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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
Price
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1m %
3m %
6m %
1y %
3y %
5y %
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52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
WIRE
ENCORE WIRE CORP
$287.00-0.08%10.19%24.96%35.22%63.81%70.03%305.08%371.73%493.10%$295.90$138.203.01%107.67%1.09863,620-10.02%
PPSI
PIONEER POWER SOLUTIONS INC
$3.65-0.82%-16.86%-33.27%-26.85%-36.85%-29.54%-4.45%-30.48%-61.17%$9.84$3.6162.92%1.11%0.7663,889-61.61%
POWL
POWELL INDUSTRIES INC
$128.143.81%-1.35%-16.61%56.90%66.33%211.02%265.49%316.17%99.97%$197.87$38.9135.24%229.32%0.96259,02557.03%
MAMO
MASSIMO GROUP
$4.06-6.88%1.00%N/AN/AN/AN/AN/AN/AN/A$4.66$2.9012.88%40.00%0.5474,785-78.73%
ESP
ESPEY MFG & ELECTRONICS CORP
$21.82-3.02%-4.59%-12.72%12.94%44.98%-2.72%38.01%-11.12%-17.82%$27.32$14.6920.13%48.54%0.3518,819743.15%
ENR
ENERGIZER HOLDINGS INC
$27.971.71%1.52%-0.46%-11.74%-13.30%-13.00%-44.12%-42.34%N/A$37.32$26.9225.05%3.91%0.95496,71436.75%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$90.81-1.75%-8.90%-4.78%-11.61%-4.99%0.30%-18.90%57.88%284.95%$126.38$81.8628.15%10.93%1.54198,0890.41%
HUBB
HUBBELL INC
$392.280.34%-3.43%-1.83%20.45%35.30%68.04%107.50%210.91%233.86%$429.61$229.838.69%70.68%1.02298,507-24.78%
AYI
ACUITY BRANDS INC
$246.86-0.75%-6.85%-6.01%9.04%45.94%52.27%42.04%73.31%93.42%$272.74$149.309.49%65.34%1.15244,3932.03%
ENS
ENERSYS
$90.200.87%-1.15%0.51%-7.14%-1.14%8.49%-1.92%25.91%34.73%$113.34$79.9020.42%12.89%1.36256,218-5.23%
PLPC
PREFORMED LINE PRODUCTS CO
$120.42-1.71%-4.41%-1.21%-4.78%-14.83%-5.99%76.39%111.75%94.98%$184.82$104.9634.84%14.73%0.888,032-44.81%
KE
KIMBALL ELECTRONICS INC
$20.931.31%-0.29%4.23%-11.01%-20.63%-5.51%-6.98%30.49%N/A$31.43$19.5233.41%7.23%1.02108,30929.60%
NVT
NVENT ELECTRIC PLC
$71.54-1.38%-4.49%1.27%27.11%45.05%67.27%141.85%154.23%N/A$78.98$40.199.42%78.01%1.231,510,00521.26%
ULBI
ULTRALIFE CORP
$8.810.34%-1.01%1.73%26.22%-18.43%118.07%4.38%-19.40%140.71%$11.85$3.9225.65%124.74%0.6924,478-49.17%
ATKR
ATKORE INC
$171.180.62%-2.19%-3.88%12.06%30.65%27.44%134.53%610.00%N/A$194.98$116.1412.21%47.39%1.40338,184-24.10%
CBAT
CBAK ENERGY TECHNOLOGY INC
$0.953.04%1.93%-8.21%-11.21%20.10%4.40%-77.59%-8.65%-65.58%$1.45$0.7434.48%28.38%1.05111,8617.57%
HAYW
HAYWARD HOLDINGS INC
$13.17-0.60%-6.13%-7.25%8.57%4.94%17.28%-19.70%N/AN/A$16.04$9.8017.89%34.39%1.39919,547-17.63%
GWH
ESS TECH INC
$0.66-0.15%-4.18%0.61%-30.47%-58.76%-46.45%-93.25%N/AN/A$2.12$0.6168.68%8.67%1.55502,6727.05%
LTBR
LIGHTBRIDGE CORP
$2.50-0.79%-10.71%-21.88%-19.09%-49.80%-37.50%-50.88%-75.77%-98.24%$6.70$2.4562.69%2.04%1.0643,474-49.10%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$0.6813.33%-4.23%-10.88%-25.19%-29.90%-62.01%N/AN/AN/A$2.68$0.4474.63%54.55%1.5942,208254.81%
ZEO
ZEO ENERGY CORP
$5.01-3.65%-5.83%-22.92%-55.74%-55.35%-52.40%N/AN/AN/A$12.34$4.7559.40%5.47%-0.031,950-68.01%
AMPX
AMPRIUS TECHNOLOGIES INC
$1.761.73%-9.74%-37.14%-61.32%-49.57%-80.89%N/AN/AN/A$10.63$1.6583.44%6.99%0.34800,548118.92%
ENVX
ENOVIX CORP
$6.01-9.35%-18.12%-18.01%-37.40%-42.21%-54.85%-57.07%N/AN/A$23.90$5.8774.85%2.47%2.1613,028,590176.73%
VRT
VERTIV HOLDINGS CO
$81.01-1.06%-6.17%5.02%59.19%109.06%555.42%264.09%706.07%N/A$88.70$11.958.66%577.91%1.276,570,4376.98%
FCEL
FUELCELL ENERGY INC
$0.93-6.90%-18.33%-12.99%-18.33%-27.27%-57.10%-89.89%-64.73%-99.74%$2.94$0.9268.33%0.98%1.8969,140,866713.85%
SLDP
SOLID POWER INC
$1.58-0.63%-8.67%17.04%35.04%-2.47%-34.03%-84.20%N/AN/A$3.20$1.1050.63%43.25%1.491,761,10946.62%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.37-0.72%-2.84%2.01%-4.20%7.87%-7.12%-55.23%-38.01%-46.48%$2.36$1.2041.95%14.17%0.231,337131.31%
