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

Ticker	Company	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	$39.12M	$42.60M	$3.27M	$1.78M	$0.18	103.13%	-10.01%	N/A	N/A
POWL	POWELL INDUSTRIES INC	$1.96B	$850.13M	$137.82M	$102.46M	$8.58	42.53%	11.64%	269.83%	236.12%
WIRE	ENCORE WIRE CORP	$4.45B	$2.54B	$444.20M	$316.19M	$19.42	-14.05%	14.12%	-46.12%	38.22%
ATKR	ATKORE INC	$5.60B	$3.38B	$916.44M	$618.55M	$16.27	-11.52%	12.25%	-17.41%	44.53%	2024-05-30
ENS	ENERSYS	$3.97B	$3.66B	$445.99M	$274.13M	$6.71	0.98%	6.32%	98.52%	7.66%	2024-05-22
AYI	ACUITY BRANDS INC	$8.13B	$3.85B	$590.20M	$377.70M	$12.11	-6.35%	0.31%	5.30%	8.22%	2024-06-27
HUBB	HUBBELL INC	$21.01B	$5.49B	$1.17B	$725.70M	$13.50	8.06%	3.69%	32.48%	14.60%	2024-06-04
ESP	ESPEY MFG & ELECTRONICS CORP	$58.48M	$35.47M	$6.54M	$4.82M	$1.95	-0.73%	1.65%	57.26%	19.21%
ENR	ENERGIZER HOLDINGS INC	$2.22B	$2.89B	$397.10M	$85.80M	$1.20	-2.60%	7.88%	N/A	20.62%
CBAT	CBAK ENERGY TECHNOLOGY INC	$118.72M	$220.86M	$22.82M	$8.77M	$0.09	4.71%	53.06%	N/A	N/A
PLPC	PREFORMED LINE PRODUCTS CO	$654.64M	$628.76M	$89.55M	$51.53M	$10.48	-7.62%	8.41%	-18.57%	18.16%
NVT	NVENT ELECTRIC PLC	$13.35B	$3.40B	$766.30M	$578.40M	$3.49	14.98%	8.96%	36.33%	21.65%
ULBI	ULTRALIFE CORP	$191.84M	$168.66M	$19.24M	$10.43M	$0.64	26.44%	15.23%	N/A	-15.21%
VRT	VERTIV HOLDINGS CO	$36.42B	$6.98B	$878.40M	$404.00M	$1.06	15.27%	5.50%	241.94%	N/A	2024-06-19
AEIS	ADVANCED ENERGY INDUSTRIES INC	$3.95B	$1.56B	$179.00M	$102.58M	$2.73	-16.80%	18.60%	-47.30%	-1.74%
RAYA	ERAYAK POWER SOLUTION GROUP INC	$8.96M	$20.32M	$2.72M	$1.22M	$0.10	-24.48%	N/A	-73.68%	N/A
NVX	NOVONIX LTD	$276.13M	$8.05M	N/A	-$46.25M	-$0.00	36.46%	N/A	N/A	N/A
GWH	ESS TECH INC	$129.44M	$9.91M	-$66.07M	-$73.99M	-$0.44	682.46%	N/A	N/A	N/A
FCEL	FUELCELL ENERGY INC	$375.05M	$103.01M	-$70.58M	-$111.94M	-$0.26	-24.12%	8.47%	N/A	N/A	2024-06-06
WBX	WALLBOX NV	$316.81M	$154.59M	-$84.40M	-$120.50M	-$0.65	4.14%	77.72%	N/A	N/A
FLUX	FLUX POWER HOLDINGS INC	$55.55M	$63.85M	-$3.76M	-$7.04M	-$0.43	-2.19%	53.90%	N/A	N/A
ENVX	ENOVIX CORP	$1.56B	$12.90M	-$126.12M	-$186.84M	-$1.16	107.22%	N/A	N/A	N/A	2024-06-13
SKYX	SKYX PLATFORMS CORP	$101.03M	$77.75M	-$34.18M	-$41.45M	-$0.46	221,571.68%	58.06%	N/A	N/A
SLDP	SOLID POWER INC	$315.14M	$19.57M	-$53.08M	-$67.60M	-$0.38	46.22%	N/A	N/A	N/A	2024-06-29
BE	BLOOM ENERGY CORP	$2.78B	$1.29B	-$84.23M	-$288.07M	-$1.32	1.59%	16.21%	N/A	N/A
HAYW	HAYWARD HOLDINGS INC	$3.15B	$994.89M	$229.86M	$82.12M	$0.40	-10.68%	N/A	-24.53%	N/A	2024-05-30
IPWR	IDEAL POWER INC	$57.40M	$276.95k	-$9.52M	-$9.90M	-$1.59	250.90%	N/A	N/A	N/A
