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Best Building Material Stocks to Buy Now (2024)
Top building material stocks in 2024 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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
MLM
MARTIN MARIETTA MATERIALS INC
NYSE
Building Materials
$34.18B$554.52-0.22%$3.40B16.38x0.83
TGLS
TECNOGLASS INC
NYSE
Building Materials
$2.55B$54.291.12%$261.20M15.69x0.71
USLM
UNITED STATES LIME & MINERALS INC
NASDAQ
Building Materials
$2.26B$395.386.11%$124.43M28.20x0.12
EXP
EAGLE MATERIALS INC
NYSE
Building Materials
$7.78B$229.460.93%$810.03M16.72x1.25
SUM
SUMMIT MATERIALS INC
NYSE
Building Materials
$6.73B$38.350.89%$767.70M17.04x0.93
JHX
JAMES HARDIE INDUSTRIES PLC
NYSE
Building Materials
$14.60B$33.654.60%$982.00M29.01x1.64
BCC
BOISE CASCADE CO
NYSE
Building Materials
$4.94B$125.121.44%$817.38M10.10x0.60
VMC
VULCAN MATERIALS CO
NYSE
Building Materials
$33.40B$252.51-0.86%$2.09B36.60x0.85
KNF
KNIFE RIVER CORP
NYSE
Building Materials
$4.33B$76.550.50%$423.55M24.61x1.06
CX
CEMEX SAB DE CV
NYSE
Building Materials
$9.97B$6.880.58%$3.20B163.81x1.39
CPAC
CEMENTOS PACASMAYO SAA
NYSE
Building Materials
$471.77M$5.51-0.81%$135.44M10.02x1.59
SMID
SMITH MIDLAND CORP
NASDAQ
Building Materials
$155.93M$29.44-0.64%$5.42M84.11x0.84
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
NYSE
Building Materials
$798.20M$6.84-2.84%$141.48M67.72x1.17
RETO
RETO ECO-SOLUTIONS INC
NASDAQ
Building Materials
$5.24M$1.401.45%-$14.31M-0.07x4.68
CRH
CRH PUBLIC LTD CO
NYSE
Building Materials
$54.54B$79.42-0.24%N/AN/A1.28

Building Material Stocks FAQ

What are the best building material stocks to buy right now in Jul 2024?

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

1. Martin Marietta Materials (NYSE:MLM)


Martin Marietta Materials (NYSE:MLM) is the top building material stock with a Zen Score of 50, which is 16 points higher than the building material industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Martin Marietta Materials has seen its stock return 24.55% over the past year, underperforming other building material stocks by -8 percentage points.

Martin Marietta Materials has an average 1 year price target of $632.80, an upside of 14.12% from Martin Marietta Materials's current stock price of $554.52.

Martin Marietta Materials stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Martin Marietta Materials, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Tecnoglass (NYSE:TGLS)


Tecnoglass (NYSE:TGLS) is the second best building material stock with a Zen Score of 47, which is 13 points higher than the building material industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Tecnoglass has seen its stock return 2.72% over the past year, underperforming other building material stocks by -30 percentage points.

Tecnoglass has an average 1 year price target of $56.60, an upside of 4.25% from Tecnoglass's current stock price of $54.29.

Tecnoglass stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Tecnoglass, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. United States Lime & Minerals (NASDAQ:USLM)


United States Lime & Minerals (NASDAQ:USLM) is the third best building material stock with a Zen Score of 47, which is 13 points higher than the building material industry average of 34. It passed 18 out of 38 due diligence checks and has strong fundamentals. United States Lime & Minerals has seen its stock return 89.19% over the past year, overperforming other building material stocks by 57 percentage points.

What are the building material stocks with highest dividends?

Out of 7 building material stocks that have issued dividends in the past year, the 3 building material stocks with the highest dividend yields are:

1. Loma Negra (NYSE:LOMA)


Loma Negra (NYSE:LOMA) has an annual dividend yield of N/A, which is N/A percentage points lower than the building material industry average of 0.91%.

Loma Negra's dividend payout ratio of 856.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Tecnoglass (NYSE:TGLS)


Tecnoglass (NYSE:TGLS) has an annual dividend yield of 0.74%, which is the same as the building material industry average of 0.91%. Tecnoglass's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Tecnoglass's dividend has not shown consistent growth over the last 10 years.

Tecnoglass's dividend payout ratio of 11% indicates that its dividend yield is sustainable for the long-term.

3. Vulcan Materials Co (NYSE:VMC)


Vulcan Materials Co (NYSE:VMC) has an annual dividend yield of 0.7%, which is the same as the building material industry average of 0.91%. Vulcan Materials Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Vulcan Materials Co's dividend has shown consistent growth over the last 10 years.

Vulcan Materials Co's dividend payout ratio of 25.4% indicates that its dividend yield is sustainable for the long-term.

Why are building material stocks up?

Building material stocks were up 1.37% in the last day, and up 6.43% over the last week.

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

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. Cementos Pacasmayo Saa (NYSE:CPAC)


Cementos Pacasmayo Saa (NYSE:CPAC) is the most undervalued building material stock based on WallStreetZen's Valuation Score. Cementos Pacasmayo Saa has a valuation score of 57, which is 32 points higher than the building material industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Cementos Pacasmayo Saa's stock has gained 4.75% in the past year. It has underperformed other stocks in the building material industry by -28 percentage points.

2. Summit Materials (NYSE:SUM)


Summit Materials (NYSE:SUM) is the second most undervalued building material stock based on WallStreetZen's Valuation Score. Summit Materials has a valuation score of 43, which is 18 points higher than the building material industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Summit Materials's stock has gained 4.75% in the past year. It has underperformed other stocks in the building material industry by -28 percentage points.

3. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) is the third most undervalued building material stock based on WallStreetZen's Valuation Score. Boise Cascade Co has a valuation score of 43, which is 18 points higher than the building material industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Boise Cascade Co's stock has gained 32.01% in the past year. It has performed in line with other stocks in the building material industry.

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 16.06% 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 24.99x.
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