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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
CSL	CARLISLE COMPANIES INC	$398.47	$256.18	55.55%	22.86x	17.12x	3.80x	6.63x	0.87x	$1.08B	5.67%	$2.86B	59.82	$20.71B	15.32
APOG	APOGEE ENTERPRISES INC	$63.54	N/A	N/A	13.96x	15.54x	0.98x	2.99x	N/A	$161.27M	11.61%	$471.03M	21.54	$1.48B	7.79
AAON	AAON INC	$78.40	$28.93	171.00%	35.48x	N/A	5.50x	8.21x	1.63x	$132.38M	2.07%	$784.81M	9.61	$6.42B	22.86
NX	QUANEX BUILDING PRODUCTS CORP	$34.78	$40.35	-13.81%	13.17x	N/A	1.03x	2.07x	0.47x	$108.57M	9.51%	$555.03M	16.91	$1.22B	7.97
LII	LENNOX INTERNATIONAL INC	$458.73	$158.85	188.79%	26.46x	26.87x	3.28x	44.31x	2.52x	$550.20M	3.37%	$368.80M	10.36	$17.95B	19.81
GMS	GMS INC	$95.32	$47.34	101.35%	13.11x	12.27x	0.70x	2.68x	4.48x	$377.85M	9.94%	$1.42B	35.60	$4.93B	8.32
LPX	LOUISIANA-PACIFIC CORP	$74.30	$115.15	-35.47%	30.08x	9.53x	2.07x	3.45x	0.26x	-$64.00M	-1.20%	$1.56B	21.63	$5.52B	14.33
TT	TRANE TECHNOLOGIES PLC	$319.29	N/A	N/A	33.82x	36.66x	3.98x	10.49x	N/A	$2.33B	3.21%	$6.89B	30.30	$76.30B	23.27
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.85	$17.43	-49.21%	6.76x	N/A	0.47x	1.19x	0.30x	$3.63M	5.14%	$59.45M	7.45	$96.50M	7.28
BLDR	BUILDERS FIRSTSOURCE INC	$195.81	$66.48	194.56%	16.24x	16.22x	1.46x	5.05x	241.74x	$1.88B	7.50%	$4.73B	37.04	$27.52B	10.07
ROCK	GIBRALTAR INDUSTRIES INC	$71.69	$34.21	109.54%	19.07x	14.66x	1.59x	2.32x	1.85x	$217.53M	9.92%	$940.19M	30.75	$2.07B	11.37
OC	OWENS CORNING	$174.81	$111.08	57.37%	14.00x	12.50x	1.58x	2.90x	1.44x	$1.39B	9.09%	$5.23B	59.90	$17.20B	7.98
WMS	ADVANCED DRAINAGE SYSTEMS INC	$164.89	$73.74	123.60%	25.89x	21.36x	4.52x	11.87x	1.49x	$571.19M	4.45%	$1.08B	13.85	$13.56B	15.20
AWI	ARMSTRONG WORLD INDUSTRIES INC	$115.61	$51.48	124.59%	21.65x	18.98x	3.86x	8.07x	1.83x	$157.50M	3.11%	$626.80M	14.31	$5.63B	12.71
TREX	TREX CO INC	$92.01	$16.33	463.54%	48.68x	43.81x	9.13x	13.95x	5.41x	$223.33M	2.23%	$716.67M	6.59	$10.02B	30.69
TILE	INTERFACE INC	$17.39	$25.77	-32.53%	22.58x	11.37x	0.80x	2.38x	0.28x	$122.52M	12.13%	$425.95M	7.33	$1.41B	9.97
MAS	MASCO CORP	$69.56	$46.64	49.15%	17.01x	13.61x	1.94x	-204.27x	1.01x	$1.23B	8.02%	-$75.00M	-0.34	$18.20B	12.60
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$62.38	$54.14	15.23%	25.15x	15.21x	1.57x	2.68x	0.54x	$1.25B	2.97%	$15.66B	23.24	$51.90B	21.43
JBI	JANUS INTERNATIONAL GROUP INC	$13.78	N/A	N/A	14.98x	15.84x	1.90x	3.90x	N/A	$196.10M	9.70%	$519.60M	3.54	$2.47B	8.56
DOOR	MASONITE INTERNATIONAL CORP	$132.70	$270.46	-50.94%	24.71x	9.57x	1.03x	3.43x	0.19x	$295.14M	10.14%	$848.25M	38.68	$4.03B	12.08
APT	ALPHA PRO TECH LTD	$6.09	$2.47	146.75%	17.40x	N/A	1.18x	1.13x	3.90x	$7.67M	10.62%	$61.57M	5.19	$54.27M	7.65
ASPN	ASPEN AEROGELS INC	$25.11	N/A	N/A	-57.07x	-179.36x	6.61x	3.89x	N/A	-$187.65M	-9.86%	$491.20M	6.48	$1.96B	-225.17
JELD	JELD-WEN HOLDING INC	$20.06	N/A	N/A	27.48x	N/A	0.40x	2.02x	N/A	$263.61M	15.46%	$850.65M	10.01	$2.78B	8.21
AZEK	AZEK CO INC	$46.52	$6.40	626.75%	58.89x	N/A	4.91x	4.99x	7.88x	$264.21M	3.86%	$1.36B	9.23	$7.09B	20.99
FBIN	FORTUNE BRANDS INNOVATIONS INC	$73.15	$20.99	248.54%	22.17x	N/A	1.95x	4.01x	8.90x	$629.90M	6.88%	$2.28B	18.24	$11.98B	13.75
MTEN	MINGTENG INTERNATIONAL CORP INC	$4.61	N/A	N/A	13.56x	N/A	2.97x	N/A	N/A	$1.26M	5.49%	$6.39M	1.28	N/A	N/A
CARR	CARRIER GLOBAL CORP	$62.09	$38.05	63.17%	42.24x	22.74x	2.43x	4.84x	0.72x	$2.02B	3.63%	$11.56B	12.86	$72.03B	25.16
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	$12.96	N/A	N/A	-54.00x	N/A	2.45x	12.07x	N/A	$35.46M	2.95%	$103.28M	1.11	$1.20B	-74.24
SWIM	LATHAM GROUP INC	$2.81	N/A	N/A	-140.50x	3.85x	0.56x	0.81x	N/A	$83.18M	26.23%	$399.20M	3.54	$554.59M	8.00
CSTE	CAESARSTONE LTD	$6.39	N/A	N/A	-2.04x	N/A	0.39x	0.69x	N/A	$55.54M	25.18%	$320.65M	9.29	$287.85M	-5.01
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.57	N/A	N/A	-3.01x	N/A	1.60x	0.63x	N/A	-$4.52M	-43.78%	$16.40M	0.91	$6.73M	-2.47
AIRJ	MONTANA TECHNOLOGIES CORP	$11.45	N/A	N/A	229.00x	N/A	N/A	-13.61x	N/A	-$1.98M	-0.66%	-$14.98M	-0.58	$203.70M	67.86

