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
TDCX	TDCX INC	NYSE	Specialty Business Services	$1.02B	$7.09	0.07%	$143.42M	11.45x	0.18
MYRG	MYR GROUP INC	NASDAQ	Engineering & Construction	$2.69B	$160.87	-2.28%	$189.08M	29.52x	1.42
BRC	BRADY CORP	NYSE	Security & Protection Services	$2.82B	$58.29	-0.95%	$275.30M	15.14x	0.36
ROK	ROCKWELL AUTOMATION INC	NYSE	Specialty Industrial Machinery	$31.93B	$278.65	-0.97%	$1.91B	26.39x	2.09
LNN	LINDSAY CORP	NYSE	Farm & Heavy Construction Machinery	$1.25B	$112.81	-1.19%	$118.04M	17.96x	0.58
LMT	LOCKHEED MARTIN CORP	NYSE	Aerospace & Defense	$110.20B	$456.05	0.38%	$10.44B	16.49x	6.68
EME	EMCOR GROUP INC	NYSE	Engineering & Construction	$15.96B	$339.20	-1.75%	$1.01B	25.37x	1.68
CMRE	COSTAMARE INC	NYSE	Marine Shipping	$1.28B	$10.83	-1.46%	$696.52M	3.67x	1.20
TTC	TORO CO	NYSE	Tools & Accessories	$8.80B	$84.28	-1.76%	$496.41M	30.54x	1.46
ABM	ABM INDUSTRIES INC	NYSE	Specialty Business Services	$2.76B	$43.64	-1.45%	$533.30M	11.10x	1.72
XYL	XYLEM INC	NYSE	Specialty Industrial Machinery	$30.52B	$126.22	-1.39%	$1.12B	44.92x	0.58
CVU	CPI AEROSTRUCTURES INC	NYSEMKT	Aerospace & Defense	$34.32M	$2.67	-1.48%	$6.78M	1.91x	2.37
ENR	ENERGIZER HOLDINGS INC	NYSE	Electrical Equipment & Parts	$1.97B	$27.50	0.40%	$409.90M	20.99x	24.93
CW	CURTISS WRIGHT CORP	NYSE	Aerospace & Defense	$9.54B	$249.67	-0.10%	$630.64M	26.96x	0.99
LSTR	LANDSTAR SYSTEM INC	NASDAQ	Integrated Freight & Logistics	$6.00B	$168.03	-3.50%	$402.30M	22.83x	0.83
AEIS	ADVANCED ENERGY INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$3.45B	$92.43	-2.65%	$203.10M	27.03x	1.24
KFRC	KFORCE INC	NASDAQ	Staffing & Employment Services	$1.24B	$63.43	-1.49%	$94.33M	19.95x	1.25
ISSC	INNOVATIVE SOLUTIONS & SUPPORT INC	NASDAQ	Aerospace & Defense	$113.84M	$6.52	0.31%	$9.84M	17.62x	0.40
DOV	DOVER CORP	NYSE	Specialty Industrial Machinery	$23.71B	$169.50	-0.97%	$1.72B	22.42x	1.22
VMI	VALMONT INDUSTRIES INC	NYSE	Conglomerates	$4.27B	$211.17	-1.13%	$396.49M	30.83x	1.52
FCN	FTI CONSULTING INC	NYSE	Consulting Services	$7.27B	$204.46	-1.52%	$419.93M	25.24x	0.68
CXT	CRANE NXT CO	NYSE	Specialty Industrial Machinery	$3.50B	$61.44	0.10%	$368.00M	18.56x	1.21
ASR	SOUTHEAST AIRPORT GROUP	NYSE	Airports & Air Services	$9.11B	$303.74	-1.50%	$1.04B	14.85x	0.42
CPLP	CAPITAL PRODUCT PARTNERS LP	NASDAQ	Marine Shipping	$913.12M	$16.74	0.72%	N/A	7.79x	1.67
WWD	WOODWARD INC	NASDAQ	Aerospace & Defense	$8.88B	$147.27	-1.09%	$521.20M	30.18x	0.89
