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	$3.80	58,428	-27.81%	3.79	4.02	4.79	5.14	5.77	37.03	26.67	28.07	88.28	89.21	-0.32	-0.34	0.03	0.75
POWL	POWELL INDUSTRIES INC	$143.00	330,420	36.59%	139.85	135.56	147.96	123.26	101.13	53.25	71.38	73.33	87.38	91.72	1.20	-1.25	2.45	0.96
WIRE	ENCORE WIRE CORP	$279.36	329,404	58.89%	283.91	276.50	250.96	234.22	204.88	59.78	68.84	71.78	30.14	41.78	9.32	10.69	-1.37	1.09
MAMO	MASSIMO GROUP	$4.22	32,872	38.98%	3.50	3.47	N/A	N/A	N/A	48.24	71.05	70.93	N/A	N/A	N/A	N/A	N/A	-0.06
ESP	ESPEY MFG & ELECTRONICS CORP	$25.30	54,848	328.40%	22.72	23.23	24.54	22.39	19.33	66.34	75.94	59.44	95.82	89.37	-0.30	-0.54	0.24	0.34
ENR	ENERGIZER HOLDINGS INC	$28.72	437,189	19.61%	28.43	28.15	28.44	30.03	31.59	54.87	81.02	78.50	77.46	74.28	0.02	-0.10	0.12	0.95
PLPC	PREFORMED LINE PRODUCTS CO	$121.03	17,632	-5.79%	123.10	124.58	127.34	127.81	140.38	41.43	31.15	35.39	64.40	67.75	-1.11	-1.09	-0.02	0.88
AEIS	ADVANCED ENERGY INDUSTRIES INC	$95.84	302,683	114.36%	93.31	95.50	97.91	101.38	102.53	49.55	66.14	56.02	87.50	76.18	-1.05	-1.49	0.44	1.54
AYI	ACUITY BRANDS INC	$248.30	227,143	-12.24%	250.67	256.75	256.89	238.10	203.13	39.66	28.65	29.65	43.13	42.20	-2.30	-1.52	-0.78	1.15
HUBB	HUBBELL INC	$370.52	1,650,920	205.38%	394.59	401.93	395.98	364.02	334.93	32.43	47.57	52.45	66.00	73.38	-1.71	0.55	-2.26	1.03
ENS	ENERSYS	$90.45	196,188	-39.35%	90.62	90.87	91.37	93.96	95.06	46.37	62.74	59.46	77.93	78.07	-0.25	-0.36	0.10	1.36
KE	KIMBALL ELECTRONICS INC	$20.93	136,030	22.76%	20.94	21.03	21.29	22.85	25.07	47.73	61.85	54.02	62.57	59.09	-0.08	-0.13	0.05	1.02
HAYW	HAYWARD HOLDINGS INC	$13.58	1,599,760	5.27%	13.53	13.86	14.06	13.46	13.23	44.02	56.18	46.56	77.14	69.92	-0.17	-0.17	0.00	1.39
NVT	NVENT ELECTRIC PLC	$72.07	2,226,868	121.58%	73.06	74.24	71.68	65.34	59.13	45.66	55.10	54.89	69.20	68.29	0.42	0.64	-0.22	1.23
ATKR	ATKORE INC	$175.30	506,816	50.13%	176.84	177.25	173.95	162.54	152.62	48.05	72.54	77.71	76.05	89.77	1.06	0.96	0.10	1.40
VRT	VERTIV HOLDINGS CO	$93.00	10,175,111	0.48%	84.94	84.24	77.38	64.92	51.06	65.34	92.66	86.39	95.55	94.24	3.69	2.69	1.00	1.28
CBAT	CBAK ENERGY TECHNOLOGY INC	$1.10	82,712	5.85%	1.01	0.98	1.02	1.03	0.97	62.75	93.80	88.86	98.87	96.96	0.01	-0.01	0.02	1.05
GWH	ESS TECH INC	$0.75	343,255	-60.68%	0.70	0.70	0.75	0.91	1.21	57.04	66.44	56.95	94.06	96.51	-0.01	-0.02	0.01	1.54
RAYA	ERAYAK POWER SOLUTION GROUP INC	$0.62	8,221	-73.59%	0.65	0.64	0.68	0.74	0.93	46.52	56.57	57.70	60.33	72.30	-0.01	-0.01	0.00	1.61
ULBI	ULTRALIFE CORP	$11.70	211,269	-23.29%	9.74	9.42	9.30	8.24	8.41	73.58	92.76	87.07	100.00	93.26	0.51	0.18	0.33	0.69
NVX	NOVONIX LTD	$2.26	28,734	-1.48%	2.34	2.52	2.46	2.09	2.15	44.82	18.32	14.16	19.64	13.62	-0.04	-0.00	-0.03	1.54
ZEO	ZEO ENERGY CORP	$4.52	27,515	719.14%	4.92	5.19	6.74	9.02	10.08	21.82	27.79	28.94	0.00	12.45	-0.56	-0.60	0.04	-0.03
AMPX	AMPRIUS TECHNOLOGIES INC	$1.87	477,384	-57.28%	1.74	1.86	2.51	3.37	4.04	41.10	52.69	34.50	99.34	84.52	-0.23	-0.29	0.05	0.36
ENVX	ENOVIX CORP	$6.26	3,321,870	-36.95%	6.20	6.77	8.03	9.76	11.58	38.77	37.95	28.14	92.78	68.76	-0.55	-0.60	0.05	2.16
FCEL	FUELCELL ENERGY INC	$0.93	60,872,252	33.08%	0.90	1.01	1.10	1.23	1.34	42.52	29.68	22.22	61.06	45.83	-0.07	-0.06	-0.00	1.88
SLDP	SOLID POWER INC	$1.69	1,143,212	-29.64%	1.66	1.70	1.64	1.54	1.75	51.30	49.77	40.71	72.99	59.06	0.00	0.01	-0.00	1.48
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$1.34	7,376	172.68%	1.34	1.37	1.35	1.35	1.45	47.76	27.32	17.28	15.76	7.53	-0.01	-0.00	-0.01	0.23
BE	BLOOM ENERGY CORP	$11.13	6,121,442	16.57%	10.02	10.63	10.10	11.49	12.65	58.68	66.39	44.63	86.13	59.18	-0.05	-0.11	0.06	1.89
