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...

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

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
WIRE	ENCORE WIRE CORP	$283.60	338,983	-37.45%	278.60	270.55	246.29	229.42	202.27	66.87	72.83	75.53	53.38	61.49	11.96	11.45	0.51	1.09
PPSI	PIONEER POWER SOLUTIONS INC	$3.76	154,752	6.45%	3.94	4.41	4.90	5.26	5.87	33.23	19.45	13.15	72.17	46.09	-0.39	-0.35	-0.05	0.75
POWL	POWELL INDUSTRIES INC	$143.39	283,633	-20.38%	130.02	133.42	148.48	120.16	98.96	57.10	67.32	45.98	95.80	76.04	-3.20	-4.55	1.35	0.96
MAMO	MASSIMO GROUP	$4.36	44,175	-67.74%	15.43	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.18
ESP	ESPEY MFG & ELECTRONICS CORP	$22.69	5,765	-57.04%	22.47	23.73	24.74	22.12	19.16	38.29	26.90	22.22	18.07	6.10	-0.75	-0.57	-0.18	0.35
AEIS	ADVANCED ENERGY INDUSTRIES INC	$93.10	171,817	41.13%	93.96	96.81	98.69	101.40	102.99	42.69	16.83	8.54	21.73	9.35	-2.13	-1.54	-0.59	1.54
ENR	ENERGIZER HOLDINGS INC	$28.92	529,344	13.55%	27.90	28.22	28.64	30.15	31.71	57.90	87.96	67.78	100.00	81.82	-0.12	-0.27	0.15	0.95
ENS	ENERSYS	$91.10	221,289	39.00%	90.47	91.38	91.31	93.91	95.53	49.34	35.89	26.64	51.71	38.82	-0.48	-0.44	-0.03	1.36
AYI	ACUITY BRANDS INC	$255.19	177,113	-9.72%	254.05	260.34	255.74	234.56	201.00	47.56	20.82	11.71	19.13	8.30	-2.14	-0.18	-1.97	1.15
HUBB	HUBBELL INC	$398.00	255,009	-34.68%	397.36	406.36	392.05	359.17	333.31	48.97	15.11	10.50	16.43	7.27	-0.81	2.52	-3.33	1.03
PLPC	PREFORMED LINE PRODUCTS CO	$123.27	9,142	-33.56%	123.62	125.10	128.05	128.01	141.45	45.44	29.87	22.66	52.46	36.50	-1.33	-1.15	-0.18	0.88
KE	KIMBALL ELECTRONICS INC	$21.08	84,474	-22.16%	20.83	21.12	21.32	23.04	25.26	49.35	34.80	31.63	55.49	42.75	-0.16	-0.18	0.02	1.02
ULBI	ULTRALIFE CORP	$8.41	50,506	-37.40%	8.76	9.03	9.05	8.06	8.26	41.44	9.34	13.74	7.59	11.96	-0.11	-0.03	-0.09	0.69
NVT	NVENT ELECTRIC PLC	$72.52	1,436,921	-20.92%	73.03	74.49	70.58	64.31	58.59	49.00	11.83	7.85	6.85	2.56	0.26	1.01	-0.75	1.23
ATKR	ATKORE INC	$179.98	462,317	-43.42%	173.40	179.05	170.53	160.07	151.92	55.28	27.73	15.83	40.44	19.30	-0.05	0.91	-0.96	1.40
CBAT	CBAK ENERGY TECHNOLOGY INC	$1.01	48,705	-52.68%	0.95	0.98	1.01	1.03	0.98	53.39	66.59	58.70	90.87	84.11	-0.02	-0.02	0.01	1.05
GWH	ESS TECH INC	$0.70	418,730	-10.81%	0.68	0.70	0.78	0.93	1.24	45.80	34.62	26.07	82.05	54.53	-0.03	-0.03	0.01	1.54
HAYW	HAYWARD HOLDINGS INC	$13.70	1,334,347	27.52%	13.57	14.21	14.01	13.39	13.22	44.78	17.13	9.57	30.13	13.94	-0.24	-0.12	-0.12	1.39
