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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
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
DLB
DOLBY LABORATORIES INC
$82.08730,54018.88%79.3179.7281.5782.6982.9758.6441.5426.2976.8560.06-0.62-0.880.260.95
AMPX
AMPRIUS TECHNOLOGIES INC
$2.19704,24235.50%1.851.852.423.323.9654.8290.8481.95100.0099.56-0.12-0.220.100.37
HTLD
HEARTLAND EXPRESS INC
$10.77478,100-19.85%10.3210.4811.3512.3613.4650.7870.5448.88100.0085.47-0.27-0.360.090.71
BLNK
BLINK CHARGING CO
$3.046,196,829-10.43%2.532.492.762.833.3667.6390.9184.34100.00100.000.01-0.080.081.68
ALK
ALASKA AIR GROUP INC
$42.681,857,541-6.76%43.8043.1740.7539.0639.0450.9540.3544.128.3711.340.630.95-0.331.32
RKLB
ROCKET LAB USA INC
$4.005,402,106-13.44%3.773.724.024.464.8358.9885.1776.25100.0097.41-0.03-0.100.061.63
HAYW
HAYWARD HOLDINGS INC
$14.131,468,841-14.60%13.7013.7414.1113.4913.2554.7163.4655.7277.0470.65-0.11-0.160.051.39
XOS
XOS INC
$7.4525,46717.53%7.568.009.748.829.3635.0019.6219.3270.6961.30-0.61-0.650.041.11
AGX
ARGAN INC
$60.8470,02833.61%61.2258.8252.8949.2946.4366.1762.6072.527.6325.012.602.88-0.280.70
CAR
AVIS BUDGET GROUP INC
$115.601,058,751-55.88%103.15108.10111.28138.08167.5356.7758.1134.8166.7438.46-3.11-4.251.141.85
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
$8.42362,443-32.85%8.437.977.597.978.2259.9255.2753.8461.2360.370.260.230.031.59
GBX
GREENBRIER COMPANIES INC
$52.23252,364-8.84%51.7752.0551.1948.3744.4353.2341.7525.7039.9319.43-0.000.22-0.221.22
NCLH
NORWEGIAN CRUISE LINE HOLDINGS LTD
$15.9916,208,951-36.61%18.2018.2419.0218.5217.4230.585.6027.900.5424.75-0.57-0.27-0.301.92
TRN
TRINITY INDUSTRIES INC
$30.44628,971-42.34%27.7727.3426.6126.3325.2670.5093.2070.56100.0075.410.630.270.361.07
WLDN
WILLDAN GROUP INC
$31.29253,518182.63%28.4127.8026.3223.2221.9372.1776.6678.7689.2984.630.740.570.181.17
IIIN
INSTEEL INDUSTRIES INC
$33.0662,913-50.36%32.8333.5735.1135.5133.8044.5727.7922.5249.8438.59-0.90-0.85-0.051.21
RTX
RTX CORP
$101.4010,979,24698.40%101.56101.2696.5691.8186.2160.3442.5446.329.6811.141.321.62-0.301.01
ULH
UNIVERSAL LOGISTICS HOLDINGS INC
$42.5357,96918.42%40.0936.7235.7532.6129.4264.9069.4673.2278.8384.592.491.451.040.99
ACTG
ACACIA RESEARCH CORP
$5.02178,66051.90%4.934.964.744.354.0356.5154.6938.2872.4548.660.020.04-0.020.70
SYM
SYMBOTIC INC
$41.13887,264-5.54%39.8441.2442.8944.5842.6448.4036.5822.9366.1836.47-1.15-1.180.040.83
KRNT
KORNIT DIGITAL LTD
$16.00228,62041.53%15.7115.8717.0217.4018.8047.3246.2233.8788.0076.39-0.39-0.460.071.48
KELYA
KELLY SERVICES INC
$23.63193,121-32.45%23.6123.6324.0422.6420.6849.1050.7236.5657.1842.44-0.11-0.11-0.011.09
CRS
CARPENTER TECHNOLOGY CORP
$103.64892,210-31.48%87.6983.0073.9369.9367.0387.6496.0294.22100.0099.086.484.332.151.52
FTEK
FUEL TECH INC
