Sectors & IndustriesIndustrials
Best Industrial Stocks to Buy Now (2024)
Top industrial stocks in 2024 ranked by overall Zen Score. See the best industrial stocks to buy now, according to analyst forecasts for the industrials sector.

Sector: Industrials

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
BZ	KANZHUN LTD	NASDAQ	Staffing & Employment Services	$7.93B	$18.11	0.28%	N/A	51.74x	0.34
DAC	DANAOS CORP	NYSE	Marine Shipping	$1.40B	$72.07	-0.35%	$726.05M	2.49x	0.21
RGP	RESOURCES CONNECTION INC	NASDAQ	Consulting Services	$372.22M	$11.01	-1.78%	$43.19M	16.19x	0.26
ESEA	EUROSEAS LTD	NASDAQ	Marine Shipping	$232.17M	$33.10	-2.36%	$143.82M	2.00x	0.59
ZTO	ZTO EXPRESS (CAYMAN) INC	NYSE	Integrated Freight & Logistics	$15.57B	$19.31	-0.26%	$1.92B	12.84x	0.47
SBLK	STAR BULK CARRIERS CORP	NASDAQ	Marine Shipping	$1.94B	$23.10	0.35%	$393.28M	13.13x	0.82
GASS	STEALTHGAS INC	NASDAQ	Marine Shipping	$222.10M	$5.84	-0.85%	$85.70M	4.23x	0.27
ESOA	ENERGY SERVICES OF AMERICA CORP	NASDAQ	Engineering & Construction	$126.74M	$7.63	-2.80%	$24.02M	13.63x	2.83
ARCB	ARCBEST CORP	NASDAQ	Trucking	$3.29B	$140.00	-6.20%	$395.01M	17.20x	1.00
EMR	EMERSON ELECTRIC CO	NYSE	Specialty Industrial Machinery	$62.78B	$109.81	-1.51%	$12.78B	5.68x	0.97
HAYN	HAYNES INTERNATIONAL INC	NASDAQ	Metal Fabrication	$772.48M	$60.43	-0.17%	$77.96M	18.31x	0.59
CAT	CATERPILLAR INC	NYSE	Farm & Heavy Construction Machinery	$182.79B	$358.32	-0.43%	$15.77B	17.70x	3.49
HI	HILLENBRAND INC	NYSE	Specialty Industrial Machinery	$3.28B	$46.74	-0.55%	$869.50M	6.02x	2.29
RHI	ROBERT HALF INC	NYSE	Staffing & Employment Services	$7.29B	$69.31	-1.97%	$675.55M	17.77x	0.90
ABNB	AIRBNB INC	NASDAQ	Travel Services	$102.48B	$158.37	1.09%	$2.23B	21.06x	1.53
AGCO	AGCO CORP	NYSE	Farm & Heavy Construction Machinery	$8.67B	$116.24	-0.71%	$1.69B	7.42x	1.45
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.53B	$287.23	-0.85%	$516.69M	13.01x	0.13
VTSI	VIRTRA INC	NASDAQ	Aerospace & Defense	$125.10M	$11.26	-4.41%	$11.65M	14.62x	0.63
SNCY	SUN COUNTRY AIRLINES HOLDINGS INC	NASDAQ	Airlines	$775.92M	$14.56	2.90%	$224.94M	11.20x	2.16
WNC	WABASH NATIONAL CORP	NYSE	Farm & Heavy Construction Machinery	$1.17B	$25.90	-2.92%	$359.26M	5.26x	1.48
HY	HYSTER-YALE MATERIALS HANDLING INC	NYSE	Farm & Heavy Construction Machinery	$1.04B	$59.32	-2.31%	$261.20M	8.07x	4.29
PXS	PYXIS TANKERS INC	NASDAQ	Marine Shipping	$48.50M	$4.60	-0.22%	$48.38M	1.36x	0.68
CTOS	CUSTOM TRUCK ONE SOURCE INC	NYSE	Rental & Leasing Services	$1.26B	$5.23	-1.88%	$408.38M	24.90x	2.67
