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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

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
CSL	CARLISLE COMPANIES INC	$18.97B	0.83%	18.90%	$0.8500	$3.30	15%	0	2024-05-17	2024-06-03
APOG	APOGEE ENTERPRISES INC	$1.41B	1.53%	21.30%	$0.2500	$0.97	30%	0	2024-05-20	2024-06-05
AAON	AAON INC	$6.45B	0.41%	14.50%	$0.0800	$0.32	6%	1
NX	QUANEX BUILDING PRODUCTS CORP	$1.15B	0.92%	12.10%	$0.0800	$0.32	17%	0
LII	LENNOX INTERNATIONAL INC	$16.34B	0.96%	25.40%	$1.1000	$4.40	17%	0
GMS	GMS INC	$3.80B	N/A	0.00%	N/A	N/A	N/A	N/A
LPX	LOUISIANA-PACIFIC CORP	$5.37B	1.32%	38.90%	$0.2600	$0.98	26%	0
TT	TRANE TECHNOLOGIES PLC	$72.27B	0.97%	32.70%	$0.8400	$3.09	18%	0	2024-06-07	2024-06-28
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$70.95M	N/A	0.00%	N/A	N/A	N/A	N/A
BLDR	BUILDERS FIRSTSOURCE INC	$23.88B	N/A	0.00%	N/A	N/A	N/A	N/A
ROCK	GIBRALTAR INDUSTRIES INC	$2.18B	N/A	0.00%	N/A	N/A	N/A	N/A
OC	OWENS CORNING	$15.15B	1.28%	17.90%	$0.6000	$2.24	25%	0
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.80B	0.34%	8.50%	$0.1400	$0.56	5%	1
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.06B	0.70%	20.00%	$0.2800	$0.81	12%	0	2024-05-08	2024-05-23
TREX	TREX CO INC	$9.99B	N/A	0.00%	N/A	N/A	N/A	N/A
TILE	INTERFACE INC	$1.01B	0.23%	5.20%	$0.0100	$0.04	3%	1
MAS	MASCO CORP	$15.32B	1.65%	28.00%	$0.2900	$1.15	33%	0
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$42.02B	2.37%	59.70%	$0.3700	$1.48	46%	1
JBI	JANUS INTERNATIONAL GROUP INC	$2.02B	N/A	0.00%	N/A	N/A	N/A	N/A
DOOR	MASONITE INTERNATIONAL CORP	$2.91B	N/A	0.00%	N/A	N/A	N/A	N/A
APT	ALPHA PRO TECH LTD	$69.80M	N/A	0.00%	N/A	N/A	N/A	N/A
ASPN	ASPEN AEROGELS INC	$1.91B	N/A	0.00%	N/A	N/A	N/A	N/A
JELD	JELD-WEN HOLDING INC	$1.72B	N/A	0.00%	N/A	N/A	N/A	N/A
AZEK	AZEK CO INC	$6.78B	N/A	0.00%	N/A	N/A	N/A	N/A
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.15B	1.27%	28.20%	$0.2400	$0.93	25%	1
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
CARR	CARRIER GLOBAL CORP	$55.94B	N/A	37.80%	$0.1500	N/A	N/A	0
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$3.92M	N/A	0.00%	$3.1200	N/A	N/A	0
ARLO	ARLO TECHNOLOGIES INC	$1.25B	N/A	0.00%	N/A	N/A	N/A	N/A
SWIM	LATHAM GROUP INC	$324.24M	N/A	0.00%	N/A	N/A	N/A	N/A
CSTE	CAESARSTONE LTD	$220.66M	N/A	0.00%	$0.2500	N/A	N/A	3
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$10.31M	N/A	0.00%	N/A	N/A	N/A	N/A
AIRJ	MONTANA TECHNOLOGIES CORP	$203.76M	N/A	0.00%	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.