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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
BZ
KANZHUN LTD
$7.55B$20.40$24.0017.65%Strong Buy328.42%94.48%N/AN/A
DAC
DANAOS CORP
$1.53B$78.54$90.0014.59%Strong Buy13.62%16.87%N/AN/A
RGP
RESOURCES CONNECTION INC
$377.63M$11.17$13.0016.38%Hold10.41%108.64%N/AN/A
ESEA
EUROSEAS LTD
$250.41M$35.70N/AN/AN/AN/A1.23%34.42%N/AN/A
SBLK
STAR BULK CARRIERS CORP
$2.09B$24.82$53.50115.55%Strong Buy222.10%100.85%N/AN/A
ZTO
ZTO EXPRESS (CAYMAN) INC
$17.46B$21.48$29.6738.11%Strong Buy314.90%35.79%N/AN/A
GASS
STEALTHGAS INC
$223.36M$6.18N/AN/AN/AN/AN/AN/AN/AN/A
WNC
WABASH NATIONAL CORP
$1.05B$23.34N/AN/AN/AN/AN/AN/AN/AN/A
EMR
EMERSON ELECTRIC CO
$60.91B$106.54$121.8014.32%Strong Buy107.00%N/AN/AN/A
MIDD
MIDDLEBY CORP
$7.51B$140.08$165.5018.15%Strong Buy42.86%44.51%N/AN/A
HAYN
HAYNES INTERNATIONAL INC
$757.26M$59.24N/AN/AN/AN/A-7.34%29.57%N/AN/A
EPAC
ENERPAC TOOL GROUP CORP
$2.00B$36.83N/AN/AN/AN/A-0.25%N/A25.76%11.28%
KMT
KENNAMETAL INC
$1.95B$24.54$24.00-2.20%Sell30.64%34.96%N/AN/A
ESOA
ENERGY SERVICES OF AMERICA CORP
$113.95M$6.86N/AN/AN/AN/A8.24%N/AN/AN/A
ARCB
ARCBEST CORP
$2.69B$114.85$151.6732.06%Strong Buy94.94%104.13%N/AN/A
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
$738.08M$13.85$18.3332.37%Strong Buy310.33%86.88%N/AN/A
CAT
CATERPILLAR INC
$164.76B$336.75$334.85-0.57%Buy132.67%3.62%70.38%14.83%
TNC
TENNANT CO
$2.03B$106.97$140.0030.88%Strong Buy13.74%N/AN/AN/A
PPSI
PIONEER POWER SOLUTIONS INC
$38.13M$3.84$10.50173.44%Strong Buy228.40%61.63%N/AN/A
RHI
ROBERT HALF INC
$7.36B$70.16$72.753.69%Hold42.85%66.90%N/AN/A
PXS
PYXIS TANKERS INC
$49.34M$4.68N/AN/AN/AN/AN/AN/AN/AN/A
HY
HYSTER-YALE MATERIALS HANDLING INC
$1.03B$58.80$82.5040.31%Strong Buy20.88%N/AN/AN/A
MLI
MUELLER INDUSTRIES INC
$6.45B$56.81N/AN/AN/AN/AN/AN/AN/AN/A
JBT
JOHN BEAN TECHNOLOGIES CORP
$2.90B$91.14$121.0032.76%Buy15.57%-35.29%N/AN/A
TEX
TEREX CORP
$3.93B$58.35$62.887.75%Hold80.29%-31.79%N/AN/A
VCIG
VCI GLOBAL LTD
$40.31M$1.06N/AN/AN/AN/AN/AN/AN/AN/A
RCMT
RCM TECHNOLOGIES INC
$154.98M$19.52$33.0069.06%Strong Buy16.16%N/AN/AN/A
TAYD
TAYLOR DEVICES INC
$154.27M$49.86N/AN/AN/AN/AN/AN/AN/AN/A
DCI
DONALDSON CO INC
$8.89B$73.82$68.00-7.88%Hold34.46%8.48%N/AN/A
VTSI
VIRTRA INC
$183.53M$16.52$16.00-3.15%Strong Buy2N/AN/AN/AN/A
ASTE
ASTEC INDUSTRIES INC
$737.14M$32.38$37.0014.27%Hold13.71%110.94%N/AN/A
CMI
CUMMINS INC
$38.40B$280.74$283.110.84%Hold90.44%47.75%N/AN/A
