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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
LPX	LOUISIANA-PACIFIC CORP	$89.67	$113.04	-20.67%	24.50x	11.50x	2.37x	3.97x	0.34x	$233.00M	3.61%	$1.62B	22.46	$6.55B	12.68
CSL	CARLISLE COMPANIES INC	$415.05	$256.18	62.02%	23.81x	17.84x	3.96x	6.91x	0.91x	$1.08B	5.45%	$2.86B	59.82	$21.49B	15.91
NX	QUANEX BUILDING PRODUCTS CORP	$34.20	$40.35	-15.25%	12.95x	N/A	1.01x	2.04x	0.46x	$108.57M	9.67%	$555.03M	16.91	$1.20B	7.84
APOG	APOGEE ENTERPRISES INC	$65.78	N/A	N/A	14.46x	16.08x	1.02x	3.09x	N/A	$161.27M	11.21%	$471.03M	21.54	$1.52B	8.06
OC	OWENS CORNING	$173.72	$111.08	56.39%	13.91x	12.42x	1.57x	2.88x	1.43x	$1.39B	9.15%	$5.23B	59.90	$17.10B	7.94
GMS	GMS INC	$93.29	$47.34	97.06%	12.83x	12.01x	0.69x	2.62x	4.39x	$377.85M	10.16%	$1.42B	35.60	$4.85B	8.19
LII	LENNOX INTERNATIONAL INC	$491.16	$158.85	209.21%	28.33x	28.77x	3.51x	47.44x	2.70x	$550.20M	3.15%	$368.80M	10.36	$19.11B	21.09
AAON	AAON INC	$74.86	$28.93	158.76%	33.87x	N/A	5.25x	7.84x	1.56x	$132.38M	2.17%	$784.81M	9.61	$6.13B	21.83
AWI	ARMSTRONG WORLD INDUSTRIES INC	$114.28	$51.48	122.01%	21.40x	18.77x	3.82x	7.98x	1.80x	$157.50M	3.15%	$626.80M	14.31	$5.57B	12.58
SWIM	LATHAM GROUP INC	$3.85	$20.01	-80.76%	128.33x	5.27x	0.82x	1.14x	0.07x	$67.74M	15.30%	$391.77M	3.41	$713.71M	9.59
ROCK	GIBRALTAR INDUSTRIES INC	$74.28	$34.21	117.11%	19.76x	15.19x	1.65x	2.41x	1.92x	$217.53M	9.58%	$940.19M	30.75	$2.15B	11.80
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.86	$17.43	-49.16%	6.76x	N/A	0.47x	1.19x	0.30x	$3.63M	5.14%	$59.45M	7.45	$96.58M	7.29
TT	TRANE TECHNOLOGIES PLC	$324.72	N/A	N/A	34.40x	37.28x	4.05x	10.67x	N/A	$2.33B	3.16%	$6.89B	30.30	$77.53B	23.65
WMS	ADVANCED DRAINAGE SYSTEMS INC	$172.44	$73.74	133.84%	27.07x	22.34x	4.73x	12.41x	1.56x	$571.19M	4.25%	$1.08B	13.85	$14.15B	15.86
MAS	MASCO CORP	$70.34	$46.64	50.82%	17.20x	13.77x	1.96x	-206.56x	1.02x	$1.23B	7.93%	-$75.00M	-0.34	$18.37B	12.72
BLDR	BUILDERS FIRSTSOURCE INC	$165.39	$72.42	128.38%	14.02x	13.70x	1.18x	4.07x	7.56x	$1.55B	7.68%	$4.96B	40.64	$23.74B	8.97
JBI	JANUS INTERNATIONAL GROUP INC	$14.12	N/A	N/A	14.86x	16.23x	1.94x	3.85x	N/A	$175.91M	8.50%	$535.40M	3.65	$2.50B	8.50
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$68.27	$54.14	26.11%	27.53x	16.65x	1.71x	2.94x	0.59x	$1.25B	2.72%	$15.66B	23.24	$55.87B	23.07
APT	ALPHA PRO TECH LTD	$4.94	$2.19	125.07%	13.72x	N/A	0.92x	0.94x	7.90x	$8.40M	15.06%	$61.64M	5.46	$48.70M	6.68
ASPN	ASPEN AEROGELS INC	$26.38	N/A	N/A	-59.95x	-188.43x	6.95x	4.09x	N/A	-$187.65M	-9.39%	$491.20M	6.48	$2.05B	-236.30
TREX	TREX CO INC	$88.65	N/A	N/A	38.05x	42.21x	7.83x	11.98x	N/A	$166.34M	1.73%	$804.15M	7.40	$9.87B	25.27
FBIN	FORTUNE BRANDS INNOVATIONS INC	$73.13	$20.99	248.44%	22.16x	N/A	1.95x	4.01x	8.90x	$629.90M	6.89%	$2.28B	18.24	$11.97B	13.75
TILE	INTERFACE INC	$15.69	$7.55	107.70%	15.38x	10.25x	0.73x	2.13x	2.81x	$108.27M	11.85%	$428.55M	7.36	$1.30B	8.22
AZEK	AZEK CO INC	$46.82	$6.40	631.44%	59.27x	N/A	4.95x	5.02x	7.94x	$264.21M	3.83%	$1.36B	9.23	$7.14B	21.12
CARR	CARRIER GLOBAL CORP	$65.00	$38.05	70.81%	44.22x	23.81x	2.54x	5.07x	0.76x	$2.02B	3.46%	$11.56B	12.86	$74.65B	26.08
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$1.40	N/A	N/A	-1.57x	N/A	0.07x	0.34x	N/A	-$10.35M	-225.14%	$13.41M	4.08	$6.22M	-3.48
ARLO	ARLO TECHNOLOGIES INC	$12.30	N/A	N/A	-68.33x	N/A	2.35x	12.01x	N/A	$45.50M	3.85%	$99.94M	1.04	$1.15B	-93.95
JELD	JELD-WEN HOLDING INC	$15.41	N/A	N/A	67.00x	N/A	0.32x	1.63x	N/A	$246.36M	18.70%	$811.55M	9.49	$2.42B	8.32
CSTE	CAESARSTONE LTD	$6.35	N/A	N/A	-2.01x	N/A	0.41x	0.70x	N/A	$56.51M	25.76%	$313.81M	9.09	$238.59M	-3.94
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.47	N/A	N/A	-2.48x	N/A	1.32x	0.52x	N/A	-$4.52M	-53.08%	$16.40M	0.91	$4.92M	-1.81
AIRJ	MONTANA TECHNOLOGIES CORP	$12.68	N/A	N/A	253.60x	N/A	N/A	-15.07x	N/A	-$1.98M	-0.60%	-$14.98M	-0.58	$225.59M	75.15

