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

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
VRRM	VERRA MOBILITY CORP	$4.67B	18.80%	4.50%	12.25%	14.00%	2.94	2.75	94.80%	9.80%	23.61%
GBX	GREENBRIER COMPANIES INC	$1.59B	8.70%	2.80%	N/A	4.80%	1.99	N/A	13.40%	3.00%	6.40%
TRI	THOMSON REUTERS CORP	$77.20B	21.80%	12.50%	18.58%	40.50%	0.71	0.97	100.00%	34.90%	40.90%
VLRS	CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV	$223.30M	3.30%	0.20%	6.43%	3.90%	20.21	0.77	42.60%	0.20%	6.96%
MNTX	MANITEX INTERNATIONAL INC	$144.18M	14.50%	3.80%	9.34%	7.50%	2.45	1.57	21.80%	3.20%	5.15%
WLDN	WILLDAN GROUP INC	$442.70M	6.60%	3.20%	8.53%	12.80%	0.99	1.79	35.10%	2.40%	4.89%
TRN	TRINITY INDUSTRIES INC	$2.52B	12.30%	1.40%	N/A	3.00%	7.43	N/A	18.70%	4.00%	13.62%
RBC	RBC BEARINGS INC	$8.68B	7.00%	4.00%	7.77%	14.40%	0.70	3.28	43.00%	12.00%	21.82%
ALK	ALASKA AIR GROUP INC	$5.57B	6.10%	1.60%	4.73%	4.20%	2.73	0.65	54.60%	2.30%	4.51%
GWH	ESS TECH INC	$141.68M	-73.10%	-53.50%	-71.31%	-86.90%	0.41	4.94	-219.20%	-746.90%	-746.89%
PKOH	PARK OHIO HOLDINGS CORP	$342.32M	4.10%	0.80%	6.65%	4.50%	3.83	2.25	16.70%	0.70%	4.06%
ASTC	ASTROTECH CORP	$16.43M	-26.80%	-25.20%	-29.20%	-36.50%	0.07	15.34	45.10%	-550.20%	-550.25%
GNK	GENCO SHIPPING & TRADING LTD	$996.12M	0.40%	0.30%	1.31%	1.20%	0.22	3.72	38.50%	0.80%	3.46%
TTEK	TETRA TECH INC	$11.70B	17.80%	6.70%	15.28%	27.30%	1.57	1.24	16.10%	5.40%	8.88%
WBX	WALLBOX NV	$310.51M	-70.30%	-24.80%	-36.53%	-37.20%	2.23	1.35	33.60%	-78.00%	-74.38%
FCEL	FUELCELL ENERGY INC	$353.36M	-16.70%	-12.20%	-11.58%	-14.60%	0.27	8.26	-26.70%	-108.70%	-97.72%
CRS	CARPENTER TECHNOLOGY CORP	$5.45B	9.10%	4.20%	8.04%	7.20%	1.11	3.21	18.90%	4.80%	8.05%
SUGP	SU GROUP HOLDINGS LTD	$32.40M	20.30%	9.40%	20.34%	35.60%	1.03	1.78	29.30%	6.00%	7.45%
OMAB	CENTRAL NORTH AIRPORT GROUP	$4.35B	55.60%	20.70%	36.55%	29.80%	1.59	1.98	70.20%	34.70%	57.55%
OFLX	OMEGA FLEX INC	$678.04M	24.80%	19.80%	27.84%	60.40%	0.25	5.37	60.80%	18.00%	22.12%
TATT	TAT TECHNOLOGIES LTD	$137.70M	5.70%	3.50%	6.52%	6.00%	0.61	2.40	19.70%	4.10%	6.09%
NSC	NORFOLK SOUTHERN CORP	$52.03B	11.20%	3.50%	6.48%	4.70%	2.36	0.68	66.10%	11.80%	20.83%
EVI	EVI INDUSTRIES INC	$273.02M	4.10%	2.20%	7.18%	10.60%	0.79	1.53	29.60%	1.50%	3.35%
TWI	TITAN INTERNATIONAL INC	$630.33M	11.30%	4.00%	7.24%	7.50%	1.88	2.33	16.40%	3.20%	5.44%
