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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
PPSI	PIONEER POWER SOLUTIONS INC	$3.94	$4.87	-19.11%	21.89x	21.89x	0.93x	2.11x	0.36x	-$5.53M	-14.01%	$18.50M	1.85	$33.00M	10.09
POWL	POWELL INDUSTRIES INC	$163.64	$564.03	-70.99%	19.07x	N/A	2.31x	4.98x	0.11x	$221.33M	11.28%	$393.79M	32.84	$1.64B	11.90
WIRE	ENCORE WIRE CORP	$282.00	$295.96	-4.72%	14.52x	N/A	1.75x	2.46x	0.52x	$247.36M	5.57%	$1.81B	115.20	$3.84B	8.64
ATKR	ATKORE INC	$153.60	$274.16	-43.97%	9.44x	N/A	1.66x	3.56x	0.29x	$430.49M	7.69%	$1.57B	43.15	$6.15B	6.71
ENS	ENERSYS	$98.21	$49.94	96.66%	14.64x	N/A	1.09x	2.30x	2.62x	$376.25M	9.47%	$1.73B	42.68	$4.55B	10.20
AYI	ACUITY BRANDS INC	$263.84	$91.85	187.24%	21.79x	N/A	2.11x	3.78x	3.64x	$504.20M	6.19%	$2.15B	69.65	$8.13B	13.77
HUBB	HUBBELL INC	$391.33	N/A	N/A	28.99x	33.88x	3.83x	7.17x	N/A	$686.70M	3.27%	$2.93B	54.58	$22.74B	19.50
ESP	ESPEY MFG & ELECTRONICS CORP	$21.40	$20.26	5.62%	10.97x	N/A	1.50x	1.49x	0.78x	-$649.26k	-1.22%	$39.34M	15.79	$52.92M	8.09
ENR	ENERGIZER HOLDINGS INC	$30.95	$52.46	-41.01%	25.79x	8.74x	0.77x	11.61x	0.24x	$309.80M	13.94%	$191.30M	2.66	$5.40B	13.59
CBAT	CBAK ENERGY TECHNOLOGY INC	$1.32	N/A	N/A	14.67x	N/A	0.54x	0.98x	N/A	$12.61M	10.61%	$120.88M	1.34	$157.62M	6.91
PLPC	PREFORMED LINE PRODUCTS CO	$133.11	$106.08	25.48%	12.70x	N/A	1.04x	1.58x	0.96x	$62.81M	9.60%	$413.37M	84.10	$674.20M	7.53
NVT	NVENT ELECTRIC PLC	$80.41	$38.43	109.21%	23.04x	36.55x	3.92x	4.16x	1.46x	$486.30M	3.65%	$3.21B	19.41	$14.91B	19.46
ULBI	ULTRALIFE CORP	$11.65	N/A	N/A	18.20x	N/A	1.13x	1.49x	N/A	$786.00k	0.41%	$128.84M	7.86	$206.88M	10.75
VRT	VERTIV HOLDINGS CO	$97.29	$9.97	875.83%	91.78x	81.08x	5.28x	26.14x	8.20x	$854.70M	2.32%	$1.39B	3.68	$39.23B	44.67
AEIS	ADVANCED ENERGY INDUSTRIES INC	$105.46	$89.66	17.62%	38.63x	17.20x	2.53x	3.46x	0.49x	$124.99M	3.17%	$1.14B	30.59	$3.96B	22.12
RAYA	ERAYAK POWER SOLUTION GROUP INC	$0.72	N/A	N/A	7.20x	N/A	0.43x	0.44x	N/A	$9.25M	107.08%	$20.20M	1.68	$5.25M	1.93
NVX	NOVONIX LTD	$2.26	N/A	N/A	-565.00x	N/A	34.24x	1.50x	N/A	-$55.42M	-20.09%	$183.94M	1.51	$266.81M	N/A