KMT	KENNAMETAL INC	NYSE	Tools & Accessories	$1.89B	$23.83	0.25%	$308.99M	15.58x	0.94
PPSI	PIONEER POWER SOLUTIONS INC	NASDAQ	Electrical Equipment & Parts	$36.54M	$3.68	-2.90%	$3.27M	20.44x	0.93
RCMT	RCM TECHNOLOGIES INC	NASDAQ	Conglomerates	$148.55M	$18.71	-2.35%	$24.81M	9.22x	3.67
UAL	UNITED AIRLINES HOLDINGS INC	NASDAQ	Airlines	$16.03B	$48.74	17.45%	$8.07B	5.95x	6.83
JBT	JOHN BEAN TECHNOLOGIES CORP	NYSE	Specialty Industrial Machinery	$2.87B	$90.18	-0.43%	$721.70M	4.95x	0.82
TAYD	TAYLOR DEVICES INC	NASDAQ	Specialty Industrial Machinery	$147.61M	$47.71	-0.58%	$11.53M	19.16x	0.15
ASTE	ASTEC INDUSTRIES INC	NASDAQ	Farm & Heavy Construction Machinery	$949.08M	$41.73	-1.11%	$77.10M	28.39x	0.62
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$1.48B	$123.44	-1.56%	$105.33M	18.99x	1.21
MLI	MUELLER INDUSTRIES INC	NYSE	Metal Fabrication	$5.91B	$51.97	-0.23%	$864.83M	9.61x	0.17
DCI	DONALDSON CO INC	NYSE	Specialty Industrial Machinery	$8.66B	$71.96	-0.68%	$608.20M	23.14x	1.02
TEX	TEREX CORP	NYSE	Farm & Heavy Construction Machinery	$4.07B	$60.71	-2.19%	$700.70M	7.92x	1.16
BBSI	BARRETT BUSINESS SERVICES INC	NASDAQ	Staffing & Employment Services	$792.37M	$120.58	-0.48%	$83.30M	16.03x	2.62
CPA	COPA HOLDINGS SA	NYSE	Airlines	$3.86B	$97.85	2.17%	$743.57M	11.40x	2.14
AOS	SMITH A O CORP	NYSE	Specialty Industrial Machinery	$12.73B	$86.46	1.24%	$823.80M	23.30x	0.74
FDX	FEDEX CORP	NYSE	Integrated Freight & Logistics	$64.74B	$263.07	-0.71%	$10.78B	15.03x	2.27
ALLE	ALLEGION PLC	NYSE	Security & Protection Services	$11.01B	$125.78	-0.47%	$821.70M	20.45x	2.27
MIDD	MIDDLEBY CORP	NASDAQ	Specialty Industrial Machinery	$7.57B	$141.27	-1.15%	$772.33M	18.89x	1.13
LMB	LIMBACH HOLDINGS INC	NASDAQ	Engineering & Construction	$437.70M	$39.32	0.05%	$42.21M	20.37x	1.52
TNC	TENNANT CO	NYSE	Specialty Industrial Machinery	$2.15B	$115.66	-0.46%	$188.40M	19.54x	0.93
TORO	TORO CORP	NASDAQ	Marine Shipping	$85.02M	$4.48	2.17%	$148.79M	0.52x	0.74
LHX	L3HARRIS TECHNOLOGIES INC	NYSE	Aerospace & Defense	$38.29B	$201.40	0.53%	$2.96B	31.13x	1.22
SAIA	SAIA INC	NASDAQ	Trucking	$14.39B	$541.29	-2.69%	$647.61M	40.64x	0.33
SXI	STANDEX INTERNATIONAL CORP	NYSE	Specialty Industrial Machinery	$1.98B	$166.99	-1.24%	$195.90M	14.22x	0.62
IESC	IES HOLDINGS INC	NASDAQ	Engineering & Construction	$2.36B	$116.71	-3.28%	$199.84M	21.94x	1.15
TH	TARGET HOSPITALITY CORP	NASDAQ	Specialty Business Services	$1.07B	$10.64	1.00%	$349.16M	6.22x	0.84
WAB	WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP	NYSE	Railroads	$25.59B	$144.55	-0.63%	$1.78B	31.84x	0.81