BLDE	BLADE AIR MOBILITY INC	$253.69M	-20.20%	-16.50%	-19.83%	-26.90%	0.20	8.35	19.50%	-21.70%	-22.24%
PFMT	PERFORMANT FINANCIAL CORP	$238.56M	-9.30%	-7.30%	-6.81%	-15.60%	0.28	2.75	100.00%	-6.30%	-5.13%
WCN	WASTE CONNECTIONS INC	$42.72B	10.40%	4.40%	7.48%	9.00%	1.45	0.75	41.20%	9.70%	15.93%
RBA	RB GLOBAL INC	$13.82B	6.10%	2.50%	6.78%	10.10%	1.28	1.29	47.50%	7.20%	16.94%
ARQ	ARQ INC	$234.91M	-4.60%	-3.50%	-2.26%	-2.60%	0.31	3.28	36.20%	-8.20%	-4.70%
FLUX	FLUX POWER HOLDINGS INC	$50.30M	-93.70%	-19.20%	-76.12%	-26.20%	5.79	1.10	29.30%	-11.00%	-8.44%
MEG	MONTROSE ENVIRONMENTAL GROUP INC	$1.67B	-14.00%	-5.30%	-2.75%	-5.10%	1.54	1.63	38.50%	-6.90%	-3.36%
MDU	MDU RESOURCES GROUP INC	$5.27B	16.80%	6.10%	9.47%	7.50%	1.63	1.43	19.10%	10.70%	14.75%
UPWK	UPWORK INC	$1.54B	14.00%	4.90%	6.97%	5.80%	1.87	2.93	75.80%	6.70%	6.89%
AMSC	AMERICAN SUPERCONDUCTOR CORP	$440.76M	-20.80%	-9.60%	-18.07%	-107.80%	1.09	1.29	21.20%	-12.10%	-11.85%
GATX	GATX CORP	$4.95B	11.40%	2.30%	N/A	3.30%	3.98	N/A	68.60%	17.60%	41.01%
RELX	RELX PLC	$83.01B	49.20%	11.60%	27.66%	54.10%	3.32	0.52	64.90%	19.40%	28.50%
IVAC	INTEVAC INC	$107.93M	-8.50%	-6.30%	-6.50%	-10.20%	0.37	4.01	38.80%	-19.50%	-15.75%
PRLB	PROTO LABS INC	$805.30M	2.90%	2.60%	4.31%	8.90%	0.12	3.60	44.60%	3.90%	6.06%
URI	UNITED RENTALS INC	$46.69B	32.00%	9.70%	16.99%	14.10%	2.28	0.89	40.70%	17.30%	27.23%
CRESY	CRESUD INC	$603.48M	30.10%	5.50%	-0.59%	-0.60%	2.80	1.10	37.40%	23.00%	-2.70%
ENVX	ENOVIX CORP	$1.71B	-75.70%	-35.10%	-40.15%	-48.80%	1.21	4.89	-348.90%	-1,448.90%	-1,407.57%
HEI	HEICO CORP	$29.75B	14.00%	6.80%	9.47%	19.00%	1.12	3.17	38.70%	13.10%	19.65%
GLBS	GLOBUS MARITIME LTD	$41.58M	3.00%	2.30%	4.34%	4.90%	0.32	8.35	35.80%	16.90%	30.85%
SPLP	STEEL PARTNERS HOLDINGS LP	$815.73M	17.50%	4.20%	14.60%	19.50%	2.77	1.24	42.40%	8.30%	13.39%
PTSI	PAM TRANSPORTATION SERVICES INC	$386.71M	4.30%	1.80%	4.95%	4.10%	1.37	2.24	60.90%	1.70%	4.10%
CLIR	CLEARSIGN TECHNOLOGIES CORP	$34.89M	-85.70%	-57.90%	-108.53%	521.30%	0.48	2.77	44.00%	-186.60%	-191.96%
NPWR	NET POWER INC	$2.37B	-40.00%	-8.10%	-9.75%	-123.60%	0.23	56.90	97.60%	-160,445.60%	-189,999.20%
JOBY	JOBY AVIATION INC	$3.51B	-47.00%	-37.90%	-43.88%	-247.50%	0.19	24.89	79.70%	-46,759.10%	-46,745.79%
CMCO	COLUMBUS MCKINNON CORP	$1.32B	5.70%	2.70%	6.62%	11.90%	1.11	1.92	37.10%	4.90%	10.49%
