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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
WIRE
ENCORE WIRE CORP
$3.99B20.90%18.70%26.81%40.10%0.137.5625.50%14.50%18.87%
PPSI
PIONEER POWER SOLUTIONS INC
$53.42M10.10%5.10%9.27%16.70%0.931.8326.70%4.20%4.17%
POWL
POWELL INDUSTRIES INC
$1.68B23.10%11.00%25.58%79.50%1.211.5823.00%10.10%12.68%
ESP
ESPEY MFG & ELECTRONICS CORP
$67.99M12.80%9.60%15.45%17.90%0.323.7325.30%12.60%15.95%
AYI
ACUITY BRANDS INC
$8.25B18.60%10.90%17.38%34.90%0.682.4544.40%9.60%12.80%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.81B11.50%5.70%6.15%9.30%1.245.1035.80%7.70%8.25%
ENR
ENERGIZER HOLDINGS INC
$2.09B53.60%2.10%7.82%6.10%24.932.0337.50%3.20%9.94%
ENS
ENERSYS
$3.81B16.40%7.80%12.52%14.30%1.032.6726.60%7.50%9.71%
HUBB
HUBBELL INC
$22.19B28.40%12.80%18.13%33.10%1.401.6435.10%14.10%18.87%
PLPC
PREFORMED LINE PRODUCTS CO
$614.46M15.90%10.40%17.54%17.90%0.452.9235.10%9.50%12.88%
KE
KIMBALL ELECTRONICS INC
$538.42M10.40%4.30%11.78%9.30%1.341.978.80%3.00%5.15%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$7.69M12.60%5.80%12.47%14.10%0.811.4622.40%7.10%9.83%
NVT
NVENT ELECTRIC PLC
$12.45B19.30%9.90%10.66%21.50%0.961.8241.10%17.40%17.74%
ULBI
ULTRALIFE CORP
$148.51M6.00%4.10%7.22%10.00%0.423.8024.70%4.50%7.04%
ATKR
ATKORE INC
$6.84B45.90%23.10%34.13%39.00%0.952.9737.20%18.80%23.81%
AMPX
AMPRIUS TECHNOLOGIES INC
$233.37M-48.60%-38.90%-45.50%-179.80%0.324.43-208.70%-560.90%-560.89%
CBAT
CBAK ENERGY TECHNOLOGY INC
$93.52M-2.20%-0.90%-0.33%-0.30%1.490.8015.50%-1.20%-0.19%
HAYW
HAYWARD HOLDINGS INC
$3.32B6.30%2.80%6.45%10.50%1.253.0248.10%8.10%17.60%
GWH
ESS TECH INC
$131.17M-71.40%-53.80%-62.83%-97.90%0.395.98-171.80%-1,028.90%-1,028.89%
LTBR
LIGHTBRIDGE CORP
$41.96M-27.50%-26.90%-27.36%-6,563.40%0.0259.23N/AN/AN/A
ZEO
ZEO ENERGY CORP
$241.94M1,110.80%17.40%18.49%30.70%0.481.1820.00%5.70%5.77%
VRT
VERTIV HOLDINGS CO
$30.94B26.50%6.20%12.54%14.20%2.971.7435.00%6.70%10.40%
FCEL
FUELCELL ENERGY INC
$524.16M-16.70%-12.20%-11.58%-14.60%0.278.26-26.70%-108.70%-97.72%
SLDP
SOLID POWER INC
$347.70M-12.50%-11.90%-12.66%-12.50%0.0611.53-59.30%-376.50%-376.02%
BE
BLOOM ENERGY CORP
$2.48B-71.30%-12.50%-9.88%-7.80%3.773.6014.80%-22.70%-14.39%
ENVX
ENOVIX CORP
$1.35B-80.00%-42.10%-41.78%-69.00%1.185.30-725.00%-2,800.50%-2,750.50%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$26.59M2.60%1.00%3.51%3.40%1.052.247.50%0.90%1.92%
FLUX
FLUX POWER HOLDINGS INC
$71.92M-67.70%-15.90%-47.12%-20.50%4.101.1829.50%-9.10%-6.78%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.59B6.90%4.70%7.27%15.80%0.492.9030.70%10.60%12.12%
MVST
MICROVAST HOLDINGS INC
$266.21M-19.60%-11.50%-16.64%-17.20%0.801.2013.70%-43.30%-42.41%
OPTT
OCEAN POWER TECHNOLOGIES INC
$15.94M-86.90%-70.00%-118.47%-153.70%0.372.4937.10%-614.30%-661.12%
NVX
NOVONIX LTD
$273.69M-22.60%-17.10%-17.06%-20.10%0.4311.3765.00%-574.20%-541.11%
PLUG
PLUG POWER INC
$2.35B-38.90%-25.40%-33.80%-34.90%0.691.85-57.00%-153.60%-149.33%
FREY
FREYR BATTERY INC
$230.51M-11.20%-9.50%-10.44%-20.00%0.156.34N/AN/AN/A
ELVA
ELECTROVAYA INC
$126.53M-241.10%-5.40%-21.79%-10.00%4.110.9726.90%-3.40%-4.90%
IPWR
IDEAL POWER INC
$52.68M-62.50%-55.70%-69.83%-1,401.40%0.1813.65138.70%-6,129.50%-6,137.92%
OESX
ORION ENERGY SYSTEMS INC
$28.65M-71.20%-27.60%-50.39%-50.40%2.171.4922.00%-21.40%-20.39%
DCFC
TRITIUM DCFC LTD
$7.95MN/A-49.70%-428.48%-56.80%-2.920.92-2.20%-65.80%-46.78%
EPOW
SUNRISE NEW ENERGY CO LTD
$21.53M-58.70%-17.80%-24.07%-30.10%2.371.30-3.60%-40.80%-40.09%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$505.88M-56.40%-29.40%-36.10%-68.10%1.591.82-0.30%-73.10%-52.07%
