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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
BZ
KANZHUN LTD
NASDAQ
Staffing & Employment Services
$8.20B$22.170.23%$228.17M63.52x0.34
DAC
DANAOS CORP
NYSE
Marine Shipping
$1.65B$85.15-0.19%$726.05M2.94x0.21
RGP
RESOURCES CONNECTION INC
NASDAQ
Consulting Services
$387.10M$11.45-0.52%$43.19M16.84x0.26
ESEA
EUROSEAS LTD
NASDAQ
Marine Shipping
$270.89M$38.62-1.83%$143.82M2.34x0.59
SBLK
STAR BULK CARRIERS CORP
NASDAQ
Marine Shipping
$2.19B$26.050.70%$393.28M14.80x0.82
ESOA
ENERGY SERVICES OF AMERICA CORP
NASDAQ
Engineering & Construction
$106.12M$6.39-0.78%$25.33M10.65x2.94
GASS
STEALTHGAS INC
NASDAQ
Marine Shipping
$253.72M$7.024.00%$85.70M5.09x0.27
ZTO
ZTO EXPRESS (CAYMAN) INC
NYSE
Integrated Freight & Logistics
$19.99B$24.594.28%$1.91B16.87x0.54
WNC
WABASH NATIONAL CORP
NYSE
Farm & Heavy Construction Machinery
$1.01B$22.47-3.23%$321.77M5.29x1.52
EMR
EMERSON ELECTRIC CO
NYSE
Specialty Industrial Machinery
$64.58B$112.880.05%$12.67B6.00x0.94
VTSI
VIRTRA INC
NASDAQ
Aerospace & Defense
$112.32M$10.11-3.35%$9.80M16.57x0.58
MIDD
MIDDLEBY CORP
NASDAQ
Specialty Industrial Machinery
$7.16B$133.080.33%$749.53M18.38x1.09
HAYN
HAYNES INTERNATIONAL INC
NASDAQ
Metal Fabrication
$757.39M$59.250.05%$73.37M19.82x0.56
ARCB
ARCBEST CORP
NASDAQ
Trucking
$2.67B$113.78-1.21%$316.29M22.35x0.93
KMT
KENNAMETAL INC
NYSE
Tools & Accessories
$2.05B$26.00-0.04%$291.70M18.98x0.96
ABNB
AIRBNB INC
NASDAQ
Travel Services
$93.81B$145.66-1.04%$2.39B18.92x2.11
POWL
POWELL INDUSTRIES INC
NASDAQ
Electrical Equipment & Parts
$1.90B$158.12-3.37%$137.82M18.43x1.16
RHI
ROBERT HALF INC
NYSE
Staffing & Employment Services
$7.44B$70.87-0.85%$598.18M21.09x0.90
CAT
CATERPILLAR INC
NYSE
Farm & Heavy Construction Machinery
$174.31B$356.271.58%$16.67B16.00x3.75
TNC
TENNANT CO
NYSE
Specialty Industrial Machinery
$1.99B$104.90-0.55%$191.40M17.14x0.87
PPSI
PIONEER POWER SOLUTIONS INC
NASDAQ
Electrical Equipment & Parts
$38.23M$3.85-2.28%$3.27M21.39x0.93
HY
HYSTER-YALE MATERIALS HANDLING INC
NYSE
Farm & Heavy Construction Machinery
$1.31B$75.120.83%$301.70M8.59x4.10
SB
SAFE BULKERS INC
NYSE
Marine Shipping
$621.66M$5.57-0.18%$156.19M9.13x0.69
PXS
PYXIS TANKERS INC
NASDAQ
Marine Shipping
$52.92M$5.02-0.10%$48.38M1.49x0.68
JBT
JOHN BEAN TECHNOLOGIES CORP
NYSE
Specialty Industrial Machinery
