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	$7.51B	8.50%	6.60%	9.00%	15.10%	0.34	3.07	82.20%	18.50%	20.53%
DAC	DANAOS CORP	$1.49B	20.20%	16.30%	17.08%	17.20%	0.21	2.98	79.10%	59.20%	61.30%
RGP	RESOURCES CONNECTION INC	$378.31M	5.40%	4.20%	7.87%	28.50%	0.26	2.99	39.20%	3.30%	5.16%
ESEA	EUROSEAS LTD	$247.04M	49.80%	28.80%	32.39%	28.70%	0.59	1.29	75.40%	60.50%	63.89%
SBLK	STAR BULK CARRIERS CORP	$2.09B	9.30%	5.40%	9.18%	6.50%	0.82	1.26	43.70%	18.30%	25.82%
ZTO	ZTO EXPRESS (CAYMAN) INC	$17.57B	15.40%	10.30%	16.05%	18.20%	0.47	1.34	30.40%	22.80%	28.57%
GASS	STEALTHGAS INC	$220.11M	9.60%	7.10%	9.40%	8.00%	0.27	3.12	51.90%	36.20%	43.12%
ESOA	ENERGY SERVICES OF AMERICA CORP	$110.13M	29.80%	7.30%	25.68%	19.60%	2.83	1.21	12.50%	2.80%	4.77%
WNC	WABASH NATIONAL CORP	$1.03B	37.90%	14.40%	27.07%	27.70%	1.52	1.87	18.90%	8.20%	11.25%
MIDD	MIDDLEBY CORP	$7.44B	13.10%	5.80%	10.56%	15.00%	1.13	2.31	38.00%	9.90%	15.85%
EMR	EMERSON ELECTRIC CO	$60.83B	60.30%	26.00%	29.85%	68.80%	0.97	1.12	48.50%	69.30%	72.71%
EPAC	ENERPAC TOOL GROUP CORP	$1.98B	21.20%	9.10%	16.43%	25.40%	1.28	3.11	50.60%	11.70%	17.91%
HAYN	HAYNES INTERNATIONAL INC	$762.76M	9.90%	6.00%	9.46%	8.40%	0.59	7.62	18.40%	6.90%	9.87%
KMT	KENNAMETAL INC	$1.92B	9.50%	4.80%	8.26%	7.60%	0.94	2.44	31.20%	5.90%	8.48%
AGCO	AGCO CORP	$8.25B	27.10%	10.40%	19.87%	20.50%	1.45	1.46	26.20%	8.10%	9.76%
SNCY	SUN COUNTRY AIRLINES HOLDINGS INC	$734.88M	13.80%	4.50%	11.35%	8.80%	2.16	0.65	34.00%	6.90%	13.03%
ARCB	ARCBEST CORP	$2.65B	16.00%	8.00%	13.98%	15.80%	1.00	1.26	100.00%	4.40%	5.63%
HY	HYSTER-YALE MATERIALS HANDLING INC	$1.02B	40.60%	6.00%	25.11%	19.10%	4.29	1.22	19.10%	3.10%	5.25%
CAT	CATERPILLAR INC	$164.12B	59.30%	13.10%	28.29%	18.80%	3.75	1.35	35.20%	16.80%	21.69%
PXS	PYXIS TANKERS INC	$49.13M	46.00%	24.10%	27.44%	25.00%	0.68	6.04	60.50%	79.70%	94.29%
PPSI	PIONEER POWER SOLUTIONS INC	$38.53M	10.10%	5.10%	9.27%	16.70%	0.93	1.83	26.70%	4.20%	4.17%
RHI	ROBERT HALF INC	$7.30B	22.40%	11.80%	29.14%	46.80%	0.90	1.85	39.80%	5.70%	8.10%
TEX	TEREX CORP	$3.87B	32.50%	14.40%	24.30%	25.40%	1.17	2.16	22.90%	9.90%	12.38%
VCIG	VCI GLOBAL LTD	$41.45M	58.00%	44.60%	36.96%	61.50%	0.26	2.13	82.80%	39.30%	38.70%
TAYD	TAYLOR DEVICES INC	$156.55M	16.80%	14.70%	20.33%	20.30%	0.15	5.92	45.10%	19.90%	22.49%
JBT	JOHN BEAN TECHNOLOGIES CORP	$2.88B	44.00%	21.70%	28.22%	47.00%	0.81	2.37	35.60%	34.80%	37.63%
MLI	MUELLER INDUSTRIES INC	$6.46B	25.00%	20.90%	30.81%	67.80%	0.18	6.05	28.40%	17.20%	23.66%
RCMT	RCM TECHNOLOGIES INC	$153.63M	70.20%	15.80%	37.88%	53.70%	3.67	1.56	29.10%	6.40%	8.96%
AOS	SMITH A O CORP	$12.25B	30.80%	18.00%	33.23%	63.50%	0.69	1.65	38.70%	14.90%	19.76%
DCI	DONALDSON CO INC	$8.81B	28.20%	13.70%	27.08%	29.20%	1.02	1.47	34.50%	10.80%	14.71%
ASTE	ASTEC INDUSTRIES INC	$754.90M	3.80%	2.30%	4.98%	5.30%	0.73	2.51	24.50%	1.90%	3.12%
VTSI	VIRTRA INC	$180.98M	21.40%	12.80%	18.97%	23.80%	0.63	3.11	70.10%	22.10%	26.87%
CMI	CUMMINS INC	$38.34B	19.90%	6.10%	15.25%	15.20%	2.40	1.34	24.30%	5.70%	9.03%