$1.2527,736-39.57%1.211.181.161.121.1162.4574.1776.1180.1684.720.020.010.010.81
HNI
HNI CORP
$44.19214,335-12.06%42.8042.4643.2542.3838.3059.3177.3363.1483.9672.48-0.05-0.230.181.11
HSON
HUDSON GLOBAL INC
$16.47400506.06%16.7616.9616.3415.8217.3544.3447.2245.970.000.21-0.050.08-0.130.41
PANL
PANGAEA LOGISTICS SOLUTIONS LTD
$7.40285,72480.20%7.096.897.307.827.0363.8590.7393.0198.2697.890.03-0.070.100.69
HQI
HIREQUEST INC
$12.485,633-69.99%12.5212.6212.7013.4715.5146.8755.3361.6776.8789.01-0.05-0.070.030.40
ACA
ARCOSA INC
$85.33544,973109.36%77.8278.8981.5580.9877.2565.0448.7832.1487.9273.17-0.78-1.360.581.12
GSL
GLOBAL SHIP LEASE INC
$23.14261,885-34.09%22.6822.0320.8520.5719.6172.5692.8491.1986.1383.110.650.560.091.09
KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS INC
$18.541,016,3963.37%18.0918.0517.9818.4917.4755.3156.3251.8962.3558.180.070.010.061.19
EVI
EVI INDUSTRIES INC
$22.806,331-20.54%21.4921.9022.3822.3323.9954.2879.8059.0296.1384.71-0.20-0.370.170.79
IVAC
INTEVAC INC
$4.2643,257-29.69%4.073.893.874.023.7664.8081.1880.0076.6077.290.120.050.060.69
FC
FRANKLIN COVEY CO
$39.5354,27051.68%39.5539.2338.9939.8340.8152.2960.6955.9855.5047.010.150.100.041.11
HLIO
HELIOS TECHNOLOGIES INC
$48.05149,713-3.68%45.7445.9144.6243.7648.1662.8065.7846.8969.7445.230.540.460.081.22
CAE
CAE INC
$20.47256,116-39.09%19.3619.3319.5420.0721.2464.6693.8682.25100.0098.690.04-0.140.181.28
CODA
CODA OCTOPUS GROUP INC
$6.703,780-54.72%6.636.426.025.986.4661.0560.4061.4245.9549.480.190.180.000.59
OTIS
OTIS WORLDWIDE CORP
$92.121,772,660-9.46%93.2294.9296.3392.7787.9838.9716.7012.5014.4711.01-1.38-0.95-0.430.79
BLDE
BLADE AIR MOBILITY INC
$3.56279,572-22.92%3.293.503.283.223.1456.7847.7035.3057.0634.200.020.03-0.010.59
HI
HILLENBRAND INC
$42.44474,360-18.37%46.7047.2047.8646.8245.0132.0016.0927.508.1521.36-1.10-0.37-0.721.15
NSC
NORFOLK SOUTHERN CORP
$235.551,072,653-34.72%237.83241.82249.78244.28226.1340.6624.6819.6239.4627.86-4.47-3.80-0.671.04
MEG
MONTROSE ENVIRONMENTAL GROUP INC
$44.51459,78362.20%42.4642.6640.0935.5833.9359.5585.0580.9286.8473.100.970.860.111.50
WCN
WASTE CONNECTIONS INC
$164.18597,431-23.07%164.36165.39167.65160.13148.6944.0831.1324.7545.9426.00-1.17-0.93-0.230.66
CRGO
FREIGHTOS LTD
$2.7413,84912.49%2.742.582.552.862.7858.3664.0067.0258.6865.380.070.050.020.12
EXPO
EXPONENT INC
$94.33218,678-15.00%87.9283.4781.3883.2284.2272.6561.2459.4677.0676.163.491.981.510.84
MDU
MDU RESOURCES GROUP INC
$25.061,226,185-21.19%24.7524.4823.5621.6620.7263.0184.3283.8587.9583.300.380.380.000.92
PRLB
PROTO LABS INC
$31.09200,86843.65%31.3431.8534.0235.5532.6737.4923.2417.0767.0550.07-0.88-0.910.031.14
GATX
GATX CORP
$127.98107,435-35.74%126.45128.29129.52125.53119.5449.6146.6529.2472.1343.33-1.18-0.98-0.200.99
DXPE
DXP ENTERPRISES INC