STRL	STERLING INFRASTRUCTURE INC	NASDAQ	Engineering & Construction	$3.10B	$100.11	0.42%	$273.15M	22.20x	1.86
DY	DYCOM INDUSTRIES INC	NYSE	Engineering & Construction	$3.92B	$134.75	-0.47%	$542.88M	18.06x	1.39
GD	GENERAL DYNAMICS CORP	NYSE	Aerospace & Defense	$77.94B	$284.46	-0.29%	$4.94B	23.43x	1.57
ODFL	OLD DOMINION FREIGHT LINE INC	NASDAQ	Trucking	$45.89B	$210.81	-4.39%	$1.99B	37.21x	0.30
EBF	ENNIS INC	NYSE	Business Equipment & Supplies	$493.43M	$19.07	0.05%	$79.04M	11.09x	0.15
KFY	KORN FERRY	NYSE	Staffing & Employment Services	$3.13B	$60.00	-0.78%	$298.46M	20.69x	1.09
MAMO	MASSIMO GROUP	NASDAQ	Electrical Equipment & Parts	$180.07M	$4.36	15.65%	$16.36M	16.77x	1.90
EPAC	ENERPAC TOOL GROUP CORP	NYSE	Specialty Industrial Machinery	$1.89B	$34.75	-0.49%	$121.64M	27.36x	1.28
FIX	COMFORT SYSTEMS USA INC	NYSE	Engineering & Construction	$10.69B	$299.64	-1.32%	$480.04M	33.18x	1.59
UPS	UNITED PARCEL SERVICE INC	NYSE	Integrated Freight & Logistics	$121.29B	$142.25	-0.45%	$12.72B	18.21x	3.09
ITT	ITT INC	NYSE	Specialty Industrial Machinery	$10.27B	$125.12	-1.92%	$634.90M	25.07x	0.55
PCAR	PACCAR INC	NASDAQ	Farm & Heavy Construction Machinery	$60.73B	$115.93	-1.37%	$7.14B	13.20x	1.57
LECO	LINCOLN ELECTRIC HOLDINGS INC	NASDAQ	Tools & Accessories	$13.44B	$236.61	-1.21%	$817.91M	24.91x	1.58
FELE	FRANKLIN ELECTRIC CO INC	NASDAQ	Specialty Industrial Machinery	$4.61B	$100.19	-0.76%	$323.66M	24.03x	0.43
ADP	AUTOMATIC DATA PROCESSING INC	NASDAQ	Staffing & Employment Services	$99.78B	$242.90	-0.54%	$5.51B	28.11x	12.21
OSK	OSHKOSH CORP	NYSE	Farm & Heavy Construction Machinery	$7.78B	$118.61	-1.21%	$1.02B	12.96x	1.46
HII	HUNTINGTON INGALLS INDUSTRIES INC	NYSE	Aerospace & Defense	$10.74B	$271.22	-1.01%	$1.30B	15.89x	1.74
SB	SAFE BULKERS INC	NYSE	Marine Shipping	$525.67M	$4.71	-0.42%	$156.19M	7.72x	0.69
TKR	TIMKEN CO	NYSE	Tools & Accessories	$5.88B	$83.83	-1.11%	$828.60M	15.19x	1.49
LICN	LICHEN CHINA LTD	NASDAQ	Specialty Business Services	$23.32M	$0.88	3.90%	$14.58M	2.75x	0.07
UNF	UNIFIRST CORP	NYSE	Specialty Business Services	$2.91B	$156.16	-0.72%	$285.97M	24.48x	0.28
ICFI	ICF INTERNATIONAL INC	NASDAQ	Consulting Services	$2.62B	$140.07	-0.49%	$196.97M	31.91x	1.19
WOR	WORTHINGTON ENTERPRISES INC	NYSE	Metal Fabrication	$2.91B	$58.11	0.71%	$473.66M	10.41x	0.87
CHRW	C H ROBINSON WORLDWIDE INC	NASDAQ	Integrated Freight & Logistics	$8.04B	$68.81	1.36%	$613.59M	25.11x	2.68
AIT	APPLIED INDUSTRIAL TECHNOLOGIES INC	NYSE	Industrial Distribution	$7.13B	$184.40	-1.85%	$547.64M	19.07x	0.73
