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
LNZA	LANZATECH GLOBAL INC	NASDAQ	Waste Management	$425.73M	$2.17	-2.48%	-$127.12M	-2.74x	1.11
NVX	NOVONIX LTD	NASDAQ	Electrical Equipment & Parts	$276.13M	$2.26	-9.96%	N/A	-565.00x	0.43
SCS	STEELCASE INC	NYSE	Business Equipment & Supplies	$1.38B	$12.03	-2.12%	$216.60M	17.69x	1.52
ACA	ARCOSA INC	NYSE	Engineering & Construction	$3.69B	$76.02	-2.81%	$383.50M	23.25x	0.53
HWM	HOWMET AEROSPACE INC	NYSE	Aerospace & Defense	$27.39B	$66.75	-0.54%	$1.47B	36.08x	1.58
UPWK	UPWORK INC	NASDAQ	Staffing & Employment Services	$1.61B	$11.70	-0.26%	$61.60M	33.43x	1.72
CLIR	CLEARSIGN TECHNOLOGIES CORP	NASDAQ	Pollution & Treatment Controls	$30.84M	$0.79	-2.47%	-$5.09M	-6.08x	0.47
AMSC	AMERICAN SUPERCONDUCTOR CORP	NASDAQ	Specialty Industrial Machinery	$379.59M	$12.35	-1.28%	-$11.42M	-20.93x	1.09
GENC	GENCOR INDUSTRIES INC	NYSEMKT	Farm & Heavy Construction Machinery	$248.74M	$16.97	0.41%	$22.61M	16.01x	0.11
TATT	TAT TECHNOLOGIES LTD	NASDAQ	Aerospace & Defense	$122.44M	$12.12	2.71%	$11.64M	23.31x	0.61
AMPX	AMPRIUS TECHNOLOGIES INC	NYSE	Electrical Equipment & Parts	$171.29M	$1.87	-0.53%	-$33.82M	-4.35x	0.80
HLIO	HELIOS TECHNOLOGIES INC	NYSE	Specialty Industrial Machinery	$1.49B	$45.10	-2.68%	$144.20M	39.56x	0.86
NSC	NORFOLK SOUTHERN CORP	NYSE	Railroads	$52.03B	$230.32	-4.61%	$3.82B	36.97x	2.36
GVA	GRANITE CONSTRUCTION INC	NYSE	Engineering & Construction	$2.44B	$55.50	-0.39%	$184.60M	56.06x	1.83
GLDD	GREAT LAKES DREDGE & DOCK CORP	NASDAQ	Engineering & Construction	$439.71M	$6.60	-7.04%	$72.98M	31.43x	1.88
BLNK	BLINK CHARGING CO	NASDAQ	Engineering & Construction	$255.51M	$2.53	0.40%	-$184.08M	-0.79x	0.48
GBX	GREENBRIER COMPANIES INC	NYSE	Railroads	$1.54B	$49.39	-3.21%	$346.20M	13.99x	1.99
SYM	SYMBOTIC INC	NASDAQ	Specialty Industrial Machinery	$3.44B	$38.57	-4.20%	-$10.92M	-142.85x	7.18
XOS	XOS INC	NASDAQ	Farm & Heavy Construction Machinery	$59.60M	$7.69	4.63%	-$70.94M	-0.59x	1.07
VLRS	CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV	NYSE	Airlines	$215.41M	$8.19	-3.53%	$723.10M	117.00x	20.21
IIIN	INSTEEL INDUSTRIES INC	NYSE	Metal Fabrication	$625.15M	$32.10	-0.53%	$45.71M	25.68x	0.17
MNTX	MANITEX INTERNATIONAL INC	NASDAQ	Farm & Heavy Construction Machinery	$105.62M	$5.21	-3.34%	$24.16M	14.47x	2.53
ACTG	ACACIA RESEARCH CORP	NASDAQ	Business Equipment & Supplies	$486.49M	$4.87	-0.41%	$82.21M	6.67x	0.08
ENVX	ENOVIX CORP	NASDAQ	Electrical Equipment & Parts	$1.05B	$6.26	-3.54%	-$176.24M	-4.64x	1.18
KRNT	KORNIT DIGITAL LTD	NASDAQ	Specialty Industrial Machinery	$735.36M	$15.41	-2.47%	-$72.83M	-11.76x	0.09
ATMU	ATMUS FILTRATION TECHNOLOGIES INC	NYSE	Pollution & Treatment Controls	$2.52B	$30.29	-3.57%	$273.70M	14.70x	12.49
HTLD	HEARTLAND EXPRESS INC	NASDAQ	Trucking	$785.76M	$9.94	-0.20%	$243.08M	52.32x	0.75
RKLB	ROCKET LAB USA INC	NASDAQ	Aerospace & Defense	$1.84B	$3.76	-1.05%	-$139.14M	-9.89x	0.70
GFAI	GUARDFORCE AI CO LTD	NASDAQ	Security & Protection Services	$28.21M	$2.87	-4.33%	-$23.26M	-0.63x	0.82
HNI	HNI CORP	NYSE	Business Equipment & Supplies	$1.98B	$41.95	-2.42%	$214.80M	29.96x	1.48
HSON	HUDSON GLOBAL INC	NASDAQ	Staffing & Employment Services	$46.45M	$16.50	0.06%	$4.04M	22.92x	0.26
GTES	GATES INDUSTRIAL CORP PLC	NYSE	Specialty Industrial Machinery	$4.66B	$17.62	-0.51%	$641.90M	20.49x	1.15