MAN	MANPOWERGROUP INC	NYSE	Staffing & Employment Services	$3.38B	$70.07	0.14%	$344.40M	39.37x	2.97
ATSG	AIR TRANSPORT SERVICES GROUP INC	NASDAQ	Airlines	$817.74M	$12.45	-0.88%	$521.05M	14.15x	1.84
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	NASDAQ	Rental & Leasing Services	$7.35B	$38.70	-2.20%	$1.15B	16.13x	3.87
AME	AMETEK INC	NYSE	Specialty Industrial Machinery	$41.13B	$178.05	-0.58%	$2.03B	31.24x	0.72
UUU	UNIVERSAL SECURITY INSTRUMENTS INC	NYSEMKT	Security & Protection Services	$3.68M	$1.59	-2.87%	$699.25k	10.62x	0.64
NSSC	NAPCO SECURITY TECHNOLOGIES INC	NASDAQ	Security & Protection Services	$1.43B	$39.01	0.41%	$49.80M	33.34x	0.18
TFII	TFI INTERNATIONAL INC	NYSE	Trucking	$12.19B	$144.33	-6.67%	$1.21B	24.55x	1.43
CSX	CSX CORP	NASDAQ	Railroads	$66.92B	$34.16	-1.95%	$7.31B	18.46x	2.50
WTS	WATTS WATER TECHNOLOGIES INC	NYSE	Specialty Industrial Machinery	$6.60B	$198.11	-1.08%	$401.00M	25.24x	0.53
FTAI	FTAI AVIATION LTD	NASDAQ	Rental & Leasing Services	$7.01B	$69.91	-2.52%	$515.53M	32.98x	15.90
BWEN	BROADWIND INC	NASDAQ	Specialty Industrial Machinery	$48.31M	$2.24	-2.61%	$17.47M	6.22x	1.41
ECO	OKEANIS ECO TANKERS CORP	NYSE	Marine Shipping	$985.14M	$30.60	0.13%	$246.81M	6.78x	1.77
PWR	QUANTA SERVICES INC	NYSE	Engineering & Construction	$35.85B	$245.96	-1.10%	$1.76B	47.95x	1.59
ITW	ILLINOIS TOOL WORKS INC	NYSE	Specialty Industrial Machinery	$74.56B	$249.54	-0.66%	$4.48B	25.54x	4.15
ASC	ARDMORE SHIPPING CORP	NYSE	Marine Shipping	$655.09M	$15.86	-0.31%	$160.01M	5.75x	0.22
FSS	FEDERAL SIGNAL CORP	NYSE	Pollution & Treatment Controls	$5.04B	$82.59	-0.77%	$283.10M	31.89x	0.62
CMI	CUMMINS INC	NYSE	Specialty Industrial Machinery	$41.33B	$291.36	-1.09%	$2.92B	56.14x	2.50
OPXS	OPTEX SYSTEMS HOLDINGS INC	NASDAQ	Aerospace & Defense	$47.42M	$6.95	-2.25%	$3.97M	16.16x	0.46
EXPE	EXPEDIA GROUP INC	NASDAQ	Travel Services	$17.54B	$128.73	-0.16%	$2.18B	23.41x	12.29
CNI	CANADIAN NATIONAL RAILWAY CO	NYSE	Railroads	$81.79B	$127.03	-0.20%	$6.74B	19.91x	1.62
ESLT	ELBIT SYSTEMS LTD	NASDAQ	Aerospace & Defense	$8.80B	$198.02	-1.27%	$540.67M	40.83x	2.30
KNX	KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC	NYSE	Trucking	$7.84B	$48.53	-4.43%	$1.26B	35.95x	0.81
SNDR	SCHNEIDER NATIONAL INC	NYSE	Trucking	$3.63B	$20.65	-4.49%	$702.80M	15.30x	0.54
GE	GENERAL ELECTRIC CO	NYSE	Specialty Industrial Machinery	$169.42B	$155.67	-0.70%	$13.84B	18.44x	4.91
TITN	TITAN MACHINERY INC	NASDAQ	Industrial Distribution	$520.72M	$22.79	-1.21%	$203.62M	4.62x	2.03
