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
PPSI	PIONEER POWER SOLUTIONS INC	$3.94	101,445	69.68%	3.96	3.90	4.54	4.91	5.53	44.48	70.65	74.69	79.79	88.83	-0.10	-0.16	0.06	0.75
POWL	POWELL INDUSTRIES INC	$163.64	181,657	-17.52%	162.14	154.94	146.72	132.10	107.20	58.23	52.62	51.85	32.60	33.87	6.34	5.66	0.68	0.96
WIRE	ENCORE WIRE CORP	$282.00	209,900	-19.36%	281.32	281.99	263.94	243.47	211.71	60.67	33.62	26.94	24.18	14.45	4.00	5.44	-1.44	1.08
ATKR	ATKORE INC	$153.60	721,951	22.11%	160.47	169.11	174.78	164.48	152.88	33.96	7.27	8.20	19.70	19.12	-5.68	-3.78	-1.90	1.40
ENS	ENERSYS	$98.21	205,650	-0.11%	96.38	93.69	92.47	93.96	94.24	71.15	90.91	91.97	96.99	96.15	1.77	1.17	0.60	1.36
AYI	ACUITY BRANDS INC	$263.84	248,397	0.27%	262.17	256.47	259.52	245.76	208.82	57.42	85.47	82.67	82.35	81.14	2.21	0.95	1.26	1.15
HUBB	HUBBELL INC	$391.33	473,446	39.43%	397.29	394.09	400.97	373.08	339.09	46.55	71.08	76.78	72.38	79.48	0.56	-0.49	1.04	1.03
ESP	ESPEY MFG & ELECTRONICS CORP	$21.40	23,895	34.18%	24.38	23.84	24.31	23.14	19.83	31.49	20.07	43.40	12.06	39.79	-0.10	0.13	-0.22	0.34
ENR	ENERGIZER HOLDINGS INC	$30.95	848,862	78.92%	29.92	29.31	28.66	29.82	31.30	73.18	93.95	93.91	100.00	100.00	0.58	0.37	0.21	0.94
CBAT	CBAK ENERGY TECHNOLOGY INC	$1.32	283,765	-47.24%	1.17	1.11	1.05	1.05	0.97	73.95	90.03	85.91	90.96	86.73	0.06	0.04	0.02	1.06
PLPC	PREFORMED LINE PRODUCTS CO	$133.11	6,668	-63.58%	130.10	126.97	126.47	127.79	137.60	60.44	88.25	83.84	85.90	82.58	1.97	0.98	0.99	0.88
NVT	NVENT ELECTRIC PLC	$80.41	1,644,692	15.56%	80.04	76.50	74.56	67.92	60.64	59.25	86.15	85.58	81.08	85.64	2.40	1.79	0.61	1.23
ULBI	ULTRALIFE CORP	$11.65	63,354	-33.84%	12.38	11.41	10.04	8.88	8.79	55.01	42.48	55.32	5.78	21.04	0.69	0.80	-0.12	0.69
VRT	VERTIV HOLDINGS CO	$97.29	8,203,354	-2.99%	97.16	91.94	84.49	70.75	55.25	57.84	83.01	83.44	53.90	52.78	4.71	4.43	0.28	1.29
AEIS	ADVANCED ENERGY INDUSTRIES INC	$105.46	181,042	9.70%	102.47	98.32	98.16	101.02	101.42	65.50	95.72	95.96	89.83	96.37	2.26	1.19	1.08	1.53
RAYA	ERAYAK POWER SOLUTION GROUP INC	$0.72	85,150	316.32%	0.66	0.65	0.66	0.73	0.86	56.53	74.37	70.77	71.60	75.31	0.00	-0.00	0.01	1.55
NVX	NOVONIX LTD	$2.26	33,662	78.06%	2.28	2.29	2.44	2.15	2.12	46.36	27.61	26.81	49.96	51.95	-0.04	-0.04	0.00	1.54