BE
BLOOM ENERGY CORP
$9.75-0.51%-14.32%-0.31%-13.49%-18.89%-46.72%-56.26%-24.77%N/A$18.76$8.4148.03%15.91%1.884,119,427-3.77%
MVST
MICROVAST HOLDINGS INC
$0.49-5.37%-4.09%-9.04%-50.30%-69.38%-58.57%-95.69%-94.97%N/A$2.91$0.4583.06%9.07%0.742,094,645-54.96%
FLUX
FLUX POWER HOLDINGS INC
$4.25-4.92%-12.19%6.25%-8.80%26.87%10.97%-59.13%-67.56%-87.12%$5.87$2.9727.54%43.10%0.9232,415-9.29%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$24.31-2.33%-4.85%-3.91%-5.59%23.84%51.94%88.01%16.04%3.53%$27.26$15.1310.81%60.73%0.66450,4973.87%
PLUG
PLUG POWER INC
$2.71-0.73%-8.45%-16.62%11.98%-61.29%-69.96%-89.26%5.45%-61.34%$13.44$2.2679.84%19.75%1.7624,903,14512.23%
OPTT
OCEAN POWER TECHNOLOGIES INC
$0.20-7.14%-18.75%-36.48%-32.76%-46.13%-63.96%-91.56%-92.32%-99.96%$0.77$0.1874.64%7.14%0.91757,855-41.11%
NVX
NOVONIX LTD
$2.36-5.98%-23.87%-3.67%47.50%46.58%-16.01%N/AN/AN/A$3.59$1.4034.26%68.57%1.529,392-12.78%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$0.7622.89%65.28%49.90%69.35%-36.92%-84.52%N/AN/AN/A$5.55$0.4386.36%78.12%0.475,362,821131.53%
SKYX
SKYX PLATFORMS CORP
$0.91-6.19%-14.95%-24.17%-43.48%-36.36%-74.07%N/AN/AN/A$3.96$0.8977.02%2.48%0.83217,2497.42%
FREY
FREYR BATTERY INC
$1.65-2.37%-16.67%16.20%19.57%-57.69%-77.97%-83.47%N/AN/A$10.10$1.2183.66%36.36%0.70984,526-5.08%
IPWR
IDEAL POWER INC
$7.22-5.12%-11.30%-35.59%-2.96%-20.22%-27.51%-21.18%14.60%-91.69%$13.98$6.6148.35%9.23%1.0533,06211.52%
ELVA
ELECTROVAYA INC
$2.91-3.96%-13.39%-25.77%-18.03%15.94%N/AN/AN/AN/A$5.50$2.3447.09%24.36%0.8610,81918.85%
OESX
ORION ENERGY SYSTEMS INC
$0.87-3.67%-1.59%-4.10%-15.92%-16.73%-46.87%-85.90%-46.54%-85.02%$1.94$0.8155.36%6.39%0.9210,830-19.84%
DCFC
TRITIUM DCFC LTD
$3.640.00%-28.35%-72.30%-87.01%-94.80%-98.42%-99.82%N/AN/A$304.00$3.2098.80%13.75%1.47812,389241.67%
EPOW
SUNRISE NEW ENERGY CO LTD
$0.820.00%2.00%-4.00%-18.40%-52.00%-62.40%-72.89%N/AN/A$2.95$0.7072.34%16.41%0.721,504-86.17%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$10.800.00%3.85%2.86%57.89%61.19%402.33%9.31%N/AN/A$11.48$1.915.92%466.93%0.415,437-70.48%
EOSE
EOS ENERGY ENTERPRISES INC
$0.77-6.55%-16.40%-20.21%-13.29%-56.74%-73.08%-94.25%N/AN/A$5.67$0.7386.41%6.21%1.813,463,3554.58%
POLA
POLAR POWER INC
$0.36-10.97%-21.02%-25.31%-6.30%-62.81%-69.22%-96.29%-92.22%N/A$1.88$0.3281.01%11.56%1.04220,580821.62%
XPON
EXPION360 INC
$3.1563.21%50.72%-1.87%-30.46%-32.69%-34.24%N/AN/AN/A$6.39$1.7950.70%75.98%1.1016,475,717432,787.99%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$2.40-2.83%-21.05%-28.78%-68.83%N/AN/AN/AN/AN/A$30.00$2.3492.00%2.56%0.22107,564-17.82%
SVT
SERVOTRONICS INC
$11.750.77%-8.22%-2.16%-6.37%11.90%1.47%55.42%-6.11%50.64%$14.32$8.8017.95%33.52%0.271,142-86.08%
STI
SOLIDION TECHNOLOGY INC
$1.50-24.24%-50.00%-44.85%-79.28%-86.18%-85.67%N/AN/AN/A$13.85$0.3789.17%304.31%0.09534,276166.19%
NXU
NXU INC
$0.39-6.55%-32.34%-50.77%-70.61%-96.28%-99.50%N/AN/AN/A$129.00$0.3599.70%9.69%2.19910,96681.24%
SERV
SERVE ROBOTICS INC
$3.11N/A0.00%N/AN/AN/AN/AN/AN/AN/A$4.96$2.7537.30%13.09%N/A3,740,933N/A
NEOV
NEOVOLTA INC
$1.863.33%-15.45%144.42%19.23%-13.49%-14.68%N/AN/AN/A$4.40$0.6357.73%197.12%0.0538,710-51.80%
RFIL
R F INDUSTRIES LTD
$3.071.32%0.66%1.66%0.00%6.23%-26.56%-52.11%-54.45%-53.27%$5.08$2.5139.57%22.31%0.586,07623.32%
CAPT
CAPTIVISION INC
$4.92-0.61%-3.91%-7.69%3.36%-14.29%-52.78%N/AN/AN/A$12.00$1.1559.00%327.83%0.0932,807-63.14%
EAF
GRAFTECH INTERNATIONAL LTD
$1.48-0.67%-13.45%-5.73%0.00%-57.23%-70.58%-87.75%-89.38%N/A$5.32$1.1872.15%25.42%1.282,186,581-15.15%
GTI
GRAPHJET TECHNOLOGY
$9.610.05%10.97%-20.89%-16.43%-13.58%-8.91%N/AN/AN/A$14.00$3.4031.36%182.65%-0.1527,460296.82%
NCNC
NOCO-NOCO INC
$0.24-0.42%-13.41%4.37%58.28%-55.82%-97.71%N/AN/AN/A$11.42$0.1297.91%92.74%-0.2553,026-78.44%