AOS
SMITH A O CORP
$12.37B$84.31$91.408.41%Hold54.10%1.11%N/AN/A
POWL
POWELL INDUSTRIES INC
$1.92B$159.95N/AN/AN/AN/A4.47%N/AN/AN/A
WIRE
ENCORE WIRE CORP
$4.47B$283.04$292.503.34%Hold2N/AN/AN/AN/A
WOR
WORTHINGTON ENTERPRISES INC
$2.98B$59.45$60.000.93%Sell228.18%-15.77%29.58%15.83%
ABNB
AIRBNB INC
$103.34B$159.71$150.15-5.99%Hold2012.17%-10.62%N/AN/A
ALLE
ALLEGION PLC
$10.74B$122.88$133.758.85%Hold43.50%11.37%N/AN/A
SB
SAFE BULKERS INC
$579.24M$5.19N/AN/AN/AN/A5.50%73.21%N/AN/A
TORO
TORO CORP
$80.09M$4.22N/AN/AN/AN/AN/AN/AN/AN/A
LSTR
LANDSTAR SYSTEM INC
$6.44B$180.14$182.501.31%Hold65.87%33.82%N/AN/A
AGCO
AGCO CORP
$8.34B$111.81$143.0027.90%Strong Buy5-1.02%-4.71%N/AN/A
CMRE
COSTAMARE INC
$1.48B$12.48$12.00-3.85%Hold1-6.07%30.32%N/AN/A
THR
THERMON GROUP HOLDINGS INC
$1.10B$32.74$36.009.96%Strong Buy110.73%-21.32%N/AN/A
MAMO
MASSIMO GROUP
$168.50M$4.08N/AN/AN/AN/AN/AN/AN/AN/A
ALGT
ALLEGIANT TRAVEL CO
$1.02B$55.63$75.6035.90%Hold59.26%120.26%N/AN/A
GGG
GRACO INC
$13.89B$82.12$93.3313.65%Buy33.39%0.67%N/AN/A
TH
TARGET HOSPITALITY CORP
$1.13B$11.20$12.007.14%Hold1-26.59%-15.20%N/AN/A
FDX
FEDEX CORP
$64.14B$260.65$308.2018.24%Buy151.94%35.73%N/AN/A
EBF
ENNIS INC
$524.22M$20.26N/AN/AN/AN/AN/AN/AN/AN/A
ROK
ROCKWELL AUTOMATION INC
$31.40B$274.05$298.448.90%Buy91.79%18.07%N/AN/A
LMT
LOCKHEED MARTIN CORP
$110.83B$461.91$502.758.84%Buy82.69%4.58%N/AN/A
BBSI
BARRETT BUSINESS SERVICES INC
$807.13M$123.38$141.0014.28%Buy1664.07%N/AN/AN/A
TTC
TORO CO
$9.22B$88.31$97.5010.41%Hold23.85%36.31%N/AN/A
UNF
UNIFIRST CORP
$2.98B$159.60$183.6715.08%Hold33.75%44.36%N/AN/A
AME
AMETEK INC
$38.55B$166.56$190.7514.52%Strong Buy47.31%7.24%N/AN/A
PCAR
PACCAR INC
$54.93B$104.79$118.7113.29%Buy70.52%-68.37%N/AN/A
CIX
COMPX INTERNATIONAL INC
$402.17M$32.66N/AN/AN/AN/AN/AN/AN/AN/A
REVG
REV GROUP INC
$1.20B$23.25$20.00-13.98%Strong Sell1-1.33%-29.66%N/AN/A
LMB
LIMBACH HOLDINGS INC
$504.38M$45.31N/AN/AN/AN/A-0.26%N/AN/AN/A
LICN
LICHEN CHINA LTD
$29.42M$1.11N/AN/AN/AN/AN/AN/AN/AN/A
ADP
AUTOMATIC DATA PROCESSING INC
$99.00B$241.89$253.894.96%Hold94.39%8.35%N/AN/A
SFWL
SHENGFENG DEVELOPMENT LTD
$152.62M$1.85N/AN/AN/AN/AN/AN/AN/AN/A
BRC
BRADY CORP
$2.87B$59.45$65.009.34%Strong Buy1N/AN/AN/AN/A
GVH
GLOBAVEND HOLDINGS LTD
$18.75M$1.25N/AN/AN/AN/AN/AN/AN/AN/A
SXI
STANDEX INTERNATIONAL CORP
$2.07B$174.96$195.0011.45%Strong Buy21.57%21.41%N/AN/A
TCOM
TRIPCOM GROUP LTD
$34.33B$53.30$56.435.87%Strong Buy718.07%-14.39%N/AN/A
