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

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
NSP	INSPERITY INC	$3.94B	2.18%	54.90%	$0.5700	$2.28	45%	3
GRC	GORMAN RUPP CO	$863.65M	2.17%	51.10%	$0.1800	$0.72	44%	1		2024-06-10
KODK	EASTMAN KODAK CO	$401.60M	N/A	0.00%	N/A	N/A	N/A	N/A
GENC	GENCOR INDUSTRIES INC	$294.33M	N/A	0.00%	N/A	N/A	N/A	N/A
TXT	TEXTRON INC	$16.82B	0.09%	1.70%	$0.0200	$0.08	1%	1	2024-06-14	2024-07-01
CDRE	CADRE HOLDINGS INC	$1.21B	0.27%	7.80%	$0.0800	$0.08	3%	0
EXPE	EXPEDIA GROUP INC	$14.93B	N/A	0.00%	$0.3400	N/A	N/A	0
ESLT	ELBIT SYSTEMS LTD	$8.83B	1.01%	41.20%	$0.5000	$2.00	19%	1
KEX	KIRBY CORP	$6.77B	N/A	0.00%	N/A	N/A	N/A	N/A
MMS	MAXIMUS INC	$5.29B	1.36%	30.30%	$0.3000	$1.18	28%	0		2024-05-31
SAIA	SAIA INC	$10.90B	N/A	0.00%	N/A	N/A	N/A	N/A
HRI	HERC HOLDINGS INC	$4.52B	1.61%	21.10%	$0.6650	$2.56	34%	0
GNRC	GENERAC HOLDINGS INC	$8.80B	N/A	0.00%	N/A	N/A	N/A	N/A
ULBI	ULTRALIFE CORP	$195.46M	N/A	0.00%	N/A	N/A	N/A	N/A
ULH	UNIVERSAL LOGISTICS HOLDINGS INC	$1.24B	0.89%	9.20%	$0.1050	$0.42	17%	1	2024-06-03	2024-07-01
CASS	CASS INFORMATION SYSTEMS INC	$616.42M	2.61%	52.90%	$0.3000	$1.18	50%	0	2024-06-04	2024-06-14
IR	INGERSOLL RAND INC	$37.43B	0.11%	4.00%	$0.0200	$0.10	1%	0		2024-06-06
PL	PLANET LABS PBC	$604.49M	N/A	0.00%	N/A	N/A	N/A	N/A
RTO	RENTOKIL INITIAL PLC	$14.04B	0.64%	0.50%	$0.1774	$0.18	11%	0
BCO	BRINKS CO	$4.33B	0.93%	32.80%	$0.2425	$0.90	18%	0		2024-06-03
HURN	HURON CONSULTING GROUP INC	$1.56B	N/A	0.00%	N/A	N/A	N/A	N/A
TRIP	TRIPADVISOR INC	$2.63B	N/A	0.00%	N/A	N/A	N/A	N/A
PSHG	PERFORMANCE SHIPPING INC	$26.28M	N/A	0.00%	$1.5000	N/A	N/A	4
EFX	EQUIFAX INC	$31.06B	0.62%	34.40%	$0.3900	$1.56	11%	0	2024-05-23	2024-06-14
MAN	MANPOWERGROUP INC	$3.71B	3.78%	280.00%	$1.4700	$2.94	68%	0	2024-06-03	2024-06-14
UNP	UNION PACIFIC CORP	$150.42B	2.11%	49.60%	$1.3000	$5.20	43%	0	2024-05-31	2024-06-28
KNX	KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC	$8.07B	1.16%	85.30%	$0.1600	$0.58	23%	0	2024-06-10	2024-06-24
GE	GENERAL ELECTRIC CO	$178.94B	0.32%	16.80%	$0.2800	$0.52	5%	2
SCS	STEELCASE INC	$1.56B	2.94%	58.80%	$0.1000	$0.40	55%	2
BYRN	BYRNA TECHNOLOGIES INC	$284.21M	N/A	0.00%	N/A	N/A	N/A	N/A
GLDD	GREAT LAKES DREDGE & DOCK CORP	$646.64M	N/A	0.00%	N/A	N/A	N/A	N/A
LUNR	INTUITIVE MACHINES INC	$649.34M	N/A	0.00%	N/A	N/A	N/A	N/A
