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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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
BZ
KANZHUN LTD
NASDAQ
Staffing & Employment Services
$7.51B$20.280.15%N/A48.52x0.33
RGP
RESOURCES CONNECTION INC
NASDAQ
Consulting Services
$359.04M$10.62-0.75%$43.19M15.62x0.26
SBLK
STAR BULK CARRIERS CORP
NASDAQ
Marine Shipping
$2.00B$23.77-4.38%$423.99M10.80x0.78
TEX
TEREX CORP
NYSE
Farm & Heavy Construction Machinery
$3.56B$52.89-3.41%$704.20M6.93x1.17
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$39.92M$4.02-5.19%$3.27M22.33x0.93
EPAC
ENERPAC TOOL GROUP CORP
NYSE
Specialty Industrial Machinery
$2.06B$37.89-1.97%$121.64M29.83x1.28
STRL
STERLING INFRASTRUCTURE INC
NASDAQ
Engineering & Construction
$3.59B$116.33-1.77%$286.82M23.89x1.81
AOS
SMITH A O CORP
NYSE
Specialty Industrial Machinery
$12.09B$82.46-1.45%$842.60M21.36x0.69
ARCB
ARCBEST CORP
NASDAQ
Trucking
$2.47B$105.49-2.59%$316.29M20.72x0.93
GASS
STEALTHGAS INC
NASDAQ
Marine Shipping
$262.34M$7.47-3.98%$87.08M5.22x0.32
VTSI
VIRTRA INC
NASDAQ
Aerospace & Defense
$90.54M$8.150.00%$9.80M13.36x0.58
DAC
DANAOS CORP
NYSE
Marine Shipping
$1.75B$90.26-2.27%$729.08M3.06x0.21
ESOA
ENERGY SERVICES OF AMERICA CORP
NASDAQ
Engineering & Construction
$123.23M$7.42-0.40%$25.33M12.37x2.94
GGG
GRACO INC
NYSE
Specialty Industrial Machinery
$13.41B$79.29-1.84%$672.22M26.61x0.19
THR
THERMON GROUP HOLDINGS INC
NYSE
Specialty Industrial Machinery
$979.25M$29.00-5.20%$95.36M18.95x0.62
CSWI
CSW INDUSTRIALS INC
NASDAQ
Specialty Industrial Machinery
$4.09B$263.39-0.73%$189.96M40.27x0.66
ZTO
ZTO EXPRESS (CAYMAN) INC
NYSE
Integrated Freight & Logistics
$18.26B$22.46-0.04%$1.91B15.40x0.54
HAYN
HAYNES INTERNATIONAL INC
NASDAQ
Metal Fabrication
$743.20M$58.14-0.62%$73.37M19.44x0.56
ABNB
AIRBNB INC
NASDAQ
Travel Services
$94.01B$145.97-0.09%$2.39B18.96x2.11
MWA
MUELLER WATER PRODUCTS INC
NYSE
Specialty Industrial Machinery
$2.69B$17.25-2.43%$206.50M26.95x1.04
TNC
TENNANT CO
NYSE
Specialty Industrial Machinery
$1.83B$96.27-2.08%$191.40M15.73x0.87
CMI
CUMMINS INC
NYSE
Specialty Industrial Machinery
$36.45B$266.48-1.44%$4.11B19.44x2.40
PCAR
PACCAR INC
NASDAQ
Farm & Heavy Construction Machinery
$55.94B$106.72-0.35%$7.84B11.05x1.39
RCMT
RCM TECHNOLOGIES INC
NASDAQ
Conglomerates
$150.11M$19.36-1.68%$25.05M9.18x3.10
PH
PARKER HANNIFIN CORP
NYSE
Specialty Industrial Machinery
$64.69B$503.30-4.84%$4.96B23.35x1.55
WNC
WABASH NATIONAL CORP
NYSE
Farm & Heavy Construction Machinery
$932.42M$20.71-1.19%$321.77M4.87x1.52
ENS
ENERSYS
NYSE
Electrical Equipment & Parts
$4.14B$103.18-2.29%$434.16M15.59x0.98
DY
DYCOM INDUSTRIES INC
NYSE
Engineering & Construction
$5.14B$176.51-1.98%$564.54M22.46x1.42
EME
EMCOR GROUP INC
NYSE
Engineering & Construction
$17.73B$377.20-3.32%$1.12B24.77x1.56
LECO
LINCOLN ELECTRIC HOLDINGS INC
NASDAQ
Tools & Accessories
$10.37B$182.24-2.45%$816.96M19.06x1.58
CAT
CATERPILLAR INC
NYSE
Farm & Heavy Construction Machinery
$157.29B$321.47-1.50%$16.67B14.44x3.75
BLD
TOPBUILD CORP
NYSE
Engineering & Construction
$13.18B$414.39-1.97%$1.06B20.77x0.96
BBSI
