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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...

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
CSL	CARLISLE COMPANIES INC	$18.97B	$398.47	$447.50	12.30%	Strong Buy	4	2.13%	29.23%	N/A	N/A
APOG	APOGEE ENTERPRISES INC	$1.41B	$63.54	N/A	N/A	N/A	N/A	6.21%	-10.68%	N/A	N/A
AAON	AAON INC	$6.45B	$78.40	N/A	N/A	N/A	N/A	9.31%	N/A	N/A	N/A
NX	QUANEX BUILDING PRODUCTS CORP	$1.15B	$34.78	$38.00	9.26%	Strong Buy	1	-0.63%	N/A	N/A	N/A
LII	LENNOX INTERNATIONAL INC	$16.34B	$458.73	$508.58	10.87%	Buy	12	5.72%	10.49%	N/A	N/A
GMS	GMS INC	$3.80B	$95.32	$93.50	-1.91%	Buy	6	6.15%	3.25%	21.76%	9.44%
LPX	LOUISIANA-PACIFIC CORP	$5.37B	$74.30	$77.29	4.02%	Buy	7	4.83%	130.56%	N/A	N/A
TT	TRANE TECHNOLOGIES PLC	$72.27B	$319.29	$313.91	-1.69%	Hold	11	6.25%	-8.06%	N/A	N/A
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$70.95M	$8.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BLDR	BUILDERS FIRSTSOURCE INC	$23.88B	$195.81	$205.70	5.05%	Buy	10	5.28%	0.08%	N/A	N/A
ROCK	GIBRALTAR INDUSTRIES INC	$2.18B	$71.69	N/A	N/A	N/A	N/A	4.00%	N/A	17.73%	12.63%
OC	OWENS CORNING	$15.15B	$174.81	$172.60	-1.26%	Buy	10	1.29%	12.01%	N/A	N/A
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.80B	$164.89	$175.75	6.59%	Strong Buy	4	6.65%	19.33%	N/A	N/A
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.06B	$115.61	$126.00	8.99%	Buy	4	5.52%	13.18%	N/A	N/A
TREX	TREX CO INC	$9.99B	$92.01	$102.56	11.46%	Buy	9	12.94%	11.11%	N/A	N/A
TILE	INTERFACE INC	$1.01B	$17.39	$18.00	3.51%	Buy	2	0.63%	98.70%	N/A	N/A
MAS	MASCO CORP	$15.32B	$69.56	$75.22	8.14%	Buy	9	2.39%	18.78%	N/A	N/A
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$42.02B	$62.38	$61.67	-1.14%	Hold	9	3.83%	51.87%	N/A	N/A
JBI	JANUS INTERNATIONAL GROUP INC	$2.02B	$13.78	$20.50	48.77%	Strong Buy	2	4.12%	-5.43%	N/A	N/A
DOOR	MASONITE INTERNATIONAL CORP	$2.91B	$132.70	$115.00	-13.34%	Buy	9	6.06%	158.29%	N/A	N/A
APT	ALPHA PRO TECH LTD	$69.80M	$6.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ASPN	ASPEN AEROGELS INC	$1.91B	$25.11	$28.00	11.51%	Strong Buy	5	40.23%	N/A	N/A	N/A
JELD	JELD-WEN HOLDING INC	$1.72B	$20.06	$19.00	-5.28%	Hold	8	-0.19%	N/A	N/A	N/A
AZEK	AZEK CO INC	$6.78B	$46.52	$51.82	11.39%	Strong Buy	11	1.97%	N/A	N/A	N/A
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.15B	$73.15	$85.40	16.75%	Buy	5	4.52%	N/A	N/A	N/A
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	$4.61	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CARR	CARRIER GLOBAL CORP	$55.94B	$62.09	$66.57	7.22%	Buy	7	8.07%	64.75%	N/A	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$3.92M	$1.87	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ARLO	ARLO TECHNOLOGIES INC	$1.25B	$12.96	$17.00	31.17%	Buy	1	8.01%	N/A	N/A	N/A
SWIM	LATHAM GROUP INC	$324.24M	$2.81	$3.03	7.94%	Hold	3	-10.44%	N/A	N/A	N/A
CSTE	CAESARSTONE LTD	$220.66M	$6.39	$5.00	-21.75%	Hold	1	-8.52%	N/A	N/A	N/A
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$10.31M	$0.57	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AIRJ	MONTANA TECHNOLOGIES CORP	$203.76M	$11.45	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Building Product & Equipment Stocks FAQ

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

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

1. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the top building product & equipment stock with a Zen Score of 54, which is 17 points higher than the building product & equipment industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 86.97% over the past year, overperforming other building product & equipment stocks by 27 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 12.3% from Carlisle Companies's current stock price of $398.47.

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.

2. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the second best building product & equipment stock with a Zen Score of 54, which is 17 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 54.75% over the past year, underperforming other building product & equipment stocks by -6 percentage points.

3. Aaon (NASDAQ:AAON)

Aaon (NASDAQ:AAON) 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 20 out of 38 due diligence checks and has strong fundamentals. Aaon has seen its stock return 20.55% over the past year, underperforming other building product & equipment stocks by -40 percentage points.

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 2.37%, which is 1 percentage points higher than the building product & equipment industry average of 1.06%. 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 59.7% indicates that its dividend yield is sustainable for the long-term.

2. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.65%, which is 1 percentage points higher than the building product & equipment industry average of 1.06%. 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 1.53%, which is the same as the building product & equipment industry average of 1.06%. 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 21.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.75% in the last day, and up 0.46% over the last week. Interface was the among the top gainers in the building products & equipment industry, gaining 9.65% yesterday.

Interface shares are trading higher after the company reported better-than-expected Q1 financial results, issued Q2 net sales guidance above estimates and raised FY24 net sales guidance above estimates.

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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 77.72% in the past year. It has overperformed other stocks in the building product & equipment industry by 17 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 127.32% in the past year. It has overperformed other stocks in the building product & equipment industry by 67 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 47.44% in the past year. It has underperformed other stocks in the building product & equipment industry by -13 percentage points.

Are building product & equipment stocks a good buy now?

54.17% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 5.95% 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 28.7x.

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.