POOL	POOL CORP	NASDAQ	Industrial Distribution	$13.97B	$364.15	-1.58%	$728.45M	27.07x	1.61
HON	HONEYWELL INTERNATIONAL INC	NASDAQ	Conglomerates	$124.15B	$190.36	-0.19%	$9.09B	22.32x	2.84
LUV	SOUTHWEST AIRLINES CO	NYSE	Airlines	$17.17B	$28.78	2.60%	$2.41B	36.90x	2.47
SNA	SNAP-ON INC	NYSE	Tools & Accessories	$14.94B	$283.50	0.37%	$1.45B	14.84x	0.48
THR	THERMON GROUP HOLDINGS INC	NYSE	Specialty Industrial Machinery	$1.00B	$29.78	-1.68%	$91.41M	20.26x	0.72
WERN	WERNER ENTERPRISES INC	NASDAQ	Trucking	$2.25B	$35.39	-2.08%	$480.92M	19.99x	1.04
SFWL	SHENGFENG DEVELOPMENT LTD	NASDAQ	Integrated Freight & Logistics	$153.45M	$1.86	-2.62%	$30.76M	14.31x	1.42
ALGT	ALLEGIANT TRAVEL CO	NASDAQ	Airlines	$1.12B	$61.26	1.22%	$535.37M	9.69x	2.67
GVH	GLOBAVEND HOLDINGS LTD	NASDAQ	Integrated Freight & Logistics	$17.55M	$1.17	-0.85%	$1.32M	14.63x	7.91
GPN	GLOBAL PAYMENTS INC	NYSE	Specialty Business Services	$31.72B	$122.95	-0.39%	$3.70B	32.53x	1.17
REVG	REV GROUP INC	NYSE	Farm & Heavy Construction Machinery	$1.10B	$21.24	-1.67%	$375.00M	5.21x	1.87
GWW	WW GRAINGER INC	NYSE	Industrial Distribution	$46.71B	$949.92	-0.71%	$2.81B	26.10x	1.51
PAYX	PAYCHEX INC	NASDAQ	Staffing & Employment Services	$42.89B	$119.14	-1.65%	$2.36B	25.84x	2.48
BLD	TOPBUILD CORP	NYSE	Engineering & Construction	$12.35B	$388.74	-2.82%	$1.03B	20.00x	1.01
FAST	FASTENAL CO	NASDAQ	Industrial Distribution	$39.21B	$68.48	-0.45%	$1.71B	33.90x	0.32
GGG	GRACO INC	NYSE	Specialty Industrial Machinery	$14.87B	$88.43	-0.72%	$688.31M	29.38x	0.22
CIX	COMPX INTERNATIONAL INC	NYSEMKT	Security & Protection Services	$385.05M	$31.27	1.43%	$33.58M	16.99x	0.11
REZI	RESIDEO TECHNOLOGIES INC	NYSE	Security & Protection Services	$2.82B	$19.39	-1.87%	$476.00M	13.56x	1.42
PAC	PACIFIC AIRPORT GROUP	NYSE	Airports & Air Services	$7.80B	$154.29	-2.31%	$936.85M	15.67x	2.18
ESP	ESPEY MFG & ELECTRONICS CORP	NYSEMKT	Electrical Equipment & Parts	$61.00M	$22.50	-0.04%	$6.38M	11.90x	0.32
FA	FIRST ADVANTAGE CORP	NASDAQ	Specialty Business Services	$2.14B	$14.77	-0.87%	$210.99M	56.81x	0.80
NOC	NORTHROP GRUMMAN CORP	NYSE	Aerospace & Defense	$67.82B	$452.05	0.38%	$4.23B	33.31x	2.15
JBHT	HUNT J B TRANSPORT SERVICES INC	NASDAQ	Integrated Freight & Logistics	$17.37B	$168.13	-8.12%	$1.84B	23.88x	1.08
HSII	HEIDRICK & STRUGGLES INTERNATIONAL INC	NASDAQ	Staffing & Employment Services	$592.01M	$29.42	-1.31%	$95.56M	10.82x	1.47
CPRT	COPART INC	NASDAQ	Specialty Business Services	$51.94B	$54.02	-0.66%	$1.82B	38.04x	0.12
GIC	GLOBAL INDUSTRIAL CO	NYSE	Industrial Distribution	$1.53B	$39.99	-2.25%	$102.70M	21.62x	1.01

