Sectors & IndustriesIndustrials
Best Industrial Stocks to Buy Now (2023)
Top industrial stocks in 2023 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
MLI	MUELLER INDUSTRIES INC	NYSE	Metal Fabrication	$3.93B	$69.19	-1.42%	$909.04M	6.00x	0.28
IIIN	INSTEEL INDUSTRIES INC	NYSE	Metal Fabrication	$586.65M	$30.16	-2.52%	$160.34M	5.21x	0.18
GRIN	GRINDROD SHIPPING HOLDINGS LTD	NASDAQ	Marine Shipping	$309.83M	$16.31	1.81%	$243.40M	1.92x	0.67
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$3.12B	$170.35	-0.84%	$933.85M	4.73x	0.12
IVAC	INTEVAC INC	NASDAQ	Aerospace & Defense	$176.81M	$6.95	1.91%	$32.98M	5.70x	0.36
ESEA	EUROSEAS LTD	NASDAQ	Marine Shipping	$144.36M	$19.79	-0.95%	$128.61M	1.31x	1.10
DAC	DANAOS CORP	NYSE	Marine Shipping	$1.25B	$60.51	0.85%	$798.63M	2.17x	0.53
HSII	HEIDRICK & STRUGGLES INTERNATIONAL INC	NASDAQ	Staffing & Employment Services	$641.30M	$32.29	-1.28%	$119.30M	8.39x	1.79
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$599.53M	$3.41	-6.32%	$38.09M	0.10x	0.08
POWW	AMMO INC	NASDAQ	Aerospace & Defense	$271.31M	$2.31	-4.55%	$36.63M	33.00x	0.12
NISN	NISUN INTERNATIONAL ENTERPRISE DEVELOPMENT GROUP CO LTD	NASDAQ	Specialty Industrial Machinery	$25.56M	$0.64	4.25%	$46.72M	0.51x	0.32
KFRC	KFORCE INC	NASDAQ	Staffing & Employment Services	$1.19B	$57.50	-1.42%	$126.64M	13.10x	0.98
RGP	RESOURCES CONNECTION INC	NASDAQ	Consulting Services	$608.44M	$18.09	-0.06%	$103.19M	7.93x	0.37
HUBG	HUB GROUP INC	NASDAQ	Integrated Freight & Logistics	$3.23B	$97.14	-0.32%	$633.80M	8.99x	0.81
TEX	TEREX CORP	NYSE	Farm & Heavy Construction Machinery	$3.52B	$52.14	-1.25%	$423.60M	13.47x	1.88
RCMT	RCM TECHNOLOGIES INC	NASDAQ	Engineering & Construction	$132.08M	$13.42	-3.45%	$30.60M	6.30x	1.09
BKNG	BOOKING HOLDINGS INC	NASDAQ	Travel Services	$95.81B	$2,469.95	0.61%	$4.19B	40.35x	5.01
ODFL	OLD DOMINION FREIGHT LINE INC	NASDAQ	Trucking	$40.83B	$369.57	-0.39%	$2.07B	31.45x	0.35
CMRE	COSTAMARE INC	NYSE	Marine Shipping	$1.28B	$10.26	-0.58%	$798.55M	2.58x	1.42
TAYD	TAYLOR DEVICES INC	NASDAQ	Specialty Industrial Machinery	$57.09M	$16.30	-1.21%	$6.06M	14.30x	0.12
DLHC	DLH HOLDINGS CORP	NASDAQ	Specialty Business Services	$173.53M	$13.30	4.07%	$40.94M	7.31x	0.84
STRL	STERLING INFRASTRUCTURE INC	NASDAQ	Engineering & Construction	$1.12B	$36.85	-0.03%	$185.00M	12.88x	2.43
CCRN	CROSS COUNTRY HEALTHCARE INC	NASDAQ	Staffing & Employment Services	$1.14B	$30.47	-1.65%	$311.10M	4.97x	1.09
ATKR	ATKORE INC	NYSE	Specialty Industrial Machinery	$5.71B	$144.58	0.08%	$1.30B	7.06x	1.02
