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	$41.11M	$4.14	3.50%	$3.27M	23.00x	0.93
POWL	POWELL INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$2.01B	$167.26	5.14%	$137.82M	19.49x	1.16
WIRE	ENCORE WIRE CORP	NASDAQ	Electrical Equipment & Parts	$4.45B	$282.00	0.27%	$444.20M	14.52x	0.13
ATKR	ATKORE INC	NYSE	Electrical Equipment & Parts	$5.74B	$157.65	1.36%	$916.44M	9.69x	0.92
ENS	ENERSYS	NYSE	Electrical Equipment & Parts	$3.98B	$98.56	0.41%	$445.99M	14.69x	1.03
HUBB	HUBBELL INC	NYSE	Electrical Equipment & Parts	$21.73B	$404.73	0.92%	$1.17B	29.98x	1.34
AYI	ACUITY BRANDS INC	NYSE	Electrical Equipment & Parts	$8.20B	$266.26	1.41%	$590.20M	21.99x	0.64
ESP	ESPEY MFG & ELECTRONICS CORP	NYSEMKT	Electrical Equipment & Parts	$62.58M	$22.90	-3.66%	$6.54M	11.74x	0.35
ENR	ENERGIZER HOLDINGS INC	NYSE	Electrical Equipment & Parts	$2.21B	$30.85	0.78%	$397.10M	25.71x	21.41
CBAT	CBAK ENERGY TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$114.22M	$1.27	7.63%	$22.82M	14.11x	1.37
PLPC	PREFORMED LINE PRODUCTS CO	NASDAQ	Electrical Equipment & Parts	$665.56M	$135.33	3.31%	$89.55M	12.91x	0.42
NVT	NVENT ELECTRIC PLC	NYSE	Electrical Equipment & Parts	$13.96B	$84.11	2.99%	$766.30M	24.10x	0.92
ULBI	ULTRALIFE CORP	NASDAQ	Electrical Equipment & Parts	$195.46M	$11.87	3.67%	$19.24M	18.55x	0.40
VRT	VERTIV HOLDINGS CO	NYSE	Electrical Equipment & Parts	$39.16B	$104.60	5.95%	$878.40M	98.68x	4.45
AEIS	ADVANCED ENERGY INDUSTRIES INC	NASDAQ	Electrical Equipment & Parts	$4.02B	$107.47	2.77%	$179.00M	39.37x	1.21
RAYA	ERAYAK POWER SOLUTION GROUP INC	NASDAQ	Electrical Equipment & Parts	$7.74M	$0.62	-10.50%	$2.72M	6.22x	0.75
NVX	NOVONIX LTD	NASDAQ	Electrical Equipment & Parts	$284.69M	$2.33	1.30%	N/A	-582.50x	0.43
GWH	ESS TECH INC	NYSE	Electrical Equipment & Parts	$136.61M	$0.78	-2.38%	-$66.07M	-1.78x	0.41
FCEL	FUELCELL ENERGY INC	NASDAQ	Electrical Equipment & Parts	$387.70M	$0.86	-2.94%	-$70.58M	-3.30x	0.27
WBX	WALLBOX NV	NYSE	Electrical Equipment & Parts	$318.91M	$1.52	3.40%	-$84.40M	-2.36x	2.23
FLUX	FLUX POWER HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$54.38M	$3.26	-3.55%	-$3.76M	-7.58x	5.79
SKYX	SKYX PLATFORMS CORP	NASDAQ	Electrical Equipment & Parts	$108.04M	$1.08	-3.57%	-$34.18M	-2.35x	4.50
ENVX	ENOVIX CORP	NASDAQ	Electrical Equipment & Parts	$1.59B	$9.34	-4.50%	-$126.12M	-8.05x	1.21
SLDP	SOLID POWER INC	NASDAQ	Electrical Equipment & Parts	$323.99M	$1.83	-8.04%	-$53.08M	-4.82x	0.08
BE	BLOOM ENERGY CORP	NYSE	Electrical Equipment & Parts	$2.92B	$12.86	3.04%	-$84.23M	-9.74x	3.86
HAYW	HAYWARD HOLDINGS INC	NYSE	Electrical Equipment & Parts	$3.23B	$15.01	1.01%	$229.86M	37.53x	1.22
IPWR	IDEAL POWER INC	NASDAQ	Electrical Equipment & Parts	$54.56M	$7.10	-4.05%	-$9.52M	-4.47x	0.10
LTBR	LIGHTBRIDGE CORP	NASDAQ	Electrical Equipment & Parts	$34.07M	$2.36	-0.42%	-$8.70M	-3.47x	0.03
AMPX	AMPRIUS TECHNOLOGIES INC	NYSE	Electrical Equipment & Parts	$124.70M	$1.32	1.54%	-$32.92M	-3.07x	0.75
ELVA	ELECTROVAYA INC	NASDAQ	Electrical Equipment & Parts	$105.47M	$3.09	-2.22%	-$1.63M	-154.50x	3.85
MVST	MICROVAST HOLDINGS INC	NASDAQ	Electrical Equipment & Parts	$131.95M	$0.42	-5.02%	-$69.40M	-1.30x	0.91
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	NASDAQ	Electrical Equipment & Parts	$1.45B	$23.41	1.04%	$105.62M	17.34x	0.49
OPTT	OCEAN POWER TECHNOLOGIES INC	NYSEMKT	Electrical Equipment & Parts	$11.24M	$0.19	-4.55%	-$31.69M	-0.36x	0.37
PLUG	PLUG POWER INC	NASDAQ	Electrical Equipment & Parts	$2.53B	$3.41	-0.87%	-$1.34B	-1.41x	0.66
APWC	ASIA PACIFIC WIRE & CABLE CORP LTD	NASDAQ	Electrical Equipment & Parts	$31.23M	$1.52	-0.72%	$12.77M	7.97x	0.97
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	NASDAQ	Electrical Equipment & Parts	$548.84M	$10.85	-0.37%	-$42.46M	-8.93x	2.67
KE	KIMBALL ELECTRONICS INC	NASDAQ	Electrical Equipment & Parts	$562.54M	$22.62	-0.96%	$98.27M	17.53x	1.34
OESX	ORION ENERGY SYSTEMS INC	NASDAQ	Electrical Equipment & Parts	$27.81M	$0.85	0.47%	-$14.94M	-1.50x	2.17
FREY	FREYR BATTERY INC	NYSE	Electrical Equipment & Parts	$280.81M	$2.01	2.03%	-$80.72M	-3.24x	0.15
EPOW	SUNRISE NEW ENERGY CO LTD	NASDAQ	Electrical Equipment & Parts	$18.51M	$0.73	0.14%	-$16.43M	-0.83x	2.37
EOSE	EOS ENERGY ENTERPRISES INC	NASDAQ	Electrical Equipment & Parts	$150.48M	$0.72	-11.83%	-$148.45M	-0.52x	-2.05
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	NASDAQ	Electrical Equipment & Parts	$55.67M	$0.92	-25.20%	-$10.45M	-1.80x	3.97
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	NASDAQ	Electrical Equipment & Parts	$26.78M	$2.38	-2.06%	$337.04k	-119.00x	0.54
SVT	SERVOTRONICS INC	NYSEMKT	Electrical Equipment & Parts	$31.22M	$12.25	-2.00%	-$6.69M	-3.13x	0.49
POLA	POLAR POWER INC	NASDAQ	Electrical Equipment & Parts	$9.43M	$0.54	14.26%	-$6.60M	-1.03x	1.16
XPON	EXPION360 INC	NASDAQ	Electrical Equipment & Parts	$14.89M	$2.00	0.00%	-$7.12M	-1.83x	1.73
NXU	NXU INC	NASDAQ	Electrical Equipment & Parts	$206.65k	$0.45	-1.75%	-$62.86M	-0.00x	1.28
NEOV	NEOVOLTA INC	NASDAQ	Electrical Equipment & Parts	$93.39M	$2.81	-0.71%	-$1.90M	-46.83x	0.00
STI	SOLIDION TECHNOLOGY INC	NASDAQ	Electrical Equipment & Parts	$158.14M	$2.16	-8.47%	-$5.32M	N/A	-2.65
RFIL	R F INDUSTRIES LTD	NASDAQ	Electrical Equipment & Parts	$31.17M	$2.97	-0.34%	-$2.60M	-9.58x	1.05
MAMO	MASSIMO GROUP	NASDAQ	Electrical Equipment & Parts	$166.03M	$4.02	-2.19%	N/A	N/A	1.61
EAF	GRAFTECH INTERNATIONAL LTD	NYSE	Electrical Equipment & Parts	$483.47M	$1.88	1.62%	-$177.66M	-1.74x	31.32
CAPT	CAPTIVISION INC	NASDAQ	Electrical Equipment & Parts	$139.10M	$4.80	5.96%	-$70.90M	-1.19x	-1.54
GTI	GRAPHJET TECHNOLOGY	NASDAQ	Electrical Equipment & Parts	$875.07M	$6.07	-5.89%	-$1.88M	-6.46x	-3.43

