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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
BCC
BOISE CASCADE CO
United States
$5.00B39,479,29548.92%51.08%Net SellingNet Selling
MLM
MARTIN MARIETTA MATERIALS INC
United States
$34.94B61,640,19079.14%20.86%Net SellingNet Buying
TGLS
TECNOGLASS INC
Colombia
$2.12B46,996,70829.77%70.23%Net Buying
USLM
UNITED STATES LIME & MINERALS INC
United States
$1.95B5,709,15415.95%84.05%Net BuyingNet Buying
EXP
EAGLE MATERIALS INC
United States
$7.68B33,915,34575.20%24.80%Net SellingNet Selling
SUM
SUMMIT MATERIALS INC
United States
$6.48B175,464,77542.19%57.81%Net SellingNet Buying
JHX
JAMES HARDIE INDUSTRIES PLC
Ireland
$13.74B433,784,6341.52%0.00%
VMC
VULCAN MATERIALS CO
United States
$33.41B132,252,26390.05%6.35%Net SellingNet Selling
KNF
KNIFE RIVER CORP
United States
$3.90B56,609,70478.14%0.96%Net BuyingNet Buying
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
Argentina
$833.21M583,483,1513.95%0.00%
CX
CEMEX SAB DE CV
Mexico
$9.32B14,490,870,2432.94%0.00%
CPAC
CEMENTOS PACASMAYO SAA
Peru
$484.62M428,106,8460.09%0.00%
SMID
SMITH MIDLAND CORP
United States
$190.15M5,296,65952.30%33.64%Net SellingNet Selling
RETO
RETO ECO-SOLUTIONS INC
China
$7.57M3,745,1880.84%0.00%
CRH
CRH PUBLIC LTD CO
Ireland
$52.57B686,677,44861.09%0.00%

Building Material Stocks FAQ

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

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

1. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) is the top building material stock with a Zen Score of 51, which is 16 points higher than the building material industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Boise Cascade Co has seen its stock return 61.11% over the past year, overperforming other building material stocks by 23 percentage points.

Boise Cascade Co has an average 1 year price target of $152.00, an upside of 20.06% from Boise Cascade Co's current stock price of $126.60.

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

2. Martin Marietta Materials (NYSE:MLM)


Martin Marietta Materials (NYSE:MLM) is the second best building material stock with a Zen Score of 50, which is 15 points higher than the building material industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Martin Marietta Materials has seen its stock return 33.12% over the past year, underperforming other building material stocks by -5 percentage points.

Martin Marietta Materials has an average 1 year price target of $636.30, an upside of 12.25% from Martin Marietta Materials's current stock price of $566.85.

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.

3. Tecnoglass (NYSE:TGLS)


Tecnoglass (NYSE:TGLS) is the third best building material stock with a Zen Score of 47, which is 12 points higher than the building material industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Tecnoglass has seen its stock return 1.17% over the past year, underperforming other building material stocks by -37 percentage points.

Tecnoglass has an average 1 year price target of $53.75, an upside of 19.31% from Tecnoglass's current stock price of $45.05.

Tecnoglass stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tecnoglass, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 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 6.51%, which is 5 percentage points higher than the building material industry average of 1.68%.

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

2. Boise Cascade Co (NYSE:BCC)


Boise Cascade Co (NYSE:BCC) has an annual dividend yield of 4.42%, which is 3 percentage points higher than the building material industry average of 1.68%. Boise Cascade Co's dividend payout is not stable, having dropped more than 10% nine 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 70.6% indicates that its dividend yield is sustainable for the long-term.

3. Tecnoglass (NYSE:TGLS)


Tecnoglass (NYSE:TGLS) has an annual dividend yield of 0.84%, which is -1 percentage points lower than the building material industry average of 1.68%. 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.

Why are building material stocks down?

Building material stocks were down -0.52% in the last day, and up 2.24% over the last week. Crh Public Co was the among the top losers in the building materials industry, dropping -3.36% yesterday.

CRH shares are trading lower. The company announced its acquisition of Adbri with Barro Group received court and shareholder approval.

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 7.01% in the past year. It has underperformed other stocks in the building material industry by -31 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 7.57% in the past year. It has underperformed other stocks in the building material industry by -30 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 61.11% in the past year. It has overperformed other stocks in the building material industry by 23 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 17.36% 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 23.98x.
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