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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
WIRE
ENCORE WIRE CORP
$3.99B$253.19N/AN/AN/AN/AN/AN/AN/AN/A
PPSI
PIONEER POWER SOLUTIONS INC
$53.42M$5.38$12.00123.05%Strong Buy134.48%61.63%N/AN/A
POWL
POWELL INDUSTRIES INC
$1.68B$140.08N/AN/AN/AN/A9.49%N/AN/AN/A
ESP
ESPEY MFG & ELECTRONICS CORP
$67.99M$25.08N/AN/AN/AN/AN/AN/AN/AN/A
AYI
ACUITY BRANDS INC
$8.25B$267.59$261.00-2.46%Buy21.70%N/AN/AN/A
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.81B$102.02$101.75-0.26%Hold43.80%60.77%N/AN/A
ENR
ENERGIZER HOLDINGS INC
$2.09B$29.11$35.6722.52%Hold60.58%109.87%N/AN/A
ENS
ENERSYS
$3.81B$94.17$116.0023.18%Buy1-2.46%-11.48%N/AN/A
HUBB
HUBBELL INC
$22.19B$413.86$368.75-10.90%Buy87.07%-20.40%N/AN/A
PLPC
PREFORMED LINE PRODUCTS CO
$614.46M$125.30N/AN/AN/AN/AN/AN/AN/AN/A
KE
KIMBALL ELECTRONICS INC
$538.42M$21.65$31.6746.27%Strong Buy3-4.37%N/AN/AN/A
RAYA
ERAYAK POWER SOLUTION GROUP INC
$7.69M$0.64N/AN/AN/AN/A31.75%N/AN/AN/A
NVT
NVENT ELECTRIC PLC
$12.45B$75.41$72.20-4.26%Strong Buy57.45%N/AN/AN/A
ULBI
ULTRALIFE CORP
$148.51M$9.03$13.0043.96%Strong Buy1N/AN/AN/AN/A
ATKR
ATKORE INC
$6.84B$186.06$187.000.51%Buy11.15%N/AN/AN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$233.37M$2.64$11.25326.14%Strong Buy4233.91%N/AN/AN/A
CBAT
CBAK ENERGY TECHNOLOGY INC
$93.52M$1.04N/AN/AN/AN/A36.27%N/AN/AN/A
HAYW
HAYWARD HOLDINGS INC
$3.32B$15.51$14.88-4.09%Buy45.97%113.98%N/AN/A
GWH
ESS TECH INC
$131.17M$0.75$1.90153.33%Buy2235.43%N/AN/AN/A
LTBR
LIGHTBRIDGE CORP
$41.96M$3.01N/AN/AN/AN/AN/AN/AN/AN/A
ZEO
ZEO ENERGY CORP
$241.94M$6.01N/AN/AN/AN/AN/AN/AN/AN/A
VRT
VERTIV HOLDINGS CO
$30.94B$81.01$66.83-17.50%Strong Buy610.36%-0.83%N/AN/A
FCEL
FUELCELL ENERGY INC
$524.16M$1.16$1.7550.86%Hold240.85%N/AN/AN/A
SLDP
SOLID POWER INC
$347.70M$1.92$3.6790.99%Buy314.28%N/AN/AN/A
BE
BLOOM ENERGY CORP
$2.48B$11.03$15.7943.12%Buy1420.64%N/AN/AN/A
ENVX
ENOVIX CORP
$1.35B$8.03$23.67194.73%Strong Buy3260.42%N/AN/AN/A
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$26.59M$1.29N/AN/AN/AN/AN/AN/AN/AN/A
FLUX
FLUX POWER HOLDINGS INC
$71.92M$4.35$10.00129.89%Strong Buy122.38%N/AN/AN/A
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.59B$25.62N/AN/AN/AN/AN/AN/AN/AN/A
MVST
MICROVAST HOLDINGS INC
$266.21M$0.84$8.00851.25%Strong Buy177.04%N/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$15.94M$0.27N/AN/AN/AN/AN/AN/AN/AN/A
NVX
NOVONIX LTD
$273.69M$2.24N/AN/AN/AN/AN/AN/AN/AN/A
PLUG
PLUG POWER INC
$2.35B$3.43$6.1579.30%Hold2125.92%N/AN/AN/A
FREY
FREYR BATTERY INC
$230.51M$1.65$1.9518.18%Sell2N/AN/AN/AN/A
ELVA
ELECTROVAYA INC
$126.53M$3.74$8.33122.81%Strong Buy355.89%N/AN/AN/A
IPWR
IDEAL POWER INC
$52.68M$8.86$14.0058.01%Strong Buy1N/AN/AN/AN/A
OESX
ORION ENERGY SYSTEMS INC
$28.65M$0.88$3.00240.91%Buy112.54%N/AN/AN/A
DCFC
TRITIUM DCFC LTD
$7.95M$0.06$1.001,685.71%Hold157.37%N/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$21.53M$0.85N/AN/AN/AN/AN/AN/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$505.88M$10.35N/AN/AN/AN/A86.42%N/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$208.73M$1.03$4.75361.17%Strong Buy4414.41%N/AN/AN/A
POLA
POLAR POWER INC
$8.05M$0.62N/AN/AN/AN/AN/AN/AN/AN/A
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$32.18M$2.86N/AN/AN/AN/AN/AN/AN/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$31.44M$0.53$0.7032.58%Hold1-0.29%N/AN/AN/A
SVT
SERVOTRONICS INC
$33.39M$13.13N/AN/AN/AN/AN/AN/AN/AN/A
XPON
EXPION360 INC
$21.56M$3.12N/AN/AN/AN/A9.72%N/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$129.95M$1.41$5.00254.61%Strong Buy1N/AN/AN/AN/A
STI
SOLIDION TECHNOLOGY INC
$213.78M$2.92N/AN/AN/AN/AN/AN/AN/AN/A
NEOV
NEOVOLTA INC
$33.57M$1.01N/AN/AN/AN/AN/AN/AN/AN/A
NXU
NXU INC
$320.54k$0.70N/AN/AN/AN/AN/AN/AN/AN/A
RFIL
R F INDUSTRIES LTD
$32.85M$3.13$4.0027.80%Strong Buy11.14%N/AN/AN/A
CAPT
CAPTIVISION INC
$188.48M$6.54N/AN/AN/AN/AN/AN/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$333.88M$1.30$1.8844.23%Hold4-18.52%N/AN/AN/A
GTI
GRAPHJET TECHNOLOGY
$1.01B$7.00N/AN/AN/AN/AN/AN/AN/AN/A
NCNC
NOCO-NOCO INC
$34.94M$0.26N/AN/AN/AN/AN/AN/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.
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.