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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	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
LPX	LOUISIANA-PACIFIC CORP	$90.42	750,631	-24.85%	85.89	79.95	79.20	74.33	66.93	70.99	91.83	94.79	87.98	93.03	3.85	2.27	1.58	1.49
CSL	CARLISLE COMPANIES INC	$417.63	283,415	2.50%	414.14	400.64	387.65	357.14	314.06	65.47	79.92	85.75	76.22	84.76	10.47	9.21	1.26	1.00
NX	QUANEX BUILDING PRODUCTS CORP	$33.93	88,190	-50.07%	34.63	34.25	35.66	33.91	31.24	42.37	48.97	56.69	61.75	74.26	-0.27	-0.31	0.05	1.20
APOG	APOGEE ENTERPRISES INC	$66.54	103,437	-3.49%	66.00	63.93	60.39	57.35	52.35	65.73	77.52	82.31	47.65	58.20	2.01	1.91	0.10	1.41
OC	OWENS CORNING	$176.38	610,774	8.31%	176.41	172.54	167.48	158.49	146.56	58.04	67.25	76.50	40.48	57.88	3.18	3.18	0.00	1.28
GMS	GMS INC	$93.91	235,977	1.08%	94.56	93.81	94.62	89.82	78.33	49.25	51.18	61.94	38.89	50.30	0.14	0.12	0.02	1.48
LII	LENNOX INTERNATIONAL INC	$489.86	241,552	3.51%	487.19	476.93	475.91	461.25	423.60	56.48	80.87	86.81	76.60	83.94	6.46	3.85	2.60	0.87
AAON	AAON INC	$74.88	648,070	-5.66%	76.31	83.04	84.70	80.52	70.89	32.54	5.01	5.82	5.99	6.18	-3.31	-2.28	-1.02	0.88
AWI	ARMSTRONG WORLD INDUSTRIES INC	$113.87	410,193	9.05%	116.36	116.11	118.89	112.28	95.44	39.75	23.88	37.42	26.99	51.21	-0.61	-0.54	-0.06	1.05
SWIM	LATHAM GROUP INC	$3.86	127,019	-25.04%	3.65	3.28	3.38	3.02	2.94	62.87	87.03	88.79	93.98	94.79	0.17	0.07	0.10	1.97
ROCK	GIBRALTAR INDUSTRIES INC	$73.52	125,212	31.56%	74.01	72.84	75.16	77.70	73.40	48.43	74.82	82.01	82.66	91.20	-0.10	-0.51	0.41	0.99
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.76	4,058	-3.52%	9.04	8.48	8.06	8.09	7.88	56.88	60.90	72.78	10.35	36.79	0.32	0.32	-0.00	0.17
TT	TRANE TECHNOLOGIES PLC	$328.64	908,432	-23.65%	328.65	317.12	304.23	283.31	247.30	63.87	77.77	82.58	34.00	48.34	8.62	8.36	0.26	0.92
WMS	ADVANCED DRAINAGE SYSTEMS INC	$174.13	687,755	-42.44%	171.77	166.20	165.86	155.48	138.17	62.05	72.51	82.89	83.17	89.54	2.99	1.94	1.05	1.36
MAS	MASCO CORP	$70.16	950,066	-39.30%	71.05	70.53	73.49	71.97	64.56	42.86	60.91	66.60	74.14	77.83	-0.62	-0.84	0.22	1.01
BLDR	BUILDERS FIRSTSOURCE INC	$167.05	2,026,058	-7.12%	170.46	178.45	189.88	184.01	158.52	39.78	21.54	23.45	23.85	24.21	-6.40	-5.46	-0.94	1.58
JBI	JANUS INTERNATIONAL GROUP INC	$14.04	1,072,988	-25.37%	13.85	14.18	14.51	14.42	12.57	47.12	59.48	55.92	78.70	71.14	-0.17	-0.21	0.03	0.53
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$69.02	5,000,221	-13.40%	66.28	65.04	64.47	60.56	57.57	70.45	93.66	94.49	100.00	100.00	1.11	0.61	0.51	0.95
APT	ALPHA PRO TECH LTD	$4.81	57,018	-14.38%	5.29	5.66	5.99	5.63	5.03	29.72	13.54	14.68	19.55	18.38	-0.32	-0.21	-0.11	-0.56
ASPN	ASPEN AEROGELS INC	$26.69	867,563	-13.81%	26.45	22.06	18.58	16.48	12.50	72.52	88.43	87.43	73.40	74.51	2.76	2.47	0.29	1.58
TREX	TREX CO INC	$87.65	612,978	-33.00%	90.17	89.94	92.93	89.56	78.11	43.28	50.37	51.11	43.00	40.93	-0.86	-0.77	-0.09	1.45
FBIN	FORTUNE BRANDS INNOVATIONS INC	$73.00	578,113	-18.45%	73.99	73.62	77.47	78.04	71.91	42.65	63.78	69.79	73.67	79.90	-0.88	-1.14	0.27	1.29
TILE	INTERFACE INC	$15.54	293,872	9.49%	16.01	15.88	16.00	14.52	12.27	46.28	19.63	25.45	13.83	22.86	0.03	0.08	-0.04	1.42
AZEK	AZEK CO INC	$46.63	817,634	-42.96%	46.18	46.01	47.40	44.49	37.84	50.90	79.17	73.91	73.60	65.90	-0.12	-0.32	0.20	1.61
CARR	CARRIER GLOBAL CORP	$65.23	2,380,580	-41.96%	64.87	62.04	59.00	57.40	55.59	66.74	84.30	85.72	45.82	54.79	2.19	2.00	0.19	0.99
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$1.40	114,649	102.94%	1.67	1.80	1.70	1.76	2.59	34.38	18.83	22.71	0.27	0.09	-0.08	-0.01	-0.07	0.67
ARLO	ARLO TECHNOLOGIES INC	$11.91	1,111,725	-12.07%	12.59	12.20	11.95	10.62	10.13	48.59	34.82	29.66	21.02	15.38	0.14	0.26	-0.12	1.51
JELD	JELD-WEN HOLDING INC	$15.61	1,005,010	-35.94%	15.25	17.60	18.85	18.66	16.66	38.26	24.57	21.74	34.85	28.64	-1.22	-1.01	-0.21	1.75
CSTE	CAESARSTONE LTD	$6.38	87,793	-5.00%	6.30	6.30	5.26	4.67	4.45	58.90	72.05	71.55	46.16	45.74	0.28	0.34	-0.06	0.77
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.49	138,807	267.71%	0.49	0.54	0.50	0.55	0.72	47.14	17.83	19.78	19.40	17.44	-0.01	-0.00	-0.01	-0.06
AIRJ	MONTANA TECHNOLOGIES CORP	$13.29	42,262	230.02%	12.51	11.77	12.14	11.46	11.04	62.99	63.49	58.94	84.33	75.88	0.45	0.28	0.16	-0.06

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.