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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CBAT
CBAK ENERGY TECHNOLOGY INC
China
$96.23M89,939,1902.22%40.18%
POWL
POWELL INDUSTRIES INC
United States
$4.15B11,987,83860.80%39.20%Net SellingNet Selling
VRT
VERTIV HOLDINGS CO
United States
$47.20B375,335,99283.31%12.86%Net SellingNet Selling
ENS
ENERSYS
United States
$3.88B39,820,15949.50%50.50%Net SellingNet Selling
AYI
ACUITY BRANDS INC
United States
$10.19B30,863,34496.49%3.51%Net SellingNet Selling
HUBB
HUBBELL INC
United States
$25.11B53,670,54987.64%12.36%Net SellingNet Buying
ULBI
ULTRALIFE CORP
United States
$132.65M16,623,34725.16%74.84%Net Buying
ESP
ESPEY MFG & ELECTRONICS CORP
United States
$87.77M2,744,45815.75%44.79%Net BuyingNet Buying
NVT
NVENT ELECTRIC PLC
United Kingdom
$12.68B164,815,77690.55%9.45%Net SellingNet Selling
FLUX
FLUX POWER HOLDINGS INC
United States
$44.54M16,682,4652.88%97.12%Net Selling
PLPC
PREFORMED LINE PRODUCTS CO
United States
$689.78M4,897,59629.64%70.36%Net Selling
ELVA
ELECTROVAYA INC
Canada
$75.27M34,134,1658.71%0.00%
KE
KIMBALL ELECTRONICS INC
United States
$512.62M24,680,65177.78%6.61%Net SellingNet Selling
ATKR
ATKORE INC
United States
$3.42B35,864,72997.33%2.67%Net SellingNet Selling
ENR
ENERGIZER HOLDINGS INC
United States
$2.41B71,796,10986.00%2.27%Net SellingNet Selling
AEIS
ADVANCED ENERGY INDUSTRIES INC
United States
$4.42B37,673,06764.10%35.90%Net SellingNet Selling
PPSI
PIONEER POWER SOLUTIONS INC
United States
$68.89M10,917,0383.65%96.35%Net BuyingNet Buying
HAYW
HAYWARD HOLDINGS INC
United States
$3.46B215,424,56060.57%39.43%Net SellingNet Buying
GWH
ESS TECH INC
United States
$97.49M11,788,34335.31%64.69%Net BuyingNet Buying
FCEL
FUELCELL ENERGY INC
United States
$139.00M556,009,54936.03%7.65%Net SellingNet Buying
IPWR
IDEAL POWER INC
United States
$56.93M7,693,91724.54%52.09%Net Selling
RAYA
ERAYAK POWER SOLUTION GROUP INC
China
$32.48M28,000,0000.03%0.00%
MVST
MICROVAST HOLDINGS INC
United States
$57.64M323,815,29813.09%30.57%Net Selling
OESX
ORION ENERGY SYSTEMS INC
United States
$32.84M32,906,73145.90%54.10%Net Buying
PLUG
PLUG POWER INC
United States
$1.81B879,636,02539.94%9.34%Net BuyingNet Buying
SLDP
SOLID POWER INC
United States
$207.60M178,962,85825.48%32.84%Net SellingNet Buying
WBX
WALLBOX NV
Spain
$193.42M217,321,1933.51%0.00%
AMPX
AMPRIUS TECHNOLOGIES INC
United States
$192.12M111,051,4876.89%8.15%Net SellingNet Selling
BE
BLOOM ENERGY CORP
United States
$3.01B228,575,97884.24%13.38%Net SellingNet Selling
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
Ireland
$693.52M50,584,7581.76%0.60%
LTBR
LIGHTBRIDGE CORP
United States
$141.59M15,766,9022.74%97.26%Net SellingNet Buying
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
Taiwan
$38.86M20,616,2271.00%6.57%
ENVX
ENOVIX CORP
United States
$1.67B177,977,20447.44%22.63%Net SellingNet Selling
OPTT
OCEAN POWER TECHNOLOGIES INC
United States
$14.40M97,935,7483.99%2.99%Net Selling
EOSE
EOS ENERGY ENTERPRISES INC
United States
$581.83M217,912,36129.09%13.42%Net SellingNet Selling
FREY
FREYR BATTERY INC
United States
$288.01M140,490,40641.67%26.17%Net Buying
NVX
NOVONIX LTD
Australia
$229.83M489,003,9350.23%0.00%
POLA
POLAR POWER INC
United States
$9.29M17,561,61218.45%35.44%
SKYX
SKYX PLATFORMS CORP
United States
$142.23M101,589,4958.52%37.78%Net SellingNet Buying
SVT
SERVOTRONICS INC
United States
$29.56M2,557,9276.82%93.18%Net SellingNet Selling
PITA
HERAMBA ELECTRIC PLC
Ireland
$58.33M47,043,4079.15%0.00%
NEOV
NEOVOLTA INC
United States
$149.27M33,245,8674.76%15.14%
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
Hong Kong
$21.89M11,581,2500.33%0.00%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
United States
$32.92M62,591,1716.15%69.93%
RFIL
R F INDUSTRIES LTD
United States
$43.02M10,493,48523.73%33.82%Net BuyingNet Buying
XPON
EXPION360 INC
United States
$2.07M555,7699.64%90.36%Net Selling
EPOW
SUNRISE NEW ENERGY CO LTD
China
$25.15M26,141,3500.73%0.00%
EAF
GRAFTECH INTERNATIONAL LTD
United States
$547.77M257,167,12767.57%32.43%Net Selling
GAUZ
GAUZY LTD
Israel
$156.73M18,681,04734.43%0.00%
STI
SOLIDION TECHNOLOGY INC
United States
$32.55M92,478,4431.54%77.01%
CAPT
CAPTIVISION INC
United Kingdom
$39.36M29,157,6420.12%0.00%
GTI
GRAPHJET TECHNOLOGY
Malaysia
$396.94M146,741,3060.05%0.20%

