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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PPSI	PIONEER POWER SOLUTIONS INC	United States	$39.12M	9,930,022	5.00%	95.00%	Net Selling
POWL	POWELL INDUSTRIES INC	United States	$1.96B	11,987,838	55.85%	44.15%	Net Selling	Net Selling
WIRE	ENCORE WIRE CORP	United States	$4.45B	15,788,916	72.47%	27.53%	Net Buying	Net Buying
ATKR	ATKORE INC	United States	$5.60B	36,430,497	97.27%	2.73%	Net Selling	Net Selling
ENS	ENERSYS	United States	$3.97B	40,415,975	49.29%	50.71%	Net Selling	Net Buying
AYI	ACUITY BRANDS INC	United States	$8.13B	30,797,872	92.42%	3.43%	Net Selling	Net Selling
HUBB	HUBBELL INC	United States	$21.01B	53,685,997	87.37%	12.63%	Net Selling	Net Selling
ESP	ESPEY MFG & ELECTRONICS CORP	United States	$58.48M	2,732,762	14.99%	44.88%	Net Buying	Net Buying
ENR	ENERGIZER HOLDINGS INC	United States	$2.22B	71,790,434	84.48%	2.24%	Net Selling
CBAT	CBAK ENERGY TECHNOLOGY INC	China	$118.72M	89,939,190	2.11%	40.15%
PLPC	PREFORMED LINE PRODUCTS CO	United States	$654.64M	4,918,036	25.29%	74.71%	Net Selling	Net Selling
NVT	NVENT ELECTRIC PLC	United Kingdom	$13.35B	166,019,014	89.67%	9.35%	Net Selling	Net Selling
ULBI	ULTRALIFE CORP	United States	$191.84M	16,466,594	22.21%	77.79%	Net Buying	Net Buying
VRT	VERTIV HOLDINGS CO	United States	$36.42B	374,344,987	81.11%	13.56%	Net Selling	Net Selling
AEIS	ADVANCED ENERGY INDUSTRIES INC	United States	$3.95B	37,442,660	63.13%	36.87%	Net Selling	Net Selling
RAYA	ERAYAK POWER SOLUTION GROUP INC	China	$8.96M	12,450,000	0.12%	0.00%
NVX	NOVONIX LTD	Australia	$276.13M	488,733,461	0.02%	0.00%
GWH	ESS TECH INC	United States	$129.44M	174,918,926	32.28%	54.27%	Net Buying	Net Buying
FCEL	FUELCELL ENERGY INC	United States	$375.05M	451,862,054	41.50%	9.38%	Net Selling	Net Selling
WBX	WALLBOX NV	Spain	$316.81M	209,807,006	3.68%	0.00%
FLUX	FLUX POWER HOLDINGS INC	United States	$55.55M	16,682,465	3.09%	96.91%	Net Selling	Net Selling
ENVX	ENOVIX CORP	United States	$1.56B	170,000,050	48.30%	23.82%	Net Selling	Net Selling
SKYX	SKYX PLATFORMS CORP	United States	$101.03M	100,032,804	10.81%	38.35%	Net Selling	Net Selling
SLDP	SOLID POWER INC	United States	$315.14M	177,045,891	25.53%	32.34%	Net Selling	Net Selling
BE	BLOOM ENERGY CORP	United States	$2.78B	227,020,024	73.20%	13.45%	Net Selling	Net Selling
HAYW	HAYWARD HOLDINGS INC	United States	$3.15B	214,858,340	68.49%	31.51%	Net Selling	Net Selling
IPWR	IDEAL POWER INC	United States	$57.40M	7,684,238	25.10%	50.53%	Net Selling
AMPX	AMPRIUS TECHNOLOGIES INC	United States	$122.81M	94,472,655	5.22%	75.78%	Net Selling	Net Buying
ELVA	ELECTROVAYA INC	Canada	$103.43M	34,134,165	13.10%	0.00%
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	China	$1.44B	61,987,791	63.81%	0.00%
MVST	MICROVAST HOLDINGS INC	United States	$132.91M	317,196,095	20.41%	31.20%	Net Selling
PLUG	PLUG POWER INC	United States	$2.55B	742,559,081	36.46%	11.02%	Net Buying	Net Buying
OPTT	OCEAN POWER TECHNOLOGIES INC	United States	$11.48M	59,463,573	5.97%	4.92%	Net Buying
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	Taiwan	$30.31M	20,616,227	1.03%	6.57%
LTBR	LIGHTBRIDGE CORP	United States	$34.93M	14,434,480	2.88%	97.12%	Net Selling	Net Buying
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	Ireland	$555.93M	50,584,758	8.16%	0.60%
KE	KIMBALL ELECTRONICS INC	United States	$559.81M	24,869,206	76.09%	6.39%	Net Selling
OESX	ORION ENERGY SYSTEMS INC	United States	$32.11M	32,561,601	47.26%	50.67%	Net Buying
FREY	FREYR BATTERY INC	United States	$276.62M	139,705,234	34.47%	26.32%	Net Buying	Net Buying
EOSE	EOS ENERGY ENTERPRISES INC	United States	$146.94M	208,127,550	39.64%	13.96%	Net Selling	Net Buying
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	United States	$61.11M	60,509,476	7.82%	72.33%
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	Hong Kong	$27.34M	11,250,000	0.00%	0.00%
SVT	SERVOTRONICS INC	United States	$30.86M	2,548,673	7.14%	92.86%	Net Selling	Net Selling
POLA	POLAR POWER INC	United States	$8.75M	17,561,612	18.79%	35.44%
XPON	EXPION360 INC	United States	$15.64M	7,445,261	2.50%	31.49%	Net Selling
EPOW	SUNRISE NEW ENERGY CO LTD	China	$19.34M	26,141,350	0.10%	0.00%
NEOV	NEOVOLTA INC	United States	$85.75M	33,236,091	4.96%	14.84%
NXU	NXU INC	United States	$212.17k	459,232	0.21%	99.79%	Net Selling
STI	SOLIDION TECHNOLOGY INC	United States	$161.06M	73,211,000	2.38%	97.28%
RFIL	R F INDUSTRIES LTD	United States	$31.28M	10,495,548	23.16%	32.97%	Net Buying
EAF	GRAFTECH INTERNATIONAL LTD	United States	$457.76M	257,167,127	68.59%	31.41%	Net Selling	Net Buying
CAPT	CAPTIVISION INC	United Kingdom	$139.10M	28,979,828	0.40%	0.00%
GTI	GRAPHJET TECHNOLOGY	Malaysia	$880.84M	144,163,075	0.02%	0.21%

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.