AMPX	AMPRIUS TECHNOLOGIES INC	$122.81M	$10.71M	-$32.92M	-$37.56M	-$0.43	259.64%	N/A	N/A	N/A
ELVA	ELECTROVAYA INC	$103.43M	$48.61M	-$1.63M	-$1.11M	-$0.02	75.08%	N/A	N/A	N/A	2024-06-12
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$1.44B	$792.05M	$98.29M	$75.41M	$1.22	3.60%	7.16%	-28.24%	-10.38%
MVST	MICROVAST HOLDINGS INC	$132.91M	$341.00M	-$69.40M	-$101.58M	-$0.32	58.75%	N/A	N/A	N/A	2024-06-04
PLUG	PLUG POWER INC	$2.55B	$801.32M	-$1.34B	-$1.46B	-$2.41	3.94%	36.46%	N/A	N/A	2024-06-05
OPTT	OCEAN POWER TECHNOLOGIES INC	$11.48M	$4.93M	-$31.69M	-$30.30M	-$0.52	96.77%	49.43%	N/A	N/A	2024-07-10
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$30.31M	$425.77M	$12.77M	$3.87M	$0.19	-1.87%	-0.01%	0.00%	-1.98%
LTBR	LIGHTBRIDGE CORP	$34.93M	$0.00	-$8.70M	-$8.70M	-$0.68	N/A	N/A	N/A	N/A
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$555.93M	$115.47M	-$42.46M	-$59.23M	-$1.22	324.35%	N/A	N/A	N/A
KE	KIMBALL ELECTRONICS INC	$559.81M	$1.78B	$98.27M	$32.17M	$1.29	4.69%	9.33%	-31.02%	2.50%
OESX	ORION ENERGY SYSTEMS INC	$32.11M	$85.80M	-$14.94M	-$18.40M	-$0.57	10.26%	8.01%	N/A	N/A	2024-06-04
FREY	FREYR BATTERY INC	$276.62M	$0.00	-$80.72M	-$87.76M	-$0.62	N/A	N/A	N/A	N/A
EOSE	EOS ENERGY ENTERPRISES INC	$146.94M	$14.14M	-$148.45M	-$204.61M	-$1.40	-39.71%	N/A	N/A	N/A	2024-06-12
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$61.11M	$58.11M	-$10.45M	-$29.08M	-$0.51	-33.01%	N/A	N/A	N/A
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$27.34M	$15.94M	$337.04k	-$218.58k	-$0.02	-44.11%	N/A	N/A	N/A
SVT	SERVOTRONICS INC	$30.86M	$45.02M	-$6.69M	-$9.62M	-$3.92	28.33%	-1.80%	N/A	N/A
POLA	POLAR POWER INC	$8.75M	$12.88M	-$6.60M	-$7.58M	-$0.52	-22.13%	-13.71%	N/A	N/A
XPON	EXPION360 INC	$15.64M	$5.45M	-$7.12M	-$7.67M	-$1.09	-16.41%	N/A	N/A	N/A
EPOW	SUNRISE NEW ENERGY CO LTD	$19.34M	$45.05M	-$17.78M	-$24.23M	-$1.08	18.16%	27.18%	N/A	N/A
NEOV	NEOVOLTA INC	$85.75M	$2.79M	-$1.90M	-$1.90M	-$0.06	-23.41%	N/A	N/A	N/A	2024-05-29
NXU	NXU INC	$212.17k	$0.00	-$62.86M	-$63.30M	-$966.00	N/A	N/A	N/A	N/A
STI	SOLIDION TECHNOLOGY INC	$161.06M	$6.94k	-$5.32M	-$5.32M	N/A	-63.52%	N/A	N/A	N/A
RFIL	R F INDUSTRIES LTD	$31.28M	$67.28M	-$2.60M	-$3.28M	-$0.31	-22.38%	4.94%	N/A	N/A	2024-06-12
EAF	GRAFTECH INTERNATIONAL LTD	$457.76M	$618.28M	-$177.66M	-$278.75M	-$1.08	-41.33%	-20.27%	N/A	N/A
CAPT	CAPTIVISION INC	$139.10M	$14.64M	-$70.90M	-$76.99M	-$4.05	-27.51%	N/A	N/A	N/A
GTI	GRAPHJET TECHNOLOGY	$880.84M	$0.00	-$1.88M	-$2.34M	-$0.94	N/A	N/A	N/A	N/A

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.