FTEK	FUEL TECH INC	NASDAQ	Pollution & Treatment Controls	$38.29M	$1.26	-0.79%	-$1.11M	-25.20x	0.15
FLR	FLUOR CORP	NYSE	Engineering & Construction	$6.87B	$40.33	-1.27%	$509.00M	73.33x	2.54
GSL	GLOBAL SHIP LEASE INC	NYSE	Marine Shipping	$800.89M	$22.76	-1.00%	$433.42M	N/A	0.83
HQI	HIREQUEST INC	NASDAQ	Staffing & Employment Services	$179.48M	$12.82	0.08%	$11.66M	28.49x	0.66
MDU	MDU RESOURCES GROUP INC	NYSE	Conglomerates	$5.03B	$24.70	-1.20%	$802.09M	12.11x	1.70
FCEL	FUELCELL ENERGY INC	NASDAQ	Electrical Equipment & Parts	$419.33M	$0.93	-0.11%	-$70.58M	-3.57x	0.27
KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS INC	NASDAQ	Aerospace & Defense	$2.32B	$17.82	-4.50%	$65.20M	-254.57x	0.65
PANL	PANGAEA LOGISTICS SOLUTIONS LTD	NASDAQ	Marine Shipping	$336.39M	$7.20	-0.14%	$73.42M	12.20x	1.03
TTEK	TETRA TECH INC	NASDAQ	Engineering & Construction	$10.41B	$194.72	0.79%	$478.49M	44.76x	1.57
PRIM	PRIMORIS SERVICES CORP	NYSE	Engineering & Construction	$2.49B	$46.60	-1.81%	$362.88M	19.66x	2.10
WCC	WESCO INTERNATIONAL INC	NYSE	Industrial Distribution	$7.78B	$152.75	-3.41%	$1.56B	11.02x	1.99
CAE	CAE INC	NYSE	Aerospace & Defense	$6.14B	$19.29	-0.36%	$662.00M	29.95x	1.24
HUBG	HUB GROUP INC	NASDAQ	Integrated Freight & Logistics	$2.53B	$40.22	-0.69%	$407.09M	15.18x	0.80
TRN	TRINITY INDUSTRIES INC	NYSE	Railroads	$2.13B	$26.02	-3.84%	$673.70M	19.86x	7.36
WCN	WASTE CONNECTIONS INC	NYSE	Waste Management	$41.82B	$162.09	-1.55%	$2.33B	52.63x	1.45
CRGO	FREIGHTOS LTD	NASDAQ	Integrated Freight & Logistics	$133.63M	$2.79	-1.06%	-$62.38M	-1.90x	0.22
PRLB	PROTO LABS INC	NYSE	Metal Fabrication	$784.01M	$30.48	-2.81%	$65.48M	46.18x	0.11
AIR	AAR CORP	NYSE	Aerospace & Defense	$2.45B	$69.14	-0.10%	$137.60M	40.67x	0.73
GFL	GFL ENVIRONMENTAL INC	NYSE	Waste Management	$11.84B	$31.90	-2.18%	$1.72B	-332.29x	1.74
HI	HILLENBRAND INC	NYSE	Specialty Industrial Machinery	$3.35B	$47.72	-3.56%	$412.90M	39.44x	2.36
EXPO	EXPONENT INC	NASDAQ	Engineering & Construction	$4.65B	$91.91	-1.38%	$144.81M	46.89x	0.82
CODA	CODA OCTOPUS GROUP INC	NASDAQ	Aerospace & Defense	$74.30M	$6.65	-0.89%	$3.54M	31.67x	0.06
BLDE	BLADE AIR MOBILITY INC	NASDAQ	Airports & Air Services	$240.63M	$3.19	-4.20%	-$50.43M	-4.20x	0.26
GATX	GATX CORP	NYSE	Rental & Leasing Services	$4.36B	$122.36	-2.80%	$994.50M	17.41x	3.98
DXPE	DXP ENTERPRISES INC	NASDAQ	Industrial Distribution	$788.95M	$48.76	-2.77%	$170.18M	11.98x	2.09
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$306.05M	$1.69	0.60%	-$52.74M	-4.57x	0.06
MEG	MONTROSE ENVIRONMENTAL GROUP INC	NYSE	Waste Management	$1.32B	$43.42	0.37%	$31.93M	-27.66x	1.07
ULH	UNIVERSAL LOGISTICS HOLDINGS INC	NASDAQ	Trucking	$1.18B	$44.68	-1.48%	$255.92M	12.66x	1.36
OTIS	OTIS WORLDWIDE CORP	NYSE	Specialty Industrial Machinery	$36.87B	$91.20	-2.32%	$2.31B	26.13x	-2.91
IVAC	INTEVAC INC	NASDAQ	Specialty Industrial Machinery	$112.45M	$4.23	0.48%	-$6.24M	-11.13x	0.37
CMCO	COLUMBUS MCKINNON CORP	NASDAQ	Farm & Heavy Construction Machinery	$1.19B	$41.27	-2.16%	$158.82M	24.42x	1.11
NPWR	NET POWER INC	NYSE	Specialty Industrial Machinery	$2.33B	$10.90	0.18%	-$150.13M	-1.12x	0.18
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	NASDAQ	Electrical Equipment & Parts	$27.61M	$1.34	3.00%	$12.77M	7.05x	0.97
