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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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
APOG	APOGEE ENTERPRISES INC	United States	$1.41B	22,128,308	90.10%	9.90%	Net Buying	Net Buying
CSL	CARLISLE COMPANIES INC	United States	$18.97B	47,601,842	89.13%	7.03%	Net Selling	Net Selling
NX	QUANEX BUILDING PRODUCTS CORP	United States	$1.15B	33,103,593	94.26%	5.74%	Net Selling	Net Buying
AAON	AAON INC	United States	$6.45B	82,209,281	70.23%	21.38%	Net Selling	Net Selling
LII	LENNOX INTERNATIONAL INC	United States	$16.34B	35,624,454	37.84%	62.16%	Net Selling	Net Selling
GMS	GMS INC	United States	$3.80B	39,833,628	76.86%	23.14%	Net Selling	Net Selling
TT	TRANE TECHNOLOGIES PLC	Ireland	$72.27B	226,352,436	83.19%	6.71%	Net Selling	Net Selling
LPX	LOUISIANA-PACIFIC CORP	United States	$5.37B	72,251,623	89.52%	4.63%	Net Selling	Net Selling
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	United States	$70.95M	8,016,781	28.58%	32.30%	Net Selling
BLDR	BUILDERS FIRSTSOURCE INC	United States	$23.88B	121,940,068	23.14%	76.86%	Net Selling	Net Selling
ROCK	GIBRALTAR INDUSTRIES INC	United States	$2.18B	30,469,729	61.82%	38.18%	Net Selling	Net Selling
OC	OWENS CORNING	United States	$15.15B	86,656,546	60.02%	39.98%	Net Selling	Net Selling
WMS	ADVANCED DRAINAGE SYSTEMS INC	United States	$12.80B	77,616,828	64.57%	35.43%	Net Selling	Net Selling
AWI	ARMSTRONG WORLD INDUSTRIES INC	United States	$5.06B	43,758,250	49.51%	50.49%	Net Selling	Net Selling
TREX	TREX CO INC	United States	$9.99B	108,623,606	95.86%	3.63%	Net Buying	Net Buying
TILE	INTERFACE INC	United States	$1.01B	58,200,963	87.42%	12.58%	Net Selling	Net Selling
MAS	MASCO CORP	United States	$15.32B	220,244,380	93.61%	2.11%	Net Selling	Net Selling
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	Ireland	$42.02B	673,675,568	90.13%	0.39%	Net Selling	Net Selling
JBI	JANUS INTERNATIONAL GROUP INC	United States	$2.02B	146,871,908	88.76%	10.60%	Net Selling	Net Selling
DOOR	MASONITE INTERNATIONAL CORP	United States	$2.91B	21,932,452	74.32%	25.68%	Net Selling	Net Selling
APT	ALPHA PRO TECH LTD	Canada	$69.80M	11,462,034	22.10%	53.48%	Net Buying	Net Buying
ASPN	ASPEN AEROGELS INC	United States	$1.91B	76,161,210	74.84%	25.16%	Net Buying	Net Selling
JELD	JELD-WEN HOLDING INC	United States	$1.72B	85,573,598	82.19%	17.81%	Net Selling	Net Selling
AZEK	AZEK CO INC	United States	$6.78B	145,826,079	95.36%	4.64%	Net Selling	Net Selling
FBIN	FORTUNE BRANDS INNOVATIONS INC	United States	$9.15B	125,078,708	88.29%	2.14%	Net Selling	Net Selling
MTEN	MINGTENG INTERNATIONAL CORP INC	China	N/A	6,200,000	0.00%	0.00%
CARR	CARRIER GLOBAL CORP	United States	$55.94B	901,012,491	84.32%	6.67%	Net Selling	Net Selling
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	Colombia	$3.92M	2,095,182	0.00%	0.00%
ARLO	ARLO TECHNOLOGIES INC	United States	$1.25B	96,171,157	83.11%	5.80%	Net Selling	Net Selling
SWIM	LATHAM GROUP INC	United States	$324.24M	115,386,472	10.71%	89.29%	Net Selling	Net Selling
CSTE	CAESARSTONE LTD	Israel	$220.66M	34,532,452	33.70%	0.00%
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	Hong Kong	$10.31M	18,060,000	0.14%	0.00%
AIRJ	MONTANA TECHNOLOGIES CORP	United States	$203.76M	17,795,678	13.66%	86.34%	Net Buying	Net Buying

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.