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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	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	$3.87	$4.87	-20.54%	21.50x	21.50x	0.91x	2.08x	0.35x	-$5.53M	-14.26%	$18.50M	1.85	$32.31M	9.87
POWL	POWELL INDUSTRIES INC	$170.01	$564.03	-69.86%	19.81x	N/A	2.40x	5.18x	0.12x	$221.33M	10.86%	$393.79M	32.84	$1.72B	12.45
WIRE	ENCORE WIRE CORP	$281.00	$295.96	-5.05%	14.47x	N/A	1.74x	2.45x	0.52x	$247.36M	5.59%	$1.81B	115.20	$3.82B	8.61
MAMO	MASSIMO GROUP	$4.27	$16.35	-73.89%	16.42x	N/A	1.48x	12.17x	0.10x	$10.79M	6.32%	$14.49M	0.36	$185.41M	11.33
ENR	ENERGIZER HOLDINGS INC	$28.76	$52.53	-45.25%	21.95x	8.12x	0.71x	12.10x	0.22x	$339.50M	16.46%	$170.60M	2.38	$5.24B	12.78
ESP	ESPEY MFG & ELECTRONICS CORP	$24.99	$23.66	5.64%	13.22x	N/A	1.67x	1.77x	0.66x	$1.28M	2.06%	$38.22M	15.42	$64.14M	10.05
PLPC	PREFORMED LINE PRODUCTS CO	$124.32	$134.69	-7.70%	9.66x	N/A	0.91x	1.46x	0.68x	$74.94M	12.25%	$416.16M	84.59	$627.86M	5.97
ENS	ENERSYS	$91.12	$49.94	82.47%	13.58x	N/A	1.01x	2.13x	2.43x	$376.25M	10.21%	$1.73B	42.68	$4.26B	9.56
AYI	ACUITY BRANDS INC	$246.02	$91.85	167.84%	20.32x	N/A	1.97x	3.52x	3.39x	$504.20M	6.64%	$2.15B	69.65	$7.58B	12.84
HUBB	HUBBELL INC	$373.30	N/A	N/A	27.65x	32.32x	3.65x	6.84x	N/A	$686.70M	3.43%	$2.93B	54.58	$21.77B	18.67
KE	KIMBALL ELECTRONICS INC	$20.99	$20.39	2.95%	9.58x	N/A	0.29x	0.95x	0.88x	-$32.61M	-6.19%	$546.99M	21.80	$803.82M	6.20
NVT	NVENT ELECTRIC PLC	$71.07	$37.56	89.22%	20.78x	32.30x	3.61x	3.73x	1.32x	$464.60M	3.95%	$3.14B	18.97	$13.33B	18.50
HAYW	HAYWARD HOLDINGS INC	$13.52	$15.73	-14.05%	35.58x	12.75x	2.90x	2.21x	0.35x	$154.16M	5.35%	$1.31B	6.15	$3.81B	16.75
AEIS	ADVANCED ENERGY INDUSTRIES INC	$96.08	$89.66	7.15%	35.19x	15.67x	2.30x	3.15x	0.45x	$124.99M	3.48%	$1.14B	30.59	$3.61B	20.16
CBAT	CBAK ENERGY TECHNOLOGY INC	$1.15	N/A	N/A	-38.17x	N/A	0.50x	0.91x	N/A	$15.37M	15.02%	$112.82M	1.26	$134.05M	13.49
VRT	VERTIV HOLDINGS CO	$88.52	$9.97	787.86%	83.51x	73.77x	4.81x	23.78x	7.46x	$854.70M	2.55%	$1.39B	3.68	$35.95B	40.93
ATKR	ATKORE INC	$175.00	$280.50	-37.61%	10.34x	N/A	1.85x	4.28x	0.33x	$538.80M	8.37%	$1.50B	40.86	$6.96B	7.17
GWH	ESS TECH INC	$0.76	N/A	N/A	-1.58x	-2.70x	16.09x	1.28x	N/A	-$60.69M	-50.13%	$103.36M	0.65	$113.22M	-1.62
