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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
$4.14B$262.783.79%$516.69M11.91x0.13
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$1.70B$142.301.58%$105.33M21.89x1.21
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$56.70M$5.716.13%$3.27M31.72x0.93
ESP
ESPEY MFG & ELECTRONICS CORP
NYSEMKT
Electrical Equipment & Parts
$68.45M$25.250.68%$6.38M13.36x0.32
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$8.28B$268.730.43%$587.00M22.74x0.68
AEIS
ADVANCED ENERGY INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$3.81B$101.98-0.04%$203.10M29.82x1.24
ENR
ENERGIZER HOLDINGS INC
NYSE
Electrical Equipment & Parts
$2.11B$29.441.13%$409.90M22.47x24.93
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$3.82B$94.460.31%$445.99M14.08x1.03
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$22.26B$415.050.29%$1.16B29.35x1.40
PLPC
PREFORMED LINE PRODUCTS CO
NASDAQ
Electrical Equipment & Parts
$630.99M$128.672.69%$105.16M10.00x0.45
RAYA
ERAYAK POWER SOLUTION GROUP INC
NASDAQ
Electrical Equipment & Parts
$6.84M$0.57-11.08%$3.29M3.17x0.81
NVT
NVENT ELECTRIC PLC
NYSE
Electrical Equipment & Parts
$12.45B$75.40-0.01%$720.30M22.05x0.96
KE
KIMBALL ELECTRONICS INC
NASDAQ
Electrical Equipment & Parts
$538.42M$21.650.00%$129.62M9.89x1.34
ULBI
ULTRALIFE CORP
NASDAQ
Electrical Equipment & Parts
$144.90M$8.81-2.44%$15.08M20.02x0.42
ATKR
ATKORE INC
NYSE
Electrical Equipment & Parts
$7.00B$190.362.31%$970.93M11.24x0.95
CBAT
CBAK ENERGY TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$93.52M$1.040.00%$9.94M-34.67x1.49
HAYW
HAYWARD HOLDINGS INC
NYSE
Electrical Equipment & Parts
$3.28B$15.31-1.29%$227.73M40.29x1.25
GWH
ESS TECH INC
NYSE
Electrical Equipment & Parts
$126.45M$0.72-3.60%-$69.83M-1.51x0.39
LTBR
LIGHTBRIDGE CORP
NASDAQ
Electrical Equipment & Parts
$41.13M$2.95-1.99%-$7.91M-4.54x0.02
ZEO
ZEO ENERGY CORP
NASDAQ
Electrical Equipment & Parts
$229.46M$5.70-5.16%$8.21M0.91x0.48
AMPX
AMPRIUS TECHNOLOGIES INC
NYSE
Electrical Equipment & Parts
$242.73M$2.650.38%-$33.82M-6.16x0.80
VRT
VERTIV HOLDINGS CO
NYSE
Electrical Equipment & Parts
$31.20B$81.670.81%$984.80M67.50x2.97
FCEL
FUELCELL ENERGY INC
NASDAQ
Electrical Equipment & Parts
$537.72M$1.192.59%-$70.58M-4.58x0.27
BE
BLOOM ENERGY CORP
NYSE
Electrical Equipment & Parts
$2.53B$11.241.90%-$95.70M-7.92x3.77
SLDP
SOLID POWER INC
NASDAQ
Electrical Equipment & Parts
$367.62M$2.035.73%-$52.74M-5.49x0.06
ENVX
ENOVIX CORP
NASDAQ
Electrical Equipment & Parts
$1.35B$8.01-0.25%-$176.24M-5.93x1.18
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
NASDAQ
Electrical Equipment & Parts
$28.45M$1.386.98%$14.17M7.26x1.05
FLUX
FLUX POWER HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$73.24M$4.431.84%-$2.75M-12.31x4.10
MVST
MICROVAST HOLDINGS INC
