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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...
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
APOG
APOGEE ENTERPRISES INC
$1.38B$1.42B$189.23M$99.61M$4.55-1.65%0.20%-3.81%22.64%2024-06-21
CSL
CARLISLE COMPANIES INC
$18.34B$5.01B$1.35B$858.00M$17.43-5.73%1.87%8.26%22.07%
NX
QUANEX BUILDING PRODUCTS CORP
$1.10B$1.11B$152.92M$86.84M$2.64-8.92%4.36%10.00%38.39%2024-05-30
OC
OWENS CORNING
$14.57B$9.65B$2.16B$1.11B$12.49-1.03%6.52%-10.85%22.60%
LII
LENNOX INTERNATIONAL INC
$16.21B$4.98B$906.20M$616.40M$17.344.74%5.34%20.42%12.30%2024-05-16
GMS
GMS INC
$3.71B$5.39B$592.69M$295.29M$7.271.49%12.66%-7.74%43.61%2024-06-20
TT
TRANE TECHNOLOGIES PLC
$71.30B$18.23B$3.28B$2.15B$9.4411.81%9.15%21.18%10.38%2024-06-06
LPX
LOUISIANA-PACIFIC CORP
$5.26B$2.58B$385.00M$178.00M$2.47-33.03%-1.81%-82.28%-2.20%2024-05-10
AAON
AAON INC
$7.71B$1.17B$274.79M$177.62M$2.1931.47%21.91%73.81%32.32%2024-06-12
MAS
MASCO CORP
$15.10B$7.91B$1.44B$918.00M$4.09-6.43%3.62%14.25%12.10%2024-05-10
BLDR
BUILDERS FIRSTSOURCE INC
$22.48B$17.10B$2.73B$1.54B$12.06-24.77%17.22%-28.98%46.45%2024-06-04
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$68.78M$150.67M$13.25M$10.47M$1.315.68%3.16%74.67%N/A2024-06-21
ROCK
GIBRALTAR INDUSTRIES INC
$2.10B$1.38B$182.19M$114.38M$3.760.85%10.15%34.77%14.15%
AWI
ARMSTRONG WORLD INDUSTRIES INC
$4.99B$1.31B$442.80M$236.40M$5.344.01%5.78%18.93%6.49%2024-06-13
WMS
ADVANCED DRAINAGE SYSTEMS INC
$12.30B$2.84B$892.25M$500.99M$6.37-9.37%15.81%13.35%41.57%2024-05-16
TREX
TREX CO INC
$9.68B$1.09B$326.39M$205.38M$1.89-1.01%9.86%14.55%10.45%2024-05-09
TILE
INTERFACE INC
$889.31M$1.26B$141.39M$44.52M$0.77-2.81%1.35%133.33%-1.73%2024-05-13
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$40.74B$26.83B$2.42B$1.70B$2.482.83%2.51%23.38%-0.79%
DOOR
MASONITE INTERNATIONAL CORP
$2.91B$2.83B$334.11M$118.23M$5.37-2.11%5.46%-43.53%9.70%2024-05-10
JBI
JANUS INTERNATIONAL GROUP INC
$2.06B$1.07B$288.20M$135.70M$0.924.60%19.43%26.03%N/A2024-06-24
APT
ALPHA PRO TECH LTD
$67.74M$61.23M$7.09M$4.19M$0.35-1.21%5.60%34.62%6.13%2024-06-12
JELD
JELD-WEN HOLDING INC
$1.71B$4.30B$338.23M$62.45M$0.73-5.27%-0.20%37.74%-11.70%2024-05-07
ASPN
ASPEN AEROGELS INC
$1.17B$238.72M-$28.84M-$45.81M-$0.6632.35%18.00%N/AN/A2024-05-30
FBIN
FORTUNE BRANDS INNOVATIONS INC
$8.89B$4.70B$870.80M$416.30M$3.301.58%-3.32%-27.95%3.41%2024-05-07
AZEK
AZEK CO INC
$6.66B$1.39B$337.96M$119.51M$0.796.28%N/A276.19%N/A2024-05-08
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
$3.96M$63.36M$1.38M$1.42M$0.14205.21%-12.97%N/AN/A
CARR
CARRIER GLOBAL CORP
$55.07B$23.01B$2.86B$1.25B$1.479.35%N/A-51.32%N/A
ARLO
ARLO TECHNOLOGIES INC
$1.17B$491.18M-$16.20M-$22.04M-$0.240.16%1.10%N/AN/A2024-06-21
SWIM
LATHAM GROUP INC
$286.16M$566.49M$69.28M-$2.39M-$0.02-18.58%N/AN/AN/A2024-05-07
CSTE
CAESARSTONE LTD
$217.90M$565.23M-$57.44M-$107.66M-$3.13-18.18%-0.37%N/AN/A2024-05-08
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$10.22M$6.44M-$2.72M-$3.50M-$0.19-47.00%N/AN/AN/A
AIRJ
MONTANA TECHNOLOGIES CORP
$205.54M$0.00$3.00M$1.24M$0.05N/AN/AN/AN/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. Apogee Enterprises (NASDAQ:APOG)


Apogee Enterprises (NASDAQ:APOG) is the top building product & equipment stock with a Zen Score of 54, which is 16 points higher than the building product & equipment industry average of 38. It passed 19 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 47.96% over the past year, underperforming other building product & equipment stocks by -9 percentage points.

2. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the second best building product & equipment stock with a Zen Score of 54, which is 16 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 77.96% over the past year, overperforming other building product & equipment stocks by 21 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 16.18% from Carlisle Companies's current stock price of $385.18.

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.

3. Quanex Building Products (NYSE:NX)


Quanex Building Products (NYSE:NX) is the third best building product & equipment stock with a Zen Score of 51, which is 13 points higher than the building product & equipment industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Quanex Building Products has seen its stock return 70.92% over the past year, overperforming other building product & equipment stocks by 14 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 14.84% from Quanex Building Products's current stock price of $33.09.

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.

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 2.45%, which is 1 percentage points higher than the building product & equipment industry average of 1.09%. 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 1.67%, which is 1 percentage points higher than the building product & equipment industry average of 1.09%. 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 1.55%, which is the same as the building product & equipment industry average of 1.09%. 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 21.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.71% in the last day, and up 0.5% over the last week. Johnson Controls International was the among the top losers in the building products & equipment industry, dropping -7.07% yesterday.

Johnson Controls shares are trading lower after the company reported mixed Q2 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 70.92% in the past year. It has overperformed other stocks in the building product & equipment industry by 14 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Interface's stock has gained 94.9% in the past year. It has overperformed other stocks in the building product & equipment industry by 38 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 35 points higher than the building product & equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 45.85% in the past year. It has underperformed other stocks in the building product & equipment industry by -11 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 8.17% 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 28.73x.
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.