ARMK	ARAMARK	NYSE	Specialty Business Services	$8.18B	$31.16	-0.13%	$1.77B	12.93x	3.36
BBU	BROOKFIELD BUSINESS PARTNERS LP	NYSE	Conglomerates	$1.43B	$19.22	-0.16%	$7.70B	2.96x	10.11
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$20.97B	$390.97	-1.34%	$1.16B	27.65x	1.40
ENS	ENERSYS	NYSE	Electrical Equipment & Parts	$3.61B	$89.42	-0.81%	$445.99M	13.33x	1.03
GNRC	GENERAC HOLDINGS INC	NYSE	Specialty Industrial Machinery	$7.85B	$130.25	0.89%	$552.02M	39.35x	1.17
NPK	NATIONAL PRESTO INDUSTRIES INC	NYSE	Aerospace & Defense	$564.91M	$79.37	0.29%	$48.44M	16.33x	0.24
IEX	IDEX CORP	NYSE	Specialty Industrial Machinery	$17.16B	$226.83	-1.06%	$964.60M	28.82x	0.66
AYI	ACUITY BRANDS INC	NYSE	Electrical Equipment & Parts	$7.66B	$248.72	-1.30%	$590.20M	20.54x	0.64
GXO	GXO LOGISTICS INC	NYSE	Integrated Freight & Logistics	$5.83B	$48.85	-2.16%	$676.00M	25.31x	2.25
RYAAY	RYANAIR HOLDINGS PLC	NASDAQ	Airlines	$31.05B	$136.35	0.40%	$2.74B	21.00x	1.91
STN	STANTEC INC	NYSE	Engineering & Construction	$9.08B	$79.56	-0.60%	$595.41M	36.05x	1.20
KEX	KIRBY CORP	NYSE	Marine Shipping	$5.56B	$95.08	-1.51%	$557.32M	25.42x	0.80
CAAP	CORPORACION AMERICA AIRPORTS SA	NYSE	Airports & Air Services	$2.68B	$16.40	-1.80%	$773.43M	11.01x	3.78
WSO	WATSCO INC	NYSE	Industrial Distribution	$17.88B	$403.94	-2.28%	$732.10M	29.44x	0.50
NDSN	NORDSON CORP	NASDAQ	Specialty Industrial Machinery	$14.92B	$260.80	-0.71%	$812.38M	30.22x	0.93
PLPC	PREFORMED LINE PRODUCTS CO	NASDAQ	Electrical Equipment & Parts	$600.83M	$122.52	-0.48%	$105.16M	9.52x	0.45
TCOM	TRIPCOM GROUP LTD	NASDAQ	Travel Services	$31.47B	$48.26	-0.84%	N/A	22.81x	0.79
HEES	H&E EQUIPMENT SERVICES INC	NASDAQ	Rental & Leasing Services	$2.14B	$58.78	-2.76%	$692.10M	12.53x	3.94
ARC	ARC DOCUMENT SOLUTIONS INC	NYSE	Specialty Business Services	$113.33M	$2.65	0.00%	$31.89M	13.95x	1.00
WM	WASTE MANAGEMENT INC	NYSE	Waste Management	$82.79B	$206.15	0.57%	$5.62B	36.23x	3.76
MWA	MUELLER WATER PRODUCTS INC	NYSE	Specialty Industrial Machinery	$2.40B	$15.34	-0.45%	$174.90M	30.68x	1.09
SPLP	STEEL PARTNERS HOLDINGS LP	NYSE	Conglomerates	$775.74M	$37.44	0.00%	$322.93M	5.32x	3.11
PH	PARKER HANNIFIN CORP	NYSE	Specialty Industrial Machinery	$69.42B	$540.57	-0.66%	$4.82B	26.36x	1.63
AXON	AXON ENTERPRISE INC	NASDAQ	Aerospace & Defense	$22.58B	$299.82	-0.16%	$194.48M	127.58x	1.13
CRAI	CRA INTERNATIONAL INC	NASDAQ	Consulting Services	$984.79M	$141.40	-0.60%	$81.94M	25.80x	1.61
