WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsEngineering & Construction
Best Engineering & Construction Stocks to Buy Now (2023)
Top engineering & construction stocks in 2023 ranked by overall Zen Score. See the best engineering & construction stocks to buy now, according to analyst forecasts for the engineering & construction industry.

Industry: Engineering & Constructio...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
STRL
STERLING INFRASTRUCTURE INC
$1.45B$47.12$52.0010.36%Strong Buy111.82%-7.08%23.22%8.02%
IESC
IES HOLDINGS INC
$965.80M$47.88N/AN/AN/AN/AN/AN/AN/AN/A
RCMT
RCM TECHNOLOGIES INC
$132.89M$16.07$23.5046.24%Strong Buy2N/AN/A64.10%18.74%
LMB
LIMBACH HOLDINGS INC
$225.97M$21.36$24.5014.70%Strong Buy2N/AN/A12.26%4.34%
FIX
COMFORT SYSTEMS USA INC
$5.37B$150.00$175.0016.67%Strong Buy1-4.82%-1.99%20.03%7.43%
MYRG
MYR GROUP INC
$2.19B$131.28$147.0011.97%Buy1-6.59%8.16%17.59%7.47%
EME
EMCOR GROUP INC
$8.12B$170.86$188.0010.03%Strong Buy1-0.68%-3.30%21.89%8.02%
BLD
TOPBUILD CORP
$6.55B$206.16$236.6014.77%Strong Buy5-4.06%-11.66%27.15%11.93%
TTEK
TETRA TECH INC
$7.30B$137.11$177.5029.46%Buy2-22.33%-16.78%20.03%6.81%
DY
DYCOM INDUSTRIES INC
$3.06B$104.29$118.0013.15%Buy32.02%8.53%22.71%8.82%
NVEE
NV5 GLOBAL INC
$1.48B$94.36$119.0026.11%Strong Buy2N/AN/A13.29%8.78%
PRIM
PRIMORIS SERVICES CORP
$1.45B$27.26$27.00-0.95%Hold1-8.86%8.24%15.57%4.90%
KBR
KBR INC
$7.92B$58.37$69.8319.64%Strong Buy612.65%25.06%40.04%11.48%
STN
STANTEC INC
$6.44B$58.04N/AN/AN/AN/A6.66%47.55%17.80%7.37%
PWR
QUANTA SERVICES INC
$25.26B$174.00$184.005.75%Buy84.99%29.42%N/AN/A
BLNK
BLINK CHARGING CO
$420.85M$6.88$17.60155.81%Hold539.87%N/AN/AN/A
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$42.46B$61.88$69.9012.96%Buy111.72%78.11%17.70%6.48%
J
JACOBS SOLUTIONS INC
$14.46B$114.01$148.0029.81%Buy65.62%20.63%19.17%8.15%
ESOA
ENERGY SERVICES OF AMERICA CORP
$31.00M$1.86N/AN/AN/AN/AN/AN/AN/AN/A
GVA
GRANITE CONSTRUCTION INC
$1.61B$36.72$36.00-1.96%Strong Sell1N/AN/A14.13%6.29%
AGX
ARGAN INC
$557.80M$41.64N/AN/AN/AN/AN/AN/AN/AN/A
ACM
AECOM
$10.71B$77.06$100.5730.51%Strong Buy75.40%24.77%22.02%5.02%
ROAD
CONSTRUCTION PARTNERS INC
$1.53B$28.99$34.5019.01%Strong Buy2-0.16%35.96%N/AN/A
AMRC
AMERESCO INC
$2.25B$43.25$61.6042.43%Strong Buy10-1.69%28.95%14.21%3.97%
BBCP
CONCRETE PUMPING HOLDINGS INC
$385.65M$6.96$7.507.76%Buy1N/AN/A9.09%2.95%
WLDN
WILLDAN GROUP INC
$228.64M$16.95$24.0041.59%Strong Buy1N/AN/A0.58%0.27%
AGFY
AGRIFY CORP
$1.72M$0.19N/AN/AN/AN/AN/AN/A-140.87%-44.30%
DRTT
DIRTT ENVIRONMENTAL SOLUTIONS LTD
$36.79M$0.37N/AN/AN/AN/A21.26%N/A80.34%4.26%
APG
API GROUP CORP
$5.36B$22.80$27.0018.42%Strong Buy4N/AN/A15.75%4.39%
FLR
FLUOR CORP
$3.89B$27.19$34.6727.50%Hold3N/AN/A21.41%5.55%
ENG
ENGLOBAL CORP
$18.29M$0.46N/AN/AN/AN/AN/AN/AN/AN/A
ORN
ORION GROUP HOLDINGS INC
$81.40M$2.53$3.0018.58%Hold10.51%N/AN/AN/A
AENZ
AENZA SAA
$166.41M$2.08N/AN/AN/AN/AN/AN/AN/AN/A
GLDD
GREAT LAKES DREDGE & DOCK CORP
$438.35M$6.60N/AN/AN/AN/AN/AN/AN/AN/A
MTZ
MASTEC INC
$7.75B$98.24$118.0020.11%Strong Buy75.53%N/AN/AN/A
SLND
SOUTHLAND HOLDINGS INC
$410.61M$8.58$14.0063.17%Buy1N/AN/AN/AN/A
TPC
TUTOR PERINI CORP
$306.25M$5.93N/AN/AN/AN/AN/AN/A4.67%1.47%
WLGS
WANG & LEE GROUP INC
$22.04M$1.46N/AN/AN/AN/AN/AN/AN/AN/A
WLMS
WILLIAMS INDUSTRIAL SERVICES GROUP INC
$12.24M$0.45N/AN/AN/AN/AN/AN/A22.10%4.75%

Engineering & Construction Stocks FAQ

What are the best engineering & construction stocks to buy right now in May 2023?

