Sectors & Industries IndustrialsIndustrial 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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
TITN	TITAN MACHINERY INC	$619.64M	$27.30	$38.00	39.19%	Buy	2	3.81%	-21.33%	14.98%	6.76%
FAST	FASTENAL CO	$31.50B	$55.16	$51.80	-6.09%	Hold	5	4.86%	4.67%	N/A	N/A
GWW	WW GRAINGER INC	$33.32B	$664.23	$698.63	5.18%	Hold	8	4.03%	1.96%	N/A	N/A
GIC	GLOBAL INDUSTRIAL CO	$968.68M	$25.48	N/A	N/A	N/A	N/A	1.45%	5.98%	36.79%	17.30%
CNM	CORE & MAIN INC	$6.67B	$27.09	$29.13	7.51%	Buy	8	-15.09%	-26.39%	22.40%	7.97%
AIT	APPLIED INDUSTRIAL TECHNOLOGIES INC	$4.95B	$128.09	$164.33	28.29%	Strong Buy	3	-5.88%	-15.80%	22.23%	11.77%
WSO	WATSCO INC	$12.69B	$325.65	$339.56	4.27%	Hold	9	0.93%	-9.75%	27.49%	13.95%
WCC	WESCO INTERNATIONAL INC	$7.49B	$146.08	$184.40	26.23%	Strong Buy	5	0.66%	3.71%	N/A	N/A
MSM	MSC INDUSTRIAL DIRECT CO INC	$5.17B	$92.41	$96.80	4.75%	Buy	5	1.09%	-5.37%	N/A	N/A
DXPE	DXP ENTERPRISES INC	$565.64M	$32.52	$40.00	23.00%	Strong Buy	1	N/A	N/A	14.22%	5.05%
SITE	SITEONE LANDSCAPE SUPPLY INC	$6.35B	$141.11	$153.00	8.43%	Hold	8	-3.63%	9.94%	19.44%	8.94%
DSGR	DISTRIBUTION SOLUTIONS GROUP INC	$959.99M	$45.44	$61.00	34.24%	Buy	1	N/A	N/A	5.65%	2.63%
EVI	EVI INDUSTRIES INC	$237.41M	$18.88	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PKOH	PARK OHIO HOLDINGS CORP	$199.25M	$15.55	N/A	N/A	N/A	N/A	10.64%	N/A	N/A	N/A
FERG	FERGUSON PLC	$30.43B	$147.66	$163.00	10.39%	Strong Buy	7	0.14%	891.10%	40.22%	12.49%
TRNS	TRANSCAT INC	$669.19M	$88.50	$104.00	17.51%	Strong Buy	4	6.75%	39.55%	14.84%	7.50%

Industrial Distribution Stocks FAQ

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

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

1. Titan Machinery (NASDAQ:TITN)

Titan Machinery (NASDAQ:TITN) is the top industrial distribution stock with a Zen Score of 56, which is 12 points higher than the industrial distribution industry average of 44. It passed 18 out of 33 due diligence checks and has strong fundamentals. Titan Machinery has seen its stock return 1.83% over the past year, underperforming other industrial distribution stocks by -24 percentage points.

Titan Machinery has an average 1 year price target of $38.00, an upside of 39.19% from Titan Machinery's current stock price of $27.30.

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.

2. Fastenal Co (NASDAQ:FAST)

Fastenal Co (NASDAQ:FAST) is the second best industrial distribution stock with a Zen Score of 54, which is 10 points higher than the industrial distribution industry average of 44. It passed 20 out of 38 due diligence checks and has strong fundamentals. Fastenal Co has seen its stock return 5.03% over the past year, underperforming other industrial distribution stocks by -21 percentage points.

Fastenal Co has an average 1 year price target of $51.80, a downside of -6.09% from Fastenal Co's current stock price of $55.16.

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

3. Ww Grainger (NYSE:GWW)

Ww Grainger (NYSE:GWW) is the third best industrial distribution stock with a Zen Score of 53, which is 9 points higher than the industrial distribution industry average of 44. It passed 20 out of 38 due diligence checks and has strong fundamentals. Ww Grainger has seen its stock return 39.13% over the past year, overperforming other industrial distribution stocks by 14 percentage points.

Ww Grainger has an average 1 year price target of $698.63, an upside of 5.18% from Ww Grainger's current stock price of $664.23.

Ww Grainger stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Ww Grainger, 25% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 25% 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. Global Industrial Co (NYSE:GIC)

Global Industrial Co (NYSE:GIC) has an annual dividend yield of 3.69%, which is 2 percentage points higher than the industrial distribution industry average of 2.16%. 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 40.2% indicates that its dividend yield is sustainable for the long-term.

2. Msc Industrial Direct Co (NYSE:MSM)

Msc Industrial Direct Co (NYSE:MSM) has an annual dividend yield of 3.38%, which is 1 percentage points higher than the industrial distribution industry average of 2.16%. 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 47.3% indicates that its dividend yield is sustainable for the long-term.

3. Park Ohio Holdings (NASDAQ:PKOH)

Park Ohio Holdings (NASDAQ:PKOH) has an annual dividend yield of 3.22%, which is 1 percentage points higher than the industrial distribution industry average of 2.16%. 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 -51.7% indicates that its dividend yield might not be sustainable for the long-term.

Why are industrial distribution stocks up?

Industrial distribution stocks were up 1.57% in the last day, and down -1.58% 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 71, which is 32 points higher than the industrial distribution industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Dxp Enterprises's stock has gained 8.94% in the past year. It has underperformed other stocks in the industrial distribution industry by -17 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 18 points higher than the industrial distribution industry average of 39. It passed 4 out of 7 valuation due diligence checks.

Titan Machinery's stock has gained 1.83% in the past year. It has underperformed other stocks in the industrial distribution industry by -24 percentage points.

3. Core & Main (NYSE:CNM)

Core & Main (NYSE:CNM) is the third most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Core & Main has a valuation score of 43, which is 4 points higher than the industrial distribution industry average of 39. It passed 3 out of 7 valuation due diligence checks.

Core & Main's stock has gained 10.57% in the past year. It has underperformed other stocks in the industrial distribution industry by -15 percentage points.

Are industrial distribution stocks a good buy now?

38.46% of industrial distribution stocks rated by analysts are a strong buy right now. On average, analysts expect industrial distribution stocks to rise by 10.53% 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 335.09x.

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.