MOG.A	MOOG INC	NYSE	Aerospace & Defense	$4.92B	$154.07	-0.95%	$378.00M	28.43x	1.34
ALG	ALAMO GROUP INC	NYSE	Farm & Heavy Construction Machinery	$2.48B	$206.61	-2.88%	$249.19M	18.09x	0.51
DE	DEERE & CO	NYSE	Farm & Heavy Construction Machinery	$110.47B	$396.88	0.98%	$17.57B	11.50x	3.59
VRSK	VERISK ANALYTICS INC	NASDAQ	Consulting Services	$31.87B	$222.25	0.07%	$1.27B	53.04x	13.05
CWST	CASELLA WASTE SYSTEMS INC	NASDAQ	Waste Management	$5.36B	$92.45	-1.97%	$255.33M	200.98x	1.48
FWRD	FORWARD AIR CORP	NASDAQ	Integrated Freight & Logistics	$597.29M	$22.65	-10.19%	$270.16M	3.53x	2.90
MRTN	MARTEN TRANSPORT LTD	NASDAQ	Trucking	$1.31B	$16.17	-3.52%	$217.81M	18.59x	0.31
KE	KIMBALL ELECTRONICS INC	NASDAQ	Electrical Equipment & Parts	$513.80M	$20.66	-0.53%	$129.62M	9.43x	1.34
KAMN	KAMAN CORP	NYSE	Aerospace & Defense	$1.30B	$45.87	-0.02%	$100.72M	163.82x	1.17
HXL	HEXCEL CORP	NYSE	Aerospace & Defense	$5.22B	$61.90	0.16%	$276.60M	49.52x	0.70
LZ	LEGALZOOMCOM INC	NASDAQ	Specialty Business Services	$2.26B	$12.01	-1.64%	$60.06M	171.57x	1.65
FLS	FLOWSERVE CORP	NYSE	Specialty Industrial Machinery	$5.99B	$45.67	-1.53%	$355.98M	32.16x	1.62
ETN	EATON CORP PLC	NYSE	Specialty Industrial Machinery	$123.92B	$310.18	-1.64%	$4.90B	38.48x	1.02
MMYT	MAKEMYTRIP LTD	NASDAQ	Travel Services	$6.97B	$62.81	-1.21%	N/A	133.64x	0.62
KAI	KADANT INC	NYSE	Specialty Industrial Machinery	$3.34B	$285.10	-2.04%	$199.97M	28.74x	0.52
J	JACOBS SOLUTIONS INC	NYSE	Engineering & Construction	$17.96B	$142.97	-1.39%	$1.31B	25.39x	1.23
ULH	UNIVERSAL LOGISTICS HOLDINGS INC	NASDAQ	Trucking	$836.11M	$31.78	-3.35%	$255.92M	9.00x	1.36
RSG	REPUBLIC SERVICES INC	NYSE	Waste Management	$59.45B	$188.95	0.78%	$4.30B	34.54x	1.98
HRI	HERC HOLDINGS INC	NYSE	Rental & Leasing Services	$4.32B	$152.53	-3.60%	$1.43B	12.52x	4.55
HURN	HURON CONSULTING GROUP INC	NASDAQ	Consulting Services	$1.66B	$91.24	0.63%	$134.73M	27.48x	1.37
VSEC	VSE CORP	NASDAQ	Aerospace & Defense	$1.21B	$76.67	-1.10%	$107.39M	27.68x	1.19
SITE	SITEONE LANDSCAPE SUPPLY INC	NYSE	Industrial Distribution	$7.25B	$160.69	-1.97%	$287.30M	41.85x	0.90
NVEE	NV5 GLOBAL INC	NASDAQ	Engineering & Construction	$1.45B	$90.87	-2.85%	$132.74M	30.70x	0.51
MARX	MARS ACQUISITION CORP	NASDAQ	Shell Companies	$99.42M	$10.70	0.00%	$2.59M	33.44x	0.00
WLDN	WILLDAN GROUP INC	NASDAQ	Engineering & Construction	$369.73M	$26.85	1.13%	$40.44M	32.74x	1.08

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 after the company 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.