Sectors & IndustriesIndustrialsEngineering & Construction

Best Engineering & Construction Stocks to Buy Now (2024)

Top engineering & construction stocks in 2024 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:

Energy Services Of America (NASDAQ:ESOA) is the top engineering & construction stock with a Zen Score of 64, which is 38 points higher than the engineering & construction industry average of 26. It passed 24 out of 38 due diligence checks and has strong fundamentals. Energy Services Of America has seen its stock return 188.99% over the past year, overperforming other engineering & construction stocks by 146 percentage points.

Dycom Industries (NYSE:DY) is the second best engineering & construction stock with a Zen Score of 52, which is 26 points higher than the engineering & construction industry average of 26. It passed 17 out of 33 due diligence checks and has strong fundamentals. Dycom Industries has seen its stock return 51.42% over the past year, overperforming other engineering & construction stocks by 8 percentage points.

Dycom Industries has an average 1 year price target of $168.67, an upside of 12.62% from Dycom Industries's current stock price of $149.77.

Dycom Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Dycom Industries, 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 third best engineering & construction stock with a Zen Score of 52, which is 26 points higher than the engineering & construction industry average of 26. It passed 17 out of 33 due diligence checks and has strong fundamentals. Sterling Infrastructure has seen its stock return 195.84% over the past year, overperforming other engineering & construction stocks by 152 percentage points.

Sterling Infrastructure has an average 1 year price target of $115.00, a downside of -9.68% from Sterling Infrastructure's current stock price of $127.33.

Sterling Infrastructure stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Sterling Infrastructure, 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.

Out of 10 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 1.7%, which is -1 percentage points lower than the engineering & construction industry average of 2.39%. 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 45.5% indicates that its dividend yield is sustainable for the long-term.

Exponent (NASDAQ:EXPO) has an annual dividend yield of 1.12%, which is -1 percentage points lower than the engineering & construction industry average of 2.39%. Exponent's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Exponent's dividend has shown consistent growth over the last 10 years.

Exponent's dividend payout ratio of 53.5% indicates that its dividend yield is sustainable for the long-term.

Energy Services Of America (NASDAQ:ESOA) has an annual dividend yield of 0.95%, which is -1 percentage points lower than the engineering & construction industry average of 2.39%. 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 shown consistent growth over the last 10 years.

Energy Services Of America's dividend payout ratio of 10% indicates that its dividend yield is sustainable for the long-term.

Engineering & construction stocks were up 0.46% in the last day, and up 3.19% over the last week. Blink Charging Co was the among the top gainers in the engineering & construction industry, gaining 5.81% yesterday.

Shares of 'meme stocks' and high-short interest stocks are trading higher amid a renewed surge in the space after popular retail trader 'Roaring Kitty' returned to social media.

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

Energy Services Of America (NASDAQ:ESOA) is the most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 100, which is 73 points higher than the engineering & construction industry average of 27. It passed 7 out of 7 valuation due diligence checks.

Energy Services Of America's stock has gained 188.99% in the past year. It has overperformed other stocks in the engineering & construction industry by 146 percentage points.

Ameresco (NYSE:AMRC) is the second most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Ameresco has a valuation score of 71, which is 44 points higher than the engineering & construction industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Ameresco's stock has dropped -31.32% in the past year. It has underperformed other stocks in the engineering & construction industry by -75 percentage points.

Fluor (NYSE:FLR) is the third most undervalued engineering & construction stock based on WallStreetZen's Valuation Score. Fluor has a valuation score of 57, which is 30 points higher than the engineering & construction industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Fluor's stock has gained 43.36% in the past year. It has performed in line with other stocks in the engineering & construction industry.