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
NSP	INSPERITY INC	NYSE	Staffing & Employment Services	$4.08B	$109.52	0.80%	$294.92M	24.18x	21.64
HXL	HEXCEL CORP	NYSE	Aerospace & Defense	$5.26B	$63.24	-0.52%	$266.00M	53.14x	0.73
CASS	CASS INFORMATION SYSTEMS INC	NASDAQ	Specialty Business Services	$596.61M	$43.71	1.65%	$46.80M	19.69x	9.79
ULBI	ULTRALIFE CORP	NASDAQ	Electrical Equipment & Parts	$143.58M	$8.73	3.80%	$15.08M	19.84x	0.42
ARMK	ARAMARK	NYSE	Specialty Business Services	$8.54B	$32.55	1.40%	$1.77B	13.51x	3.36
DSX	DIANA SHIPPING INC	NYSE	Marine Shipping	$326.76M	$2.89	-1.03%	$148.96M	6.57x	1.39
NVT	NVENT ELECTRIC PLC	NYSE	Electrical Equipment & Parts	$12.17B	$73.72	1.65%	$720.30M	21.56x	0.96
SEB	SEABOARD CORP	NYSEMKT	Conglomerates	$3.19B	$3,285.92	0.05%	$447.00M	16.25x	0.64
PKE	PARK AEROSPACE CORP	NYSE	Aerospace & Defense	$309.27M	$15.27	2.55%	$10.47M	32.49x	0.14
GTLS	CHART INDUSTRIES INC	NYSE	Specialty Industrial Machinery	$6.47B	$152.95	-0.37%	$553.30M	318.65x	2.21
UNP	UNION PACIFIC CORP	NYSE	Railroads	$141.46B	$231.98	-1.82%	$11.89B	22.16x	3.54
BKNG	BOOKING HOLDINGS INC	NASDAQ	Travel Services	$120.20B	$3,517.52	-0.47%	$7.04B	29.64x	-9.87
BBU	BROOKFIELD BUSINESS PARTNERS LP	NYSE	Conglomerates	$1.45B	$19.58	-0.86%	$7.70B	3.02x	10.11
AMRC	AMERESCO INC	NYSE	Engineering & Construction	$1.11B	$21.29	1.91%	$102.75M	17.74x	3.09
VRRM	VERRA MOBILITY CORP	NASDAQ	Infrastructure Operations	$4.03B	$24.28	-0.53%	$286.77M	67.44x	3.25
ERII	ENERGY RECOVERY INC	NASDAQ	Pollution & Treatment Controls	$797.96M	$13.98	0.65%	$28.45M	36.79x	0.15
TXT	TEXTRON INC	NYSE	Aerospace & Defense	$18.13B	$94.01	-1.33%	$1.56B	20.39x	1.41
CLH	CLEAN HARBORS INC	NYSE	Waste Management	$10.57B	$196.00	-2.50%	$977.64M	28.04x	1.84
DAL	DELTA AIR LINES INC	NYSE	Airlines	$30.94B	$47.94	-2.62%	$9.39B	6.12x	5.72
OFLX	OMEGA FLEX INC	NASDAQ	Specialty Industrial Machinery	$681.37M	$67.50	0.00%	$27.45M	32.77x	0.27
EXPD	EXPEDITORS INTERNATIONAL OF WASHINGTON INC	NYSE	Integrated Freight & Logistics	$16.24B	$112.87	-0.18%	$1.09B	22.35x	0.89
MSSA	METAL SKY STAR ACQUISITION CORP	NASDAQ	Shell Companies	$71.63M	$11.18	0.09%	$2.72M	5.70x	-1.00
RBC	RBC BEARINGS INC	NYSE	Tools & Accessories	$7.15B	$244.89	-0.42%	$461.10M	40.54x	0.74
MEC	MAYVILLE ENGINEERING COMPANY INC	NYSE	Metal Fabrication	$277.17M	$13.61	-1.52%	$58.90M	35.82x	1.16
EFX	EQUIFAX INC	NYSE	Consulting Services	$27.90B	$225.71	0.56%	$1.60B	49.83x	1.65