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best electrical equipment & part stocks to buy right now are:

1. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the top electrical equipment & part stock with a Zen Score of 58, which is 30 points higher than the electrical equipment & part industry average of 28. It passed 22 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 70.03% over the past year, overperforming other electrical equipment & part stocks by 58 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 1.92% from Encore Wire's current stock price of $287.00.

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.

2. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the second best 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 -29.54% over the past year, underperforming other electrical equipment & part stocks by -41 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 187.67% from Pioneer Power Solutions's current stock price of $3.65.

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.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) is the third 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 211.02% over the past year, overperforming other electrical equipment & part stocks by 199 percentage points.

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 4.29%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.01%. 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 2.64%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.01%. 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 1.19%, which is the same as the electrical equipment & part industry average of 1.01%. 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 -0.09% in the last day, and down -2.52% 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. Advanced Energy Industries (NASDAQ:AEIS)


Advanced Energy Industries (NASDAQ:AEIS) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Advanced Energy Industries has a valuation score of 86, which is 60 points higher than the electrical equipment & part industry average of 26. It passed 6 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 0.3% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -12 percentage points.

2. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 86, which is 60 points higher than the electrical equipment & part industry average of 26. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 70.03% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 58 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 -7.12% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -19 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 25.83% 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 30.18x.
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.