Sectors & Industries IndustrialsSpecialty Industrial Machinery
Best Specialty Industrial Machinery Stocks to Buy Now (2024)
Top specialty industrial machinery stocks in 2024 ranked by overall Zen Score. See the best specialty industrial machinery stocks to buy now, according to analyst forecasts for the specialty industrial machinery industry.

Industry: Specialty Industrial Mach...

Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Zen Score	Valuation Score	Financials Score	Forecast Score	Performance Score	Dividends Score
MIDD	MIDDLEBY CORP	60	86	57	56	40	–
EMR	EMERSON ELECTRIC CO	60	71	57	11	80	80
EPAC	ENERPAC TOOL GROUP CORP	59	57	86	33	80	40
JBT	JOHN BEAN TECHNOLOGIES CORP	56	43	86	11	80	60
TAYD	TAYLOR DEVICES INC	56	57	86	0	80	–
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Specialty Industrial Machinery Stocks FAQ

What are the best specialty industrial machinery stocks to buy right now in May 2024?

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

1. Emerson Electric Co (NYSE:EMR)

Emerson Electric Co (NYSE:EMR) is the top specialty industrial machinery stock with a Zen Score of 60, which is 24 points higher than the specialty industrial machinery industry average of 36. It passed 22 out of 38 due diligence checks and has strong fundamentals. Emerson Electric Co has seen its stock return 29.31% over the past year, overperforming other specialty industrial machinery stocks by 3 percentage points.

Emerson Electric Co has an average 1 year price target of $121.80, an upside of 13.01% from Emerson Electric Co's current stock price of $107.78.

Emerson Electric Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Emerson Electric Co, 70% have issued a Strong Buy rating, 10% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Middleby (NASDAQ:MIDD)

Middleby (NASDAQ:MIDD) is the second best specialty industrial machinery stock with a Zen Score of 60, which is 24 points higher than the specialty industrial machinery industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Middleby has seen its stock lose -2.78% over the past year, underperforming other specialty industrial machinery stocks by -29 percentage points.

Middleby has an average 1 year price target of $165.50, an upside of 19.09% from Middleby's current stock price of $138.97.

Middleby stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Middleby, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Enerpac Tool Group (NYSE:EPAC)

Enerpac Tool Group (NYSE:EPAC) is the third best specialty industrial machinery stock with a Zen Score of 59, which is 23 points higher than the specialty industrial machinery industry average of 36. It passed 23 out of 38 due diligence checks and has strong fundamentals. Enerpac Tool Group has seen its stock return 49.2% over the past year, overperforming other specialty industrial machinery stocks by 23 percentage points.

What are the specialty industrial machinery stocks with highest dividends?

Out of 40 specialty industrial machinery stocks that have issued dividends in the past year, the 3 specialty industrial machinery stocks with the highest dividend yields are:

1. Luxfer Holdings (NYSE:LXFR)

Luxfer Holdings (NYSE:LXFR) has an annual dividend yield of 5.4%, which is 4 percentage points higher than the specialty industrial machinery industry average of 1.31%. Luxfer Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Luxfer Holdings's dividend has shown consistent growth over the last 10 years.

Luxfer Holdings's dividend payout ratio of 5,200% indicates that its high dividend yield might not be sustainable for the long-term.

2. Hurco Companies (NASDAQ:HURC)

Hurco Companies (NASDAQ:HURC) has an annual dividend yield of 3.54%, which is 2 percentage points higher than the specialty industrial machinery industry average of 1.31%. Hurco Companies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hurco Companies's dividend has shown consistent growth over the last 10 years.

Hurco Companies's dividend payout ratio of 290.9% indicates that its dividend yield might not be sustainable for the long-term.

3. China Yuchai International (NYSE:CYD)

China Yuchai International (NYSE:CYD) has an annual dividend yield of 3.34%, which is 2 percentage points higher than the specialty industrial machinery industry average of 1.31%. China Yuchai International's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. China Yuchai International's dividend has not shown consistent growth over the last 10 years.

China Yuchai International's dividend payout ratio of 29% indicates that its dividend yield is sustainable for the long-term.

Why are specialty industrial machinery stocks down?

Specialty industrial machinery stocks were down -2.11% in the last day, and down -1.83% over the last week. Franklin Electric Co was the among the top losers in the specialty industrial machinery industry, dropping -6.75% yesterday.

Franklin Electric shares are trading lower after the company reported worse-than-expected Q1 financial results.

What are the most undervalued specialty industrial machinery stocks?

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

1. Middleby (NASDAQ:MIDD)

Middleby (NASDAQ:MIDD) is the most undervalued specialty industrial machinery stock based on WallStreetZen's Valuation Score. Middleby has a valuation score of 86, which is 58 points higher than the specialty industrial machinery industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Middleby's stock has dropped -2.78% in the past year. It has underperformed other stocks in the specialty industrial machinery industry by -29 percentage points.

2. Crane Nxt Co (NYSE:CXT)

Crane Nxt Co (NYSE:CXT) is the second most undervalued specialty industrial machinery stock based on WallStreetZen's Valuation Score. Crane Nxt Co has a valuation score of 71, which is 43 points higher than the specialty industrial machinery industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Crane Nxt Co's stock has gained 27.4% in the past year. It has overperformed other stocks in the specialty industrial machinery industry by 1 percentage points.

3. Broadwind (NASDAQ:BWEN)

Broadwind (NASDAQ:BWEN) is the third most undervalued specialty industrial machinery stock based on WallStreetZen's Valuation Score. Broadwind has a valuation score of 71, which is 43 points higher than the specialty industrial machinery industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Broadwind's stock has dropped -57.26% in the past year. It has underperformed other stocks in the specialty industrial machinery industry by -83 percentage points.

Are specialty industrial machinery stocks a good buy now?

50% of specialty industrial machinery stocks rated by analysts are a strong buy right now. On average, analysts expect specialty industrial machinery stocks to rise by 11.88% over the next year.

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

The average P/E ratio of the specialty industrial machinery industry is 31.86x.

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.

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