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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
$3.90$4.87-19.93%21.67x21.67x0.92x2.09x0.35x-$5.53M-14.15%$18.50M1.85$32.60M9.96
POWL
POWELL INDUSTRIES INC
$148.82$116.8927.32%22.90xN/A2.32x4.86x0.64x$260.67M14.67%$366.32M30.68$1.46B13.87
MAMO
MASSIMO GROUP
$4.35$16.35-73.40%16.73xN/A1.51x12.40x0.10x$10.79M6.21%$14.49M0.36$188.71M11.53
WIRE
ENCORE WIRE CORP
$284.89$295.96-3.74%14.67xN/A1.77x2.48x0.53x$247.36M5.52%$1.81B115.20$3.88B8.74
ESP
ESPEY MFG & ELECTRONICS CORP
$22.55$23.66-4.68%11.93xN/A1.51x1.60x0.59x$1.28M2.29%$38.22M15.42$57.53M9.02
ENR
ENERGIZER HOLDINGS INC
$28.51$52.53-45.73%21.76x8.05x0.70x12.00x0.22x$339.50M16.61%$170.60M2.38$5.22B12.74
PLPC
PREFORMED LINE PRODUCTS CO
$124.71$134.69-7.41%9.69xN/A0.92x1.47x0.68x$74.94M12.21%$416.16M84.59$629.78M5.99
AEIS
ADVANCED ENERGY INDUSTRIES INC
$95.96$84.2513.90%28.06x15.65x2.17x3.13x0.51x$147.93M4.11%$1.14B30.53$3.56B17.53
ENS
ENERSYS
$91.28$49.9482.79%13.60xN/A1.01x2.14x2.44x$376.25M10.19%$1.73B42.68$4.27B9.57
AYI
ACUITY BRANDS INC
$252.16$91.85174.52%20.82xN/A2.02x3.61x3.48x$504.20M6.48%$2.15B69.65$7.77B13.17
HUBB
HUBBELL INC
$407.53N/AN/A28.82x35.28x4.07x7.60xN/A$715.10M3.27%$2.88B53.65$23.66B20.33
KE
KIMBALL ELECTRONICS INC
$20.82$20.392.12%9.51xN/A0.28x0.95x0.87x-$32.61M-6.24%$546.99M21.80$799.59M6.17
NVT
NVENT ELECTRIC PLC
$75.69$37.56101.52%22.13x34.40x3.84x3.98x1.41x$464.60M3.71%$3.14B18.97$14.09B19.56
HAYW
HAYWARD HOLDINGS INC
$13.77$15.73-12.46%36.24x12.99x2.96x2.25x0.35x$154.16M5.25%$1.31B6.15$3.87B16.98
ATKR
ATKORE INC
$182.99$280.50-34.76%10.81xN/A1.93x4.48x0.34x$538.80M8.01%$1.50B40.86$7.26B7.47
CBAT
CBAK ENERGY TECHNOLOGY INC
$1.05N/AN/A-35.00xN/A0.46x0.84xN/A$15.37M16.38%$112.82M1.26$125.51M12.63
VRT
VERTIV HOLDINGS CO
$93.49$9.97837.71%88.20x77.91x5.08x25.12x7.88x$854.70M2.41%$1.39B3.68$37.81B43.05
GWH
ESS TECH INC
$0.70N/AN/A-1.47x-2.51x14.98x1.19xN/A-$60.69M-53.84%$103.36M0.65$104.13M-1.49
ULBI
ULTRALIFE CORP
$11.39N/AN/A17.80xN/A1.11x1.46xN/A$786.00k0.42%$128.84M7.86$202.60M10.53
RAYA
ERAYAK POWER SOLUTION GROUP INC
$0.69N/AN/A6.94xN/A0.41x0.43xN/A$9.25M111.10%$20.20M1.68$4.93M1.81
ZEO
ZEO ENERGY CORP
$4.75N/AN/A0.76xN/A0.04x5.91xN/A$10.18M214.45%$32.33M32.33$186.13M22.66
NVX
NOVONIX LTD
$2.30N/AN/A-575.00xN/A34.85x1.53xN/A-$55.42M-19.74%$183.94M1.51$271.70MN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$1.74N/AN/A-4.05xN/A16.57x2.67xN/A-$43.10M-28.74%$59.80M0.69$149.19M-4.41
ENVX
ENOVIX CORP
$6.46N/AN/A-4.79x-7.78x134.58x4.22xN/A-$166.43M-16.19%$258.15M1.62$1.05B-5.94
FCEL
FUELCELL ENERGY INC
$0.87N/AN/A-3.35x-5.81x3.82x0.59xN/A-$245.74M-62.46%$663.93M1.47$227.62M-3.23
SLDP
SOLID POWER INC
$1.71N/AN/A-4.62xN/A17.45x0.62xN/A-$92.77M-30.47%$503.34M2.83$284.68M-5.40
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.30N/AN/A6.84xN/A0.06x0.18xN/A$8.53M31.85%$151.60M7.35$33.09M2.34
BE
BLOOM ENERGY CORP
$10.60N/AN/A-7.46x19.63x1.69x4.75xN/A-$456.26M-20.24%$502.08M2.36$3.09B-32.32
LTBR
LIGHTBRIDGE CORP
$2.57N/AN/A-3.95xN/AN/A1.24xN/A-$6.48M-20.86%$28.91M2.39$7.23M-0.91
MVST
MICROVAST HOLDINGS INC
$0.41N/AN/A-1.21x-1.64x0.42x0.23xN/A-$260.44M-203.89%$564.19M1.82$251.12M-3.22
FLUX
FLUX POWER HOLDINGS INC
$4.43N/AN/A-12.31x29.53x1.13x9.92xN/A-$6.75M-9.23%$7.38M0.45$85.57M-31.16
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$24.55N/AN/A18.19xN/A1.94x1.22xN/A$58.27M3.83%$1.24B20.04$816.91M7.73
PLUG
PLUG POWER INC
$2.41N/AN/A-1.05x-120.50x1.61x0.57xN/A-$1.80B-125.56%$2.90B4.87$1.45B-1.15
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
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$0.77N/AN/A-2.96xN/A0.63x1.66xN/A-$24.59M-60.60%$27.91M0.53$56.93M16.70
SKYX
SKYX PLATFORMS CORP
$0.85N/AN/A-1.89xN/A1.28x5.08xN/A-$12.99M-17.29%$16.22M0.18$100.62M-3.06
FREY
FREYR BATTERY INC
$1.67N/AN/A-3.27x-0.72xN/A0.37xN/A-$272.25M-116.71%$633.20M4.53-$23.62M0.35
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
$0.84N/AN/A-1.47x2.80x0.32x1.32xN/A-$8.07M-29.52%$20.66M0.64$32.39M-2.17
IPWR
IDEAL POWER INC
$7.63N/AN/A-4.74xN/A238.44x5.59xN/A-$7.37M-15.61%$10.06M1.63$47.97M-4.99
EPOW
SUNRISE NEW ENERGY CO LTD
$0.78N/AN/A-0.89xN/A0.41x0.85xN/A-$32.68M-165.26%$23.20M0.92$28.56M-1.74
XPON
EXPION360 INC
$2.28N/AN/A-2.11xN/A2.63x3.00xN/A-$5.51M-35.13%$5.35M0.78$18.01M-2.53
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$10.89N/AN/A-26.50x217.80x9.15x9.64xN/AN/AN/A$55.24M1.13$532.92MN/A
EOSE
EOS ENERGY ENTERPRISES INC
$0.81N/AN/A-0.45x-6.72x6.25x-1.47xN/A-$174.34M-170.35%-$110.80M-0.87$299.13M-1.84
POLA
POLAR POWER INC
$0.35N/AN/A-0.72xN/A0.31x0.47xN/A-$3.62M-77.34%$13.19M0.99$13.34M-2.38
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$2.50N/AN/A-125.00xN/A1.57x2.63xN/A$2.32M9.28%$10.70M1.07$22.52M66.83
SVT
SERVOTRONICS INC
$12.40N/AN/A-2.84xN/A0.72x1.29xN/A-$7.33M-23.23%$24.49M9.63$33.40M-4.04
SERV
SERVE ROBOTICS INC
$2.99N/AN/A-1.71xN/A199.33xN/AN/A-$15.98M-37.63%-$4.03M-0.28N/AN/A
NXU
NXU INC
$0.43N/AN/A-0.00xN/AN/A0.03xN/A-$29.13M-53,895.15%$7.93M63.50-$5.32M0.08
STI
SOLIDION TECHNOLOGY INC
$2.30N/AN/AN/AN/AN/A-5.90xN/A-$2.66M-1.57%-$28.53M-0.39$171.09M-32.13
NEOV
NEOVOLTA INC
$2.08N/AN/A-34.58xN/A22.07x12.18xN/A-$1.92M-2.80%$5.66M0.17$67.47M-34.80
RFIL
R F INDUSTRIES LTD
$2.94N/AN/A-9.48xN/A0.45x0.80xN/A$2.64M8.64%$38.66M3.71$59.78M-23.03
CAPT
CAPTIVISION INC
$5.38N/AN/A-11.45xN/A4.73x20.41xN/A-$10.10M-6.52%$7.60M0.26$171.26M-18.62
EAF
GRAFTECH INTERNATIONAL LTD
$1.58N/AN/A-1.46xN/A0.66x10.80xN/A$12.08M2.97%$37.62M0.15$1.17B-6.57
NCNC
NOCO-NOCO INC
$0.24N/AN/A-1.69xN/AN/A-8.69xN/A-$2.99M-10.17%-$3.68M-0.03$32.15M-1.92
GTI
GRAPHJET TECHNOLOGY
$6.95N/AN/A-7.39xN/AN/A-387.93xN/A-$223.69k-1.28%-$2.58M-1.03$1.00B-531.80

