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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 28.88% over the past year, overperforming other engineering & construction stocks by 32 percentage points.

Rcm Technologies has an average 1 year price target of $25.50, an upside of 134.16% from Rcm Technologies's current stock price of $10.89.

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 34.65% over the past year, overperforming other engineering & construction stocks by 37 percentage points.

Sterling Infrastructure has an average 1 year price target of $34.00, a downside of -12.33% from Sterling Infrastructure's current stock price of $38.78.

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 51.85% over the past year, overperforming other engineering & construction stocks by 55 percentage points.

Comfort Systems Usa has an average 1 year price target of $170.00, an upside of 20.38% from Comfort Systems Usa's current stock price of $141.22.

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 2.44%, which is 1 percentage points higher than the engineering & construction industry average of 1.09%. 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 2.36%, which is 1 percentage points higher than the engineering & construction industry average of 1.09%. 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 2.26%, which is 1 percentage points higher than the engineering & construction industry average of 1.09%. 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 1.52% in the last day, and down -0.89% over the last week. Englobal was the among the top gainers in the engineering & construction industry, gaining 12.53% yesterday.

Shares of several energy companies are trading higher as oil prices gain amid the easing of some financial sector concerns.

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 28.88% in the past year. It has overperformed other stocks in the engineering & construction industry by 32 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 -22.46% in the past year. It has underperformed other stocks in the engineering & construction industry by -20 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 -2.75% in the past year. It has performed in line with other stocks in the engineering & construction industry.