$52.3388,94017.14%50.8152.0848.4440.7837.4556.7546.6524.8461.1432.410.320.69-0.371.27
AMSC
AMERICAN SUPERCONDUCTOR CORP
$13.37249,446-9.06%12.3912.3613.0712.2210.2260.3483.2073.45100.0096.86-0.04-0.200.171.51
SLDP
SOLID POWER INC
$1.821,661,980-30.09%1.721.701.651.551.7360.4483.0072.9298.2592.570.030.010.011.48
SVII
SPRING VALLEY ACQUISITION CORP II
$11.0555511,000.00%11.0311.0210.9810.9210.8165.9671.6370.8014.6021.920.020.02-0.000.01
SUGP
SU GROUP HOLDINGS LTD
$2.23113,9132,254.55%2.162.142.65N/AN/A47.6152.2448.8989.1388.05-0.14-0.180.04-0.60
CRESY
CRESUD INC
$9.77209,938108.48%9.439.348.748.898.3062.8583.3880.1881.3369.890.190.180.021.02
PFMT
PERFORMANT FINANCIAL CORP
$2.7885,696-44.66%2.722.652.792.822.6753.4985.4880.3393.2390.030.00-0.030.030.66
NPWR
NET POWER INC
$11.06197,122-43.27%10.9510.6910.019.6311.5558.1869.9867.8452.8952.380.220.24-0.030.07
TRIP
TRIPADVISOR INC
$25.792,498,36836.18%26.3526.2026.8724.2720.3543.9148.2654.5054.1959.86-0.10-0.120.021.22
BCO
BRINKS CO
$90.58156,905-46.04%88.6788.0886.6585.0379.2858.6859.5950.9457.5746.000.530.470.061.13
GLDD
GREAT LAKES DREDGE & DOCK CORP
$6.96184,917-30.12%7.127.488.177.987.8933.6226.0216.6767.1744.10-0.38-0.34-0.040.88
RDW
REDWIRE CORP
$4.19200,177119.31%3.903.833.733.333.1561.8187.7575.2496.9585.740.050.030.031.43
JOBY
JOBY AVIATION INC
$5.384,212,325-8.79%5.114.915.135.646.1760.7382.6875.6688.5180.810.05-0.040.091.71
TWIN
TWIN DISC INC
$16.0820,882-32.49%16.1916.6016.3215.8714.7146.8117.1512.3322.038.45-0.18-0.02-0.161.10
CDRE
CADRE HOLDINGS INC
$34.19174,89720.04%33.5333.6335.2234.3030.7850.8878.1566.7597.8389.91-0.37-0.530.150.79
RYI
RYERSON HOLDING CORP
$22.84660,3458.87%28.7030.8031.5232.5431.4613.058.127.880.000.49-1.99-0.95-1.041.30
URI
UNITED RENTALS INC
$666.66340,109-7.28%669.32667.79682.01638.46545.7948.3043.5849.7151.5656.50-3.29-4.040.741.48
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
$1.445,39724.76%1.361.371.351.361.4461.0289.6470.5298.9976.170.010.000.010.23
MARX
MARS ACQUISITION CORP
$10.78167695.24%10.7410.7210.6910.6710.5868.3212.6413.9389.5986.100.020.010.01-0.01
CMCO
COLUMBUS MCKINNON CORP
$42.5689,074-7.38%41.6741.5742.0340.5238.1756.2376.5466.1985.1376.18-0.02-0.140.121.28
HEI
HEICO CORP
$211.36287,1353.12%206.67200.12194.21187.99177.6577.8093.8792.23100.0099.385.104.110.981.01
SHPW
SHAPEWAYS HOLDINGS INC
$1.544,15623.62%1.601.671.761.922.4741.456.616.1710.046.33-0.07-0.06-0.010.47
IVDA
IVEDA SOLUTIONS INC
$0.8726,971-28.56%0.900.870.860.760.8050.7362.9468.5554.2766.360.020.020.000.52
TTEK
TETRA TECH INC
$207.75401,547-27.22%194.02192.32186.50176.92168.2675.4488.4084.8790.1582.673.892.501.391.14
PRIM
PRIMORIS SERVICES CORP
$47.30448,788-10.52%46.0945.4742.8338.4635.2263.4675.2075.4159.5061.041.161.110.051.18
SKYW
SKYWEST INC
$75.33316,833-12.70%73.5470.8768.2560.8851.8064.9667.8364.3365.5061.862.051.730.331.53