NL	NL INDUSTRIES INC	$355.51M	3.10%	2.00%	0.83%	1.10%	0.49	8.87	29.20%	7.10%	2.85%
TWIN	TWIN DISC INC	$202.39M	8.40%	4.30%	9.38%	9.60%	0.97	2.22	28.20%	4.10%	6.05%
BAH	BOOZ ALLEN HAMILTON HOLDING CORP	$19.98B	39.30%	6.10%	14.78%	14.70%	4.96	1.68	22.80%	4.00%	6.98%
KRNT	KORNIT DIGITAL LTD	$706.08M	-7.20%	-6.60%	-10.18%	-10.70%	0.07	13.46	31.50%	-27.20%	-37.85%
RYI	RYERSON HOLDING CORP	$808.61M	10.30%	3.50%	7.96%	6.60%	2.05	2.09	19.70%	1.80%	3.21%
BGSF	BGSF INC	$74.20M	6.40%	3.00%	9.90%	14.80%	1.04	2.09	35.40%	1.80%	4.55%
SLDP	SOLID POWER INC	$304.52M	-13.30%	-12.60%	-13.55%	-13.40%	0.08	9.36	-31.60%	-345.40%	-344.79%
HNI	HNI CORP	$2.14B	8.80%	3.30%	7.55%	7.70%	1.48	1.29	39.60%	2.60%	4.47%
HLIO	HELIOS TECHNOLOGIES INC	$1.79B	3.90%	2.10%	5.31%	7.50%	0.85	2.83	30.90%	3.90%	9.16%
HAYW	HAYWARD HOLDINGS INC	$3.22B	6.30%	2.80%	6.54%	10.90%	1.22	3.37	48.60%	8.30%	17.85%
CRGO	FREIGHTOS LTD	$113.99M	-28.40%	-23.00%	-29.17%	-48.30%	0.24	3.99	59.30%	-99.90%	-98.89%
XPO	XPO INC	$12.86B	19.70%	3.50%	8.58%	7.50%	4.71	0.94	57.40%	3.10%	6.53%
BBCP	CONCRETE PUMPING HOLDINGS INC	$358.25M	6.50%	2.20%	6.85%	6.40%	1.82	1.10	39.20%	4.40%	12.62%
AIR	AAR CORP	$2.53B	5.30%	3.10%	6.53%	6.60%	0.73	2.90	19.10%	2.70%	4.69%
OTIS	OTIS WORLDWIDE CORP	$39.25B	-29.20%	14.10%	61.04%	28.00%	-2.91	0.97	29.50%	10.00%	14.83%
SKYW	SKYWEST INC	$3.03B	5.40%	1.70%	4.83%	3.10%	2.23	0.82	72.30%	3.80%	8.98%
POWW	AMMO INC	$287.16M	-4.40%	-4.00%	-4.15%	-12.30%	0.11	4.85	30.40%	-11.00%	-10.47%
EVLV	EVOLV TECHNOLOGIES HOLDINGS INC	$430.80M	-60.70%	-29.90%	-44.10%	-68.30%	0.99	1.77	48.90%	-106.90%	-106.87%
AQMS	AQUA METALS INC	$50.27M	-100.20%	-77.80%	-106.69%	-155.40%	0.38	1.19	-29,604.00%	-100,336.00%	-98,132.00%
GTES	GATES INDUSTRIAL CORP PLC	$4.63B	7.90%	3.40%	7.21%	9.20%	1.12	3.06	38.60%	7.00%	12.84%
HWM	HOWMET AEROSPACE INC	$34.31B	21.80%	8.30%	14.55%	17.00%	1.55	1.97	28.60%	12.50%	18.48%
BE	BLOOM ENERGY CORP	$2.93B	-65.40%	-11.80%	-9.10%	-6.60%	3.86	4.45	14.00%	-22.30%	-13.59%
CAE	CAE INC	$6.45B	6.10%	2.70%	6.74%	7.30%	1.24	0.90	28.30%	6.20%	11.70%
CODA	CODA OCTOPUS GROUP INC	$75.86M	4.80%	4.50%	5.66%	13.50%	0.06	15.54	67.90%	12.90%	15.60%
ROAD	CONSTRUCTION PARTNERS INC	$3.02B	12.00%	4.90%	9.61%	8.40%	1.50	1.64	13.80%	3.70%	5.91%
ACAB	ATLANTIC COASTAL ACQUISITION CORP II	$93.27M	-19.70%	2.60%	202.22%	4.30%	-2.90	0.85	N/A	N/A	N/A
