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
BZ	KANZHUN LTD	$8.01B	8.50%	6.60%	9.00%	15.10%	0.34	3.07	82.20%	18.50%	20.53%
DAC	DANAOS CORP	$1.43B	20.20%	16.30%	17.08%	17.20%	0.21	2.98	79.10%	59.20%	61.30%
RGP	RESOURCES CONNECTION INC	$379.66M	5.40%	4.20%	7.87%	28.50%	0.26	2.99	39.20%	3.30%	5.16%
ESEA	EUROSEAS LTD	$236.38M	49.80%	28.80%	32.39%	28.70%	0.59	1.29	75.40%	60.50%	63.89%
ZTO	ZTO EXPRESS (CAYMAN) INC	$16.34B	15.40%	10.30%	16.05%	18.20%	0.47	1.34	30.40%	22.80%	28.57%
SBLK	STAR BULK CARRIERS CORP	$1.97B	9.30%	5.40%	9.18%	6.50%	0.82	1.26	43.70%	18.30%	25.82%
GASS	STEALTHGAS INC	$222.48M	9.60%	7.10%	9.40%	8.00%	0.27	3.12	51.90%	36.20%	43.12%
ESOA	ENERGY SERVICES OF AMERICA CORP	$116.44M	29.80%	7.30%	25.68%	19.60%	2.83	1.21	12.50%	2.80%	4.77%
ARCB	ARCBEST CORP	$3.28B	16.00%	8.00%	13.98%	15.80%	1.00	1.26	100.00%	4.40%	5.63%
EMR	EMERSON ELECTRIC CO	$62.10B	60.30%	26.00%	29.85%	68.80%	0.97	1.12	48.50%	69.30%	72.71%
CAT	CATERPILLAR INC	$182.43B	54.10%	12.00%	25.83%	17.80%	3.49	1.35	34.70%	15.40%	20.32%
HAYN	HAYNES INTERNATIONAL INC	$767.87M	9.90%	6.00%	9.46%	8.40%	0.59	7.62	18.40%	6.90%	9.87%
HI	HILLENBRAND INC	$3.37B	32.80%	10.50%	16.91%	31.00%	2.29	1.28	33.80%	18.40%	25.01%
RHI	ROBERT HALF INC	$7.52B	25.70%	13.70%	32.47%	53.80%	0.90	1.86	40.30%	6.40%	9.02%
SNCY	SUN COUNTRY AIRLINES HOLDINGS INC	$802.03M	13.80%	4.50%	11.35%	8.80%	2.16	0.65	34.00%	6.90%	13.03%
ABNB	AIRBNB INC	$101.34B	69.40%	23.00%	20.43%	68.30%	1.53	1.66	82.80%	48.30%	22.03%
AGCO	AGCO CORP	$8.89B	27.10%	10.40%	19.87%	20.50%	1.45	1.46	26.20%	8.10%	9.76%
WIRE	ENCORE WIRE CORP	$4.46B	20.90%	18.70%	26.81%	40.10%	0.13	7.56	25.50%	14.50%	18.87%
VTSI	VIRTRA INC	$135.76M	21.40%	12.80%	18.97%	23.80%	0.63	3.11	70.10%	22.10%	26.87%
CTOS	CUSTOM TRUCK ONE SOURCE INC	$1.26B	5.60%	1.60%	7.67%	5.50%	2.67	1.41	24.40%	2.70%	10.15%
WNC	WABASH NATIONAL CORP	$1.16B	46.90%	17.00%	31.06%	32.60%	1.48	1.94	19.60%	9.10%	12.38%
KMT	KENNAMETAL INC	$1.92B	9.50%	4.80%	8.26%	7.60%	0.94	2.44	31.20%	5.90%	8.48%
PXS	PYXIS TANKERS INC	$48.70M	46.00%	24.10%	27.44%	25.00%	0.68	6.04	60.50%	79.70%	94.29%
PPSI	PIONEER POWER SOLUTIONS INC	$39.22M	10.10%	5.10%	9.27%	16.70%	0.93	1.83	26.70%	4.20%	4.17%
HY	HYSTER-YALE MATERIALS HANDLING INC	$1.05B	40.60%	6.00%	25.11%	19.10%	4.29	1.22	19.10%	3.10%	5.25%