HCCI	HERITAGE-CRYSTAL CLEAN INC	NASDAQ	Waste Management	$911.97M	$37.72	-0.26%	$134.38M	11.79x	0.89
SBLK	STAR BULK CARRIERS CORP	NASDAQ	Marine Shipping	$2.29B	$22.32	0.63%	$1.10B	2.55x	0.73
GSL	GLOBAL SHIP LEASE INC	NYSE	Marine Shipping	$708.13M	$19.42	0.26%	$256.91M	4.18x	1.80
CTRM	CASTOR MARITIME INC	NASDAQ	Marine Shipping	$122.05M	$1.29	-0.77%	$146.00M	1.19x	0.36
NSSC	NAPCO SECURITY TECHNOLOGIES INC	NASDAQ	Security & Protection Services	$1.26B	$34.37	10.37%	$31.29M	49.81x	0.19
CVLG	COVENANT LOGISTICS GROUP INC	NASDAQ	Trucking	$453.41M	$33.60	-2.78%	$209.31M	4.49x	0.99
RGR	STURM RUGER & CO INC	NYSE	Aerospace & Defense	$999.57M	$56.58	-1.29%	$157.00M	9.26x	0.16
EDRY	EURODRY LTD	NASDAQ	Marine Shipping	$46.33M	$16.10	2.03%	$56.65M	1.06x	0.87
DCO	DUCOMMUN INC	NYSE	Aerospace & Defense	$678.58M	$56.07	-0.48%	$213.77M	5.07x	0.95
ARCB	ARCBEST CORP	NASDAQ	Trucking	$2.11B	$86.38	-0.37%	$572.24M	6.55x	1.17
RHI	ROBERT HALF INTERNATIONAL INC	NYSE	Staffing & Employment Services	$9.20B	$84.77	-2.63%	$991.94M	13.61x	0.95
PTSI	PAM TRANSPORTATION SERVICES INC	NASDAQ	Trucking	$621.02M	$27.99	-2.58%	$199.12M	6.22x	1.54
ULH	UNIVERSAL LOGISTICS HOLDINGS INC	NASDAQ	Trucking	$1.04B	$39.42	1.08%	$318.38M	6.93x	1.89
VRRM	VERRA MOBILITY CORP	NASDAQ	Security & Protection Services	$2.30B	$15.37	-2.60%	$318.90M	29.00x	7.82
GGG	GRACO INC	NYSE	Specialty Industrial Machinery	$11.97B	$71.00	-0.43%	$614.98M	26.59x	0.36
CMI	CUMMINS INC	NYSE	Specialty Industrial Machinery	$35.38B	$250.90	-2.03%	$3.38B	18.56x	2.41
TITN	TITAN MACHINERY INC	NASDAQ	Industrial Distribution	$1.01B	$44.37	-3.12%	$174.88M	9.44x	1.20
GWW	WW GRAINGER INC	NYSE	Industrial Distribution	$34.07B	$674.28	-0.23%	$2.25B	24.00x	2.01
TNET	TRINET GROUP INC	NYSE	Staffing & Employment Services	$4.76B	$76.46	-2.29%	$652.00M	13.03x	2.60
DY	DYCOM INDUSTRIES INC	NYSE	Engineering & Construction	$2.59B	$87.60	-3.66%	$357.71M	21.90x	1.69
TRU	TRANSUNION	NYSE	Consulting Services	$13.64B	$70.78	-1.23%	$2.00B	10.94x	1.89
NDSN	NORDSON CORP	NASDAQ	Specialty Industrial Machinery	$13.95B	$243.98	-1.88%	$771.62M	27.41x	0.67
WHLM	WILHELMINA INTERNATIONAL INC	NASDAQ	Specialty Business Services	$23.44M	$4.55	-0.11%	$3.21M	6.49x	0.66
KAI	KADANT INC	NYSE	Specialty Industrial Machinery	$2.43B	$208.24	-2.69%	$199.74M	20.38x	0.82
CHRW	C H ROBINSON WORLDWIDE INC	NASDAQ	Integrated Freight & Logistics	$12.12B	$102.95	-0.65%	$1.48B	12.33x	3.05
RBA	RITCHIE BROS AUCTIONEERS INC	NYSE	Specialty Business Services	$6.86B	$61.90	-0.72%	$560.18M	22.43x	1.28
