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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	$62.53	N/A	N/A	13.74x	15.29x	0.97x	2.94x	N/A	$161.27M	11.79%	$471.03M	21.54	$1.45B	7.68
CSL	CARLISLE COMPANIES INC	$385.18	$256.18	50.36%	22.10x	16.55x	3.68x	6.41x	0.84x	$1.08B	5.87%	$2.86B	59.82	$20.07B	14.85
NX	QUANEX BUILDING PRODUCTS CORP	$33.09	$40.35	-18.00%	12.53x	N/A	0.98x	1.97x	0.45x	$108.57M	10.00%	$555.03M	16.91	$1.16B	7.60
OC	OWENS CORNING	$168.08	$111.08	51.31%	13.46x	12.01x	1.52x	2.79x	1.38x	$1.39B	9.45%	$5.23B	59.90	$16.61B	7.71
LII	LENNOX INTERNATIONAL INC	$455.15	$158.85	186.54%	26.25x	26.66x	3.25x	43.97x	2.50x	$550.20M	3.40%	$368.80M	10.36	$17.83B	19.67
GMS	GMS INC	$93.22	$47.34	96.91%	12.82x	12.00x	0.69x	2.62x	4.39x	$377.85M	10.17%	$1.42B	35.60	$4.85B	8.18
TT	TRANE TECHNOLOGIES PLC	$314.98	N/A	N/A	33.37x	36.16x	3.93x	10.35x	N/A	$2.33B	3.25%	$6.89B	30.30	$75.33B	22.97
LPX	LOUISIANA-PACIFIC CORP	$72.87	$115.15	-36.71%	29.50x	9.34x	2.03x	3.38x	0.25x	-$64.00M	-1.22%	$1.56B	21.63	$5.41B	14.06
AAON	AAON INC	$94.47	$30.08	214.08%	43.14x	N/A	6.56x	10.48x	1.83x	$54.73M	0.71%	$735.22M	9.06	$7.74B	28.15
MAS	MASCO CORP	$68.58	$46.64	47.04%	16.77x	13.42x	1.91x	-201.39x	0.99x	$1.23B	8.13%	-$75.00M	-0.34	$17.99B	12.46
BLDR	BUILDERS FIRSTSOURCE INC	$184.39	$66.48	177.38%	15.29x	15.28x	1.38x	4.75x	227.64x	$1.88B	7.97%	$4.73B	37.04	$26.13B	9.56
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.58	$17.43	-50.76%	6.55x	N/A	0.45x	1.16x	0.29x	$3.63M	5.30%	$59.45M	7.45	$94.33M	7.12
ROCK	GIBRALTAR INDUSTRIES INC	$68.86	$34.21	101.27%	18.31x	14.08x	1.53x	2.23x	1.78x	$217.53M	10.33%	$940.19M	30.75	$1.99B	10.90
AWI	ARMSTRONG WORLD INDUSTRIES INC	$114.12	$51.48	121.70%	21.37x	18.74x	3.81x	7.97x	1.80x	$157.50M	3.15%	$626.80M	14.31	$5.56B	12.56
WMS	ADVANCED DRAINAGE SYSTEMS INC	$158.51	$73.74	114.95%	24.88x	20.53x	4.35x	11.41x	1.43x	$571.19M	4.63%	$1.08B	13.85	$13.07B	14.65
TREX	TREX CO INC	$89.14	$16.33	445.96%	47.16x	42.45x	8.85x	13.51x	5.24x	$223.33M	2.31%	$716.67M	6.59	$9.71B	29.73
TILE	INTERFACE INC	$15.28	$25.77	-40.71%	19.84x	9.99x	0.70x	2.09x	0.25x	$122.52M	13.80%	$425.95M	7.33	$1.29B	9.10
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$60.47	$54.14	11.70%	24.38x	14.75x	1.52x	2.60x	0.52x	$1.25B	3.07%	$15.66B	23.24	$50.62B	20.90
DOOR	MASONITE INTERNATIONAL CORP	$132.62	$270.46	-50.97%	24.70x	9.56x	1.03x	3.43x	0.19x	$295.14M	10.15%	$848.25M	38.68	$4.03B	12.07
JBI	JANUS INTERNATIONAL GROUP INC	$14.05	N/A	N/A	15.27x	16.15x	1.93x	3.97x	N/A	$196.10M	9.51%	$519.60M	3.54	$2.51B	8.70
APT	ALPHA PRO TECH LTD	$5.91	$2.47	139.46%	16.89x	N/A	1.14x	1.10x	3.78x	$7.67M	10.95%	$61.57M	5.19	$52.21M	7.36
JELD	JELD-WEN HOLDING INC	$19.98	N/A	N/A	27.37x	N/A	0.39x	2.01x	N/A	$263.61M	15.52%	$850.65M	10.01	$2.77B	8.19
ASPN	ASPEN AEROGELS INC	$15.22	N/A	N/A	-23.06x	-108.71x	4.43x	2.39x	N/A	-$218.07M	-20.63%	$488.06M	7.03	$1.17B	-40.42
FBIN	FORTUNE BRANDS INNOVATIONS INC	$71.11	$20.99	238.82%	21.55x	N/A	1.89x	3.90x	8.66x	$629.90M	7.08%	$2.28B	18.24	$11.72B	13.46
AZEK	AZEK CO INC	$45.70	$6.40	613.94%	57.85x	N/A	4.83x	4.90x	7.75x	$264.21M	3.93%	$1.36B	9.23	$6.97B	20.64
MTEN	MINGTENG INTERNATIONAL CORP INC	$4.12	N/A	N/A	12.12x	N/A	2.66x	N/A	N/A	$1.26M	6.14%	$6.39M	1.28	N/A	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$1.89	N/A	N/A	13.22x	N/A	0.06x	0.25x	N/A	-$11.12M	-280.85%	$15.56M	7.43	$4.82M	3.50
CARR	CARRIER GLOBAL CORP	$61.12	$38.05	60.62%	41.58x	22.39x	2.39x	4.76x	0.71x	$2.02B	3.68%	$11.56B	12.86	$71.16B	24.85
ARLO	ARLO TECHNOLOGIES INC	$12.13	N/A	N/A	-50.54x	N/A	2.29x	11.30x	N/A	$35.46M	3.15%	$103.28M	1.11	$1.12B	-69.32
SWIM	LATHAM GROUP INC	$2.48	N/A	N/A	-124.00x	3.40x	0.49x	0.72x	N/A	$83.18M	29.72%	$399.20M	3.54	$516.52M	7.46
CSTE	CAESARSTONE LTD	$6.31	N/A	N/A	-2.02x	N/A	0.39x	0.68x	N/A	$55.54M	25.50%	$320.65M	9.29	$285.09M	-4.96
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.57	N/A	N/A	-2.98x	N/A	1.59x	0.62x	N/A	-$4.52M	-44.17%	$16.40M	0.91	$6.64M	-2.44
AIRJ	MONTANA TECHNOLOGIES CORP	$11.55	N/A	N/A	231.00x	N/A	N/A	-13.72x	N/A	-$1.98M	-0.66%	-$14.98M	-0.58	$205.48M	68.45