DCI	DONALDSON CO INC	$8.67B	28.20%	13.70%	27.08%	29.20%	1.02	1.47	34.50%	10.80%	14.71%
POWL	POWELL INDUSTRIES INC	$1.63B	23.10%	11.00%	25.58%	79.50%	1.21	1.58	23.00%	10.10%	12.68%
RCMT	RCM TECHNOLOGIES INC	$151.48M	70.20%	15.80%	37.88%	53.70%	3.67	1.56	29.10%	6.40%	8.96%
JBT	JOHN BEAN TECHNOLOGIES CORP	$2.87B	49.90%	22.10%	28.32%	44.00%	0.82	2.27	35.20%	35.00%	37.88%
UAL	UNITED AIRLINES HOLDINGS INC	$17.74B	30.70%	3.70%	11.46%	8.90%	6.83	0.76	61.80%	4.90%	9.85%
TAYD	TAYLOR DEVICES INC	$156.86M	16.80%	14.70%	20.33%	20.30%	0.15	5.92	45.10%	19.90%	22.49%
MLI	MUELLER INDUSTRIES INC	$6.08B	27.90%	23.00%	33.78%	67.80%	0.17	6.43	28.90%	17.60%	24.12%
TEX	TEREX CORP	$4.07B	35.10%	15.00%	25.81%	26.00%	1.16	2.01	22.80%	10.10%	12.51%
EBF	ENNIS INC	$492.65M	13.10%	11.20%	16.74%	43.30%	0.15	5.81	29.60%	10.50%	14.44%
ALLE	ALLEGION PLC	$10.98B	45.70%	12.90%	21.97%	23.00%	2.27	1.26	43.30%	14.80%	19.45%
CPA	COPA HOLDINGS SA	$4.04B	24.90%	7.80%	13.61%	10.00%	2.14	1.04	51.20%	11.70%	16.05%
FDX	FEDEX CORP	$66.48B	16.60%	5.00%	8.95%	6.60%	2.27	1.31	61.90%	5.00%	7.45%
AOS	SMITH A O CORP	$12.79B	30.10%	17.10%	32.86%	59.20%	0.74	1.59	38.50%	14.40%	19.35%
BBSI	BARRETT BUSINESS SERVICES INC	$807.03M	27.70%	7.30%	18.28%	120.90%	2.62	1.30	22.70%	4.70%	6.47%
TNC	TENNANT CO	$2.14B	20.50%	10.00%	16.35%	18.20%	0.93	2.08	42.40%	8.80%	11.04%
LMB	LIMBACH HOLDINGS INC	$442.71M	18.90%	7.30%	18.93%	28.20%	1.52	1.50	23.10%	4.00%	5.84%
MIDD	MIDDLEBY CORP	$7.61B	13.10%	5.80%	10.56%	15.00%	1.13	2.31	38.00%	9.90%	15.85%
LHX	L3HARRIS TECHNOLOGIES INC	$39.57B	6.60%	3.20%	5.32%	11.50%	1.22	1.01	26.30%	6.30%	9.23%
TORO	TORO CORP	$77.43M	113.20%	54.00%	47.28%	102.10%	0.74	21.01	63.40%	174.60%	180.90%
ASTE	ASTEC INDUSTRIES INC	$976.60M	5.20%	3.20%	6.77%	7.10%	0.62	2.41	24.70%	2.50%	3.85%
SAIA	SAIA INC	$13.89B	19.70%	14.70%	20.73%	23.30%	0.33	2.01	69.70%	12.30%	16.27%
GD	GENERAL DYNAMICS CORP	$79.81B	16.60%	6.20%	11.27%	18.60%	1.57	1.44	15.80%	7.80%	10.24%
IESC	IES HOLDINGS INC	$2.38B	31.40%	12.90%	27.29%	42.10%	1.15	1.73	20.20%	5.00%	6.94%
TH	TARGET HOSPITALITY CORP	$1.11B	55.70%	25.70%	39.64%	56.00%	0.84	2.57	55.60%	30.80%	43.89%
EPAC	ENERPAC TOOL GROUP CORP	$1.91B	21.20%	9.10%	16.43%	25.40%	1.28	3.11	50.60%	11.70%	17.91%
