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

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
BZ	KANZHUN LTD	NASDAQ	Staffing & Employment Services	$7.68B	$20.76	1.91%	$228.17M	59.48x	0.34
DAC	DANAOS CORP	NYSE	Marine Shipping	$1.61B	$82.82	-0.10%	$726.05M	2.86x	0.21
RGP	RESOURCES CONNECTION INC	NASDAQ	Consulting Services	$382.02M	$11.30	-0.44%	$43.19M	16.62x	0.26
ESEA	EUROSEAS LTD	NASDAQ	Marine Shipping	$264.44M	$37.70	-4.27%	$143.82M	2.28x	0.59
SBLK	STAR BULK CARRIERS CORP	NASDAQ	Marine Shipping	$2.16B	$25.67	-1.72%	$393.28M	14.59x	0.82
ZTO	ZTO EXPRESS (CAYMAN) INC	NYSE	Integrated Freight & Logistics	$16.95B	$20.85	-0.76%	$1.92B	13.92x	0.47
ESOA	ENERGY SERVICES OF AMERICA CORP	NASDAQ	Engineering & Construction	$113.10M	$6.81	-2.01%	$25.33M	11.35x	2.94
GASS	STEALTHGAS INC	NASDAQ	Marine Shipping	$235.65M	$6.52	-1.66%	$85.70M	4.72x	0.27
WNC	WABASH NATIONAL CORP	NYSE	Farm & Heavy Construction Machinery	$1.05B	$23.28	0.61%	$321.77M	5.48x	1.52
EMR	EMERSON ELECTRIC CO	NYSE	Specialty Industrial Machinery	$66.11B	$115.55	-0.03%	$12.67B	6.14x	0.94
MIDD	MIDDLEBY CORP	NASDAQ	Specialty Industrial Machinery	$7.42B	$138.09	1.33%	$749.53M	19.07x	1.09
HAYN	HAYNES INTERNATIONAL INC	NASDAQ	Metal Fabrication	$758.03M	$59.30	-0.13%	$73.37M	19.83x	0.56
ARCB	ARCBEST CORP	NASDAQ	Trucking	$2.75B	$117.40	1.43%	$316.29M	23.06x	0.93
RHI	ROBERT HALF INC	NYSE	Staffing & Employment Services	$7.43B	$70.76	0.87%	$598.18M	21.06x	0.90
PXS	PYXIS TANKERS INC	NASDAQ	Marine Shipping	$51.76M	$4.91	0.61%	$48.38M	1.45x	0.68
KMT	KENNAMETAL INC	NYSE	Tools & Accessories	$2.04B	$25.96	-0.27%	$291.70M	18.95x	0.96
HY	HYSTER-YALE MATERIALS HANDLING INC	NYSE	Farm & Heavy Construction Machinery	$1.36B	$77.61	-1.77%	$301.70M	8.87x	4.10
CAT	CATERPILLAR INC	NYSE	Farm & Heavy Construction Machinery	$173.59B	$354.79	0.86%	$16.67B	15.94x	3.75
TNC	TENNANT CO	NYSE	Specialty Industrial Machinery	$2.02B	$106.24	-0.56%	$191.40M	17.36x	0.87
PPSI	PIONEER POWER SOLUTIONS INC	NASDAQ	Electrical Equipment & Parts	$39.62M	$3.99	0.25%	$3.27M	22.17x	0.93
JBT	JOHN BEAN TECHNOLOGIES CORP	NYSE	Specialty Industrial Machinery	$3.00B	$94.38	0.85%	$717.20M	5.13x	0.81
RCMT	RCM TECHNOLOGIES INC	NASDAQ	Conglomerates	$158.17M	$20.40	-2.06%	$25.05M	9.67x	3.10
TEX	TEREX CORP	NYSE	Farm & Heavy Construction Machinery	$4.20B	$62.37	2.23%	$704.20M	8.17x	1.17
VCIG	VCI GLOBAL LTD	NASDAQ	Consulting Services	$39.93M	$1.05	-4.55%	$7.52M	5.17x	0.26
