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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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
APOG	APOGEE ENTERPRISES INC	$62.26	N/A	N/A	13.03x	15.22x	0.97x	3.02x	N/A	$129.61M	9.54%	$455.73M	20.89	$1.49B	7.65
NX	QUANEX BUILDING PRODUCTS CORP	$33.70	$40.35	-16.49%	12.77x	N/A	1.00x	2.01x	0.46x	$108.57M	9.82%	$555.03M	16.91	$1.18B	7.73
CSL	CARLISLE COMPANIES INC	$375.30	$289.98	29.42%	24.45x	16.13x	4.08x	6.33x	0.64x	$1.06B	5.66%	$2.83B	56.69	$19.63B	15.59
OC	OWENS CORNING	$165.22	$111.08	48.74%	13.23x	11.81x	1.50x	2.74x	1.36x	$1.39B	9.62%	$5.23B	59.90	$16.36B	7.59
AAON	AAON INC	$89.67	$30.08	198.12%	40.95x	N/A	6.23x	9.95x	1.74x	$54.73M	0.75%	$735.22M	9.06	$7.34B	26.73
ROCK	GIBRALTAR INDUSTRIES INC	$71.71	$31.36	128.65%	19.86x	14.66x	1.59x	2.39x	2.17x	$204.57M	9.32%	$915.00M	29.88	$2.12B	11.82
LPX	LOUISIANA-PACIFIC CORP	$75.19	$115.15	-34.70%	30.44x	9.64x	2.10x	3.49x	0.26x	-$64.00M	-1.18%	$1.56B	21.63	$5.58B	14.50
GMS	GMS INC	$91.32	$45.47	100.86%	12.56x	12.32x	0.68x	2.56x	5.75x	$377.85M	10.38%	$1.42B	35.60	$4.77B	8.05
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$64.61	$44.98	43.65%	20.98x	15.76x	1.64x	2.64x	0.81x	$1.78B	4.04%	$16.70B	24.50	$52.84B	17.87
LII	LENNOX INTERNATIONAL INC	$467.85	$158.85	194.53%	26.98x	27.41x	3.34x	45.19x	2.57x	$550.20M	3.30%	$368.80M	10.36	$18.28B	20.17
AWI	ARMSTRONG WORLD INDUSTRIES INC	$115.96	$58.68	97.61%	23.19x	19.04x	4.00x	8.58x	1.30x	$149.70M	2.89%	$591.80M	13.24	$5.65B	13.36
TREX	TREX CO INC	$89.20	$16.33	446.33%	47.20x	42.48x	8.85x	13.52x	5.24x	$223.33M	2.30%	$716.67M	6.59	$9.71B	29.75
TT	TRANE TECHNOLOGIES PLC	$296.49	N/A	N/A	33.50x	34.04x	3.81x	9.62x	N/A	$2.10B	3.12%	$7.00B	30.81	$71.01B	22.87
MAS	MASCO CORP	$69.74	$46.64	49.53%	17.05x	13.65x	1.94x	-204.80x	1.01x	$1.23B	8.00%	-$75.00M	-0.34	$18.24B	12.63
TILE	INTERFACE INC	$15.86	$25.77	-38.46%	20.60x	10.37x	0.73x	2.17x	0.26x	$122.52M	13.30%	$425.95M	7.33	$1.32B	9.34
BLDR	BUILDERS FIRSTSOURCE INC	$186.69	$66.48	180.84%	15.48x	15.47x	1.40x	4.81x	230.48x	$1.88B	7.87%	$4.73B	37.04	$26.41B	9.66
WMS	ADVANCED DRAINAGE SYSTEMS INC	$160.32	$73.74	117.41%	25.17x	20.77x	4.40x	11.54x	1.45x	$571.19M	4.58%	$1.08B	13.85	$13.21B	14.80
JBI	JANUS INTERNATIONAL GROUP INC	$15.07	N/A	N/A	16.38x	17.32x	2.07x	4.26x	N/A	$196.10M	8.87%	$519.60M	3.54	$2.66B	9.22
DOOR	MASONITE INTERNATIONAL CORP	$131.60	$270.46	-51.34%	24.51x	9.49x	1.02x	3.40x	0.19x	$295.14M	10.23%	$848.25M	38.68	$4.01B	12.00
APT	ALPHA PRO TECH LTD	$5.98	$2.47	142.30%	17.09x	N/A	1.16x	1.11x	3.83x	$7.67M	10.82%	$61.57M	5.19	$53.01M	7.47
JELD	JELD-WEN HOLDING INC	$18.80	N/A	N/A	25.75x	N/A	0.37x	1.89x	N/A	$263.61M	16.49%	$850.65M	10.01	$2.67B	7.89
ASPN	ASPEN AEROGELS INC	$16.64	N/A	N/A	-25.21x	-118.86x	4.84x	2.61x	N/A	-$218.07M	-18.87%	$488.06M	7.03	$1.27B	-44.19
CARR	CARRIER GLOBAL CORP	$54.77	$36.55	49.86%	34.02x	20.06x	2.08x	5.67x	0.69x	$2.14B	4.66%	$8.68B	10.36	$53.87B	19.62
AZEK	AZEK CO INC	$45.40	$6.40	609.26%	57.47x	N/A	4.80x	4.87x	7.70x	$264.21M	3.95%	$1.36B	9.23	$6.93B	20.51
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$7.23	$5.83	24.08%	11.12x	N/A	0.39x	1.10x	1.12x	-$490.00k	-0.86%	$52.82M	6.64	$87.81M	5.80
FBIN	FORTUNE BRANDS INNOVATIONS INC	$73.53	$20.33	261.65%	23.05x	N/A	2.02x	4.04x	9.12x	$799.30M	8.57%	$2.29B	18.07	$11.72B	14.00
MTEN	MINGTENG INTERNATIONAL CORP INC	$4.00	N/A	N/A	11.76x	N/A	2.58x	N/A	N/A	$1.26M	6.33%	$6.39M	1.28	N/A	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$1.87	N/A	N/A	13.08x	N/A	0.06x	0.25x	N/A	-$11.12M	-283.85%	$15.56M	7.43	$4.78M	3.47
ARLO	ARLO TECHNOLOGIES INC	$11.03	N/A	N/A	-45.96x	N/A	2.08x	10.27x	N/A	$35.46M	3.46%	$103.28M	1.11	$1.02B	-62.79
SWIM	LATHAM GROUP INC	$3.15	N/A	N/A	-157.50x	4.32x	0.63x	0.91x	N/A	$83.18M	23.40%	$399.20M	3.54	$593.83M	8.57
CSTE	CAESARSTONE LTD	$6.73	N/A	N/A	-2.15x	N/A	0.41x	0.72x	N/A	$55.54M	23.91%	$320.65M	9.29	$299.59M	-5.22
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.54	N/A	N/A	-2.16x	N/A	1.44x	0.57x	N/A	-$8.62M	-88.33%	$17.25M	0.96	$4.12M	-1.11
AIRJ	MONTANA TECHNOLOGIES CORP	$10.55	N/A	N/A	211.00x	N/A	N/A	-12.54x	N/A	-$1.98M	-0.72%	-$14.98M	-0.58	$187.69M	62.53