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 -23.33% over the past year, underperforming other electrical equipment & part stocks by -57 percentage points.

Pioneer Power Solutions has an average 1 year price target of $10.50, an upside of 153.62% from Pioneer Power Solutions's current stock price of $4.14.

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 191.7% over the past year, overperforming other electrical equipment & part stocks by 158 percentage points.

3. Encore Wire (NASDAQ:WIRE)

Encore Wire (NASDAQ:WIRE) is the third best electrical equipment & part stock with a Zen Score of 52, which is 25 points higher than the electrical equipment & part industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Encore Wire has seen its stock return 69.96% over the past year, overperforming other electrical equipment & part stocks by 36 percentage points.

Encore Wire has an average 1 year price target of $292.50, an upside of 3.72% from Encore Wire's current stock price of $282.00.

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 3.89%, which is 3 percentage points higher than the electrical equipment & part industry average of 0.92%. 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 2.51%, which is 2 percentage points higher than the electrical equipment & part industry average of 0.92%. 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 29.5% indicates that its dividend yield is sustainable for the long-term.

3. Hubbell (NYSE:HUBB)

Hubbell (NYSE:HUBB) has an annual dividend yield of 1.16%, which is the same as the electrical equipment & part industry average of 0.92%. 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 up?

Electrical equipment & part stocks were up 1.62% in the last day, and up 2.16% over the last week. Vertiv Holdings Co was the among the top gainers in the electrical equipment & parts industry, 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 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 75 points higher than the electrical equipment & part industry average of 25. 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 electrical equipment & part industry by 36 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 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Pioneer Power Solutions's stock has dropped -23.33% in the past year. It has underperformed other stocks in the electrical equipment & part industry by -57 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 46 points higher than the electrical equipment & part industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Hollysys Automation Technologies's stock has gained 45.86% in the past year. It has overperformed other stocks in the electrical equipment & part industry by 12 percentage points.

Are electrical equipment & part stocks a good buy now?

43.75% 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 8.5% 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 43.4x.

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.