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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 %
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Volume
Vol 1d %
PPSI
PIONEER POWER SOLUTIONS INC
$3.871.84%5.16%-34.85%-28.33%-29.32%-30.40%-1.53%-23.21%-56.95%$9.84$3.6160.68%7.20%0.7533,629-42.44%
POWL
POWELL INDUSTRIES INC
$170.0118.89%13.92%24.45%46.56%118.61%322.60%372.78%483.02%169.30%$197.87$45.9714.08%269.83%0.961,093,305230.88%
WIRE
ENCORE WIRE CORP
$281.000.59%-0.50%5.09%21.50%57.08%73.45%264.98%407.04%476.77%$295.90$150.515.04%86.70%1.09197,751-39.97%
MAMO
MASSIMO GROUP
$4.271.18%-3.83%41.86%N/AN/AN/AN/AN/AN/A$4.66$2.908.37%47.24%-0.056,721-79.55%
ENR
ENERGIZER HOLDINGS INC
$28.760.14%0.10%-1.00%-10.93%-8.70%-14.12%-42.20%-39.41%N/A$37.32$26.9222.94%6.84%0.95572,98431.06%
ESP
ESPEY MFG & ELECTRONICS CORP
$24.99-1.23%9.80%-1.63%11.07%53.97%12.47%66.05%0.16%-6.05%$27.32$14.698.53%70.12%0.3416,256-70.36%
PLPC
PREFORMED LINE PRODUCTS CO
$124.322.72%-0.23%-1.64%-2.91%-10.24%-2.65%81.70%128.66%112.59%$184.82$104.9632.73%18.44%0.8710,594-39.92%
ENS
ENERSYS
$91.120.74%0.82%-2.02%-6.60%6.04%9.09%-0.10%32.17%35.74%$113.34$79.9019.60%14.04%1.36178,724-8.90%
AYI
ACUITY BRANDS INC
$246.02-0.92%-2.79%-7.21%2.45%51.57%54.82%31.06%70.46%99.00%$272.74$149.309.80%64.78%1.15264,77716.57%
HUBB
HUBBELL INC
$373.300.75%-6.34%-10.44%8.61%33.75%36.81%92.80%193.87%216.95%$429.61$248.3713.11%50.30%1.03907,624-45.02%
KE
KIMBALL ELECTRONICS INC
$20.990.29%0.14%-2.82%-14.19%-21.21%3.40%-10.57%39.56%N/A$31.43$19.6933.22%6.60%1.0285,695-37.00%
NVT
NVENT ELECTRIC PLC
$71.07-1.39%-3.59%-5.44%13.71%43.98%66.60%131.95%155.28%N/A$78.98$40.2210.02%76.70%1.231,704,760-23.45%
HAYW
HAYWARD HOLDINGS INC
$13.52-0.44%-0.52%-9.93%6.88%27.55%12.76%-32.33%N/AN/A$16.04$9.8015.71%37.96%1.392,942,90683.96%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$96.080.25%3.49%-5.19%-9.35%13.57%9.83%-11.33%68.21%349.18%$126.38$81.8623.98%17.37%1.54413,81536.72%
CBAT
CBAK ENERGY TECHNOLOGY INC
$1.154.09%9.05%10.10%9.05%44.94%46.79%-73.98%18.04%-54.56%$1.45$0.7421.03%54.73%1.0591,92011.13%
VRT
VERTIV HOLDINGS CO
$88.52-4.82%4.67%10.10%48.87%120.03%497.30%287.91%774.70%N/A$95.70$14.287.50%520.11%1.2810,946,2267.58%
ATKR
ATKORE INC
$175.00-0.17%-2.29%-9.60%18.34%35.08%38.80%109.38%614.29%N/A$194.98$116.1410.25%50.68%1.40605,55019.48%
GWH
ESS TECH INC
$0.760.27%7.39%8.00%-19.75%-35.93%-28.00%-92.31%N/AN/A$2.12$0.6164.34%23.73%1.54434,63926.62%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$0.61-2.58%-7.21%-0.33%-12.70%-22.44%-71.86%N/AN/AN/A$2.68$0.4477.43%37.50%1.617,554-8.11%
ULBI
ULTRALIFE CORP
$11.972.31%37.11%20.18%70.51%60.89%190.53%51.14%8.13%218.35%$12.22$3.922.01%205.36%0.68119,736-43.33%
ZEO
ZEO ENERGY CORP
$4.601.79%-7.54%-20.14%-59.65%-59.29%-56.95%N/AN/AN/A$12.34$4.0362.72%14.14%-0.031,958-92.88%
NVX
NOVONIX LTD
$2.280.88%0.44%-5.79%56.16%19.37%-7.32%N/AN/AN/A$3.59$1.4036.49%62.86%1.5414,297-50.24%
AMPX
AMPRIUS TECHNOLOGIES INC
$2.017.49%21.82%-22.39%-51.45%-32.55%-78.20%N/AN/AN/A$10.63$1.5681.09%28.85%0.36593,23024.27%
FCEL
FUELCELL ENERGY INC