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. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the top 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 86.97% over the past year, overperforming other building product & equipment stocks by 27 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 12.3% from Carlisle Companies's current stock price of $398.47.

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.

2. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) 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 19 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 54.75% over the past year, underperforming other building product & equipment stocks by -6 percentage points.

3. Aaon (NASDAQ:AAON)

Aaon (NASDAQ:AAON) 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 20 out of 38 due diligence checks and has strong fundamentals. Aaon has seen its stock return 20.55% over the past year, underperforming other building product & equipment stocks by -40 percentage points.

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 2.37%, which is 1 percentage points higher than the building product & equipment industry average of 1.06%. 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 1.65%, which is 1 percentage points higher than the building product & equipment industry average of 1.06%. 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 1.53%, which is the same as the building product & equipment industry average of 1.06%. 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 up?

Building product & equipment stocks were up 0.75% in the last day, and up 0.46% over the last week. Interface was the among the top gainers in the building products & equipment industry, gaining 9.65% yesterday.

Interface shares are trading higher after the company reported better-than-expected Q1 financial results, issued Q2 net sales guidance above estimates and raised FY24 net sales guidance above estimates.

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 77.72% in the past year. It has overperformed other stocks in the building product & equipment industry by 17 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 127.32% in the past year. It has overperformed other stocks in the building product & equipment industry by 67 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 47.44% in the past year. It has underperformed other stocks in the building product & equipment industry by -13 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 5.95% 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 28.7x.

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.