SNCY	SUN COUNTRY AIRLINES HOLDINGS INC	NASDAQ	Airlines	$606.08M	$11.52	0.88%	$228.65M	8.93x	2.03
TAYD	TAYLOR DEVICES INC	NASDAQ	Specialty Industrial Machinery	$147.33M	$47.62	-0.89%	$11.53M	19.12x	0.15
MLI	MUELLER INDUSTRIES INC	NYSE	Metal Fabrication	$6.73B	$59.27	0.70%	$818.91M	11.63x	0.18
DCI	DONALDSON CO INC	NYSE	Specialty Industrial Machinery	$9.05B	$75.16	0.23%	$608.20M	24.17x	1.02
VTSI	VIRTRA INC	NASDAQ	Aerospace & Defense	$185.64M	$16.71	-2.39%	$11.65M	21.70x	0.63
AOS	SMITH A O CORP	NYSE	Specialty Industrial Machinery	$12.67B	$86.38	-0.01%	$842.60M	22.38x	0.69
WOR	WORTHINGTON ENTERPRISES INC	NYSE	Metal Fabrication	$2.96B	$59.00	0.20%	$473.66M	10.57x	0.87
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.44B	$280.90	0.19%	$444.20M	14.46x	0.13
FDX	FEDEX CORP	NYSE	Integrated Freight & Logistics	$65.39B	$265.73	1.40%	$10.78B	15.18x	2.27
EPAC	ENERPAC TOOL GROUP CORP	NYSE	Specialty Industrial Machinery	$2.10B	$38.65	2.96%	$121.64M	30.43x	1.28
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$2.02B	$168.23	1.74%	$137.82M	19.61x	1.16
THR	THERMON GROUP HOLDINGS INC	NYSE	Specialty Industrial Machinery	$1.16B	$34.36	-0.52%	$91.41M	23.37x	0.72
UNF	UNIFIRST CORP	NYSE	Specialty Business Services	$3.10B	$166.20	-0.38%	$285.97M	26.05x	0.28
SB	SAFE BULKERS INC	NYSE	Marine Shipping	$607.15M	$5.44	-2.33%	$156.19M	8.92x	0.69
AGCO	AGCO CORP	NYSE	Farm & Heavy Construction Machinery	$8.66B	$116.05	-0.21%	$1.59B	7.84x	1.83
ABNB	AIRBNB INC	NASDAQ	Travel Services	$94.24B	$146.32	-0.50%	$2.39B	19.00x	2.11
TCOM	TRIPCOM GROUP LTD	NASDAQ	Travel Services	$34.50B	$53.56	0.64%	$2.02B	25.49x	0.79
ALLE	ALLEGION PLC	NYSE	Security & Protection Services	$11.02B	$125.99	0.25%	$826.80M	20.45x	2.17
MAMO	MASSIMO GROUP	NASDAQ	Electrical Equipment & Parts	$174.70M	$4.23	5.22%	$16.36M	16.27x	1.90
LMT	LOCKHEED MARTIN CORP	NYSE	Aerospace & Defense	$112.50B	$468.88	0.10%	$10.36B	17.09x	7.27
STRL	STERLING INFRASTRUCTURE INC	NASDAQ	Engineering & Construction	$3.98B	$128.87	2.96%	$286.82M	26.46x	1.81
CMI	CUMMINS INC	NYSE	Specialty Industrial Machinery	$40.84B	$298.61	1.37%	$4.11B	21.78x	2.40
ASTE	ASTEC INDUSTRIES INC	NASDAQ	Farm & Heavy Construction Machinery	$792.69M	$34.82	-0.20%	$66.30M	31.94x	0.73
BBSI	BARRETT BUSINESS SERVICES INC	NASDAQ	Staffing & Employment Services	$824.14M	$125.98	0.04%	$81.08M	16.98x	2.94
PCAR	PACCAR INC	NASDAQ	Farm & Heavy Construction Machinery	$57.23B	$109.18	0.24%	$7.84B	11.30x	1.39