BARRETT BUSINESS SERVICES INC
NASDAQ
Staffing & Employment Services
$862.08M$131.78-0.36%$81.08M17.76x2.94
DOV
DOVER CORP
NYSE
Specialty Industrial Machinery
$24.36B$177.25-2.28%$2.24B16.93x1.33
MIDD
MIDDLEBY CORP
NASDAQ
Specialty Industrial Machinery
$6.66B$123.78-2.13%$749.53M17.10x1.09
WTS
WATTS WATER TECHNOLOGIES INC
NYSE
Specialty Industrial Machinery
$6.25B$187.20-2.55%$418.70M23.14x0.50
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
NASDAQ
Airlines
$518.75M$9.86-5.19%$228.65M7.64x2.03
CW
CURTISS WRIGHT CORP
NYSE
Aerospace & Defense
$10.20B$266.22-1.03%$651.88M27.25x0.94
ITT
ITT INC
NYSE
Specialty Industrial Machinery
$10.44B$126.82-2.30%$665.50M24.72x0.71
PAYX
PAYCHEX INC
NASDAQ
Staffing & Employment Services
$43.91B$121.99-0.55%$2.36B26.46x2.48
MLI
MUELLER INDUSTRIES INC
NYSE
Metal Fabrication
$6.24B$54.89-3.02%$818.91M10.77x0.18
TAYD
TAYLOR DEVICES INC
NASDAQ
Specialty Industrial Machinery
$134.09M$43.34-1.50%$11.53M17.41x0.15
JBT
JOHN BEAN TECHNOLOGIES CORP
NYSE
Specialty Industrial Machinery
$3.09B$97.03-1.22%$717.20M5.27x0.81
DCI
DONALDSON CO INC
NYSE
Specialty Industrial Machinery
$8.63B$71.70-2.89%$632.70M21.86x0.93
STN
STANTEC INC
NYSE
Engineering & Construction
$9.41B$82.48-0.19%$606.93M36.45x1.34
VCIG
VCI GLOBAL LTD
NASDAQ
Consulting Services
$24.34M$0.64-0.62%$7.52M3.15x0.26
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$1.98B$165.47-6.07%$137.82M19.29x1.16
ALLE
ALLEGION PLC
NYSE
Security & Protection Services
$10.17B$116.36-2.35%$826.80M18.89x2.17
WOR
WORTHINGTON ENTERPRISES INC
NYSE
Metal Fabrication
$2.57B$51.25-2.83%$473.66M9.18x0.87
HURN
HURON CONSULTING GROUP INC
NASDAQ
Consulting Services
$1.71B$94.95-1.27%$136.74M26.30x1.72
FLS
FLOWSERVE CORP
NYSE
Specialty Industrial Machinery
$6.13B$46.59-1.77%$418.21M26.17x1.61
FELE
FRANKLIN ELECTRIC CO INC
NASDAQ
Specialty Industrial Machinery
$4.43B$96.10-1.28%$318.48M23.55x0.45
R
RYDER SYSTEM INC
NYSE
Rental & Leasing Services
$5.21B$118.92-1.06%$2.85B15.15x4.38
CLWT
EURO TECH HOLDINGS CO LTD
NASDAQ
Pollution & Treatment Controls
$13.50M$1.751.74%$1.90M7.29x0.36
EMR
EMERSON ELECTRIC CO
NYSE
Specialty Industrial Machinery
$60.91B$106.46-1.91%$12.67B5.66x0.94
WLDN
WILLDAN GROUP INC
NASDAQ
Engineering & Construction
$407.33M$29.48-3.25%$41.74M30.39x0.99
HY
HYSTER-YALE INC
NYSE
Farm & Heavy Construction Machinery
$1.26B$72.19-1.47%$301.70M8.25x4.10
CPA
COPA HOLDINGS SA
NYSE
Airlines
$4.01B$95.42-0.62%$1.08B7.47x1.45
AME
AMETEK INC
NYSE
Specialty Industrial Machinery
$38.66B$167.02-3.97%$2.06B29.15x0.66
FIX
COMFORT SYSTEMS USA INC
NYSE
Engineering & Construction
$11.21B$313.85-3.40%$550.48M30.98x1.84
RAYA
ERAYAK POWER SOLUTION GROUP INC
NASDAQ
Electrical Equipment & Parts
$10.88M$0.8712.77%$2.72M8.74x0.75
HII
HUNTINGTON INGALLS INDUSTRIES INC
NYSE
Aerospace & Defense
$9.40B$238.46-0.75%$1.31B13.45x1.71
PWR
QUANTA SERVICES INC
NYSE
Engineering & Construction
$40.01B$273.29-1.23%$1.83B51.76x1.44
SB
SAFE BULKERS INC
NYSE
Marine Shipping
$639.51M$5.73-3.05%$156.19M9.39x0.69
OSK
OSHKOSH CORP
NYSE
Farm & Heavy Construction Machinery
$6.90B$105.52-0.86%$1.15B10.02x1.48
ROK
ROCKWELL AUTOMATION INC
