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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...
Ticker
Company
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
PPSI
PIONEER POWER SOLUTIONS INC
$39.12M10.10%5.10%9.27%16.70%0.931.8326.70%4.20%4.17%
POWL
POWELL INDUSTRIES INC
$1.96B28.70%13.30%31.92%127.90%1.161.6224.20%12.10%15.31%
WIRE
ENCORE WIRE CORP
$4.45B17.80%15.80%21.96%33.40%0.137.5023.10%12.40%16.19%
ATKR
ATKORE INC
$5.60B41.60%21.20%30.81%34.70%0.923.0936.50%18.30%22.82%
ENS
ENERSYS
$3.97B16.40%7.80%12.52%14.30%1.032.6726.60%7.50%9.71%
AYI
ACUITY BRANDS INC
$8.13B18.40%10.90%17.07%35.60%0.642.5944.90%9.80%12.98%
HUBB
HUBBELL INC
$21.01B26.00%11.50%17.99%30.50%1.341.6634.40%13.20%18.08%
ESP
ESPEY MFG & ELECTRONICS CORP
$58.48M12.80%9.60%15.45%18.00%0.353.6526.70%13.60%17.14%
ENR
ENERGIZER HOLDINGS INC
$2.22B46.40%1.90%7.68%5.90%21.412.0337.80%3.00%9.62%
CBAT
CBAK ENERGY TECHNOLOGY INC
$118.72M7.70%3.20%9.41%7.90%1.370.8321.60%4.00%5.55%
PLPC
PREFORMED LINE PRODUCTS CO
$654.64M12.70%8.50%14.29%14.60%0.423.1533.80%8.20%11.05%
NVT
NVENT ELECTRIC PLC
$13.35B19.00%9.60%11.21%20.70%0.921.9941.00%17.00%18.07%
ULBI
ULTRALIFE CORP
$191.84M8.40%5.90%9.76%13.30%0.404.0325.60%6.20%9.09%
VRT
VERTIV HOLDINGS CO
$36.42B23.80%5.30%12.40%12.30%4.451.3435.40%5.80%8.67%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.95B9.10%4.30%5.03%6.90%1.215.6135.30%6.60%7.19%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$8.96M6.20%3.30%8.22%8.70%0.751.6724.70%6.00%8.93%
NVX
NOVONIX LTD
$276.13M-22.60%-17.10%-17.06%-20.10%0.4311.3765.00%-574.20%-541.11%
GWH
ESS TECH INC
$129.44M-73.10%-53.50%-71.31%-86.90%0.414.94-219.20%-746.90%-746.89%
FCEL
FUELCELL ENERGY INC
$375.05M-16.70%-12.20%-11.58%-14.60%0.278.26-26.70%-108.70%-97.72%
WBX
WALLBOX NV
$316.81M-70.30%-24.80%-36.53%-37.20%2.231.3533.60%-78.00%-74.38%
FLUX
FLUX POWER HOLDINGS INC
$55.55M-93.70%-19.20%-76.12%-26.20%5.791.1029.30%-11.00%-8.44%
ENVX
ENOVIX CORP
$1.56B-75.70%-35.10%-40.15%-48.80%1.214.89-348.90%-1,448.90%-1,407.57%
SKYX
SKYX PLATFORMS CORP
$101.03M-244.70%-53.60%-76.77%-91.10%4.501.0530.40%-53.30%-49.22%
SLDP
SOLID POWER INC
$315.14M-13.30%-12.60%-13.55%-13.40%0.089.36-31.60%-345.40%-344.79%
BE
BLOOM ENERGY CORP
$2.78B-65.40%-11.80%-9.10%-6.60%3.864.4514.00%-22.30%-13.59%
HAYW
HAYWARD HOLDINGS INC
$3.15B6.30%2.80%6.54%10.90%1.223.3748.60%8.30%17.85%
IPWR
IDEAL POWER INC
$57.40M-67.90%-59.10%-43.15%-2,105.00%0.1021.6517.30%-3,573.10%-3,573.14%
AMPX
AMPRIUS TECHNOLOGIES INC
