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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
LPX	LOUISIANA-PACIFIC CORP	NYSE	Building Products & Equipment	$6.43B	$89.67	-2.57%	$517.00M	24.50x	0.54
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$19.76B	$415.05	-1.50%	$1.35B	23.81x	1.32
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.13B	$34.20	-1.36%	$152.92M	12.95x	0.47
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.46B	$65.78	-1.91%	$189.23M	14.46x	0.88
OC	OWENS CORNING	NYSE	Building Products & Equipment	$15.05B	$173.72	-3.20%	$2.16B	13.91x	1.15
GMS	GMS INC	NYSE	Building Products & Equipment	$3.72B	$93.29	-3.17%	$592.69M	12.83x	1.31
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$17.50B	$491.16	-2.42%	$906.20M	28.33x	7.10
AAON	AAON INC	NASDAQ	Building Products & Equipment	$6.15B	$74.86	-1.27%	$280.66M	33.87x	0.21
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$5.00B	$114.28	-2.37%	$442.80M	21.40x	1.70
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$444.96M	$3.85	-2.78%	$74.44M	128.33x	1.06
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.26B	$74.28	-1.35%	$182.19M	19.76x	0.40
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$71.03M	$8.86	-1.12%	$13.25M	6.76x	1.51
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$73.50B	$324.72	-2.28%	$3.28B	34.40x	1.80
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$13.38B	$172.44	-2.12%	$892.25M	27.07x	1.80
MAS	MASCO CORP	NYSE	Building Products & Equipment	$15.49B	$70.34	-2.58%	$1.44B	17.20x	-69.05
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$20.19B	$165.39	-3.81%	$2.64B	14.02x	1.25
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.06B	$14.12	-1.60%	$293.66M	14.86x	1.52
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$45.99B	$68.27	0.13%	$2.42B	27.53x	1.70
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$57.74M	$4.94	-1.59%	$7.29M	13.72x	0.18
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$2.01B	$26.38	0.88%	-$8.69M	-59.95x	0.42
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.64B	$88.65	-3.46%	$390.70M	38.05x	0.61
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.15B	$73.13	-2.75%	$870.80M	22.16x	1.98
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$913.83M	$15.69	-2.24%	$158.47M	15.38x	1.79
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$6.83B	$46.82	-3.04%	$337.96M	59.27x	0.68
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$58.57B	$65.00	-1.22%	$2.86B	44.22x	2.50
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$4.60M	$1.40	0.00%	-$1.79M	-1.57x	0.20
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.20B	$12.30	2.24%	-$12.24M	-68.33x	1.90
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.33B	$15.41	-1.15%	$291.29M	67.00x	2.62
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$219.28M	$6.35	-1.24%	-$60.60M	-2.01x	0.78
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$8.51M	$0.47	-3.29%	-$2.72M	-2.48x	0.12
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$225.65M	$12.68	1.44%	$3.00M	253.60x	-1.04

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. Louisiana Pacific (NYSE:LPX)

Louisiana Pacific (NYSE:LPX) is the top building product & equipment stock with a Zen Score of 56, which is 19 points higher than the building product & equipment industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Louisiana Pacific has seen its stock return 42.65% over the past year, underperforming other building product & equipment stocks by -21 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -5.7% from Louisiana Pacific's current stock price of $89.67.

Louisiana Pacific stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Louisiana Pacific, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) 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 20 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 101.73% over the past year, overperforming other building product & equipment stocks by 38 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 7.82% from Carlisle Companies's current stock price of $415.05.

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.

3. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) 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. Quanex Building Products has seen its stock return 70.49% over the past year, overperforming other building product & equipment stocks by 7 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 11.11% from Quanex Building Products's current stock price of $34.20.

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.

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 2.17%, which is 1 percentage points higher than the building product & equipment industry average of 0.98%. 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 1.63%, which is 1 percentage points higher than the building product & equipment industry average of 0.98%. 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. Owens Corning (NYSE:OC)

Owens Corning (NYSE:OC) has an annual dividend yield of 1.29%, which is the same as the building product & equipment industry average of 0.98%. Owens Corning's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Owens Corning's dividend has shown consistent growth over the last 10 years.

Owens Corning's dividend payout ratio of 17.9% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -2.21% in the last day, and down -0.98% over the last week. Advanced Drainage Systems was the among the top losers in the building products & equipment industry, dropping -2.12% yesterday.

Advanced Drainage Systems shares are trading lower following Q4 financial results.

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. Perma Pipe International Holdings (NASDAQ:PPIH)

Perma Pipe International Holdings (NASDAQ:PPIH) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 37 points higher than the building product & equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has dropped -16.26% in the past year. It has underperformed other stocks in the building product & equipment industry by -80 percentage points.

2. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Quanex Building Products has a valuation score of 71, which is 37 points higher than the building product & equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 70.49% in the past year. It has overperformed other stocks in the building product & equipment industry by 7 percentage points.

3. Latham Group (NASDAQ:SWIM)

Latham Group (NASDAQ:SWIM) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Latham Group has a valuation score of 71, which is 37 points higher than the building product & equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Latham Group's stock has gained 17.38% in the past year. It has underperformed other stocks in the building product & equipment industry by -46 percentage points.

Are building product & equipment stocks a good buy now?

47.83% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 5.31% 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 29.71x.

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.