LTBR	LIGHTBRIDGE CORP	$2.48	73,898	66.99%	2.55	2.66	2.80	3.03	3.88	38.27	33.33	37.21	64.96	70.12	-0.09	-0.09	0.00	1.06
MVST	MICROVAST HOLDINGS INC	$0.39	1,926,953	35.06%	0.45	0.49	0.64	0.87	1.33	31.58	31.08	27.75	33.54	23.56	-0.07	-0.07	-0.00	0.75
FLUX	FLUX POWER HOLDINGS INC	$4.65	103,872	67.49%	4.40	4.57	4.50	4.41	4.25	53.83	67.20	54.49	76.63	61.87	0.02	-0.00	0.02	0.93
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$23.29	1,749,066	757.29%	24.41	24.93	25.34	25.48	22.55	22.92	28.13	32.16	31.75	36.30	-0.39	-0.28	-0.11	0.66
OPTT	OCEAN POWER TECHNOLOGIES INC	$0.19	1,168,411	315.90%	0.19	0.22	0.26	0.29	0.35	31.48	22.11	17.91	83.17	67.25	-0.02	-0.02	0.00	0.92
PLUG	PLUG POWER INC	$2.31	29,726,144	6.17%	2.50	2.77	3.20	3.63	5.67	28.15	12.70	12.33	8.32	7.91	-0.27	-0.24	-0.02	1.76
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$10.80	74,427	451.39%	10.86	10.63	10.49	8.90	7.86	57.46	95.75	98.33	82.03	93.05	0.17	0.18	-0.00	0.41
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$0.86	634,713	37.47%	3.12	3.79	6.62	9.20	13.60	32.44	19.33	13.56	99.03	67.89	-1.10	-1.21	0.10	0.45
SKYX	SKYX PLATFORMS CORP	$1.03	198,282	-59.97%	0.91	0.98	1.15	1.38	1.53	50.08	66.46	46.57	74.60	41.27	-0.08	-0.09	0.02	0.84
FREY	FREYR BATTERY INC	$1.65	930,138	11.25%	1.64	1.78	1.68	1.68	3.37	46.68	31.26	23.17	39.17	27.15	-0.02	-0.00	-0.02	0.70
IPWR	IDEAL POWER INC	$7.81	48,093	259.14%	7.55	7.78	9.51	8.67	9.27	45.13	53.98	46.09	94.92	85.58	-0.42	-0.52	0.10	1.06
OESX	ORION ENERGY SYSTEMS INC	$0.86	6,651	-16.55%	0.86	0.88	0.90	0.95	1.12	45.27	12.12	12.49	35.43	34.49	-0.02	-0.02	0.00	0.92
ELVA	ELECTROVAYA INC	$3.26	25,700	-30.25%	1.08	1.17	1.34	1.61	3.66	34.94	12.38	19.02	36.94	57.98	-0.10	-0.09	-0.00	0.81
EPOW	SUNRISE NEW ENERGY CO LTD	$0.75	10,966	69.83%	0.77	0.81	0.85	0.93	1.35	39.78	45.08	37.96	82.84	68.42	-0.03	-0.03	-0.00	0.72
XPON	EXPION360 INC	$2.20	25,886	-40.31%	2.33	2.21	2.96	3.83	4.25	43.49	25.69	26.93	59.17	59.93	-0.20	-0.25	0.05	1.08
EOSE	EOS ENERGY ENTERPRISES INC	$0.77	2,504,875	-36.40%	0.77	0.85	0.94	1.01	1.62	37.02	32.02	27.01	83.56	63.27	-0.06	-0.06	-0.00	1.82
POLA	POLAR POWER INC	$0.37	21,584	-21.64%	0.36	0.41	0.43	0.42	0.75	42.63	19.18	17.12	42.77	36.20	-0.03	-0.02	-0.01	1.03
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$2.33	61,887	79.52%	16.56	16.34	16.35	N/A	N/A	50.12	47.00	52.37	40.99	46.79	0.07	0.06	0.01	0.96
SVT	SERVOTRONICS INC	$13.00	4,265	80.19%	12.09	12.29	12.76	12.75	11.92	56.27	91.18	75.10	100.00	87.88	-0.09	-0.21	0.12	0.27
NXU	NXU INC	$0.52	887,605	1.79%	0.41	0.49	0.68	1.27	14.85	47.41	56.33	35.19	100.00	69.50	-0.08	-0.10	0.02	2.23
SERV	SERVE ROBOTICS INC	$2.66	142,686	-21.86%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1.17
NEOV	NEOVOLTA INC	$2.31	163,463	-67.41%	2.01	2.01	1.46	1.55	2.02	64.03	72.14	62.52	34.22	25.97	0.20	0.20	0.01	0.07
STI	SOLIDION TECHNOLOGY INC	$2.10	311,259	-43.37%	1.90	2.44	1.91	4.34	7.59	47.35	42.63	38.44	68.37	60.95	-0.11	-0.10	-0.01	0.12
RFIL	R F INDUSTRIES LTD	$2.86	23,963	754.60%	2.98	3.02	3.11	3.05	3.14	32.11	6.25	14.42	16.33	28.81	-0.05	-0.04	-0.01	0.58
EAF	GRAFTECH INTERNATIONAL LTD	$1.72	3,638,347	47.07%	1.59	1.59	1.57	1.69	2.64	58.08	48.44	44.71	49.52	42.33	0.03	0.02	0.01	1.28
CAPT	CAPTIVISION INC	$4.95	16,019	-47.00%	5.17	5.30	5.75	5.27	6.56	43.30	38.36	38.11	60.85	59.58	-0.19	-0.20	0.00	0.14
GTI	GRAPHJET TECHNOLOGY	$7.20	35,353	136.32%	7.58	8.08	8.91	10.20	10.66	42.55	23.45	22.50	19.79	18.06	-0.54	-0.43	-0.12	-0.10
NCNC	NOCO-NOCO INC	$0.23	42,195	-64.41%	0.23	0.25	0.23	0.21	1.78	45.29	40.57	38.85	24.97	22.11	-0.00	0.00	-0.00	-0.23

