WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsElectrical Equipment & Parts
Best Electrical Equipment & Part Stocks to Buy Now (2023)
Top electrical equipment & part stocks in 2023 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...
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
WIRE
ENCORE WIRE CORP
$3.12B$170.35$190.0011.54%Strong Buy1N/AN/A15.62%13.98%
SLDP
SOLID POWER INC
$599.53M$3.41$5.2553.96%Hold5N/AN/AN/AN/A
HUBB
HUBBELL INC
$13.01B$242.20$227.86-5.92%Hold710.11%4.69%27.91%12.12%
PLPC
PREFORMED LINE PRODUCTS CO
$437.52M$88.93N/AN/AN/AN/AN/AN/AN/AN/A
POWL
POWELL INDUSTRIES INC
$536.70M$45.35N/AN/AHold1N/AN/AN/AN/A
PLUG
PLUG POWER INC
$9.61B$16.48$25.5655.07%Buy1868.50%N/AN/AN/A
FCEL
FUELCELL ENERGY INC
$1.59B$3.93$3.62-7.96%Hold324.22%N/A-8.30%-6.04%
BMI
BADGER METER INC
$3.54B$120.89$93.00-23.07%Hold14.15%10.46%N/AN/A
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.58B$95.79$95.20-0.62%Buy55.01%16.67%23.16%11.61%
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.14B$18.40$20.5011.41%Strong Buy1N/AN/A12.70%8.74%
OESX
ORION ENERGY SYSTEMS INC
$58.21M$1.82$3.0064.84%Hold120.31%N/A27.28%20.49%
ENS
ENERSYS
$3.53B$86.56$80.00-7.58%Buy12.92%50.63%17.19%6.69%
GWH
ESS TECH INC
$363.22M$2.37$6.88190.08%Buy4969.09%-74.82%N/AN/A
ABB
ABB LTD
$66.33B$33.87$36.708.36%Buy96.30%-6.73%N/AN/A
NVT
NVENT ELECTRIC PLC
$6.74B$40.44$40.750.77%Buy5-3.27%12.16%14.77%8.03%
CBAT
CBAK ENERGY TECHNOLOGY INC
$104.12M$1.17N/AN/AN/AN/AN/AN/AN/AN/A
BDC
BELDEN INC
$3.56B$83.05$75.67-8.89%Buy31.19%48.28%N/AN/A
LTBR
LIGHTBRIDGE CORP
$48.30M$4.17N/AN/AN/AN/AN/AN/AN/AN/A
AYI
ACUITY BRANDS INC
$6.14B$191.61$195.802.19%Buy6-1.44%3.89%N/AN/A
AZZ
AZZ INC
$1.06B$42.59$48.0012.70%Hold1-10.60%7.22%11.88%4.61%
MVST
MICROVAST HOLDINGS INC
$519.61M$1.68$6.00257.14%Sell287.11%N/A2.51%1.59%
EAF
GRAFTECH INTERNATIONAL LTD
$1.42B$5.52$7.2130.69%Hold5N/AN/A114.57%19.81%
LASE
LASER PHOTONICS CORP
$51.37M$6.52N/AN/AN/AN/AN/AN/AN/AN/A
ENVX
ENOVIX CORP
$1.41B$8.97$30.45239.46%Strong Buy10289.53%N/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$38.64M$0.69N/AN/AN/AN/AN/AN/AN/AN/A
IPWR
IDEAL POWER INC
$73.62M$12.47$18.0044.35%Strong Buy1N/AN/AN/AN/A
VRT
VERTIV HOLDINGS CO
$5.36B$14.20$16.7117.70%Strong Buy815.03%431.58%35.73%6.63%
PPSI
PIONEER POWER SOLUTIONS INC
$28.93M$3.00$12.00300.00%Strong Buy166.01%N/AN/AN/A
FLUX
FLUX POWER HOLDINGS INC
$97.78M$6.10$8.0031.15%Strong Buy133.60%N/AN/AN/A
DCFC
TRITIUM DCFC LTD
$218.92M$1.43$4.25197.20%Buy4121.80%N/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$100.04M$1.35$7.00418.52%Strong Buy3933.66%N/AN/A-6.42%
BE
BLOOM ENERGY CORP
$4.71B$24.13$28.7119.00%Strong Buy1432.76%N/AN/AN/A
HAYW
HAYWARD HOLDINGS INC
$2.87B$13.59$12.71-6.45%Hold8-10.24%-11.88%18.72%7.91%
NVX
NOVONIX LTD
$622.02M$5.12N/AN/AN/AN/AN/AN/AN/AN/A
AULT
AULT ALLIANCE INC
$50.66M$0.14$7.004,829.58%Strong Buy1N/AN/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$144.96M$2.97$10.67259.16%Strong Buy3N/AN/A47.29%30.88%
KE
KIMBALL ELECTRONICS INC
$635.06M$25.70$27.005.06%Strong Buy1N/AN/AN/AN/A
ESP
ESPEY MFG & ELECTRONICS CORP
$43.67M$16.16N/AN/AN/AN/AN/AN/AN/AN/A
ENR
ENERGIZER HOLDINGS INC
$2.53B$35.42$34.33-3.07%Hold63.27%N/A193.31%5.52%
FREY
FREYR BATTERY
$1.06B$9.12$20.20121.49%Strong Buy6N/AN/AN/AN/A
RFIL
R F INDUSTRIES LTD
$54.13M$5.31$9.0069.49%Strong Buy1N/AN/A10.96%5.12%
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$21.31M$1.54N/AN/AN/AN/AN/AN/AN/AN/A
POLA
POLAR POWER INC
$23.96M$1.85N/AN/AN/AN/AN/AN/AN/AN/A
SVT
SERVOTRONICS INC
$29.12M$11.60N/AN/AN/AN/AN/AN/AN/AN/A
BW
BABCOCK & WILCOX ENTERPRISES INC
$569.91M$6.43$8.0024.42%Hold2N/AN/A-304.97%6.23%
MPTI
M-TRON INDUSTRIES INC
$29.89M$10.96N/AN/AN/AN/AN/AN/AN/AN/A
NEOV
NEOVOLTA INC
$70.78M$2.16$10.00362.96%Strong Buy1N/AN/AN/AN/A
XPON
EXPION360 INC
$13.60M$2.00$4.25112.50%Strong Buy1N/AN/AN/AN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$506.81M$6.00$14.00133.33%Strong Buy3N/AN/AN/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$296.85M$6.86$14.00104.08%Strong Buy3N/AN/AN/AN/A
ELBM
ELECTRA BATTERY MATERIALS CORP
$74.48M$2.28$9.38311.18%Strong Buy2N/AN/AN/AN/A
BNRG
BRENMILLER ENERGY LTD
$28.74M$1.76N/AN/AN/AN/AN/AN/AN/AN/A
BURU
NUBURU INC
$294.86M$8.63N/AN/AN/AN/AN/AN/AN/AN/A
GRFX
GRAPHEX GROUP LTD
$57.81M$1.91N/AN/AN/AN/AN/AN/AN/AN/A
1