$2.98B$93.550.06%$717.20M5.08x0.81
RCMT
RCM TECHNOLOGIES INC
NASDAQ
Conglomerates
$170.58M$22.000.09%$25.05M10.43x3.10
TEX
TEREX CORP
NYSE
Farm & Heavy Construction Machinery
$4.12B$61.161.38%$704.20M8.02x1.17
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
NASDAQ
Airlines
$565.57M$10.75-2.45%$228.65M8.33x2.03
MLI
MUELLER INDUSTRIES INC
NYSE
Metal Fabrication
$6.53B$57.51-1.30%$818.91M11.29x0.18
TAYD
TAYLOR DEVICES INC
NASDAQ
Specialty Industrial Machinery
$157.45M$50.89-0.31%$11.53M20.44x0.15
VCIG
VCI GLOBAL LTD
NASDAQ
Consulting Services
$33.46M$0.88-8.33%$7.52M4.33x0.26
ASTE
ASTEC INDUSTRIES INC
NASDAQ
Farm & Heavy Construction Machinery
$762.41M$33.49-0.18%$66.30M30.72x0.73
AOS
SMITH A O CORP
NYSE
Specialty Industrial Machinery
$12.57B$85.680.37%$842.60M22.20x0.69
DCI
DONALDSON CO INC
NYSE
Specialty Industrial Machinery
$8.88B$73.78-0.18%$608.20M23.72x1.02
WOR
WORTHINGTON ENTERPRISES INC
NYSE
Metal Fabrication
$2.93B$58.37-1.57%$473.66M10.46x0.87
SGRP
SPAR GROUP INC
NASDAQ
Specialty Business Services
$46.48M$1.919.14%$17.79M4.66x1.96
EPAC
ENERPAC TOOL GROUP CORP
NYSE
Specialty Industrial Machinery
$2.05B$37.710.32%$121.64M29.69x1.28
FDX
FEDEX CORP
NYSE
Integrated Freight & Logistics
$63.30B$257.25-0.59%$10.78B14.70x2.27
WIRE
ENCORE WIRE CORP
NASDAQ
Electrical Equipment & Parts
$4.43B$280.57-0.51%$444.20M14.45x0.13
LMB
LIMBACH HOLDINGS INC
NASDAQ
Engineering & Construction
$533.88M$47.74-1.28%$46.53M20.58x1.30
THR
THERMON GROUP HOLDINGS INC
NYSE
Specialty Industrial Machinery
$1.18B$34.991.27%$91.41M23.80x0.72
UNF
UNIFIRST CORP
NYSE
Specialty Business Services
$3.12B$167.040.20%$285.97M26.18x0.28
ALLE
ALLEGION PLC
NYSE
Security & Protection Services
$10.88B$124.43-0.77%$826.80M20.20x2.17
LSTR
LANDSTAR SYSTEM INC
NASDAQ
Integrated Freight & Logistics
$6.55B$183.13-1.22%$359.92M28.17x0.72
DY
DYCOM INDUSTRIES INC
NYSE
Engineering & Construction
$4.33B$148.780.88%$542.88M19.94x1.39
CMI
CUMMINS INC
NYSE
Specialty Industrial Machinery
$39.06B$285.56-0.80%$4.11B20.83x2.40
POOL
POOL CORP
NASDAQ
Industrial Distribution
$14.06B$366.90-0.63%$694.82M28.44x1.79
BBSI
BARRETT BUSINESS SERVICES INC
NASDAQ
Staffing & Employment Services
$821.32M$125.550.23%$81.08M16.92x2.94
LMT
LOCKHEED MARTIN CORP
NYSE
Aerospace & Defense
$111.86B$466.200.29%$10.36B17.00x7.27
PCAR
PACCAR INC
