Sectors & Industries IndustrialsElectrical Equipment & Parts
Best Electrical Equipment & Part Stocks to Buy Now (2024)
Top electrical equipment & part stocks in 2024 ranked by overall Zen Score. See the best electrical equipment & part stocks to buy now, according to analyst forecasts for the electrical equipment & parts industry.

Industry: Electrical Equipment & Pa...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PPSI	PIONEER POWER SOLUTIONS INC	NASDAQ	Electrical Equipment & Parts	$39.62M	$3.99	0.25%	$3.27M	22.17x	0.93
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.44B	$280.90	0.19%	$444.20M	14.46x	0.13
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$2.02B	$168.23	1.74%	$137.82M	19.61x	1.16
MAMO	MASSIMO GROUP	NASDAQ	Electrical Equipment & Parts	$174.70M	$4.23	5.22%	$16.36M	16.27x	1.90
ESP	ESPEY MFG & ELECTRONICS CORP	NYSEMKT	Electrical Equipment & Parts	$69.07M	$25.48	0.43%	$6.38M	13.48x	0.32
ATKR	ATKORE INC	NYSE	Electrical Equipment & Parts	$5.69B	$156.21	-3.06%	$916.44M	9.60x	0.92
ENS	ENERSYS	NYSE	Electrical Equipment & Parts	$3.91B	$96.84	0.39%	$445.99M	14.43x	1.03
AYI	ACUITY BRANDS INC	NYSE	Electrical Equipment & Parts	$8.15B	$264.73	-0.53%	$590.20M	21.86x	0.64
ENR	ENERGIZER HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.16B	$30.06	1.04%	$397.10M	25.05x	21.41
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$21.86B	$407.27	-0.47%	$1.17B	30.17x	1.34
NVT	NVENT ELECTRIC PLC	NYSE	Electrical Equipment & Parts	$13.57B	$81.74	-0.40%	$766.30M	23.42x	0.92
PLPC	PREFORMED LINE PRODUCTS CO	NASDAQ	Electrical Equipment & Parts	$644.85M	$131.12	-1.03%	$89.55M	12.51x	0.42
ULBI	ULTRALIFE CORP	NASDAQ	Electrical Equipment & Parts	$203.03M	$12.33	-2.61%	$19.24M	19.27x	0.40
VRT	VERTIV HOLDINGS CO	NYSE	Electrical Equipment & Parts	$35.71B	$95.40	-2.59%	$878.40M	90.00x	4.45
CBAT	CBAK ENERGY TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$102.51M	$1.14	2.70%	$9.94M	-38.00x	1.49
AEIS	ADVANCED ENERGY INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$3.82B	$102.13	0.23%	$179.00M	37.41x	1.21
RAYA	ERAYAK POWER SOLUTION GROUP INC	NASDAQ	Electrical Equipment & Parts	$7.97M	$0.64	3.06%	$2.72M	6.40x	0.75
ZEO	ZEO ENERGY CORP	NASDAQ	Electrical Equipment & Parts	$201.69M	$5.01	-0.20%	$8.21M	0.80x	0.48
NVX	NOVONIX LTD	NASDAQ	Electrical Equipment & Parts	$290.80M	$2.38	4.85%	N/A	-595.00x	0.43
GWH	ESS TECH INC	NYSE	Electrical Equipment & Parts	$129.44M	$0.74	-12.63%	-$66.07M	-1.68x	0.41
FCEL	FUELCELL ENERGY INC	NASDAQ	Electrical Equipment & Parts	$315.85M	$0.70	-5.28%	-$70.58M	-2.69x	0.27
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$304.52M	$1.72	-2.82%	-$53.08M	-4.53x	0.08
ENVX	ENOVIX CORP	NASDAQ	Electrical Equipment & Parts	$1.45B	$8.51	-6.89%	-$126.12M	-7.34x	1.21
HAYW	HAYWARD HOLDINGS INC	NYSE	Electrical Equipment & Parts	$3.12B	$14.54	-1.09%	$229.86M	36.35x	1.22
BE	BLOOM ENERGY CORP	NYSE	Electrical Equipment & Parts	$2.53B	$11.16	-4.94%	-$84.23M	-8.45x	3.86
SKYX	SKYX PLATFORMS CORP	NASDAQ	Electrical Equipment & Parts	$97.84M	$1.01	-0.98%	-$32.85M	-2.24x	3.71
AMPX	AMPRIUS TECHNOLOGIES INC	NYSE	Electrical Equipment & Parts	$186.11M	$1.97	-11.26%	-$32.92M	-4.58x	0.75