REZI	RESIDEO TECHNOLOGIES INC	NYSE	Security & Protection Services	$2.84B	$19.50	-1.27%	$591.00M	9.11x	1.61
PRIM	PRIMORIS SERVICES CORP	NASDAQ	Engineering & Construction	$1.38B	$25.93	-1.07%	$267.72M	11.47x	2.23
EXPD	EXPEDITORS INTERNATIONAL OF WASHINGTON INC	NASDAQ	Integrated Freight & Logistics	$18.20B	$114.35	-2.29%	$2.19B	11.90x	0.90
GNK	GENCO SHIPPING & TRADING LTD	NYSE	Marine Shipping	$740.73M	$17.50	-0.46%	$290.47M	3.35x	0.24
AGCO	AGCO CORP	NYSE	Farm & Heavy Construction Machinery	$10.04B	$134.62	2.12%	$1.33B	11.84x	1.79
CR	CRANE HOLDINGS CO	NYSE	Specialty Industrial Machinery	$6.72B	$119.71	0.34%	$708.20M	18.06x	1.42
ASR	SOUTHEAST AIRPORT GROUP	NYSE	Airports & Air Services	$8.07B	$268.91	-1.39%	$527.40M	26.96x	0.54
R	RYDER SYSTEM INC	NYSE	Rental & Leasing Services	$4.90B	$97.46	-0.57%	$3.26B	5.89x	3.82
LSTR	LANDSTAR SYSTEM INC	NASDAQ	Integrated Freight & Logistics	$6.57B	$183.01	1.26%	$651.19M	15.09x	1.28
UPS	UNITED PARCEL SERVICE INC	NYSE	Integrated Freight & Logistics	$163.26B	$188.76	-1.51%	$18.07B	14.72x	3.10
CVR	CHICAGO RIVET & MACHINE CO	NYSEMKT	Tools & Accessories	$28.04M	$29.02	-1.59%	$6.78M	6.58x	0.14
PANL	PANGAEA LOGISTICS SOLUTIONS LTD	NASDAQ	Marine Shipping	$276.00M	$6.01	-0.17%	$122.08M	3.38x	1.26
GLBS	GLOBUS MARITIME LTD	NASDAQ	Marine Shipping	$24.08M	$1.17	0.86%	$49.03M	0.59x	0.30
ARC	ARC DOCUMENT SOLUTIONS INC	NYSE	Specialty Business Services	$156.18M	$3.63	6.45%	$40.19M	12.52x	1.01
BGSF	BGSF INC	NYSE	Staffing & Employment Services	$158.79M	$15.12	1.02%	$42.18M	5.46x	0.54
TTEK	TETRA TECH INC	NASDAQ	Engineering & Construction	$8.04B	$151.01	-2.74%	$462.46M	25.81x	1.06
EBF	ENNIS INC	NYSE	Business Equipment & Supplies	$547.99M	$21.21	-0.84%	$76.74M	13.17x	0.20
CIX	COMPX INTERNATIONAL INC	NYSEMKT	Security & Protection Services	$234.08M	$19.02	-0.37%	$29.09M	12.19x	0.13
MMM	3M CO	NYSE	Specialty Industrial Machinery	$64.39B	$116.50	-0.84%	$9.23B	10.10x	2.27
FWRD	FORWARD AIR CORP	NASDAQ	Integrated Freight & Logistics	$2.99B	$112.31	-0.58%	$305.29M	15.93x	0.74
SNA	SNAP-ON INC	NYSE	Tools & Accessories	$13.68B	$257.42	-0.86%	$1.31B	15.33x	0.58
EPAC	ENERPAC TOOL GROUP CORP	NYSE	Specialty Industrial Machinery	$1.57B	$27.48	-0.43%	$50.21M	78.51x	1.32
LHX	L3HARRIS TECHNOLOGIES INC	NYSE	Aerospace & Defense	$40.43B	$212.33	0.65%	$2.54B	36.48x	0.82
NOC	NORTHROP GRUMMAN CORP	NYSE	Aerospace & Defense	$68.71B	$448.96	1.89%	$7.68B	14.20x	1.86
OMAB	CENTRAL NORTH AIRPORT GROUP	NASDAQ	Airports & Air Services	$3.57B	$73.88	0.19%	$236.93M	25.63x	1.05
