC) is the third best electrical equipment & part stock with a Zen Score of 49, which is 22 points higher than the electrical equipment & part industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Preformed Line Products Co has seen its stock return 48% over the past year, overperforming other electrical equipment & part stocks by 31 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 4.19%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.93%. 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 1.99%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.93%. 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 1.26%, which is the same as the electrical equipment & part industry average of 0.93%. 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 0.13% in the last day, and up 5.17% 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 63 points higher than the electrical equipment & part industry average of 23. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 21.76% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 5 percentage points.

2. Hollysys Automation Technologies (NASDAQ:HOLI)


Hollysys Automation Technologies (NASDAQ:HOLI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies has a valuation score of 71, which is 48 points higher than the electrical equipment & part industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Hollysys Automation Technologies's stock has gained 39.75% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 23 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 48 points higher than the electrical equipment & part industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -6.21% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -23 percentage points.

Are electrical equipment & part stocks a good buy now?

42.86% 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 6.01% 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 25.22x.
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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.