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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
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
PPSI
PIONEER POWER SOLUTIONS INC
$3.84$4.87-21.16%21.33x21.33x0.90x2.06x0.35x-$5.53M-14.38%$18.50M1.85$32.01M9.78
WIRE
ENCORE WIRE CORP
$280.94$295.96-5.07%14.47xN/A1.74x2.45x0.52x$247.36M5.59%$1.81B115.20$3.82B8.60
POWL
POWELL INDUSTRIES INC
$161.58$564.03-71.35%18.83xN/A2.28x4.92x0.11x$221.33M11.42%$393.79M32.84$1.61B11.72
MAMO
MASSIMO GROUP
$4.02$16.35-75.42%15.46xN/A1.40x11.46x0.09x$10.79M6.72%$14.49M0.36$175.08M10.70
ENR
ENERGIZER HOLDINGS INC
$29.45$52.53-43.94%22.48x8.32x0.73x12.39x0.23x$339.50M16.08%$170.60M2.38$5.29B12.91
ESP
ESPEY MFG & ELECTRONICS CORP
$24.55$23.663.78%12.99xN/A1.64x1.74x0.65x$1.28M2.10%$38.22M15.42$62.95M9.87
HUBB
HUBBELL INC
$388.00N/AN/A28.74x33.59x3.80x7.11xN/A$686.70M3.30%$2.93B54.58$22.56B19.35
ENS
ENERSYS
$95.00$49.9490.24%14.16xN/A1.05x2.22x2.54x$376.25M9.79%$1.73B42.68$4.42B9.91
AYI
ACUITY BRANDS INC
$259.14$91.85182.12%21.40xN/A2.08x3.71x3.57x$504.20M6.30%$2.15B69.65$7.99B13.53
NVT
NVENT ELECTRIC PLC
$76.40$38.4398.78%21.89x34.73x3.72x3.95x1.39x$486.30M3.85%$3.21B19.41$14.25B18.59
KE
KIMBALL ELECTRONICS INC
$21.85$20.397.17%9.98xN/A0.30x0.99x0.91x-$32.61M-5.95%$546.99M21.80$825.21M6.37
PLPC
PREFORMED LINE PRODUCTS CO
$125.34$106.0818.15%11.96xN/A0.98x1.49x0.90x$62.81M10.20%$413.37M84.10$635.98M7.10
ATKR
ATKORE INC
$176.40$280.50-37.11%10.42xN/A1.86x4.32x0.33x$538.80M8.31%$1.50B40.86$7.02B7.23
ULBI
ULTRALIFE CORP
$13.25N/AN/A20.70xN/A1.29x1.69xN/A$786.00k0.36%$128.84M7.86$233.22M12.12
CBAT
CBAK ENERGY TECHNOLOGY INC
$1.11N/AN/A-36.83xN/A0.48x0.88xN/A$15.37M15.57%$112.82M1.26$130.46M13.12
VRT
VERTIV HOLDINGS CO
$97.26$9.97875.53%91.75x81.05x5.28x26.13x8.20x$854.70M2.32%$1.39B3.68$39.22B44.65
AEIS
ADVANCED ENERGY INDUSTRIES INC
$100.12$89.6611.66%36.67x16.33x2.40x3.28x0.47x$124.99M3.34%$1.14B30.59$3.76B21.00
GWH
ESS TECH INC
$0.88N/AN/A-1.84x-3.15x18.74x1.49xN/A-$60.69M-43.02%$103.36M0.65$135.09M-1.93
RAYA
ERAYAK POWER SOLUTION GROUP INC
$0.67N/AN/A6.65xN/A0.39x0.41xN/A$9.25M115.94%$20.20M1.68$4.57M1.68
FCEL
FUELCELL ENERGY INC
$0.87N/AN/A-3.33x-5.77x3.79x0.59xN/A-$245.74M-62.89%$663.93M1.47$224.91M-3.19
NVX
NOVONIX LTD
$2.30N/AN/A-575.00xN/A34.85x1.53xN/A-$55.42M-19.74%$183.94M1.51$271.70MN/A
ZEO
ZEO ENERGY CORP
$4.53N/AN/A0.73xN/A0.04x5.64xN/A$10.18M224.81%$32.33M32.33$177.31M21.58
AMPX
AMPRIUS TECHNOLOGIES INC
$2.33N/AN/A-5.42xN/A22.19x3.57xN/A-$43.10M-21.46%$59.80M0.69$203.23M-6.01
SLDP
SOLID POWER INC
$1.91N/AN/A-5.16xN/A19.49x0.69xN/A-$92.77M-27.28%$503.34M2.83$320.90M-6.09
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.42N/AN/A7.47xN/A0.07x0.19xN/A-$5.78M-19.72%$157.06M7.62$47.13M3.69
HAYW
HAYWARD HOLDINGS INC
$14.41$15.72-8.36%36.03x13.59x3.10x2.34x0.37x$168.19M5.45%$1.32B6.16$4.07B17.72
ENVX
ENOVIX CORP
$9.78N/AN/A-7.24x-11.78x203.75x6.38xN/A-$166.43M-10.70%$258.15M1.62$1.61B-9.11
SKYX
SKYX PLATFORMS CORP
$0.97N/AN/A-2.16xN/A1.46x5.79xN/A-$12.99M-15.15%$16.22M0.18$112.24M-3.42
BE
BLOOM ENERGY CORP
$12.20N/AN/A-8.59x22.59x1.95x5.47xN/A-$456.26M-17.58%$502.08M2.36$3.45B-36.08
LTBR
LIGHTBRIDGE CORP
$2.50N/AN/A-3.85xN/AN/A1.21xN/A-$6.48M-21.44%$28.91M2.39$6.26M-0.79
MVST
MICROVAST HOLDINGS INC
$0.43N/AN/A-1.27x-1.73x0.44x0.24xN/A-$260.44M-193.98%$564.19M1.82$257.79M-3.30
FLUX
FLUX POWER HOLDINGS INC
$4.95N/AN/A-13.75x33.00x1.27x11.08xN/A-$6.75M-8.26%$7.38M0.45$94.17M-34.29
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$23.65N/AN/A17.52xN/A1.86x1.18xN/A$58.27M3.97%$1.24B20.04$761.12M7.21
OPTT
OCEAN POWER TECHNOLOGIES INC
$0.19N/AN/A-0.37xN/A2.26x0.45xN/A-$32.27M-288.42%$25.26M0.43$9.11M-0.29
PLUG
PLUG POWER INC
$2.71N/AN/A-1.18x-135.50x1.81x0.64xN/A-$1.80B-111.66%$2.90B4.87$1.65B-1.31
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$10.94N/AN/A-9.00x218.80x4.79x15.17xN/A-$32.88M-5.95%$36.47M0.72$540.69M-12.73
