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Best Building Product & Equipment Stocks to Buy Now (2023)
Top building product & equipment stocks in 2023 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
AWI
ARMSTRONG WORLD INDUSTRIES INC
$3.18B$1.27B$396.70M$213.80M$4.717.37%6.48%17.46%15.12%2023-10-23
APOG
APOGEE ENTERPRISES INC
$1.02B$1.45B$179.19M$104.95M$4.807.52%0.78%566.67%11.54%
ROCK
GIBRALTAR INDUSTRIES INC
$2.03B$1.36B$155.15M$89.47M$2.90-1.82%6.10%16.47%3.69%2023-11-01
LPX
LOUISIANA-PACIFIC CORP
$4.00B$2.75B$410.00M$219.00M$3.35-33.69%-1.25%-79.92%-0.47%2023-10-30
CSL
CARLISLE COMPANIES INC
$12.57B$5.95B$1.27B$725.20M$14.12-0.16%7.16%-3.68%7.02%2023-10-25
DOOR
MASONITE INTERNATIONAL CORP
$2.04B$2.87B$381.57M$174.87M$7.913.43%6.35%29.89%7.58%2023-11-06
OC
OWENS CORNING
$12.09B$9.71B$2.37B$1.32B$14.314.49%7.30%26.19%39.18%2023-10-24
BLDR
BUILDERS FIRSTSOURCE INC
$15.38B$18.53B$3.13B$1.86B$13.24-18.55%20.00%-10.05%82.72%2023-11-06
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$35.64B$26.61B$2.69B$2.06B$3.006.59%8.11%101.34%4.30%2023-11-01
WMS
ADVANCED DRAINAGE SYSTEMS INC
$8.97B$2.93B$871.81M$493.59M$6.10-2.63%16.63%33.19%37.75%2023-11-01
AAON
AAON INC
$4.65B$1.05B$222.97M$148.87M$1.8557.12%19.68%162.09%26.46%2023-11-06
GMS
GMS INC
$2.56B$5.38B$636.15M$330.35M$7.978.62%15.23%13.53%42.01%
JBI
JANUS INTERNATIONAL GROUP INC
$1.56B$1.06B$271.73M$128.08M$0.8718.26%N/A70.59%N/A2023-11-08
NX
QUANEX BUILDING PRODUCTS CORP
$924.61M$1.14B$141.73M$79.79M$2.43-5.23%5.41%-5.08%22.25%
LII
LENNOX INTERNATIONAL INC
$13.10B$4.80B$815.80M$551.50M$15.558.97%3.95%19.62%14.77%2023-10-25
MAS
MASCO CORP
$11.83B$8.23B$1.33B$801.00M$3.56-6.22%5.21%-1.39%13.26%2023-10-26
TT
TRANE TECHNOLOGIES PLC
$45.25B$16.82B$2.87B$1.88B$8.1813.35%2.27%29.23%8.03%2023-11-01
PGTI
PGT INNOVATIONS INC
$1.58B$1.49B$228.95M$104.78M$1.768.65%21.14%60.00%9.27%2023-11-08
FBIN
FORTUNE BRANDS INNOVATIONS INC
$7.72B$5.39B$951.80M$500.80M$3.90-3.76%-0.09%-30.11%4.90%2023-10-24
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$63.30M$139.14M$14.49M$4.86M$0.63-2.39%3.69%14.55%N/A
TREX
TREX CO INC
$6.62B$975.82M$242.38M$142.67M$1.32-28.53%8.79%-41.85%5.60%2023-10-30
TILE
INTERFACE INC
$560.15M$1.29B$93.53M$4.53M$0.080.13%4.22%-92.45%-39.66%2023-11-02
APT
ALPHA PRO TECH LTD
$49.56M$56.86M$4.65M$2.77M$0.24-9.32%4.54%-14.29%3.71%2023-11-06
CARR
CARRIER GLOBAL CORP
$45.70B$21.82B$3.42B$2.15B$2.587.29%N/A-19.88%N/A2023-10-25
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$5.57M$63.36M$1.38M$1.42M$0.14205.21%-12.97%N/AN/A
AZEK
AZEK CO INC
$4.39B$1.29B$200.70M$20.54M$0.14-7.94%N/A-81.82%N/A2023-11-27
ASPN
ASPEN AEROGELS INC
$557.45M$190.06M-$59.83M-$71.42M-$1.2830.27%11.90%N/AN/A2023-10-24
VIEW
VIEW INC
$28.84M$114.38M-$262.46M-$295.48M-$78.3141.84%N/AN/AN/A2023-11-06
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$16.07M$12.16M-$1.21M-$1.66M-$0.11-3.07%N/AN/AN/A
ARLO
ARLO TECHNOLOGIES INC
$971.59M$472.76M-$52.05M-$58.20M-$0.65-5.02%1.39%N/AN/A2023-11-06
SWIM
LATHAM GROUP INC
$304.33M$612.17M$64.71M-$15.81M-$0.15-12.45%N/AN/AN/A2023-11-08
CSTE
CAESARSTONE LTD
$147.03M$634.41M-$91.17M-$130.68M-$3.80-7.40%1.53%N/AN/A2023-11-07
JELD
JELD-WEN HOLDING INC
$1.13B$4.98B$313.07M$53.84M$0.634.01%4.02%-55.00%27.09%2023-10-30