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Feb 2023?

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 65, which is 36 points higher than the electrical equipment & part industry average of 29. It passed 25 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 52.13% over the past year, overperforming other electrical equipment & part stocks by 38 percentage points.

Encore Wire has an average 1 year price target of $190.00, an upside of 11.54% from Encore Wire's current stock price of $170.35.

Encore Wire stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Encore Wire, 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.

2. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the second best electrical equipment & part stock with a Zen Score of 63, which is 34 points higher than the electrical equipment & part industry average of 29. It passed 20 out of 33 due diligence checks and has strong fundamentals. Solid Power has seen its stock lose -46.55% over the past year, underperforming other electrical equipment & part stocks by -61 percentage points.

Solid Power has an average 1 year price target of $5.25, an upside of 53.96% from Solid Power's current stock price of $3.41.

Solid Power stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Solid Power, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hubbell (NYSE:HUBB)


Hubbell (NYSE:HUBB) is the third best electrical equipment & part stock with a Zen Score of 51, which is 22 points higher than the electrical equipment & part industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Hubbell has seen its stock return 30.57% over the past year, overperforming other electrical equipment & part stocks by 17 percentage points.

Hubbell has an average 1 year price target of $227.86, a downside of -5.92% from Hubbell's current stock price of $242.20.

Hubbell stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Hubbell, 14.29% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 14.29% have issued a Sell rating, and 14.29% have issued a Strong Sell.

What are the electrical equipment & part stocks with highest dividends?

Out of 16 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 3.39%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.21%. 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 -34.2% indicates that its dividend yield might not be sustainable for the long-term.

2. Abb (NYSE:ABB)


Abb (NYSE:ABB) has an annual dividend yield of 2.62%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.21%. Abb's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Abb's dividend has shown consistent growth over the last 10 years.

Abb's dividend payout ratio of 38.5% indicates that its dividend yield is sustainable for the long-term.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) has an annual dividend yield of 2.29%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.21%. Powell Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Powell Industries's dividend has shown consistent growth over the last 10 years.

Powell Industries's dividend payout ratio of 68.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -0.83% in the last day, and up 5.3% over the last week. Energizer Holdings was the among the top losers in the electrical equipment & parts industry, dropping -4.91% yesterday.

Energizer shares are trading lower after the company reported worse-than-expected Q1 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 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 52.13% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 38 percentage points.

2. Preformed Line Products Co (NASDAQ:PLPC)


Preformed Line Products Co (NASDAQ:PLPC) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Preformed Line Products Co has a valuation score of 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Preformed Line Products Co's stock has gained 50.7% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 37 percentage points.

3. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Solid Power has a valuation score of 86, which is 62 points higher than the electrical equipment & part industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Solid Power's stock has dropped -46.55% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -61 percentage points.

Are electrical equipment & part stocks a good buy now?

47.5% 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 8.59% 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 9.5x.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.