GWH	ESS TECH INC	$0.74	602,541	2.14%	0.81	0.77	0.74	0.86	1.15	47.13	33.47	33.86	11.57	12.57	0.01	0.02	-0.00	1.55
FCEL	FUELCELL ENERGY INC	$0.83	25,412,118	-32.41%	0.80	0.84	1.00	1.16	1.25	44.69	57.19	44.82	89.69	65.19	-0.06	-0.07	0.01	1.87
WBX	WALLBOX NV	$1.51	209,672	-21.87%	1.51	1.47	1.46	1.51	1.86	52.71	45.28	35.26	34.79	21.40	0.01	0.01	0.00	1.25
FLUX	FLUX POWER HOLDINGS INC	$3.33	54,499	-27.88%	4.08	4.28	4.34	4.52	4.19	32.39	19.69	19.38	11.41	7.45	-0.28	-0.11	-0.17	0.95
ENVX	ENOVIX CORP	$9.19	2,258,783	-59.34%	9.27	7.90	7.83	9.30	10.90	58.16	71.99	69.17	66.56	67.91	0.52	0.35	0.18	2.19
SKYX	SKYX PLATFORMS CORP	$1.01	145,581	-20.09%	1.03	0.98	1.09	1.31	1.46	47.79	81.72	88.13	68.91	85.89	-0.00	-0.02	0.02	0.82
SLDP	SOLID POWER INC	$1.78	3,035,683	12.72%	1.82	1.76	1.69	1.60	1.69	51.10	58.38	66.53	42.92	54.00	0.04	0.04	0.01	1.48
BE	BLOOM ENERGY CORP	$12.23	5,776,407	-16.68%	11.96	11.15	10.80	11.24	12.30	59.52	70.97	67.15	76.38	74.46	0.46	0.34	0.13	1.89
HAYW	HAYWARD HOLDINGS INC	$14.68	626,101	-58.40%	14.59	14.10	14.29	13.64	13.33	58.33	85.78	88.88	88.44	91.24	0.22	0.11	0.11	1.39
IPWR	IDEAL POWER INC	$7.47	22,184	-41.71%	7.56	7.56	8.70	8.54	8.99	45.02	21.16	17.05	35.17	22.57	-0.26	-0.29	0.03	1.05
AMPX	AMPRIUS TECHNOLOGIES INC	$1.30	768,817	-40.37%	1.83	1.82	2.18	3.15	3.70	31.37	6.35	12.81	5.92	16.16	-0.19	-0.13	-0.06	0.37
ELVA	ELECTROVAYA INC	$3.03	75,014	140.51%	3.20	3.17	3.45	3.60	3.32	42.32	22.66	45.27	18.32	48.83	-0.06	-0.07	0.01	0.72
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$23.27	214,842	156.81%	23.46	23.83	24.81	25.29	22.93	31.40	11.67	13.63	44.44	38.25	-0.46	-0.46	-0.00	0.65
MVST	MICROVAST HOLDINGS INC	$0.42	1,853,622	-36.89%	0.42	0.43	0.55	0.78	1.20	41.82	47.47	54.85	86.09	89.62	-0.04	-0.05	0.01	0.75
PLUG	PLUG POWER INC	$3.43	32,440,352	-56.83%	2.91	2.67	3.03	3.46	5.10	64.74	43.98	54.76	98.69	96.15	0.07	-0.07	0.14	1.77
OPTT	OCEAN POWER TECHNOLOGIES INC	$0.19	1,139,646	-34.37%	0.19	0.19	0.23	0.27	0.33	41.79	26.97	29.32	86.86	87.45	-0.01	-0.01	0.00	0.94
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$1.47	6,288	57.20%	1.46	1.40	1.38	1.37	1.42	55.91	92.19	89.59	77.30	78.06	0.03	0.02	0.01	0.23
LTBR	LIGHTBRIDGE CORP	$2.42	46,274	-35.42%	2.45	2.50	2.71	2.91	3.65	41.66	22.46	17.31	30.65	21.25	-0.09	-0.09	-0.00	1.06
