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...

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PPSI	PIONEER POWER SOLUTIONS INC	NASDAQ	Electrical Equipment & Parts	$39.12M	$3.94	-4.83%	$3.27M	21.89x	0.93
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$1.96B	$163.64	-2.16%	$137.82M	19.07x	1.16
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.45B	$282.00	0.00%	$444.20M	14.52x	0.13
ATKR	ATKORE INC	NYSE	Electrical Equipment & Parts	$5.60B	$153.60	-2.57%	$916.44M	9.44x	0.92
ENS	ENERSYS	NYSE	Electrical Equipment & Parts	$3.97B	$98.21	-0.36%	$445.99M	14.64x	1.03
AYI	ACUITY BRANDS INC	NYSE	Electrical Equipment & Parts	$8.13B	$263.84	-0.91%	$590.20M	21.79x	0.64
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$21.01B	$391.33	-3.31%	$1.17B	28.99x	1.34
ESP	ESPEY MFG & ELECTRONICS CORP	NYSEMKT	Electrical Equipment & Parts	$58.48M	$21.40	-6.55%	$6.54M	10.97x	0.35
ENR	ENERGIZER HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.22B	$30.95	0.32%	$397.10M	25.79x	21.41
CBAT	CBAK ENERGY TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$118.72M	$1.32	3.94%	$22.82M	14.67x	1.37
PLPC	PREFORMED LINE PRODUCTS CO	NASDAQ	Electrical Equipment & Parts	$654.64M	$133.11	-1.64%	$89.55M	12.70x	0.42
NVT	NVENT ELECTRIC PLC	NYSE	Electrical Equipment & Parts	$13.35B	$80.41	-4.40%	$766.30M	23.04x	0.92
ULBI	ULTRALIFE CORP	NASDAQ	Electrical Equipment & Parts	$191.84M	$11.65	-1.85%	$19.24M	18.20x	0.40
VRT	VERTIV HOLDINGS CO	NYSE	Electrical Equipment & Parts	$36.42B	$97.29	-6.99%	$878.40M	91.78x	4.45
AEIS	ADVANCED ENERGY INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$3.95B	$105.46	-1.87%	$179.00M	38.63x	1.21
RAYA	ERAYAK POWER SOLUTION GROUP INC	NASDAQ	Electrical Equipment & Parts	$8.96M	$0.72	15.76%	$2.72M	7.20x	0.75
NVX	NOVONIX LTD	NASDAQ	Electrical Equipment & Parts	$276.13M	$2.26	-3.00%	N/A	-565.00x	0.43
GWH	ESS TECH INC	NYSE	Electrical Equipment & Parts	$129.44M	$0.74	-5.25%	-$66.07M	-1.68x	0.41
FCEL	FUELCELL ENERGY INC	NASDAQ	Electrical Equipment & Parts	$375.05M	$0.83	-3.26%	-$70.58M	-3.19x	0.27
WBX	WALLBOX NV	NYSE	Electrical Equipment & Parts	$316.81M	$1.51	-0.66%	-$84.40M	-2.34x	2.23
FLUX	FLUX POWER HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$55.55M	$3.33	2.15%	-$3.76M	-7.74x	5.79
ENVX	ENOVIX CORP	NASDAQ	Electrical Equipment & Parts	$1.56B	$9.19	-1.61%	-$126.12M	-7.92x	1.21
SKYX	SKYX PLATFORMS CORP	NASDAQ	Electrical Equipment & Parts	$101.03M	$1.01	-6.48%	-$34.18M	-2.20x	4.50
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$315.14M	$1.78	-2.73%	-$53.08M	-4.68x	0.08
BE	BLOOM ENERGY CORP	NYSE	Electrical Equipment & Parts	$2.78B	$12.23	-4.90%	-$84.23M	-9.27x	3.86
HAYW	HAYWARD HOLDINGS INC	NYSE	Electrical Equipment & Parts	$3.15B	$14.68	-2.20%	$229.86M	36.70x	1.22
IPWR	IDEAL POWER INC	NASDAQ	Electrical Equipment & Parts	$57.40M	$7.47	5.21%	-$9.52M	-4.70x	0.10
AMPX	AMPRIUS TECHNOLOGIES INC	NYSE	Electrical Equipment & Parts	$122.81M	$1.30	-1.52%	-$32.92M	-3.02x	0.75
ELVA	ELECTROVAYA INC	NASDAQ	Electrical Equipment & Parts	$103.43M	$3.03	-1.94%	-$1.63M	-151.50x	3.85
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	NASDAQ	Electrical Equipment & Parts	$1.44B	$23.27	-0.60%	$98.29M	19.07x	0.46
MVST	MICROVAST HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$132.91M	$0.42	0.72%	-$69.40M	-1.31x	0.91
PLUG	PLUG POWER INC	NASDAQ	Electrical Equipment & Parts	$2.55B	$3.43	0.59%	-$1.34B	-1.42x	0.66
OPTT	OCEAN POWER TECHNOLOGIES INC	NYSEMKT	Electrical Equipment & Parts	$11.48M	$0.19	2.12%	-$31.69M	-0.37x	0.37
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	NASDAQ	Electrical Equipment & Parts	$30.31M	$1.47	-2.97%	$12.77M	7.74x	0.97
LTBR	LIGHTBRIDGE CORP	NASDAQ	Electrical Equipment & Parts	$34.93M	$2.42	2.54%	-$8.70M	-3.56x	0.03
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	NASDAQ	Electrical Equipment & Parts	$555.93M	$10.99	1.29%	-$42.46M	-9.05x	2.67
KE	KIMBALL ELECTRONICS INC	NASDAQ	Electrical Equipment & Parts	$559.81M	$22.51	-0.49%	$98.27M	17.45x	1.34
OESX	ORION ENERGY SYSTEMS INC	NASDAQ	Electrical Equipment & Parts	$32.11M	$0.99	15.46%	-$14.94M	-1.73x	2.17
FREY	FREYR BATTERY INC	NYSE	Electrical Equipment & Parts	$276.62M	$1.98	-1.49%	-$80.72M	-3.19x	0.15
EOSE	EOS ENERGY ENTERPRISES INC	NASDAQ	Electrical Equipment & Parts	$146.94M	$0.71	-2.35%	-$148.45M	-0.50x	-2.05
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	NASDAQ	Electrical Equipment & Parts	$61.11M	$1.01	9.78%	-$10.45M	-1.98x	3.97
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	NASDAQ	Electrical Equipment & Parts	$27.34M	$2.43	2.10%	$337.04k	-121.50x	0.54
SVT	SERVOTRONICS INC	NYSEMKT	Electrical Equipment & Parts	$30.86M	$12.11	-1.14%	-$6.69M	-3.09x	0.49
POLA	POLAR POWER INC	NASDAQ	Electrical Equipment & Parts	$8.75M	$0.50	-7.26%	-$6.60M	-0.96x	1.16
XPON	EXPION360 INC	NASDAQ	Electrical Equipment & Parts	$15.64M	$2.10	5.00%	-$7.12M	-1.93x	1.73
EPOW	SUNRISE NEW ENERGY CO LTD	NASDAQ	Electrical Equipment & Parts	$19.34M	$0.74	1.37%	-$17.78M	-0.69x	28.42
NEOV	NEOVOLTA INC	NASDAQ	Electrical Equipment & Parts	$85.75M	$2.58	-8.19%	-$1.90M	-43.00x	0.00
NXU	NXU INC	NASDAQ	Electrical Equipment & Parts	$212.17k	$0.46	2.67%	-$62.86M	-0.00x	1.28
STI	SOLIDION TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$161.06M	$2.20	1.85%	-$5.32M	N/A	-2.65
RFIL	R F INDUSTRIES LTD	NASDAQ	Electrical Equipment & Parts	$31.28M	$2.98	0.34%	-$2.60M	-9.61x	1.05
EAF	GRAFTECH INTERNATIONAL LTD	NYSE	Electrical Equipment & Parts	$457.76M	$1.78	-5.32%	-$177.66M	-1.65x	31.32
CAPT	CAPTIVISION INC	NASDAQ	Electrical Equipment & Parts	$139.10M	$4.80	0.00%	-$70.90M	-1.19x	-1.54
GTI	GRAPHJET TECHNOLOGY	NASDAQ	Electrical Equipment & Parts	$880.84M	$6.11	0.66%	-$1.88M	-6.50x	-3.43