IR	INGERSOLL RAND INC	NYSE	Specialty Industrial Machinery	$37.32B	$92.50	2.13%	$1.63B	48.18x	0.58
PL	PLANET LABS PBC	NYSE	Aerospace & Defense	$528.93M	$1.82	2.82%	-$92.06M	-3.64x	0.36
EXPO	EXPONENT INC	NASDAQ	Engineering & Construction	$4.08B	$80.60	0.30%	$144.81M	41.12x	0.82
PSHG	PERFORMANCE SHIPPING INC	NASDAQ	Marine Shipping	$24.68M	$2.01	-1.95%	$81.32M	0.37x	0.27
CAR	AVIS BUDGET GROUP INC	NASDAQ	Rental & Leasing Services	$3.66B	$103.30	0.66%	$5.66B	2.43x	-94.30
ACTG	ACACIA RESEARCH CORP	NASDAQ	Business Equipment & Supplies	$497.48M	$4.98	0.20%	$82.21M	6.82x	0.08
GFF	GRIFFON CORP	NYSE	Conglomerates	$3.45B	$67.81	-1.84%	$270.06M	47.09x	7.40
SGRP	SPAR GROUP INC	NASDAQ	Specialty Business Services	$42.38M	$1.75	-1.13%	$11.05M	10.29x	1.77
VSEC	VSE CORP	NASDAQ	Aerospace & Defense	$1.24B	$78.61	1.12%	$107.39M	28.38x	1.19
TRIP	TRIPADVISOR INC	NASDAQ	Travel Services	$3.61B	$26.15	0.11%	$256.00M	373.57x	1.91
DLB	DOLBY LABORATORIES INC	NYSE	Specialty Business Services	$7.61B	$79.58	0.53%	$286.15M	40.40x	0.24
HRI	HERC HOLDINGS INC	NYSE	Rental & Leasing Services	$4.36B	$153.76	0.17%	$1.46B	12.63x	4.51
ATKR	ATKORE INC	NYSE	Electrical Equipment & Parts	$6.59B	$179.11	-0.48%	$970.93M	10.58x	0.95
RTO	RENTOKIL INITIAL PLC	NYSE	Specialty Business Services	$13.45B	$26.66	-0.30%	$1.48B	0.27x	1.72
CBZ	CBIZ INC	NYSE	Specialty Business Services	$3.92B	$78.33	0.33%	$222.70M	32.37x	1.58
CBAT	CBAK ENERGY TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$94.42M	$1.05	3.96%	$9.94M	-35.00x	1.49
CNM	CORE & MAIN INC	NYSE	Industrial Distribution	$11.31B	$56.16	0.34%	$734.00M	26.12x	2.44
GE	GENERAL ELECTRIC CO	NYSE	Specialty Industrial Machinery	$174.25B	$159.19	-2.11%	$7.94B	51.52x	4.45
HUBG	HUB GROUP INC	NASDAQ	Integrated Freight & Logistics	$2.51B	$39.99	-0.87%	$407.09M	15.09x	0.80
BYRN	BYRNA TECHNOLOGIES INC	NASDAQ	Aerospace & Defense	$292.62M	$12.87	-0.54%	-$3.77M	-47.67x	0.22
XMTR	XOMETRY INC	NASDAQ	Specialty Industrial Machinery	$775.28M	$16.89	-2.82%	-$37.95M	-11.98x	1.15
GRNQ	GREENPRO CAPITAL CORP	NASDAQ	Consulting Services	$9.09M	$1.21	-3.97%	$1.32M	8.64x	0.38
BWXT	BWX TECHNOLOGIES INC	NYSE	Aerospace & Defense	$8.60B	$94.15	0.48%	$446.53M	35.13x	1.94
CMPO	COMPOSECURE INC	NASDAQ	Metal Fabrication	$531.52M	$6.60	-0.15%	$54.73M	6.41x	-0.51
TRI	THOMSON REUTERS CORP	NYSE	Specialty Business Services	$69.14B	$152.63	-0.63%	$3.38B	26.27x	0.69
