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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...

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
APOG	APOGEE ENTERPRISES INC	$1.27B	24.60%	11.40%	21.56%	21.90%	0.96	1.57	25.50%	7.40%	10.15%
OC	OWENS CORNING	$14.31B	23.80%	10.80%	18.77%	20.40%	1.17	1.69	27.70%	12.40%	17.29%
NX	QUANEX BUILDING PRODUCTS CORP	$1.12B	16.40%	10.50%	15.60%	20.70%	0.47	2.27	25.00%	7.80%	9.89%
CSL	CARLISLE COMPANIES INC	$17.68B	25.90%	11.10%	19.41%	21.70%	1.34	2.87	35.60%	16.70%	22.99%
AAON	AAON INC	$7.08B	26.40%	19.30%	27.99%	33.10%	0.28	3.23	34.10%	15.20%	19.51%
ROCK	GIBRALTAR INDUSTRIES INC	$2.19B	12.70%	8.90%	14.74%	47.60%	0.37	2.05	26.30%	8.00%	11.03%
LII	LENNOX INTERNATIONAL INC	$16.34B	618.70%	20.60%	44.25%	26.80%	8.81	1.41	31.10%	11.80%	15.84%
LPX	LOUISIANA-PACIFIC CORP	$5.29B	12.00%	7.60%	12.21%	11.60%	0.57	3.00	23.00%	6.90%	10.31%
GMS	GMS INC	$3.62B	21.80%	9.00%	17.53%	17.30%	1.31	2.40	32.40%	5.50%	8.61%
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$44.05B	12.90%	4.90%	6.59%	12.10%	1.56	0.97	33.10%	7.80%	7.76%
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.02B	39.10%	13.20%	22.57%	21.90%	1.83	1.61	38.40%	17.30%	25.76%
TILE	INTERFACE INC	$878.83M	11.40%	3.60%	9.40%	7.40%	1.89	2.72	35.00%	3.50%	7.57%
BLDR	BUILDERS FIRSTSOURCE INC	$21.73B	33.70%	14.50%	25.20%	28.80%	1.22	1.77	35.20%	9.00%	12.73%
TREX	TREX CO INC	$9.54B	31.70%	19.90%	32.81%	29.70%	0.30	1.89	41.30%	18.80%	25.23%
TT	TRANE TECHNOLOGIES PLC	$66.11B	31.20%	10.80%	20.67%	33.40%	1.77	1.14	33.10%	11.40%	15.59%
MAS	MASCO CORP	$15.83B	-482.30%	16.90%	35.22%	23.60%	-41.64	1.69	35.60%	11.40%	16.22%
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.15B	51.70%	16.40%	26.97%	28.90%	1.80	3.03	39.30%	17.70%	26.16%
JBI	JANUS INTERNATIONAL GROUP INC	$2.19B	29.40%	10.50%	20.65%	26.90%	1.60	2.66	42.20%	12.70%	22.77%
DOOR	MASONITE INTERNATIONAL CORP	$2.88B	14.40%	4.40%	9.17%	7.70%	2.15	2.42	23.50%	4.20%	7.42%
APT	ALPHA PRO TECH LTD	$68.20M	6.80%	6.40%	8.20%	11.10%	0.12	20.68	37.30%	6.80%	8.86%
JELD	JELD-WEN HOLDING INC	$1.57B	7.80%	1.90%	8.61%	6.00%	2.50	2.20	19.30%	1.50%	4.60%
ASPN	ASPEN AEROGELS INC	$1.16B	-10.50%	-7.20%	-7.52%	-8.50%	0.44	3.41	23.80%	-19.20%	-19.70%
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$55.23M	9.10%	3.80%	13.27%	10.80%	1.65	1.65	27.00%	3.40%	7.82%
AZEK	AZEK CO INC	$6.56B	8.40%	5.10%	9.93%	15.70%	0.68	2.99	34.50%	8.60%	14.88%
CARR	CARRIER GLOBAL CORP	$48.17B	16.40%	4.80%	8.50%	13.30%	2.75	2.73	28.90%	6.10%	9.97%
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.19B	18.40%	6.20%	11.81%	14.20%	1.86	1.70	41.30%	8.70%	13.69%
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	29.10%	17.20%	31.41%	32.70%	0.60	1.84	47.40%	22.00%	26.57%
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$4.00M	15.20%	7.70%	8.19%	8.90%	0.12	5.39	16.40%	2.20%	2.11%
ARLO	ARLO TECHNOLOGIES INC	$1.02B	-24.40%	-7.90%	-16.81%	-38.20%	1.77	1.55	34.10%	-4.50%	-4.25%
SWIM	LATHAM GROUP INC	$351.93M	-0.60%	-0.30%	2.79%	3.20%	1.09	2.77	27.00%	-0.40%	3.68%
CSTE	CAESARSTONE LTD	$212.03M	-29.10%	-16.80%	-19.07%	-15.50%	0.83	2.64	16.30%	-19.00%	-15.47%
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$8.49M	-42.10%	-28.10%	-23.55%	-42.70%	0.16	6.39	19.70%	-62.80%	-62.20%
AIRJ	MONTANA TECHNOLOGIES CORP	$185.79M	-9.90%	0.80%	2.85%	2.00%	-1.04	0.01	N/A	N/A	N/A

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 33.21% over the past year, underperforming other building product & equipment stocks by -23 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 66.21% over the past year, overperforming other building product & equipment stocks by 10 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12.79% from Quanex Building Products's current stock price of $33.69.

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. Owens Corning (NYSE:OC)

Owens Corning (NYSE:OC) 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. Owens Corning has seen its stock return 62.12% over the past year, overperforming other building product & equipment stocks by 6 percentage points.

Owens Corning has an average 1 year price target of $165.11, an upside of 0.41% from Owens Corning's current stock price of $164.44.

Owens Corning stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Owens Corning, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% 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 1.09%. 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 47.7% indicates that its dividend yield is sustainable for the long-term.

2. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) has an annual dividend yield of 1.69%, which is 1 percentage points higher than 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 20.1% indicates that its dividend yield is sustainable for the long-term.

3. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.59%, which is the same as 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 28.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.67% in the last day, and down -1.4% 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. 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 66.21% in the past year. It has overperformed other stocks in the building product & equipment industry by 10 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 92.36% in the past year. It has overperformed other stocks in the building product & equipment industry by 36 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 43.69% 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?

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 7.09% 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 26.55x.

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.