WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsIndustrial Distribution
Best Industrial Distribution Stocks to Buy Now (2023)
Top industrial distribution stocks in 2023 ranked by overall Zen Score. See the best industrial distribution stocks to buy now, according to analyst forecasts for the industrial distribution industry.

Industry: Industrial Distribution
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
GWW
WW GRAINGER INC
NYSE
Industrial Distribution
$28.89B$571.791.21%$2.25B20.35x2.01
TITN
TITAN MACHINERY INC
NASDAQ
Industrial Distribution
$980.71M$43.191.41%$174.88M9.19x1.20
WSO
WATSCO INC
NYSE
Industrial Distribution
$10.93B$282.232.36%$748.34M20.28x0.67
GIC
GLOBAL INDUSTRIAL CO
NYSE
Industrial Distribution
$959.18M$25.27-0.24%$140.40M8.87x1.35
FAST
FASTENAL CO
NASDAQ
Industrial Distribution
$28.78B$50.251.29%$1.60B26.87x0.46
AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC
NYSE
Industrial Distribution
$5.42B$140.312.87%$473.30M17.69x0.95
WCC
WESCO INTERNATIONAL INC
NYSE
Industrial Distribution
$7.40B$145.461.62%$1.50B9.80x2.36
SITE
SITEONE LANDSCAPE SUPPLY INC
NYSE
Industrial Distribution
$6.64B$147.262.10%$393.30M24.22x0.99
MSM
MSC INDUSTRIAL DIRECT CO INC
NYSE
Industrial Distribution
$4.58B$81.840.22%$582.13M12.91x0.97
FERG
FERGUSON PLC
NYSE
Industrial Distribution
$29.14B$140.320.49%$3.22B1,389.31x2.03
CNM
CORE & MAIN INC
NYSE
Industrial Distribution
$5.33B$21.672.27%$690.90M10.08x1.67
DXPE
DXP ENTERPRISES INC
NASDAQ
Industrial Distribution
$555.44M$29.60-0.70%$107.59M13.21x1.58
PKOH
PARK OHIO HOLDINGS CORP
NASDAQ
Industrial Distribution
$173.10M$13.506.22%$54.90M-19.85x3.92
DSGR
DISTRIBUTION SOLUTIONS GROUP INC
NASDAQ
Industrial Distribution
$789.00M$40.67-1.24%$71.66M26.58x1.26
EVI
EVI INDUSTRIES INC
NYSEMKT
Industrial Distribution
$254.33M$20.27-10.94%$13.54M57.91x0.99
TRNS
TRANSCAT INC
NASDAQ
Industrial Distribution
$615.02M$81.370.23%$24.96M60.27x1.02

Industrial Distribution Stocks FAQ

What are the best industrial distribution stocks to buy right now in Jan 2023?

According to Zen Score, the 3 best industrial distribution stocks to buy right now are:

1. Ww Grainger (NYSE:GWW)


Ww Grainger (NYSE:GWW) is the top industrial distribution stock with a Zen Score of 62, which is 21 points higher than the industrial distribution industry average of 41. It passed 23 out of 38 due diligence checks and has strong fundamentals. Ww Grainger has seen its stock return 18.73% over the past year, overperforming other industrial distribution stocks by 12 percentage points.

Ww Grainger has an average 1 year price target of $567.75, a downside of -0.71% from Ww Grainger's current stock price of $571.79.

Ww Grainger stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Ww Grainger, 11.11% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 11.11% have issued a Sell rating, and 22.22% have issued a Strong Sell.

2. Titan Machinery (NASDAQ:TITN)


Titan Machinery (NASDAQ:TITN) is the second best industrial distribution stock with a Zen Score of 53, which is 12 points higher than the industrial distribution industry average of 41. It passed 17 out of 33 due diligence checks and has strong fundamentals. Titan Machinery has seen its stock return 46.71% over the past year, overperforming other industrial distribution stocks by 40 percentage points.

