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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...
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
$3.06B0.05%0.20%$0.0200$0.080%02023-07-062023-07-21
PLPC
PREFORMED LINE PRODUCTS CO
$762.02M0.52%6.20%$0.2000$0.807%0
POWL
POWELL INDUSTRIES INC
$740.34M1.67%44.90%$0.2625$1.0530%02023-06-14
HUBB
HUBBELL INC
$15.87B1.49%42.60%$1.1200$4.4127%02023-06-15
ENS
ENERSYS
$4.25B0.67%16.20%$0.1750$0.7010%02023-06-152023-06-30
VRT
VERTIV HOLDINGS CO
$7.59B0.05%3.20%$0.0100$0.010%0
BDC
BELDEN INC
$3.84B0.22%3.10%$0.0500$0.202%12023-06-142023-07-06
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.77B0.40%7.70%$0.1000$0.405%0
KE
KIMBALL ELECTRONICS INC
$633.44MN/A0.00%N/AN/AN/AN/A
BMI
BADGER METER INC
$4.29B0.62%35.90%$0.2250$0.909%12023-06-09
FCEL
FUELCELL ENERGY INC
$965.64MN/A0.00%N/AN/AN/AN/A
NVT
NVENT ELECTRIC PLC
$7.63B1.52%27.30%$0.1750$0.7027%02023-07-202023-08-04
MVST
MICROVAST HOLDINGS INC
$451.76MN/A0.00%N/AN/AN/AN/A
AYI
ACUITY BRANDS INC
$5.11B0.32%4.50%$0.1300$0.524%0
ESP
ESPEY MFG & ELECTRONICS CORP
$45.67M0.59%8.10%$0.1000$0.108%3
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.07BN/A0.00%$0.3200N/AN/A2
NVX
NOVONIX LTD
$320.05MN/A0.00%N/AN/AN/AN/A
PPSI
PIONEER POWER SOLUTIONS INC
$66.13MN/A0.00%N/AN/AN/AN/A
LTBR
LIGHTBRIDGE CORP
$58.22MN/A0.00%N/AN/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$305.48MN/A0.00%N/AN/AN/AN/A
OESX
ORION ENERGY SYSTEMS INC
$51.18MN/A0.00%N/AN/AN/AN/A
PLUG
PLUG POWER INC
$5.43BN/A0.00%N/AN/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$1.21B0.85%4.10%$0.0100$0.0413%22023-06-30
HAYW
HAYWARD HOLDINGS INC
$2.42BN/A0.00%N/AN/AN/AN/A
CBAT
CBAK ENERGY TECHNOLOGY INC
$101.47MN/A0.00%N/AN/AN/AN/A
FLUX
FLUX POWER HOLDINGS INC
$60.86MN/A0.00%N/AN/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$37.10MN/A0.00%N/AN/AN/AN/A
GWH
ESS TECH INC
$213.03MN/A0.00%N/AN/AN/AN/A
BE
BLOOM ENERGY CORP
$3.15BN/A0.00%N/AN/AN/AN/A
DCFC
TRITIUM DCFC LTD
$193.83MN/A0.00%N/AN/AN/AN/A
ENVX
ENOVIX CORP
$2.17BN/A0.00%N/AN/AN/AN/A
LASE
LASER PHOTONICS CORP
$26.79MN/A0.00%N/AN/AN/AN/A
SLDP
SOLID POWER INC
$423.23MN/A0.00%N/AN/AN/AN/A
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$34.64MN/A0.00%$0.0800N/AN/A1
RFIL
R F INDUSTRIES LTD
$46.10MN/A0.00%$0.0200N/AN/A1
MPTI
M-TRON INDUSTRIES INC
$34.58MN/AN/AN/AN/AN/AN/A
IPWR
IDEAL POWER INC
$64.18MN/A0.00%N/AN/AN/AN/A
BW
BABCOCK & WILCOX ENTERPRISES INC
$496.12MN/A0.00%N/AN/AN/AN/A
ENR
ENERGIZER HOLDINGS INC
$2.36B3.63%-37.30%$0.3000$1.2061%02023-06-13
AULT
AULT ALLIANCE INC
$15.80MN/A0.00%N/AN/AN/AN/A
FREY
FREYR BATTERY
$1.07BN/A0.00%N/AN/AN/AN/A
AZZ
AZZ INC
$954.64M1.77%-27.50%$0.1700$0.6833%0
EOSE
EOS ENERGY ENTERPRISES INC
$300.05MN/A0.00%N/AN/AN/AN/A
NEOV
NEOVOLTA INC
$101.95MN/AN/AN/AN/AN/AN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$718.86MN/A0.00%N/AN/AN/AN/A
POLA
POLAR POWER INC
$18.13MN/A0.00%N/AN/AN/AN/A
BNRG
BRENMILLER ENERGY LTD
$14.57MN/A0.00%N/AN/AN/AN/A
SVT
SERVOTRONICS INC
$30.63MN/A0.00%$0.1600N/AN/A0
BURU
NUBURU INC
$23.73MN/A0.00%N/AN/AN/AN/A
XPON
EXPION360 INC
$29.72MN/A0.00%N/AN/AN/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$128.02MN/A0.00%N/AN/AN/AN/A
GRFX
GRAPHEX GROUP LTD
$39.64MN/A0.00%N/AN/AN/AN/A
ELBM
ELECTRA BATTERY MATERIALS CORP
$43.04MN/AN/AN/AN/AN/AN/A

