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Best Building Product & Equipment Stocks to Buy Now (2022)
Top building product & equipment stocks in 2022 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...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ROCK
GIBRALTAR INDUSTRIES INC
$1.57B$50.61$59.0016.58%Strong Buy13.85%21.45%20.08%12.77%
DOOR
MASONITE INTERNATIONAL CORP
$1.68B$75.27$103.8337.95%Strong Buy62.54%30.17%45.07%13.91%
BLDR
BUILDERS FIRSTSOURCE INC
$9.41B$63.93$88.2738.08%Buy12-4.85%-18.34%34.00%15.40%
PATK
PATRICK INDUSTRIES INC
$1.27B$55.93$65.6717.41%Buy6-0.01%-12.57%26.98%8.82%
APOG
APOGEE ENTERPRISES INC
$1.07B$48.25$43.00-10.88%Hold11.44%17.15%25.46%9.57%
IBP
INSTALLED BUILDING PRODUCTS INC
$2.43B$84.93$96.2213.30%Hold113.50%26.57%51.33%13.31%
SSD
SIMPSON MANUFACTURING CO INC
$3.96B$93.05$121.0030.04%Buy3N/A-8.47%21.40%11.43%
WMS
ADVANCED DRAINAGE SYSTEMS INC
$8.06B$97.26$147.4051.55%Strong Buy54.18%11.84%61.60%20.13%
TGLS
TECNOGLASS INC
$1.38B$29.00$33.0013.79%Strong Buy25.34%8.75%53.78%24.75%
OC
OWENS CORNING
$8.30B$88.84$92.153.73%Hold142.40%-6.77%28.18%12.20%
CSL
CARLISLE COMPANIES INC
$13.61B$263.11$345.0031.12%Buy34.09%13.55%39.56%15.56%
NX
QUANEX BUILDING PRODUCTS CORP
$787.48M$23.77$31.0030.42%Buy2N/AN/AN/AN/A
BXC
BLUELINX HOLDINGS INC
$627.06M$69.40$109.0057.06%Strong Buy3-1.98%-17.27%24.40%8.87%
BECN
BEACON ROOFING SUPPLY INC
$3.80B$58.39$64.5710.59%Hold80.01%4.49%27.34%8.10%
SWIM
LATHAM GROUP INC
$404.07M$3.45$7.10105.80%Buy50.58%223.96%21.48%9.29%
PGTI
PGT INNOVATIONS INC
$1.19B$19.79$24.0021.27%Buy20.26%5.16%14.96%5.73%
MAS
MASCO CORP
$11.45B$50.78$56.8311.92%Buy121.01%8.68%-210.91%24.02%
CSTE
CAESARSTONE LTD
$216.19M$6.27$15.50147.21%Buy22.78%135.14%7.54%4.40%
LPX
LOUISIANA-PACIFIC CORP
$4.57B$63.80$70.8010.97%Hold5-10.21%-30.13%41.09%23.47%
AWI
ARMSTRONG WORLD INDUSTRIES INC
$3.49B$76.41$99.0029.56%Strong Buy75.18%17.05%53.36%15.99%
GMS
GMS INC
$2.08B$49.10$58.8619.87%Buy70.12%2.35%28.92%10.26%
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$78.47M$9.80N/AN/AN/AN/AN/AN/AN/AN/A
AAON
AAON INC
$4.22B$79.26$72.50-8.53%Strong Buy2N/A25.00%25.90%17.26%
JELD
JELD-WEN HOLDING INC
$872.05M$10.34$13.0025.73%Hold12-1.38%181.36%23.75%4.11%
TREX
TREX CO INC
$5.04B$45.89$69.4651.37%Buy14-3.30%6.64%41.41%27.37%
CARR
CARRIER GLOBAL CORP
$37.06B$44.32$46.184.20%Buy122.04%-22.67%31.92%9.01%
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$3.14M$0.51N/AN/AN/AN/AN/AN/AN/AN/A
APT
ALPHA PRO TECH LTD
$50.69M$4.05N/AN/AN/AN/AN/AN/AN/AN/A
AZEK
AZEK CO INC
$2.92B$19.34$25.3831.20%Strong Buy20N/AN/AN/AN/A
JBI
JANUS INTERNATIONAL GROUP INC
$1.61B$10.95$15.0036.99%Buy60.47%17.73%37.80%10.21%
VIEW
VIEW INC
$309.95M$1.40N/AN/AHold160.20%N/A-16.93%-10.75%
ASPN
ASPEN AEROGELS INC
$493.37M$12.06$40.71237.60%Strong Buy737.00%N/A24.45%11.57%
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$31.06M$1.72N/AN/AN/AN/AN/AN/AN/AN/A

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Dec 2022?