WOR	WORTHINGTON ENTERPRISES INC	$2.94B	17.60%	8.80%	25.10%	18.80%	0.87	3.42	16.70%	7.10%	9.86%
ABNB	AIRBNB INC	$102.45B	69.40%	23.00%	20.43%	68.30%	1.53	1.66	82.80%	48.30%	22.03%
TNC	TENNANT CO	$2.15B	20.50%	10.00%	16.35%	18.20%	0.93	2.08	42.40%	8.80%	11.04%
WIRE	ENCORE WIRE CORP	$4.43B	17.80%	15.80%	21.96%	33.40%	0.13	7.50	23.10%	12.40%	16.19%
POWL	POWELL INDUSTRIES INC	$1.93B	28.70%	13.30%	31.92%	127.90%	1.16	1.62	24.20%	12.10%	15.31%
SB	SAFE BULKERS INC	$571.43M	8.90%	5.40%	7.95%	6.50%	0.69	2.63	61.00%	24.40%	35.89%
THR	THERMON GROUP HOLDINGS INC	$1.11B	11.20%	7.10%	11.07%	20.80%	0.72	2.22	43.00%	10.10%	15.05%
CMRE	COSTAMARE INC	$1.46B	15.30%	6.80%	11.47%	8.10%	1.20	1.69	41.20%	23.50%	35.08%
TORO	TORO CORP	$78.19M	113.20%	54.00%	47.28%	102.10%	0.74	21.01	63.40%	174.60%	180.90%
ALLE	ALLEGION PLC	$10.69B	42.90%	12.80%	21.91%	23.80%	2.17	1.31	43.70%	14.90%	19.73%
ALGT	ALLEGIANT TRAVEL CO	$994.23M	8.80%	2.40%	8.54%	5.40%	2.67	0.83	56.10%	4.70%	12.44%
GGG	GRACO INC	$13.68B	22.50%	18.30%	24.49%	44.50%	0.19	4.11	52.90%	23.10%	27.63%
EBF	ENNIS INC	$524.48M	13.10%	11.20%	16.74%	43.30%	0.15	5.81	29.60%	10.50%	14.44%
BBSI	BARRETT BUSINESS SERVICES INC	$781.68M	26.60%	7.00%	18.57%	137.80%	2.94	1.23	22.30%	4.60%	6.18%
TH	TARGET HOSPITALITY CORP	$1.13B	55.70%	25.70%	39.64%	56.00%	0.84	2.57	55.60%	30.80%	43.89%
FDX	FEDEX CORP	$64.48B	16.60%	5.00%	8.95%	6.60%	2.27	1.31	61.90%	5.00%	7.45%
ROK	ROCKWELL AUTOMATION INC	$30.94B	35.70%	10.60%	20.46%	25.80%	2.09	1.25	40.50%	13.30%	17.98%
UPS	UNITED PARCEL SERVICE INC	$125.53B	35.10%	9.50%	17.60%	13.60%	3.09	1.10	91.60%	7.40%	10.29%
STRL	STERLING INFRASTRUCTURE INC	$3.11B	24.90%	8.50%	19.63%	39.40%	1.86	1.25	17.10%	7.00%	10.94%
MAMO	MASSIMO GROUP	$163.75M	106.50%	26.40%	65.73%	69.10%	1.90	2.04	31.20%	9.10%	13.21%
SXI	STANDEX INTERNATIONAL CORP	$2.10B	22.80%	13.70%	19.14%	30.50%	0.62	3.34	39.30%	18.80%	22.75%
LICN	LICHEN CHINA LTD	$31.01M	16.30%	14.90%	18.86%	52.50%	0.07	9.81	61.20%	21.00%	29.15%
CIX	COMPX INTERNATIONAL INC	$371.88M	13.70%	12.40%	17.37%	24.90%	0.11	7.36	30.50%	14.00%	18.35%
REVG	REV GROUP INC	$1.20B	50.40%	17.20%	50.77%	50.80%	1.87	1.35	12.20%	9.10%	13.22%
PCAR	PACCAR INC	$55.80B	31.70%	13.00%	19.80%	17.00%	1.39	2.45	23.50%	14.30%	19.49%
LMB	LIMBACH HOLDINGS INC	$499.26M	18.90%	7.30%	18.93%	28.20%	1.52	1.50	23.10%	4.00%	5.84%
TTC	TORO CO	$9.16B	18.90%	7.80%	14.24%	15.00%	1.46	2.13	34.60%	6.50%	9.31%
AME	AMETEK INC	$37.81B	15.50%	9.40%	13.79%	39.70%	0.66	1.11	35.60%	19.60%	25.31%
UNF	UNIFIRST CORP	$2.93B	5.70%	4.40%	6.48%	10.10%	0.28	3.29	34.10%	4.90%	6.55%
DOV	DOVER CORP	$24.40B	29.60%	13.00%	21.28%	34.20%	1.33	1.31	36.60%	17.30%	22.67%
SFWL	SHENGFENG DEVELOPMENT LTD	$146.85M	10.30%	4.00%	11.11%	9.30%	1.42	1.09	11.50%	2.50%	3.56%
CISS	C3IS INC	$114.52k	19.80%	13.80%	19.19%	26.00%	0.72	0.51	56.10%	32.30%	37.09%
LMT	LOCKHEED MARTIN CORP	$111.14B	84.70%	12.30%	23.91%	22.30%	7.27	1.30	12.10%	9.70%	12.79%
BRC	BRADY CORP	$2.86B	18.70%	13.60%	20.94%	58.30%	0.36	2.13	50.80%	14.10%	18.32%
