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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
CSL	CARLISLE COMPANIES INC	$18.81B	29.50%	12.60%	21.35%	23.50%	1.32	2.95	36.20%	17.10%	23.32%
APOG	APOGEE ENTERPRISES INC	$1.41B	22.50%	11.00%	21.26%	22.30%	0.88	1.47	25.90%	7.00%	9.59%
NX	QUANEX BUILDING PRODUCTS CORP	$1.13B	16.40%	10.50%	15.60%	20.70%	0.47	2.27	25.00%	7.80%	9.89%
GMS	GMS INC	$3.77B	21.80%	9.00%	17.53%	17.30%	1.31	2.40	32.40%	5.50%	8.61%
LII	LENNOX INTERNATIONAL INC	$16.24B	281.40%	21.20%	43.21%	26.90%	7.10	1.43	31.80%	12.40%	16.38%
TT	TRANE TECHNOLOGIES PLC	$71.71B	32.10%	11.30%	22.05%	36.10%	1.80	1.13	33.90%	11.80%	16.01%
AAON	AAON INC	$7.47B	25.10%	19.10%	27.87%	33.70%	0.21	3.13	35.60%	15.40%	19.81%
LPX	LOUISIANA-PACIFIC CORP	$5.34B	12.00%	7.60%	12.21%	11.60%	0.57	3.00	23.00%	6.90%	10.31%
MAS	MASCO CORP	$15.19B	-817.80%	17.20%	35.05%	23.70%	-69.05	1.74	36.00%	11.60%	16.36%
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$70.55M	18.70%	7.40%	9.61%	8.40%	1.51	1.71	27.50%	6.90%	6.25%
BLDR	BUILDERS FIRSTSOURCE INC	$23.01B	33.70%	14.50%	25.20%	28.80%	1.22	1.77	35.20%	9.00%	12.73%
ROCK	GIBRALTAR INDUSTRIES INC	$2.17B	12.70%	9.00%	14.67%	51.50%	0.40	2.01	26.80%	8.30%	11.26%
OC	OWENS CORNING	$15.00B	21.70%	10.00%	17.13%	19.00%	1.15	1.76	28.80%	11.50%	15.99%
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.57B	51.70%	16.40%	26.97%	28.90%	1.80	3.03	39.30%	17.70%	26.16%
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.04B	39.90%	13.90%	23.24%	23.20%	1.70	1.79	38.80%	18.00%	26.71%
TREX	TREX CO INC	$9.78B	31.70%	19.90%	32.81%	29.70%	0.30	1.89	41.30%	18.80%	25.23%
TILE	INTERFACE INC	$923.07M	11.40%	3.60%	9.40%	7.40%	1.89	2.72	35.00%	3.50%	7.57%
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$40.93B	10.40%	3.90%	5.08%	8.80%	1.70	0.87	32.80%	6.30%	5.65%
DOOR	MASONITE INTERNATIONAL CORP	$2.91B	14.40%	4.40%	9.17%	7.70%	2.15	2.42	23.50%	4.20%	7.42%
JBI	JANUS INTERNATIONAL GROUP INC	$2.03B	29.40%	10.50%	20.65%	26.90%	1.60	2.66	42.20%	12.70%	22.77%
APT	ALPHA PRO TECH LTD	$69.46M	6.80%	6.40%	8.20%	11.10%	0.12	20.68	37.30%	6.80%	8.86%
ASPN	ASPEN AEROGELS INC	$1.82B	-6.80%	-4.70%	-4.71%	-4.90%	0.42	4.01	30.20%	-10.70%	-10.39%
JELD	JELD-WEN HOLDING INC	$1.68B	7.80%	1.90%	8.61%	6.00%	2.50	2.20	19.30%	1.50%	4.60%
FBIN	FORTUNE BRANDS INNOVATIONS INC	$8.93B	18.60%	6.20%	11.37%	13.80%	1.98	2.04	42.40%	8.90%	13.87%
AZEK	AZEK CO INC	$6.67B	8.40%	5.10%	9.93%	15.70%	0.68	2.99	34.50%	8.60%	14.88%
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%
CARR	CARRIER GLOBAL CORP	$54.91B	13.70%	3.90%	6.66%	11.20%	2.50	1.36	29.20%	5.40%	9.31%
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$3.81M	15.20%	7.70%	8.19%	8.90%	0.12	5.39	16.40%	2.20%	2.11%
ARLO	ARLO TECHNOLOGIES INC	$1.24B	-24.40%	-7.90%	-16.81%	-38.20%	1.77	1.55	34.10%	-4.50%	-4.25%
SWIM	LATHAM GROUP INC	$300.00M	-0.60%	-0.30%	2.79%	3.20%	1.09	2.77	27.00%	-0.40%	3.68%
CSTE	CAESARSTONE LTD	$220.66M	-29.10%	-16.80%	-19.07%	-15.50%	0.83	2.64	16.30%	-19.00%	-15.47%
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$10.47M	-19.50%	-17.50%	-20.24%	-26.90%	0.12	8.70	9.80%	-54.30%	-53.05%
AIRJ	MONTANA TECHNOLOGIES CORP	$209.99M	-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 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 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 86.42% over the past year, overperforming other building product & equipment stocks by 26 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 13.27% from Carlisle Companies's current stock price of $395.07.

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 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 51.91% over the past year, underperforming other building product & equipment stocks by -8 percentage points.

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 76.57% over the past year, overperforming other building product & equipment stocks by 16 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 11.05% from Quanex Building Products's current stock price of $34.22.

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 2.44%, which is 1 percentage points higher than the building product & equipment industry average of 1.07%. 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 1.66%, which is 1 percentage points higher than the building product & equipment industry average of 1.07%. 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 1.07%. 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 1.48% in the last day, and up 1.17% over the last week. Aspen Aerogels was the among the top gainers in the building products & equipment industry, gaining 56.7% yesterday.

Aspen Aerogels shares are trading higher after the company reported better-than-expected Q1 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 76.57% in the past year. It has overperformed other stocks in the building product & equipment industry by 16 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 107.32% in the past year. It has overperformed other stocks in the building product & equipment industry by 47 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 47.54% 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 6.94% 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 28.48x.

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.