FLUX	FLUX POWER HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$56.54M	$3.42	-25.33%	-$2.75M	-9.50x	4.10
MVST	MICROVAST HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$135.13M	$0.43	-2.52%	-$69.40M	-1.33x	0.91
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	NASDAQ	Electrical Equipment & Parts	$1.45B	$23.47	0.04%	$105.62M	17.39x	0.49
PLUG	PLUG POWER INC	NASDAQ	Electrical Equipment & Parts	$1.90B	$2.56	-7.58%	-$1.34B	-1.06x	0.66
OPTT	OCEAN POWER TECHNOLOGIES INC	NYSEMKT	Electrical Equipment & Parts	$11.24M	$0.19	-3.57%	-$31.69M	-0.36x	0.37
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	NASDAQ	Electrical Equipment & Parts	$31.13M	$1.51	7.09%	$12.77M	7.95x	0.97
KE	KIMBALL ELECTRONICS INC	NASDAQ	Electrical Equipment & Parts	$555.33M	$22.33	-1.11%	$98.27M	17.31x	1.34
LTBR	LIGHTBRIDGE CORP	NASDAQ	Electrical Equipment & Parts	$35.08M	$2.43	-3.57%	-$8.70M	-3.57x	0.03
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	NASDAQ	Electrical Equipment & Parts	$563.01M	$11.13	1.64%	-$42.46M	-9.16x	2.67
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	NASDAQ	Electrical Equipment & Parts	$74.72M	$1.24	-10.14%	$3.41M	-4.77x	1.69
ELVA	ELECTROVAYA INC	NASDAQ	Electrical Equipment & Parts	$108.26M	$3.20	1.59%	-$1.25M	-80.00x	4.11
OESX	ORION ENERGY SYSTEMS INC	NASDAQ	Electrical Equipment & Parts	$27.38M	$0.84	-4.43%	-$14.94M	-1.48x	2.17
IPWR	IDEAL POWER INC	NASDAQ	Electrical Equipment & Parts	$55.29M	$7.50	-3.10%	-$9.62M	-4.66x	0.22
EPOW	SUNRISE NEW ENERGY CO LTD	NASDAQ	Electrical Equipment & Parts	$18.36M	$0.72	2.55%	-$16.43M	-0.82x	2.37
XPON	EXPION360 INC	NASDAQ	Electrical Equipment & Parts	$14.07M	$2.00	0.50%	-$7.12M	-1.85x	1.23
FREY	FREYR BATTERY INC	NYSE	Electrical Equipment & Parts	$261.25M	$1.87	-5.08%	-$80.72M	-3.02x	0.15
EOSE	EOS ENERGY ENTERPRISES INC	NASDAQ	Electrical Equipment & Parts	$146.92M	$0.73	6.93%	-$162.47M	-0.40x	-2.68
POLA	POLAR POWER INC	NASDAQ	Electrical Equipment & Parts	$6.67M	$0.38	3.83%	-$5.60M	-0.78x	0.92
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	NASDAQ	Electrical Equipment & Parts	$29.59M	$2.63	-6.07%	$337.04k	-131.50x	0.54
SVT	SERVOTRONICS INC	NYSEMKT	Electrical Equipment & Parts	$31.92M	$12.53	-5.11%	-$6.69M	-3.20x	0.49
NXU	NXU INC	NASDAQ	Electrical Equipment & Parts	$188.74k	$0.41	-0.96%	-$62.86M	-0.00x	1.28
NEOV	NEOVOLTA INC	NASDAQ	Electrical Equipment & Parts	$90.07M	$2.71	2.26%	-$1.90M	-45.17x	0.00
STI	SOLIDION TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$163.26M	$2.23	-3.88%	-$5.32M	N/A	-2.65
SERV	SERVE ROBOTICS INC	NASDAQ	Electrical Equipment & Parts	N/A	$3.03	5.21%	-$20.69M	-1.73x	-1.70
RFIL	R F INDUSTRIES LTD	NASDAQ	Electrical Equipment & Parts	$30.96M	$2.95	-1.99%	-$2.60M	-9.52x	1.05
EAF	GRAFTECH INTERNATIONAL LTD	NYSE	Electrical Equipment & Parts	$442.33M	$1.72	-2.82%	-$177.66M	-1.59x	31.32
CAPT	CAPTIVISION INC	NASDAQ	Electrical Equipment & Parts	$148.96M	$5.14	-0.96%	-$70.90M	-1.27x	-1.54
GTI	GRAPHJET TECHNOLOGY	NASDAQ	Electrical Equipment & Parts	$1.04B	$7.20	-3.33%	-$1.88M	-7.66x	-3.43
NCNC	NOCO-NOCO INC	NASDAQ	Electrical Equipment & Parts	$24.51M	$0.18	-0.55%	-$16.79M	-1.29x	-1.19

Electrical Equipment & Part Stocks FAQ

What are the best electrical equipment & part stocks to buy right now in May 2024?

