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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
WIRE
ENCORE WIRE CORP
$3.99B0.03%0.40%$0.0200$0.080%02024-04-042024-04-19
PPSI
PIONEER POWER SOLUTIONS INC
$53.42MN/A0.00%N/AN/AN/AN/A
POWL
POWELL INDUSTRIES INC
$1.68B0.75%16.20%$0.2650$1.0514%0
ESP
ESPEY MFG & ELECTRONICS CORP
$67.99M2.29%26.50%$0.1750$0.5845%22024-03-28
AYI
ACUITY BRANDS INC
$8.25B0.20%4.40%$0.1500$0.542%0
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.81B0.39%11.70%$0.1000$0.406%0
ENR
ENERGIZER HOLDINGS INC
$2.09B4.12%91.60%$0.3000$1.2070%0
ENS
ENERSYS
$3.81B0.90%11.90%$0.2250$0.8517%02024-03-29
HUBB
HUBBELL INC
$22.19B1.13%32.40%$1.2200$4.6822%0
PLPC
PREFORMED LINE PRODUCTS CO
$614.46M0.64%6.20%$0.2000$0.8011%02024-04-012024-04-19
KE
KIMBALL ELECTRONICS INC
$538.42MN/A0.00%N/AN/AN/AN/A
RAYA
ERAYAK POWER SOLUTION GROUP INC
$7.69MN/A0.00%N/AN/AN/AN/A
NVT
NVENT ELECTRIC PLC
$12.45B0.95%20.90%$0.1900$0.7218%02024-04-252024-05-10
ULBI
ULTRALIFE CORP
$148.51MN/A0.00%N/AN/AN/AN/A
ATKR
ATKORE INC
$6.84B0.17%0.00%$0.3200$0.322%0
AMPX
AMPRIUS TECHNOLOGIES INC
$233.37MN/A0.00%N/AN/AN/AN/A
CBAT
CBAK ENERGY TECHNOLOGY INC
$93.52MN/A0.00%N/AN/AN/AN/A
HAYW
HAYWARD HOLDINGS INC
$3.32BN/A0.00%N/AN/AN/AN/A
GWH
ESS TECH INC
$131.17MN/A0.00%N/AN/AN/AN/A
LTBR
LIGHTBRIDGE CORP
$41.96MN/A0.00%N/AN/AN/AN/A
ZEO
ZEO ENERGY CORP
$241.94MN/A0.00%N/AN/AN/AN/A
VRT
VERTIV HOLDINGS CO
$30.94B0.06%2.10%$0.0250$0.050%02024-03-28
FCEL
FUELCELL ENERGY INC
$524.16MN/A0.00%N/AN/AN/AN/A
SLDP
SOLID POWER INC
$347.70MN/A0.00%N/AN/AN/AN/A
BE
BLOOM ENERGY CORP
$2.48BN/A0.00%N/AN/AN/AN/A
ENVX
ENOVIX CORP
$1.35BN/A0.00%N/AN/AN/AN/A
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$26.59MN/A0.00%$0.0800N/AN/A1
FLUX
FLUX POWER HOLDINGS INC
$71.92MN/A0.00%N/AN/AN/AN/A
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.59BN/A0.00%$0.3200N/AN/A2
MVST
MICROVAST HOLDINGS INC
$266.21MN/A0.00%N/AN/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$15.94MN/A0.00%N/AN/AN/AN/A
NVX
NOVONIX LTD
$273.69MN/A0.00%N/AN/AN/AN/A
PLUG
PLUG POWER INC
$2.35BN/A0.00%N/AN/AN/AN/A
FREY
FREYR BATTERY INC
$230.51MN/A0.00%N/AN/AN/AN/A
ELVA
ELECTROVAYA INC
$126.53MN/A0.00%N/AN/AN/AN/A
IPWR
IDEAL POWER INC
$52.68MN/A0.00%N/AN/AN/AN/A
OESX
ORION ENERGY SYSTEMS INC
$28.65MN/A0.00%N/AN/AN/AN/A
DCFC
TRITIUM DCFC LTD
$7.95MN/A0.00%N/AN/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$21.53MN/A0.00%N/AN/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$505.88MN/A0.00%N/AN/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$208.73MN/A0.00%N/AN/AN/AN/A
POLA
POLAR POWER INC
$8.05MN/A0.00%N/AN/AN/AN/A
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$32.18MN/A0.00%N/AN/AN/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$31.44MN/A0.00%N/AN/AN/AN/A
SVT
SERVOTRONICS INC
$33.39MN/A0.00%$0.1600N/AN/A0
XPON
EXPION360 INC
$21.56MN/A0.00%N/AN/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$129.95MN/A0.00%N/AN/AN/AN/A
STI
SOLIDION TECHNOLOGY INC
$213.78MN/AN/AN/AN/AN/AN/A
NEOV
NEOVOLTA INC
$33.57MN/A0.00%N/AN/AN/AN/A
NXU
NXU INC
$320.54kN/A0.00%N/AN/AN/AN/A
RFIL
R F INDUSTRIES LTD
$32.85MN/A0.00%$0.0200N/AN/A1
CAPT
CAPTIVISION INC
$188.48MN/A0.00%N/AN/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$333.88M0.77%-2.00%$0.0100$0.0114%2
GTI
GRAPHJET TECHNOLOGY
$1.01BN/A0.00%N/AN/AN/AN/A
NCNC
NOCO-NOCO INC
$34.94MN/A0.00%N/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.
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