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Best Electrical Equipment & Part Stocks to Buy Now (2022)
Top electrical equipment & part stocks in 2022 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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
SLDP
SOLID POWER INC
United States
$960.00M174,545,06219.94%21.69%Net BuyingNet Selling
WIRE
ENCORE WIRE CORP
United States
$2.17B19,125,56676.03%23.97%Net BuyingNet Buying
OESX
ORION ENERGY SYSTEMS INC
United States
$48.44M31,250,07150.70%48.48%Net BuyingNet Buying
HUBB
HUBBELL INC
United States
$11.81B53,677,75787.44%12.56%Net SellingNet Selling
CBAT
CBAK ENERGY TECHNOLOGY INC
China
$108.57M88,990,8582.51%40.57%
ENR
ENERGIZER HOLDINGS INC
United States
$1.93B71,254,74184.19%2.12%Net SellingNet Selling
AEIS
ADVANCED ENERGY INDUSTRIES INC
United States
$2.99B37,358,97762.29%37.71%Net BuyingNet Selling
ENS
ENERSYS
United States
$2.40B40,658,24650.25%49.75%Net SellingNet Selling
POWL
POWELL INDUSTRIES INC
United States
$255.90M11,781,99352.55%47.45%Net Buying
BMI
BADGER METER INC
United States
$2.70B29,269,05485.56%4.21%Net BuyingNet Buying
PPSI
PIONEER POWER SOLUTIONS INC
United States
$31.15M9,644,5452.25%97.75%Net Buying
FCEL
FUELCELL ENERGY INC
United States
$1.45B405,562,98840.75%10.23%Net SellingNet Selling
BW
BABCOCK & WILCOX ENTERPRISES INC
United States
$596.33M88,083,52023.34%76.66%Net BuyingNet Buying
AZZ
AZZ INC
United States
$922.14M24,788,61488.35%6.25%Net SellingNet Buying
NVT
NVENT ELECTRIC PLC
United Kingdom
$5.24B166,488,32088.11%9.02%Net SellingNet Buying
ABB
ABB LTD
Switzerland
$50.45B1,958,344,4005.31%0.00%
PLPC
PREFORMED LINE PRODUCTS CO
United States
$356.27M4,940,57828.61%71.39%Net SellingNet Selling
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
China
$1.15B61,962,44963.36%0.00%
MVST
MICROVAST HOLDINGS INC
United States
$574.84M302,546,76623.41%32.78%Net Buying
PLUG
PLUG POWER INC
United States
$13.10B578,695,91250.97%13.87%Net SellingNet Buying
GWH
ESS TECH INC
United States
$634.52M153,266,01040.80%48.43%Net Buying
AYI
ACUITY BRANDS INC
United States
$5.17B32,713,07494.06%3.15%Net SellingNet Buying
VRT
VERTIV HOLDINGS CO
United States
$3.75B377,038,07884.35%15.65%Net SellingNet Buying
RFIL
R F INDUSTRIES LTD
United States
$59.11M10,156,19130.48%28.73%Net BuyingNet Buying
FLUX
FLUX POWER HOLDINGS INC
United States
$44.33M15,996,6582.60%97.40%Net Selling
EAF
GRAFTECH INTERNATIONAL LTD
United States
$1.13B256,597,34288.50%0.00%
LTBR
LIGHTBRIDGE CORP
United States
$48.21M11,082,2181.85%98.15%Net SellingNet Buying
OPTT
OCEAN POWER TECHNOLOGIES INC
United States
$42.50M55,922,8809.17%3.00%
HAYW
HAYWARD HOLDINGS INC
United States
$1.99B215,937,78852.26%47.74%Net SellingNet Selling
IPWR
IDEAL POWER INC
United States
$66.71M5,903,79721.46%64.09%Net Buying
ENVX
ENOVIX CORP
United States
$2.91B157,148,37261.73%22.44%Net BuyingNet Selling
BDC
BELDEN INC
United States
$2.62B43,524,76495.69%4.31%Net SellingNet Selling
SVT
SERVOTRONICS INC
United States
$30.71M2,498,69710.07%77.13%Net BuyingNet Buying
DCFC
TRITIUM DCFC LTD
Australia
$580.23M153,094,26929.23%0.00%
BE
BLOOM ENERGY CORP
United States
$3.83B179,122,36863.68%9.12%Net SellingNet Selling
ESP
ESPEY MFG & ELECTRONICS CORP
United States
$36.48M2,702,63310.98%45.28%Net Selling
NVX
NOVONIX LTD
Australia
$595.29M485,951,3690.02%0.00%
POLA
POLAR POWER INC
United States
$32.23M12,788,2037.74%48.67%Net Selling
EOSE
EOS ENERGY ENTERPRISES INC
United States
$106.18M59,650,96038.56%47.54%Net Selling
NILE
BITNILE HOLDINGS INC
United States
$63.54M330,961,6687.60%5.46%Net BuyingNet Buying
XPON
EXPION360 INC
United States
$13.41M6,802,4640.89%31.41%Net Buying
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
Ireland
$375.82M48,807,8987.78%0.62%Net Buying
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
Taiwan
$19.62M13,819,6691.45%9.81%
KE
KIMBALL ELECTRONICS INC
United States
$430.95M24,625,79768.82%6.16%Net SellingNet Selling
FREY
FREYR BATTERY
Luxembourg
$1.62B116,703,50445.14%9.52%
ELBM
ELECTRA BATTERY MATERIALS CORP
Canada
N/A22,738,2232.54%0.00%
NEOV
NEOVOLTA INC
United States
N/A32,649,1180.06%13.95%
AMPX
AMPRIUS TECHNOLOGIES INC
United States
$1.04B80,000,00020.53%79.47%
BNRG
BRENMILLER ENERGY LTD
Israel
$59.69M16,332,1430.13%0.00%
GRFX
GRAPHEX GROUP LTD
Hong Kong
$42.68M605,386,1500.00%0.00%

