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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...
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
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52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
LPX
LOUISIANA-PACIFIC CORP
$90.420.84%3.63%24.29%32.35%48.28%44.35%39.95%276.59%527.05%$92.37$49.472.11%82.78%1.49750,631-24.85%
CSL
CARLISLE COMPANIES INC
$417.630.62%0.24%13.23%20.38%52.83%98.58%116.68%205.04%399.86%$426.67$207.912.12%100.87%1.00283,4152.50%
NX
QUANEX BUILDING PRODUCTS CORP
$33.93-0.79%-2.36%-1.65%3.67%10.74%65.35%26.32%112.20%84.90%$39.31$20.5613.68%65.02%1.2088,190-50.07%
APOG
APOGEE ENTERPRISES INC
$66.541.16%-0.51%18.99%22.54%42.85%71.58%72.16%67.40%120.15%$67.92$36.622.03%81.70%1.41103,437-3.49%
OC
OWENS CORNING
$176.381.53%-0.24%8.28%24.60%34.26%61.68%65.94%263.82%327.59%$181.50$105.562.82%67.09%1.28610,7748.31%
GMS
GMS INC
$93.910.66%-0.45%3.04%6.73%43.53%48.22%103.71%404.08%N/A$101.04$56.587.05%65.98%1.48235,9771.08%
LII
LENNOX INTERNATIONAL INC
$489.86-0.26%-0.94%6.99%9.13%20.77%70.88%40.63%77.14%482.54%$506.41$271.513.27%80.42%0.87241,5523.51%
AAON
AAON INC
$74.880.03%-3.12%-13.23%-8.40%19.27%22.78%65.49%144.65%452.86%$96.34$52.2422.28%43.34%0.88648,070-5.66%
AWI
ARMSTRONG WORLD INDUSTRIES INC
$113.87-0.36%-3.17%-0.71%-3.05%37.08%77.09%6.91%29.47%117.35%$125.56$62.039.31%83.57%1.05410,1939.05%
SWIM
LATHAM GROUP INC
$3.860.26%4.32%21.38%46.21%48.46%12.70%-88.20%N/AN/A$4.77$2.0419.08%89.68%1.97127,019-25.04%
ROCK
GIBRALTAR INDUSTRIES INC
$73.52-1.02%-1.05%2.83%-13.70%7.02%31.40%-6.30%97.90%366.35%$87.40$51.3615.88%43.15%0.99125,21231.56%
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$8.76-1.13%-1.79%18.38%10.61%37.95%-15.93%34.46%-2.34%-10.43%$10.78$6.1718.74%41.98%0.174,058-3.52%
TT
TRANE TECHNOLOGIES PLC
$328.641.21%-1.01%12.13%19.00%43.75%87.81%79.06%172.01%465.45%$335.28$162.041.98%102.81%0.92908,432-23.65%
WMS
ADVANCED DRAINAGE SYSTEMS INC
$174.130.98%0.98%10.97%8.37%45.65%96.38%54.70%544.45%N/A$184.27$93.165.50%86.91%1.36687,755-42.44%
MAS
MASCO CORP
$70.16-0.26%-2.97%-3.04%-5.15%16.72%32.75%9.95%86.84%231.26%$78.94$47.6611.12%47.21%1.01950,066-39.30%
BLDR
BUILDERS FIRSTSOURCE INC
$167.051.00%0.05%-6.84%-8.67%25.05%39.08%248.38%955.94%2,220.14%$214.70$105.2422.19%58.74%1.582,026,058-7.12%
JBI
JANUS INTERNATIONAL GROUP INC
$14.04-0.57%2.56%-5.84%-6.65%34.61%54.29%10.12%N/AN/A$15.86$8.6611.48%62.11%0.531,072,988-25.37%
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$69.021.10%5.23%8.37%21.88%32.12%11.38%4.72%77.20%47.83%$70.43$47.902.00%44.09%0.955,000,221-13.40%
APT
ALPHA PRO TECH LTD
$4.81-2.63%-6.24%-21.41%-9.59%4.11%24.61%-41.20%32.14%120.14%$6.92$3.6830.49%30.71%-0.5657,018-14.38%
ASPN
ASPEN AEROGELS INC
$26.691.18%-1.18%77.11%56.72%150.85%253.51%42.96%440.28%N/A$27.91$5.334.37%401.22%1.58867,563-13.81%
TREX
TREX CO INC
$87.65-1.13%0.31%-0.14%-3.34%29.74%53.48%-13.88%198.18%1,040.53%$101.91$51.0313.99%71.78%1.45612,978-33.00%
FBIN
FORTUNE BRANDS INNOVATIONS INC
$73.00-0.18%-3.08%-1.84%-7.97%8.57%11.54%-31.35%38.28%87.37%$84.92$54.1014.04%34.94%1.29578,113-18.45%
TILE
INTERFACE INC
$15.54-0.96%-4.19%4.44%16.93%52.95%126.20%3.39%-3.06%-12.79%$18.47$6.6515.86%133.68%1.42293,8729.49%
AZEK
AZEK CO INC
$46.63-0.41%1.15%2.17%4.60%49.84%88.18%7.67%N/AN/A$50.78$23.088.17%102.04%1.61817,634-42.96%
CARR
CARRIER GLOBAL CORP
$65.230.35%-0.41%20.24%22.08%22.57%52.05%47.68%N/AN/A$66.32$40.491.64%61.10%0.992,380,580-41.96%
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$1.400.21%-26.54%-23.33%-33.19%-26.54%-89.21%-94.58%-95.67%-99.57%$16.40$1.2291.45%15.00%0.67114,649102.94%
ARLO
ARLO TECHNOLOGIES INC
$11.91-3.17%4.11%13.11%36.43%34.58%28.62%89.95%189.08%N/A$14.27$7.7716.54%53.28%1.511,111,725-12.07%
JELD
JELD-WEN HOLDING INC
$15.611.30%7.21%-13.42%-14.23%-1.27%6.77%-45.34%-22.22%N/A$21.75$11.0228.23%41.65%1.751,005,010-35.94%
CSTE
CAESARSTONE LTD
$6.380.47%3.40%15.37%62.76%53.73%32.64%-59.59%-57.24%-87.29%$6.81$3.506.31%82.29%0.7787,793-5.00%
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$0.494.03%8.89%15.02%-42.56%-35.10%-57.76%N/AN/AN/A$1.35$0.3363.70%47.15%-0.06138,807267.71%
AIRJ
MONTANA TECHNOLOGIES CORP
$13.294.81%2.70%33.70%22.83%24.44%28.41%N/AN/AN/A$49.11$8.4072.94%58.21%-0.0642,262230.02%

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.
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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.