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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	$6.48B	$90.42	0.84%	$517.00M	24.70x	0.54
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$19.88B	$417.63	0.62%	$1.35B	23.96x	1.32
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.12B	$33.93	-0.79%	$152.92M	12.85x	0.47
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.47B	$66.54	1.16%	$189.23M	14.62x	0.88
OC	OWENS CORNING	NYSE	Building Products & Equipment	$15.28B	$176.38	1.53%	$2.16B	14.12x	1.15
GMS	GMS INC	NYSE	Building Products & Equipment	$3.74B	$93.91	0.66%	$592.69M	12.92x	1.31
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$17.45B	$489.86	-0.26%	$906.20M	28.25x	7.10
AAON	AAON INC	NASDAQ	Building Products & Equipment	$6.16B	$74.88	0.03%	$280.66M	33.88x	0.21
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$4.98B	$113.87	-0.36%	$442.80M	21.32x	1.70
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$446.11M	$3.86	0.26%	$74.44M	128.67x	1.06
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.24B	$73.52	-1.02%	$182.19M	19.55x	0.40
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$70.23M	$8.76	-1.13%	$13.25M	6.69x	1.51
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$74.39B	$328.64	1.21%	$3.28B	34.81x	1.80
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$13.48B	$174.13	0.98%	$912.68M	26.71x	1.72
MAS	MASCO CORP	NYSE	Building Products & Equipment	$15.45B	$70.16	-0.26%	$1.44B	17.15x	-69.05
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$20.39B	$167.05	1.00%	$2.64B	14.16x	1.25
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.05B	$14.04	-0.57%	$293.66M	14.78x	1.52
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$46.50B	$69.02	1.10%	$2.42B	27.83x	1.70
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$56.22M	$4.81	-2.63%	$7.29M	13.36x	0.18
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$2.03B	$26.69	1.18%	-$8.69M	-60.66x	0.42
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.53B	$87.65	-1.13%	$390.70M	37.62x	0.61
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.13B	$73.00	-0.18%	$870.80M	22.12x	1.98
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$905.09M	$15.54	-0.96%	$158.47M	15.24x	1.79
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$6.80B	$46.63	-0.41%	$337.96M	59.03x	0.68
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$58.77B	$65.23	0.35%	$2.86B	44.37x	2.50
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$4.61M	$1.40	0.21%	-$1.79M	-1.57x	0.20
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.16B	$11.91	-3.17%	-$12.24M	-66.17x	1.90
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.34B	$15.61	1.30%	$291.29M	67.87x	2.62
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$220.32M	$6.38	0.47%	-$60.60M	-2.02x	0.78
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$8.85M	$0.49	4.03%	-$2.72M	-2.58x	0.12
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$236.50M	$13.29	4.81%	$3.00M	265.80x	-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 44.35% over the past year, underperforming other building product & equipment stocks by -17 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -6.49% from Louisiana Pacific's current stock price of $90.42.

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 98.58% over the past year, overperforming other building product & equipment stocks by 37 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 7.15% from Carlisle Companies's current stock price of $417.63.

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 65.35% over the past year, overperforming other building product & equipment stocks by 4 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12% from Quanex Building Products's current stock price of $33.93.

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 2.14%, which is 1 percentage points higher than the building product & equipment industry average of 0.99%. 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 0.99%. 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. Fortune Brands Innovations (NYSE:FBIN)

Fortune Brands Innovations (NYSE:FBIN) has an annual dividend yield of 1.27%, which is the same as the building product & equipment industry average of 0.99%. Fortune Brands Innovations's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Fortune Brands Innovations's dividend has shown consistent growth over the last 10 years.

Fortune Brands Innovations's dividend payout ratio of 28.2% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.42% in the last day, and down -0.38% over the last week.

We couldn't find a catalyst for why building product & equipment stocks are up.

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 -15.93% in the past year. It has underperformed other stocks in the building product & equipment industry by -77 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 65.35% in the past year. It has overperformed other stocks in the building product & equipment industry by 4 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 12.7% in the past year. It has underperformed other stocks in the building product & equipment industry by -49 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 5.52% 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 29.88x.

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.