WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyElectronic Components
Best Electronic Component Stocks to Buy Now (2024)
Top electronic component stocks in 2024 ranked by overall Zen Score. See the best electronic component stocks to buy now, according to analyst forecasts for the electronic components industry.

Industry: Electronic Components
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ELTK
ELTEK LTD
NASDAQ
Electronic Components
$67.01M$10.51-2.69%$8.78M9.73x0.47
LYTS
LSI INDUSTRIES INC
NASDAQ
Electronic Components
$426.17M$14.63-1.75%$46.19M15.24x0.45
TEL
TE CONNECTIVITY LTD
NYSE
Electronic Components
$45.12B$147.35-2.13%$3.50B13.40x0.82
MPTI
M-TRON INDUSTRIES INC
NYSEMKT
Electronic Components
$98.62M$35.24-0.48%$6.32M21.62x0.23
OLED
UNIVERSAL DISPLAY CORP
NASDAQ
Electronic Components
$9.55B$201.40-1.48%$316.84M43.69x0.13
ALNT
ALLIENT INC
NASDAQ
Electronic Components
$407.65M$24.30-5.30%$68.40M15.88x1.29
RELL
RICHARDSON ELECTRONICS LTD
NASDAQ
Electronic Components
$162.77M$11.40-3.55%$6.03M38.00x0.22
DSWL
DESWELL INDUSTRIES INC
NASDAQ
Electronic Components
$38.16M$2.402.57%$7.93M6.22x0.22
OSIS
OSI SYSTEMS INC
NASDAQ
Electronic Components
$2.29B$134.59-1.64%$223.57M18.09x1.25
CLS
CELESTICA INC
NYSE
Electronic Components
$6.63B$55.71-1.87%$621.60M20.71x2.34
JBL
JABIL INC
NYSE
Electronic Components
$14.41B$119.48-1.34%$2.91B10.08x5.44
BELFA
BEL FUSE INC
NASDAQ
Electronic Components
$1.04B$82.70-2.56%$100.98M14.72x0.60
APH
AMPHENOL CORP
NYSE
Electronic Components
$82.01B$68.27-1.04%$3.10B40.16x0.92
FN
FABRINET
NYSE
Electronic Components
$8.71B$240.92-1.75%$341.77M31.70x0.35
CTS
CTS CORP
NYSE
Electronic Components
$1.54B$50.43-2.38%$98.66M29.49x0.41
SANM
SANMINA CORP
NASDAQ
Electronic Components
$3.67B$66.16-2.45%$476.71M15.21x1.01
DAKT
DAKTRONICS INC
NASDAQ
Electronic Components
$505.31M$10.94-4.54%$82.04M9.35x1.11
FLEX
FLEX LTD
NASDAQ
Electronic Components
$12.56B$31.26-2.37%$1.68B13.53x2.43
LFUS
LITTELFUSE INC
NASDAQ
Electronic Components
$6.28B$253.52-2.73%$450.67M28.78x0.60
GLW
CORNING INC
NYSE
Electronic Components
$31.91B$37.25-2.18%$2.52B51.03x1.43
BHE
BENCHMARK ELECTRONICS INC
NYSE
Electronic Components
$1.44B$39.85-3.04%$163.51M21.66x1.04
LGL
LGL GROUP INC
NYSEMKT
Electronic Components
$27.84M$5.200.19%$406.00k260.00x0.03
MEI
METHODE ELECTRONICS INC
NYSE
Electronic Components
$336.21M$9.50-3.85%$12.40M-5.86x0.79
PLXS
PLEXUS CORP
NASDAQ
Electronic Components
$2.80B$102.13-1.67%$224.70M27.75x1.60
CPSH
CPS TECHNOLOGIES CORP
NASDAQ
Electronic Components
$24.80M$1.71-2.40%$1.32M34.16x0.22
ROG
ROGERS CORP
NYSE
Electronic Components
$2.22B$119.16-2.06%$146.72M32.65x0.18
MMAT
META MATERIALS INC
NASDAQ
Electronic Components
$21.02M$3.14-5.71%-$376.54M-0.05x1.53
DAIO
DATA I/O CORP
NASDAQ
Electronic Components
$24.91M$2.760.00%$436.00k-46.00x0.34
SGMA
SIGMATRON INTERNATIONAL INC
NASDAQ
Electronic Components
$31.14M$5.11-0.20%$19.55M28.39x2.51
VICR
VICOR CORP
NASDAQ
Electronic Components
$1.51B$33.99-3.46%$52.11M53.95x0.14
NEON
NEONODE INC
NASDAQ
Electronic Components
$34.87M$2.273.18%-$10.34M-3.20x0.13
REFR
RESEARCH FRONTIERS INC
NASDAQ
Electronic Components
$62.34M$1.863.33%-$1.72M-31.00x0.14
MTEK
MARIS TECH LTD
NASDAQ
Electronic Components
$9.85M$1.25-3.85%-$2.87M-3.68x0.64
OUST
OUSTER INC
NYSE
Electronic Components
$467.17M$10.33-2.09%-$192.38M-1.93x0.90
HOLO
MICROCLOUD HOLOGRAM INC
NASDAQ
Electronic Components
$7.84M$1.32-5.71%-$10.87M-0.25x0.14
LINK
INTERLINK ELECTRONICS INC
NASDAQ
Electronic Components
$43.63M$4.435.11%-$242.00k-32.30x0.20
IMTE
INTEGRATED MEDIA TECHNOLOGY LTD
NASDAQ
Electronic Components
$3.49M$1.641.86%-$6.85M-37.27x0.29
OPTX
SYNTEC OPTICS HOLDINGS INC
NASDAQ
Electronic Components
$93.56M$2.55-6.93%$4.68M42.50x1.03
LPTH
LIGHTPATH TECHNOLOGIES INC
NASDAQ
Electronic Components
$47.35M$1.22-1.21%-$2.32M-6.78x0.57
TTMI
TTM TECHNOLOGIES INC
NASDAQ
Electronic Components
$1.84B$18.06-2.75%$174.34M-903.00x1.17
KOPN
KOPIN CORP
NASDAQ
Electronic Components
$85.27M$0.72-2.04%-$48.97M-1.71x9.38
KULR
KULR TECHNOLOGY GROUP INC
NYSEMKT
Electronic Components
$66.49M$0.36-4.71%-$18.47M-2.02x3.37
SELX
SEMILUX INTERNATIONAL LTD
NASDAQ
Electronic Components
$62.88M$1.685.00%-$675.71k-8.57x0.74
OST
OSTIN TECHNOLOGY GROUP CO LTD
NASDAQ
Electronic Components
$5.90M$0.42-15.63%-$6.78M-0.54x3.04