ALGT	ALLEGIANT TRAVEL CO	$1.14B	8.80%	2.40%	8.54%	5.40%	2.67	0.83	56.10%	4.70%	12.44%
UPS	UNITED PARCEL SERVICE INC	$123.94B	35.10%	9.50%	17.60%	13.60%	3.09	1.10	91.60%	7.40%	10.29%
STRL	STERLING INFRASTRUCTURE INC	$3.01B	24.90%	8.50%	19.63%	39.40%	1.86	1.25	17.10%	7.00%	10.94%
DY	DYCOM INDUSTRIES INC	$3.99B	22.10%	8.90%	17.14%	13.90%	1.39	3.06	19.50%	5.20%	8.25%
ITT	ITT INC	$10.32B	17.10%	10.70%	18.16%	35.60%	0.55	1.79	33.70%	12.50%	16.01%
KFY	KORN FERRY	$3.28B	9.00%	4.40%	8.20%	14.90%	1.09	1.83	87.90%	5.30%	7.85%
MAMO	MASSIMO GROUP	$178.83M	106.50%	26.40%	65.73%	69.10%	1.90	2.04	31.20%	9.10%	13.21%
FIX	COMFORT SYSTEMS USA INC	$10.54B	27.80%	10.60%	25.15%	55.80%	1.59	1.11	19.00%	6.20%	7.65%
WAB	WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP	$25.79B	7.90%	4.30%	8.71%	19.80%	0.81	1.20	30.40%	8.40%	13.43%
ODFL	OLD DOMINION FREIGHT LINE INC	$46.06B	31.20%	23.90%	33.18%	36.60%	0.30	2.10	83.20%	21.10%	28.10%
OSK	OSHKOSH CORP	$7.84B	17.20%	7.00%	14.18%	20.20%	1.46	1.45	17.40%	6.20%	8.87%
FELE	FRANKLIN ELECTRIC CO INC	$4.70B	16.70%	11.00%	17.53%	25.40%	0.43	2.97	33.80%	9.40%	12.23%
HII	HUNTINGTON INGALLS INDUSTRIES INC	$10.87B	18.10%	6.30%	11.58%	13.50%	1.74	0.95	14.40%	5.90%	8.28%
UNF	UNIFIRST CORP	$2.99B	5.70%	4.40%	6.48%	10.10%	0.28	3.29	34.10%	4.90%	6.55%
ADP	AUTOMATIC DATA PROCESSING INC	$101.18B	94.90%	6.60%	55.15%	77.20%	12.21	1.01	45.20%	19.10%	26.62%
LICN	LICHEN CHINA LTD	$25.68M	16.30%	14.90%	18.86%	52.50%	0.07	9.81	61.20%	21.00%	29.15%
PCAR	PACCAR INC	$58.98B	30.20%	12.20%	18.25%	15.90%	1.57	2.09	23.40%	13.10%	17.70%
TKR	TIMKEN CO	$6.01B	15.90%	6.30%	12.37%	13.20%	1.49	1.79	31.60%	8.30%	13.15%
SB	SAFE BULKERS INC	$543.53M	8.90%	5.40%	7.95%	6.50%	0.69	2.63	61.00%	24.40%	35.89%
WERN	WERNER ENTERPRISES INC	$2.24B	7.50%	3.60%	6.42%	5.70%	1.04	1.92	51.60%	3.40%	5.52%
LUV	SOUTHWEST AIRLINES CO	$17.74B	4.40%	1.30%	3.68%	3.80%	2.47	1.14	64.80%	1.80%	3.42%
THR	THERMON GROUP HOLDINGS INC	$1.01B	11.20%	7.10%	11.07%	20.80%	0.72	2.22	43.00%	10.10%	15.05%
AIT	APPLIED INDUSTRIAL TECHNOLOGIES INC	$7.10B	25.00%	13.80%	21.20%	28.90%	0.73	3.75	29.40%	8.40%	11.09%
POOL	POOL CORP	$14.04B	38.40%	14.50%	25.90%	21.60%	1.61	2.36	30.00%	9.40%	12.42%
KFRC	KFORCE INC	$1.25B	34.30%	16.50%	33.43%	32.40%	1.25	2.37	27.90%	4.00%	5.57%
ICFI	ICF INTERNATIONAL INC	$2.62B	9.40%	4.00%	8.55%	12.30%	1.19	1.07	35.60%	4.20%	6.94%
