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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	$1.36B	$61.64	7.16%	$195.32M	12.90x	0.96
OC	OWENS CORNING	NYSE	Building Products & Equipment	$14.58B	$167.62	1.93%	$2.28B	12.63x	1.17
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.15B	$34.75	3.15%	$152.92M	13.16x	0.47
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$18.11B	$379.33	2.44%	$1.26B	24.71x	1.34
AAON	AAON INC	NASDAQ	Building Products & Equipment	$7.22B	$88.56	2.11%	$274.79M	40.44x	0.28
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.24B	$73.46	2.01%	$179.37M	20.35x	0.37
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$16.96B	$476.66	3.78%	$875.20M	28.70x	8.81
LPX	LOUISIANA-PACIFIC CORP	NYSE	Building Products & Equipment	$5.34B	$73.89	0.90%	$385.00M	29.91x	0.57
GMS	GMS INC	NYSE	Building Products & Equipment	$3.69B	$92.76	2.17%	$592.69M	12.76x	1.31
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$44.41B	$65.17	0.82%	$2.96B	21.16x	1.56
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$5.10B	$116.50	1.57%	$422.80M	23.30x	1.83
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$939.95M	$16.15	6.95%	$141.39M	20.97x	1.89
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$22.83B	$187.24	5.07%	$2.73B	15.53x	1.22
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$67.01B	$295.09	1.35%	$3.10B	33.34x	1.77
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.79B	$90.17	2.68%	$326.39M	47.71x	0.30
MAS	MASCO CORP	NYSE	Building Products & Equipment	$16.05B	$73.01	1.37%	$1.44B	18.12x	-41.64
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$12.44B	$160.28	2.40%	$892.25M	25.16x	1.80
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.22B	$15.13	1.27%	$288.20M	16.45x	1.60
DOOR	MASONITE INTERNATIONAL CORP	NYSE	Building Products & Equipment	$2.88B	$131.28	0.02%	$334.11M	24.45x	2.15
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$69.00M	$6.02	1.18%	$7.09M	17.20x	0.12
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.62B	$18.95	3.50%	$338.23M	25.96x	2.50
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$1.27B	$16.63	9.55%	-$28.84M	-25.20x	0.44
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$56.44M	$7.00	2.19%	$15.14M	10.77x	1.65
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$6.76B	$46.36	3.02%	$337.96M	58.68x	0.68
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$49.54B	$55.14	2.83%	$2.75B	34.25x	2.75
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.41B	$74.64	2.39%	$837.30M	23.40x	1.86
MTEN	MINGTENG INTERNATIONAL CORP INC	NASDAQ	Building Products & Equipment	N/A	$3.75	5.63%	$2.44M	11.03x	0.60
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$4.09M	$1.95	2.09%	$1.38M	13.64x	0.12
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.05B	$10.93	3.11%	-$16.20M	-45.54x	1.77
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$368.08M	$3.19	4.59%	$69.28M	-159.50x	1.09
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$223.42M	$6.47	5.37%	-$57.44M	-2.07x	0.83
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$8.69M	$0.48	2.34%	-$3.72M	-1.92x	0.16
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$186.85M	$10.50	0.57%	$3.00M	210.00x	-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 55, which is 18 points higher than the building product & equipment industry average of 37. It passed 19 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 42.75% 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 71.44% over the past year, overperforming other building product & equipment stocks by 11 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 9.35% from Quanex Building Products's current stock price of $34.75.

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. Owens Corning (NYSE:OC)

Owens Corning (NYSE:OC) is the third 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. Owens Corning has seen its stock return 65.26% over the past year, overperforming other building product & equipment stocks by 5 percentage points.

Owens Corning has an average 1 year price target of $165.11, a downside of -1.5% from Owens Corning's current stock price of $167.62.

Owens Corning stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Owens Corning, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% 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 2.27%, which is 1 percentage points higher than the building product & equipment industry average of 1.07%. 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. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) has an annual dividend yield of 1.57%, which is 1 percentage points higher than the building product & equipment industry average of 1.07%. 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.

3. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.57%, which is the same as the building product & equipment industry average of 1.07%. 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 28.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 2.6% in the last day, and up 1.56% over the last week. Builders Firstsource was the among the top gainers in the building products & equipment industry, gaining 5.07% yesterday.

Builders FirstSource shares are trading higher. Building products companies may be higher following better-than-expected new home sales data.

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 71.44% in the past year. It has overperformed other stocks in the building product & equipment industry by 11 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 105.73% in the past year. It has overperformed other stocks in the building product & equipment industry by 45 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 43.71% 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 4.45% 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 27.08x.

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.