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Oct 2023?

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

1. Armstrong World Industries (NYSE:AWI)


Armstrong World Industries (NYSE:AWI) is the top building product & equipment stock with a Zen Score of 57, which is 19 points higher than the building product & equipment industry average of 38. It passed 22 out of 38 due diligence checks and has strong fundamentals. Armstrong World Industries has seen its stock lose -12.42% over the past year, underperforming other building product & equipment stocks by -31 percentage points.

Armstrong World Industries has an average 1 year price target of $79.40, an upside of 11.63% from Armstrong World Industries's current stock price of $71.13.

Armstrong World Industries stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Armstrong World Industries, 20% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 20% 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 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 14.92% over the past year, underperforming other building product & equipment stocks by -4 percentage points.

Apogee Enterprises has an average 1 year price target of $46.00, a downside of -0.3% from Apogee Enterprises's current stock price of $46.14.

Apogee Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Apogee Enterprises, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Gibraltar Industries (NASDAQ:ROCK)


Gibraltar Industries (NASDAQ:ROCK) is the third best building product & equipment stock with a Zen Score of 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 18 out of 33 due diligence checks and has strong fundamentals. Gibraltar Industries has seen its stock return 61.54% over the past year, overperforming other building product & equipment stocks by 43 percentage points.

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. Fortune Brands Innovations (NYSE:FBIN)


Fortune Brands Innovations (NYSE:FBIN) has an annual dividend yield of 15.09%, which is 13 percentage points higher than the building product & equipment industry average of 2.23%. 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 236.7% indicates that its high dividend yield might not be sustainable for the long-term.

2. Johnson Controls International (NYSE:JCI)


Johnson Controls International (NYSE:JCI) has an annual dividend yield of 2.77%, which is 1 percentage points higher than the building product & equipment industry average of 2.23%. 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.

3. Masco (NYSE:MAS)


Masco (NYSE:MAS) has an annual dividend yield of 2.16%, which is the same as the building product & equipment industry average of 2.23%. 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 31.7% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -1.53% in the last day, and down -1.49% over the last week. Antelope Enterprise Holdings was the among the top losers in the building products & equipment industry, dropping -14.19% yesterday.

Antelope Enterprise Holdings shares are trading lower. The company reported H1 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. Masonite International (NYSE:DOOR)


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

Masonite International's stock has gained 26.08% in the past year. It has overperformed other stocks in the building product & equipment industry by 7 percentage points.

2. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Carlisle Companies has a valuation score of 57, which is 25 points higher than the building product & equipment industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Carlisle Companies's stock has dropped -13.12% in the past year. It has underperformed other stocks in the building product & equipment industry by -32 percentage points.

3. Apogee Enterprises (NASDAQ:APOG)


Apogee Enterprises (NASDAQ:APOG) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Apogee Enterprises has a valuation score of 57, which is 25 points higher than the building product & equipment industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Apogee Enterprises's stock has gained 14.92% in the past year. It has underperformed other stocks in the building product & equipment industry by -4 percentage points.

Are building product & equipment stocks a good buy now?

42.31% of building product & equipment stocks rated by analysts are a strong buy right now. On average, analysts expect building product & equipment stocks to rise by 16.85% 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 22.9x.
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