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

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
CSL	CARLISLE COMPANIES INC	$19.30B	$5.01B	$1.35B	$858.00M	$17.43	-5.73%	1.87%	8.26%	22.07%
NX	QUANEX BUILDING PRODUCTS CORP	$1.15B	$1.11B	$152.92M	$86.84M	$2.64	-8.92%	4.36%	10.00%	38.39%	2024-05-30
APOG	APOGEE ENTERPRISES INC	$1.44B	$1.42B	$189.23M	$99.61M	$4.55	-1.65%	0.20%	-3.81%	22.64%	2024-06-21
LII	LENNOX INTERNATIONAL INC	$16.79B	$4.98B	$906.20M	$616.40M	$17.34	4.74%	5.34%	20.42%	12.30%	2024-05-16
GMS	GMS INC	$3.76B	$5.39B	$592.69M	$295.29M	$7.27	1.49%	12.66%	-7.74%	43.61%	2024-06-20
LPX	LOUISIANA-PACIFIC CORP	$5.27B	$2.58B	$385.00M	$178.00M	$2.47	-33.03%	-1.81%	-82.28%	-2.20%	2024-05-10
DOOR	MASONITE INTERNATIONAL CORP	$2.92B	$2.77B	$375.90M	$140.79M	$6.43	-4.09%	4.91%	-22.72%	18.17%
OC	OWENS CORNING	$15.17B	$9.65B	$2.16B	$1.11B	$12.49	-1.03%	6.52%	-10.85%	22.60%
AAON	AAON INC	$6.45B	$1.16B	$280.66M	$179.83M	$2.21	19.83%	21.02%	48.32%	29.79%
TREX	TREX CO INC	$10.05B	$1.09B	$326.39M	$205.38M	$1.89	-1.01%	9.86%	14.55%	10.45%	2024-05-09
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$73.35M	$150.67M	$13.25M	$10.47M	$1.31	5.68%	3.16%	74.67%	N/A	2024-06-21
BLDR	BUILDERS FIRSTSOURCE INC	$19.85B	$17.11B	$2.64B	$1.47B	$11.80	-18.27%	17.44%	-25.51%	44.24%
TT	TRANE TECHNOLOGIES PLC	$73.77B	$18.23B	$3.28B	$2.15B	$9.44	11.81%	9.15%	21.18%	10.38%	2024-06-06
ROCK	GIBRALTAR INDUSTRIES INC	$2.23B	$1.38B	$182.19M	$114.38M	$3.76	0.85%	10.15%	34.77%	14.15%
TILE	INTERFACE INC	$942.95M	$1.26B	$158.47M	$59.41M	$1.02	-3.85%	0.30%	1,033.33%	7.51%
AWI	ARMSTRONG WORLD INDUSTRIES INC	$5.09B	$1.31B	$442.80M	$236.40M	$5.34	4.01%	5.78%	18.93%	6.49%	2024-06-13
WMS	ADVANCED DRAINAGE SYSTEMS INC	$13.05B	$2.84B	$892.25M	$500.99M	$6.37	-9.37%	15.81%	13.35%	41.57%	2024-05-16
MAS	MASCO CORP	$15.57B	$7.91B	$1.44B	$918.00M	$4.09	-6.43%	3.62%	14.25%	12.10%	2024-05-10
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$43.43B	$26.83B	$2.42B	$1.70B	$2.48	2.83%	2.51%	23.38%	-0.79%
JBI	JANUS INTERNATIONAL GROUP INC	$1.97B	$1.07B	$288.20M	$135.70M	$0.92	4.60%	19.43%	26.03%	N/A	2024-05-09
APT	ALPHA PRO TECH LTD	$70.15M	$61.23M	$7.09M	$4.19M	$0.35	-1.21%	5.60%	34.62%	6.13%
ASPN	ASPEN AEROGELS INC	$2.00B	$287.63M	-$8.69M	-$30.85M	-$0.44	53.37%	21.37%	N/A	N/A
AZEK	AZEK CO INC	$6.73B	$1.39B	$337.96M	$119.51M	$0.79	6.28%	N/A	276.19%	N/A	2024-05-08
FBIN	FORTUNE BRANDS INNOVATIONS INC	$9.11B	$4.70B	$870.80M	$416.30M	$3.30	1.58%	-3.32%	-27.95%	3.41%
MTEN	MINGTENG INTERNATIONAL CORP INC	N/A	$7.75M	$2.44M	$1.71M	$0.34	-4.22%	N/A	-17.07%	N/A
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	$4.11M	$63.36M	$1.38M	$1.42M	$0.14	205.21%	-12.97%	N/A	N/A
CARR	CARRIER GLOBAL CORP	$57.90B	$23.01B	$2.86B	$1.25B	$1.47	9.35%	N/A	-51.32%	N/A
ARLO	ARLO TECHNOLOGIES INC	$1.34B	$491.18M	-$16.20M	-$22.04M	-$0.24	0.16%	1.10%	N/A	N/A	2024-05-09
SWIM	LATHAM GROUP INC	$345.01M	$566.49M	$69.28M	-$2.39M	-$0.02	-18.58%	N/A	N/A	N/A
JELD	JELD-WEN HOLDING INC	$1.23B	$4.18B	$291.29M	$19.58M	$0.23	-8.64%	-1.06%	-67.61%	-27.27%
CSTE	CAESARSTONE LTD	$228.26M	$565.23M	-$57.44M	-$107.66M	-$3.13	-18.18%	-0.37%	N/A	N/A	2024-05-08
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$8.87M	$6.44M	-$2.72M	-$3.50M	-$0.19	-47.00%	N/A	N/A	N/A
AIRJ	MONTANA TECHNOLOGIES CORP	$215.33M	$0.00	$3.00M	$1.24M	$0.05	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 May 2024?

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

1. Carlisle Companies (NYSE:CSL)

Carlisle Companies (NYSE:CSL) is the top 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 91.37% over the past year, overperforming other building product & equipment stocks by 33 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 10.34% from Carlisle Companies's current stock price of $405.55.

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.

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 74.85% over the past year, overperforming other building product & equipment stocks by 16 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 9.54% from Quanex Building Products's current stock price of $34.69.

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. Apogee Enterprises (NASDAQ:APOG)

Apogee Enterprises (NASDAQ:APOG) is the third best building product & equipment stock with a Zen Score of 50, which is 13 points higher than the building product & equipment industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 63.73% over the past year, overperforming other building product & equipment stocks by 5 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. 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 1.02%. 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 1.62%, which is 1 percentage points higher than the building product & equipment industry average of 1.02%. 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. Louisiana Pacific (NYSE:LPX)

Louisiana Pacific (NYSE:LPX) has an annual dividend yield of 1.34%, which is the same as the building product & equipment industry average of 1.02%. Louisiana Pacific's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Louisiana Pacific's dividend has shown consistent growth over the last 10 years.

Louisiana Pacific's dividend payout ratio of 38.9% 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 up 1.54% over the last week. Jeld Wen Holding was the among the top losers in the building products & equipment industry, dropping -24.68% yesterday.

JELD-WEN shares are trading lower after the company lowered its 2024 revenue guidance.

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 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 74.85% in the past year. It has overperformed other stocks in the building product & equipment industry by 16 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 37 points higher than the building product & equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 127.39% in the past year. It has overperformed other stocks in the building product & equipment industry by 69 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 37 points higher than the building product & equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 42.77% in the past year. It has underperformed other stocks in the building product & equipment industry by -16 percentage points.

Are building product & equipment stocks a good buy now?

54.17% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 6.16% 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 29.36x.

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.