LICN	LICHEN CHINA LTD	NASDAQ	Specialty Business Services	$27.83M	$1.05	5.00%	$14.58M	3.28x	0.07
TH	TARGET HOSPITALITY CORP	NASDAQ	Specialty Business Services	$1.16B	$11.57	-0.77%	$312.13M	7.82x	0.83
LECO	LINCOLN ELECTRIC HOLDINGS INC	NASDAQ	Tools & Accessories	$13.55B	$238.07	2.99%	$816.96M	24.90x	1.58
ADP	AUTOMATIC DATA PROCESSING INC	NASDAQ	Staffing & Employment Services	$101.04B	$246.86	0.70%	$5.72B	27.40x	12.87
CMRE	COSTAMARE INC	NYSE	Marine Shipping	$1.58B	$13.37	-0.45%	$696.52M	4.53x	1.20
REVG	REV GROUP INC	NYSE	Farm & Heavy Construction Machinery	$1.38B	$26.60	0.99%	$375.00M	6.52x	1.87
SFWL	SHENGFENG DEVELOPMENT LTD	NASDAQ	Integrated Freight & Logistics	$159.22M	$1.93	7.22%	$30.76M	14.85x	1.42
KFRC	KFORCE INC	NASDAQ	Staffing & Employment Services	$1.26B	$64.40	0.11%	$86.95M	21.98x	1.23
EBF	ENNIS INC	NYSE	Business Equipment & Supplies	$532.93M	$20.51	-0.97%	$72.66M	12.43x	0.14
LSTR	LANDSTAR SYSTEM INC	NASDAQ	Integrated Freight & Logistics	$6.60B	$184.57	1.14%	$359.92M	28.40x	0.72
CISS	C3IS INC	NASDAQ	Marine Shipping	$110.15k	$1.26	-6.67%	$14.76M	0.01x	0.72
TKR	TIMKEN CO	NYSE	Tools & Accessories	$6.46B	$91.73	0.44%	$827.80M	17.34x	1.46
ROK	ROCKWELL AUTOMATION INC	NYSE	Specialty Industrial Machinery	$31.19B	$273.59	1.14%	$1.89B	26.61x	2.16
DOV	DOVER CORP	NYSE	Specialty Industrial Machinery	$25.50B	$185.55	0.32%	$2.24B	17.72x	1.33
LMB	LIMBACH HOLDINGS INC	NASDAQ	Engineering & Construction	$574.70M	$51.39	7.80%	$46.53M	22.15x	1.30
BLD	TOPBUILD CORP	NYSE	Engineering & Construction	$13.19B	$414.43	1.41%	$1.06B	20.77x	0.96
PAYX	PAYCHEX INC	NASDAQ	Staffing & Employment Services	$44.11B	$122.55	1.03%	$2.36B	26.58x	2.48
DY	DYCOM INDUSTRIES INC	NYSE	Engineering & Construction	$4.38B	$150.57	-0.31%	$542.88M	20.18x	1.39
HSII	HEIDRICK & STRUGGLES INTERNATIONAL INC	NASDAQ	Staffing & Employment Services	$672.65M	$33.22	2.72%	$95.74M	12.58x	1.06
SNA	SNAP-ON INC	NYSE	Tools & Accessories	$14.81B	$280.91	0.29%	$1.47B	14.49x	0.49
GGG	GRACO INC	NYSE	Specialty Industrial Machinery	$14.13B	$83.56	0.29%	$672.22M	28.04x	0.19
GD	GENERAL DYNAMICS CORP	NYSE	Aerospace & Defense	$81.33B	$296.44	0.16%	$5.02B	23.91x	1.58
UPS	UNITED PARCEL SERVICE INC	NYSE	Integrated Freight & Logistics	$126.08B	$147.37	-0.47%	$11.81B	21.33x	3.00
REZI	RESIDEO TECHNOLOGIES INC	NYSE	Security & Protection Services	$3.16B	$21.63	0.70%	$464.00M	16.26x	1.36
IESC	IES HOLDINGS INC	NASDAQ	Engineering & Construction	$3.69B	$182.31	2.31%	$242.73M	27.17x	1.07