According to Zen Score, the 3 best building product & equipment stocks to buy right now are:

1. Gibraltar Industries (NASDAQ:ROCK)


Gibraltar Industries (NASDAQ:ROCK) is the top building product & equipment stock with a Zen Score of 62, which is 18 points higher than the building product & equipment industry average of 44. It passed 20 out of 33 due diligence checks and has strong fundamentals. Gibraltar Industries has seen its stock lose -25.46% over the past year, underperforming other building product & equipment stocks by -6 percentage points.

Gibraltar Industries has an average 1 year price target of $59.00, an upside of 16.58% from Gibraltar Industries's current stock price of $50.61.

Gibraltar Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Gibraltar Industries, 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.

2. Builders Firstsource (NYSE:BLDR)


Builders Firstsource (NYSE:BLDR) is the second best building product & equipment stock with a Zen Score of 58, which is 14 points higher than the building product & equipment industry average of 44. It passed 19 out of 33 due diligence checks and has strong fundamentals. Builders Firstsource has seen its stock lose -7.93% over the past year, overperforming other building product & equipment stocks by 11 percentage points.

Builders Firstsource has an average 1 year price target of $88.27, an upside of 38.08% from Builders Firstsource's current stock price of $63.93.

Builders Firstsource stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Builders Firstsource, 41.67% have issued a Strong Buy rating, 25% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Masonite International (NYSE:DOOR)


Masonite International (NYSE:DOOR) is the third best building product & equipment stock with a Zen Score of 58, which is 14 points higher than the building product & equipment industry average of 44. It passed 19 out of 33 due diligence checks and has strong fundamentals. Masonite International has seen its stock lose -29.65% over the past year, underperforming other building product & equipment stocks by -11 percentage points.

Masonite International has an average 1 year price target of $103.83, an upside of 37.95% from Masonite International's current stock price of $75.27.

Masonite International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Masonite International, 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.

What are the building product & equipment stocks with highest dividends?

Out of 15 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. Caesarstone (NASDAQ:CSTE)


Caesarstone (NASDAQ:CSTE) has an annual dividend yield of 3.99%, which is 2 percentage points higher than the building product & equipment industry average of 1.6%. Caesarstone's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Caesarstone's dividend has not shown consistent growth over the last 10 years.

Caesarstone's dividend payout ratio of 94.6% indicates that its dividend yield might not be sustainable for the long-term.

2. Patrick Industries (NASDAQ:PATK)


Patrick Industries (NASDAQ:PATK) has an annual dividend yield of 2.57%, which is 1 percentage points higher than the building product & equipment industry average of 1.6%. Patrick Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Patrick Industries's dividend has shown consistent growth over the last 10 years.

Patrick Industries's dividend payout ratio of 8.5% indicates that its dividend yield is sustainable for the long-term.

3. Installed Building Products (NYSE:IBP)


Installed Building Products (NYSE:IBP) has an annual dividend yield of 2.53%, which is 1 percentage points higher than the building product & equipment industry average of 1.6%.

Installed Building Products's dividend payout ratio of 33.7% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 2.19% in the last day, and up 1.04% over the last week. Azek Co was the among the top gainers in the building products & equipment industry, gaining 8.96% yesterday.

Shares of several companies in the broader industrials sector are trading higher following comments from Fed Chair Powell on the labor market. Powell said the Fed could slow the pace of rate hikes as soon as the December FOMC meeting but that there is a long way to go in bringing inflation down.

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. Caesarstone (NASDAQ:CSTE)


Caesarstone (NASDAQ:CSTE) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Caesarstone has a valuation score of 86, which is 47 points higher than the building product & equipment industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Caesarstone's stock has dropped -43.87% in the past year. It has underperformed other stocks in the building product & equipment industry by -25 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 32 points higher than the building product & equipment industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 11.23% in the past year. It has overperformed other stocks in the building product & equipment industry by 30 percentage points.

3. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 32 points higher than the building product & equipment industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has gained 12.17% in the past year. It has overperformed other stocks in the building product & equipment industry by 31 percentage points.

Are building product & equipment stocks a good buy now?

44.83% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 26.35% 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 14.1x.
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.