RAYA	ERAYAK POWER SOLUTION GROUP INC	$0.64	34,723	28.10%	0.66	0.63	0.69	0.74	0.97	48.79	49.30	51.77	68.19	72.45	-0.01	-0.02	0.00	1.56
LTBR	LIGHTBRIDGE CORP	$2.50	72,564	283.49%	2.61	2.75	2.84	3.07	3.96	33.39	9.87	7.89	1.55	0.52	-0.11	-0.08	-0.03	1.05
ZEO	ZEO ENERGY CORP	$5.14	15,980	87.71%	5.21	5.46	7.40	9.35	10.23	29.76	30.95	25.07	65.72	33.02	-0.59	-0.69	0.10	-0.03
ENVX	ENOVIX CORP	$6.03	2,721,276	-38.49%	6.63	7.17	8.59	10.04	11.93	31.56	11.26	9.83	24.68	18.77	-0.67	-0.60	-0.07	2.15
AMPX	AMPRIUS TECHNOLOGIES INC	$1.75	180,710	-76.29%	1.78	2.06	2.74	3.50	4.20	29.73	16.51	13.08	71.44	53.88	-0.31	-0.32	0.01	0.34
VRT	VERTIV HOLDINGS CO	$79.17	7,274,622	-33.02%	81.12	81.75	74.54	62.57	49.42	50.33	21.89	22.36	12.64	5.85	1.00	2.33	-1.33	1.28
FCEL	FUELCELL ENERGY INC	$0.92	53,741,861	3.07%	1.00	1.07	1.15	1.25	1.37	38.02	12.52	6.21	13.82	4.61	-0.07	-0.04	-0.03	1.89
SLDP	SOLID POWER INC	$1.71	2,102,609	-2.83%	1.65	1.76	1.64	1.53	1.78	53.11	30.17	20.89	40.64	23.67	-0.00	0.02	-0.02	1.48
BE	BLOOM ENERGY CORP	$9.83	6,499,561	-0.81%	10.20	10.86	10.21	11.72	12.83	41.76	10.04	6.34	8.82	2.94	-0.23	-0.01	-0.22	1.88
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$1.37	2,807	2,951.09%	1.38	1.37	1.35	1.35	1.46	50.66	6.67	11.79	6.83	6.18	0.00	0.01	-0.00	0.23
MVST	MICROVAST HOLDINGS INC	$0.46	4,062,230	137.44%	0.50	0.59	0.69	0.91	1.38	34.08	14.86	15.49	48.11	43.12	-0.07	-0.07	-0.00	0.74
FLUX	FLUX POWER HOLDINGS INC	$4.34	67,168	-8.77%	4.45	4.52	4.54	4.36	4.25	47.30	12.87	10.80	10.23	4.90	-0.04	0.01	-0.05	0.93
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$24.40	126,279	-15.11%	24.90	25.27	25.49	25.41	22.38	30.90	31.07	32.31	23.72	19.93	-0.30	-0.18	-0.12	0.66
OPTT	OCEAN POWER TECHNOLOGIES INC	$0.19	225,853	-27.88%	0.21	0.24	0.27	0.30	0.36	22.86	8.60	9.37	20.20	9.73	-0.02	-0.02	-0.01	0.92
PLUG	PLUG POWER INC	$2.59	33,428,058	43.34%	2.76	3.01	3.38	3.73	5.91	33.40	7.49	7.04	9.67	5.42	-0.24	-0.20	-0.04	1.76
NVX	NOVONIX LTD	$2.39	7,306	-78.07%	2.57	2.52	2.42	2.07	2.16	46.98	14.07	11.75	5.36	2.92	0.00	0.06	-0.05	1.52
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$0.81	724,603	-44.77%	0.62	0.56	0.54	0.53	1.05	70.81	76.83	77.71	81.78	90.33	0.06	0.02	0.04	0.46
SKYX	SKYX PLATFORMS CORP	$0.85	99,898	-1.87%	0.95	1.07	1.22	1.41	1.57	28.03	28.19	21.44	5.87	11.68	-0.11	-0.09	-0.02	0.83
IPWR	IDEAL POWER INC	$7.90	16,227	-39.56%	7.71	7.98	9.45	8.73	9.36	44.47	34.15	17.07	66.67	34.27	-0.58	-0.60	0.02	1.06