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$0.97N/AN/A-3.75xN/A0.80x2.10xN/A-$24.59M-47.84%$27.91M0.53$69.29M20.32
FREY
FREYR BATTERY INC
$1.79N/AN/A-3.51x-0.77xN/A0.39xN/A-$272.25M-108.88%$633.20M4.53-$6.85M0.10
IPWR
IDEAL POWER INC
$7.72N/AN/A-4.80xN/A241.25x5.66xN/A-$7.37M-15.43%$10.06M1.63$48.64M-5.06
ELVA
ELECTROVAYA INC
$3.23N/AN/A-80.75xN/A2.48x15.29xN/A$2.38M2.17%$7.15M0.21$127.28M-101.74
OESX
ORION ENERGY SYSTEMS INC
$0.87N/AN/A-1.53x2.90x0.33x1.37xN/A-$8.07M-28.51%$20.66M0.64$33.37M-2.23
XPON
EXPION360 INC
$1.88N/AN/A-1.74xN/A2.17x2.47xN/A-$5.51M-42.61%$5.35M0.78$15.20M-2.13
EPOW
SUNRISE NEW ENERGY CO LTD
$0.78N/AN/A-0.89xN/A0.41x0.85xN/A-$32.68M-165.47%$23.20M0.92$28.54M-1.74
EOSE
EOS ENERGY ENTERPRISES INC
$0.73N/AN/A-0.40x-6.08x5.66x-1.34xN/A-$174.34M-188.08%-$110.80M-0.87$283.72M-1.75
POLA
POLAR POWER INC
$0.36N/AN/A-0.74xN/A0.31x0.48xN/A-$3.62M-75.41%$13.19M0.99$13.50M-2.41
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$2.33N/AN/A-116.40xN/A1.46x2.45xN/A$2.32M9.97%$10.70M1.07$20.59M61.09
SVT
SERVOTRONICS INC
$12.99N/AN/A-2.97xN/A0.76x1.35xN/A-$7.33M-22.18%$24.49M9.63$34.90M-4.22
NXU
NXU INC
$0.49N/AN/A-0.00xN/AN/A0.03xN/A-$29.13M-48,116.70%$7.93M63.50-$5.30M0.08
NEOV
NEOVOLTA INC
$2.51N/AN/A-41.83xN/A26.70x14.73xN/A-$1.92M-2.31%$5.66M0.17$81.92M-42.26
STI
SOLIDION TECHNOLOGY INC
$2.38N/AN/AN/AN/AN/A-6.11xN/A-$2.66M-1.51%-$28.53M-0.39$176.94M-33.23
SERV
SERVE ROBOTICS INC
$2.67N/AN/A-1.53xN/A178.00xN/AN/A-$15.98M-42.13%-$4.03M-0.28N/AN/A
RFIL
R F INDUSTRIES LTD
$2.90N/AN/A-9.35xN/A0.45x0.79xN/A$2.64M8.76%$38.66M3.71$59.36M-22.87
EAF
GRAFTECH INTERNATIONAL LTD
$1.81N/AN/A-1.68xN/A0.75x12.37xN/A$12.08M2.60%$37.62M0.15$1.23B-6.91
CAPT
CAPTIVISION INC
$4.98N/AN/A-1.23xN/A9.86x-3.28xN/A-$10.48M-7.27%-$44.00M-1.52$164.17M-2.32
GTI
GRAPHJET TECHNOLOGY
$7.44N/AN/A-7.91xN/AN/A-415.28xN/A-$223.69k-1.20%-$2.58M-1.03$1.07B-569.28
NCNC
NOCO-NOCO INC
$0.21N/AN/A-1.48xN/AN/A-7.62xN/A-$2.99M-11.59%-$3.68M-0.03$28.23M-1.68

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 -34.36% over the past year, underperforming other electrical equipment & part stocks by -66 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 173.44% from Pioneer Power Solutions's current stock price of $3.84.

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 213.87% over the past year, overperforming other electrical equipment & part stocks by 182 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 68.61% over the past year, overperforming other electrical equipment & part stocks by 37 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 4.11% from Encore Wire's current stock price of $280.94.

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 4.07%, 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 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 2.34%, which is 1 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 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 1.21%, 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 up?

Electrical equipment & part stocks were up 1.02% in the last day, and up 0.44% over the last week.

We couldn't find a catalyst for why electrical equipment & part stocks are up.

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 68.61% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 37 percentage points.

2. Hollysys Automation Technologies (NASDAQ:HOLI)


Hollysys Automation Technologies (NASDAQ:HOLI) is the second 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 48.37% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 17 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 -11.25% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -43 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 9.84% 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 39.85x.
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.