CHRW	C H ROBINSON WORLDWIDE INC	$8.27B	23.30%	6.00%	16.22%	16.00%	2.68	1.40	14.80%	1.80%	2.92%
WOR	WORTHINGTON ENTERPRISES INC	$2.89B	17.60%	8.80%	25.10%	18.80%	0.87	3.42	16.70%	7.10%	9.86%
GVH	GLOBAVEND HOLDINGS LTD	$16.65M	153.80%	30.80%	218.18%	450.50%	7.91	1.03	10.30%	5.80%	6.84%
HON	HONEYWELL INTERNATIONAL INC	$127.55B	33.60%	9.20%	18.40%	22.60%	2.84	1.27	37.30%	15.40%	21.58%
SFWL	SHENGFENG DEVELOPMENT LTD	$132.00M	10.30%	4.00%	11.11%	9.30%	1.42	1.09	11.50%	2.50%	3.56%
SXI	STANDEX INTERNATIONAL CORP	$2.01B	22.80%	13.70%	19.14%	30.50%	0.62	3.34	39.30%	18.80%	22.75%
PAYX	PAYCHEX INC	$43.64B	46.30%	13.90%	43.59%	103.00%	2.48	1.24	71.70%	31.90%	42.01%
GWW	WW GRAINGER INC	$46.32B	61.60%	22.80%	39.88%	32.60%	1.51	2.88	39.40%	11.10%	15.29%
BLD	TOPBUILD CORP	$12.22B	26.50%	12.40%	20.50%	34.20%	1.01	2.66	30.90%	11.80%	17.33%
LECO	LINCOLN ELECTRIC HOLDINGS INC	$13.36B	44.90%	16.40%	27.88%	28.00%	1.58	2.24	35.00%	13.00%	17.45%
REVG	REV GROUP INC	$1.12B	50.40%	17.20%	50.77%	50.80%	1.87	1.35	12.20%	9.10%	13.22%
FA	FIRST ADVANTAGE CORP	$2.25B	3.70%	2.10%	5.27%	10.80%	0.80	4.40	49.40%	4.90%	10.67%
NOC	NORTHROP GRUMMAN CORP	$70.66B	13.40%	4.50%	8.36%	9.90%	2.15	1.15	16.70%	5.20%	7.36%
ESP	ESPEY MFG & ELECTRONICS CORP	$59.15M	12.80%	9.60%	15.45%	17.90%	0.32	3.73	25.30%	12.60%	15.95%
GPN	GLOBAL PAYMENTS INC	$32.05B	4.40%	2.00%	4.37%	8.70%	1.17	0.99	61.40%	10.20%	19.22%
CIX	COMPX INTERNATIONAL INC	$388.25M	13.70%	12.40%	17.37%	24.90%	0.11	7.36	30.50%	14.00%	18.35%
REZI	RESIDEO TECHNOLOGIES INC	$2.80B	7.90%	3.20%	7.38%	13.40%	1.42	1.80	27.20%	3.40%	6.06%
PAC	PACIFIC AIRPORT GROUP	$8.11B	47.50%	15.60%	27.17%	37.50%	2.18	2.24	86.20%	32.90%	53.17%
HSII	HEIDRICK & STRUGGLES INTERNATIONAL INC	$617.37M	12.40%	5.40%	10.96%	32.30%	1.47	1.58	88.20%	5.20%	7.40%
FAST	FASTENAL CO	$38.62B	34.00%	25.50%	39.31%	36.80%	0.32	4.83	45.60%	15.70%	20.74%
GGG	GRACO INC	$14.83B	23.80%	19.00%	26.39%	45.50%	0.22	3.46	52.90%	23.10%	27.96%
CPRT	COPART INC	$51.25B	21.90%	19.40%	23.35%	38.00%	0.12	7.13	46.00%	33.40%	40.67%
GIC	GLOBAL INDUSTRIAL CO	$1.54B	29.80%	13.70%	28.39%	28.50%	1.01	1.89	34.20%	5.50%	7.56%
CDTG	CDT ENVIRONMENTAL TECHNOLOGY INVESTMENT HOLDINGS LTD	N/A	29.70%	13.90%	31.66%	28.80%	1.15	1.38	33.00%	22.20%	26.76%