EXPD	EXPEDITORS INTERNATIONAL OF WASHINGTON INC	$16.64B	1.17%	29.10%	$0.6900	$1.38	23%	0	2024-06-03	2024-06-17
XMTR	XOMETRY INC	$761.50M	N/A	0.00%	N/A	N/A	N/A	N/A
MATW	MATTHEWS INTERNATIONAL CORP	$893.96M	3.26%	109.30%	$0.2400	$0.95	60%	0		2024-05-20
VRT	VERTIV HOLDINGS CO	$39.16B	0.05%	4.70%	$0.0250	$0.05	0%	0
R	RYDER SYSTEM INC	$5.62B	2.14%	35.00%	$0.7100	$2.75	44%	0	2024-05-17	2024-06-21
ACTG	ACACIA RESEARCH CORP	$530.12M	N/A	0.00%	$0.1250	N/A	N/A	0
CWST	CASELLA WASTE SYSTEMS INC	$5.67B	N/A	0.00%	N/A	N/A	N/A	N/A
MSM	MSC INDUSTRIAL DIRECT CO INC	$5.25B	3.52%	57.90%	$0.8300	$3.28	64%	2
RKLB	ROCKET LAB USA INC	$2.14B	N/A	0.00%	N/A	N/A	N/A	N/A
CTAS	CINTAS CORP	$70.25B	0.78%	35.30%	$1.3500	$5.40	14%	1		2024-06-14
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.68B	N/A	0.00%	N/A	N/A	N/A	N/A
RGR	STURM RUGER & CO INC	$749.47M	1.76%	46.40%	$0.2300	$0.76	37%	15	2024-05-17	2024-06-07
TRNS	TRANSCAT INC	$1.06B	N/A	0.00%	N/A	N/A	N/A	N/A
CP	CANADIAN PACIFIC KANSAS CITY LTD	$75.33B	0.77%	20.40%	$0.1900	$0.62	14%	1	2024-06-28	2024-07-29
BLDP	BALLARD POWER SYSTEMS INC	$936.77M	N/A	0.00%	N/A	N/A	N/A	N/A
GRNQ	GREENPRO CAPITAL CORP	$9.02M	N/A	0.00%	N/A	N/A	N/A	N/A
RSG	REPUBLIC SERVICES INC	$58.88B	1.12%	36.80%	$0.5350	$2.10	22%	0	2024-07-02	2024-07-15
AL	AIR LEASE CORP	$5.59B	1.63%	16.50%	$0.2100	$0.82	34%	0	2024-06-04	2024-07-08
AGX	ARGAN INC	$895.30M	1.70%	45.50%	$0.3000	$1.15	36%	3
GFF	GRIFFON CORP	$3.46B	0.79%	13.90%	$0.1500	$0.55	15%	3	2024-05-29	2024-06-20
AEIS	ADVANCED ENERGY INDUSTRIES INC	$4.02B	0.37%	14.70%	$0.1000	$0.40	5%	0	2024-05-23	2024-06-07
FTEK	FUEL TECH INC	$37.07M	N/A	0.00%	N/A	N/A	N/A	N/A
DRS	LEONARDO DRS INC	$6.13B	N/A	0.00%	N/A	N/A	N/A	N/A
WCC	WESCO INTERNATIONAL INC	$9.47B	0.83%	12.50%	$0.4125	$1.54	15%	0
BKNG	BOOKING HOLDINGS INC	$128.67B	0.23%	6.40%	$8.7500	$8.75	3%	0	2024-06-07	2024-06-28
CNHI	CNH INDUSTRIAL NV	$19.28B	3.97%	0.00%	$0.4700	$0.47	70%	3		2024-05-29
RAYA	ERAYAK POWER SOLUTION GROUP INC	$7.74M	N/A	0.00%	N/A	N/A	N/A	N/A
JOB	GEE GROUP INC	$34.81M	N/A	0.00%	N/A	N/A	N/A	N/A
CYD	CHINA YUCHAI INTERNATIONAL LTD	$337.49M	3.39%	29.00%	$0.2800	$0.28	62%	4
INTJ	INTELLIGENT GROUP LTD	$10.97M	N/A	0.00%	N/A	N/A	N/A	N/A
SCX	STARRETT L S CO	$121.63M	N/A	0.00%	$0.1000	N/A	N/A	0
ARMK	ARAMARK	$8.84B	1.17%	17.10%	$0.0950	$0.40	23%	1		2024-05-28
