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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
PPSI
PIONEER POWER SOLUTIONS INC
$38.93M$42.60M$3.27M$1.78M$0.18103.13%-10.01%N/AN/A2024-05-13
POWL
POWELL INDUSTRIES INC
$1.75B$766.47M$105.33M$77.45M$6.5038.63%10.38%330.46%N/A2024-04-30
WIRE
ENCORE WIRE CORP
$4.48B$2.54B$444.20M$316.19M$19.42-14.05%14.12%-46.12%38.22%
MAMO
MASSIMO GROUP
$185.85M$115.04M$16.36M$10.42M$0.2632.95%N/A225.00%N/A
ESP
ESPEY MFG & ELECTRONICS CORP
$61.38M$37.02M$6.38M$4.65M$1.897.19%4.91%62.93%27.54%2024-05-13
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.50B$1.66B$203.10M$128.28M$3.42-10.27%18.16%-35.83%-1.88%2024-05-01
ENR
ENERGIZER HOLDINGS INC
$2.04B$2.91B$409.90M$93.40M$1.31-1.94%10.14%N/A-5.52%2024-05-07
ENS
ENERSYS
$3.68B$3.66B$445.99M$274.13M$6.710.98%6.32%98.52%7.66%2024-05-22
AYI
ACUITY BRANDS INC
$7.75B$3.85B$590.20M$377.70M$12.11-6.35%0.31%5.30%8.22%
HUBB
HUBBELL INC
$21.57B$5.37B$1.16B$759.80M$14.148.59%3.69%39.59%16.57%
PLPC
PREFORMED LINE PRODUCTS CO
$606.08M$669.68M$105.16M$63.33M$12.875.13%9.73%16.68%19.51%2024-05-01
KE
KIMBALL ELECTRONICS INC
$517.28M$1.84B$129.62M$54.65M$2.1916.16%10.63%25.14%14.98%2024-05-08
NVT
NVENT ELECTRIC PLC
$12.29B$3.26B$720.30M$567.10M$3.4212.19%8.07%42.50%21.53%2024-05-17
ATKR
ATKORE INC
$6.66B$3.48B$970.93M$654.79M$16.93-10.84%13.22%-17.29%43.42%2024-05-07
CBAT
CBAK ENERGY TECHNOLOGY INC
$92.62M$204.44M$9.94M-$2.45M-$0.03-17.81%52.94%N/AN/A2024-05-08
HAYW
HAYWARD HOLDINGS INC
$2.91B$992.45M$227.73M$80.69M$0.38-24.48%N/A-53.66%N/A2024-05-30
GWH
ESS TECH INC
$123.65M$7.54M-$69.83M-$77.58M-$0.48743.40%N/AN/AN/A2024-05-08
ULBI
ULTRALIFE CORP
$176.36M$168.66M$19.24M$10.43M$0.6426.44%15.23%N/A-15.21%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$8.13M$20.32M$2.72M$1.22M$0.10-24.48%N/A-73.68%N/A
ZEO
ZEO ENERGY CORP
$197.26M$110.07M$8.21M$6.23M$6.2323.72%N/A-28.14%N/A
VRT
VERTIV HOLDINGS CO
$34.51B$6.86B$984.80M$460.20M$1.2120.59%9.88%505.00%N/A
ENVX
ENOVIX CORP
$984.06M$7.64M-$176.24M-$214.07M-$1.3523.25%N/AN/AN/A2024-05-06
AMPX
AMPRIUS TECHNOLOGIES INC
$147.47M$9.05M-$33.82M-$36.78M-$0.43105.33%N/AN/AN/A2024-05-08
FCEL
FUELCELL ENERGY INC
$380.47M$103.01M-$70.58M-$111.94M-$0.26-24.12%8.47%N/AN/A2024-06-06
SLDP
SOLID POWER INC
$296.99M$17.41M-$52.74M-$65.55M-$0.3747.68%N/AN/AN/A2024-05-07
BE
BLOOM ENERGY CORP
$2.15B$1.33B-$95.70M-$302.12M-$1.4211.20%16.08%N/AN/A2024-05-07
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$26.80M$433.89M$14.17M$3.87M$0.19-8.97%0.40%N/A-21.32%2024-04-30
LTBR
LIGHTBRIDGE CORP
$36.53M$0.00-$7.91M-$7.91M-$0.65N/AN/AN/AN/A2024-05-08
MVST
MICROVAST HOLDINGS INC
$123.08M$306.62M-$78.01M-$106.34M-$0.3449.94%11.97%N/AN/A2024-05-07
FLUX
FLUX POWER HOLDINGS INC
$72.91M$64.48M-$2.75M-$5.85M-$0.361.75%54.56%N/AN/A2024-05-09
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.51B$786.22M$105.62M$83.07M$1.354.47%7.17%-23.73%-7.65%2024-05-14
NVX
NOVONIX LTD
$270.03M$8.05MN/A-$46.25M-$0.0036.46%N/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$11.24M$4.93M-$31.69M-$30.30M-$0.5296.77%49.43%N/AN/A
PLUG
PLUG POWER INC
$1.63B$891.34M-$1.26B-$1.37B-$2.3027.07%38.61%N/AN/A2024-05-07
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$47.91M$64.39M$3.41M-$13.82M-$0.26-25.34%N/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$80.60M$58.79M-$32.85M-$39.73M-$0.45183,479.30%50.16%N/AN/A2024-05-06
IPWR
IDEAL POWER INC
$55.29M$198.87k-$9.62M-$9.95M-$1.61-2.16%N/AN/AN/A2024-05-02
FREY
FREYR BATTERY INC
$220.73M$0.00-$66.58M-$71.95M-$0.51N/AN/AN/AN/A2024-05-13
ELVA
ELECTROVAYA INC
$101.84M$44.06M-$1.25M-$1.48M-$0.04170.80%N/AN/AN/A2024-05-02
OESX
ORION ENERGY SYSTEMS INC
$27.68M$85.80M-$14.94M-$18.40M-$0.5710.26%8.01%N/AN/A2024-06-04
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$532.76M$58.18MN/A-$42.52M-$0.41168.16%N/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$19.02M$48.57M-$16.43M-$19.83M-$0.88297.05%N/AN/AN/A2024-05-06
XPON
EXPION360 INC
$16.40M$5.98M-$7.12M-$7.46M-$1.08-16.50%N/AN/AN/A2024-05-10
EOSE
EOS ENERGY ENTERPRISES INC
$151.58M$16.38M-$162.47M-$229.51M-$1.81-8.63%N/AN/AN/A2024-05-15
POLA
POLAR POWER INC
$6.45M$15.29M-$5.60M-$6.55M-$0.49-4.75%-8.65%N/AN/A2024-05-13
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$25.65M$15.94M$337.04k-$218.58k-$0.02-44.11%N/AN/AN/A
SVT
SERVOTRONICS INC
$30.39M$43.63M-$8.27M-$10.79M-$4.3724.00%-1.83%N/AN/A2024-05-13
NEOV
NEOVOLTA INC
$66.14M$3.13M-$1.94M-$1.94M-$0.06-20.56%N/AN/AN/A2024-05-29
STI
SOLIDION TECHNOLOGY INC
$178.63M$6.94k-$5.32M-$5.32MN/A-63.52%N/AN/AN/A
NXU
NXU INC
$165.32k$0.00-$62.86M-$63.30M-$966.00N/AN/AN/AN/A
SERV
SERVE ROBOTICS INC
N/A$207.55k-$20.69M-$24.81M-$1.7592.49%N/AN/AN/A
RFIL
R F INDUSTRIES LTD
$31.59M$67.28M-$2.60M-$3.28M-$0.31-22.38%4.94%N/AN/A2024-06-12
CAPT
CAPTIVISION INC
$144.68M$32.75M-$9.20M-$9.71M-$0.47144.32%N/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$413.50M$620.50M-$158.79M-$255.25M-$0.99-51.57%-20.02%N/AN/A2024-05-09
NCNC
NOCO-NOCO INC
$31.01M$0.00-$16.79M-$16.79M-$0.14N/AN/AN/AN/A
GTI
GRAPHJET TECHNOLOGY
$1.00B$0.00-$1.88M-$2.34M-$0.94N/AN/AN/AN/A

