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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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
APOG	APOGEE ENTERPRISES INC	$1.35B	$61.32	N/A	N/A	N/A	N/A	6.88%	-15.66%	N/A	N/A
NX	QUANEX BUILDING PRODUCTS CORP	$1.11B	$33.66	$38.00	12.89%	Strong Buy	1	-0.63%	N/A	N/A	N/A
LII	LENNOX INTERNATIONAL INC	$16.94B	$475.50	$508.58	6.96%	Buy	12	5.76%	10.49%	N/A	N/A
OC	OWENS CORNING	$14.30B	$165.04	$172.60	4.58%	Buy	10	-0.70%	12.01%	N/A	N/A
CSL	CARLISLE COMPANIES INC	$18.24B	$382.03	$435.50	14.00%	Strong Buy	4	6.21%	42.55%	N/A	N/A
LPX	LOUISIANA-PACIFIC CORP	$5.41B	$74.82	$76.50	2.25%	Buy	6	4.83%	130.56%	N/A	N/A
ROCK	GIBRALTAR INDUSTRIES INC	$2.16B	$71.11	N/A	N/A	N/A	N/A	3.94%	N/A	18.20%	13.25%
GMS	GMS INC	$3.70B	$92.85	$93.50	0.70%	Buy	6	4.06%	2.43%	21.76%	9.44%
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$43.92B	$64.45	$62.00	-3.80%	Hold	9	3.90%	28.93%	N/A	N/A
TREX	TREX CO INC	$9.71B	$89.41	$99.50	11.29%	Buy	10	12.94%	11.11%	N/A	N/A
AAON	AAON INC	$7.33B	$89.90	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.07B	$115.76	$131.50	13.60%	Strong Buy	2	3.99%	19.83%	N/A	N/A
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.52B	$161.34	$175.75	8.93%	Strong Buy	4	6.65%	19.33%	N/A	N/A
TILE	INTERFACE INC	$891.06M	$15.31	$17.00	11.04%	Buy	2	0.63%	98.70%	N/A	N/A
BLDR	BUILDERS FIRSTSOURCE INC	$22.59B	$185.26	$200.64	8.30%	Buy	11	5.28%	0.08%	N/A	N/A
TT	TRANE TECHNOLOGIES PLC	$67.98B	$299.37	$273.13	-8.77%	Hold	8	7.63%	-1.59%	N/A	N/A
MAS	MASCO CORP	$15.39B	$69.87	$73.70	5.48%	Buy	10	2.66%	18.78%	N/A	N/A
JBI	JANUS INTERNATIONAL GROUP INC	$2.13B	$14.48	$20.50	41.57%	Strong Buy	2	4.12%	-5.43%	N/A	N/A
DOOR	MASONITE INTERNATIONAL CORP	$2.89B	$131.75	$115.00	-12.71%	Buy	9	5.26%	158.29%	N/A	N/A
APT	ALPHA PRO TECH LTD	$70.38M	$6.14	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ASPN	ASPEN AEROGELS INC	$1.20B	$15.71	$19.67	25.19%	Strong Buy	3	48.91%	N/A	N/A	N/A
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$57.82M	$7.17	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
JELD	JELD-WEN HOLDING INC	$1.79B	$20.97	$19.00	-9.39%	Hold	8	-0.19%	N/A	N/A	N/A
CARR	CARRIER GLOBAL CORP	$53.89B	$59.81	$64.20	7.34%	Buy	5	9.10%	64.75%	N/A	N/A
AZEK	AZEK CO INC	$6.64B	$45.56	$51.82	13.74%	Strong Buy	11	1.97%	N/A	N/A	N/A
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.24B	$73.22	$79.33	8.35%	Buy	6	5.36%	N/A	N/A	N/A
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	$3.99	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$4.15M	$1.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ARLO	ARLO TECHNOLOGIES INC	$1.08B	$11.21	$15.00	33.81%	Strong Buy	2	8.01%	N/A	N/A	N/A
SWIM	LATHAM GROUP INC	$350.77M	$3.04	$3.03	-0.23%	Hold	3	-10.44%	N/A	N/A	N/A
CSTE	CAESARSTONE LTD	$216.52M	$6.27	$5.00	-20.26%	Hold	1	-8.52%	N/A	N/A	N/A
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$10.17M	$0.56	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AIRJ	MONTANA TECHNOLOGIES CORP	$215.33M	$12.10	N/A	N/A	N/A	N/A	N/A	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 57, which is 20 points higher than the building product & equipment industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 45.03% over the past year, underperforming other building product & equipment stocks by -18 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 72% over the past year, overperforming other building product & equipment stocks by 9 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12.89% from Quanex Building Products's current stock price of $33.66.

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. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the third best building product & equipment stock with a Zen Score of 49, which is 12 points higher than the building product & equipment industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 78.86% over the past year, overperforming other building product & equipment stocks by 16 percentage points.

Carlisle Companies has an average 1 year price target of $435.50, an upside of 14% from Carlisle Companies's current stock price of $382.03.

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.

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 2.3%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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. Masco (NYSE:MAS)

Masco (NYSE:MAS) has an annual dividend yield of 1.64%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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 1.58%, which is 1 percentage points higher than the building product & equipment industry average of 1.08%. 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.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.81% in the last day, and up 2.89% over the last week. Carrier Global was the among the top gainers in the building products & equipment industry, gaining 9.2% yesterday.

Carrier Global shares are trading higher, rebounding from earlier weakness following Q1 earnings.

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 72% in the past year. It has overperformed other stocks in the building product & equipment industry by 9 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 102.78% in the past year. It has overperformed other stocks in the building product & equipment industry by 40 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 46.71% in the past year. It has underperformed other stocks in the building product & equipment industry by -17 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 5.51% 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 28.31x.

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.