Titan Machinery has an average 1 year price target of $36.50, a downside of -15.49% from Titan Machinery's current stock price of $43.19.

Titan Machinery stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Titan Machinery, 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.

3. Watsco (NYSE:WSO)


Watsco (NYSE:WSO) is the third best industrial distribution stock with a Zen Score of 51, which is 10 points higher than the industrial distribution industry average of 41. It passed 18 out of 38 due diligence checks and has strong fundamentals. Watsco has seen its stock return 3.79% over the past year, underperforming other industrial distribution stocks by -2 percentage points.

Watsco has an average 1 year price target of $285.00, an upside of 0.98% from Watsco's current stock price of $282.23.

Watsco stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Watsco, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

What are the industrial distribution stocks with highest dividends?

Out of 8 industrial distribution stocks that have issued dividends in the past year, the 3 industrial distribution stocks with the highest dividend yields are:

1. Msc Industrial Direct Co (NYSE:MSM)


Msc Industrial Direct Co (NYSE:MSM) has an annual dividend yield of 3.76%, which is 1 percentage points higher than the industrial distribution industry average of 2.64%. Msc Industrial Direct Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Msc Industrial Direct Co's dividend has shown consistent growth over the last 10 years.

Msc Industrial Direct Co's dividend payout ratio of 47.9% indicates that its dividend yield is sustainable for the long-term.

2. Park Ohio Holdings (NASDAQ:PKOH)


Park Ohio Holdings (NASDAQ:PKOH) has an annual dividend yield of 3.7%, which is 1 percentage points higher than the industrial distribution industry average of 2.64%. Park Ohio Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Park Ohio Holdings's dividend has not shown consistent growth over the last 10 years.

Park Ohio Holdings's dividend payout ratio of -73.5% indicates that its dividend yield might not be sustainable for the long-term.

3. Global Industrial Co (NYSE:GIC)


Global Industrial Co (NYSE:GIC) has an annual dividend yield of 3.56%, which is 1 percentage points higher than the industrial distribution industry average of 2.64%. Global Industrial Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Global Industrial Co's dividend has shown consistent growth over the last 10 years.

Global Industrial Co's dividend payout ratio of 59.6% indicates that its dividend yield is sustainable for the long-term.

Why are industrial distribution stocks up?

Industrial distribution stocks were up 1.26% in the last day, and up 3.94% over the last week.

We couldn't find a catalyst for why industrial distribution stocks are up.

What are the most undervalued industrial distribution stocks?

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

1. Dxp Enterprises (NASDAQ:DXPE)


Dxp Enterprises (NASDAQ:DXPE) is the most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Dxp Enterprises has a valuation score of 57, which is 22 points higher than the industrial distribution industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Dxp Enterprises's stock has dropped -1.56% in the past year. It has underperformed other stocks in the industrial distribution industry by -8 percentage points.

2. Titan Machinery (NASDAQ:TITN)


Titan Machinery (NASDAQ:TITN) is the second most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Titan Machinery has a valuation score of 57, which is 22 points higher than the industrial distribution industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Titan Machinery's stock has gained 46.71% in the past year. It has overperformed other stocks in the industrial distribution industry by 40 percentage points.

3. Global Industrial Co (NYSE:GIC)


Global Industrial Co (NYSE:GIC) is the third most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Global Industrial Co has a valuation score of 43, which is 8 points higher than the industrial distribution industry average of 35. It passed 3 out of 7 valuation due diligence checks.

Global Industrial Co's stock has dropped -25.19% in the past year. It has underperformed other stocks in the industrial distribution industry by -31 percentage points.

Are industrial distribution stocks a good buy now?

40% of industrial distribution stocks rated by analysts are a hold right now. On average, analysts expect industrial distribution stocks to rise by 5.63% over the next year.

What is the average p/e ratio of the industrial distribution industry?

The average P/E ratio of the industrial distribution industry is 324.13x.
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.