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. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the top 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 -34.01% over the past year, underperforming other electrical equipment & part stocks by -69 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 167.86% from Pioneer Power Solutions's current stock price of $3.92.

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.

2. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) is the second 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 265.04% over the past year, overperforming other electrical equipment & part stocks by 230 percentage points.

3. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the third 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. Encore Wire has seen its stock return 75.57% over the past year, overperforming other electrical equipment & part stocks by 41 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 2.97% from Encore Wire's current stock price of $284.06.

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.

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 4.23%, which is 3 percentage points higher than the electrical equipment & part industry average of 1%. 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 2.54%, which is 2 percentage points higher than the electrical equipment & part industry average of 1%. 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. Nvent Electric (NYSE:NVT)


Nvent Electric (NYSE:NVT) has an annual dividend yield of 1.22%, which is the same as the electrical equipment & part industry average of 1%. Nvent Electric's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Nvent Electric's dividend has shown consistent growth over the last 10 years.

Nvent Electric's dividend payout ratio of 20.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 0.59% in the last day, and up 3.16% over the last week. Ultralife was the among the top gainers in the electrical equipment & parts industry, gaining 22.68% yesterday.

Ultralife shares are trading higher after the company reported better-than-expected Q1 financial results.

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 100, which is 74 points higher than the electrical equipment & part industry average of 26. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 75.57% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 41 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 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 10.5% 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 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 -15.03% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -50 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 10.52% 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 34.4x.
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.