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 Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PPSI	PIONEER POWER SOLUTIONS INC	United States	$38.93M	9,930,022	4.81%	95.19%	Net Selling
POWL	POWELL INDUSTRIES INC	United States	$1.75B	11,967,718	52.63%	47.37%	Net Selling	Net Selling
WIRE	ENCORE WIRE CORP	United States	$4.48B	15,788,916	73.30%	26.70%	Net Buying	Net Buying
MAMO	MASSIMO GROUP	United States	$185.85M	41,300,000	0.00%	82.32%
ESP	ESPEY MFG & ELECTRONICS CORP	United States	$61.38M	2,710,933	11.98%	45.24%	Net Buying	Net Buying
AEIS	ADVANCED ENERGY INDUSTRIES INC	United States	$3.50B	37,324,800	64.19%	35.81%	Net Selling	Net Selling
ENR	ENERGIZER HOLDINGS INC	United States	$2.04B	71,782,335	84.96%	2.24%	Net Selling	Net Buying
ENS	ENERSYS	United States	$3.68B	40,415,975	50.03%	49.97%	Net Selling	Net Buying
AYI	ACUITY BRANDS INC	United States	$7.75B	30,797,872	96.62%	3.38%	Net Selling	Net Selling
HUBB	HUBBELL INC	United States	$21.57B	53,626,956	87.38%	12.62%	Net Selling	Net Selling
PLPC	PREFORMED LINE PRODUCTS CO	United States	$606.08M	4,903,939	25.38%	74.62%	Net Selling	Net Selling
KE	KIMBALL ELECTRONICS INC	United States	$517.28M	24,869,206	75.85%	6.39%	Net Selling
NVT	NVENT ELECTRIC PLC	United Kingdom	$12.29B	165,069,204	90.09%	9.35%	Net Selling	Net Selling
ATKR	ATKORE INC	United States	$6.66B	36,768,282	97.30%	2.70%	Net Selling	Net Selling
CBAT	CBAK ENERGY TECHNOLOGY INC	China	$92.62M	89,919,190	1.97%	40.15%
HAYW	HAYWARD HOLDINGS INC	United States	$2.91B	214,316,986	68.75%	31.25%	Net Selling	Net Selling
GWH	ESS TECH INC	United States	$123.65M	174,898,086	34.77%	53.87%	Net Buying	Net Buying
ULBI	ULTRALIFE CORP	United States	$176.36M	16,466,594	21.75%	78.25%	Net Buying	Net Buying
RAYA	ERAYAK POWER SOLUTION GROUP INC	China	$8.13M	12,450,000	0.33%	0.00%
ZEO	ZEO ENERGY CORP	United States	$197.26M	40,256,964	3.20%	90.99%
VRT	VERTIV HOLDINGS CO	United States	$34.51B	381,970,469	86.47%	13.53%	Net Selling	Net Selling
ENVX	ENOVIX CORP	United States	$984.06M	168,504,136	50.86%	24.04%	Net Selling	Net Selling
AMPX	AMPRIUS TECHNOLOGIES INC	United States	$147.47M	91,597,817	4.85%	78.15%	Net Selling	Net Buying
FCEL	FUELCELL ENERGY INC	United States	$380.47M	451,862,054	42.70%	9.38%	Net Selling	Net Selling
SLDP	SOLID POWER INC	United States	$296.99M	181,091,826	27.21%	31.63%	Net Selling	Net Selling
BE	BLOOM ENERGY CORP	United States	$2.15B	224,973,118	77.00%	13.34%	Net Selling	Net Selling
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	Taiwan	$26.80M	20,616,227	1.00%	6.57%
LTBR	LIGHTBRIDGE CORP	United States	$36.53M	13,941,480	2.87%	97.13%	Net Selling	Net Buying
MVST	MICROVAST HOLDINGS INC	United States	$123.08M	317,206,095	20.63%	31.20%	Net Selling
FLUX	FLUX POWER HOLDINGS INC	United States	$72.91M	16,532,493	3.02%	96.98%	Net Selling	Net Selling
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	China	$1.51B	61,987,791	64.78%	0.00%
NVX	NOVONIX LTD	Australia	$270.03M	488,733,461	0.02%	0.00%
OPTT	OCEAN POWER TECHNOLOGIES INC	United States	$11.24M	59,463,573	6.87%	4.92%	Net Buying
PLUG	PLUG POWER INC	United States	$1.63B	684,255,083	43.41%	11.91%	Net Buying	Net Buying
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	United States	$47.91M	60,260,282	8.09%	72.63%
SKYX	SKYX PLATFORMS CORP	United States	$80.60M	96,870,902	11.24%	39.61%	Net Selling	Net Selling
IPWR	IDEAL POWER INC	United States	$55.29M	7,371,699	13.19%	52.67%	Net Selling
FREY	FREYR BATTERY INC	United States	$220.73M	139,705,234	35.25%	10.37%
ELVA	ELECTROVAYA INC	Canada	$101.84M	33,832,784	12.59%	0.00%
OESX	ORION ENERGY SYSTEMS INC	United States	$27.68M	32,561,601	47.68%	50.67%	Net Buying
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	Ireland	$532.76M	48,877,162	2.20%	0.62%
EPOW	SUNRISE NEW ENERGY CO LTD	China	$19.02M	25,361,550	0.02%	0.00%
XPON	EXPION360 INC	United States	$16.40M	7,036,937	2.75%	33.32%	Net Selling
EOSE	EOS ENERGY ENTERPRISES INC	United States	$151.58M	202,645,716	46.82%	14.22%	Net Selling	Net Selling
POLA	POLAR POWER INC	United States	$6.45M	17,561,612	19.10%	35.44%
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	Hong Kong	$25.65M	11,250,000	0.00%	0.00%
SVT	SERVOTRONICS INC	United States	$30.39M	2,543,313	7.80%	92.20%	Net Selling	Net Selling
NEOV	NEOVOLTA INC	United States	$66.14M	33,236,091	5.11%	14.84%
STI	SOLIDION TECHNOLOGY INC	United States	$178.63M	73,211,000	1.77%	97.28%
NXU	NXU INC	United States	$165.32k	459,232	0.02%	99.98%	Net Selling
SERV	SERVE ROBOTICS INC	United States	N/A	37,074,766	0.00%	2.02%	Net Buying	Net Buying
RFIL	R F INDUSTRIES LTD	United States	$31.59M	10,495,548	23.14%	32.97%	Net Buying
CAPT	CAPTIVISION INC	United Kingdom	$144.68M	28,820,000	0.46%	0.00%
EAF	GRAFTECH INTERNATIONAL LTD	United States	$413.50M	256,831,870	80.59%	19.41%	Net Selling	Net Buying
NCNC	NOCO-NOCO INC	Singapore	$31.01M	135,430,452	0.38%	2.98%
GTI	GRAPHJET TECHNOLOGY	Malaysia	$1.00B	144,163,075	0.63%	0.21%

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.