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in Nov 2024?

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

1. Cbak Energy Technology (NASDAQ:CBAT)


Cbak Energy Technology (NASDAQ:CBAT) 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. Cbak Energy Technology has seen its stock return 24.42% over the past year, overperforming other electrical equipment & part stocks by 7 percentage points.

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 22 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 317.46% over the past year, overperforming other electrical equipment & part stocks by 300 percentage points.

3. Vertiv Holdings Co (NYSE:VRT)


Vertiv Holdings Co (NYSE:VRT) is the third best electrical equipment & part stock with a Zen Score of 51, which is 23 points higher than the electrical equipment & part industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Vertiv Holdings Co has seen its stock return 213.83% over the past year, overperforming other electrical equipment & part stocks by 196 percentage points.

Vertiv Holdings Co has an average 1 year price target of $124.88, a downside of -0.7% from Vertiv Holdings Co's current stock price of $125.75.

Vertiv Holdings Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Vertiv Holdings Co, 62.5% have issued a Strong Buy rating, 37.5% 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 11 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 3.58%, which is 3 percentage points higher than the electrical equipment & part industry average of 1.02%. 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 800% 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 2.42%, which is 1 percentage points higher than the electrical equipment & part industry average of 1.02%. 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 39.5% indicates that its dividend yield is sustainable for the long-term.

3. Atkore (NYSE:ATKR)


Atkore (NYSE:ATKR) has an annual dividend yield of 1.01%, which is the same as the electrical equipment & part industry average of 1.02%.

Atkore's dividend payout ratio of 4.4% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks up?

Electrical equipment & part stocks were up 0.88% in the last day, and up 11.02% over the last week. Amprius Technologies was the among the top gainers in the electrical equipment & parts industry, gaining 33.08% yesterday.

Ampirus Technologies shares are trading higher after the company reported better-than-expected Q3 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. Cbak Energy Technology (NASDAQ:CBAT)


Cbak Energy Technology (NASDAQ:CBAT) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Cbak Energy Technology has a valuation score of 71, which is 54 points higher than the electrical equipment & part industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Cbak Energy Technology's stock has gained 24.42% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 7 percentage points.

2. Espey Mfg & Electronics (NYSEMKT:ESP)


Espey Mfg & Electronics (NYSEMKT:ESP) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Espey Mfg & Electronics has a valuation score of 57, which is 40 points higher than the electrical equipment & part industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Espey Mfg & Electronics's stock has gained 91.96% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 75 percentage points.

3. Enersys (NYSE:ENS)


Enersys (NYSE:ENS) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Enersys has a valuation score of 57, which is 40 points higher than the electrical equipment & part industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Enersys's stock has gained 11.6% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -6 percentage points.

Are electrical equipment & part stocks a good buy now?

50% 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 6.89% 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 49.01x.
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