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	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
PPSI	PIONEER POWER SOLUTIONS INC	$39.12M	$3.94	$10.50	166.50%	Strong Buy	2	28.40%	61.63%	N/A	N/A
POWL	POWELL INDUSTRIES INC	$1.96B	$163.64	N/A	N/A	N/A	N/A	4.47%	N/A	N/A	N/A
WIRE	ENCORE WIRE CORP	$4.45B	$282.00	$292.50	3.72%	Hold	2	N/A	N/A	N/A	N/A
ATKR	ATKORE INC	$5.60B	$153.60	$187.50	22.07%	Buy	2	-1.59%	N/A	N/A	N/A
ENS	ENERSYS	$3.97B	$98.21	$116.00	18.11%	Buy	1	0.36%	N/A	N/A	N/A
AYI	ACUITY BRANDS INC	$8.13B	$263.84	$289.25	9.63%	Buy	4	2.94%	N/A	N/A	N/A
HUBB	HUBBELL INC	$21.01B	$391.33	$388.50	-0.72%	Buy	6	5.91%	-15.67%	N/A	N/A
ESP	ESPEY MFG & ELECTRONICS CORP	$58.48M	$21.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ENR	ENERGIZER HOLDINGS INC	$2.22B	$30.95	$31.40	1.45%	Hold	5	0.98%	121.36%	N/A	N/A
CBAT	CBAK ENERGY TECHNOLOGY INC	$118.72M	$1.32	N/A	N/A	N/A	N/A	26.14%	N/A	N/A	N/A
PLPC	PREFORMED LINE PRODUCTS CO	$654.64M	$133.11	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NVT	NVENT ELECTRIC PLC	$13.35B	$80.41	$87.00	8.20%	Strong Buy	5	5.62%	N/A	N/A	N/A
ULBI	ULTRALIFE CORP	$191.84M	$11.65	$13.00	11.59%	Strong Buy	1	N/A	N/A	N/A	N/A
VRT	VERTIV HOLDINGS CO	$36.42B	$97.29	$91.25	-6.21%	Strong Buy	8	11.92%	12.43%	N/A	N/A
AEIS	ADVANCED ENERGY INDUSTRIES INC	$3.95B	$105.46	$104.40	-1.01%	Buy	5	5.10%	86.84%	N/A	N/A
RAYA	ERAYAK POWER SOLUTION GROUP INC	$8.96M	$0.72	N/A	N/A	N/A	N/A	61.30%	N/A	N/A	N/A
NVX	NOVONIX LTD	$276.13M	$2.26	N/A	N/A	N/A	N/A	49.88%	N/A	N/A	N/A
GWH	ESS TECH INC	$129.44M	$0.74	$1.93	161.22%	Buy	3	166.47%	N/A	N/A	N/A
FCEL	FUELCELL ENERGY INC	$375.05M	$0.83	$1.75	110.84%	Hold	2	40.85%	N/A	N/A	N/A
WBX	WALLBOX NV	$316.81M	$1.51	$4.00	164.90%	Strong Buy	1	43.28%	N/A	N/A	N/A
FLUX	FLUX POWER HOLDINGS INC	$55.55M	$3.33	$9.50	185.29%	Strong Buy	4	20.07%	N/A	N/A	N/A
ENVX	ENOVIX CORP	$1.56B	$9.19	$19.00	106.75%	Strong Buy	6	181.75%	N/A	N/A	N/A
SKYX	SKYX PLATFORMS CORP	$101.03M	$1.01	$5.00	395.05%	Buy	1	21.02%	N/A	N/A	N/A
SLDP	SOLID POWER INC	$315.14M	$1.78	$3.67	106.01%	Buy	3	9.43%	N/A	N/A	N/A
BE	BLOOM ENERGY CORP	$2.78B	$12.23	$15.60	27.56%	Buy	15	17.68%	N/A	N/A	N/A
HAYW	HAYWARD HOLDINGS INC	$3.15B	$14.68	$14.50	-1.23%	Hold	3	5.78%	107.36%	N/A	N/A
IPWR	IDEAL POWER INC	$57.40M	$7.47	$14.00	87.42%	Strong Buy	1	N/A	N/A	N/A	N/A
AMPX	AMPRIUS TECHNOLOGIES INC	$122.81M	$1.30	$10.00	669.23%	Strong Buy	5	169.76%	N/A	N/A	N/A
ELVA	ELECTROVAYA INC	$103.43M	$3.03	$11.00	263.04%	Strong Buy	3	50.87%	N/A	N/A	N/A
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$1.44B	$23.27	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MVST	MICROVAST HOLDINGS INC	$132.91M	$0.42	$4.50	973.99%	Buy	4	30.30%	N/A	N/A	N/A
PLUG	PLUG POWER INC	$2.55B	$3.43	$5.45	58.98%	Hold	16	27.44%	N/A	N/A	N/A
OPTT	OCEAN POWER TECHNOLOGIES INC	$11.48M	$0.19	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$30.31M	$1.47	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LTBR	LIGHTBRIDGE CORP	$34.93M	$2.42	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$555.93M	$10.99	$14.00	27.39%	Hold	1	63.81%	N/A	N/A	N/A
KE	KIMBALL ELECTRONICS INC	$559.81M	$22.51	$32.00	42.16%	Strong Buy	3	-3.77%	N/A	N/A	N/A
OESX	ORION ENERGY SYSTEMS INC	$32.11M	$0.99	$3.00	204.26%	Buy	1	17.99%	N/A	N/A	N/A
FREY	FREYR BATTERY INC	$276.62M	$1.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EOSE	EOS ENERGY ENTERPRISES INC	$146.94M	$0.71	$5.40	664.87%	Strong Buy	5	400.51%	N/A	N/A	N/A
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$61.11M	$1.01	$1.80	78.22%	Strong Buy	4	14.53%	N/A	N/A	N/A
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$27.34M	$2.43	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SVT	SERVOTRONICS INC	$30.86M	$12.11	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
POLA	POLAR POWER INC	$8.75M	$0.50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
XPON	EXPION360 INC	$15.64M	$2.10	N/A	N/A	N/A	N/A	11.09%	N/A	N/A	N/A
EPOW	SUNRISE NEW ENERGY CO LTD	$19.34M	$0.74	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NEOV	NEOVOLTA INC	$85.75M	$2.58	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NXU	NXU INC	$212.17k	$0.46	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
STI	SOLIDION TECHNOLOGY INC	$161.06M	$2.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
RFIL	R F INDUSTRIES LTD	$31.28M	$2.98	$4.00	34.23%	Strong Buy	1	1.14%	N/A	N/A	N/A
EAF	GRAFTECH INTERNATIONAL LTD	$457.76M	$1.78	$1.88	5.34%	Hold	4	-16.92%	N/A	N/A	N/A
CAPT	CAPTIVISION INC	$139.10M	$4.80	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GTI	GRAPHJET TECHNOLOGY	$880.84M	$6.11	N/A	N/A	N/A	N/A	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.