RAYA	ERAYAK POWER SOLUTION GROUP INC	$0.61	N/A	N/A	6.05x	N/A	0.36x	0.37x	N/A	$9.25M	127.44%	$20.20M	1.68	$3.82M	1.41
ULBI	ULTRALIFE CORP	$11.97	N/A	N/A	18.70x	N/A	1.16x	1.53x	N/A	$786.00k	0.40%	$128.84M	7.86	$212.15M	11.03
ZEO	ZEO ENERGY CORP	$4.60	N/A	N/A	0.74x	N/A	0.04x	5.73x	N/A	$10.18M	221.39%	$32.33M	32.33	$180.13M	21.93
NVX	NOVONIX LTD	$2.28	N/A	N/A	-570.00x	N/A	34.55x	1.51x	N/A	-$55.42M	-19.91%	$183.94M	1.51	$269.25M	N/A
AMPX	AMPRIUS TECHNOLOGIES INC	$2.01	N/A	N/A	-4.67x	N/A	19.14x	3.08x	N/A	-$43.10M	-24.88%	$59.80M	0.69	$173.92M	-5.14
FCEL	FUELCELL ENERGY INC	$0.90	N/A	N/A	-3.46x	-5.99x	3.94x	0.61x	N/A	-$245.74M	-60.51%	$663.93M	1.47	$240.27M	-3.40
SLDP	SOLID POWER INC	$1.73	N/A	N/A	-4.68x	N/A	17.65x	0.62x	N/A	-$92.77M	-30.12%	$503.34M	2.83	$288.30M	-5.47
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$1.39	N/A	N/A	7.32x	N/A	0.07x	0.18x	N/A	-$5.78M	-20.14%	$157.06M	7.62	$46.51M	3.64
ENVX	ENOVIX CORP	$6.51	N/A	N/A	-4.82x	-7.84x	135.63x	4.25x	N/A	-$166.43M	-16.07%	$258.15M	1.62	$1.05B	-5.98
SKYX	SKYX PLATFORMS CORP	$1.05	N/A	N/A	-2.33x	N/A	1.58x	6.27x	N/A	-$12.99M	-14.00%	$16.22M	0.18	$119.99M	-3.65
BE	BLOOM ENERGY CORP	$11.31	N/A	N/A	-7.96x	20.94x	1.80x	5.07x	N/A	-$456.26M	-18.97%	$502.08M	2.36	$3.25B	-33.99
LTBR	LIGHTBRIDGE CORP	$2.62	N/A	N/A	-4.03x	N/A	N/A	1.26x	N/A	-$6.48M	-20.46%	$28.91M	2.39	$7.93M	-1.00
FLUX	FLUX POWER HOLDINGS INC	$4.80	N/A	N/A	-13.33x	32.00x	1.23x	10.75x	N/A	-$6.75M	-8.52%	$7.38M	0.45	$91.69M	-33.39
MVST	MICROVAST HOLDINGS INC	$0.40	N/A	N/A	-1.19x	-1.62x	0.41x	0.23x	N/A	-$260.44M	-207.43%	$564.19M	1.82	$248.90M	-3.19
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$23.52	N/A	N/A	17.42x	N/A	1.85x	1.17x	N/A	$58.27M	4.00%	$1.24B	20.04	$753.06M	7.13
OPTT	OCEAN POWER TECHNOLOGIES INC	$0.19	N/A	N/A	-0.37x	N/A	2.26x	0.45x	N/A	-$32.27M	-288.42%	$25.26M	0.43	$9.11M	-0.29
PLUG	PLUG POWER INC	$2.30	N/A	N/A	-1.00x	-115.00x	1.54x	0.54x	N/A	-$1.80B	-131.57%	$2.90B	4.87	$1.37B	-1.09
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$0.89	N/A	N/A	-3.43x	N/A	0.73x	1.93x	N/A	-$24.59M	-52.18%	$27.91M	0.53	$64.41M	18.89
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$10.88	N/A	N/A	-8.95x	217.60x	4.77x	15.09x	N/A	-$32.88M	-5.98%	$36.47M	0.72	$537.65M	-12.66