KFRC	KFORCE INC	$1.27B	32.40%	15.30%	29.96%	29.10%	1.23	2.32	27.60%	3.80%	5.28%
TCOM	TRIPCOM GROUP LTD	$32.81B	8.30%	4.50%	9.36%	16.30%	0.79	1.23	81.80%	22.30%	30.86%
TKR	TIMKEN CO	$6.28B	14.70%	5.90%	12.09%	13.00%	1.46	1.87	31.70%	8.00%	13.13%
WERN	WERNER ENTERPRISES INC	$2.27B	7.50%	3.60%	6.42%	5.70%	1.04	1.92	51.60%	3.40%	5.52%
GVH	GLOBAVEND HOLDINGS LTD	$16.50M	153.80%	30.80%	218.18%	450.50%	7.91	1.03	10.30%	5.80%	6.84%
LECO	LINCOLN ELECTRIC HOLDINGS INC	$12.67B	43.40%	16.30%	27.75%	28.00%	1.58	2.24	35.80%	13.20%	17.66%
REZI	RESIDEO TECHNOLOGIES INC	$2.88B	7.20%	3.00%	7.13%	13.00%	1.36	1.93	27.10%	3.20%	5.92%
SNA	SNAP-ON INC	$14.07B	20.70%	13.80%	20.52%	25.40%	0.49	3.82	51.40%	20.10%	26.78%
GD	GENERAL DYNAMICS CORP	$78.84B	16.50%	6.30%	11.46%	18.60%	1.58	1.44	15.80%	7.80%	10.22%
NOC	NORTHROP GRUMMAN CORP	$70.30B	14.30%	4.70%	8.77%	10.30%	2.36	1.13	16.70%	5.40%	7.58%
ODFL	OLD DOMINION FREIGHT LINE INC	$39.92B	31.20%	23.90%	33.18%	36.60%	0.30	2.10	83.20%	21.10%	28.10%
ITT	ITT INC	$10.25B	17.10%	10.50%	17.13%	35.40%	0.71	1.59	33.80%	12.40%	16.18%
HSII	HEIDRICK & STRUGGLES INTERNATIONAL INC	$596.24M	12.40%	5.40%	10.96%	32.30%	1.47	1.58	88.20%	5.20%	7.40%
PAYX	PAYCHEX INC	$42.64B	46.30%	13.90%	43.59%	103.00%	2.48	1.24	71.70%	31.90%	42.01%
DY	DYCOM INDUSTRIES INC	$4.08B	22.10%	8.90%	17.14%	13.90%	1.39	3.06	19.50%	5.20%	8.25%
LHX	L3HARRIS TECHNOLOGIES INC	$40.09B	6.30%	2.90%	5.34%	10.60%	1.24	0.98	26.20%	5.80%	8.85%
TDCX	TDCX INC	$1.06B	19.40%	16.40%	21.79%	56.30%	0.18	8.04	33.70%	18.20%	22.58%
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%
ADP	AUTOMATIC DATA PROCESSING INC	$99.06B	92.90%	6.70%	55.55%	82.00%	12.87	1.01	45.40%	19.60%	27.26%
LNN	LINDSAY CORP	$1.32B	15.00%	9.20%	15.39%	19.70%	0.58	3.87	31.70%	10.70%	15.19%
POOL	POOL CORP	$13.80B	36.20%	14.00%	24.93%	21.60%	1.79	1.88	29.90%	9.20%	11.98%
HII	HUNTINGTON INGALLS INDUSTRIES INC	$9.67B	18.10%	6.40%	11.75%	13.70%	1.71	0.96	14.40%	6.10%	8.34%
OSK	OSHKOSH CORP	$7.41B	19.00%	7.80%	15.88%	21.50%	1.48	1.43	18.30%	6.90%	9.84%
ABM	ABM INDUSTRIES INC	$2.84B	14.20%	5.20%	10.98%	17.60%	1.72	1.48	13.00%	3.10%	5.09%
WTS	WATTS WATER TECHNOLOGIES INC	$6.77B	18.30%	12.60%	18.79%	47.00%	0.53	2.62	46.70%	12.70%	17.40%
GIC	GLOBAL INDUSTRIAL CO	$1.34B	28.50%	13.40%	28.22%	28.70%	0.99	1.91	33.90%	5.30%	7.26%
BWLP	BW LPG LTD	N/A	N/A	N/A	26.84%	N/A	0.59	1.34	25.70%	15.90%	16.99%
PH	PARKER HANNIFIN CORP	$68.15B	25.10%	8.80%	17.66%	24.70%	1.63	0.90	35.40%	13.30%	19.77%
CVU	CPI AEROSTRUCTURES INC	$33.04M	164.80%	26.90%	14.72%	11.70%	2.37	1.49	19.70%	19.90%	7.29%
XYL	XYLEM INC	$32.97B	6.60%	4.10%	5.58%	14.80%	0.56	1.67	36.80%	8.30%	9.55%
CNI	CANADIAN NATIONAL RAILWAY CO	$77.76B	27.40%	10.50%	14.75%	10.90%	1.70	0.60	42.00%	32.90%	42.29%
ISSC	INNOVATIVE SOLUTIONS & SUPPORT INC	$115.85M	17.20%	11.70%	21.86%	24.30%	0.40	1.75	61.50%	17.00%	23.44%
HON	HONEYWELL INTERNATIONAL INC	$126.10B	34.30%	9.10%	16.38%	21.80%	2.95	1.66	37.50%	15.50%	21.82%