YTRA	YATRA ONLINE INC	$94.62M	N/A	0.00%	N/A	N/A	N/A	N/A
AMRC	AMERESCO INC	$1.47B	N/A	0.00%	N/A	N/A	N/A	N/A
FTAI	FTAI AVIATION LTD	$8.00B	1.50%	54.30%	$0.3000	$1.20	31%	0		2024-05-21
CTRM	CASTOR MARITIME INC	$34.30M	N/A	0.00%	N/A	N/A	N/A	N/A
GOGL	GOLDEN OCEAN GROUP LTD	$2.94B	4.07%	107.10%	$0.3000	$0.60	71%	9
EML	EASTERN CO	$178.84M	1.53%	27.70%	$0.1100	$0.44	32%	1		2024-06-17
AZZ	AZZ INC	$1.97B	0.87%	24.40%	$0.1700	$0.68	16%	0
NVEE	NV5 GLOBAL INC	$1.53B	N/A	0.00%	N/A	N/A	N/A	N/A
TNL	TRAVEL & LEISURE CO	$3.25B	4.05%	34.00%	$0.5000	$1.85	71%	2
PTSI	PAM TRANSPORTATION SERVICES INC	$385.61M	N/A	0.00%	N/A	N/A	N/A	N/A
EXPO	EXPONENT INC	$4.83B	1.11%	53.50%	$0.2800	$1.06	22%	0	2024-06-07	2024-06-21
FC	FRANKLIN COVEY CO	$512.86M	N/A	0.00%	N/A	N/A	N/A	N/A
HURC	HURCO COMPANIES INC	$115.61M	3.60%	290.90%	$0.1600	$0.64	65%	0
BWMN	BOWMAN CONSULTING GROUP LTD	$562.50M	N/A	0.00%	N/A	N/A	N/A	N/A
ZIP	ZIPRECRUITER INC	$998.03M	N/A	0.00%	N/A	N/A	N/A	N/A
NVX	NOVONIX LTD	$284.69M	N/A	0.00%	N/A	N/A	N/A	N/A
MTEN	MINGTENG INTERNATIONAL CORP INC	$41.90M	N/A	0.00%	N/A	N/A	N/A	N/A
VRME	VERIFYME INC	$17.50M	N/A	0.00%	N/A	N/A	N/A	N/A
GXO	GXO LOGISTICS INC	$6.28B	N/A	0.00%	N/A	N/A	N/A	N/A
BWXT	BWX TECHNOLOGIES INC	$8.28B	1.03%	33.60%	$0.2400	$0.93	20%	1	2024-05-16	2024-06-06
ACA	ARCOSA INC	$4.34B	0.22%	6.80%	$0.0500	$0.20	3%	0	2024-07-15	2024-07-31
SPCE	VIRGIN GALACTIC HOLDINGS INC	$436.04M	N/A	0.00%	N/A	N/A	N/A	N/A
NWPX	NORTHWEST PIPE CO	$357.65M	N/A	0.00%	N/A	N/A	N/A	N/A
SWBI	SMITH & WESSON BRANDS INC	$737.83M	2.96%	80.70%	$0.1200	$0.48	56%	0
MMYT	MAKEMYTRIP LTD	$9.52B	N/A	0.00%	N/A	N/A	N/A	N/A
MATX	MATSON INC	$3.93B	1.11%	14.80%	$0.3200	$1.28	22%	0		2024-06-06
ERJ	EMBRAER SA	$5.57B	N/A	0.00%	$0.0103	N/A	N/A	9
DAL	DELTA AIR LINES INC	$34.37B	0.75%	3.80%	$0.1000	$0.40	13%	1		2024-06-04
ALK	ALASKA AIR GROUP INC	$5.52B	N/A	0.00%	$0.3750	N/A	N/A	0
CMPO	COMPOSECURE INC	$523.84M	N/A	0.00%	N/A	N/A	N/A	N/A
IIIN	INSTEEL INDUSTRIES INC	$651.05M	7.84%	209.60%	$0.0300	$2.62	90%	7
CAR	AVIS BUDGET GROUP INC	$4.35B	8.20%	30.90%	$10.0000	$10.00	92%	0
GWH	ESS TECH INC	$136.61M	N/A	0.00%	N/A	N/A	N/A	N/A
RTX	RTX CORP	$140.06B	2.24%	92.90%	$0.5900	$2.36	45%	1	2024-05-16	2024-06-13
VLRS	CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV	$229.87M	N/A	0.00%	N/A	N/A	N/A	N/A
ASTC	ASTROTECH CORP	$15.43M	N/A	0.00%	N/A	N/A	N/A	N/A

