WallStreetZenWallStreetZen

Sectors & IndustriesBasic MaterialsBuilding Products & Equipment
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...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ROCK
GIBRALTAR INDUSTRIES INC
NASDAQ
Building Products & Equipment
$1.60B$51.641.39%$149.42M18.92x0.57
PATK
PATRICK INDUSTRIES INC
NASDAQ
Building Products & Equipment
$1.55B$68.210.31%$648.00M4.38x2.06
CSL
CARLISLE COMPANIES INC
NYSE
Building Products & Equipment
$12.58B$243.161.01%$1.47B14.42x1.54
SSD
SIMPSON MANUFACTURING CO INC
NYSE
Building Products & Equipment
$4.35B$102.13-0.28%$532.32M12.72x0.87
BLDR
BUILDERS FIRSTSOURCE INC
NYSE
Building Products & Equipment
$11.14B$75.682.94%$4.37B4.60x1.21
BXC
BLUELINX HOLDINGS INC
NYSE
Building Products & Equipment
$757.99M$83.891.87%$524.03M2.37x1.75
DOOR
MASONITE INTERNATIONAL CORP
NYSE
Building Products & Equipment
$1.97B$88.651.47%$348.98M12.52x2.22
APOG
APOGEE ENTERPRISES INC
NASDAQ
Building Products & Equipment
$992.29M$44.670.52%$143.84M14.14x1.43
OC
OWENS CORNING
NYSE
Building Products & Equipment
$8.57B$91.69-0.19%$2.40B6.69x1.30
GMS
GMS INC
NYSE
Building Products & Equipment
$2.37B$57.062.24%$633.36M7.37x1.74
MAS
MASCO CORP
NYSE
Building Products & Equipment
$11.41B$50.58-1.44%$1.43B13.71x-9.45
AWI
ARMSTRONG WORLD INDUSTRIES INC
NYSE
Building Products & Equipment
$3.45B$75.450.61%$357.70M18.01x2.34
NX
QUANEX BUILDING PRODUCTS CORP
NYSE
Building Products & Equipment
$811.69M$24.500.99%$152.43M9.18x0.56
TGLS
TECNOGLASS INC
NASDAQ
Building Products & Equipment
$1.59B$33.303.87%$204.76M13.16x1.17
PGTI
PGT INNOVATIONS INC
NYSE
Building Products & Equipment
$1.24B$20.672.12%$228.32M12.02x1.55
WMS
ADVANCED DRAINAGE SYSTEMS INC
NYSE
Building Products & Equipment
$7.70B$92.953.62%$809.51M16.90x1.89
SWIM
LATHAM GROUP INC
NASDAQ
Building Products & Equipment
$443.89M$3.793.55%$81.42M54.14x1.31
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$4.81B$67.122.21%$1.79B4.23x0.75
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
NASDAQ
Building Products & Equipment
$86.13M$10.76-1.91%$14.23M15.15x1.30
IBP
INSTALLED BUILDING PRODUCTS INC
NYSE
Building Products & Equipment
$3.09B$108.203.64%$406.79M17.01x2.86
JBI
JANUS INTERNATIONAL GROUP INC
NYSE
Building Products & Equipment
$1.58B$10.791.22%$192.25M18.93x2.70
BECN
BEACON ROOFING SUPPLY INC
NASDAQ
Building Products & Equipment
$3.57B$54.81-0.18%$842.30M9.86x2.16
AZEK
AZEK CO INC
NYSE
Building Products & Equipment
$3.50B$23.17-1.82%$247.19M47.29x0.65
TREX
TREX CO INC
NYSE
Building Products & Equipment
$5.50B$50.12-0.91%$306.17M28.48x0.51
AAON
AAON INC
NASDAQ
Building Products & Equipment
$3.93B$73.90-0.48%$119.62M57.73x0.50
VIEW
VIEW INC
NASDAQ
Building Products & Equipment
$162.72M$0.741.38%-$301.61M-0.50x0.57
CARR
CARRIER GLOBAL CORP
NYSE
Building Products & Equipment
$36.50B$43.650.32%$4.85B10.29x2.50
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
NASDAQ
Building Products & Equipment
$5.19M$0.85-0.58%$3.82M0.70x4.76
APT
ALPHA PRO TECH LTD
NYSEMKT
Building Products & Equipment
$51.81M$4.140.73%$5.17M15.92x0.06
CSTE
CAESARSTONE LTD
NASDAQ
Building Products & Equipment
$206.88M$6.00-0.83%$55.79M16.22x0.72
ASPN
ASPEN AEROGELS INC
NYSE
Building Products & Equipment
$439.78M$10.750.28%-$74.13M-4.23x1.11
JELD
JELD-WEN HOLDING INC
NYSE
Building Products & Equipment
$985.07M$11.682.73%$303.78M19.80x4.78
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
NASDAQ
Building Products & Equipment
$28.53M$1.58-8.67%N/AN/A2.52