HII	HUNTINGTON INGALLS INDUSTRIES INC	NYSE	Aerospace & Defense	$9.94B	$252.03	0.42%	$1.31B	14.21x	1.71
MWA	MUELLER WATER PRODUCTS INC	NYSE	Specialty Industrial Machinery	$3.00B	$19.27	0.57%	$206.50M	30.11x	1.04
POOL	POOL CORP	NASDAQ	Industrial Distribution	$14.34B	$374.21	0.32%	$694.82M	29.01x	1.79
TDCX	TDCX INC	NYSE	Specialty Business Services	$1.04B	$7.11	0.07%	$141.35M	11.65x	0.18
TTC	TORO CO	NYSE	Tools & Accessories	$9.13B	$87.42	-1.47%	$496.41M	31.67x	1.46
CDTG	CDT ENVIRONMENTAL TECHNOLOGY INVESTMENT HOLDINGS LTD	NASDAQ	Waste Management	N/A	$3.25	-3.85%	$9.04M	4.28x	1.15
AME	AMETEK INC	NYSE	Specialty Industrial Machinery	$39.54B	$170.80	0.53%	$2.06B	29.81x	0.66
LNN	LINDSAY CORP	NYSE	Farm & Heavy Construction Machinery	$1.32B	$119.73	-0.32%	$118.04M	19.07x	0.58
OSK	OSHKOSH CORP	NYSE	Farm & Heavy Construction Machinery	$7.95B	$121.63	2.07%	$1.15B	11.55x	1.48
ABM	ABM INDUSTRIES INC	NYSE	Specialty Business Services	$2.91B	$45.91	1.19%	$533.30M	11.68x	1.72
BRC	BRADY CORP	NYSE	Security & Protection Services	$2.94B	$60.78	-0.85%	$275.30M	15.79x	0.36
GWW	WW GRAINGER INC	NYSE	Industrial Distribution	$47.04B	$958.68	0.26%	$2.83B	26.35x	1.53
BWLP	BW LPG LTD	NYSE	Travel Services	N/A	$15.96	-0.25%	$717.81M	4.52x	0.59
GIC	GLOBAL INDUSTRIAL CO	NYSE	Industrial Distribution	$1.34B	$35.05	-2.45%	$103.30M	19.05x	0.99
XYL	XYLEM INC	NYSE	Specialty Industrial Machinery	$34.67B	$143.00	0.27%	$1.27B	49.65x	0.56
TORO	TORO CORP	NASDAQ	Marine Shipping	$86.73M	$4.57	4.58%	$145.40M	0.55x	0.03
CXT	CRANE NXT CO	NYSE	Specialty Industrial Machinery	$3.44B	$60.24	-0.63%	$347.00M	18.83x	1.18
CW	CURTISS WRIGHT CORP	NYSE	Aerospace & Defense	$10.62B	$277.33	0.09%	$651.88M	28.39x	0.94
STN	STANTEC INC	NYSE	Engineering & Construction	$9.23B	$80.92	-1.56%	$606.93M	35.76x	1.34
FSS	FEDERAL SIGNAL CORP	NYSE	Pollution & Treatment Controls	$5.36B	$87.71	0.56%	$298.90M	29.43x	0.58
FCN	FTI CONSULTING INC	NYSE	Consulting Services	$7.92B	$221.78	1.57%	$455.50M	24.78x	0.62
CVU	CPI AEROSTRUCTURES INC	NYSEMKT	Aerospace & Defense	$34.84M	$2.71	2.26%	$6.78M	1.94x	2.37
WERN	WERNER ENTERPRISES INC	NASDAQ	Trucking	$2.36B	$37.20	0.57%	$443.66M	28.40x	1.00
GPN	GLOBAL PAYMENTS INC	NYSE	Specialty Business Services	$27.88B	$109.23	-2.10%	$4.17B	21.67x	1.30
ISSC	INNOVATIVE SOLUTIONS & SUPPORT INC	NASDAQ	Aerospace & Defense	$109.12M	$6.25	-2.50%	$9.84M	16.89x	0.40
CNI	CANADIAN NATIONAL RAILWAY CO	NYSE	Railroads	$81.24B	$127.42	0.13%	$6.46B	20.83x	1.70

