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Best Building Product & Equipment Stocks to Buy Now (2023)
Top building product & equipment stocks in 2023 ranked by overall Zen Score. See the best building product & equipment stocks to buy now, according to analyst forecasts for the building products & equipment industry.

Industry: Building Products & Equip...

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$3.28B	$73.31	-0.20%	$396.70M	15.56x	2.02
LPX	LOUISIANA-PACIFIC CORP	NYSE	Building Products & Equipment	$4.15B	$57.62	-0.43%	$410.00M	17.20x	0.62
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.07B	$48.40	-1.94%	$179.19M	10.08x	1.25
OC	OWENS CORNING	NYSE	Building Products & Equipment	$12.21B	$135.88	-0.97%	$2.37B	9.50x	1.19
DOOR	MASONITE INTERNATIONAL CORP	NYSE	Building Products & Equipment	$2.05B	$93.26	-1.82%	$381.57M	11.79x	2.26
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.12B	$69.61	-0.80%	$155.15M	24.00x	0.46
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$15.90B	$127.16	-2.19%	$3.13B	9.60x	1.47
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$13.29B	$266.22	-2.09%	$1.27B	18.85x	1.37
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$9.09B	$115.49	-1.82%	$871.81M	18.93x	2.05
AAON	AAON INC	NASDAQ	Building Products & Equipment	$5.00B	$61.22	-0.89%	$222.97M	33.04x	0.41
GMS	GMS INC	NYSE	Building Products & Equipment	$2.56B	$63.17	-1.00%	$636.15M	7.93x	1.44
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$1.56B	$10.62	3.11%	$271.73M	12.21x	1.91
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$916.36M	$27.78	-2.70%	$141.73M	11.43x	0.61
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$45.96B	$201.24	-0.92%	$2.87B	24.60x	2.02
MAS	MASCO CORP	NYSE	Building Products & Equipment	$12.27B	$54.57	-1.60%	$1.33B	15.33x	-27.50
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$13.27B	$373.53	-0.78%	$815.80M	24.02x	46.63
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$66.28M	$8.22	-4.08%	$14.49M	13.05x	1.54
PGTI	PGT INNOVATIONS INC	NYSE	Building Products & Equipment	$1.55B	$26.59	-1.04%	$228.95M	15.11x	1.49
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$8.15B	$64.19	-0.48%	$951.80M	16.46x	2.16
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$38.44B	$56.51	-1.31%	$2.69B	18.84x	1.55
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$4.57B	$30.63	-0.84%	$200.70M	218.79x	0.64
TREX	TREX CO INC	NYSE	Building Products & Equipment	$7.01B	$64.56	-1.41%	$242.38M	48.91x	0.72
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$566.54M	$9.75	-0.20%	$93.53M	121.88x	2.17
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$50.27M	$4.22	-1.40%	$4.65M	17.58x	0.05
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$45.09B	$53.83	-0.04%	$3.42B	20.86x	2.26
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$454.24M	$6.47	-2.27%	-$59.83M	-5.05x	0.47
VIEW	VIEW INC	NASDAQ	Building Products & Equipment	$34.39M	$8.51	-2.30%	-$262.46M	-0.11x	2.60
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$16.62M	$0.92	-3.16%	-$1.21M	-8.36x	0.12
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.03B	$10.97	0.55%	-$52.05M	-16.88x	2.29
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$292.85M	$2.55	-1.54%	$64.71M	-17.00x	1.26
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$148.76M	$4.31	1.41%	-$91.17M	-1.13x	0.74
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.14B	$13.44	-1.75%	$313.07M	21.33x	3.53
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$2.36M	$2.93	-5.42%	-$7.70M	-0.29x	98.89

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Sep 2023?

