Sectors & Industries IndustrialsIndustrial Distribution
Best Industrial Distribution Stocks to Buy Now (2024)
Top industrial distribution stocks in 2024 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
POOL	POOL CORP	$13.97B	$364.15	$402.00	10.39%	Hold	3	2.71%	36.64%	N/A	N/A
AIT	APPLIED INDUSTRIAL TECHNOLOGIES INC	$7.13B	$184.40	$222.50	20.66%	Strong Buy	2	2.08%	-19.86%	N/A	N/A
FAST	FASTENAL CO	$39.21B	$68.48	$71.50	4.41%	Buy	4	6.24%	3.20%	N/A	N/A
GWW	WW GRAINGER INC	$46.71B	$949.92	$968.86	1.99%	Hold	7	6.19%	-0.73%	N/A	N/A
GIC	GLOBAL INDUSTRIAL CO	$1.53B	$39.99	N/A	N/A	N/A	N/A	7.43%	13.51%	N/A	N/A
TITN	TITAN MACHINERY INC	$520.72M	$22.79	$42.00	84.29%	Strong Buy	1	3.22%	N/A	N/A	N/A
WSO	WATSCO INC	$17.88B	$403.94	$455.00	12.64%	Strong Buy	2	5.85%	-0.80%	N/A	N/A
SITE	SITEONE LANDSCAPE SUPPLY INC	$7.25B	$160.69	$172.60	7.41%	Hold	5	6.33%	39.01%	N/A	N/A
TRNS	TRANSCAT INC	$924.50M	$104.71	$124.00	18.42%	Buy	1	6.47%	N/A	N/A	N/A
CNM	CORE & MAIN INC	$11.03B	$54.77	$58.00	5.90%	Buy	7	8.39%	N/A	N/A	N/A
MSM	MSC INDUSTRIAL DIRECT CO INC	$5.13B	$91.10	$106.00	16.36%	Strong Buy	2	3.71%	-16.25%	N/A	N/A
EVI	EVI INDUSTRIES INC	$269.20M	$21.24	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WCC	WESCO INTERNATIONAL INC	$7.77B	$152.52	$179.60	17.76%	Buy	5	2.05%	13.80%	N/A	N/A
DXPE	DXP ENTERPRISES INC	$816.78M	$50.48	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FERG	FERGUSON PLC	$42.88B	$211.44	$224.29	6.08%	Strong Buy	7	4.07%	935.42%	N/A	N/A
BXC	BLUELINX HOLDINGS INC	$951.51M	$110.00	$144.00	30.91%	Strong Buy	1	N/A	N/A	N/A	N/A
DSGR	DISTRIBUTION SOLUTIONS GROUP INC	$1.52B	$32.48	$36.00	10.84%	Buy	1	13.40%	N/A	N/A	N/A
BECN	BEACON ROOFING SUPPLY INC	$5.91B	$93.18	$113.20	21.49%	Strong Buy	5	3.97%	N/A	N/A	N/A

Industrial Distribution Stocks FAQ

What are the best industrial distribution stocks to buy right now in Apr 2024?

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

1. Pool (NASDAQ:POOL)

Pool (NASDAQ:POOL) is the top industrial distribution stock with a Zen Score of 50, which is 12 points higher than the industrial distribution industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Pool has seen its stock return 7.92% over the past year, underperforming other industrial distribution stocks by -24 percentage points.

Pool has an average 1 year price target of $402.00, an upside of 10.39% from Pool's current stock price of $364.15.

Pool stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Pool, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Applied Industrial Technologies (NYSE:AIT)

Applied Industrial Technologies (NYSE:AIT) is the second best industrial distribution stock with a Zen Score of 50, which is 12 points higher than the industrial distribution industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Applied Industrial Technologies has seen its stock return 34.94% over the past year, overperforming other industrial distribution stocks by 3 percentage points.

Applied Industrial Technologies has an average 1 year price target of $222.50, an upside of 20.66% from Applied Industrial Technologies's current stock price of $184.40.

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

3. Global Industrial Co (NYSE:GIC)

Global Industrial Co (NYSE:GIC) is the third best industrial distribution stock with a Zen Score of 49, which is 11 points higher than the industrial distribution industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Global Industrial Co has seen its stock return 49.83% over the past year, overperforming other industrial distribution stocks by 18 percentage points.

What are the industrial distribution stocks with highest dividends?

Out of 9 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 3.6%, which is 2 percentage points higher than the industrial distribution industry average of 1.77%. 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 57.9% indicates that its dividend yield is sustainable for the long-term.

2. Fastenal Co (NASDAQ:FAST)

Fastenal Co (NASDAQ:FAST) has an annual dividend yield of 2.66%, which is 1 percentage points higher than the industrial distribution industry average of 1.77%. Fastenal Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Fastenal Co's dividend has shown consistent growth over the last 10 years.

Fastenal Co's dividend payout ratio of 90.1% indicates that its dividend yield might not be sustainable for the long-term.

3. Watsco (NYSE:WSO)

Watsco (NYSE:WSO) has an annual dividend yield of 2.49%, which is 1 percentage points higher than the industrial distribution industry average of 1.77%. Watsco's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Watsco's dividend has shown consistent growth over the last 10 years.

Watsco's dividend payout ratio of 71.4% indicates that its dividend yield is sustainable for the long-term.

Why are industrial distribution stocks down?

Industrial distribution stocks were down -1.53% in the last day, and down -5.3% over the last week.

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

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. Titan Machinery (NASDAQ:TITN)

Titan Machinery (NASDAQ:TITN) is the most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Titan Machinery has a valuation score of 71, which is 33 points higher than the industrial distribution industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Titan Machinery's stock has dropped -27.12% in the past year. It has underperformed other stocks in the industrial distribution industry by -59 percentage points.

2. Wesco International (NYSE:WCC)

Wesco International (NYSE:WCC) is the second most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Wesco International has a valuation score of 57, which is 19 points higher than the industrial distribution industry average of 38. It passed 4 out of 7 valuation due diligence checks.

Wesco International's stock has gained 9.41% in the past year. It has underperformed other stocks in the industrial distribution industry by -23 percentage points.

3. Pool (NASDAQ:POOL)

Pool (NASDAQ:POOL) is the third most undervalued industrial distribution stock based on WallStreetZen's Valuation Score. Pool has a valuation score of 57, which is 19 points higher than the industrial distribution industry average of 38. It passed 4 out of 7 valuation due diligence checks.

Pool's stock has gained 7.92% in the past year. It has underperformed other stocks in the industrial distribution industry by -24 percentage points.

Are industrial distribution stocks a good buy now?

46.67% of industrial distribution stocks rated by analysts are a strong buy right now. On average, analysts expect industrial distribution stocks to rise by 10.48% 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 512.73x.

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.