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 42.65% over the past year, underperforming other building product & equipment stocks by -21 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -5.7% from Louisiana Pacific's current stock price of $89.67.

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 101.73% over the past year, overperforming other building product & equipment stocks by 38 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 7.82% from Carlisle Companies's current stock price of $415.05.

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 70.49% 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 11.11% from Quanex Building Products's current stock price of $34.20.

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 2.17%, which is 1 percentage points higher than the building product & equipment industry average of 0.98%. 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 0.98%. 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. Owens Corning (NYSE:OC)

Owens Corning (NYSE:OC) has an annual dividend yield of 1.29%, which is the same as the building product & equipment industry average of 0.98%. Owens Corning's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Owens Corning's dividend has shown consistent growth over the last 10 years.

Owens Corning's dividend payout ratio of 17.9% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -2.21% in the last day, and down -0.98% over the last week. Advanced Drainage Systems was the among the top losers in the building products & equipment industry, dropping -2.12% yesterday.

Advanced Drainage Systems shares are trading lower following Q4 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. 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 -16.26% in the past year. It has underperformed other stocks in the building product & equipment industry by -80 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 70.49% in the past year. It has overperformed other stocks in the building product & equipment industry by 7 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 17.38% in the past year. It has underperformed other stocks in the building product & equipment industry by -46 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 5.31% 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 29.71x.

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.