According to Zen Score, the 3 best engineering & construction stocks to buy right now are:

1. Ies Holdings (NASDAQ:IESC)


Ies Holdings (NASDAQ:IESC) is the top engineering & construction stock with a Zen Score of 58, which is 23 points higher than the engineering & construction industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Ies Holdings has seen its stock return 58.33% over the past year, overperforming other engineering & construction stocks by 45 percentage points.

2. Sterling Infrastructure (NASDAQ:STRL)


Sterling Infrastructure (NASDAQ:STRL) is the second best engineering & construction stock with a Zen Score of 58, which is 23 points higher than the engineering & construction industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Sterling Infrastructure has seen its stock return 93.27% over the past year, overperforming other engineering & construction stocks by 80 percentage points.

Sterling Infrastructure has an average 1 year price target of $52.00, an upside of 10.36% from Sterling Infrastructure's current stock price of $47.12.

Sterling Infrastructure stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Sterling Infrastructure, 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. Limbach Holdings (NASDAQ:LMB)


Limbach Holdings (NASDAQ:LMB) is the third best engineering & construction stock with a Zen Score of 52, which is 17 points higher than the engineering & construction industry average of 35. It passed 16 out of 33 due diligence checks and has strong fundamentals. Limbach Holdings has seen its stock return 280.75% over the past year, overperforming other engineering & construction stocks by 267 percentage points.

Limbach Holdings has an average 1 year price target of $24.50, an upside of 14.7% from Limbach Holdings's current stock price of $21.36.

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

What are the engineering & construction stocks with highest dividends?

Out of 12 engineering & construction stocks that have issued dividends in the past year, the 3 engineering & construction stocks with the highest dividend yields are:

1. Energy Services Of America (NASDAQ:ESOA)


Energy Services Of America (NASDAQ:ESOA) has an annual dividend yield of 2.69%, which is 2 percentage points higher than the engineering & construction industry average of 1.11%. Energy Services Of America's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Energy Services Of America's dividend has not shown consistent growth over the last 10 years.

Energy Services Of America's dividend payout ratio of 29.4% indicates that its dividend yield is sustainable for the long-term.

2. Argan (NYSE:AGX)


Argan (NYSE:AGX) has an annual dividend yield of 2.4%, which is 1 percentage points higher than the engineering & construction industry average of 1.11%. Argan's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Argan's dividend has not shown consistent growth over the last 10 years.

Argan's dividend payout ratio of 42.6% indicates that its dividend yield is sustainable for the long-term.

3. Johnson Controls International (NYSE:JCI)


Johnson Controls International (NYSE:JCI) has an annual dividend yield of 2.28%, which is 1 percentage points higher than the engineering & construction industry average of 1.11%. Johnson Controls International's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Johnson Controls International's dividend has shown consistent growth over the last 10 years.

Johnson Controls International's dividend payout ratio of 70.1% indicates that its dividend yield is sustainable for the long-term.

Why are engineering & construction stocks up?

Engineering & construction stocks were up 1.15% in the last day, and down -0.48% over the last week.

We couldn't find a catalyst for why engineering & construction stocks are up.

What are the most undervalued engineering & construction stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued engineering & construction stocks right now are:

1. Limbach Holdings (NASDAQ:LMB)


Limbach Holdings (NASDAQ:LMB) is the most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Limbach Holdings has a valuation score of 71, which is 36 points higher than the engineering & construction industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Limbach Holdings's stock has gained 280.75% in the past year. It has overperformed other stocks in the engineering & construction industry by 267 percentage points.

2. Ies Holdings (NASDAQ:IESC)


Ies Holdings (NASDAQ:IESC) is the second most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Ies Holdings has a valuation score of 71, which is 36 points higher than the engineering & construction industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Ies Holdings's stock has gained 58.33% in the past year. It has overperformed other stocks in the engineering & construction industry by 45 percentage points.

3. Energy Services Of America (NASDAQ:ESOA)


Energy Services Of America (NASDAQ:ESOA) is the third most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 57, which is 22 points higher than the engineering & construction industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Energy Services Of America's stock has dropped -21.19% in the past year. It has underperformed other stocks in the engineering & construction industry by -35 percentage points.

Are engineering & construction stocks a good buy now?

51.85% of engineering & construction stocks rated by analysts are a strong buy right now. On average, analysts expect engineering & construction stocks to rise by 18.43% over the next year.

What is the average p/e ratio of the engineering & construction industry?

The average P/E ratio of the engineering & construction industry is -6.38x.
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.