CDRE	CADRE HOLDINGS INC	NYSE	Aerospace & Defense	$1.25B	$33.35	-1.65%	$73.19M	32.38x	1.19
HEI	HEICO CORP	NYSE	Aerospace & Defense	$28.70B	$207.40	-0.08%	$783.98M	67.12x	1.12
PFMT	PERFORMANT FINANCIAL CORP	NASDAQ	Specialty Business Services	$204.61M	$2.66	-2.56%	$828.00k	-26.60x	0.23
CRESY	CRESUD INC	NASDAQ	Conglomerates	$566.09M	$9.54	1.38%	-$14.70M	4.58x	2.80
RYI	RYERSON HOLDING CORP	NYSE	Metal Fabrication	$980.29M	$28.55	-7.09%	$224.60M	10.81x	2.05
SHPW	SHAPEWAYS HOLDINGS INC	NASDAQ	Specialty Industrial Machinery	$10.12M	$1.53	-2.55%	-$40.88M	-0.24x	0.45
JOBY	JOBY AVIATION INC	NYSE	Airports & Air Services	$3.55B	$5.05	-2.70%	-$482.42M	-6.39x	0.23
TWIN	TWIN DISC INC	NASDAQ	Specialty Industrial Machinery	$225.05M	$16.08	-1.53%	$27.22M	19.61x	0.96
TRIP	TRIPADVISOR INC	NASDAQ	Travel Services	$3.63B	$26.33	-2.48%	$256.00M	376.14x	1.91
MARX	MARS ACQUISITION CORP	NASDAQ	Shell Companies	$99.84M	$10.75	-0.23%	$2.59M	33.58x	0.00
RDW	REDWIRE CORP	NYSE	Aerospace & Defense	$247.89M	$3.78	-0.53%	-$6.00M	-5.18x	-5.02
LXFR	LUXFER HOLDINGS PLC	NYSE	Specialty Industrial Machinery	$258.49M	$9.63	-3.12%	$16.00M	963.00x	0.84
EVLV	EVOLV TECHNOLOGIES HOLDINGS INC	NASDAQ	Security & Protection Services	$595.03M	$3.91	-3.69%	-$95.14M	-5.51x	1.04
DRS	LEONARDO DRS INC	NASDAQ	Aerospace & Defense	$5.65B	$21.52	-1.87%	$313.00M	33.63x	0.69
NCLH	NORWEGIAN CRUISE LINE HOLDINGS LTD	NYSE	Travel Services	$8.05B	$18.92	-1.36%	$1.77B	48.51x	63.80
BBCP	CONCRETE PUMPING HOLDINGS INC	NASDAQ	Engineering & Construction	$358.25M	$6.65	-3.90%	$120.31M	19.00x	1.82
HAFN	HAFNIA LTD	NYSE	Travel Services	N/A	$7.72	1.31%	$1.09B	4.92x	0.76
MTW	MANITOWOC CO INC	NYSE	Farm & Heavy Construction Machinery	$424.67M	$12.10	-5.62%	$137.90M	10.80x	1.83
POWW	AMMO INC	NASDAQ	Aerospace & Defense	$301.40M	$2.54	-1.55%	$3.57M	-16.93x	0.11
ENOV	ENOVIS CORP	NYSE	Specialty Industrial Machinery	$3.02B	$55.23	-1.20%	$190.31M	-90.54x	0.32
SKYW	SKYWEST INC	NASDAQ	Airlines	$2.94B	$73.03	-2.61%	$656.86M	25.90x	2.23
IVDA	IVEDA SOLUTIONS INC	NASDAQ	Security & Protection Services	$14.49M	$0.90	-2.82%	-$3.19M	-4.48x	0.25
TDG	TRANSDIGM GROUP INC	NYSE	Aerospace & Defense	$69.40B	$1,248.03	-0.85%	$3.36B	52.97x	-6.89
MMM	3M CO	NYSE	Conglomerates	$53.40B	$96.51	4.72%	-$7.43B	-7.59x	10.34
ADT	ADT INC	NYSE	Security & Protection Services	$5.92B	$6.50	-0.76%	$2.53B	8.78x	3.27
ACAB	ATLANTIC COASTAL ACQUISITION CORP II	NASDAQ	Shell Companies	$87.96M	$10.77	0.00%	$4.00M	71.80x	-2.90
NKLA	NIKOLA CORP	NASDAQ	Farm & Heavy Construction Machinery	$829.42M	$0.62	-4.90%	-$854.36M	-0.51x	0.77
BHAC	FOCUS IMPACT BH3 ACQUISITION CO	NASDAQ	Shell Companies	$85.11M	$10.57	-0.09%	$8.39M	19.94x	-1.86
SPXC	SPX TECHNOLOGIES INC	NYSE	Specialty Industrial Machinery	$5.57B	$121.81	-0.60%	$221.90M	61.83x	1.04
CBZ	CBIZ INC	NYSE	Specialty Business Services	$3.57B	$71.18	-1.10%	$228.86M	28.36x	1.53
BCO	BRINKS CO	NYSE	Security & Protection Services	$3.88B	$87.46	-2.96%	$706.50M	46.03x	15.30
FERG	FERGUSON PLC	NYSE	Industrial Distribution	$42.57B	$209.90	-2.44%	$2.81B	2,440.70x	1.90
PNR	PENTAIR PLC	NYSE	Specialty Industrial Machinery	$13.13B	$79.09	-1.81%	$848.10M	20.87x	N/A
CVV	CVD EQUIPMENT CORP	NASDAQ	Specialty Industrial Machinery	$30.37M	$4.45	-0.45%	-$3.38M	-7.18x	0.34
GLBS	GLOBUS MARITIME LTD	NASDAQ	Marine Shipping	$38.80M	$1.89	-0.79%	$18.54M	7.25x	0.32