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$10.99	31,790	-31.43%	10.97	10.92	10.68	9.38	8.16	57.29	52.03	57.91	12.48	36.32	0.12	0.14	-0.02	0.41
KE	KIMBALL ELECTRONICS INC	$22.51	128,294	45.61%	22.39	21.72	21.32	22.45	24.63	60.27	90.81	90.24	76.58	78.15	0.40	0.29	0.11	1.02
OESX	ORION ENERGY SYSTEMS INC	$0.99	201,560	10,257.66%	0.87	0.86	0.88	0.94	1.07	68.56	43.36	22.84	69.17	50.76	0.00	-0.01	0.01	0.92
FREY	FREYR BATTERY INC	$1.98	871,622	-47.48%	1.88	1.77	1.73	1.68	2.98	60.14	75.95	75.63	92.58	88.75	0.07	0.04	0.03	0.70
EOSE	EOS ENERGY ENTERPRISES INC	$0.71	4,525,529	-46.34%	0.72	0.73	0.87	0.95	1.48	43.45	53.72	55.28	75.64	87.45	-0.04	-0.05	0.01	1.82
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$1.01	771,980	-67.45%	3.60	3.35	5.22	8.10	11.97	57.58	34.59	24.99	75.84	66.98	-0.20	-0.59	0.39	0.42
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$2.43	51,713	77.93%	2.47	2.41	2.75	N/A	N/A	45.40	25.56	29.93	37.86	43.31	-0.12	-0.17	0.05	0.72
SVT	SERVOTRONICS INC	$12.11	301	-91.41%	12.71	12.52	12.65	12.89	11.94	41.76	21.18	28.23	5.53	14.80	-0.03	0.03	-0.06	0.26
POLA	POLAR POWER INC	$0.50	84,478	-50.75%	0.42	0.39	0.43	0.41	0.70	62.25	81.56	78.67	91.20	95.90	0.01	-0.01	0.02	1.04
XPON	EXPION360 INC	$2.10	288,911	260.89%	2.01	2.13	2.53	3.48	4.07	45.63	39.83	37.25	69.41	61.56	-0.14	-0.17	0.03	1.05
EPOW	SUNRISE NEW ENERGY CO LTD	$0.74	8,730	-17.52%	0.74	0.75	0.82	0.89	1.26	42.73	50.00	48.19	55.65	54.44	-0.03	-0.03	0.00	0.72
NEOV	NEOVOLTA INC	$2.58	44,597	0.21%	2.67	2.39	1.77	1.64	2.00	59.02	79.66	87.69	48.37	73.02	0.27	0.27	0.00	0.09
NXU	NXU INC	$0.46	302,003	-32.25%	0.44	0.44	0.58	0.96	9.62	45.28	41.00	38.48	64.44	61.82	-0.04	-0.05	0.01	2.19
STI	SOLIDION TECHNOLOGY INC	$2.20	91,923	-38.49%	2.32	2.17	2.33	3.42	7.09	47.78	20.48	33.37	29.76	54.57	-0.02	-0.02	0.00	0.11
RFIL	R F INDUSTRIES LTD	$2.98	8,792	284.10%	2.96	2.95	3.03	3.08	3.09	49.64	61.40	56.20	85.96	79.68	-0.02	-0.03	0.01	0.58
EAF	GRAFTECH INTERNATIONAL LTD	$1.78	1,558,760	-41.07%	1.79	1.71	1.63	1.62	2.45	55.07	78.50	77.69	69.77	76.01	0.06	0.06	0.01	1.28
CAPT	CAPTIVISION INC	$4.80	44,470	14.28%	4.95	5.06	5.44	5.46	6.22	43.49	19.26	17.29	34.77	36.02	-0.17	-0.17	-0.00	0.14
GTI	GRAPHJET TECHNOLOGY	$6.11	46,576	-45.76%	6.97	7.02	8.38	9.66	10.42	36.15	3.81	14.62	1.50	18.18	-0.52	-0.45	-0.06	-0.10

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.