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	71	+0.69%	+0.78%	-1.75%	+4.97%	24.17x	5.35x	+12.22%	+4.29%	+10.99%	+9.07%	Buy
Airlines	18	+1.77%	+6.61%	+0.76%	+11.52%	15.42x	2.94x	+21.57%	+4.69%	+11.80%	+19.44%	Buy
Airports & Air Services	12	+2.12%	-0.40%	+1.21%	-3.26%	10.96x	4.51x	-2.63%	+4.59%	+11.42%	-1.37%	Strong Buy
Business Equipment & Supplies	5	+0.78%	+1.72%	-4.45%	+32.87%	20.79x	1.45x	+7.96%	+4.23%	+7.93%	+46.17%	Buy
Conglomerates	20	-1.88%	+0.68%	-3.07%	-18.75%	14.87x	4.91x	+0.69%	+2.46%	+5.40%	+24.14%	Strong Buy
Consulting Services	14	+0.63%	-1.03%	-5.74%	+14.80%	32.95x	7.33x	+82.36%	+7.32%	+15.48%	+19.37%	Buy
Electrical Equipment & Parts	56	+0.71%	-1.83%	-3.68%	+31.15%	28.77x	3.88x	+20.36%	+7.10%	+15.34%	+13.63%	Buy
Engineering & Construction	41	+0.62%	-3.03%	-5.75%	+47.98%	34.37x	4.07x	+12.19%	+5.09%	+12.73%	+13.32%	Strong Buy
Farm & Heavy Construction Machinery	27	+0.47%	-1.19%	-1.46%	+16.28%	14.28x	4.87x	+43.99%	+10.70%	+15.58%	+7.12%	Buy
Industrial Distribution	18	+0.71%	-1.99%	-8.50%	+28.02%	499.56x	6.73x	+35.35%	+15.78%	+27.93%	+10.53%	Buy
Infrastructure Operations	2	+2.41%	-1.51%	-3.72%	+2.12%	64.58x	7.67x	+12.96%	+2.82%	+10.74%	-16.25%	Hold
Integrated Freight & Logistics	20	+0.61%	-1.75%	-6.99%	-13.72%	18.35x	3.99x	+25.95%	+8.42%	+15.94%	+13.67%	Buy
Marine Shipping	38	+1.31%	+0.46%	+0.52%	+30.53%	15.78x	0.96x	+7.52%	+4.41%	+7.23%	+24.85%	Strong Buy
Metal Fabrication	19	+0.21%	-0.21%	-1.55%	+25.73%	18.32x	2.89x	+17.85%	+9.02%	+14.78%	+13.13%	Buy
Pollution & Treatment Controls	16	+1.12%	-0.98%	-0.30%	+25.11%	29.49x	7.40x	+32.00%	+12.05%	+20.21%	+18.72%	Buy
Railroads	11	+1.10%	-0.01%	-2.70%	+19.03%	23.99x	4.65x	+27.92%	+7.90%	+10.50%	+9.08%	Buy
Rental & Leasing Services	23	-0.03%	-3.92%	-8.00%	+25.29%	14.91x	2.21x	+11.92%	+6.24%	+7.92%	+9.35%	Buy
Security & Protection Services	24	+0.98%	-0.06%	-2.32%	+22.83%	38.50x	2.95x	+19.81%	+6.26%	+13.25%	+14.76%	Buy
Shell Companies	208	-0.32%	-0.22%	-0.24%	+4.17%	35.31x	-14.28x	-23.61%	+0.93%	+2.49%	N/A
Specialty Business Services	39	+0.87%	-0.14%	-1.40%	+21.50%	35.08x	4.76x	+26.98%	+11.75%	+19.86%	+11.20%	Buy
Specialty Industrial Machinery	74	+0.64%	-0.87%	-4.38%	+27.23%	26.50x	4.83x	+26.13%	+9.77%	+17.66%	+11.45%	Buy
Staffing & Employment Services	25	+1.08%	+1.47%	-2.17%	+3.45%	27.38x	9.61x	+67.73%	+8.42%	+45.12%	+6.59%	Buy
Tools & Accessories	12	-0.08%	-2.48%	-6.60%	+4.36%	4.25x	2.69x	+17.49%	+8.02%	+14.14%	+8.49%	Buy
Travel Services	18	+1.48%	-0.37%	-4.56%	+31.41%	31.29x	9.32x	-167.77%	+13.74%	+29.32%	+13.02%	Buy
Trucking	16	+0.57%	-6.67%	-7.62%	+37.55%	50.77x	4.13x	+21.29%	+14.12%	+20.69%	+12.63%	Buy