FPAY	FLEXSHOPPER INC	NASDAQ	Rental & Leasing Services	$23.27M	$1.07	-1.38%	$77.86M	-2.82x	4.35
MATX	MATSON INC	NYSE	Marine Shipping	$3.73B	$108.23	0.09%	$671.60M	12.85x	0.79
EH	EHANG HOLDINGS LTD	NASDAQ	Aerospace & Defense	$1.11B	$17.48	0.75%	-$38.34M	-25.48x	1.80
SCS	STEELCASE INC	NYSE	Business Equipment & Supplies	$1.39B	$12.10	-2.58%	$216.60M	17.79x	1.52
ERJ	EMBRAER SA	NYSE	Aerospace & Defense	$4.49B	$24.46	0.74%	$684.00M	27.80x	2.78
TRNS	TRANSCAT INC	NASDAQ	Industrial Distribution	$982.42M	$111.27	-3.23%	$29.04M	83.66x	0.29
GWH	ESS TECH INC	NYSE	Electrical Equipment & Parts	$123.13M	$0.70	0.72%	-$69.83M	-1.47x	0.39
AQMS	AQUA METALS INC	NASDAQ	Waste Management	$53.96M	$0.48	-6.95%	-$22.05M	-1.93x	0.29
HAYW	HAYWARD HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.91B	$13.59	-0.80%	$227.73M	35.76x	1.25
CP	CANADIAN PACIFIC KANSAS CITY LTD	NYSE	Railroads	$76.42B	$81.93	-6.60%	-$268.12M	26.99x	0.89
BLDP	BALLARD POWER SYSTEMS INC	NASDAQ	Specialty Industrial Machinery	$759.30M	$2.54	-2.68%	-$162.93M	-4.31x	0.09
RYI	RYERSON HOLDING CORP	NYSE	Metal Fabrication	$1.06B	$31.25	-1.45%	$290.20M	7.49x	1.83
AGX	ARGAN INC	NYSE	Engineering & Construction	$810.43M	$61.21	-0.68%	$53.24M	25.29x	1.06
RTX	RTX CORP	NYSE	Aerospace & Defense	$134.31B	$101.02	-0.36%	$9.50B	39.77x	1.62
MNTX	MANITEX INTERNATIONAL INC	NASDAQ	Farm & Heavy Construction Machinery	$113.33M	$5.59	2.95%	$24.16M	15.53x	2.53
CTAS	CINTAS CORP	NASDAQ	Specialty Business Services	$67.38B	$664.13	-0.33%	$2.43B	45.12x	1.12
MSM	MSC INDUSTRIAL DIRECT CO INC	NYSE	Industrial Distribution	$5.26B	$93.42	0.17%	$537.13M	16.68x	0.79
SPCE	VIRGIN GALACTIC HOLDINGS INC	NYSE	Aerospace & Defense	$348.03M	$0.87	-5.43%	-$475.64M	-0.58x	1.33
RGR	STURM RUGER & CO INC	NYSE	Aerospace & Defense	$819.97M	$46.42	-1.00%	$81.41M	17.00x	0.20
NKLA	NIKOLA CORP	NASDAQ	Farm & Heavy Construction Machinery	$828.08M	$0.62	-2.36%	-$854.36M	-0.51x	0.77
JOB	GEE GROUP INC	NYSEMKT	Staffing & Employment Services	$35.89M	$0.33	3.77%	$4.88M	4.71x	0.11
RAYA	ERAYAK POWER SOLUTION GROUP INC	NASDAQ	Electrical Equipment & Parts	$8.12M	$0.65	1.40%	$2.72M	6.52x	0.75
CRS	CARPENTER TECHNOLOGY CORP	NYSE	Metal Fabrication	$3.97B	$80.40	-0.14%	$367.20M	27.53x	1.14
SUGP	SU GROUP HOLDINGS LTD	NASDAQ	Security & Protection Services	$24.84M	$2.07	-6.33%	N/A	19.90x	1.03
TNL	TRAVEL & LEISURE CO	NYSE	Travel Services	$3.30B	$46.24	0.39%	$882.00M	8.50x	-8.57