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	-0.24%	-1.23%	+0.15%	+2.18%	24.27x	5.28x	+12.41%	+4.27%	+10.92%	+9.56%	Buy
Airlines	18	+2.83%	-1.24%	-0.74%	+7.28%	14.79x	2.81x	+21.59%	+4.72%	+11.87%	+25.35%	Buy
Airports & Air Services	12	-1.68%	-6.14%	+0.38%	-12.97%	10.37x	4.45x	-8.06%	+4.10%	+9.62%	+1.79%	Strong Buy
Business Equipment & Supplies	5	-0.51%	-2.66%	-5.62%	+27.71%	19.90x	1.41x	+7.98%	+4.26%	+7.96%	+50.10%	Buy
Conglomerates	20	-1.02%	-2.95%	-4.57%	-19.39%	14.33x	4.80x	+0.51%	+2.40%	+5.31%	+25.83%	Strong Buy
Consulting Services	14	-0.55%	-2.77%	-4.80%	+14.23%	33.78x	7.48x	+80.68%	+7.22%	+15.24%	+19.23%	Buy
Electrical Equipment & Parts	56	-1.16%	-2.12%	-1.44%	+11.54%	30.23x	4.01x	+20.07%	+6.87%	+13.24%	+25.56%	Buy
Engineering & Construction	41	-1.80%	-3.68%	-0.96%	+48.93%	35.34x	4.09x	+12.24%	+5.11%	+12.78%	+11.85%	Strong Buy
Farm & Heavy Construction Machinery	27	-0.84%	-4.16%	+1.00%	+15.07%	14.31x	4.90x	+43.90%	+10.69%	+15.56%	+7.57%	Buy
Industrial Distribution	18	-1.53%	-5.30%	-4.03%	+32.06%	512.73x	6.77x	+35.44%	+15.83%	+27.99%	+10.48%	Buy
Infrastructure Operations	2	-1.52%	-4.16%	-0.95%	+1.57%	64.17x	7.61x	+12.99%	+2.83%	+10.75%	-15.68%	Hold
Integrated Freight & Logistics	20	-2.64%	-5.47%	-3.90%	-14.46%	18.02x	3.90x	+25.96%	+8.44%	+15.97%	+15.63%	Buy
Marine Shipping	38	-0.77%	-2.46%	+0.23%	+25.68%	15.88x	0.94x	+7.75%	+4.50%	+7.36%	+26.03%	Strong Buy
Metal Fabrication	19	-0.64%	-2.16%	+2.67%	+25.92%	18.35x	2.88x	+17.91%	+8.96%	+14.69%	+11.81%	Buy
Pollution & Treatment Controls	16	-0.69%	-0.33%	+4.67%	+21.13%	29.11x	7.37x	+32.30%	+12.07%	+20.25%	+18.78%	Buy
Railroads	11	-0.92%	-3.72%	-3.83%	+17.75%	23.45x	4.58x	+28.06%	+7.95%	+10.59%	+10.35%	Buy
Rental & Leasing Services	23	-2.17%	-5.65%	-3.92%	+24.23%	14.93x	2.22x	+11.25%	+6.27%	+7.98%	+8.64%	Buy
Security & Protection Services	24	-0.69%	-3.42%	-0.32%	+18.63%	37.95x	2.93x	+19.85%	+6.23%	+13.21%	+14.77%	Buy
Shell Companies	210	-0.25%	-0.27%	+0.32%	+4.56%	34.39x	-14.08x	-23.54%	+0.87%	+2.32%	0.00%	Strong Buy
Specialty Business Services	39	-0.30%	-1.64%	+0.02%	+18.30%	34.68x	4.75x	+26.93%	+11.77%	+19.86%	+11.10%	Buy
Specialty Industrial Machinery	74	-0.92%	-3.03%	-1.80%	+26.73%	26.55x	4.86x	+26.22%	+9.76%	+17.61%	+11.47%	Buy
Staffing & Employment Services	25	-0.35%	-2.26%	-2.22%	-3.01%	26.91x	9.45x	+67.79%	+8.50%	+45.18%	+8.76%	Buy
Tools & Accessories	12	-0.93%	-3.62%	-2.97%	+6.98%	4.48x	2.72x	+17.62%	+8.10%	+14.23%	+8.02%	Buy
Travel Services	18	-0.53%	-3.85%	-0.55%	+30.51%	31.15x	9.26x	-167.76%	+13.84%	+29.38%	+13.78%	Buy
Trucking	16	-3.85%	-5.86%	-1.86%	+45.56%	50.84x	4.15x	+21.26%	+14.08%	+20.63%	+11.86%	Buy
Waste Management	19	-0.77%	-3.00%	-1.65%	+19.48%	16.17x	5.80x	+19.55%	+5.20%	+9.53%	+9.60%	Buy