GWH	ESS TECH INC	$0.74	N/A	N/A	-1.68x	-2.64x	12.98x	1.47x	N/A	-$59.43M	-46.08%	$87.82M	0.50	$94.36M	-1.43
FCEL	FUELCELL ENERGY INC	$0.83	N/A	N/A	-3.19x	-5.53x	3.64x	0.56x	N/A	-$245.74M	-65.54%	$663.93M	1.47	$209.10M	-2.96
WBX	WALLBOX NV	$1.51	N/A	N/A	-2.34x	N/A	2.05x	1.97x	N/A	-$82.08M	-25.89%	$161.06M	0.77	$472.91M	-5.60
FLUX	FLUX POWER HOLDINGS INC	$3.33	N/A	N/A	-7.74x	22.20x	0.86x	10.26x	N/A	-$3.52M	-6.40%	$5.42M	0.33	$68.25M	-18.15
ENVX	ENOVIX CORP	$9.19	N/A	N/A	-7.92x	-11.07x	119.35x	6.81x	N/A	-$187.92M	-12.17%	$229.28M	1.36	$1.53B	-12.14
SKYX	SKYX PLATFORMS CORP	$1.01	N/A	N/A	-2.20x	N/A	1.23x	7.49x	N/A	-$15.10M	-15.74%	$13.50M	0.14	$125.27M	-3.67
SLDP	SOLID POWER INC	$1.78	N/A	N/A	-4.68x	N/A	16.48x	0.66x	N/A	-$94.68M	-29.44%	$479.38M	2.65	$310.43M	-5.85
BE	BLOOM ENERGY CORP	$12.23	N/A	N/A	-9.27x	22.65x	2.13x	5.96x	N/A	-$283.67M	-10.28%	$466.12M	2.07	$3.64B	-43.27
HAYW	HAYWARD HOLDINGS INC	$14.68	$15.72	-6.64%	36.70x	13.85x	3.16x	2.39x	0.38x	$168.19M	5.35%	$1.32B	6.16	$4.13B	17.98
IPWR	IDEAL POWER INC	$7.47	N/A	N/A	-4.70x	N/A	169.77x	2.64x	N/A	-$7.48M	-15.84%	$21.71M	3.44	$37.35M	-3.92
AMPX	AMPRIUS TECHNOLOGIES INC	$1.30	N/A	N/A	-3.02x	N/A	10.92x	2.05x	N/A	-$49.15M	-42.00%	$59.94M	0.67	$119.86M	-3.64
ELVA	ELECTROVAYA INC	$3.03	N/A	N/A	-151.50x	N/A	2.11x	13.34x	N/A	$4.10M	3.99%	$7.76M	0.23	$122.90M	-75.54
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$23.27	N/A	N/A	19.07x	N/A	1.83x	1.17x	N/A	$41.66M	2.88%	$1.23B	19.80	$788.55M	8.02
MVST	MICROVAST HOLDINGS INC	$0.42	N/A	N/A	-1.31x	-1.68x	0.39x	0.24x	N/A	-$221.75M	-167.78%	$546.15M	1.73	$255.57M	-3.68
PLUG	PLUG POWER INC	$3.43	N/A	N/A	-1.42x	-171.50x	2.74x	0.87x	N/A	-$1.61B	-73.24%	$2.93B	4.57	$2.33B	-1.74
OPTT	OCEAN POWER TECHNOLOGIES INC	$0.19	N/A	N/A	-0.37x	N/A	2.30x	0.45x	N/A	-$32.27M	-283.94%	$25.26M	0.43	$9.29M	-0.29
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$1.47	N/A	N/A	7.74x	N/A	0.07x	0.19x	N/A	-$5.78M	-19.05%	$157.06M	7.62	$48.16M	3.77
LTBR	LIGHTBRIDGE CORP	$2.42	N/A	N/A	-3.56x	N/A	N/A	1.25x	N/A	-$6.78M	-20.79%	$28.03M	2.08	$6.99M	-0.80