AIR
AAR CORP
$69.92307,84418.18%68.4865.2063.9763.5562.4974.1591.8492.4198.1897.822.051.460.591.36
TOMZ
TOMI ENVIRONMENTAL SOLUTIONS INC
$0.573,295-24.22%0.600.590.670.770.8839.1045.8760.5131.5353.34-0.02-0.020.00-0.21
SKYX
SKYX PLATFORMS CORP
$1.07161,82725.67%0.940.971.131.361.5153.6593.3689.7197.4198.27-0.04-0.070.030.84
HAFN
HAFNIA LTD
$7.8892,562-17.93%7.64N/AN/AN/AN/A67.89N/AN/AN/AN/AN/AN/AN/A0.49
GTES
GATES INDUSTRIAL CORP PLC
$16.182,772,928-19.02%17.2217.2916.8214.9513.4233.8632.0143.900.7115.21-0.030.17-0.201.13
EVLV
EVOLV TECHNOLOGIES HOLDINGS INC
$3.881,007,283-11.54%3.984.074.054.364.7744.4925.5525.5431.9336.43-0.07-0.05-0.021.24
POWW
AMMO INC
$2.54248,934-15.41%2.552.552.542.362.2848.7736.5139.5338.3143.50-0.01-0.00-0.010.55
ENVX
ENOVIX CORP
$10.0911,922,588-53.39%6.926.937.919.6811.3872.4179.2860.06100.0095.470.04-0.400.442.20
MTW
MANITOWOC CO INC
$12.43192,380-52.08%12.6012.9513.2814.6114.9040.2928.9516.6655.4232.24-0.35-0.30-0.051.37
XPO
XPO INC
$112.564,011,21454.73%112.96117.93120.80107.2391.2843.2125.4519.5331.6613.70-3.29-2.22-1.071.51
BE
BLOOM ENERGY CORP
$11.804,197,56617.61%10.5610.6010.2711.4212.5565.1082.7080.53100.0099.690.180.000.181.88
ADT
ADT INC
$6.684,724,11313.48%6.476.406.586.596.3759.7681.3778.1595.4292.360.02-0.040.051.10
MMM
3M CO
$97.154,414,570-29.50%94.2093.0395.8798.5998.4057.7576.5776.6386.1990.850.04-0.840.880.79
CBZ
CBIZ INC
$73.10148,996-62.63%74.0974.5075.5569.7462.1144.9020.8912.7819.519.82-0.76-0.37-0.390.87
ACAB
ATLANTIC COASTAL ACQUISITION CORP II
$10.77100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.00
PNR
PENTAIR PLC
$79.611,639,36428.69%79.3080.1080.7076.3670.8447.0339.9338.6554.2453.50-0.51-0.42-0.091.12
GLBS
GLOBUS MARITIME LTD
$1.8819,104-20.05%1.912.002.132.281.8831.346.036.4723.3919.18-0.08-0.07-0.011.52
NKLA
NIKOLA CORP
$0.66106,344,05184.76%0.630.700.730.741.0845.3131.4219.8763.4250.60-0.04-0.04-0.001.10
FERG
FERGUSON PLC
$217.17830,326-17.92%212.24214.16212.88201.81181.0856.6360.2748.9279.6963.52-0.02-0.030.010.98
LTBR
LIGHTBRIDGE CORP
$2.5620,436-43.86%2.572.612.783.003.8244.0041.1135.9677.4972.74-0.07-0.080.011.05
ARQ
ARQ INC
$7.97180,8911.04%7.557.295.954.453.2565.9680.4576.2173.5264.500.510.52-0.011.06
TDG
TRANSDIGM GROUP INC
$1,293.80233,42619.04%1,252.231,235.221,211.591,134.481,010.9868.0488.3083.3093.0987.9618.0113.664.341.22
CVV
CVD EQUIPMENT CORP
$4.459,54759.17%4.484.784.854.825.6840.4921.9319.3156.5745.90-0.15-0.12-0.030.80
CODI
COMPASS DIVERSIFIED HOLDINGS
$21.68210,139-57.22%22.4422.8023.2622.7021.3038.9832.0223.5742.6542.30-0.40-0.27-0.130.85
ALTG
ALTA EQUIPMENT GROUP INC
$11.69236,272-28.30%11.5211.8911.8811.7112.1147.7337.2820.7370.7940.95-0.19-0.15-0.041.00
EML
EASTERN CO
$31.0918,76326.63%31.6931.5629.4726.4522.2650.4268.7669.7351.1956.250.390.59-0.201.10