According to Zen Score, the 3 best building product & equipment stocks to buy right now are:

1. Armstrong World Industries (NYSE:AWI)

Armstrong World Industries (NYSE:AWI) is the top building product & equipment stock with a Zen Score of 57, which is 19 points higher than the building product & equipment industry average of 38. It passed 22 out of 38 due diligence checks and has strong fundamentals. Armstrong World Industries has seen its stock lose -11.23% over the past year, underperforming other building product & equipment stocks by -29 percentage points.

Armstrong World Industries has an average 1 year price target of $79.40, an upside of 8.31% from Armstrong World Industries's current stock price of $73.31.

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

2. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the second best building product & equipment stock with a Zen Score of 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 16.85% over the past year, underperforming other building product & equipment stocks by -1 percentage points.

Apogee Enterprises has an average 1 year price target of $46.00, a downside of -4.96% from Apogee Enterprises's current stock price of $48.40.

Apogee Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Apogee Enterprises, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Louisiana Pacific (NYSE:LPX)

Louisiana Pacific (NYSE:LPX) is the third best building product & equipment stock with a Zen Score of 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Louisiana Pacific has seen its stock return 9.88% over the past year, underperforming other building product & equipment stocks by -8 percentage points.

Louisiana Pacific has an average 1 year price target of $78.80, an upside of 36.76% from Louisiana Pacific's current stock price of $57.62.

Louisiana Pacific stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Louisiana Pacific, 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.

What are the building product & equipment stocks with highest dividends?

Out of 15 building product & equipment stocks that have issued dividends in the past year, the 3 building product & equipment stocks with the highest dividend yields are:

1. Caesarstone (NASDAQ:CSTE)

Caesarstone (NASDAQ:CSTE) has an annual dividend yield of N/A, which is N/A percentage points lower than the building product & equipment industry average of 2.13%. Caesarstone's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Caesarstone's dividend has not shown consistent growth over the last 10 years.

Caesarstone's dividend payout ratio of -6.6% indicates that its dividend yield might not be sustainable for the long-term.

2. Fortune Brands Innovations (NYSE:FBIN)

Fortune Brands Innovations (NYSE:FBIN) has an annual dividend yield of 14.3%, which is 12 percentage points higher than the building product & equipment industry average of 2.13%. Fortune Brands Innovations's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Fortune Brands Innovations's dividend has shown consistent growth over the last 10 years.

Fortune Brands Innovations's dividend payout ratio of 236.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Johnson Controls International (NYSE:JCI)

Johnson Controls International (NYSE:JCI) has an annual dividend yield of 2.53%, which is the same as the building product & equipment industry average of 2.13%. Johnson Controls International's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Johnson Controls International's dividend has shown consistent growth over the last 10 years.

Johnson Controls International's dividend payout ratio of 47.7% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -1.23% in the last day, and down -1.97% over the last week.

We couldn't find a catalyst for why building product & equipment stocks are down.

What are the most undervalued building product & equipment stocks?

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

1. Perma Pipe International Holdings (NASDAQ:PPIH)

Perma Pipe International Holdings (NASDAQ:PPIH) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 41 points higher than the building product & equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has dropped -13.93% in the past year. It has underperformed other stocks in the building product & equipment industry by -31 percentage points.

2. Masonite International (NYSE:DOOR)

Masonite International (NYSE:DOOR) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Masonite International has a valuation score of 71, which is 41 points higher than the building product & equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 27.75% in the past year. It has overperformed other stocks in the building product & equipment industry by 10 percentage points.

3. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Quanex Building Products has a valuation score of 57, which is 27 points higher than the building product & equipment industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 38.97% in the past year. It has overperformed other stocks in the building product & equipment industry by 21 percentage points.

Are building product & equipment stocks a good buy now?

46.15% of building product & equipment stocks rated by analysts are a strong buy right now. On average, analysts expect building product & equipment stocks to rise by 13.73% over the next year.

What is the average p/e ratio of the building products & equipment industry?

The average P/E ratio of the building products & equipment industry is 23.64x.

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.