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	-0.52%	+0.92%	+0.60%	+9.76%	24.20x	5.39x	+12.93%	+4.31%	+10.82%	+7.33%	Buy
Airlines	18	-2.66%	-4.86%	-5.58%	+4.98%	14.77x	2.85x	+22.42%	+4.84%	+12.14%	+26.51%	Buy
Airports & Air Services	12	-2.46%	+2.51%	+8.93%	+6.03%	11.14x	4.73x	+3.59%	+5.49%	+13.16%	-7.90%	Strong Buy
Business Equipment & Supplies	5	-1.69%	-1.73%	-5.30%	+35.12%	17.31x	1.43x	+8.74%	+4.52%	+8.56%	+32.65%	Strong Buy
Conglomerates	20	+0.23%	+0.21%	+1.59%	-15.45%	14.07x	4.86x	-11.01%	+1.99%	+8.63%	+25.74%	Strong Buy
Consulting Services	14	-1.25%	-0.47%	-5.19%	+15.85%	30.49x	7.36x	+80.13%	+7.25%	+15.20%	+18.71%	Buy
Electrical Equipment & Parts	56	-3.64%	-1.22%	-4.02%	+29.46%	38.02x	4.18x	+18.50%	+6.37%	+12.35%	+13.34%	Buy
Engineering & Construction	41	-1.62%	+2.14%	-1.95%	+53.04%	34.78x	4.21x	+12.61%	+5.27%	+13.10%	+8.73%	Strong Buy
Farm & Heavy Construction Machinery	27	-3.30%	-4.53%	-6.87%	+12.56%	13.42x	4.63x	+43.86%	+10.66%	+15.33%	+12.95%	Buy
Industrial Distribution	18	-1.58%	-1.58%	-6.78%	+27.12%	504.57x	6.73x	+34.36%	+15.55%	+28.35%	+11.59%	Buy
Infrastructure Operations	2	-2.62%	-2.65%	-3.52%	-0.33%	63.71x	7.58x	+12.90%	+2.81%	+10.73%	-15.18%	Hold
Integrated Freight & Logistics	20	-1.19%	-1.39%	-7.24%	-13.50%	18.49x	3.98x	+25.85%	+8.38%	+15.94%	+15.44%	Buy
Marine Shipping	38	-0.81%	+2.23%	+2.75%	+38.10%	15.96x	1.01x	+7.32%	+4.41%	+7.15%	+19.19%	Strong Buy
Metal Fabrication	19	-0.22%	-0.20%	-1.15%	+28.90%	19.55x	3.03x	+17.40%	+8.60%	+14.27%	+11.63%	Buy
Pollution & Treatment Controls	16	-3.49%	-1.71%	-1.41%	+22.44%	12.04x	7.27x	+10.83%	+2.85%	+5.36%	+18.69%	Buy
Railroads	11	-2.68%	-2.61%	-4.24%	+19.33%	24.30x	4.49x	+27.02%	+7.75%	+10.46%	+12.18%	Buy
Rental & Leasing Services	23	-5.14%	-2.09%	-8.07%	+29.14%	15.19x	2.24x	+11.13%	+6.26%	+7.90%	+9.35%	Buy
Security & Protection Services	24	-3.24%	-3.31%	-4.99%	+21.03%	19.42x	2.91x	+23.61%	+8.02%	+14.57%	+17.81%	Strong Buy
Shell Companies	203	-0.43%	+0.03%	-0.03%	+4.33%	32.32x	-14.49x	-30.22%	+0.96%	-2.45%	N/A
Specialty Business Services	39	-1.44%	-2.52%	-4.87%	+20.74%	34.85x	4.71x	+26.97%	+11.80%	+19.88%	+13.19%	Buy
Specialty Industrial Machinery	75	-2.11%	-1.83%	-4.32%	+26.22%	31.86x	5.08x	+21.81%	+8.58%	+15.81%	+11.88%	Buy
Staffing & Employment Services	26	-1.57%	-4.65%	-6.64%	-1.40%	26.99x	9.30x	+68.67%	+8.39%	+45.05%	+10.95%	Buy
Tools & Accessories	12	-0.96%	-2.00%	-7.80%	+1.54%	3.32x	2.68x	+16.64%	+7.80%	+13.84%	+9.72%	Buy
Travel Services	19	-1.84%	-2.00%	-3.17%	+30.69%	31.31x	8.97x	-164.42%	+13.79%	+29.31%	+13.42%	Buy
Trucking	16	-4.22%	-17.13%	-20.81%	+21.69%	47.08x	3.63x	+20.74%	+13.59%	+19.93%	+30.54%	Buy
Waste Management	20	-1.48%	-2.57%	-3.15%	+18.23%	19.14x	5.75x	+20.60%	+5.47%	+9.79%	+11.01%	Buy