NYSE
Specialty Industrial Machinery
$29.00B$254.39-2.43%$1.89B24.75x2.16
GFF
GRIFFON CORP
NYSE
Conglomerates
$3.18B$64.15-4.01%$447.88M16.24x10.99
LZ
LEGALZOOMCOM INC
NASDAQ
Specialty Business Services
$1.53B$8.12-0.98%$66.57M67.67x1.74
NOC
NORTHROP GRUMMAN CORP
NYSE
Aerospace & Defense
$62.76B$424.090.16%$4.38B29.47x2.36
SNA
SNAP-ON INC
NYSE
Tools & Accessories
$13.82B$262.24-2.45%$1.47B13.52x0.49
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$4.56B$289.070.04%$444.20M14.89x0.13
LMB
LIMBACH HOLDINGS INC
NASDAQ
Engineering & Construction
$628.71M$56.22-5.92%$46.53M24.23x1.30
ASTE
ASTEC INDUSTRIES INC
NASDAQ
Farm & Heavy Construction Machinery
$690.02M$30.31-3.13%$66.30M27.81x0.73
IEX
IDEX CORP
NYSE
Specialty Industrial Machinery
$15.01B$198.23-2.31%$940.10M26.01x0.63
ARC
ARC DOCUMENT SOLUTIONS INC
NYSE
Specialty Business Services
$111.40M$2.58-3.01%$31.57M12.90x0.99
GIC
GLOBAL INDUSTRIAL CO
NYSE
Industrial Distribution
$1.23B$32.13-3.46%$103.30M17.46x0.99
AL
AIR LEASE CORP
NYSE
Rental & Leasing Services
$4.98B$44.72-1.54%$2.56B8.98x3.27
MATW
MATTHEWS INTERNATIONAL CORP
NASDAQ
Conglomerates
$812.28M$26.45-2.07%$170.36M24.49x2.71
KELYA
KELLY SERVICES INC
NASDAQ
Staffing & Employment Services
$750.57M$21.13-0.09%$89.60M15.09x0.88
BRC
BRADY CORP
NYSE
Security & Protection Services
$3.11B$65.40-0.50%$276.64M16.60x0.39
KFY
KORN FERRY
NYSE
Staffing & Employment Services
$3.48B$66.73-5.04%$298.46M23.01x1.09
PXS
PYXIS TANKERS INC
NASDAQ
Marine Shipping
$51.97M$4.95-1.20%$43.23M1.71x0.79
LICN
LICHEN CHINA LTD
NASDAQ
Specialty Business Services
$35.78M$1.35-3.91%$14.58M4.22x0.07
HUBB
HUBBELL INC
NYSE
Electrical Equipment & Parts
$20.12B$374.74-2.67%$1.17B27.76x1.34
KFRC
KFORCE INC
NYSE
Staffing & Employment Services
$1.19B$60.96-1.41%$86.95M20.81x1.23
TH
TARGET HOSPITALITY CORP
NASDAQ
Specialty Business Services
$782.16M$7.800.65%$312.13M5.27x0.83
GWW
WW GRAINGER INC
NYSE
Industrial Distribution
$44.50B$906.79-1.55%$2.83B24.93x1.53
HON
HONEYWELL INTERNATIONAL INC
NASDAQ
Conglomerates
$135.79B$208.53-0.05%$9.24B24.00x2.95
TTC
TORO CO
NYSE
Tools & Accessories
$10.04B$96.611.37%$469.08M37.89x1.33
PAC
PACIFIC AIRPORT GROUP
NYSE
Airports & Air Services
$8.40B$166.280.36%$1.12B14.64x2.35
XYL
XYLEM INC
NYSE
Specialty Industrial Machinery
$33.46B$138.02-1.88%$1.27B47.92x0.56
TXT
TEXTRON INC
NYSE
Aerospace & Defense
$16.26B$85.25-0.85%$1.56B18.02x1.37
ODFL
OLD DOMINION FREIGHT LINE INC
NASDAQ
Trucking
$37.53B$172.74-0.10%$2.01B30.25x0.28
BCO
BRINKS CO
NYSE
Security & Protection Services
$4.36B$98.01-2.26%$760.70M36.57x15.54
CPRT
COPART INC
NASDAQ
Specialty Business Services
$51.20B$53.210.28%$1.88B36.57x0.11
AZZ
AZZ INC
NYSE
Specialty Business Services
$1.96B$78.14-0.28%$316.59M22.45x1.80
RHI
ROBERT HALF INC
NYSE
Staffing & Employment Services
$6.80B$64.830.90%$598.18M19.29x0.90
AYI
ACUITY BRANDS INC
NYSE
Electrical Equipment & Parts
$7.77B$252.38-2.64%$590.20M20.84x0.64
ALG
ALAMO GROUP INC
NYSE
Farm & Heavy Construction Machinery
$2.11B$175.05-1.46%$248.21M15.48x0.59
GVH
GLOBAVEND HOLDINGS LTD
NASDAQ
Integrated Freight & Logistics
$14.55M$0.97-2.02%$1.32M12.13x7.91

