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Best Building Material Stocks to Buy Now (2023)
Top building material stocks in 2023 ranked by overall Zen Score. See the best building material stocks to buy now, according to analyst forecasts for the building materials industry.

Industry: Building Materials

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
EXP	EAGLE MATERIALS INC	NYSE	Building Materials	$6.20B	$177.77	-1.75%	$808.79M	12.91x	1.23
BCC	BOISE CASCADE CO	NYSE	Building Materials	$4.47B	$112.84	-2.11%	$828.81M	8.88x	0.58
USLM	UNITED STATES LIME & MINERALS INC	NASDAQ	Building Materials	$1.20B	$209.79	-3.25%	$109.07M	17.47x	0.12
TGLS	TECNOGLASS INC	NYSE	Building Materials	$1.61B	$34.08	-2.80%	$321.50M	8.04x	0.81
MLM	MARTIN MARIETTA MATERIALS INC	NYSE	Building Materials	$28.43B	$460.00	-1.21%	$2.03B	26.64x	0.91
VMC	VULCAN MATERIALS CO	NYSE	Building Materials	$28.06B	$211.16	-0.79%	$1.91B	34.00x	0.96
JHX	JAMES HARDIE INDUSTRIES PLC	NYSE	Building Materials	$13.84B	$31.61	1.15%	$957.40M	28.48x	1.49
CX	CEMEX SAB DE CV	NYSE	Building Materials	$9.96B	$6.77	1.04%	$2.59B	34.37x	1.48
SUM	SUMMIT MATERIALS INC	NYSE	Building Materials	$4.12B	$34.45	-1.99%	$663.48M	13.13x	0.90
CRH	CRH PUBLIC LTD CO	NYSE	Building Materials	$46.38B	$61.67	-0.48%	$5.84B	15.77x	1.19
LOMA	LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA	NYSE	Building Materials	$742.43M	$6.36	-2.75%	$229.78M	41.84x	0.75
CPAC	CEMENTOS PACASMAYO SAA	NYSE	Building Materials	$417.83M	$4.88	1.69%	N/A	N/A	1.56
SMID	SMITH MIDLAND CORP	NASDAQ	Building Materials	$162.19M	$30.85	2.73%	$3.43M	280.45x	0.71
RETO	RETO ECO-SOLUTIONS INC	NASDAQ	Building Materials	$2.65M	$0.61	1.67%	-$13.43M	-0.16x	4.48
KNF	KNIFE RIVER CORP	NYSE	Building Materials	$3.35B	$59.15	-2.76%	N/A	N/A	1.16

Building Material Stocks FAQ

What are the best building material stocks to buy right now in Nov 2023?

According to Zen Score, the 3 best building material stocks to buy right now are:

1. Eagle Materials (NYSE:EXP)

Eagle Materials (NYSE:EXP) is the top building material stock with a Zen Score of 50, which is 18 points higher than the building material industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Eagle Materials has seen its stock return 33.99% over the past year, overperforming other building material stocks by 1 percentage points.

Eagle Materials has an average 1 year price target of $211.57, an upside of 19.01% from Eagle Materials's current stock price of $177.77.

Eagle Materials stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Eagle Materials, 71.43% have issued a Strong Buy rating, 14.29% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.

2. Boise Cascade Co (NYSE:BCC)

Boise Cascade Co (NYSE:BCC) is the second best building material stock with a Zen Score of 47, which is 15 points higher than the building material industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Boise Cascade Co has seen its stock return 55.43% over the past year, overperforming other building material stocks by 23 percentage points.

Boise Cascade Co has an average 1 year price target of $111.80, a downside of -0.92% from Boise Cascade Co's current stock price of $112.84.

Boise Cascade Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Boise Cascade Co, 40% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Tecnoglass (NYSE:TGLS)

Tecnoglass (NYSE:TGLS) is the third best building material stock with a Zen Score of 45, which is 13 points higher than the building material industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Tecnoglass has seen its stock return 20.94% over the past year, underperforming other building material stocks by -12 percentage points.

Tecnoglass has an average 1 year price target of $45.50, an upside of 33.51% from Tecnoglass's current stock price of $34.08.

Tecnoglass stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Tecnoglass, 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.

What are the building material stocks with highest dividends?

Out of 8 building material stocks that have issued dividends in the past year, the 3 building material stocks with the highest dividend yields are:

1. Cementos Pacasmayo Saa (NYSE:CPAC)

Cementos Pacasmayo Saa (NYSE:CPAC) has an annual dividend yield of 11.07%, which is 8 percentage points higher than the building material industry average of 3.36%. Cementos Pacasmayo Saa's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Cementos Pacasmayo Saa's dividend has shown consistent growth over the last 10 years.

2. Loma Negra (NYSE:LOMA)

Loma Negra (NYSE:LOMA) has an annual dividend yield of 10.01%, which is 7 percentage points higher than the building material industry average of 3.36%.

Loma Negra's dividend payout ratio of 573.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Boise Cascade Co (NYSE:BCC)

Boise Cascade Co (NYSE:BCC) has an annual dividend yield of 4.12%, which is 1 percentage points higher than the building material industry average of 3.36%. Boise Cascade Co's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Boise Cascade Co's dividend has shown consistent growth over the last 10 years.

Boise Cascade Co's dividend payout ratio of 36.6% indicates that its dividend yield is sustainable for the long-term.

Why are building material stocks down?

Building material stocks were down -1.53% in the last day, and up 0.44% over the last week.

We couldn't find a catalyst for why building material stocks are down.

What are the most undervalued building material stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued building material stocks right now are:

1. Boise Cascade Co (NYSE:BCC)

Boise Cascade Co (NYSE:BCC) is the most undervalued building material stock based on WallStreetZen's Valuation Score. Boise Cascade Co has a valuation score of 43, which is 20 points higher than the building material industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Boise Cascade Co's stock has gained 55.43% in the past year. It has overperformed other stocks in the building material industry by 23 percentage points.

2. Cemex Sab De Cv (NYSE:CX)

Cemex Sab De Cv (NYSE:CX) is the second most undervalued building material stock based on WallStreetZen's Valuation Score. Cemex Sab De Cv has a valuation score of 43, which is 20 points higher than the building material industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Cemex Sab De Cv's stock has gained 52.82% in the past year. It has overperformed other stocks in the building material industry by 20 percentage points.

3. Summit Materials (NYSE:SUM)

Summit Materials (NYSE:SUM) is the third most undervalued building material stock based on WallStreetZen's Valuation Score. Summit Materials has a valuation score of 43, which is 20 points higher than the building material industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Summit Materials's stock has gained 17.89% in the past year. It has underperformed other stocks in the building material industry by -15 percentage points.

Are building material stocks a good buy now?

70% of building material stocks rated by analysts are a strong buy right now. On average, analysts expect building material stocks to rise by 12.88% over the next year.

What is the average p/e ratio of the building materials industry?

The average P/E ratio of the building materials industry is 23.26x.

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.