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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.

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

Rcm Technologies (NASDAQ:RCMT) is the top engineering & construction stock with a Zen Score of 65, which is 30 points higher than the engineering & construction industry average of 35. It passed 21 out of 33 due diligence checks and has strong fundamentals. Rcm Technologies has seen its stock return 46.27% over the past year, overperforming other engineering & construction stocks by 51 percentage points.

Rcm Technologies has an average 1 year price target of $25.50, an upside of 106.31% from Rcm Technologies's current stock price of $12.36.

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

Sterling Infrastructure (NASDAQ:STRL) is the second best engineering & construction stock with a Zen Score of 64, which is 29 points higher than the engineering & construction industry average of 35. It passed 21 out of 33 due diligence checks and has strong fundamentals. Sterling Infrastructure has seen its stock return 31.53% over the past year, overperforming other engineering & construction stocks by 36 percentage points.

Sterling Infrastructure has an average 1 year price target of $34.00, a downside of -10.24% from Sterling Infrastructure's current stock price of $37.88.

Sterling Infrastructure stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sterling Infrastructure, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Comfort Systems Usa (NYSE:FIX) is the third best engineering & construction stock with a Zen Score of 54, which is 19 points higher than the engineering & construction industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Comfort Systems Usa has seen its stock return 49.62% over the past year, overperforming other engineering & construction stocks by 54 percentage points.

Comfort Systems Usa has an average 1 year price target of $170.00, an upside of 22.17% from Comfort Systems Usa's current stock price of $139.15.

Comfort Systems Usa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Comfort Systems Usa, 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.

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:

Argan (NYSE:AGX) has an annual dividend yield of 2.46%, which is 1 percentage points higher than the engineering & construction industry average of 1.1%. 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 66.7% indicates that its dividend yield is sustainable for the long-term.

Johnson Controls International (NYSE:JCI) has an annual dividend yield of 2.41%, which is 1 percentage points higher than the engineering & construction industry average of 1.1%. 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 76.1% indicates that its dividend yield is sustainable for the long-term.

Energy Services Of America (NASDAQ:ESOA) has an annual dividend yield of 2.27%, which is 1 percentage points higher than the engineering & construction industry average of 1.1%. 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.

Engineering & construction stocks were up 1.18% in the last day, and down -0.32% over the last week. Agrify was the among the top gainers in the engineering & construction industry, gaining 2.55% yesterday.

Shares of companies in the broader industrials sector are trading higher as stocks rebound from recent weakness stemming from instability concerns in the financial sector, which could impact future Fed policy and industrial demand.

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

Rcm Technologies (NASDAQ:RCMT) is the most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Rcm Technologies has a valuation score of 71, which is 38 points higher than the engineering & construction industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Rcm Technologies's stock has gained 46.27% in the past year. It has overperformed other stocks in the engineering & construction industry by 51 percentage points.

Energy Services Of America (NASDAQ:ESOA) is the second most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 57, which is 24 points higher than the engineering & construction industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Energy Services Of America's stock has dropped -22.81% in the past year. It has underperformed other stocks in the engineering & construction industry by -19 percentage points.

Concrete Pumping Holdings (NASDAQ:BBCP) is the third most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Concrete Pumping Holdings has a valuation score of 57, which is 24 points higher than the engineering & construction industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Concrete Pumping Holdings's stock has dropped -5.23% in the past year. It has underperformed other stocks in the engineering & construction industry by -1 percentage points.