PNR	PENTAIR PLC	$14.05B	27.20%	N/A	N/A	N/A	N/A	N/A	37.30%	15.30%	17.92%
ADT	ADT INC	$6.61B	19.10%	4.00%	8.22%	8.90%	3.27	0.71	77.50%	12.80%	22.71%
VSEC	VSE CORP	$1.26B	4.10%	1.80%	6.43%	6.80%	1.18	3.33	12.90%	2.60%	7.85%
WLGS	WANG & LEE GROUP INC	$9.16M	-30.40%	-8.70%	-8.78%	-41.40%	0.96	2.21	35.80%	-9.50%	-8.60%
FERG	FERGUSON PLC	$43.11B	34.30%	11.10%	22.81%	20.20%	1.90	1.80	30.30%	6.00%	8.47%
IPWR	IDEAL POWER INC	$58.63M	-67.90%	-59.10%	-43.15%	-2,105.00%	0.10	21.65	17.30%	-3,573.10%	-3,573.14%
HI	HILLENBRAND INC	$3.16B	5.10%	1.60%	6.18%	10.20%	2.36	1.34	33.40%	2.80%	8.86%
BLNK	BLINK CHARGING CO	$315.09M	-67.90%	-45.80%	-55.27%	-204.30%	0.36	2.94	31.40%	-122.10%	-119.11%
SVII	SPRING VALLEY ACQUISITION CORP II	$246.69M	-154.10%	4.70%	6.57%	4.70%	-1.13	1.86	N/A	N/A	N/A
LEV	LION ELECTRIC CO	$212.53M	-28.70%	-13.30%	-12.13%	-10.60%	1.43	2.65	-5.70%	-43.20%	-32.56%
SGLY	SINGULARITY FUTURE TECHNOLOGY LTD	$16.26M	-76.60%	-57.20%	-59.19%	1,065.20%	0.29	3.94	-11.00%	-255.40%	-254.43%
PESI	PERMA FIX ENVIRONMENTAL SERVICES INC	$155.35M	-7.00%	-3.50%	-5.93%	-7.10%	1.04	1.01	15.30%	-3.20%	-3.52%
CYRX	CRYOPORT INC	$584.69M	-23.70%	-12.30%	-12.04%	-11.00%	1.00	10.73	41.80%	-53.70%	-47.82%
ELVA	ELECTROVAYA INC	$100.01M	-17.00%	-3.30%	-28.75%	-10.40%	3.85	0.99	29.80%	-2.30%	-6.03%
AMPX	AMPRIUS TECHNOLOGIES INC	$134.15M	-59.60%	-39.00%	-39.57%	-68.00%	0.75	4.67	-145.70%	-350.70%	-350.70%
SYM	SYMBOTIC INC	$4.41B	-13.10%	-1.50%	-4.83%	8.90%	2.82	1.36	15.10%	-1.30%	-1.60%
CDLR	CADELER A	$1.56B	1.50%	1.20%	1.33%	1.60%	0.31	2.75	44.90%	10.60%	14.72%
GHM	GRAHAM CORP	$323.01M	2.70%	1.30%	3.61%	6.70%	1.11	1.11	19.50%	1.50%	2.32%
LNZA	LANZATECH GLOBAL INC	$504.20M	-70.50%	-38.30%	-49.85%	-54.50%	1.34	6.89	30.50%	-152.30%	-152.29%
AVAV	AEROVIRONMENT INC	$5.55B	-15.60%	-11.70%	-11.77%	-19.70%	0.21	4.66	39.20%	-15.10%	-14.55%
ALTG	ALTA EQUIPMENT GROUP INC	$306.61M	-4.90%	-0.50%	4.98%	2.40%	10.42	1.30	31.40%	-0.30%	2.29%
TNET	TRINET GROUP INC	$5.20B	116.90%	9.60%	37.95%	147.70%	26.75	1.06	21.50%	6.80%	9.98%
ORN	ORION GROUP HOLDINGS INC	$285.19M	-9.30%	-3.00%	0.70%	0.50%	2.13	1.33	10.00%	-1.60%	0.20%
RCL	ROYAL CARIBBEAN CRUISES LTD	$38.01B	47.70%	6.20%	14.13%	8.10%	5.80	0.19	45.50%	14.30%	24.23%
SKYX	SKYX PLATFORMS CORP	$92.03M	-244.70%	-53.60%	-76.77%	-91.10%	4.50	1.05	30.40%	-53.30%	-49.22%

