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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
PPSI
PIONEER POWER SOLUTIONS INC
$38.83M$42.60M$3.27M$1.78M$0.18103.13%-10.01%N/AN/A
POWL
POWELL INDUSTRIES INC
$2.41B$850.13M$137.82M$102.46M$8.5842.53%11.64%269.83%236.12%
WIRE
ENCORE WIRE CORP
$4.40B$2.54B$444.20M$316.19M$19.42-14.05%14.12%-46.12%38.22%2024-07-23
ENS
ENERSYS
$4.30B$3.58B$434.16M$269.10M$6.62-3.42%4.99%53.60%11.80%
ATKR
ATKORE INC
$5.68B$3.38B$916.44M$618.55M$16.27-11.52%12.25%-17.41%44.53%2024-05-30
ENR
ENERGIZER HOLDINGS INC
$2.07B$2.89B$397.10M$85.80M$1.20-2.60%7.88%N/A20.62%
AYI
ACUITY BRANDS INC
$8.10B$3.85B$590.20M$377.70M$12.11-6.35%0.31%5.30%8.22%2024-06-27
HUBB
HUBBELL INC
$22.17B$5.49B$1.17B$725.70M$13.508.06%3.69%32.48%14.60%2024-06-04
ESP
ESPEY MFG & ELECTRONICS CORP
$58.43M$35.47M$6.54M$4.82M$1.95-0.73%1.65%57.26%19.21%
NVT
NVENT ELECTRIC PLC
$14.18B$3.40B$766.30M$578.40M$3.4914.98%8.96%36.33%21.65%2024-07-26
CBAT
CBAK ENERGY TECHNOLOGY INC
$116.92M$220.86M$22.82M$8.77M$0.094.71%53.06%N/AN/A
PLPC
PREFORMED LINE PRODUCTS CO
$646.13M$628.76M$89.55M$51.53M$10.48-7.62%8.41%-18.57%18.16%
ULBI
ULTRALIFE CORP
$186.07M$168.66M$19.24M$10.43M$0.6426.44%15.23%N/A-15.21%2024-07-25
VRT
VERTIV HOLDINGS CO
$39.74B$6.98B$878.40M$404.00M$1.0615.27%5.50%241.94%N/A2024-06-19
AEIS
ADVANCED ENERGY INDUSTRIES INC
$4.10B$1.56B$179.00M$102.58M$2.73-16.80%18.60%-47.30%-1.74%
RAYA
ERAYAK POWER SOLUTION GROUP INC
$11.84M$20.32M$2.72M$1.22M$0.10-24.48%N/A-73.68%N/A
NVX
NOVONIX LTD
$261.47M$8.05MN/A-$46.25M-$0.0036.46%N/AN/AN/A2024-07-28
GWH
ESS TECH INC
$132.94M$9.91M-$66.07M-$73.99M-$0.44682.46%N/AN/AN/A
FCEL
FUELCELL ENERGY INC
$395.38M$103.01M-$70.58M-$111.94M-$0.26-24.12%8.47%N/AN/A2024-06-10
WBX
WALLBOX NV
$316.81M$154.59M-$84.40M-$120.50M-$0.654.14%77.72%N/AN/A
FLUX
FLUX POWER HOLDINGS INC
$52.22M$63.85M-$3.76M-$7.04M-$0.43-2.19%53.90%N/AN/A
ENVX
ENOVIX CORP
$1.84B$12.90M-$126.12M-$186.84M-$1.16107.22%N/AN/AN/A2024-06-14
HAYW
HAYWARD HOLDINGS INC
$3.13B$994.89M$229.86M$82.12M$0.40-10.68%N/A-24.53%N/A2024-05-30
BE
BLOOM ENERGY CORP
$3.70B$1.29B-$84.23M-$288.07M-$1.321.59%16.21%N/AN/A
SLDP
SOLID POWER INC
$315.14M$19.57M-$53.08M-$67.60M-$0.3846.22%N/AN/AN/A2024-06-29
IPWR
IDEAL POWER INC
$56.86M$276.95k-$9.52M-$9.90M-$1.59250.90%N/AN/AN/A
ELVA
ELECTROVAYA INC
$97.62M$48.61M-$1.63M-$1.11M-$0.0275.08%N/AN/AN/A2024-06-12
SKYX
SKYX PLATFORMS CORP
$87.73M$77.75M-$34.18M-$41.45M-$0.46221,571.68%58.06%N/AN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$136.99M$10.71M-$32.92M-$37.56M-$0.43259.64%N/AN/AN/A
MVST
MICROVAST HOLDINGS INC
$111.02M$341.00M-$69.40M-$101.58M-$0.3258.75%N/AN/AN/A2024-06-04
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.38B$792.05M$98.29M$75.41M$1.223.60%7.16%-28.24%-10.38%
OPTT
OCEAN POWER TECHNOLOGIES INC
$11.42M$4.93M-$31.69M-$30.30M-$0.5296.77%49.43%N/AN/A2024-07-10
PLUG
PLUG POWER INC
$2.41B$801.32M-$1.34B-$1.46B-$2.413.94%36.46%N/AN/A2024-06-05
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$31.11M$425.77M$12.77M$3.87M$0.19-1.87%-0.01%0.00%-1.98%
LTBR
LIGHTBRIDGE CORP
$40.56M$0.00-$8.70M-$8.70M-$0.68N/AN/AN/AN/A2024-07-24
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$562.50M$115.47M-$42.46M-$59.23M-$1.22324.35%N/AN/AN/A
KE
KIMBALL ELECTRONICS INC
$557.32M$1.78B$98.27M$32.17M$1.294.69%9.33%-31.02%2.50%
OESX
ORION ENERGY SYSTEMS INC
$31.81M$85.80M-$14.94M-$18.40M-$0.5710.26%8.01%N/AN/A2024-06-04
FREY
FREYR BATTERY INC
$360.44M$0.00-$80.72M-$87.76M-$0.62N/AN/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$147.56M$14.14M-$148.45M-$204.61M-$1.40-39.71%N/AN/AN/A2024-06-12
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$26.66M$15.94M$337.04k-$218.58k-$0.02-44.11%N/AN/AN/A
POLA
POLAR POWER INC
$8.41M$12.88M-$6.60M-$7.58M-$0.52-22.13%-13.71%N/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$56.70M$58.11M-$10.45M-$29.08M-$0.51-33.01%N/AN/AN/A
SVT
SERVOTRONICS INC
$31.30M$45.02M-$6.69M-$9.62M-$3.9228.33%-1.80%N/AN/A
XPON
EXPION360 INC
$12.95M$5.45M-$7.12M-$7.67M-$1.09-16.41%N/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$20.13M$45.05M-$17.78M-$24.23M-$1.0818.16%27.18%N/AN/A
NXU
NXU INC
$264.52k$0.00-$62.86M-$63.30M-$966.00N/AN/AN/AN/A
NEOV
NEOVOLTA INC
$101.04M$2.79M-$1.90M-$1.90M-$0.06-23.41%N/AN/AN/A2024-05-29
STI
SOLIDION TECHNOLOGY INC
$177.17M$6.94k-$5.32M-$5.32MN/A-63.52%N/AN/AN/A
RFIL
R F INDUSTRIES LTD
$33.48M$67.28M-$2.60M-$3.28M-$0.31-22.38%4.94%N/AN/A2024-06-12
EAF
GRAFTECH INTERNATIONAL LTD
$457.76M$618.28M-$177.66M-$278.75M-$1.08-41.33%-20.27%N/AN/A
CAPT
CAPTIVISION INC
$147.51M$14.64M-$70.90M-$76.99M-$4.05-27.51%N/AN/AN/A
GTI
GRAPHJET TECHNOLOGY
$883.72M$0.00-$1.88M-$2.34M-$0.94N/AN/AN/AN/A