BBSI	BARRETT BUSINESS SERVICES INC	NASDAQ	Staffing & Employment Services	$678.85M	$97.51	-1.81%	$77.08M	15.09x	3.07
ZEV	LIGHTNING EMOTORS INC	NYSE	Farm & Heavy Construction Machinery	$70.05M	$0.92	-3.56%	$63.17M	1.07x	2.23
LUV	SOUTHWEST AIRLINES CO	NYSE	Airlines	$21.39B	$36.02	-0.91%	$2.79B	25.73x	2.29
CPRT	COPART INC	NASDAQ	Specialty Business Services	$32.41B	$68.05	-0.86%	$1.48B	30.04x	0.15
SB	SAFE BULKERS INC	NYSE	Marine Shipping	$391.68M	$3.22	-3.01%	$241.43M	2.24x	0.61
PAYX	PAYCHEX INC	NASDAQ	Staffing & Employment Services	$42.05B	$116.66	-1.62%	$2.10B	28.73x	1.88
RLGT	RADIANT LOGISTICS INC	NYSEMKT	Integrated Freight & Logistics	$284.37M	$5.75	-0.52%	$71.87M	7.28x	2.01
HAYN	HAYNES INTERNATIONAL INC	NASDAQ	Metal Fabrication	$672.13M	$53.27	-3.58%	$83.86M	13.76x	0.71
DCI	DONALDSON CO INC	NYSE	Specialty Industrial Machinery	$7.65B	$62.84	-1.33%	$559.40M	22.60x	1.18
SAIA	SAIA INC	NASDAQ	Trucking	$7.77B	$293.67	2.55%	$627.91M	21.56x	0.42
GTLS	CHART INDUSTRIES INC	NYSE	Specialty Industrial Machinery	$5.01B	$136.64	-1.10%	$183.90M	64.15x	0.89
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$13.01B	$242.20	0.40%	$868.50M	23.47x	1.30
GNRC	GENERAC HOLDINGS INC	NYSE	Specialty Industrial Machinery	$7.69B	$121.39	-0.86%	$768.94M	17.90x	1.23
SWBI	SMITH & WESSON BRANDS INC	NASDAQ	Aerospace & Defense	$498.90M	$10.87	-2.69%	$135.69M	6.28x	0.38
PAC	PACIFIC AIRPORT GROUP	NYSE	Airports & Air Services	$9.12B	$177.98	-1.38%	$576.01M	30.82x	1.81
RYI	RYERSON HOLDING CORP	NYSE	Metal Fabrication	$1.47B	$39.69	-1.85%	$789.60M	2.89x	1.87
ZIM	ZIM INTEGRATED SHIPPING SERVICES LTD	NYSE	Marine Shipping	$2.67B	$22.25	-2.63%	$9.01B	0.45x	1.06
FSS	FEDERAL SIGNAL CORP	NYSE	Pollution & Treatment Controls	$3.30B	$54.37	-0.77%	$188.80M	31.25x	0.77
FAST	FASTENAL CO	NASDAQ	Industrial Distribution	$30.48B	$53.22	-1.81%	$1.60B	28.46x	0.46
HNI	HNI CORP	NYSE	Business Equipment & Supplies	$1.31B	$31.65	-2.01%	$254.71M	11.34x	1.47
JBHT	HUNT J B TRANSPORT SERVICES INC	NASDAQ	Integrated Freight & Logistics	$20.41B	$197.08	-0.41%	$2.06B	20.38x	1.12
LECO	LINCOLN ELECTRIC HOLDINGS INC	NASDAQ	Tools & Accessories	$9.96B	$172.50	-1.15%	$634.60M	23.00x	1.87
GIC	GLOBAL INDUSTRIAL CO	NYSE	Industrial Distribution	$1.07B	$28.22	-1.64%	$140.40M	9.90x	1.35
TT	TRANE TECHNOLOGIES PLC	NYSE	Specialty Industrial Machinery	$42.61B	$185.02	-0.69%	$2.54B	26.47x	2.03
ABM	ABM INDUSTRIES INC	NYSE	Specialty Business Services	$3.12B	$47.59	-0.87%	$463.50M	13.83x	1.84