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$10.99	N/A	N/A	-9.05x	219.80x	4.81x	15.24x	N/A	-$32.88M	-5.92%	$36.47M	0.72	$543.22M	-12.79
KE	KIMBALL ELECTRONICS INC	$22.51	$7.90	184.79%	17.45x	N/A	0.32x	1.04x	9.56x	$7.27M	1.28%	$539.06M	21.46	$814.22M	8.29
OESX	ORION ENERGY SYSTEMS INC	$0.99	N/A	N/A	-1.73x	3.29x	0.37x	1.55x	N/A	-$8.07M	-25.15%	$20.66M	0.64	$37.15M	-2.49
FREY	FREYR BATTERY INC	$1.98	N/A	N/A	-3.19x	-0.86x	N/A	0.48x	N/A	-$214.29M	-77.47%	$582.29M	4.17	$41.10M	-0.51
EOSE	EOS ENERGY ENTERPRISES INC	$0.71	N/A	N/A	-0.50x	-5.88x	10.09x	-1.00x	N/A	-$185.48M	-130.45%	-$147.67M	-0.73	$322.67M	-2.17
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$1.01	N/A	N/A	-1.98x	N/A	1.05x	3.43x	N/A	-$24.38M	-40.10%	$17.81M	0.30	$98.99M	-9.47
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$2.43	N/A	N/A	-121.50x	N/A	1.52x	2.55x	N/A	$2.32M	9.55%	$10.70M	1.07	$21.74M	64.49
SVT	SERVOTRONICS INC	$12.11	N/A	N/A	-3.09x	N/A	0.69x	1.28x	N/A	-$4.05M	-13.11%	$24.19M	9.49	$32.59M	-4.87
POLA	POLAR POWER INC	$0.50	N/A	N/A	-0.96x	N/A	0.68x	0.79x	N/A	-$3.46M	-39.56%	$11.05M	0.63	$16.37M	-2.48
XPON	EXPION360 INC	$2.10	N/A	N/A	-1.93x	N/A	2.70x	4.25x	N/A	-$5.68M	-38.57%	$3.68M	0.53	$19.11M	-2.68
EPOW	SUNRISE NEW ENERGY CO LTD	$0.74	N/A	N/A	-0.69x	N/A	0.42x	7.31x	N/A	-$14.44M	-76.22%	$2.65M	0.10	$35.81M	-2.01
NEOV	NEOVOLTA INC	$2.58	N/A	N/A	-43.00x	N/A	30.71x	16.69x	N/A	-$2.45M	-2.87%	$5.14M	0.16	$84.74M	-44.71
NXU	NXU INC	$0.46	N/A	N/A	-0.00x	N/A	N/A	0.03x	N/A	-$29.13M	-50,512.12%	$7.93M	63.50	-$5.31M	0.08
STI	SOLIDION TECHNOLOGY INC	$2.20	N/A	N/A	N/A	N/A	N/A	-5.64x	N/A	-$2.66M	-1.64%	-$28.53M	-0.39	$163.77M	-30.76
RFIL	R F INDUSTRIES LTD	$2.98	N/A	N/A	-9.61x	N/A	0.46x	0.81x	N/A	$2.64M	8.52%	$38.66M	3.71	$60.20M	-23.19
EAF	GRAFTECH INTERNATIONAL LTD	$1.78	N/A	N/A	-1.65x	N/A	0.74x	12.17x	N/A	$12.08M	2.64%	$37.62M	0.15	$1.22B	-6.86
CAPT	CAPTIVISION INC	$4.80	N/A	N/A	-1.19x	N/A	9.50x	-3.16x	N/A	-$10.48M	-7.54%	-$44.00M	-1.52	$158.96M	-2.24
GTI	GRAPHJET TECHNOLOGY	$6.11	N/A	N/A	-6.50x	N/A	N/A	-341.04x	N/A	-$223.69k	-1.46%	-$2.58M	-1.03	$881.22M	-467.55

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.