According to Zen Score, the 3 best electrical equipment & part stocks to buy right now are:

1. Pioneer Power Solutions (NASDAQ:PPSI)

Pioneer Power Solutions (NASDAQ:PPSI) is the top electrical equipment & part stock with a Zen Score of 57, which is 30 points higher than the electrical equipment & part industry average of 27. It passed 18 out of 33 due diligence checks and has strong fundamentals. Pioneer Power Solutions has seen its stock lose -35.75% over the past year, underperforming other electrical equipment & part stocks by -68 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 163.16% from Pioneer Power Solutions's current stock price of $3.99.

Pioneer Power Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Pioneer Power Solutions, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Powell Industries (NASDAQ:POWL)

Powell Industries (NASDAQ:POWL) is the second best electrical equipment & part stock with a Zen Score of 54, which is 27 points higher than the electrical equipment & part industry average of 27. It passed 20 out of 38 due diligence checks and has strong fundamentals. Powell Industries has seen its stock return 221.42% over the past year, overperforming other electrical equipment & part stocks by 189 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third best electrical equipment & part stock with a Zen Score of 54, which is 27 points higher than the electrical equipment & part industry average of 27. It passed 20 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 63.49% over the past year, overperforming other electrical equipment & part stocks by 31 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 4.13% from Encore Wire's current stock price of $280.90.

Encore Wire stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Encore Wire, 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 electrical equipment & part stocks with highest dividends?

Out of 12 electrical equipment & part stocks that have issued dividends in the past year, the 3 electrical equipment & part stocks with the highest dividend yields are:

1. Energizer Holdings (NYSE:ENR)

Energizer Holdings (NYSE:ENR) has an annual dividend yield of 3.99%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.91%. Energizer Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Energizer Holdings's dividend has shown consistent growth over the last 10 years.

Energizer Holdings's dividend payout ratio of 100% indicates that its dividend yield might not be sustainable for the long-term.

2. Espey Mfg & Electronics (NYSEMKT:ESP)

Espey Mfg & Electronics (NYSEMKT:ESP) has an annual dividend yield of 2.26%, which is 1 percentage points higher than the electrical equipment & part industry average of 0.91%. Espey Mfg & Electronics's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Espey Mfg & Electronics's dividend has not shown consistent growth over the last 10 years.

Espey Mfg & Electronics's dividend payout ratio of 26.5% indicates that its dividend yield is sustainable for the long-term.

3. Hubbell (NYSE:HUBB)

Hubbell (NYSE:HUBB) has an annual dividend yield of 1.15%, which is the same as the electrical equipment & part industry average of 0.91%. Hubbell's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hubbell's dividend has shown consistent growth over the last 10 years.

Hubbell's dividend payout ratio of 34.7% indicates that its dividend yield is sustainable for the long-term.

Why are electrical equipment & part stocks down?

Electrical equipment & part stocks were down -0.63% in the last day, and up 2.12% over the last week. Flux Power Holdings was the among the top losers in the electrical equipment & parts industry, dropping -25.33% yesterday.

Flux Power Holdings shares are trading lower after the company reported worse-than-expected Q3 financial results. Also, Maxim Group maintained a Buy rating on the stock and lowered its price target from $9 to $6.

What are the most undervalued electrical equipment & part stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued electrical equipment & part stocks right now are:

1. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 100, which is 76 points higher than the electrical equipment & part industry average of 24. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 63.49% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 31 percentage points.

2. Pioneer Power Solutions (NASDAQ:PPSI)

Pioneer Power Solutions (NASDAQ:PPSI) is the second most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Pioneer Power Solutions has a valuation score of 71, which is 47 points higher than the electrical equipment & part industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Pioneer Power Solutions's stock has dropped -35.75% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -68 percentage points.

3. Hollysys Automation Technologies (NASDAQ:HOLI)

Hollysys Automation Technologies (NASDAQ:HOLI) is the third most undervalued electrical equipment & part stock based on WallStreetZen's Valuation Score. Hollysys Automation Technologies has a valuation score of 71, which is 47 points higher than the electrical equipment & part industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Hollysys Automation Technologies's stock has gained 51.52% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 19 percentage points.

Are electrical equipment & part stocks a good buy now?

45.16% of electrical equipment & part stocks rated by analysts are a strong buy right now. On average, analysts expect electrical equipment & part stocks to rise by 9.25% over the next year.

What is the average p/e ratio of the electrical equipment & parts industry?

The average P/E ratio of the electrical equipment & parts industry is 39.6x.

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.