$0.90-3.13%4.17%-25.08%-31.37%-13.56%-55.93%-90.11%-68.64%-99.72%$2.94$0.7969.42%13.80%1.8824,085,721-60.43%
SLDP
SOLID POWER INC
$1.732.37%2.37%-12.63%-2.81%30.08%-20.28%-82.73%N/AN/A$3.20$1.1045.94%56.84%1.481,531,98234.01%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.393.81%1.46%0.72%2.96%3.73%-18.71%-55.87%-37.95%-43.95%$2.36$1.2041.10%15.83%0.2315,156105.48%
ENVX
ENOVIX CORP
$6.513.99%8.14%-17.70%-30.89%-28.07%-40.44%-51.27%N/AN/A$23.90$5.7072.76%14.21%2.166,987,134110.34%
SKYX
SKYX PLATFORMS CORP
$1.051.94%26.20%-16.67%-27.59%-35.58%-70.00%N/AN/AN/A$3.69$0.7271.54%45.23%0.84196,020-1.14%
BE
BLOOM ENERGY CORP
$11.311.62%17.32%-3.58%-5.83%12.87%-31.54%-54.45%-21.02%N/A$18.76$8.4139.71%34.45%1.894,525,284-26.07%
LTBR
LIGHTBRIDGE CORP
$2.625.65%1.16%-12.37%-17.09%-39.84%-26.82%-49.71%-77.72%-98.11%$6.70$2.4060.90%9.39%1.0625,495-65.50%
FLUX
FLUX POWER HOLDINGS INC
$4.803.23%12.68%10.34%3.45%48.61%14.83%-55.72%-60.00%-85.88%$5.87$2.9718.16%61.62%0.9454,932-47.12%
MVST
MICROVAST HOLDINGS INC
$0.403.06%-10.22%-54.86%-56.42%-67.15%-57.47%-96.61%-95.87%N/A$2.91$0.3286.12%26.65%0.752,184,19013.35%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$23.520.99%-4.08%-8.62%-6.48%13.62%47.92%72.81%15.35%5.19%$27.26$15.1313.70%55.50%0.66478,304-72.65%
OPTT
OCEAN POWER TECHNOLOGIES INC
$0.19-1.55%2.70%-27.20%-37.29%-29.63%-62.82%-92.18%-93.04%-99.96%$0.77$0.1875.29%7.34%0.92267,130-77.14%
PLUG
PLUG POWER INC
$2.30-0.43%-4.56%-33.14%-51.06%-60.00%-73.95%-91.36%-8.37%-50.96%$13.44$2.2582.89%2.22%1.7642,776,33243.90%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$0.894.08%5.93%71.40%93.71%24.03%-82.69%N/AN/AN/A$5.33$0.4383.25%110.12%0.44512,602-19.24%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$10.880.74%-0.18%4.21%43.92%67.38%353.33%11.82%N/AN/A$11.48$2.135.23%411.76%0.4120,384-72.61%
ELVA
ELECTROVAYA INC
$3.20-1.84%3.23%-11.60%-15.57%25.00%N/AN/AN/AN/A$5.50$2.3441.82%36.75%0.826,180-75.95%
OESX
ORION ENERGY SYSTEMS INC
$0.85-1.63%-4.30%-3.97%-17.86%-14.63%-44.34%-85.54%-48.10%-83.70%$1.94$0.8156.39%3.93%0.928,38026.00%
IPWR
IDEAL POWER INC
$7.44-4.80%-0.47%-12.63%1.71%-0.47%-21.61%-22.63%74.53%-90.91%$13.98$6.6146.82%12.48%1.0623,968-50.16%
FREY
FREYR BATTERY INC
$1.681.82%8.39%-6.15%22.63%-47.00%-75.00%-83.17%N/AN/A$10.10$1.2183.37%38.84%0.70855,728-8.00%
EPOW
SUNRISE NEW ENERGY CO LTD
$0.75-0.13%5.49%-14.50%-20.82%-51.68%-60.37%-76.15%N/AN/A$2.85$0.7073.72%6.85%0.726,860-37.44%
XPON
EXPION360 INC
$2.220.91%4.23%-13.62%-47.76%-44.64%-54.51%N/AN/AN/A$6.39$1.7965.26%24.02%1.0838,79349.86%
EOSE
EOS ENERGY ENTERPRISES INC
$0.66-15.27%-13.82%-34.10%-47.60%-61.47%-61.70%-95.12%N/AN/A$5.67$0.6488.44%1.87%1.8210,271,858310.07%
POLA
POLAR POWER INC
$0.370.82%4.80%-25.95%12.42%-55.35%-68.02%-96.59%-91.41%N/A$1.88$0.3280.27%15.94%1.0325,96020.27%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$2.434.29%5.65%-17.35%-37.69%N/AN/AN/AN/AN/A$30.00$2.1191.90%15.17%0.9144,663-27.83%
SVT
SERVOTRONICS INC
$12.90-0.77%5.82%-0.91%-4.93%33.96%13.46%63.50%1.98%65.36%$14.32$8.809.92%46.59%0.278,16891.51%
STI
SOLIDION TECHNOLOGY INC