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%	+1.49%	+2.13%	+10.59%	23.40x	5.46x	+12.75%	+4.29%	+10.80%	+6.62%	Buy
Airlines	18	+2.28%	-0.57%	-1.52%	+8.11%	15.85x	2.90x	+22.44%	+4.86%	+12.19%	+23.77%	Buy
Airports & Air Services	12	-0.62%	-0.52%	+6.52%	+3.66%	10.77x	4.70x	+2.33%	+4.92%	+12.28%	-6.99%	Strong Buy
Business Equipment & Supplies	5	+2.35%	+2.54%	-2.59%	+40.51%	17.88x	1.47x	+8.74%	+4.51%	+8.55%	+28.81%	Strong Buy
Conglomerates	20	+1.52%	+2.77%	+1.85%	-15.34%	15.03x	4.90x	-10.86%	+2.02%	+8.59%	+17.96%	Strong Buy
Consulting Services	14	+1.02%	+1.12%	-2.31%	+18.86%	27.90x	7.57x	+86.32%	+8.41%	+16.75%	+16.12%	Buy
Electrical Equipment & Parts	56	+0.39%	-0.38%	-0.74%	+31.24%	37.63x	4.21x	+17.44%	+5.88%	+10.94%	+12.53%	Buy
Engineering & Construction	41	+0.94%	+1.88%	-0.65%	+53.38%	18.45x	4.25x	+11.66%	+5.00%	+12.89%	+9.50%	Strong Buy
Farm & Heavy Construction Machinery	27	+1.34%	-1.87%	-6.52%	+12.83%	12.61x	4.61x	+46.12%	+11.21%	+16.35%	+12.30%	Buy
Industrial Distribution	18	+1.47%	-1.03%	-4.83%	+28.88%	517.48x	6.80x	+34.18%	+15.47%	+28.22%	+10.25%	Buy
Infrastructure Operations	2	+1.36%	-0.86%	-3.29%	+2.60%	46.91x	7.37x	+16.78%	+4.09%	+11.93%	-16.98%	Hold
Integrated Freight & Logistics	20	+2.07%	+0.99%	-4.47%	-10.07%	18.72x	4.02x	+25.77%	+8.36%	+15.94%	+13.06%	Buy
Marine Shipping	38	+1.73%	+1.42%	+4.89%	+42.99%	16.35x	1.02x	+7.57%	+4.51%	+7.32%	+18.53%	Strong Buy
Metal Fabrication	19	+1.21%	+2.53%	+1.61%	+26.23%	19.99x	3.06x	+17.26%	+8.65%	+14.21%	+12.95%	Strong Buy
Pollution & Treatment Controls	16	+0.86%	-1.24%	+0.16%	+23.56%	12.19x	7.33x	+10.85%	+2.80%	+5.36%	+19.40%	Buy
Railroads	11	+1.34%	-2.03%	-2.63%	+23.12%	24.50x	4.52x	+26.95%	+7.74%	+10.42%	+11.01%	Buy
Rental & Leasing Services	23	+2.59%	-1.84%	-4.46%	+34.75%	16.19x	2.25x	+14.62%	+6.10%	+7.63%	+7.22%	Buy
Security & Protection Services	24	+1.21%	-1.23%	-2.94%	+24.60%	19.94x	2.95x	+23.54%	+8.00%	+14.53%	+15.89%	Strong Buy
Shell Companies	202	-0.46%	-0.45%	-0.44%	+3.81%	32.23x	-14.35x	-30.17%	+1.12%	-1.89%	N/A
Specialty Business Services	39	+0.84%	-0.91%	-3.36%	+23.17%	35.40x	4.79x	+26.90%	+11.76%	+19.62%	+12.53%	Buy
Specialty Industrial Machinery	75	+0.24%	-1.22%	-3.16%	+26.36%	30.67x	5.04x	+22.43%	+8.74%	+16.10%	+12.90%	Buy
Staffing & Employment Services	26	-0.42%	-3.44%	-5.63%	+0.53%	26.67x	9.19x	+66.92%	+8.34%	+44.93%	+10.66%	Buy
Tools & Accessories	12	+0.05%	-0.01%	-6.18%	+1.70%	-11.48x	2.68x	+17.38%	+8.10%	+14.28%	+9.52%	Buy
Travel Services	19	+1.68%	-0.82%	-2.27%	+30.57%	30.30x	9.29x	-49.49%	+14.29%	+31.54%	+12.87%	Buy
Trucking	16	+1.99%	-12.97%	-18.35%	+24.06%	52.14x	3.70x	+20.44%	+13.40%	+19.67%	+27.33%	Buy
Waste Management	20	+1.13%	-0.38%	-1.03%	+20.60%	36.59x	5.73x	+20.52%	+5.44%	+9.77%	+10.16%	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 36.16% 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 17.57% from Danaos's current stock price of $76.55.