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.77%+1.71%+2.71%+11.62%23.40x5.47x+12.66%+4.32%+10.98%+6.14%Buy
18+0.43%+0.26%-1.18%+5.85%15.79x2.92x+22.54%+4.87%+12.27%+23.23%Buy
12+0.70%-1.96%+6.18%+5.63%10.80x4.73x+1.63%+4.86%+12.10%-7.99%Strong Buy
5+1.33%+3.42%-1.33%+41.87%18.57x1.50x+8.72%+4.50%+8.53%+26.64%Strong Buy
20-1.16%+1.46%+2.17%-13.49%15.23x4.94x-10.64%+2.03%+8.76%+16.88%Strong Buy
14+0.84%+2.32%-1.71%+20.87%29.23x7.68x+86.40%+8.40%+16.73%+15.11%Buy
56+1.30%-0.24%-0.84%+32.48%37.95x4.29x+17.34%+5.76%+10.60%+10.81%Buy
41+1.96%+1.83%-0.37%+56.51%11.05x4.29x+12.16%+5.16%+13.15%+8.22%Strong Buy
27+0.30%-1.51%-7.49%+13.51%12.66x4.62x+46.09%+11.17%+16.18%+11.58%Buy
18+1.07%+0.50%-4.60%+29.43%536.60x6.75x+34.02%+15.38%+27.91%+9.09%Buy
2+6.63%+5.90%+5.11%+9.77%50.59x7.92x+16.93%+4.12%+11.95%-22.87%Hold
20+0.23%+1.53%-4.97%-10.14%20.04x4.04x+24.30%+7.85%+14.98%+12.78%Buy
38+1.54%+1.89%+3.44%+46.77%16.58x1.03x+7.54%+4.50%+7.29%+16.50%Strong Buy
19+1.52%+3.26%+1.58%+28.90%20.20x3.09x+17.20%+8.62%+14.16%+11.06%Strong Buy
16-0.11%-1.84%-1.39%+23.21%11.95x7.33x+19.29%+2.59%+5.00%+19.52%Buy
11+0.93%-0.99%-2.38%+24.35%24.70x4.56x+26.99%+7.74%+10.44%+10.41%Buy
23+0.71%-1.06%-5.22%+36.99%16.27x2.26x+14.74%+6.11%+7.59%+6.50%Buy
24+0.79%-0.95%-2.77%+26.49%19.97x2.97x+23.54%+8.01%+14.55%+15.64%Strong Buy
203-0.05%-0.46%-0.40%+3.89%8.90x-14.37x-28.63%+1.08%-1.81%N/A
39+1.35%+0.48%-2.25%+24.98%35.31x4.86x+26.92%+11.77%+19.64%+11.40%Buy
75+1.11%-0.75%-2.78%+27.40%29.74x5.09x+22.36%+8.71%+16.03%+11.46%Buy
26+0.32%-0.44%-4.99%+1.15%27.33x9.24x+66.79%+8.34%+44.90%+10.21%Buy
12+0.62%+0.03%-5.69%+2.75%-11.83x2.70x+17.36%+8.11%+14.28%+8.83%Buy
19+2.13%+0.73%-1.73%+36.73%30.47x9.53x-51.30%+14.42%+31.91%+13.56%Buy
16+0.36%-3.10%-18.85%+23.82%51.26x3.73x+20.69%+13.36%+19.68%+26.77%Buy
20+0.26%+0.72%-1.04%+21.64%36.42x5.73x+20.52%+5.44%+9.76%+10.17%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. 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 11.96% over the past year, underperforming other industrial stocks by -6 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 17.65% from Kanzhun's current stock price of $20.40.

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 41.72% over the past year, overperforming other industrial stocks by 23 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 14.59% from Danaos's current stock price of $78.54.

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 -22.21% over the past year, underperforming other industrial stocks by -41 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 16.38% from Resources Connection's current stock price of $11.17.

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 2.19%.

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 2.19%. 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 26.95%, which is 25 percentage points higher than the industrial sector average of 2.19%.

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 up?

Industrial stocks were up 0.83% in the last day, and up 0.37% over the last week. Safe & Green Holdings was the among the top gainers in the industrials sector, gaining 89.08% yesterday.

Safe & Green shares are trading higher after the company announced its SG Echo subsidiary is preparing to deliver its first sustainable modular unit to a prominent quick-service restaurant customer in the Pacific Northwest.

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 126.79% in the past year. It has overperformed other stocks in the industrial sector by 108 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 -22.21% in the past year. It has underperformed other stocks in the industrial sector by -41 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 71.91% in the past year. It has overperformed other stocks in the industrial sector by 54 percentage points.

Are industrial stocks a good buy now?

46.62% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 10.91% 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 44.51x.
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.