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72-1.17%-1.60%-1.76%+17.54%21.49x5.46x+12.68%+4.36%+8.86%+13.23%Strong Buy
20-1.99%-2.74%-9.30%-15.17%15.41x2.75x+22.26%+4.57%+11.65%+36.67%Buy
9-0.13%-0.05%-13.46%-8.33%13.93x4.03x-8.53%+5.68%+10.32%+11.13%Strong Buy
5-1.32%-1.39%-5.49%+35.63%18.64x1.49x+8.41%+4.35%+8.18%+34.09%Strong Buy
20+0.22%-2.24%-5.93%-13.03%16.49x5.22x-9.36%+2.43%+9.59%+13.46%Strong Buy
16-0.36%-1.06%-0.66%+14.67%31.31x8.02x+94.47%+9.22%+18.31%+15.39%Buy
54-2.54%+1.14%-2.68%+14.44%37.83x4.27x+14.29%+5.35%+10.21%+16.00%Buy
41-1.93%+1.05%-1.01%+47.27%-60.78x4.37x+11.70%+5.16%+13.16%+9.42%Strong Buy
26-1.05%-1.26%-9.47%+1.93%12.24x4.40x+45.47%+11.07%+16.40%+18.38%Buy
17-2.16%+0.15%-6.30%+16.32%19.50x6.34x+34.73%+15.82%+28.75%+13.66%Buy
3+0.12%-0.49%-4.27%-2.96%49.87x0.95x+17.36%+4.14%+11.95%-21.81%Hold
22-0.85%-1.66%-3.62%-14.20%19.64x3.86x+24.17%+7.85%+15.14%+16.72%Buy
40-2.64%-4.89%+0.39%-51.16%15.52x1.11x+4.11%+3.25%+5.52%+14.06%Strong Buy
20-3.49%-4.07%-9.94%+11.36%19.85x2.96x+18.17%+9.18%+15.18%+26.12%Buy
17-1.68%-0.59%-2.78%+9.57%11.47x7.66x+18.07%+2.40%+4.62%+17.74%Buy
11-0.77%-2.23%-6.13%+13.14%23.38x4.34x+26.79%+7.74%+10.40%+16.89%Buy
23-1.93%-2.65%-9.17%+15.78%16.03x2.16x+16.44%+6.07%+7.39%+15.34%Buy
23-1.21%-0.50%-2.52%+11.79%20.66x2.94x+25.08%+8.45%+15.31%+14.63%Buy
191-0.11%-0.33%+1.04%+6.00%9.21x-14.92x-45.54%-0.28%+11.57%N/A
38-0.23%+0.61%-1.12%+19.00%33.58x4.97x+26.86%+11.52%+19.46%+11.62%Buy
75-2.26%-0.55%-5.96%+12.61%25.48x4.93x+22.80%+9.07%+17.03%+18.87%Buy
25-0.78%-1.08%-2.54%-2.12%26.52x9.18x+65.66%+8.40%+45.14%+13.87%Buy
11-1.73%-1.99%-7.41%-2.92%-28.42x2.59x+16.27%+7.74%+13.74%+14.70%Buy
18-0.24%+0.66%+2.23%+43.82%24.34x13.17x-56.47%+13.89%+32.42%+7.37%Buy
16-0.92%-0.53%+0.07%+22.18%27.54x3.61x+18.60%+12.91%+19.07%+22.27%Buy
20+0.49%+1.98%+1.35%+2.74%34.43x5.88x+19.56%+5.37%+9.61%+10.00%Buy