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. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the top building product & equipment stock with a Zen Score of 54, which is 16 points higher than the building product & equipment industry average of 38. It passed 19 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 47.96% over the past year, underperforming other building product & equipment stocks by -9 percentage points.

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 16 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 77.96% over the past year, overperforming other building product & equipment stocks by 21 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 16.18% from Carlisle Companies's current stock price of $385.18.

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 13 points higher than the building product & equipment industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Quanex Building Products has seen its stock return 70.92% over the past year, overperforming other building product & equipment stocks by 14 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 14.84% from Quanex Building Products's current stock price of $33.09.

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 2.45%, which is 1 percentage points higher than the building product & equipment industry average of 1.09%. 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 1.67%, which is 1 percentage points higher than the building product & equipment industry average of 1.09%. 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 1.55%, which is the same as the building product & equipment industry average of 1.09%. 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 21.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.71% in the last day, and up 0.5% over the last week. Johnson Controls International was the among the top losers in the building products & equipment industry, dropping -7.07% yesterday.

Johnson Controls shares are trading lower after the company reported mixed Q2 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 70.92% in the past year. It has overperformed other stocks in the building product & equipment industry by 14 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 94.9% in the past year. It has overperformed other stocks in the building product & equipment industry by 38 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 45.85% in the past year. It has underperformed other stocks in the building product & equipment industry by -11 percentage points.

Are building product & equipment stocks a good buy now?

54.17% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 8.17% 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 28.73x.

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.