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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...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
AWI
ARMSTRONG WORLD INDUSTRIES INC
NYSE
Building Products & Equipment
$3.28B$73.31-0.20%$396.70M15.56x2.02
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$4.15B$57.62-0.43%$410.00M17.20x0.62
APOG
APOGEE ENTERPRISES INC
NASDAQ
Building Products & Equipment
$1.07B$48.40-1.94%$179.19M10.08x1.25
OC
OWENS CORNING
NYSE
Building Products & Equipment
$12.21B$135.88-0.97%$2.37B9.50x1.19
DOOR
MASONITE INTERNATIONAL CORP
NYSE
Building Products & Equipment
$2.05B$93.26-1.82%$381.57M11.79x2.26
ROCK
GIBRALTAR INDUSTRIES INC
NASDAQ
Building Products & Equipment
$2.12B$69.61-0.80%$155.15M24.00x0.46
BLDR
BUILDERS FIRSTSOURCE INC
NYSE
Building Products & Equipment
$15.90B$127.16-2.19%$3.13B9.60x1.47
CSL
CARLISLE COMPANIES INC
NYSE
Building Products & Equipment
$13.29B$266.22-2.09%$1.27B18.85x1.37
WMS
ADVANCED DRAINAGE SYSTEMS INC
NYSE
Building Products & Equipment
$9.09B$115.49-1.82%$871.81M18.93x2.05
AAON
AAON INC
NASDAQ
Building Products & Equipment
$5.00B$61.22-0.89%$222.97M33.04x0.41
GMS
GMS INC
NYSE
Building Products & Equipment
$2.56B$63.17-1.00%$636.15M7.93x1.44
JBI
JANUS INTERNATIONAL GROUP INC
NYSE
Building Products & Equipment
$1.56B$10.623.11%$271.73M12.21x1.91
NX
QUANEX BUILDING PRODUCTS CORP
NYSE
Building Products & Equipment
$916.36M$27.78-2.70%$141.73M11.43x0.61
TT
TRANE TECHNOLOGIES PLC
NYSE
Building Products & Equipment
$45.96B$201.24-0.92%$2.87B24.60x2.02
MAS
MASCO CORP
NYSE
Building Products & Equipment
$12.27B$54.57-1.60%$1.33B15.33x-27.50
LII
LENNOX INTERNATIONAL INC
NYSE
Building Products & Equipment
$13.27B$373.53-0.78%$815.80M24.02x46.63
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
NASDAQ
Building Products & Equipment
$66.28M$8.22-4.08%$14.49M13.05x1.54
PGTI
PGT INNOVATIONS INC
NYSE
Building Products & Equipment
$1.55B$26.59-1.04%$228.95M15.11x1.49
FBIN
FORTUNE BRANDS INNOVATIONS INC
NYSE
Building Products & Equipment
$8.15B$64.19-0.48%$951.80M16.46x2.16
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
NYSE
Building Products & Equipment
$38.44B$56.51-1.31%$2.69B18.84x1.55
AZEK
AZEK CO INC
NYSE
Building Products & Equipment
$4.57B$30.63-0.84%$200.70M218.79x0.64
TREX
TREX CO INC
NYSE
Building Products & Equipment
$7.01B$64.56-1.41%$242.38M48.91x0.72
TILE
INTERFACE INC
NASDAQ
Building Products & Equipment
$566.54M$9.75-0.20%$93.53M121.88x2.17
APT
ALPHA PRO TECH LTD
NYSEMKT
Building Products & Equipment
$50.27M$4.22-1.40%$4.65M17.58x0.05
CARR
CARRIER GLOBAL CORP
NYSE
Building Products & Equipment
$45.09B$53.83-0.04%$3.42B20.86x2.26
ASPN
ASPEN AEROGELS INC
NYSE
Building Products & Equipment
$454.24M$6.47-2.27%-$59.83M-5.05x0.47
VIEW
VIEW INC
NASDAQ
Building Products & Equipment
$34.39M$8.51-2.30%-$262.46M-0.11x2.60
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
NASDAQ
Building Products & Equipment
$16.62M$0.92-3.16%-$1.21M-8.36x0.12
ARLO
ARLO TECHNOLOGIES INC
NYSE
Building Products & Equipment
$1.03B$10.970.55%-$52.05M-16.88x2.29
SWIM
LATHAM GROUP INC
NASDAQ
Building Products & Equipment
$292.85M$2.55-1.54%$64.71M-17.00x1.26
CSTE
CAESARSTONE LTD
NASDAQ
Building Products & Equipment
$148.76M$4.311.41%-$91.17M-1.13x0.74
JELD
JELD-WEN HOLDING INC
NYSE
Building Products & Equipment
$1.14B$13.44-1.75%$313.07M21.33x3.53
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
NASDAQ
Building Products & Equipment
$2.36M$2.93-5.42%-$7.70M-0.29x98.89

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.