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best electrical equipment & part stocks to buy right now are:

1. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the top electrical equipment & part stock with a Zen Score of 63, which is 29 points higher than the electrical equipment & part industry average of 34. It passed 20 out of 33 due diligence checks and has strong fundamentals. Solid Power has seen its stock lose -45.33% over the past year, underperforming other electrical equipment & part stocks by -34 percentage points.

Solid Power has an average 1 year price target of $10.50, an upside of 90.91% from Solid Power's current stock price of $5.50.

Solid Power stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Solid Power, 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. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second best electrical equipment & part stock with a Zen Score of 57, which is 23 points higher than the electrical equipment & part industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 20.41% over the past year, overperforming other electrical equipment & part stocks by 31 percentage points.

Encore Wire has an average 1 year price target of $190.00, an upside of 67.5% from Encore Wire's current stock price of $113.43.

Encore Wire stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Encore Wire, 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.

3. Orion Energy Systems (NASDAQ:OESX)


Orion Energy Systems (NASDAQ:OESX) is the third best electrical equipment & part stock with a Zen Score of 55, which is 21 points higher than the electrical equipment & part industry average of 34. It passed 17 out of 33 due diligence checks and has strong fundamentals. Orion Energy Systems has seen its stock lose -60.66% over the past year, underperforming other electrical equipment & part stocks by -50 percentage points.

Orion Energy Systems has an average 1 year price target of $4.00, an upside of 158.06% from Orion Energy Systems's current stock price of $1.55.

Orion Energy Systems stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Orion Energy Systems, 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 16 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. Powell Industries (NASDAQ:POWL)


Powell Industries (NASDAQ:POWL) has an annual dividend yield of 4.79%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.61%. 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 148.6% indicates that its dividend yield might not be sustainable for the long-term.

2. Energizer Holdings (NYSE:ENR)


Energizer Holdings (NYSE:ENR) has an annual dividend yield of 4.44%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.61%. 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 40% indicates that its dividend yield is sustainable for the long-term.

3. Abb (NYSE:ABB)


Abb (NYSE:ABB) has an annual dividend yield of 3.44%, which is 2 percentage points higher than the electrical equipment & part industry average of 1.61%. Abb's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Abb's dividend has shown consistent growth over the last 10 years.

Abb's dividend payout ratio of 38.5% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -1.96% in the last day, and down -4.21% over the last week. Tritium Dcfc was the among the top losers in the electrical equipment & parts industry, dropping -13.47% yesterday.

Tritium DCFC shares are trading lower after the company reported FY22 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. Solid Power (NASDAQ:SLDP)


Solid Power (NASDAQ:SLDP) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Solid Power has a valuation score of 86, which is 53 points higher than the electrical equipment & part industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Solid Power's stock has dropped -45.33% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -34 percentage points.

2. Hollysys Automation Technologies (NASDAQ:HOLI)


Hollysys Automation Technologies (NASDAQ:HOLI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies has a valuation score of 71, which is 38 points higher than the electrical equipment & part industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Hollysys Automation Technologies's stock has dropped -9.79% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 1 percentage points.

3. Cbak Energy Technology (NASDAQ:CBAT)


Cbak Energy Technology (NASDAQ:CBAT) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Cbak Energy Technology has a valuation score of 71, which is 38 points higher than the electrical equipment & part industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Cbak Energy Technology's stock has dropped -53.26% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -42 percentage points.

Are electrical equipment & part stocks a good buy now?

41.67% of electrical equipment & part stocks rated by analysts are a buy right now. On average, analysts expect electrical equipment & part stocks to rise by 35.17% 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 2.76x.
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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.