Building Product & Equipment Stocks FAQ

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

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

1. Gibraltar Industries (NASDAQ:ROCK)


Gibraltar Industries (NASDAQ:ROCK) is the top building product & equipment stock with a Zen Score of 62, which is 18 points higher than the building product & equipment industry average of 44. It passed 20 out of 33 due diligence checks and has strong fundamentals. Gibraltar Industries has seen its stock lose -7.77% over the past year, underperforming other building product & equipment stocks by -3 percentage points.

Gibraltar Industries has an average 1 year price target of $59.00, an upside of 14.25% from Gibraltar Industries's current stock price of $51.64.

Gibraltar Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Gibraltar Industries, 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.

2. Patrick Industries (NASDAQ:PATK)


Patrick Industries (NASDAQ:PATK) is the second best building product & equipment stock with a Zen Score of 61, which is 17 points higher than the building product & equipment industry average of 44. It passed 22 out of 38 due diligence checks and has strong fundamentals. Patrick Industries has seen its stock return 5.82% over the past year, overperforming other building product & equipment stocks by 10 percentage points.

Patrick Industries has an average 1 year price target of $65.67, a downside of -3.73% from Patrick Industries's current stock price of $68.21.

Patrick Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Patrick Industries, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 16.67% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the third best building product & equipment stock with a Zen Score of 59, which is 15 points higher than the building product & equipment industry average of 44. It passed 23 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 10.69% over the past year, overperforming other building product & equipment stocks by 15 percentage points.

Carlisle Companies has an average 1 year price target of $341.67, an upside of 40.51% from Carlisle Companies's current stock price of $243.16.

Carlisle Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Carlisle Companies, 0% have issued a Strong Buy rating, 100% 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 product & equipment stocks with highest dividends?

Out of 14 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. Masco (NYSE:MAS)


Masco (NYSE:MAS) has an annual dividend yield of 2.21%, which is 1 percentage points higher than the building product & equipment industry average of 1.54%. Masco's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Masco's dividend has shown consistent growth over the last 10 years.

Masco's dividend payout ratio of 29.1% indicates that its dividend yield is sustainable for the long-term.

2. Patrick Industries (NASDAQ:PATK)


Patrick Industries (NASDAQ:PATK) has an annual dividend yield of 2.11%, which is 1 percentage points higher than the building product & equipment industry average of 1.54%. Patrick Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Patrick Industries's dividend has shown consistent growth over the last 10 years.

Patrick Industries's dividend payout ratio of 8.5% indicates that its dividend yield is sustainable for the long-term.

3. Installed Building Products (NYSE:IBP)


Installed Building Products (NYSE:IBP) has an annual dividend yield of 2%, which is the same as the building product & equipment industry average of 1.54%.

Installed Building Products's dividend payout ratio of 33.7% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 1.11% in the last day, and up 5.67% over the last week.

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

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. Patrick Industries (NASDAQ:PATK)


Patrick Industries (NASDAQ:PATK) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Patrick Industries has a valuation score of 86, which is 43 points higher than the building product & equipment industry average of 43. It passed 6 out of 7 valuation due diligence checks.

Patrick Industries's stock has gained 5.82% in the past year. It has overperformed other stocks in the building product & equipment industry by 10 percentage points.

2. Quanex Building Products (NYSE:NX)


Quanex Building Products (NYSE:NX) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Quanex Building Products has a valuation score of 71, which is 28 points higher than the building product & equipment industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 12.49% in the past year. It has overperformed other stocks in the building product & equipment industry by 17 percentage points.

3. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 28 points higher than the building product & equipment industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has gained 20.63% in the past year. It has overperformed other stocks in the building product & equipment industry by 25 percentage points.

Are building product & equipment stocks a good buy now?

48.28% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 18.51% 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 14.17x.
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.