Sectors & Industries IndustrialsElectrical Equipment & Parts
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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Div. Payment Date
PPSI	PIONEER POWER SOLUTIONS INC	$38.93M	N/A	0.00%	N/A	N/A	N/A	N/A
POWL	POWELL INDUSTRIES INC	$1.75B	0.72%	16.20%	$0.2650	$1.05	12%	0
WIRE	ENCORE WIRE CORP	$4.48B	0.03%	0.40%	$0.0200	$0.08	0%	0
MAMO	MASSIMO GROUP	$185.85M	N/A	0.00%	N/A	N/A	N/A	N/A
ESP	ESPEY MFG & ELECTRONICS CORP	$61.38M	2.54%	26.50%	$0.1750	$0.58	48%	2
AEIS	ADVANCED ENERGY INDUSTRIES INC	$3.50B	0.43%	11.70%	$0.1000	$0.40	6%	0
ENR	ENERGIZER HOLDINGS INC	$2.04B	4.23%	91.60%	$0.3000	$1.20	71%	0
ENS	ENERSYS	$3.68B	0.93%	11.90%	$0.2250	$0.85	17%	0
AYI	ACUITY BRANDS INC	$7.75B	0.22%	4.50%	$0.1500	$0.56	2%	0	2024-05-01
HUBB	HUBBELL INC	$21.57B	1.16%	32.40%	$1.2200	$4.68	22%	0
PLPC	PREFORMED LINE PRODUCTS CO	$606.08M	0.65%	6.20%	$0.2000	$0.80	11%	0
KE	KIMBALL ELECTRONICS INC	$517.28M	N/A	0.00%	N/A	N/A	N/A	N/A
NVT	NVENT ELECTRIC PLC	$12.29B	1.22%	20.90%	$0.1900	$0.91	23%	0	2024-05-10
ATKR	ATKORE INC	$6.66B	0.18%	0.00%	$0.3200	$0.32	2%	0
CBAT	CBAK ENERGY TECHNOLOGY INC	$92.62M	N/A	0.00%	N/A	N/A	N/A	N/A
HAYW	HAYWARD HOLDINGS INC	$2.91B	N/A	0.00%	N/A	N/A	N/A	N/A
GWH	ESS TECH INC	$123.65M	N/A	0.00%	N/A	N/A	N/A	N/A
ULBI	ULTRALIFE CORP	$176.36M	N/A	0.00%	N/A	N/A	N/A	N/A
RAYA	ERAYAK POWER SOLUTION GROUP INC	$8.13M	N/A	0.00%	N/A	N/A	N/A	N/A
ZEO	ZEO ENERGY CORP	$197.26M	N/A	0.00%	N/A	N/A	N/A	N/A
VRT	VERTIV HOLDINGS CO	$34.51B	0.06%	2.10%	$0.0250	$0.05	0%	0
ENVX	ENOVIX CORP	$984.06M	N/A	0.00%	N/A	N/A	N/A	N/A
AMPX	AMPRIUS TECHNOLOGIES INC	$147.47M	N/A	0.00%	N/A	N/A	N/A	N/A
FCEL	FUELCELL ENERGY INC	$380.47M	N/A	0.00%	N/A	N/A	N/A	N/A
SLDP	SOLID POWER INC	$296.99M	N/A	0.00%	N/A	N/A	N/A	N/A
BE	BLOOM ENERGY CORP	$2.15B	N/A	0.00%	N/A	N/A	N/A	N/A
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	$26.80M	N/A	0.00%	$0.0800	N/A	N/A	1
LTBR	LIGHTBRIDGE CORP	$36.53M	N/A	0.00%	N/A	N/A	N/A	N/A
MVST	MICROVAST HOLDINGS INC	$123.08M	N/A	0.00%	N/A	N/A	N/A	N/A
FLUX	FLUX POWER HOLDINGS INC	$72.91M	N/A	0.00%	N/A	N/A	N/A	N/A
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	$1.51B	N/A	0.00%	$0.3200	N/A	N/A	2
NVX	NOVONIX LTD	$270.03M	N/A	0.00%	N/A	N/A	N/A	N/A
OPTT	OCEAN POWER TECHNOLOGIES INC	$11.24M	N/A	0.00%	N/A	N/A	N/A	N/A
PLUG	PLUG POWER INC	$1.63B	N/A	0.00%	N/A	N/A	N/A	N/A
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	$47.91M	N/A	0.00%	N/A	N/A	N/A	N/A
SKYX	SKYX PLATFORMS CORP	$80.60M	N/A	0.00%	N/A	N/A	N/A	N/A
IPWR	IDEAL POWER INC	$55.29M	N/A	0.00%	N/A	N/A	N/A	N/A
FREY	FREYR BATTERY INC	$220.73M	N/A	0.00%	N/A	N/A	N/A	N/A
ELVA	ELECTROVAYA INC	$101.84M	N/A	0.00%	N/A	N/A	N/A	N/A
OESX	ORION ENERGY SYSTEMS INC	$27.68M	N/A	0.00%	N/A	N/A	N/A	N/A
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	$532.76M	N/A	0.00%	N/A	N/A	N/A	N/A
EPOW	SUNRISE NEW ENERGY CO LTD	$19.02M	N/A	0.00%	N/A	N/A	N/A	N/A
XPON	EXPION360 INC	$16.40M	N/A	0.00%	N/A	N/A	N/A	N/A
EOSE	EOS ENERGY ENTERPRISES INC	$151.58M	N/A	0.00%	N/A	N/A	N/A	N/A
POLA	POLAR POWER INC	$6.45M	N/A	0.00%	N/A	N/A	N/A	N/A
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	$25.65M	N/A	0.00%	N/A	N/A	N/A	N/A
SVT	SERVOTRONICS INC	$30.39M	N/A	0.00%	$0.1600	N/A	N/A	0
NEOV	NEOVOLTA INC	$66.14M	N/A	0.00%	N/A	N/A	N/A	N/A
STI	SOLIDION TECHNOLOGY INC	$178.63M	N/A	N/A	N/A	N/A	N/A	N/A
NXU	NXU INC	$165.32k	N/A	0.00%	N/A	N/A	N/A	N/A
SERV	SERVE ROBOTICS INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
RFIL	R F INDUSTRIES LTD	$31.59M	N/A	0.00%	$0.0200	N/A	N/A	1
CAPT	CAPTIVISION INC	$144.68M	N/A	0.00%	N/A	N/A	N/A	N/A
EAF	GRAFTECH INTERNATIONAL LTD	$413.50M	0.62%	-2.00%	$0.0100	$0.01	10%	2
NCNC	NOCO-NOCO INC	$31.01M	N/A	0.00%	N/A	N/A	N/A	N/A
GTI	GRAPHJET TECHNOLOGY	$1.00B	N/A	0.00%	N/A	N/A	N/A	N/A