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	67	+0.42%	+1.53%	+2.04%	+9.22%	24.45x	4.82x	+14.08%	+4.05%	+7.94%	+9.53%	Buy
Airlines	18	-0.50%	+4.82%	+13.36%	-20.61%	60.18x	6.84x	-2.53%	-2.92%	-5.42%	+22.10%	Buy
Airports & Air Services	10	-1.14%	+0.16%	+5.80%	+25.61%	4.13x	1.79x	+8.83%	+4.26%	+8.58%	-10.35%	Buy
Business Equipment & Supplies	9	-2.54%	+3.96%	+4.85%	+10.70%	18.54x	3.46x	+34.18%	+8.68%	+19.41%	+9.98%	Buy
Conglomerates	11	+0.63%	-1.57%	+3.77%	-1.12%	5.56x	1.75x	-2.16%	+0.80%	+2.93%	+30.53%	Buy
Consulting Services	17	-0.98%	+3.57%	+3.37%	+5.20%	29.72x	6.39x	+29.22%	+9.57%	+17.97%	+17.91%	Buy
Diversified Industrials	1	-2.53%	+0.76%	-9.22%	+27.90%	-15.97x	1.46x	-8.70%	-5.90%	-5.71%	+72.79%	Strong Buy
Electrical Equipment & Parts	54	-0.83%	+5.30%	+10.67%	+14.01%	9.50x	3.51x	+18.34%	+6.34%	+10.89%	+8.59%	Buy
Engineering & Construction	38	-1.39%	+2.23%	+6.80%	+7.35%	31.42x	3.12x	+9.85%	+3.77%	+7.98%	+11.01%	Strong Buy
Farm & Heavy Construction Machinery	26	+0.20%	+0.29%	+3.98%	+7.34%	17.72x	5.13x	+35.42%	+8.00%	+9.60%	+11.10%	Buy
Industrial Distribution	16	-1.09%	+10.65%	+17.22%	+18.76%	319.89x	5.78x	+41.64%	+16.84%	+29.52%	-1.10%	Buy
Infrastructure Operations	1	-1.62%	+0.09%	+8.75%	+31.62%	28.23x	1.39x	+5.00%	+3.10%	+5.25%	+11.23%	Hold
Integrated Freight & Logistics	17	-1.08%	+8.32%	+9.89%	-2.04%	15.62x	4.86x	+49.73%	+13.37%	+25.63%	+2.96%	Buy
Marine Shipping	35	+0.19%	+6.00%	+10.25%	-21.45%	9.82x	0.81x	+35.14%	+16.82%	+23.29%	+54.00%	Strong Buy
Metal Fabrication	15	-1.48%	+2.84%	+7.27%	+33.70%	17.31x	3.11x	+18.73%	+9.39%	+17.14%	+15.77%	Buy
Pollution & Treatment Controls	12	-0.83%	+3.56%	+14.92%	+20.85%	53.57x	4.63x	+7.29%	+2.93%	+5.48%	+15.51%	Strong Buy
Railroads	13	-1.35%	+3.10%	-0.59%	-5.10%	21.92x	4.59x	+31.15%	+8.74%	+13.57%	+6.55%	Buy
Rental & Leasing Services	24	-0.67%	+5.36%	+13.45%	-14.69%	11.70x	2.61x	-17.15%	+6.46%	+7.53%	+34.00%	Buy
Security & Protection Services	25	-0.67%	+4.54%	+7.07%	-2.16%	-31.45x	4.91x	+26.22%	+5.01%	+8.62%	+15.82%	Buy
Shell Companies	508	+0.02%	-0.26%	+0.55%	+1.70%	15.87x	-34.04x	-36.64%	+1.57%	+1.91%	+45.06%	Strong Buy
Specialty Business Services	38	-0.96%	+2.37%	+3.60%	+1.26%	98.39x	3.49x	+17.06%	+8.75%	+13.61%	+11.37%	Buy
Specialty Industrial Machinery	87	-0.92%	+5.08%	+7.63%	-0.20%	22.47x	4.73x	+20.02%	+8.47%	+16.27%	+8.09%	Buy
Staffing & Employment Services	29	-1.22%	+2.89%	+2.45%	-13.93%	24.77x	9.08x	-326.94%	+8.41%	+43.56%	+15.06%	Buy
Tools & Accessories	14	-1.45%	+4.75%	+10.68%	+10.17%	26.39x	2.88x	+21.57%	+8.97%	+16.18%	+0.97%	Buy
Travel Services	16	+0.53%	+1.67%	+13.98%	-4.35%	-0.87x	5.42x	+6.50%	+2.61%	+12.39%	+2.83%	Buy
Trucking	19	+0.10%	+10.57%	+19.95%	+11.51%	21.67x	3.62x	+29.98%	+19.50%	+30.38%	-1.15%	Buy
Waste Management	16	+0.20%	+1.37%	+2.75%	+3.26%	47.83x	4.91x	+18.28%	+5.41%	+9.09%	+13.62%	Buy