NASDAQ
Electrical Equipment & Parts
$264.94M$0.84-0.48%-$90.49M-2.26x0.80
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
NASDAQ
Electrical Equipment & Parts
$1.59B$25.58-0.16%$105.62M18.95x0.49
PLUG
PLUG POWER INC
NASDAQ
Electrical Equipment & Parts
$2.35B$3.440.29%-$1.26B-1.50x0.69
NVX
NOVONIX LTD
NASDAQ
Electrical Equipment & Parts
$273.69M$2.240.00%N/A-560.00x0.43
OPTT
OCEAN POWER TECHNOLOGIES INC
NYSEMKT
Electrical Equipment & Parts
$15.76M$0.27-1.12%-$31.69M-0.51x0.37
FREY
FREYR BATTERY INC
NYSE
Electrical Equipment & Parts
$234.70M$1.681.82%-$66.58M-3.29x0.15
ELVA
ELECTROVAYA INC
NASDAQ
Electrical Equipment & Parts
$123.83M$3.66-2.14%-$1.25M-91.50x4.11
IPWR
IDEAL POWER INC
NASDAQ
Electrical Equipment & Parts
$52.91M$8.900.45%-$9.21M-5.82x0.18
OESX
ORION ENERGY SYSTEMS INC
NASDAQ
Electrical Equipment & Parts
$28.33M$0.87-1.14%-$14.94M-1.53x2.17
DCFC
TRITIUM DCFC LTD
NASDAQ
Electrical Equipment & Parts
$7.53M$0.05-5.36%-$83.89M-0.07x-2.92
EPOW
SUNRISE NEW ENERGY CO LTD
NASDAQ
Electrical Equipment & Parts
$23.05M$0.917.07%-$16.43M-1.03x2.37
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
NASDAQ
Electrical Equipment & Parts
$512.23M$10.481.26%N/A-25.50x1.59
EOSE
EOS ENERGY ENTERPRISES INC
NASDAQ
Electrical Equipment & Parts
$208.73M$1.030.00%-$162.47M-0.57x-2.68
POLA
POLAR POWER INC
NASDAQ
Electrical Equipment & Parts
$7.19M$0.56-10.63%-$3.91M-1.54x0.92
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
NASDAQ
Electrical Equipment & Parts
$32.63M$2.901.40%$337.04k-145.00x0.54
XPON
EXPION360 INC
NASDAQ
Electrical Equipment & Parts
$21.56M$3.120.00%-$6.42M-3.25x0.71
SVT
SERVOTRONICS INC
NYSEMKT
Electrical Equipment & Parts
$34.97M$13.754.72%-$8.27M-3.15x0.49
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
NASDAQ
Electrical Equipment & Parts
$32.16M$0.542.27%-$31.61M-0.55x2.39
SKYX
SKYX PLATFORMS CORP
NASDAQ
Electrical Equipment & Parts
$120.74M$1.31-7.09%-$25.30M-2.98x3.59
STI
SOLIDION TECHNOLOGY INC
NASDAQ
Electrical Equipment & Parts
$201.33M$2.75-5.82%-$3.71MN/A0.03
NEOV
NEOVOLTA INC
NASDAQ
Electrical Equipment & Parts
$39.22M$1.1816.83%-$1.94M-19.67x0.00
NXU
NXU INC
NASDAQ
Electrical Equipment & Parts
$313.20k$0.68-2.29%-$62.86M-0.00x1.28
RFIL
R F INDUSTRIES LTD
NASDAQ
Electrical Equipment & Parts
$32.54M$3.10-0.96%-$2.60M-10.00x1.05
CAPT
CAPTIVISION INC
NASDAQ
Electrical Equipment & Parts
$188.77M$6.550.15%-$9.20M-13.94x5.07
EAF
GRAFTECH INTERNATIONAL LTD
NYSE
Electrical Equipment & Parts
$354.43M$1.386.15%-$158.79M-1.39x15.47
GTI
GRAPHJET TECHNOLOGY
NASDAQ
Electrical Equipment & Parts
$1.02B$7.071.00%-$1.88M-7.52x-3.43
NCNC
NOCO-NOCO INC
NASDAQ
Electrical Equipment & Parts
$36.57M$0.274.65%-$16.79M-1.93x-1.19

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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