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Jun 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 61, which is 31 points higher than the electrical equipment & part industry average of 30. It passed 23 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 21.58% over the past year, overperforming other electrical equipment & part stocks by 5 percentage points.

2. Preformed Line Products Co (NASDAQ:PLPC)


Preformed Line Products Co (NASDAQ:PLPC) is the second best electrical equipment & part stock with a Zen Score of 53, which is 23 points higher than the electrical equipment & part industry average of 30. It passed 20 out of 38 due diligence checks and has strong fundamentals. Preformed Line Products Co has seen its stock return 142.14% over the past year, overperforming other electrical equipment & part stocks by 126 percentage points.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) is the third best electrical equipment & part stock with a Zen Score of 53, which is 23 points higher than the electrical equipment & part industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 118.4% over the past year, overperforming other electrical equipment & part stocks by 102 percentage points.

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

Out of 15 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 3.63%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.96%. 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 -37.3% indicates that its dividend yield might not be sustainable for the long-term.

2. Azz (NYSE:AZZ)


Azz (NYSE:AZZ) has an annual dividend yield of 1.77%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.96%. Azz's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Azz's dividend has shown consistent growth over the last 10 years.

Azz's dividend payout ratio of -27.5% indicates that its dividend yield might not be sustainable for the long-term.

3. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) has an annual dividend yield of 1.67%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.96%. 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 44.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 2.23% in the last day, and up 3.12% over the last week. Plug Power was the among the top gainers in the electrical equipment & parts industry, gaining 7.36% yesterday.

Shares of EV charging stocks are trading higher amid strength in growth names.

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. Preformed Line Products Co (NASDAQ:PLPC)


Preformed Line Products Co (NASDAQ:PLPC) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Preformed Line Products Co has a valuation score of 86, which is 59 points higher than the electrical equipment & part industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Preformed Line Products Co's stock has gained 142.14% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 126 percentage points.

2. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 86, which is 59 points higher than the electrical equipment & part industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 21.58% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 5 percentage points.

3. Kimball Electronics (NASDAQ:KE)


Kimball Electronics (NASDAQ:KE) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Kimball Electronics has a valuation score of 71, which is 44 points higher than the electrical equipment & part industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Kimball Electronics's stock has gained 25.1% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 9 percentage points.

Are electrical equipment & part stocks a good buy now?

48.48% of electrical equipment & part stocks rated by analysts are a buy right now. On average, analysts expect electrical equipment & part stocks to rise by 9.97% 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 19.01x.
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