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Apr 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 -34.01% 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 167.86% from Pioneer Power Solutions's current stock price of $3.92.

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 56, which is 28 points higher than the electrical equipment & part industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 265.04% over the past year, overperforming other electrical equipment & part stocks by 230 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) 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 20 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 75.57% over the past year, overperforming other electrical equipment & part stocks by 41 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 2.97% from Encore Wire's current stock price of $284.06.

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 4.23%, which is 3 percentage points higher than the electrical equipment & part industry average of 1%. 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 2.54%, which is 2 percentage points higher than the electrical equipment & part industry average of 1%. 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. Nvent Electric (NYSE:NVT)

Nvent Electric (NYSE:NVT) has an annual dividend yield of 1.22%, which is the same as the electrical equipment & part industry average of 1%. Nvent Electric's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Nvent Electric's dividend has shown consistent growth over the last 10 years.

Nvent Electric's dividend payout ratio of 20.9% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 0.59% in the last day, and up 3.16% over the last week. Ultralife was the among the top gainers in the electrical equipment & parts industry, gaining 22.68% yesterday.

Ultralife shares are trading higher after the company reported better-than-expected Q1 financial results.

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 74 points higher than the electrical equipment & part industry average of 26. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 75.57% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 41 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 86, which is 60 points higher than the electrical equipment & part industry average of 26. It passed 6 out of 7 valuation due diligence checks.

Advanced Energy Industries's stock has gained 10.5% 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 45 points higher than the electrical equipment & part industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Asia Pacific Wire & Cable's stock has dropped -15.03% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -50 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 10.52% 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 34.4x.

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.