FREY	FREYR BATTERY INC	$1.60	1,195,688	39.17%	1.76	1.79	1.70	1.69	3.57	41.25	7.97	6.54	0.00	0.00	-0.01	0.04	-0.04	0.70
ELVA	ELECTROVAYA INC	$3.05	25,928	131.46%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.83
OESX	ORION ENERGY SYSTEMS INC	$0.85	11,071	-63.46%	0.87	0.88	0.92	0.95	1.14	39.49	6.73	10.47	8.02	20.84	-0.02	-0.02	-0.00	0.92
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$10.90	5,596	-80.21%	10.65	10.50	10.33	8.68	7.74	61.79	100.00	100.00	100.00	100.00	0.19	0.16	0.03	0.41
EPOW	SUNRISE NEW ENERGY CO LTD	$0.75	23,194	76.29%	0.80	0.84	0.87	0.94	1.39	34.53	32.42	38.72	1.44	11.55	-0.03	-0.02	-0.01	0.72
XPON	EXPION360 INC	$2.21	185,844	-36.13%	2.19	2.38	3.16	3.98	4.32	42.82	33.82	43.73	62.42	68.29	-0.25	-0.33	0.08	1.10
EOSE	EOS ENERGY ENTERPRISES INC	$0.77	5,512,331	-0.56%	0.82	0.91	0.96	1.03	1.70	31.88	14.65	9.60	14.57	8.55	-0.06	-0.05	-0.02	1.81
POLA	POLAR POWER INC	$0.34	69,788	99.09%	0.40	0.46	0.43	0.43	0.78	36.30	3.47	5.40	5.65	5.12	-0.03	-0.01	-0.02	1.04
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$2.30	69,601	33.29%	10.09	10.07	10.12	N/A	N/A	51.16	66.67	77.22	80.30	90.15	-0.00	-0.01	0.01	0.48
SVT	SERVOTRONICS INC	$11.51	521	208.28%	12.11	12.48	12.86	12.68	11.95	39.04	27.56	20.90	6.97	8.13	-0.34	-0.25	-0.09	0.26
NXU	NXU INC	$0.37	181,431	-76.26%	0.45	0.56	0.73	1.42	17.04	22.55	8.55	7.62	8.10	4.16	-0.11	-0.10	-0.01	2.19
NEOV	NEOVOLTA INC	$1.99	116,414	-62.05%	1.98	1.77	1.41	1.53	2.05	58.95	46.30	51.15	8.16	4.95	0.19	0.20	-0.01	0.07
STI	SOLIDION TECHNOLOGY INC	$1.52	363,946	52.04%	2.14	2.55	1.76	4.78	7.79	38.35	3.10	2.56	2.80	0.93	-0.22	-0.02	-0.21	0.12
SERV	SERVE ROBOTICS INC	$3.17	264,164	-78.78%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.23
RFIL	R F INDUSTRIES LTD	$2.99	7,587	45.79%	3.04	3.06	3.14	3.04	3.17	39.30	3.33	21.02	5.22	24.04	-0.03	-0.03	-0.00	0.58
CAPT	CAPTIVISION INC	$5.86	73,434	-58.15%	5.19	5.62	6.01	5.19	6.70	54.85	61.85	32.74	64.77	32.70	-0.17	-0.21	0.04	0.12
EAF	GRAFTECH INTERNATIONAL LTD	$1.57	2,031,861	-13.76%	1.61	1.52	1.54	1.74	2.72	50.81	41.72	38.61	33.09	28.63	0.01	0.01	0.00	1.28
NCNC	NOCO-NOCO INC	$0.23	117,348	-33.22%	0.25	0.26	0.23	0.21	2.04	45.64	36.63	35.39	16.24	18.68	0.00	0.01	-0.01	-0.25
GTI	GRAPHJET TECHNOLOGY	$7.31	18,890	-46.15%	8.85	8.14	9.36	10.41	10.76	42.26	23.79	35.25	16.25	30.05	-0.33	-0.26	-0.07	-0.10

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.