Waste Management	20	+0.60%	+0.56%	-1.15%	+21.76%	16.59x	5.86x	+19.55%	+5.21%	+9.54%	+7.91%	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 9.79% over the past year, underperforming other industrial stocks by -5 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 31.29% from Kanzhun's current stock price of $18.28.

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 26.16% over the past year, overperforming other industrial stocks by 11 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 21.8% from Danaos's current stock price of $73.89.

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 -40 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. 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 2.23%.

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 25.58%, which is 23 percentage points higher than the industrial sector average of 2.23%.

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 18.23%, which is 16 percentage points higher than the industrial sector average of 2.23%. 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 0.49% in the last day, and down -0.83% over the last week. Momentus was the among the top gainers in the industrials sector, gaining 35.87% yesterday.

Momentus shares are trading higher. The company announced that it received a Nasdaq deficiency notification regarding its delayed from 10-K.

What are the most undervalued industrial stocks?

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

1. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Resources Connection has a valuation score of 100, which is 76 points higher than the industrial sector average of 24. 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 -40 percentage points.

2. United Airlines Holdings (NASDAQ:UAL)

United Airlines Holdings (NASDAQ:UAL) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. United Airlines Holdings has a valuation score of 100, which is 76 points higher than the industrial sector average of 24. It passed 7 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has gained 22.79% in the past year. It has overperformed other stocks in the industrial sector by 8 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 76 points higher than the industrial sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 121.59% in the past year. It has overperformed other stocks in the industrial sector by 107 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 11.6% 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 43.04x.

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.