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	+0.60%	+1.26%	+5.68%	+20.26%	21.88x	5.65x	+12.32%	+4.26%	+8.55%	+7.23%	Strong Buy
Airlines	20	-1.41%	-2.22%	-3.55%	+2.50%	15.69x	2.96x	+22.17%	+4.51%	+11.70%	+26.25%	Buy
Airports & Air Services	9	+0.84%	+2.33%	+15.89%	+14.27%	16.76x	5.00x	-20.02%	+5.54%	+8.23%	-13.70%	Strong Buy
Business Equipment & Supplies	5	-1.51%	-0.45%	+6.50%	+41.67%	19.37x	1.56x	+8.36%	+4.30%	+8.13%	+23.02%	Strong Buy
Conglomerates	21	+0.11%	+0.34%	+7.79%	-9.53%	15.93x	5.22x	-11.04%	+2.21%	+8.55%	+12.51%	Strong Buy
Consulting Services	16	+0.55%	+1.68%	+9.22%	+22.94%	32.51x	8.15x	+86.50%	+8.42%	+16.74%	+12.18%	Buy
Electrical Equipment & Parts	53	+1.27%	+0.51%	+5.69%	+30.38%	40.96x	4.47x	+14.77%	+5.48%	+5.04%	+11.04%	Buy
Engineering & Construction	41	+0.72%	+0.17%	+11.17%	+58.90%	-65.84x	4.36x	+11.74%	+5.19%	+13.22%	+6.82%	Strong Buy
Farm & Heavy Construction Machinery	26	+0.28%	-1.27%	-0.78%	+20.92%	13.25x	4.77x	+46.55%	+11.30%	+16.77%	+9.58%	Buy
Industrial Distribution	17	+0.99%	+0.61%	+4.75%	+32.28%	538.14x	6.75x	+34.55%	+15.74%	+28.61%	+6.32%	Strong Buy
Infrastructure Operations	3	+0.20%	+4.50%	+15.29%	+12.82%	54.87x	1.04x	+17.50%	+4.17%	+11.97%	-28.75%	Hold
Integrated Freight & Logistics	22	-0.50%	-2.08%	+0.87%	-9.77%	20.76x	4.08x	+24.24%	+7.82%	+15.04%	+13.27%	Buy
Marine Shipping	40	+1.05%	+3.23%	+15.67%	+55.64%	23.56x	1.12x	+4.85%	+3.38%	+5.50%	+9.68%	Strong Buy
Metal Fabrication	20	-0.01%	+0.54%	+7.42%	+31.26%	22.45x	3.31x	+18.22%	+9.06%	+15.12%	+9.87%	Buy
Pollution & Treatment Controls	17	+0.30%	+1.00%	+5.11%	+24.54%	12.73x	7.72x	+19.50%	+2.56%	+4.92%	+14.81%	Buy
Railroads	11	-0.01%	+0.20%	+2.26%	+23.03%	24.97x	4.63x	+26.95%	+7.75%	+10.41%	+8.69%	Buy
Rental & Leasing Services	23	+1.03%	+0.78%	+8.79%	+41.23%	16.63x	2.37x	+14.90%	+6.13%	+7.66%	+1.97%	Buy
Security & Protection Services	23	+0.26%	+0.86%	+1.50%	+20.65%	21.30x	3.05x	+24.86%	+8.29%	+15.17%	+11.15%	Buy
Shell Companies	199	-0.03%	+0.24%	+0.37%	+4.89%	14.43x	-14.67x	-54.03%	+0.04%	+10.99%	N/A
Specialty Business Services	38	+0.20%	+0.95%	+3.74%	+23.70%	33.95x	5.04x	+26.75%	+11.63%	+19.44%	+8.90%	Buy
Specialty Industrial Machinery	76	+0.68%	+0.69%	+3.11%	+28.61%	25.85x	5.20x	+23.05%	+9.11%	+17.03%	+10.59%	Buy
Staffing & Employment Services	25	-0.52%	+0.61%	-1.10%	+3.24%	28.33x	9.59x	+65.34%	+8.35%	+44.94%	+8.47%	Buy
Tools & Accessories	12	+0.83%	+2.39%	+5.94%	+10.14%	-32.00x	2.82x	+17.14%	+8.04%	+14.16%	+2.88%	Buy
Travel Services	18	+1.71%	+1.20%	+7.94%	+40.36%	25.87x	12.93x	-56.11%	+14.21%	+32.83%	+8.79%	Buy
Trucking	16	-0.49%	-1.50%	-12.56%	+27.28%	28.28x	3.66x	+19.91%	+12.88%	+19.07%	+26.98%	Buy
Waste Management	20	-0.30%	+0.29%	+2.12%	+21.16%	37.81x	5.80x	+18.91%	+5.37%	+9.64%	+8.27%	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 48 points higher than the industrial sector average of 25. It passed 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 44.04% over the past year, overperforming other industrial stocks by 22 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 4.82% from Danaos's current stock price of $85.86.