Industrial Stocks FAQ

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

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

1. Danaos (NYSE:DAC)

Danaos (NYSE:DAC) is the top industrial stock with a Zen Score of 73, which is 47 points higher than the industrial sector average of 26. It passed 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 19.26% over the past year, overperforming other industrial stocks by 6 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 24.88% from Danaos's current stock price of $72.07.

Danaos stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Danaos, 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.

2. Kanzhun (NASDAQ:BZ)

Kanzhun (NASDAQ:BZ) is the second best industrial stock with a Zen Score of 73, which is 47 points higher than the industrial sector average of 26. It passed 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 5.6% over the past year, underperforming other industrial stocks by -8 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 32.52% from Kanzhun's current stock price of $18.11.

Kanzhun stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Kanzhun, 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.

3. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the third best industrial stock with a Zen Score of 68, which is 42 points higher than the industrial sector average of 26. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -30.62% over the past year, underperforming other industrial stocks by -44 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 18.07% from Resources Connection's current stock price of $11.01.

Resources Connection stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Resources Connection, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the industrial stocks with highest dividends?

Out of 254 industrial stocks that have issued dividends in the past year, the 3 industrial stocks with the highest dividend yields are:

1. Zim Integrated Shipping Services (NYSE:ZIM)

Zim Integrated Shipping Services (NYSE:ZIM) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.25%.

Zim Integrated Shipping Services's dividend payout ratio of -28.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Spirit Airlines (NYSE:SAVE)

Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 26.76%, which is 25 percentage points higher than the industrial sector average of 2.25%.

Spirit Airlines's dividend payout ratio of -29.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. Diana Shipping (NYSE:DSX)

Diana Shipping (NYSE:DSX) has an annual dividend yield of 18.1%, which is 16 percentage points higher than the industrial sector average of 2.25%. Diana Shipping's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Diana Shipping's dividend has not shown consistent growth over the last 10 years.

Diana Shipping's dividend payout ratio of 119.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial stocks down?

Industrial stocks were down -0.96% in the last day, and down -3.13% over the last week. Solarmax Technology was the among the top losers in the industrials sector, dropping -20.84% yesterday.

SolarMax Technology shares are trading lower on continued weakness after the company recently reported fiscal year 2023 results.

What are the most undervalued industrial stocks?

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

1. Stealthgas (NASDAQ:GASS)

Stealthgas (NASDAQ:GASS) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Stealthgas has a valuation score of 100, which is 75 points higher than the industrial sector average of 25. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 104.91% in the past year. It has overperformed other stocks in the industrial sector by 91 percentage points.

2. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Resources Connection has a valuation score of 100, which is 75 points higher than the industrial sector average of 25. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -30.62% in the past year. It has underperformed other stocks in the industrial sector by -44 percentage points.

3. United Airlines Holdings (NASDAQ:UAL)

United Airlines Holdings (NASDAQ:UAL) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. United Airlines Holdings has a valuation score of 100, which is 75 points higher than the industrial sector average of 25. It passed 7 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has gained 15.01% in the past year. It has overperformed other stocks in the industrial sector by 2 percentage points.

Are industrial stocks a good buy now?

46.52% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 12.41% over the next year.

What is the average p/e ratio of the industrials sector?

The average P/E ratio of the industrials sector is 43.69x.

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.