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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
WIRE
ENCORE WIRE CORP
$4.14B$2.57B$516.69M$372.40M$22.07-14.91%14.78%-41.10%42.55%2024-04-23
POWL
POWELL INDUSTRIES INC
$1.70B$766.47M$105.33M$77.45M$6.5038.63%10.38%330.46%N/A2024-04-30
PPSI
PIONEER POWER SOLUTIONS INC
$56.70M$42.60M$3.27M$1.78M$0.18103.13%-10.01%N/AN/A2024-05-13
ESP
ESPEY MFG & ELECTRONICS CORP
$68.45M$37.02M$6.38M$4.65M$1.897.19%4.91%62.93%27.54%2024-05-13
AYI
ACUITY BRANDS INC
$8.28B$3.89B$587.00M$371.70M$11.82-4.63%0.62%6.87%6.03%2024-04-03
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.81B$1.66B$203.10M$128.28M$3.42-10.27%18.16%-35.83%-1.88%2024-05-01
ENR
ENERGIZER HOLDINGS INC
$2.11B$2.91B$409.90M$93.40M$1.31-1.94%10.14%N/A-5.52%2024-05-06
ENS
ENERSYS
$3.82B$3.66B$445.99M$274.13M$6.710.98%6.32%98.52%7.66%2024-05-22
HUBB
HUBBELL INC
$22.26B$5.37B$1.16B$759.80M$14.148.59%3.69%39.59%16.57%2024-04-23
PLPC
PREFORMED LINE PRODUCTS CO
$630.99M$669.68M$105.16M$63.33M$12.875.13%9.73%16.68%19.51%2024-05-01
RAYA
ERAYAK POWER SOLUTION GROUP INC
$6.84M$24.88M$3.29M$1.76M$0.1812.60%N/AN/AN/A
NVT
NVENT ELECTRIC PLC
$12.45B$3.26B$720.30M$567.10M$3.4212.19%8.07%42.50%21.53%2024-04-26
KE
KIMBALL ELECTRONICS INC
$538.42M$1.84B$129.62M$54.65M$2.1916.16%10.63%25.14%14.98%2024-05-02
ULBI
ULTRALIFE CORP
$144.90M$158.64M$15.08M$7.20M$0.4420.33%12.72%N/A-22.46%2024-04-25
ATKR
ATKORE INC
$7.00B$3.48B$970.93M$654.79M$16.93-10.84%13.22%-17.29%43.42%2024-05-07
CBAT
CBAK ENERGY TECHNOLOGY INC
$93.52M$204.44M$9.94M-$2.45M-$0.03-17.81%52.94%N/AN/A2024-05-08
HAYW
HAYWARD HOLDINGS INC
$3.28B$992.45M$227.73M$80.69M$0.38-24.48%N/A-53.66%N/A2024-05-02
GWH
ESS TECH INC
$126.45M$7.54M-$69.83M-$77.58M-$0.48743.40%N/AN/AN/A2024-05-08
LTBR
LIGHTBRIDGE CORP
$41.13M$0.00-$7.91M-$7.91M-$0.65N/AN/AN/AN/A2024-05-08
ZEO
ZEO ENERGY CORP
$229.46M$110.07M$8.21M$6.23M$6.2323.72%N/A-28.14%N/A
AMPX
AMPRIUS TECHNOLOGIES INC
$242.73M$9.05M-$33.82M-$36.78M-$0.43105.33%N/AN/AN/A2024-05-08
VRT
VERTIV HOLDINGS CO
$31.20B$6.86B$984.80M$460.20M$1.2120.59%9.88%505.00%N/A2024-04-24
FCEL
FUELCELL ENERGY INC
$537.72M$103.01M-$70.58M-$111.94M-$0.26-24.12%8.47%N/AN/A
BE
BLOOM ENERGY CORP
$2.53B$1.33B-$95.70M-$302.12M-$1.4211.20%16.08%N/AN/A2024-05-07
SLDP
SOLID POWER INC
$367.62M$17.41M-$52.74M-$65.55M-$0.3747.68%N/AN/AN/A2024-05-06
ENVX
ENOVIX CORP
$1.35B$7.64M-$176.24M-$214.07M-$1.3523.25%N/AN/AN/A2024-04-24
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$28.45M$433.89M$14.17M$3.87M$0.19-8.97%0.40%N/A-21.32%2024-04-30
FLUX
FLUX POWER HOLDINGS INC
$73.24M$64.48M-$2.75M-$5.85M-$0.361.75%54.56%N/AN/A2024-05-09
MVST
MICROVAST HOLDINGS INC
$264.94M$266.84M-$90.49M-$115.50M-$0.3729.24%N/AN/AN/A2024-05-07
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.59B$786.22M$105.62M$83.07M$1.354.47%7.17%-23.73%-7.65%2024-05-14
PLUG
PLUG POWER INC
$2.35B$891.34M-$1.26B-$1.37B-$2.3027.07%38.61%N/AN/A2024-05-07
NVX
NOVONIX LTD
$273.69M$8.05MN/A-$46.25M-$0.0036.46%N/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$15.76M$4.93M-$31.69M-$30.30M-$0.5296.77%49.43%N/AN/A
FREY
FREYR BATTERY INC
$234.70M$0.00-$66.58M-$71.95M-$0.51N/AN/AN/AN/A2024-05-13
ELVA
ELECTROVAYA INC
$123.83M$44.06M-$1.25M-$1.48M-$0.04170.80%N/AN/AN/A2024-05-02
IPWR
IDEAL POWER INC
$52.91M$154.00k-$9.21M-$9.44M-$1.53-51.15%N/AN/AN/A2024-05-02
