Sectors & IndustriesBasic MaterialsBuilding Materials

Best Building Material Stocks to Buy Now (2022)

Top building material stocks in 2022 ranked by overall Zen Score. See the best building material stocks to buy now, according to analyst forecasts for the building materials industry.

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

Eagle Materials (NYSE:EXP) is the top building material stock with a Zen Score of 59, which is 18 points higher than the building material industry average of 41. It passed 23 out of 38 due diligence checks and has strong fundamentals. Eagle Materials has seen its stock lose -15.14% over the past year, underperforming other building material stocks by -3 percentage points.

Eagle Materials has an average 1 year price target of $159.75, an upside of 40.07% from Eagle Materials's current stock price of $114.05.

Eagle Materials stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Eagle Materials, 44.44% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

James Hardie Industries (NYSE:JHX) is the second best building material stock with a Zen Score of 58, which is 17 points higher than the building material industry average of 41. It passed 22 out of 38 due diligence checks and has strong fundamentals. James Hardie Industries has seen its stock lose -40.44% over the past year, underperforming other building material stocks by -28 percentage points.

James Hardie Industries has an average 1 year price target of $29.80, an upside of 39.71% from James Hardie Industries's current stock price of $21.33.

James Hardie Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering James Hardie Industries, 50% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

Vulcan Materials Co (NYSE:VMC) is the third best building material stock with a Zen Score of 48, which is 7 points higher than the building material industry average of 41. It passed 18 out of 38 due diligence checks and has strong fundamentals. Vulcan Materials Co has seen its stock lose -7.16% over the past year, overperforming other building material stocks by 5 percentage points.

Vulcan Materials Co has an average 1 year price target of $215.60, an upside of 32.92% from Vulcan Materials Co's current stock price of $162.20.

Vulcan Materials Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Vulcan Materials Co, 58.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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:

Loma Negra (NYSE:LOMA) has an annual dividend yield of 5.78%, which is 3 percentage points higher than the building material industry average of 2.29%.

Loma Negra's dividend payout ratio of 40% indicates that its high dividend yield is sustainable for the long-term.

Crh Public Co (NYSE:CRH) has an annual dividend yield of 3.65%, which is 1 percentage points higher than the building material industry average of 2.29%. Crh Public Co's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Crh Public Co's dividend has not shown consistent growth over the last 10 years.

Crh Public Co's dividend payout ratio of 24.1% indicates that its dividend yield is sustainable for the long-term.

James Hardie Industries (NYSE:JHX) has an annual dividend yield of 3.28%, which is 1 percentage points higher than the building material industry average of 2.29%. James Hardie Industries's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. James Hardie Industries's dividend has shown consistent growth over the last 10 years.

James Hardie Industries's dividend payout ratio of 61.9% indicates that its dividend yield is sustainable for the long-term.

Building material stocks were down -1.15% in the last day, and up 3.55% over the last week.

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

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

Cemex Sab De Cv (NYSE:CX) is the most undervalued building material stock based on WallStreetZen's Valuation Score. Cemex Sab De Cv has a valuation score of 57, which is 16 points higher than the building material industry average of 41. It passed 4 out of 7 valuation due diligence checks.

Cemex Sab De Cv's stock has dropped -46.58% in the past year. It has underperformed other stocks in the building material industry by -34 percentage points.

United States Lime & Minerals (NASDAQ:USLM) is the second most undervalued building material stock based on WallStreetZen's Valuation Score. United States Lime & Minerals has a valuation score of 57, which is 16 points higher than the building material industry average of 41. It passed 4 out of 7 valuation due diligence checks.

United States Lime & Minerals's stock has dropped -8.16% in the past year. It has overperformed other stocks in the building material industry by 4 percentage points.

Cementos Pacasmayo Saa (NYSE:CPAC) is the third most undervalued building material stock based on WallStreetZen's Valuation Score. Cementos Pacasmayo Saa has a valuation score of 57, which is 16 points higher than the building material industry average of 41. It passed 4 out of 7 valuation due diligence checks.

Cementos Pacasmayo Saa's stock has dropped -10.39% in the past year. It has overperformed other stocks in the building material industry by 2 percentage points.