Industrial Stocks FAQ

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

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

1. Mueller Industries (NYSE:MLI)

Mueller Industries (NYSE:MLI) is the top industrial stock with a Zen Score of 68, which is 46 points higher than the industrial sector average of 22. It passed 25 out of 38 due diligence checks and has strong fundamentals. Mueller Industries has seen its stock return 24.91% over the past year, overperforming other industrial stocks by 23 percentage points.

Mueller Industries has an average 1 year price target of $125.00, an upside of 80.66% from Mueller Industries's current stock price of $69.19.

Mueller Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Mueller Industries, 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. Insteel Industries (NYSE:IIIN)

Insteel Industries (NYSE:IIIN) is the second best industrial stock with a Zen Score of 68, which is 46 points higher than the industrial sector average of 22. It passed 25 out of 38 due diligence checks and has strong fundamentals. Insteel Industries has seen its stock lose -22.21% over the past year, underperforming other industrial stocks by -24 percentage points.

Insteel Industries stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Insteel Industries, 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.

3. Grindrod Shipping Holdings (NASDAQ:GRIN)

Grindrod Shipping Holdings (NASDAQ:GRIN) is the third best industrial stock with a Zen Score of 67, which is 45 points higher than the industrial sector average of 22. It passed 25 out of 38 due diligence checks and has strong fundamentals. Grindrod Shipping Holdings has seen its stock lose -9.24% over the past year, underperforming other industrial stocks by -11 percentage points.

Grindrod Shipping Holdings has an average 1 year price target of $32.00, an upside of 96.2% from Grindrod Shipping Holdings's current stock price of $16.31.

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

What are the industrial stocks with highest dividends?

Out of 261 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 123.82%, which is 121 percentage points higher than the industrial sector average of 3.19%.

Zim Integrated Shipping Services's dividend payout ratio of 54.7% indicates that its high dividend yield is sustainable for the long-term.

2. Star Bulk Carriers (NASDAQ:SBLK)

Star Bulk Carriers (NASDAQ:SBLK) has an annual dividend yield of 29.12%, which is 26 percentage points higher than the industrial sector average of 3.19%. Star Bulk Carriers's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Star Bulk Carriers's dividend has shown consistent growth over the last 10 years.

Star Bulk Carriers's dividend payout ratio of 63.9% indicates that its high dividend yield is sustainable for the long-term.

3. Knot Offshore Partners (NYSE:KNOP)

Knot Offshore Partners (NYSE:KNOP) has an annual dividend yield of 25.83%, which is 23 percentage points higher than the industrial sector average of 3.19%. Knot Offshore Partners's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Knot Offshore Partners's dividend has not shown consistent growth over the last 10 years.

Why are industrial stocks down?

Industrial stocks were down -0.43% in the last day, and up 2.99% over the last week. Energizer Holdings was the among the top losers in the industrials sector, dropping -4.91% yesterday.

Energizer shares are trading lower after the company reported worse-than-expected Q1 results.

What are the most undervalued industrial stocks?

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

1. Grindrod Shipping Holdings (NASDAQ:GRIN)

Grindrod Shipping Holdings (NASDAQ:GRIN) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Grindrod Shipping Holdings has a valuation score of 100, which is 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Grindrod Shipping Holdings's stock has dropped -9.24% in the past year. It has underperformed other stocks in the industrial sector by -11 percentage points.

2. Eurodry (NASDAQ:EDRY)

Eurodry (NASDAQ:EDRY) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Eurodry has a valuation score of 100, which is 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Eurodry's stock has dropped -30.96% in the past year. It has underperformed other stocks in the industrial sector by -33 percentage points.

3. Heidrick & Struggles International (NASDAQ:HSII)

Heidrick & Struggles International (NASDAQ:HSII) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Heidrick & Struggles International has a valuation score of 100, which is 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Heidrick & Struggles International's stock has dropped -25.13% in the past year. It has underperformed other stocks in the industrial sector by -27 percentage points.

Are industrial stocks a good buy now?

44.05% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 9.99% 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 33.62x.

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.