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best building product & equipment stocks to buy right now are:

1. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the top building product & equipment stock with a Zen Score of 55, which is 18 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 44.19% over the past year, underperforming other building product & equipment stocks by -15 percentage points.

2. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the second 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 66.26% 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 12.76% from Quanex Building Products's current stock price of $33.70.

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.

3. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the third best building product & equipment stock with a Zen Score of 49, which is 12 points higher than the building product & equipment industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 72.35% over the past year, overperforming other building product & equipment stocks by 13 percentage points.

Carlisle Companies has an average 1 year price target of $435.50, an upside of 16.04% from Carlisle Companies's current stock price of $375.30.

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.

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 2.29%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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 47.7% indicates that its dividend yield is sustainable for the long-term.

2. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.64%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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 1.56%, which is the same as the building product & equipment industry average of 1.08%. 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 20.1% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.79% in the last day, and up 1.85% over the last week. Masco was the among the top losers in the building products & equipment industry, dropping -4.48% yesterday.

Masco shares are trading lower after the company reported mixed Q1 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. 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 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 66.26% in the past year. It has overperformed other stocks in the building product & equipment industry by 7 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 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 102.04% in the past year. It has overperformed other stocks in the building product & equipment industry by 43 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 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 44.06% in the past year. It has underperformed other stocks in the building product & equipment industry by -15 percentage points.

Are building product & equipment stocks a good buy now?

45.83% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 5.46% 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 26.91x.

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.