NASDAQ
Farm & Heavy Construction Machinery
$55.56B$106.000.07%$7.84B10.97x1.39
ADP
AUTOMATIC DATA PROCESSING INC
NASDAQ
Staffing & Employment Services
$103.28B$252.330.91%$5.72B28.01x12.87
MWA
MUELLER WATER PRODUCTS INC
NYSE
Specialty Industrial Machinery
$2.99B$19.200.16%$206.50M30.00x1.04
LICN
LICHEN CHINA LTD
NASDAQ
Specialty Business Services
$46.38M$1.754.17%$14.58M5.47x0.07
TH
TARGET HOSPITALITY CORP
NASDAQ
Specialty Business Services
$1.14B$11.41-0.87%$312.13M7.71x0.83
CMRE
COSTAMARE INC
NYSE
Marine Shipping
$1.73B$14.651.38%$696.52M4.97x1.20
STRL
STERLING INFRASTRUCTURE INC
NASDAQ
Engineering & Construction
$3.98B$128.86-0.88%$286.82M26.46x1.81
ROK
ROCKWELL AUTOMATION INC
NYSE
Specialty Industrial Machinery
$30.75B$269.76-0.50%$1.89B26.24x2.16
KFRC
KFORCE INC
NASDAQ
Staffing & Employment Services
$1.25B$64.07-1.60%$86.95M21.87x1.23
CISS
C3IS INC
NASDAQ
Marine Shipping
$146.00k$1.6712.08%$14.76M0.01x0.72
TKR
TIMKEN CO
NYSE
Tools & Accessories
$6.38B$90.63-0.18%$827.80M17.13x1.46
SFWL
SHENGFENG DEVELOPMENT LTD
NASDAQ
Integrated Freight & Logistics
$164.17M$1.990.51%$30.76M15.31x1.42
DOV
DOVER CORP
NYSE
Specialty Industrial Machinery
$25.30B$184.09-0.03%$2.24B17.58x1.33
EBF
ENNIS INC
NYSE
Business Equipment & Supplies
$536.57M$20.65-0.72%$72.66M12.52x0.14
GGG
GRACO INC
NYSE
Specialty Industrial Machinery
$14.04B$83.02-0.47%$672.22M27.86x0.19
ICFI
ICF INTERNATIONAL INC
NASDAQ
Consulting Services
$2.81B$149.802.17%$206.98M30.14x1.20
BLD
TOPBUILD CORP
NYSE
Engineering & Construction
$12.86B$404.04-0.47%$1.06B20.25x0.96
LECO
LINCOLN ELECTRIC HOLDINGS INC
NASDAQ
Tools & Accessories
$12.92B$226.97-0.57%$816.96M23.74x1.58
GIC
GLOBAL INDUSTRIAL CO
NYSE
Industrial Distribution
$1.33B$34.831.13%$103.30M18.93x0.99
REZI
RESIDEO TECHNOLOGIES INC
NYSE
Security & Protection Services
$3.15B$21.59-0.78%$464.00M16.23x1.36
SNA
SNAP-ON INC
NYSE
Tools & Accessories
$14.71B$278.980.78%$1.47B14.39x0.49
UPS
UNITED PARCEL SERVICE INC
NYSE
Integrated Freight & Logistics
$127.68B$149.24-0.28%$11.81B21.60x3.00
AGCO
AGCO CORP
NYSE
Farm & Heavy Construction Machinery
$8.21B$110.02-1.79%$1.59B7.43x1.83
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
NASDAQ
Aerospace & Defense
$92.37M$5.28-2.40%$10.29M14.27x0.39
PAYX
PAYCHEX INC
NASDAQ
Staffing & Employment Services
$45.23B$125.650.37%$2.36B27.26x2.48