OESX
ORION ENERGY SYSTEMS INC
$28.33M$85.80M-$14.94M-$18.40M-$0.5710.26%8.01%N/AN/A
DCFC
TRITIUM DCFC LTD
$7.53M$184.54M-$83.89M-$121.37M-$0.78115.03%N/AN/AN/A2024-05-29
EPOW
SUNRISE NEW ENERGY CO LTD
$23.05M$48.57M-$16.43M-$19.83M-$0.88297.05%N/AN/AN/A2024-05-06
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$512.23M$58.18MN/A-$42.52M-$0.41168.16%N/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$208.73M$16.38M-$162.47M-$229.51M-$1.81-8.63%N/AN/AN/A2024-05-07
POLA
POLAR POWER INC
$7.19M$18.05M-$3.91M-$4.74M-$0.3626.14%-1.76%N/AN/A2024-03-29
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$32.63M$15.94M$337.04k-$218.58k-$0.02-44.11%N/AN/AN/A
XPON
EXPION360 INC
$21.56M$6.54M-$6.42M-$6.74M-$0.96-7.16%N/AN/AN/A2024-05-10
SVT
SERVOTRONICS INC
$34.97M$43.63M-$8.27M-$10.79M-$4.3724.00%-1.83%N/AN/A2024-03-29
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$32.16M$74.16M-$31.61M-$48.95M-$0.99-13.98%N/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$120.74M$36.62M-$25.30M-$32.34M-$0.44N/A43.89%N/AN/A2024-05-06
STI
SOLIDION TECHNOLOGY INC
$201.33M$19.04k-$3.71M-$4.76MN/AN/AN/AN/AN/A
NEOV
NEOVOLTA INC
$39.22M$3.13M-$1.94M-$1.94M-$0.06-20.56%N/AN/AN/A2024-05-29
NXU
NXU INC
$313.20k$0.00-$62.86M-$63.30M-$966.00N/AN/AN/AN/A
RFIL
R F INDUSTRIES LTD
$32.54M$67.28M-$2.60M-$3.28M-$0.31-22.38%4.94%N/AN/A
CAPT
CAPTIVISION INC
$188.77M$32.75M-$9.20M-$9.71M-$0.47144.32%N/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$354.43M$620.50M-$158.79M-$255.25M-$0.99-51.57%-20.02%N/AN/A2024-04-26
GTI
GRAPHJET TECHNOLOGY
$1.02B$0.00-$1.88M-$2.34M-$0.94N/AN/AN/AN/A
NCNC
NOCO-NOCO INC
$36.57M$0.00-$16.79M-$16.79M-$0.14N/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 48.01% over the past year, overperforming other electrical equipment & part stocks by 15 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 245.22% over the past year, overperforming other electrical equipment & part stocks by 213 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 50, which is 22 points higher than the electrical equipment & part industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock return 120.46% over the past year, overperforming other electrical equipment & part stocks by 88 percentage points.

Pioneer Power Solutions has an average 1 year price target of $12.00, an upside of 110.16% from Pioneer Power Solutions's current stock price of $5.71.

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 4.08%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.94%. 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 2.28%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.94%. 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 0.94%. 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 1.2% in the last day, and up 1.4% 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 48.01% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 15 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 9.13% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -24 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 -5.15% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -38 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 3.07% 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 30.83x.
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