ASTC	ASTROTECH CORP	NASDAQ	Aerospace & Defense	$15.68M	$9.22	-1.71%	-$9.59M	-1.47x	0.06
CISS	C3IS INC	NASDAQ	Marine Shipping	$104.41k	$1.43	13.94%	$14.76M	0.01x	0.72
ALK	ALASKA AIR GROUP INC	NYSE	Airlines	$5.58B	$44.23	-1.89%	$895.00M	24.04x	2.55
CTRM	CASTOR MARITIME INC	NASDAQ	Marine Shipping	$31.50M	$3.26	-0.61%	$72.16M	0.84x	0.31
SVII	SPRING VALLEY ACQUISITION CORP II	NASDAQ	Shell Companies	$247.34M	$11.03	0.00%	$10.97M	30.64x	-1.19
CNHI	CNH INDUSTRIAL NV	NYSE	Farm & Heavy Construction Machinery	$18.55B	$11.40	-1.55%	$4.87B	6.40x	4.70
CODI	COMPASS DIVERSIFIED HOLDINGS	NYSE	Conglomerates	$1.75B	$23.22	0.04%	$419.34M	9.44x	1.73
PKOH	PARK OHIO HOLDINGS CORP	NASDAQ	Specialty Industrial Machinery	$313.26M	$23.96	0.21%	$93.10M	38.03x	3.75
VCIG	VCI GLOBAL LTD	NASDAQ	Consulting Services	$40.65M	$1.12	-3.45%	$5.02M	7.18x	0.16
HQI	HIREQUEST INC	NASDAQ	Staffing & Employment Services	$172.90M	$12.35	0.00%	$11.66M	27.44x	0.66
GOGL	GOLDEN OCEAN GROUP LTD	NASDAQ	Marine Shipping	$2.71B	$13.59	1.57%	$356.64M	24.27x	0.82
ZIP	ZIPRECRUITER INC	NYSE	Staffing & Employment Services	$1.05B	$10.62	1.92%	$115.78M	21.67x	77.84
YTRA	YATRA ONLINE INC	NASDAQ	Travel Services	$80.46M	$1.25	-3.10%	N/A	-21.19x	0.84
BAH	BOOZ ALLEN HAMILTON HOLDING CORP	NYSE	Consulting Services	$18.73B	$144.39	-1.08%	$943.73M	46.43x	4.96
LTBR	LIGHTBRIDGE CORP	NASDAQ	Electrical Equipment & Parts	$36.11M	$2.59	3.60%	-$7.91M	-3.98x	0.02
MGRC	MCGRATH RENTCORP	NASDAQ	Rental & Leasing Services	$2.66B	$108.53	0.56%	$362.17M	15.20x	1.37
LEV	LION ELECTRIC CO	NYSE	Farm & Heavy Construction Machinery	$212.53M	$0.95	1.82%	-$59.80M	-2.07x	1.34
EVI	EVI INDUSTRIES INC	NYSEMKT	Industrial Distribution	$262.23M	$20.69	-2.68%	$20.33M	41.38x	0.88
R	RYDER SYSTEM INC	NYSE	Rental & Leasing Services	$5.36B	$122.19	0.15%	$2.85B	15.57x	4.38
MMS	MAXIMUS INC	NYSE	Specialty Business Services	$4.93B	$80.82	-0.20%	$471.69M	26.59x	1.34
LNZA	LANZATECH GLOBAL INC	NASDAQ	Waste Management	$439.50M	$2.24	-15.02%	-$127.12M	-2.83x	1.11
SWBI	SMITH & WESSON BRANDS INC	NASDAQ	Aerospace & Defense	$776.74M	$17.07	-0.32%	$69.18M	29.94x	0.52
FC	FRANKLIN COVEY CO	NYSE	Consulting Services	$525.07M	$39.58	-1.79%	$37.44M	30.92x	2.13
ATI	ATI INC	NYSE	Metal Fabrication	$6.29B	$49.22	0.24%	$521.50M	15.33x	2.55
HURC	HURCO COMPANIES INC	NASDAQ	Specialty Industrial Machinery	$123.35M	$18.96	0.16%	$6.91M	86.18x	0.29