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. 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 -21.37% 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 169.23% from Pioneer Power Solutions's current stock price of $3.90.

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 278.77% over the past year, overperforming other electrical equipment & part stocks by 240 percentage points.

3. Massimo Group (NASDAQ:MAMO)


Massimo Group (NASDAQ:MAMO) is the third best electrical equipment & part stock with a Zen Score of 52, which is 24 points higher than the electrical equipment & part industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals.

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 4.21%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.98%. 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 2.55%, which is 2 percentage points higher than the electrical equipment & part industry average of 0.98%. 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 1.15%, which is the same as the electrical equipment & part industry average of 0.98%. 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 up?

Electrical equipment & part stocks were up 1.16% in the last day, and up 4.92% over the last week. Vertiv Holdings Co was the among the top gainers in the electrical equipment & parts industry, gaining 3.48% yesterday.

Vertiv Holdings shares are trading higher after Mizuho maintained a Neutral rating and raised its price target from $56 to $95.

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 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 95.46% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 56 percentage points.

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


Asia Pacific Wire & Cable (NASDAQ:APWC) is the second 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 -15.58% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -55 percentage points.

3. Advanced Energy Industries (NASDAQ:AEIS)


Advanced Energy Industries (NASDAQ:AEIS) is the third 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 14.28% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -25 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 9.41% 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 38.45x.
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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.