$2.162.86%9.09%-11.48%-62.50%-80.11%-79.43%N/AN/AN/A$13.85$0.3784.40%482.21%0.121,675,064438.16%
SERV
SERVE ROBOTICS INC
$2.711.88%-3.90%N/AN/AN/AN/AN/AN/AN/A$4.96$2.3345.36%16.31%-1.33170,38619.41%
NEOV
NEOVOLTA INC
$2.29-0.87%6.02%80.31%46.79%10.10%59.03%N/AN/AN/A$4.40$0.6347.95%265.81%0.0793,639-42.72%
NXU
NXU INC
$0.530.76%45.98%-23.40%-42.53%-89.34%-99.29%N/AN/AN/A$129.00$0.3499.59%55.00%2.22337,525-61.97%
RFIL
R F INDUSTRIES LTD
$2.901.40%-1.69%-5.84%-8.95%-1.02%-27.50%-55.73%-61.89%-52.85%$5.08$2.5142.91%15.54%0.582,579-89.24%
EAF
GRAFTECH INTERNATIONAL LTD
$1.67-2.91%1.21%19.29%24.63%-51.17%-60.80%-87.47%-85.01%N/A$5.32$1.1868.58%41.53%1.283,182,685-12.52%
CAPT
CAPTIVISION INC
$4.85-1.94%-1.14%-20.69%-28.30%0.71%-53.64%N/AN/AN/A$12.00$1.1559.55%322.09%0.1435,040118.74%
GTI
GRAPHJET TECHNOLOGY
$6.89-4.32%-3.52%-7.16%-40.41%-38.49%-35.01%N/AN/AN/A$14.00$3.4050.79%102.62%-0.108,514-75.92%
NCNC
NOCO-NOCO INC
$0.21-8.37%-6.73%-22.10%39.60%-48.89%-98.01%N/AN/AN/A$11.42$0.1298.18%67.74%-0.23348,180725.17%

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 -30.4% over the past year, underperforming other electrical equipment & part stocks by -62 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 171.32% from Pioneer Power Solutions's current stock price of $3.87.

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 322.6% over the past year, overperforming other electrical equipment & part stocks by 291 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 73.45% over the past year, overperforming other electrical equipment & part stocks by 42 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 4.09% from Encore Wire's current stock price of $281.00.

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 4.17%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.96%. 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 2.3%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.96%. 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 1.25%, which is the same as the electrical equipment & part industry average of 0.96%. 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 up?

Electrical equipment & part stocks were up 1.46% in the last day, and down -0.18% over the last week. Powell Industries was the among the top gainers in the electrical equipment & parts industry, gaining 18.89% yesterday.

Powell Industries shares are trading higher after the company reported better-than-expected Q2 financial results.

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 73.45% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 42 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 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 9.83% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -22 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 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -18.71% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -50 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 13.78% 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 36.34x.
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.