Industrial Stocks FAQ

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

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

1. Kanzhun (NASDAQ:BZ)


Kanzhun (NASDAQ:BZ) is the top industrial stock with a Zen Score of 75, which is 48 points higher than the industrial sector average of 27. It passed 25 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 20.57% over the past year, overperforming other industrial stocks by 10 percentage points.

Kanzhun has an average 1 year price target of $25.00, an upside of 23.27% from Kanzhun's current stock price of $20.28.

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

2. Resources Connection (NASDAQ:RGP)


Resources Connection (NASDAQ:RGP) is the second best industrial stock with a Zen Score of 68, which is 41 points higher than the industrial sector average of 27. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -33.38% over the past year, underperforming other industrial stocks by -44 percentage points.

Resources Connection has an average 1 year price target of $14.00, an upside of 31.83% from Resources Connection's current stock price of $10.62.

Resources Connection stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Resources Connection, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Star Bulk Carriers (NASDAQ:SBLK)


Star Bulk Carriers (NASDAQ:SBLK) is the third best industrial stock with a Zen Score of 64, which is 37 points higher than the industrial sector average of 27. It passed 23 out of 38 due diligence checks and has strong fundamentals. Star Bulk Carriers has seen its stock return 29.68% over the past year, overperforming other industrial stocks by 20 percentage points.

Star Bulk Carriers has an average 1 year price target of $30.00, an upside of 26.21% from Star Bulk Carriers's current stock price of $23.77.

Star Bulk Carriers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Star Bulk Carriers, 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 259 industrial stocks that have issued dividends in the past year, the 3 industrial stocks with the highest dividend yields are:

1. Tredegar (NYSE:TG)


Tredegar (NYSE:TG) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.14%. Tredegar's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tredegar's dividend has shown consistent growth over the last 10 years.

Tredegar's dividend payout ratio of -4.4% indicates that its dividend yield might not be sustainable for the long-term.

2. Graftech International (NYSE:EAF)


Graftech International (NYSE:EAF) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.14%. Graftech International's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Graftech International's dividend has not shown consistent growth over the last 10 years.

Graftech International's dividend payout ratio of -0.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 26.01%, which is 24 percentage points higher than the industrial sector average of 2.14%.

Spirit Airlines's dividend payout ratio of -22.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial stocks down?

Industrial stocks were down -1.2% in the last day, and down -0.73% over the last week. Ammo was the among the top losers in the industrials sector, dropping -28.69% yesterday.

AMMO shares are trading lower after the company reported Q4 financial 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 79 points higher than the industrial sector average of 21. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 140.19% in the past year. It has overperformed other stocks in the industrial sector by 130 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 79 points higher than the industrial sector average of 21. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -33.38% in the past year. It has underperformed other stocks in the industrial sector by -44 percentage points.

3. Matthews International (NASDAQ:MATW)


Matthews International (NASDAQ:MATW) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Matthews International has a valuation score of 86, which is 65 points higher than the industrial sector average of 21. It passed 6 out of 7 valuation due diligence checks.

Matthews International's stock has dropped -35.17% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

Are industrial stocks a good buy now?

46.24% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 14.35% 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 19.58x.
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