$122.81M-59.60%-39.00%-39.57%-68.00%0.754.67-145.70%-350.70%-350.70%
ELVA
ELECTROVAYA INC
$103.43M-17.00%-3.30%-28.75%-10.40%3.850.9929.80%-2.30%-6.03%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.44B6.20%4.20%6.71%14.50%0.463.0231.10%9.50%11.01%
MVST
MICROVAST HOLDINGS INC
$132.91M-18.00%-9.80%-14.49%-13.10%0.911.0320.40%-29.80%-28.64%
PLUG
PLUG POWER INC
$2.55B-44.60%-28.10%-36.03%-38.60%0.661.94-74.60%-182.00%-176.97%
OPTT
OCEAN POWER TECHNOLOGIES INC
$11.48M-86.90%-70.00%-118.47%-153.70%0.372.4937.10%-614.30%-661.12%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$30.31M2.50%1.00%2.90%2.70%0.972.107.10%0.90%1.54%
LTBR
LIGHTBRIDGE CORP
$34.93M-30.30%-29.60%-31.05%-11,855.60%0.0331.24N/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$555.93M-96.10%-41.80%-69.21%-124.50%2.671.48-2.70%-51.30%-41.29%
KE
KIMBALL ELECTRONICS INC
$559.81M6.00%2.50%7.43%5.90%1.342.038.60%1.80%3.44%
OESX
ORION ENERGY SYSTEMS INC
$32.11M-71.20%-27.60%-50.39%-50.40%2.171.4922.00%-21.40%-20.39%
FREY
FREYR BATTERY INC
$276.62M-14.20%-12.10%-13.85%-22.80%0.156.70N/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$146.94MN/A-135.20%-173.86%-60.40%-2.051.34-544.00%-1,446.60%-1,115.65%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$61.11M-113.70%-33.20%-27.03%-21.80%3.971.1023.70%-50.00%-20.90%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$27.34M-2.00%-1.20%-2.72%-4.10%0.543.2129.50%-1.40%-2.06%
SVT
SERVOTRONICS INC
$30.86M-39.70%-25.60%-27.27%-25.50%0.493.8219.00%-21.40%-17.20%
POLA
POLAR POWER INC
$8.75M-54.50%-28.60%-55.09%-29.80%1.161.86-3.60%-58.80%-53.84%
XPON
EXPION360 INC
$15.64M-126.30%-65.40%-122.12%-68.70%1.731.6524.90%-140.90%-134.58%
EPOW
SUNRISE NEW ENERGY CO LTD
$19.34M-143.50%-21.30%-38.71%-33.90%28.420.56-27.50%-53.80%-48.99%
NEOV
NEOVOLTA INC
$85.75M-32.40%-32.30%-36.89%-44.50%0.00342.3526.90%-68.00%-67.98%
NXU
NXU INC
$212.17k-69,678.50%-768.80%-426.55%-1,035.80%1.284.56N/AN/AN/A
STI
SOLIDION TECHNOLOGY INC
$161.06MN/A-5.30%-4,034.02%-8.20%-2.650.40100.00%-76,679.50%-76,679.49%
RFIL
R F INDUSTRIES LTD
$31.28M-8.20%-4.10%-7.55%-7.00%1.052.9126.40%-4.90%-7.61%
EAF
GRAFTECH INTERNATIONAL LTD
$457.76M-153.70%-20.20%-22.65%-12.60%31.323.731.40%-45.10%-38.44%
CAPT
CAPTIVISION INC
$139.10MN/A-59.00%N/A-50.90%-1.54N/A15.50%-526.00%-484.39%
GTI
GRAPHJET TECHNOLOGY
$880.84MN/A-12.50%-42.85%-13.00%-3.430.51N/AN/AN/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.
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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.