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 48 points higher than the industrial sector average of 25. It passed 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 29.54% over the past year, overperforming other industrial stocks by 8 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 6.05% from Kanzhun's current stock price of $22.63.

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 43 points higher than the industrial sector average of 25. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -28.28% over the past year, underperforming other industrial stocks by -50 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 14.94% from Resources Connection's current stock price of $11.31.

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 2.07%.

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 25.97%, which is 24 percentage points higher than the industrial sector average of 2.07%.

Spirit Airlines's dividend payout ratio of -22.5% 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 16.46%, which is 14 percentage points higher than the industrial sector average of 2.07%. 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 up?

Industrial stocks were up 0.55% in the last day, and up 0.61% over the last week. Mesa Air Group was the among the top gainers in the industrials sector, gaining 26.44% yesterday.

Mesa Air shares are trading higher after the company reported Q1 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. Spar Group (NASDAQ:SGRP)

Spar Group (NASDAQ:SGRP) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Spar Group has a valuation score of 100, which is 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Spar Group's stock has gained 80.83% in the past year. It has overperformed other stocks in the industrial sector by 59 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 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -28.28% in the past year. It has underperformed other stocks in the industrial sector by -50 percentage points.

3. Energy Services Of America (NASDAQ:ESOA)

Energy Services Of America (NASDAQ:ESOA) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 100, which is 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Energy Services Of America's stock has gained 224.48% in the past year. It has overperformed other stocks in the industrial sector by 203 percentage points.

Are industrial stocks a good buy now?

47.72% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.99% 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 39.03x.

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.