ELVA	ELECTROVAYA INC	$3.20	N/A	N/A	-80.00x	N/A	2.46x	15.15x	N/A	$2.38M	2.19%	$7.15M	0.21	$126.26M	-100.93
OESX	ORION ENERGY SYSTEMS INC	$0.85	N/A	N/A	-1.48x	2.82x	0.32x	1.33x	N/A	-$8.07M	-29.31%	$20.66M	0.64	$32.59M	-2.18
IPWR	IDEAL POWER INC	$7.44	N/A	N/A	-4.62x	N/A	232.34x	5.45x	N/A	-$7.37M	-16.02%	$10.06M	1.63	$46.54M	-4.84
FREY	FREYR BATTERY INC	$1.68	N/A	N/A	-3.29x	-0.73x	N/A	0.37x	N/A	-$272.25M	-116.01%	$633.20M	4.53	-$22.22M	0.33
EPOW	SUNRISE NEW ENERGY CO LTD	$0.75	N/A	N/A	-0.85x	N/A	0.39x	0.82x	N/A	-$32.68M	-172.10%	$23.20M	0.92	$27.78M	-1.69
XPON	EXPION360 INC	$2.22	N/A	N/A	-2.06x	N/A	2.56x	2.92x	N/A	-$5.51M	-36.08%	$5.35M	0.78	$17.59M	-2.47
EOSE	EOS ENERGY ENTERPRISES INC	$0.66	N/A	N/A	-0.36x	-5.46x	5.08x	-1.20x	N/A	-$174.34M	-209.62%	-$110.80M	-0.87	$268.53M	-1.65
POLA	POLAR POWER INC	$0.37	N/A	N/A	-0.76x	N/A	0.32x	0.49x	N/A	-$3.62M	-73.58%	$13.19M	0.99	$13.65M	-2.44
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$2.43	N/A	N/A	-121.50x	N/A	1.52x	2.55x	N/A	$2.32M	9.55%	$10.70M	1.07	$21.74M	64.49
SVT	SERVOTRONICS INC	$12.90	N/A	N/A	-2.95x	N/A	0.75x	1.34x	N/A	-$7.33M	-22.33%	$24.49M	9.63	$34.67M	-4.19
STI	SOLIDION TECHNOLOGY INC	$2.16	N/A	N/A	N/A	N/A	N/A	-5.54x	N/A	-$2.66M	-1.67%	-$28.53M	-0.39	$160.84M	-30.21
SERV	SERVE ROBOTICS INC	$2.71	N/A	N/A	-1.55x	N/A	180.67x	N/A	N/A	-$15.98M	-41.51%	-$4.03M	-0.28	N/A	N/A
NEOV	NEOVOLTA INC	$2.29	N/A	N/A	-38.17x	N/A	24.36x	13.44x	N/A	-$1.92M	-2.53%	$5.66M	0.17	$74.61M	-38.49
NXU	NXU INC	$0.53	N/A	N/A	-0.00x	N/A	N/A	0.03x	N/A	-$29.13M	-44,281.97%	$7.93M	63.50	-$5.28M	0.08
RFIL	R F INDUSTRIES LTD	$2.90	N/A	N/A	-9.35x	N/A	0.45x	0.79x	N/A	$2.64M	8.76%	$38.66M	3.71	$59.36M	-22.87
EAF	GRAFTECH INTERNATIONAL LTD	$1.67	N/A	N/A	-1.55x	N/A	0.70x	11.42x	N/A	$12.08M	2.81%	$37.62M	0.15	$1.19B	-6.70
CAPT	CAPTIVISION INC	$4.85	N/A	N/A	-1.20x	N/A	9.61x	-3.20x	N/A	-$10.48M	-7.46%	-$44.00M	-1.52	$160.52M	-2.26
GTI	GRAPHJET TECHNOLOGY	$6.89	N/A	N/A	-7.33x	N/A	N/A	-384.52x	N/A	-$223.69k	-1.29%	-$2.58M	-1.03	$993.52M	-527.13
NCNC	NOCO-NOCO INC	$0.21	N/A	N/A	-1.49x	N/A	N/A	-7.66x	N/A	-$2.99M	-11.54%	-$3.68M	-0.03	$28.36M	-1.69

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.