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 14.06% over the past year, underperforming other industrial stocks by -3 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 18.34% from Kanzhun's current stock price of $20.28.

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.

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 -21.69% over the past year, underperforming other industrial stocks by -38 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 16.18% from Resources Connection's current stock price of $11.19.

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. 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 2.21%. 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.

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 2.21%.

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 2.21%.

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 0.96% in the last day, and down -0.41% over the last week. Enovix was the among the top gainers in the industrials sector, gaining 45.47% yesterday.

Enovix shares are trading higher after the company reported mixed 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. 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 117.5% in the past year. It has overperformed other stocks in the industrial sector by 101 percentage points.

2. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the second 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 72.36% in the past year. It has overperformed other stocks in the industrial sector by 56 percentage points.

3. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the third 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 -21.69% in the past year. It has underperformed other stocks in the industrial sector by -38 percentage points.

Are industrial stocks a good buy now?

47.23% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 11.68% 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 44.27x.

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.

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.

Industrial Industries

Industrial Stocks FAQ

1. Danaos (NYSE:DAC)

2. Kanzhun (NASDAQ:BZ)

3. Resources Connection (NASDAQ:RGP)

1. Cnh Industrial Nv (NYSE:CNHI)

2. Zim Integrated Shipping Services (NYSE:ZIM)

3. Spirit Airlines (NYSE:SAVE)

1. Stealthgas (NASDAQ:GASS)

2. Encore Wire (NASDAQ:WIRE)

3. Resources Connection (NASDAQ:RGP)

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