Electronic Component Stocks FAQ

What are the best electronic component stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best electronic component stocks to buy right now are:

1. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) is the top electronic component stock with a Zen Score of 58, which is 24 points higher than the electronic component industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Eltek has seen its stock return 7.46% over the past year, underperforming other electronic component stocks by -3 percentage points.

2. Lsi Industries (NASDAQ:LYTS)


Lsi Industries (NASDAQ:LYTS) is the second best electronic component stock with a Zen Score of 56, which is 22 points higher than the electronic component industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Lsi Industries has seen its stock return 21.51% over the past year, overperforming other electronic component stocks by 11 percentage points.

Lsi Industries has an average 1 year price target of $19.00, an upside of 29.87% from Lsi Industries's current stock price of $14.63.

Lsi Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lsi Industries, 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.

3. M Tron Industries (NYSEMKT:MPTI)


M Tron Industries (NYSEMKT:MPTI) is the third best electronic component stock with a Zen Score of 56, which is 22 points higher than the electronic component industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. M Tron Industries has seen its stock return 217.19% over the past year, overperforming other electronic component stocks by 206 percentage points.

What are the electronic component stocks with highest dividends?

Out of 15 electronic component stocks that have issued dividends in the past year, the 3 electronic component stocks with the highest dividend yields are:

1. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) has an annual dividend yield of 8.35%, which is 6 percentage points higher than the electronic component industry average of 1.94%. Deswell Industries's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Deswell Industries's dividend has shown consistent growth over the last 10 years.

Deswell Industries's dividend payout ratio of 51.9% indicates that its high dividend yield is sustainable for the long-term.

2. Methode Electronics (NYSE:MEI)


Methode Electronics (NYSE:MEI) has an annual dividend yield of 5.89%, which is 4 percentage points higher than the electronic component industry average of 1.94%. Methode Electronics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Methode Electronics's dividend has shown consistent growth over the last 10 years.

Methode Electronics's dividend payout ratio of -34.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Corning (NYSE:GLW)


Corning (NYSE:GLW) has an annual dividend yield of 2.26%, which is the same as the electronic component industry average of 1.94%. Corning's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Corning's dividend has shown consistent growth over the last 10 years.

Corning's dividend payout ratio of 153.4% indicates that its dividend yield might not be sustainable for the long-term.

Why are electronic component stocks down?

Electronic component stocks were down -2.04% in the last day, and up 1.55% over the last week.

We couldn't find a catalyst for why electronic component stocks are down.

What are the most undervalued electronic component stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued electronic component stocks right now are:

1. Lsi Industries (NASDAQ:LYTS)


Lsi Industries (NASDAQ:LYTS) is the most undervalued electronic component stock based on WallStreetZen's Valuation Score. Lsi Industries has a valuation score of 71, which is 45 points higher than the electronic component industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Lsi Industries's stock has gained 21.51% in the past year. It has overperformed other stocks in the electronic component industry by 11 percentage points.

2. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) is the second most undervalued electronic component stock based on WallStreetZen's Valuation Score. Eltek has a valuation score of 71, which is 45 points higher than the electronic component industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Eltek's stock has gained 7.46% in the past year. It has underperformed other stocks in the electronic component industry by -3 percentage points.

3. Bel Fuse (NASDAQ:BELFA)


Bel Fuse (NASDAQ:BELFA) is the third most undervalued electronic component stock based on WallStreetZen's Valuation Score. Bel Fuse has a valuation score of 57, which is 31 points higher than the electronic component industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Bel Fuse's stock has gained 51.08% in the past year. It has overperformed other stocks in the electronic component industry by 40 percentage points.

Are electronic component stocks a good buy now?

52.17% of electronic component stocks rated by analysts are a buy right now. On average, analysts expect electronic component stocks to rise by 5.25% over the next year.

What is the average p/e ratio of the electronic components industry?

The average P/E ratio of the electronic components industry is 23.65x.
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.