EOSE
EOS ENERGY ENTERPRISES INC
$208.73MN/A-167.10%-137.90%-68.80%-2.682.01-448.30%-1,401.30%-1,057.75%
POLA
POLAR POWER INC
$8.05M-28.40%-17.40%-25.62%-18.30%0.922.1614.00%-26.20%-24.06%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$32.18M-2.00%-1.20%-2.72%-4.10%0.543.2129.50%-1.40%-2.06%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$31.44M-195.40%-53.50%-78.96%-65.70%2.391.5424.10%-66.00%-44.18%
SVT
SERVOTRONICS INC
$33.39M-40.60%-27.00%-32.64%-29.10%0.493.7317.90%-24.70%-21.44%
XPON
EXPION360 INC
$21.56M-73.20%-46.80%-68.15%-55.80%0.714.0025.80%-103.00%-101.17%
SKYX
SKYX PLATFORMS CORP
$129.95M-237.40%-51.50%-62.44%-61.40%3.590.9031.20%-88.30%-80.16%
STI
SOLIDION TECHNOLOGY INC
$213.78MN/A-4.40%-116.34%-4.30%0.031.1684.60%-24,982.50%-23,625.01%
NEOV
NEOVOLTA INC
$33.57M-31.10%-30.90%-34.23%-48.00%0.00482.2221.60%-61.90%-61.88%
NXU
NXU INC
$320.54k-69,678.50%-768.80%-426.55%-1,035.80%1.284.56N/AN/AN/A
RFIL
R F INDUSTRIES LTD
$32.85M-8.20%-4.10%-7.55%-7.00%1.052.9126.40%-4.90%-7.61%
CAPT
CAPTIVISION INC
$188.48MN/A-4.00%N/A-3.90%5.07N/A38.20%-29.60%-28.07%
EAF
GRAFTECH INTERNATIONAL LTD
$333.88M-100.30%-17.40%-19.64%-11.20%15.473.545.80%-41.10%-34.76%
GTI
GRAPHJET TECHNOLOGY
$1.01BN/A-12.50%-42.85%-13.00%-3.430.51N/AN/AN/A
NCNC
NOCO-NOCO INC
$34.94MN/A-49.80%24,266.97%-52.60%-1.190.60N/AN/AN/A

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Mar 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 44.08% over the past year, overperforming other electrical equipment & part stocks by 12 percentage points.

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 237.83% over the past year, overperforming other electrical equipment & part stocks by 206 percentage points.

3. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) 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 17 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock return 103.4% over the past year, overperforming other electrical equipment & part stocks by 72 percentage points.

Pioneer Power Solutions has an average 1 year price target of $12.00, an upside of 123.05% from Pioneer Power Solutions's current stock price of $5.38.

Pioneer Power Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Pioneer Power Solutions, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% 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 4.12%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.95%. 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 2.29%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.95%. 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 1.13%, which is the same as the electrical equipment & part industry average of 0.95%. 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 0.99% in the last day, and up 2.05% 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 86, which is 61 points higher than the electrical equipment & part industry average of 25. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 44.08% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 12 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 8.32% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -23 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 -9.47% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -41 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 3.68% 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 30.66x.
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