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	71	-0.32%	+1.93%	-0.33%	+6.34%	23.99x	5.32x	+12.81%	+4.31%	+10.95%	+7.84%	Buy
Airlines	18	-2.77%	+1.43%	-2.17%	+8.37%	15.62x	2.87x	+21.13%	+4.72%	+11.84%	+23.52%	Buy
Airports & Air Services	12	-0.30%	+10.73%	+8.96%	+4.11%	12.19x	4.78x	+0.05%	+5.09%	+12.20%	-8.43%	Strong Buy
Business Equipment & Supplies	5	-0.96%	+3.17%	-4.61%	+33.28%	20.78x	1.45x	+7.98%	+4.26%	+7.96%	+46.61%	Buy
Conglomerates	20	-0.12%	+5.91%	+1.19%	-15.94%	14.88x	4.90x	+0.75%	+2.47%	+5.42%	+23.84%	Strong Buy
Consulting Services	14	-0.13%	+1.00%	-4.26%	+15.95%	33.18x	7.42x	+81.30%	+7.27%	+15.38%	+18.15%	Buy
Electrical Equipment & Parts	56	+0.40%	+2.46%	-0.42%	+34.32%	31.98x	4.05x	+20.50%	+7.15%	+13.21%	+11.44%	Buy
Engineering & Construction	41	-0.27%	+1.94%	-2.94%	+51.70%	35.13x	4.16x	+12.24%	+5.11%	+12.76%	+10.85%	Strong Buy
Farm & Heavy Construction Machinery	27	-0.28%	+0.58%	-1.32%	+16.55%	14.43x	4.90x	+44.02%	+10.71%	+15.71%	+6.53%	Buy
Industrial Distribution	18	+0.76%	+2.78%	-4.56%	+31.45%	495.16x	6.87x	+35.28%	+15.75%	+27.87%	+7.58%	Buy
Infrastructure Operations	2	-0.54%	+2.21%	-2.77%	+3.47%	65.71x	7.79x	+13.01%	+2.83%	+10.75%	-17.63%	Hold
Integrated Freight & Logistics	20	-0.98%	+1.40%	-6.78%	-14.04%	18.35x	3.99x	+25.99%	+8.44%	+15.95%	+14.47%	Buy
Marine Shipping	38	-0.22%	+2.58%	+1.31%	+31.69%	16.19x	0.97x	+7.39%	+4.35%	+7.15%	+22.65%	Strong Buy
Metal Fabrication	19	-0.53%	+1.76%	+0.38%	+27.60%	18.76x	2.93x	+17.36%	+8.79%	+14.48%	+12.67%	Buy
Pollution & Treatment Controls	16	-0.64%	+1.12%	+1.15%	+27.61%	13.29x	7.34x	+10.78%	+2.74%	+5.38%	+17.28%	Buy
Railroads	11	-1.09%	+1.62%	-1.80%	+18.75%	24.63x	4.56x	+27.52%	+7.71%	+10.38%	+9.40%	Buy
Rental & Leasing Services	23	-0.08%	+2.35%	-4.92%	+29.27%	15.24x	2.27x	+12.18%	+6.29%	+7.73%	+6.16%	Buy
Security & Protection Services	24	+0.25%	+2.70%	-1.10%	+24.95%	39.03x	3.00x	+19.73%	+6.25%	+13.21%	+12.77%	Buy
Shell Companies	207	-0.29%	+0.02%	+0.06%	+4.29%	35.99x	-14.41x	-23.39%	+0.96%	-1.05%	N/A
Specialty Business Services	39	-0.01%	+1.53%	+0.05%	+22.96%	35.35x	4.79x	+26.83%	+11.74%	+19.81%	+10.07%	Buy
Specialty Industrial Machinery	74	-0.43%	+1.79%	-2.15%	+29.03%	32.98x	4.96x	+22.74%	+8.92%	+16.32%	+9.94%	Buy
Staffing & Employment Services	26	+0.05%	+2.50%	-1.20%	+3.84%	27.65x	9.66x	+67.45%	+8.45%	+45.02%	+6.19%	Buy
Tools & Accessories	12	-0.16%	-0.05%	-5.46%	+5.42%	4.06x	2.72x	+17.50%	+8.03%	+14.15%	+7.38%	Buy
Travel Services	18	-0.29%	+2.60%	-2.77%	+33.93%	32.29x	9.61x	-164.72%	+13.72%	+29.11%	+11.33%	Buy
Trucking	16	-4.50%	-2.44%	-8.23%	+36.04%	50.01x	3.99x	+20.93%	+13.79%	+20.25%	+13.85%	Buy
Waste Management	20	-0.25%	+2.27%	-0.67%	+22.54%	17.48x	5.89x	+19.68%	+5.25%	+9.59%	+7.36%	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. Kanzhun (NASDAQ:BZ)

