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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	$90.42	$113.04	-20.01%	24.70x	11.59x	2.39x	4.01x	0.34x	$233.00M	3.58%	$1.62B	22.46	$6.61B	12.78
CSL	CARLISLE COMPANIES INC	$417.63	$256.18	63.02%	23.96x	17.95x	3.98x	6.95x	0.91x	$1.08B	5.41%	$2.86B	59.82	$21.62B	16.00
NX	QUANEX BUILDING PRODUCTS CORP	$33.93	$40.35	-15.92%	12.85x	N/A	1.01x	2.02x	0.46x	$108.57M	9.75%	$555.03M	16.91	$1.19B	7.78
APOG	APOGEE ENTERPRISES INC	$66.54	N/A	N/A	14.62x	16.27x	1.03x	3.13x	N/A	$161.27M	11.08%	$471.03M	21.54	$1.54B	8.15
OC	OWENS CORNING	$176.38	$111.08	58.79%	14.12x	12.61x	1.60x	2.92x	1.45x	$1.39B	9.01%	$5.23B	59.90	$17.33B	8.04
GMS	GMS INC	$93.91	$47.34	98.37%	12.92x	12.09x	0.69x	2.64x	4.42x	$377.85M	10.09%	$1.42B	35.60	$4.88B	8.23
LII	LENNOX INTERNATIONAL INC	$489.86	$158.85	208.39%	28.25x	28.70x	3.50x	47.32x	2.69x	$550.20M	3.15%	$368.80M	10.36	$19.06B	21.04
AAON	AAON INC	$74.88	$28.93	158.83%	33.88x	N/A	5.25x	7.84x	1.56x	$132.38M	2.16%	$784.81M	9.61	$6.13B	21.83
AWI	ARMSTRONG WORLD INDUSTRIES INC	$113.87	$51.48	121.21%	21.32x	18.70x	3.80x	7.95x	1.80x	$157.50M	3.16%	$626.80M	14.31	$5.55B	12.54
SWIM	LATHAM GROUP INC	$3.86	$20.01	-80.71%	128.67x	5.29x	0.82x	1.14x	0.07x	$67.74M	15.26%	$391.77M	3.41	$714.87M	9.60
ROCK	GIBRALTAR INDUSTRIES INC	$73.52	$34.21	114.89%	19.55x	15.03x	1.63x	2.38x	1.90x	$217.53M	9.68%	$940.19M	30.75	$2.13B	11.68
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.76	$17.43	-49.73%	6.69x	N/A	0.46x	1.18x	0.30x	$3.63M	5.19%	$59.45M	7.45	$95.78M	7.23
TT	TRANE TECHNOLOGIES PLC	$328.64	N/A	N/A	34.81x	37.73x	4.10x	10.80x	N/A	$2.33B	3.12%	$6.89B	30.30	$78.42B	23.92
WMS	ADVANCED DRAINAGE SYSTEMS INC	$174.13	$70.63	146.53%	26.71x	22.56x	4.74x	11.69x	1.75x	$534.12M	3.92%	$1.15B	14.74	$14.34B	15.72
MAS	MASCO CORP	$70.16	$46.64	50.43%	17.15x	13.73x	1.95x	-206.03x	1.02x	$1.23B	7.95%	-$75.00M	-0.34	$18.33B	12.70
BLDR	BUILDERS FIRSTSOURCE INC	$167.05	$72.42	130.67%	14.16x	13.84x	1.19x	4.11x	7.64x	$1.55B	7.61%	$4.96B	40.64	$23.94B	9.05
JBI	JANUS INTERNATIONAL GROUP INC	$14.04	N/A	N/A	14.78x	16.14x	1.93x	3.83x	N/A	$175.91M	8.55%	$535.40M	3.65	$2.48B	8.46
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$69.02	$54.14	27.50%	27.83x	16.83x	1.73x	2.97x	0.60x	$1.25B	2.69%	$15.66B	23.24	$56.38B	23.28
APT	ALPHA PRO TECH LTD	$4.81	$2.19	119.15%	13.36x	N/A	0.89x	0.91x	7.69x	$8.40M	15.47%	$61.64M	5.46	$47.18M	6.48
ASPN	ASPEN AEROGELS INC	$26.69	N/A	N/A	-60.66x	-190.64x	7.03x	4.14x	N/A	-$187.65M	-9.28%	$491.20M	6.48	$2.08B	-239.02
TREX	TREX CO INC	$87.65	N/A	N/A	37.62x	41.74x	7.74x	11.85x	N/A	$166.34M	1.75%	$804.15M	7.40	$9.76B	24.99
FBIN	FORTUNE BRANDS INNOVATIONS INC	$73.00	$20.99	247.83%	22.12x	N/A	1.94x	4.00x	8.89x	$629.90M	6.90%	$2.28B	18.24	$11.96B	13.73
TILE	INTERFACE INC	$15.54	$7.55	105.71%	15.24x	10.16x	0.72x	2.11x	2.78x	$108.27M	11.96%	$428.55M	7.36	$1.29B	8.17
AZEK	AZEK CO INC	$46.63	$6.40	628.47%	59.03x	N/A	4.93x	5.00x	7.90x	$264.21M	3.85%	$1.36B	9.23	$7.11B	21.04
CARR	CARRIER GLOBAL CORP	$65.23	$38.05	71.42%	44.37x	23.89x	2.55x	5.08x	0.76x	$2.02B	3.45%	$11.56B	12.86	$74.86B	26.15
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$1.40	N/A	N/A	-1.57x	N/A	0.07x	0.34x	N/A	-$10.35M	-224.66%	$13.41M	4.08	$6.23M	-3.49
ARLO	ARLO TECHNOLOGIES INC	$11.91	N/A	N/A	-66.17x	N/A	2.27x	11.63x	N/A	$45.50M	3.97%	$99.94M	1.04	$1.11B	-90.84
JELD	JELD-WEN HOLDING INC	$15.61	N/A	N/A	67.87x	N/A	0.32x	1.65x	N/A	$246.36M	18.46%	$811.55M	9.49	$2.44B	8.38
CSTE	CAESARSTONE LTD	$6.38	N/A	N/A	-2.02x	N/A	0.41x	0.70x	N/A	$56.51M	25.64%	$313.81M	9.09	$239.63M	-3.95
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$0.49	N/A	N/A	-2.58x	N/A	1.37x	0.54x	N/A	-$4.52M	-51.02%	$16.40M	0.91	$5.27M	-1.93
AIRJ	MONTANA TECHNOLOGIES CORP	$13.29	N/A	N/A	265.80x	N/A	N/A	-15.79x	N/A	-$1.98M	-0.57%	-$14.98M	-0.58	$236.45M	78.77

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.

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.