Sectors & Industries Basic MaterialsBuilding Products & Equipment
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	$1.38B	$62.26	N/A	N/A	N/A	N/A	6.88%	-15.66%	N/A	N/A
NX	QUANEX BUILDING PRODUCTS CORP	$1.12B	$33.70	$38.00	12.76%	Strong Buy	1	-0.63%	N/A	N/A	N/A
CSL	CARLISLE COMPANIES INC	$17.92B	$375.30	$435.50	16.04%	Strong Buy	4	6.21%	42.55%	N/A	N/A
OC	OWENS CORNING	$14.32B	$165.22	$165.11	-0.07%	Buy	9	-0.70%	12.01%	N/A	N/A
AAON	AAON INC	$7.32B	$89.67	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ROCK	GIBRALTAR INDUSTRIES INC	$2.18B	$71.71	N/A	N/A	N/A	N/A	3.94%	N/A	18.20%	13.25%
LPX	LOUISIANA-PACIFIC CORP	$5.43B	$75.19	$76.50	1.74%	Buy	6	4.83%	130.56%	N/A	N/A
GMS	GMS INC	$3.64B	$91.32	$93.50	2.39%	Buy	6	4.06%	2.43%	21.76%	9.44%
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$44.03B	$64.61	$62.00	-4.04%	Hold	9	3.90%	28.93%	N/A	N/A
LII	LENNOX INTERNATIONAL INC	$16.67B	$467.85	$491.33	5.02%	Buy	9	5.76%	10.49%	N/A	N/A
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.08B	$115.96	$131.50	13.40%	Strong Buy	2	3.99%	19.83%	N/A	N/A
TREX	TREX CO INC	$9.69B	$89.20	$99.50	11.55%	Buy	10	12.94%	11.11%	N/A	N/A
TT	TRANE TECHNOLOGIES PLC	$67.32B	$296.49	$273.13	-7.88%	Hold	8	7.63%	-1.59%	N/A	N/A
MAS	MASCO CORP	$15.36B	$69.74	$73.25	5.03%	Buy	8	2.66%	18.78%	N/A	N/A
TILE	INTERFACE INC	$923.07M	$15.86	$17.00	7.19%	Buy	2	0.63%	98.70%	N/A	N/A
BLDR	BUILDERS FIRSTSOURCE INC	$22.76B	$186.69	$200.64	7.47%	Buy	11	5.28%	0.08%	N/A	N/A
WMS	ADVANCED DRAINAGE SYSTEMS INC	$12.44B	$160.32	$175.75	9.62%	Strong Buy	4	6.65%	19.33%	N/A	N/A
JBI	JANUS INTERNATIONAL GROUP INC	$2.21B	$15.07	$20.50	36.03%	Strong Buy	2	4.12%	-5.43%	N/A	N/A
DOOR	MASONITE INTERNATIONAL CORP	$2.89B	$131.60	$115.00	-12.61%	Buy	9	5.26%	158.29%	N/A	N/A
APT	ALPHA PRO TECH LTD	$68.54M	$5.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
JELD	JELD-WEN HOLDING INC	$1.61B	$18.80	$19.00	1.06%	Hold	8	-0.19%	N/A	N/A	N/A
ASPN	ASPEN AEROGELS INC	$1.28B	$16.64	$19.67	18.19%	Strong Buy	3	48.91%	N/A	N/A	N/A
CARR	CARRIER GLOBAL CORP	$49.20B	$54.77	$64.20	17.22%	Buy	5	11.32%	54.64%	N/A	N/A
AZEK	AZEK CO INC	$6.62B	$45.40	$51.82	14.14%	Strong Buy	11	1.97%	N/A	N/A	N/A
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$58.30M	$7.23	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.27B	$73.53	$79.33	7.89%	Buy	6	5.36%	N/A	N/A	N/A
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	$4.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$3.92M	$1.87	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ARLO	ARLO TECHNOLOGIES INC	$1.06B	$11.03	$15.00	35.99%	Strong Buy	2	8.01%	N/A	N/A	N/A
SWIM	LATHAM GROUP INC	$363.47M	$3.15	$3.03	-3.71%	Hold	3	-10.44%	N/A	N/A	N/A
CSTE	CAESARSTONE LTD	$232.40M	$6.73	$5.00	-25.71%	Hold	1	-8.52%	N/A	N/A	N/A
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$9.75M	$0.54	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AIRJ	MONTANA TECHNOLOGIES CORP	$187.74M	$10.55	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 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 44.19% over the past year, underperforming other building product & equipment stocks by -15 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 66.26% over the past year, overperforming other building product & equipment stocks by 7 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12.76% from Quanex Building Products's current stock price of $33.70.

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 72.35% over the past year, overperforming other building product & equipment stocks by 13 percentage points.

Carlisle Companies has an average 1 year price target of $435.50, an upside of 16.04% from Carlisle Companies's current stock price of $375.30.

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 2.29%, 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 1.56%, which is the same as 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 down?

Building product & equipment stocks were down -0.79% in the last day, and up 1.85% over the last week. Masco was the among the top losers in the building products & equipment industry, dropping -4.48% yesterday.

Masco shares are trading lower after the company reported mixed 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 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 66.26% in the past year. It has overperformed other stocks in the building product & equipment industry by 7 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 102.04% in the past year. It has overperformed other stocks in the building product & equipment industry by 43 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 44.06% in the past year. It has underperformed other stocks in the building product & equipment industry by -15 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 5.46% 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 26.91x.

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.