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in May 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 -30.43% over the past year, underperforming other electrical equipment & part stocks by -69 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 168.54% from Pioneer Power Solutions's current stock price of $3.91.

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 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 245.82% over the past year, overperforming other electrical equipment & part stocks by 207 percentage points.

3. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) 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 19 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 72.22% over the past year, overperforming other electrical equipment & part stocks by 34 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 4.96% from Encore Wire's current stock price of $278.69.

Encore Wire stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Encore Wire, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 4.16%, 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 100% 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 2.69%, which is 2 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 29.5% 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 34.7% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 2.43% in the last day, and up 5.11% 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 100, which is 75 points higher than the electrical equipment & part industry average of 25. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 72.22% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 34 percentage points.

2. Pioneer Power Solutions (NASDAQ:PPSI)


Pioneer Power Solutions (NASDAQ:PPSI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Pioneer Power Solutions 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.

Pioneer Power Solutions's stock has dropped -30.43% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -69 percentage points.

3. Hollysys Automation Technologies (NASDAQ:HOLI)


Hollysys Automation Technologies (NASDAQ:HOLI) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies 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.

Hollysys Automation Technologies's stock has gained 38.96% in the past year. It has performed in line with other stocks in the electrical equipment & part industry.

Are electrical equipment & part stocks a good buy now?

43.75% 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 8.48% 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 43.98x.
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