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	71	+0.24%	-0.46%	+5.63%	+12.75%	22.54x	5.58x	+12.32%	+4.25%	+8.48%	+8.27%	Strong Buy
Airlines	20	-0.48%	+2.26%	+5.58%	+6.54%	15.82x	2.99x	+22.14%	+4.59%	+12.08%	+21.12%	Buy
Airports & Air Services	9	+0.00%	+2.03%	+12.75%	+8.14%	16.49x	4.88x	-16.58%	+5.44%	+8.60%	-11.58%	Strong Buy
Business Equipment & Supplies	5	+0.35%	+3.28%	+11.30%	+43.55%	20.26x	1.60x	+8.35%	+4.26%	+8.10%	+18.76%	Strong Buy
Conglomerates	21	+1.22%	+0.15%	+8.87%	-7.67%	16.15x	5.18x	-9.76%	+2.14%	+8.88%	+11.98%	Strong Buy
Consulting Services	16	+0.89%	+2.07%	+7.21%	+25.19%	31.55x	8.09x	+85.64%	+8.36%	+16.64%	+10.39%	Buy
Electrical Equipment & Parts	54	+1.62%	+2.16%	+5.37%	+33.78%	43.40x	4.59x	+14.95%	+5.51%	+5.16%	+8.50%	Buy
Engineering & Construction	41	+1.77%	+1.89%	+10.29%	+63.10%	-65.04x	4.42x	+11.83%	+5.23%	+13.27%	+4.77%	Strong Buy
Farm & Heavy Construction Machinery	26	+0.27%	+3.15%	+0.63%	+23.28%	13.39x	4.88x	+46.30%	+11.24%	+16.42%	+6.56%	Buy
Industrial Distribution	17	+1.03%	+2.50%	+3.71%	+34.44%	571.15x	6.84x	+34.55%	+15.70%	+28.56%	+5.18%	Strong Buy
Infrastructure Operations	3	+1.24%	+2.94%	+11.14%	+11.50%	53.46x	1.01x	+17.46%	+4.16%	+11.97%	-26.93%	Hold
Integrated Freight & Logistics	22	-0.12%	+0.59%	-0.08%	-8.62%	20.67x	4.05x	+24.31%	+7.80%	+14.95%	+12.32%	Buy
Marine Shipping	40	+0.16%	+2.67%	+12.63%	+52.16%	23.07x	1.10x	+5.76%	+3.69%	+6.01%	+10.90%	Strong Buy
Metal Fabrication	20	+1.17%	+1.46%	+8.93%	+35.79%	22.77x	3.35x	+18.08%	+9.04%	+14.95%	+8.58%	Buy
Pollution & Treatment Controls	17	+1.06%	+2.22%	+4.97%	+27.40%	12.87x	7.75x	+19.67%	+2.57%	+4.92%	+13.69%	Buy
Railroads	11	+0.51%	+0.43%	+2.35%	+23.55%	24.90x	4.63x	+27.08%	+7.76%	+10.47%	+8.61%	Buy
Rental & Leasing Services	23	+1.07%	+3.43%	+5.31%	+44.95%	16.64x	2.39x	+14.48%	+6.14%	+7.69%	+0.81%	Buy
Security & Protection Services	23	+0.92%	+1.01%	+2.07%	+24.00%	21.42x	3.07x	+25.07%	+8.33%	+15.24%	+10.34%	Buy
Shell Companies	201	-0.32%	-0.33%	-0.54%	+3.98%	18.86x	-14.33x	-22.51%	+0.45%	+4.61%	N/A
Specialty Business Services	39	+0.65%	+1.63%	+3.56%	+26.21%	34.51x	4.94x	+27.14%	+11.80%	+19.76%	+8.69%	Buy
Specialty Industrial Machinery	77	+0.79%	+1.39%	+3.30%	+31.62%	24.44x	5.25x	+21.90%	+8.66%	+16.19%	+8.99%	Buy
Staffing & Employment Services	25	+0.67%	+1.25%	+0.24%	+4.95%	27.85x	9.46x	+65.13%	+8.35%	+44.84%	+9.15%	Buy
Tools & Accessories	12	+0.25%	+2.31%	+1.88%	+9.41%	-33.23x	2.82x	+17.16%	+8.02%	+14.15%	+4.48%	Buy
Travel Services	18	+0.58%	+3.15%	+7.62%	+43.60%	25.10x	12.74x	-58.04%	+14.36%	+33.24%	+8.56%	Buy
Trucking	16	+0.57%	+0.80%	-16.30%	+30.81%	29.22x	3.76x	+19.95%	+12.89%	+19.09%	+23.80%	Buy
Waste Management	20	-0.06%	+0.57%	+2.48%	+19.75%	37.34x	5.80x	+20.26%	+5.45%	+9.73%	+8.64%	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 43.02% over the past year, overperforming other industrial stocks by 21 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 6.66% from Danaos's current stock price of $84.38.

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 16.91% 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 10.91% from Kanzhun's current stock price of $21.64.

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 -25.02% over the past year, underperforming other industrial stocks by -48 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 13.84% from Resources Connection's current stock price of $11.42.

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 24.63%, which is 23 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 16.88%, which is 15 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 0.71% in the last day, and up 1.44% over the last week. Vertiv Holdings Co was the among the top gainers in the industrials sector, gaining 5.95% yesterday.

Vertiv Holdings shares are trading higher after B of A Securities raised its price target on the stock from $100 to $115.

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 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 136.43% in the past year. It has overperformed other stocks in the industrial sector by 114 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 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 69.96% in the past year. It has overperformed other stocks in the industrial sector by 47 percentage points.

3. Spar Group (NASDAQ:SGRP)

Spar Group (NASDAQ:SGRP) is the third 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 73.53% in the past year. It has overperformed other stocks in the industrial sector by 51 percentage points.

Are industrial stocks a good buy now?

47.12% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.18% 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 40.21x.

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