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	-0.30%	+1.38%	+4.98%	+13.30%	22.86x	5.57x	+12.50%	+4.40%	+11.11%	+7.18%	Buy
Airlines	18	-0.02%	-0.37%	+0.26%	+7.08%	15.84x	2.93x	+22.29%	+4.75%	+12.08%	+22.89%	Buy
Airports & Air Services	12	-0.32%	+2.21%	+8.98%	+5.79%	16.85x	4.89x	-9.44%	+5.37%	+11.20%	-10.08%	Strong Buy
Business Equipment & Supplies	5	-0.33%	+3.36%	+7.04%	+39.53%	19.50x	1.56x	+8.33%	+4.25%	+8.10%	+22.10%	Strong Buy
Conglomerates	20	-3.01%	+0.37%	+2.53%	-13.09%	16.07x	5.11x	-9.34%	+2.22%	+8.88%	+12.84%	Strong Buy
Consulting Services	14	+0.78%	+4.28%	+4.96%	+25.23%	31.85x	8.03x	+86.53%	+8.42%	+16.76%	+10.37%	Buy
Electrical Equipment & Parts	56	-0.63%	+2.12%	+4.15%	+32.19%	39.60x	4.40x	+17.48%	+5.86%	+10.31%	+9.25%	Buy
Engineering & Construction	42	+0.47%	+5.28%	+8.44%	+63.31%	-65.43x	4.08x	+11.74%	+5.20%	+13.29%	+4.67%	Strong Buy
Farm & Heavy Construction Machinery	27	+0.28%	+4.60%	-2.93%	+19.39%	13.23x	4.82x	+46.23%	+11.24%	+16.44%	+7.85%	Buy
Industrial Distribution	18	+0.37%	+2.63%	-0.80%	+33.98%	548.17x	6.88x	+34.05%	+15.34%	+27.85%	+6.36%	Strong Buy
Infrastructure Operations	2	-0.52%	+3.33%	+7.34%	+10.30%	52.55x	8.21x	+16.99%	+4.13%	+11.96%	-25.68%	Hold
Integrated Freight & Logistics	20	+0.70%	+1.16%	-1.31%	-8.05%	20.73x	4.09x	+24.27%	+7.79%	+14.92%	+10.62%	Buy
Marine Shipping	38	-0.12%	+4.72%	+10.24%	+52.62%	25.76x	1.08x	+6.64%	+4.20%	+6.85%	+11.98%	Strong Buy
Metal Fabrication	19	-0.11%	+2.35%	+5.50%	+34.35%	20.98x	3.17x	+17.29%	+8.68%	+14.38%	+11.29%	Buy
Pollution & Treatment Controls	16	+0.69%	+3.92%	+4.32%	+26.83%	13.06x	7.62x	+20.11%	+2.64%	+5.11%	+16.23%	Buy
Railroads	11	+0.73%	+2.28%	+0.80%	+25.12%	25.09x	4.67x	+27.04%	+7.76%	+10.44%	+8.29%	Buy
Rental & Leasing Services	23	+0.41%	+3.93%	+1.05%	+43.28%	16.46x	2.35x	+14.64%	+6.14%	+7.68%	+2.64%	Buy
Security & Protection Services	24	-0.56%	+1.38%	-0.92%	+24.04%	21.42x	3.05x	+25.01%	+8.38%	+15.08%	+12.04%	Buy
Shell Companies	202	-0.07%	+0.10%	-0.44%	+4.10%	14.65x	-14.30x	-28.30%	+1.22%	-1.85%	N/A
Specialty Business Services	39	+0.43%	+2.80%	+2.07%	+25.70%	34.51x	4.95x	+27.17%	+11.82%	+19.77%	+8.64%	Buy
Specialty Industrial Machinery	75	+0.16%	+2.79%	+0.82%	+31.29%	24.61x	5.22x	+22.03%	+8.71%	+16.25%	+9.31%	Buy
Staffing & Employment Services	26	+0.48%	+1.64%	-1.94%	+4.41%	27.56x	9.40x	+65.64%	+8.35%	+44.97%	+9.92%	Buy
Tools & Accessories	12	+0.96%	+4.49%	-0.35%	+9.77%	-32.13x	2.81x	+17.44%	+8.13%	+14.32%	+3.63%	Buy
Travel Services	19	+0.55%	+4.97%	+4.57%	+43.12%	27.60x	9.56x	-59.11%	+14.18%	+33.53%	+8.26%	Buy
Trucking	16	+0.55%	+2.61%	-16.47%	+29.60%	29.49x	3.77x	+19.98%	+12.92%	+19.13%	+23.58%	Buy
Waste Management	20	+0.33%	+2.00%	+0.72%	+20.34%	37.54x	5.86x	+20.55%	+5.47%	+9.80%	+8.38%	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 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 20.35% over the past year, underperforming other industrial stocks by -1 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 15.61% from Kanzhun's current stock price of $20.76.

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 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 46.12% over the past year, overperforming other industrial stocks by 25 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 8.67% from Danaos's current stock price of $82.82.

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 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 -23.8% 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 15.04% from Resources Connection's current stock price of $11.30.

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 2.11%.

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 2.11%.

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 17.05%, which is 15 percentage points higher than the industrial sector average of 2.11%. 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 down?

Industrial stocks were down -0.05% in the last day, and up 2.68% over the last week. Evolv Technologies Holdings was the among the top losers in the industrials sector, dropping -38.54% yesterday.

Evolv Technologies Holdings shares are trading lower after the company reported worse-than-expected Q1 financial results and lowered its FY24 sales guidance below estimates.

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 -23.8% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

2. Energy Services Of America (NASDAQ:ESOA)

Energy Services Of America (NASDAQ:ESOA) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Energy Services Of America 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.

Energy Services Of America's stock has gained 186.13% in the past year. It has overperformed other stocks in the industrial sector by 165 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 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 63.49% in the past year. It has overperformed other stocks in the industrial sector by 42 percentage points.

Are industrial stocks a good buy now?

46.06% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.37% 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 40.58x.

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.