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Best Building Product & Equipment Stocks to Buy Now (2024)
Top building product & equipment stocks in 2024 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
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.35B	$61.32	-1.51%	$195.32M	12.83x	0.96
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.11B	$33.66	-0.12%	$152.92M	12.75x	0.47
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$16.94B	$475.50	1.64%	$906.20M	27.42x	7.10
OC	OWENS CORNING	NYSE	Building Products & Equipment	$14.30B	$165.04	-0.11%	$2.16B	13.21x	1.15
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$18.24B	$382.03	1.79%	$1.26B	24.89x	1.34
LPX	LOUISIANA-PACIFIC CORP	NYSE	Building Products & Equipment	$5.41B	$74.82	-0.49%	$385.00M	30.29x	0.57
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.16B	$71.11	-0.84%	$179.37M	19.70x	0.37
GMS	GMS INC	NYSE	Building Products & Equipment	$3.70B	$92.85	1.68%	$592.69M	12.77x	1.31
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$43.92B	$64.45	-0.25%	$2.96B	20.93x	1.56
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.71B	$89.41	0.24%	$326.39M	47.31x	0.30
AAON	AAON INC	NASDAQ	Building Products & Equipment	$7.33B	$89.90	0.26%	$274.79M	41.05x	0.28
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$5.07B	$115.76	-0.17%	$422.80M	23.15x	1.83
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$12.52B	$161.34	0.64%	$892.25M	25.33x	1.80
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$891.06M	$15.31	-3.47%	$141.39M	19.88x	1.89
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$22.59B	$185.26	-0.77%	$2.73B	15.36x	1.22
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$67.98B	$299.37	0.97%	$3.10B	33.83x	1.77
MAS	MASCO CORP	NYSE	Building Products & Equipment	$15.39B	$69.87	0.19%	$1.44B	17.08x	-69.05
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.13B	$14.48	-3.92%	$288.20M	15.74x	1.60
DOOR	MASONITE INTERNATIONAL CORP	NYSE	Building Products & Equipment	$2.89B	$131.75	0.11%	$334.11M	24.53x	2.15
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$70.38M	$6.14	2.68%	$7.09M	17.54x	0.12
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$1.20B	$15.71	-5.59%	-$28.84M	-23.80x	0.44
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$57.82M	$7.17	-0.83%	$15.14M	11.03x	1.65
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.79B	$20.97	11.54%	$338.23M	28.73x	2.50
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$53.89B	$59.81	9.20%	$2.86B	40.69x	2.50
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$6.64B	$45.56	0.35%	$337.96M	57.67x	0.68
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.24B	$73.22	-0.42%	$837.30M	22.95x	1.86
MTEN	MINGTENG INTERNATIONAL CORP INC	NASDAQ	Building Products & Equipment	N/A	$3.99	-0.25%	$2.44M	11.74x	0.60
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$4.15M	$1.98	5.88%	$1.38M	13.85x	0.12
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.08B	$11.21	1.63%	-$16.20M	-46.71x	1.77
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$350.77M	$3.04	-3.49%	$69.28M	-152.00x	1.09
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$216.52M	$6.27	-6.84%	-$57.44M	-2.00x	0.83
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$10.17M	$0.56	4.26%	-$3.72M	-2.25x	0.16
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$215.33M	$12.10	14.69%	$3.00M	242.00x	-1.04

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Apr 2024?

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

1. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the top building product & equipment stock with a Zen Score of 57, which is 20 points higher than the building product & equipment industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 45.03% over the past year, underperforming other building product & equipment stocks by -18 percentage points.

2. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the second best building product & equipment stock with a Zen Score of 51, which is 14 points higher than the building product & equipment industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Quanex Building Products has seen its stock return 72% over the past year, overperforming other building product & equipment stocks by 9 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12.89% from Quanex Building Products's current stock price of $33.66.

Quanex Building Products stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Quanex Building Products, 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.

3. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the third best building product & equipment stock with a Zen Score of 49, which is 12 points higher than the building product & equipment industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 78.86% over the past year, overperforming other building product & equipment stocks by 16 percentage points.

Carlisle Companies has an average 1 year price target of $435.50, an upside of 14% from Carlisle Companies's current stock price of $382.03.

Carlisle Companies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Carlisle Companies, 50% have issued a Strong Buy rating, 50% 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. Johnson Controls International (NYSE:JCI)

Johnson Controls International (NYSE:JCI) has an annual dividend yield of 2.3%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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.

2. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.64%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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 28% indicates that its dividend yield is sustainable for the long-term.

3. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) has an annual dividend yield of 1.58%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. Apogee Enterprises's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Apogee Enterprises's dividend has shown consistent growth over the last 10 years.

Apogee Enterprises's dividend payout ratio of 20.1% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.81% in the last day, and up 2.89% over the last week. Carrier Global was the among the top gainers in the building products & equipment industry, gaining 9.2% yesterday.

Carrier Global shares are trading higher, rebounding from earlier weakness following Q1 earnings.

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. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Quanex Building Products has a valuation score of 71, which is 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 72% in the past year. It has overperformed other stocks in the building product & equipment industry by 9 percentage points.

2. Interface (NASDAQ:TILE)

Interface (NASDAQ:TILE) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Interface has a valuation score of 71, which is 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 102.78% in the past year. It has overperformed other stocks in the building product & equipment industry by 40 percentage points.

3. Masonite International (NYSE:DOOR)

Masonite International (NYSE:DOOR) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Masonite International has a valuation score of 71, which is 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 46.71% in the past year. It has underperformed other stocks in the building product & equipment industry by -17 percentage points.

Are building product & equipment stocks a good buy now?

45.83% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 5.51% 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 28.31x.

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.