CISS
C3IS INC
$116.27k$1.33N/AN/AN/AN/AN/AN/AN/AN/A
TKR
TIMKEN CO
$6.30B$89.49$89.33-0.18%Buy90.33%22.28%N/AN/A
DOV
DOVER CORP
$24.60B$178.99$189.255.73%Buy82.85%-9.63%N/AN/A
WERN
WERNER ENTERPRISES INC
$2.30B$36.31$40.1010.44%Hold103.30%107.08%N/AN/A
KFRC
KFORCE INC
$1.25B$64.00$70.5010.16%Buy2-3.67%N/AN/AN/A
STRL
STERLING INFRASTRUCTURE INC
$3.13B$101.15$115.0013.69%Hold111.68%-17.29%N/AN/A
LECO
LINCOLN ELECTRIC HOLDINGS INC
$12.69B$222.93$239.607.48%Buy53.44%-4.37%N/AN/A
NOC
NORTHROP GRUMMAN CORP
$69.42B$469.09$496.835.91%Hold63.73%78.50%N/AN/A
SNA
SNAP-ON INC
$14.29B$271.03$308.4013.79%Buy5-1.36%-6.34%N/AN/A
DY
DYCOM INDUSTRIES INC
$4.19B$144.03$162.0012.48%Strong Buy38.56%-7.37%N/AN/A
REZI
RESIDEO TECHNOLOGIES INC
$2.99B$20.49N/AN/AN/AN/A1.03%82.92%N/AN/A
PAYX
PAYCHEX INC
$43.23B$120.10$121.601.25%Hold103.83%3.76%N/AN/A
GD
GENERAL DYNAMICS CORP
$79.06B$288.14$313.918.94%Strong Buy115.89%25.34%N/AN/A
HSII
HEIDRICK & STRUGGLES INTERNATIONAL INC
$600.26M$29.83$35.0017.33%Buy20.66%N/AN/AN/A
ODFL
OLD DOMINION FREIGHT LINE INC
$40.28B$185.06$218.1517.88%Buy108.15%12.85%N/AN/A
ITT
ITT INC
$10.56B$128.31$147.4014.88%Strong Buy56.94%4.12%N/AN/A
OSK
OSHKOSH CORP
$7.48B$114.40$128.4612.29%Buy114.39%-14.47%N/AN/A
ABM
ABM INDUSTRIES INC
$2.83B$44.77$46.503.86%Hold21.35%13.13%N/AN/A
LHX
L3HARRIS TECHNOLOGIES INC
$40.26B$212.24$242.0014.02%Strong Buy104.84%103.05%N/AN/A
POOL
POOL CORP
$13.98B$364.65$392.007.50%Hold33.46%41.04%N/AN/A
LNN
LINDSAY CORP
$1.31B$118.29$132.0011.59%Buy21.65%16.31%N/AN/A
TDCX
TDCX INC
$1.04B$7.10N/AN/AN/AN/A11.16%N/AN/AN/A
HII
HUNTINGTON INGALLS INDUSTRIES INC
$9.71B$246.23$292.5018.79%Buy23.02%13.41%N/AN/A
CDTG
CDT ENVIRONMENTAL TECHNOLOGY INVESTMENT HOLDINGS LTD
N/A$3.39N/AN/AN/AN/AN/AN/AN/AN/A
GIC
GLOBAL INDUSTRIAL CO
$1.33B$34.79N/AN/AN/AN/A3.66%14.13%N/AN/A
GWW
WW GRAINGER INC
$45.73B$931.94$1.00k7.41%Buy75.88%-0.72%N/AN/A
GPN
GLOBAL PAYMENTS INC
$28.43B$111.37$153.6537.96%Strong Buy172.54%72.54%N/AN/A
ETN
EATON CORP PLC
$128.14B$320.50$319.36-0.36%Strong Buy147.01%7.38%N/AN/A
BWLP
BW LPG LTD
N/A$15.10N/AN/AN/AN/AN/AN/AN/AN/A
FLS
FLOWSERVE CORP
$6.26B$47.52$54.5014.69%Strong Buy83.79%-3.90%N/AN/A
CNI
CANADIAN NATIONAL RAILWAY CO
$78.77B$123.54$139.1112.60%Hold96.40%5.92%N/AN/A
KAI
KADANT INC
$3.19B$272.46$360.0032.13%Buy110.97%N/AN/AN/A
CXT
CRANE NXT CO
$3.50B$61.52$95.5055.23%Strong Buy223.14%63.79%N/AN/A

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.