Kanzhun (NASDAQ:BZ) 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 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 14.89% over the past year, underperforming other industrial stocks by -2 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 25.46% from Kanzhun's current stock price of $19.13.

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.

2. Danaos (NYSE:DAC)

Danaos (NYSE:DAC) 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 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 26.19% over the past year, overperforming other industrial stocks by 9 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 21.77% from Danaos's current stock price of $73.91.

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.

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 -24.63% over the past year, underperforming other industrial stocks by -42 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 15.76% from Resources Connection's current stock price of $11.23.

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

1. Cnh Industrial Nv (NYSE:CNHI)

Cnh Industrial Nv (NYSE:CNHI) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.22%. Cnh Industrial Nv's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Cnh Industrial Nv's dividend has shown consistent growth over the last 10 years.

Cnh Industrial Nv's dividend payout ratio of 22.4% indicates that its dividend yield is sustainable for the long-term.

2. 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 2.22%.

Zim Integrated Shipping Services's dividend payout ratio of -28.5% 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 27.17%, which is 25 percentage points higher than the industrial sector average of 2.22%.

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

Why are industrial stocks down?

Industrial stocks were down -0.35% in the last day, and up 2.14% over the last week. Old Dominion Freight Line was the among the top losers in the industrials sector, dropping -11.05% yesterday.

Old Dominion Freight Line shares are trading lower following a Q1 revenue miss.

What are the most undervalued industrial stocks?

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

1. United Airlines Holdings (NASDAQ:UAL)

United Airlines Holdings (NASDAQ:UAL) is the 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 19.9% in the past year. It has overperformed other stocks in the industrial sector by 3 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 -24.63% in the past year. It has underperformed other stocks in the industrial sector by -42 percentage points.

3. Stealthgas (NASDAQ:GASS)

Stealthgas (NASDAQ:GASS) is the third 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 125% in the past year. It has overperformed other stocks in the industrial sector by 108 percentage points.

Are industrial stocks a good buy now?

46.63% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 10.16% 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 44.41x.

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.