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in May 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 -24.95% over the past year, underperforming other electrical equipment & part stocks by -60 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 166.5% from Pioneer Power Solutions's current stock price of $3.94.

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 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 196.34% over the past year, overperforming other electrical equipment & part stocks by 162 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third best electrical equipment & part stock with a Zen Score of 52, which is 24 points higher than the electrical equipment & part industry average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 72.43% over the past year, overperforming other electrical equipment & part stocks by 38 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 3.72% from Encore Wire's current stock price of $282.00.

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 3.88%, 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 100% 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 2.69%, which is 2 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 29.5% indicates that its dividend yield is sustainable for the long-term.

3. Hubbell (NYSE:HUBB)

Hubbell (NYSE:HUBB) has an annual dividend yield of 1.2%, 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 34.7% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -2.05% in the last day, and down -1.6% over the last week.

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

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

Encore Wire's stock has gained 72.43% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 38 percentage points.

2. Pioneer Power Solutions (NASDAQ:PPSI)

Pioneer Power Solutions (NASDAQ:PPSI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Pioneer Power Solutions 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.

Pioneer Power Solutions's stock has dropped -24.95% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -60 percentage points.

3. Hollysys Automation Technologies (NASDAQ:HOLI)

Hollysys Automation Technologies (NASDAQ:HOLI) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies 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.

Hollysys Automation Technologies's stock has gained 43.73% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 9 percentage points.

Are electrical equipment & part stocks a good buy now?

43.75% 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 10.66% 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 40.19x.

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.