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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
LPX	LOUISIANA-PACIFIC CORP	$6.48B	17.40%	11.00%	17.69%	17.00%	0.54	3.32	25.90%	9.70%	14.52%
CSL	CARLISLE COMPANIES INC	$19.88B	29.50%	12.60%	21.35%	23.50%	1.32	2.95	36.20%	17.10%	23.32%
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%
APOG	APOGEE ENTERPRISES INC	$1.47B	22.50%	11.00%	21.26%	22.30%	0.88	1.47	25.90%	7.00%	9.59%
OC	OWENS CORNING	$15.28B	21.70%	10.00%	17.13%	19.00%	1.15	1.76	28.80%	11.50%	15.99%
GMS	GMS INC	$3.74B	21.80%	9.00%	17.53%	17.30%	1.31	2.40	32.40%	5.50%	8.61%
LII	LENNOX INTERNATIONAL INC	$17.45B	281.40%	21.20%	43.21%	26.90%	7.10	1.43	31.80%	12.40%	16.38%
AAON	AAON INC	$6.16B	25.10%	19.10%	27.87%	33.70%	0.21	3.13	35.60%	15.40%	19.81%
AWI	ARMSTRONG WORLD INDUSTRIES INC	$4.98B	39.90%	13.90%	23.24%	23.20%	1.70	1.79	38.80%	18.00%	26.71%
SWIM	LATHAM GROUP INC	$446.11M	1.00%	0.50%	3.39%	4.10%	1.06	3.12	27.80%	0.80%	4.63%
ROCK	GIBRALTAR INDUSTRIES INC	$2.24B	12.70%	9.00%	14.67%	51.50%	0.40	2.01	26.80%	8.30%	11.26%
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$70.23M	18.70%	7.40%	9.61%	8.40%	1.51	1.71	27.50%	6.90%	6.25%
TT	TRANE TECHNOLOGIES PLC	$74.39B	32.10%	11.30%	22.05%	36.10%	1.80	1.13	33.90%	11.80%	16.01%
WMS	ADVANCED DRAINAGE SYSTEMS INC	$13.48B	48.50%	16.20%	26.78%	29.20%	1.72	2.96	39.90%	17.70%	26.36%
MAS	MASCO CORP	$15.45B	-817.80%	17.20%	35.05%	23.70%	-69.05	1.74	36.00%	11.60%	16.36%
BLDR	BUILDERS FIRSTSOURCE INC	$20.39B	31.50%	13.60%	22.19%	26.70%	1.25	2.21	34.70%	8.60%	12.18%
JBI	JANUS INTERNATIONAL GROUP INC	$2.05B	28.40%	10.60%	20.80%	27.70%	1.52	2.95	43.10%	13.10%	23.15%
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$46.50B	10.40%	3.90%	5.08%	8.80%	1.70	0.87	32.80%	6.30%	5.65%
APT	ALPHA PRO TECH LTD	$56.22M	6.90%	6.20%	7.72%	10.60%	0.18	25.37	38.20%	6.90%	8.95%
ASPN	ASPEN AEROGELS INC	$2.03B	-6.80%	-4.70%	-4.71%	-4.90%	0.42	4.01	30.20%	-10.70%	-10.39%
TREX	TREX CO INC	$9.53B	35.70%	23.60%	36.62%	35.50%	0.61	1.39	42.90%	20.60%	27.51%
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.13B	18.60%	6.20%	11.37%	13.80%	1.98	2.04	42.40%	8.90%	13.87%
TILE	INTERFACE INC	$905.09M	14.60%	4.90%	11.45%	9.00%	1.79	2.73	36.30%	4.70%	8.99%
AZEK	AZEK CO INC	$6.80B	8.40%	5.10%	9.93%	15.70%	0.68	2.99	34.50%	8.60%	14.88%
CARR	CARRIER GLOBAL CORP	$58.77B	13.70%	3.90%	6.66%	11.20%	2.50	1.36	29.20%	5.40%	9.31%
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$4.61M	-29.30%	-12.40%	-12.11%	-11.60%	0.20	2.89	10.40%	-2.80%	-2.60%
ARLO	ARLO TECHNOLOGIES INC	$1.16B	-18.60%	-6.10%	-13.95%	-28.60%	1.90	1.50	35.60%	-3.50%	-3.30%
JELD	JELD-WEN HOLDING INC	$1.34B	2.40%	0.60%	6.39%	4.60%	2.62	2.08	19.40%	0.50%	3.41%
CSTE	CAESARSTONE LTD	$220.32M	-31.80%	-18.10%	-19.63%	-16.90%	0.78	2.79	17.10%	-20.40%	-16.39%
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$8.85M	-19.50%	-17.50%	-20.24%	-26.90%	0.12	8.70	9.80%	-54.30%	-53.05%
AIRJ	MONTANA TECHNOLOGIES CORP	$236.50M	-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. 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.