HSII
HEIDRICK & STRUGGLES INTERNATIONAL INC
NASDAQ
Staffing & Employment Services
$728.34M$35.970.84%$95.74M13.63x1.06
TCOM
TRIPCOM GROUP LTD
NASDAQ
Travel Services
$36.60B$56.830.74%$2.02B27.05x0.79
GD
GENERAL DYNAMICS CORP
NYSE
Aerospace & Defense
$82.04B$299.021.11%$5.02B24.11x1.58
IESC
IES HOLDINGS INC
NASDAQ
Engineering & Construction
$3.24B$159.95-1.39%$242.73M23.84x1.07
BWEN
BROADWIND INC
NASDAQ
Specialty Industrial Machinery
$74.55M$3.4326.10%$18.27M8.58x1.12
HII
HUNTINGTON INGALLS INDUSTRIES INC
NYSE
Aerospace & Defense
$10.08B$255.60-0.22%$1.31B14.42x1.71
LNN
LINDSAY CORP
NYSE
Farm & Heavy Construction Machinery
$1.29B$117.05-0.78%$118.04M18.64x0.58
IEX
IDEX CORP
NYSE
Specialty Industrial Machinery
$16.83B$222.330.04%$940.10M29.18x0.63
AME
AMETEK INC
NYSE
Specialty Industrial Machinery
$38.61B$166.80-0.66%$2.06B29.11x0.66
TTC
TORO CO
NYSE
Tools & Accessories
$9.21B$88.24-0.59%$496.41M31.97x1.46
TDCX
TDCX INC
NYSE
Specialty Business Services
$1.05B$7.160.56%$141.35M11.74x0.18
J
JACOBS SOLUTIONS INC
NYSE
Engineering & Construction
$17.08B$136.44-0.95%$1.31B26.19x1.24
BRC
BRADY CORP
NYSE
Security & Protection Services
$2.93B$60.560.33%$275.30M15.73x0.36
OSK
OSHKOSH CORP
NYSE
Farm & Heavy Construction Machinery
$7.65B$116.960.38%$1.15B11.11x1.48
BWLP
BW LPG LTD
NYSE
Marine Shipping
N/A$17.270.70%$717.81M4.89x0.59
WERN
WERNER ENTERPRISES INC
NASDAQ
Trucking
$2.37B$37.35-2.10%$443.66M28.51x1.00
FCN
FTI CONSULTING INC
NYSE
Consulting Services
$7.96B$223.100.57%$455.50M24.93x0.62
STN
STANTEC INC
NYSE
Engineering & Construction
$9.10B$79.74-0.61%$606.93M35.24x1.34
XYL
XYLEM INC
NYSE
Specialty Industrial Machinery
$34.75B$143.320.45%$1.27B49.76x0.56
CW
CURTISS WRIGHT CORP
NYSE
Aerospace & Defense
$10.66B$278.210.59%$651.88M28.48x0.94
REVG
REV GROUP INC
NYSE
Farm & Heavy Construction Machinery
$1.34B$25.85-0.65%$375.00M6.34x1.87
GWW
WW GRAINGER INC
NYSE
Industrial Distribution
$46.40B$945.66-0.23%$2.83B25.99x1.53
CNI
CANADIAN NATIONAL RAILWAY CO
NYSE
Railroads
$81.19B$127.340.61%$6.46B20.82x1.70
PH
PARKER HANNIFIN CORP
NYSE
Specialty Industrial Machinery
$70.07B$545.111.04%$4.96B25.30x1.55
CXT
CRANE NXT CO
NYSE
Specialty Industrial Machinery
$3.45B$60.410.23%$347.00M18.88x1.18
FELE
FRANKLIN ELECTRIC CO INC
NASDAQ
Specialty Industrial Machinery
$4.61B$99.95-0.41%$318.48M24.50x0.45