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 -31.65% over the past year, underperforming other electrical equipment & part stocks by -61 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 176.32% from Pioneer Power Solutions's current stock price of $3.80.

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 56, which is 28 points higher than the electrical equipment & part industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 255.46% over the past year, overperforming other electrical equipment & part stocks by 226 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third 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. Encore Wire has seen its stock return 72.43% over the past year, overperforming other electrical equipment & part stocks by 43 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 4.7% from Encore Wire's current stock price of $279.36.

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 4.18%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.97%. 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 91.6% 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 2.27%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.97%. 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 26.5% indicates that its dividend yield is sustainable for the long-term.

3. Hubbell (NYSE:HUBB)

Hubbell (NYSE:HUBB) has an annual dividend yield of 1.26%, which is the same as the electrical equipment & part industry average of 0.97%. 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 32.4% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -3.64% in the last day, and down -1.22% over the last week. Hubbell was the among the top losers in the electrical equipment & parts industry, dropping -9.01% yesterday.

Hubbell shares are trading lower following Q1 earnings,

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 74 points higher than the electrical equipment & part industry average of 26. 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 43 percentage points.

2. Advanced Energy Industries (NASDAQ:AEIS)

Advanced Energy Industries (NASDAQ:AEIS) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Advanced Energy Industries has a valuation score of 71, which is 45 points higher than the electrical equipment & part industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 9.56% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -20 percentage points.

3. Asia Pacific Wire & Cable (NASDAQ:APWC)

Asia Pacific Wire & Cable (NASDAQ:APWC) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Asia Pacific Wire & Cable has a valuation score of 71, which is 45 points higher than the electrical equipment & part industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -21.7% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -51 percentage points.

Are electrical equipment & part stocks a good buy now?

45.16% 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 13.34% 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 38.02x.

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.