Notable companies
The most notable companies in this group are Bloom Energy Corp (NYSE:BE), Plug Power (NASDAQ:PLUG), FuelCell Energy Inc (NASDAQ:FCEL), GrafTech International Ltd (NYSE:EAF).
Industry description
The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.
Market Cap
The average market capitalization across the Electrical Products Industry is 4.7B. The market cap for tickers in the group ranges from 750 to 181.26B. NISSF holds the highest valuation in this group at 181.26B. The lowest valued company is EDYYF at 750.
High and low price notable news
The average weekly price growth across all stocks in the Electrical Products Industry was 1%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 3%. MVST experienced the highest price growth at 46%, while NVX experienced the biggest fall at -28%.
Volume
The average weekly volume growth across all stocks in the Electrical Products Industry was -14%. For the same stocks of the Industry, the average monthly volume growth was 58% and the average quarterly volume growth was 77%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 72
Price Growth Rating: 58
SMR Rating: 82
Profit Risk Rating: 78
Seasonality Score: 31 (-100 ... +100)