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.29%-0.34%+5.69%+16.05%21.79x5.62x+12.28%+4.24%+8.49%+7.84%Strong Buy
20-0.57%+0.45%+2.08%+1.70%15.77x2.97x+22.14%+4.54%+11.73%+24.42%Buy
9-0.06%+1.85%+18.29%+8.96%16.73x4.95x-17.47%+5.55%+8.58%-12.95%Strong Buy
5-0.44%+1.15%+11.22%+43.59%19.74x1.59x+8.35%+4.27%+8.11%+21.22%Strong Buy
21+0.59%+4.32%+10.22%-9.46%16.07x5.24x-10.89%+2.23%+8.54%+12.48%Strong Buy
16+0.05%+0.67%+8.61%+24.64%32.44x8.09x+86.84%+8.45%+16.78%+10.18%Buy
53-0.77%-1.73%+4.45%+30.77%39.70x4.39x+14.69%+5.44%+4.87%+12.43%Buy
41-0.01%-2.45%+9.80%+58.60%-65.95x4.32x+11.70%+5.18%+13.19%+7.58%Strong Buy
26+0.25%-1.97%-0.67%+19.86%13.13x4.76x+46.42%+11.27%+16.59%+9.66%Buy
17+0.13%-0.80%+3.83%+31.44%533.60x6.69x+34.59%+15.76%+28.64%+7.38%Strong Buy
3-0.49%+5.20%+13.51%+8.86%53.40x1.01x+17.47%+4.17%+11.97%-26.82%Hold
22-0.77%-1.15%+3.17%-9.34%20.86x4.11x+24.24%+7.80%+15.01%+12.69%Buy
40+0.64%+2.97%+16.21%+52.40%23.32x1.12x+4.93%+3.39%+5.53%+10.74%Strong Buy
20-0.78%-0.60%+8.11%+33.20%22.49x3.29x+18.16%+9.02%+15.06%+9.87%Buy
17-0.30%-0.17%+4.48%+24.68%12.65x7.70x+19.43%+2.55%+4.89%+14.82%Buy
11-0.06%-0.50%+4.17%+23.59%24.95x4.63x+27.00%+7.76%+10.43%+8.68%Buy
23+0.51%-0.23%+6.85%+41.04%16.37x2.34x+14.54%+6.10%+7.59%+3.15%Buy
23+0.16%-0.33%+2.25%+22.72%21.22x3.04x+24.93%+8.29%+15.19%+11.70%Buy
200-0.05%+0.24%+0.42%+4.92%16.84x-14.96x-20.93%+0.46%+4.71%N/A
38+0.09%+0.06%+3.91%+25.32%34.51x4.94x+27.23%+11.83%+19.79%+8.62%Buy
76+0.06%-0.90%+2.63%+29.74%25.65x5.18x+23.08%+9.11%+17.05%+11.03%Buy
25+0.12%+1.26%+1.59%+5.83%28.32x9.61x+65.48%+8.35%+44.95%+7.93%Buy
12+2.01%+0.54%+3.96%+9.53%-32.28x2.80x+17.14%+8.04%+14.16%+3.96%Buy
18-0.57%-1.74%+6.86%+38.28%25.24x12.69x-56.30%+14.29%+32.93%+10.64%Buy
16-1.47%-2.30%-13.32%+27.82%28.68x3.70x+19.99%+12.96%+19.17%+26.35%Buy
20+0.19%+0.27%+4.10%+20.92%37.74x5.85x+20.21%+5.45%+9.73%+7.97%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 37.49% over the past year, overperforming other industrial stocks by 16 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 5.7% from Danaos's current stock price of $85.15.

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 24.55% over the past year, overperforming other industrial stocks by 3 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 8.25% from Kanzhun's current stock price of $22.17.

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 -24.32% over the past year, underperforming other industrial stocks by -45 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 13.54% from Resources Connection's current stock price of $11.45.

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 26.32%, which is 24 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 16.67%, 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 0.04% in the last day, and down -0.28% over the last week. Safe & Green Holdings was the among the top gainers in the industrials sector, gaining 36.66% yesterday.

Safe & Green Holdings shares are trading higher after the company reported a year-over-year increase in Q1 EPS results.

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

Resources Connection's stock has dropped -24.32% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

2. Spar Group (NASDAQ:SGRP)


Spar Group (NASDAQ:SGRP) is the second 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 78.5% in the past year. It has overperformed other stocks in the industrial sector by 57 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 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 140.41% in the past year. It has overperformed other stocks in the industrial sector by 119 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 9.49% 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 38.71x.
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