Industrial Stocks FAQ

What are the best industrial stocks to buy right now in May 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 34.49% over the past year, overperforming other industrial stocks by 19 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 17.63% from Danaos's current stock price of $76.51.

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 5.72% over the past year, underperforming other industrial stocks by -10 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 21.27% from Kanzhun's current stock price of $19.79.

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 -24% over the past year, underperforming other industrial stocks by -40 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 17.65% from Resources Connection's current stock price of $11.05.

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. 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 2.24%.

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. 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 2.24%. Cnh Industrial Nv's dividend payout is not stable, having dropped more than 10% three 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.

3. Spirit Airlines (NYSE:SAVE)

Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 28.33%, which is 26 percentage points higher than the industrial sector average of 2.24%.

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 -1.71% in the last day, and down -1.53% over the last week. H&E Equipment Services was the among the top losers in the industrials sector, dropping -18.46% yesterday.

H&E Equipment shares are trading lower following mixed 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. 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 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 126.81% in the past year. It has overperformed other stocks in the industrial sector by 111 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 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -24% in the past year. It has underperformed other stocks in the industrial sector by -40 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 100, which is 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 72.43% in the past year. It has overperformed other stocks in the industrial sector by 57 percentage points.

Are industrial stocks a good buy now?

46.38% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 12.37% 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 44.07x.

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.