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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
LPX
LOUISIANA-PACIFIC CORP
$6.48B$2.72B$517.00M$265.00M$3.66-16.81%0.01%-56.38%9.36%
CSL
CARLISLE COMPANIES INC
$19.88B$5.01B$1.35B$858.00M$17.43-5.73%1.87%8.26%22.07%
NX
QUANEX BUILDING PRODUCTS CORP
$1.12B$1.11B$152.92M$86.84M$2.64-8.92%4.36%10.00%38.39%2024-05-30
APOG
APOGEE ENTERPRISES INC
$1.47B$1.42B$189.23M$99.61M$4.55-1.65%0.20%-3.81%22.64%2024-06-21
OC
OWENS CORNING
$15.28B$9.65B$2.16B$1.11B$12.49-1.03%6.52%-10.85%22.60%
GMS
GMS INC
$3.74B$5.39B$592.69M$295.29M$7.271.49%12.66%-7.74%43.61%2024-06-20
LII
LENNOX INTERNATIONAL INC
$17.45B$4.98B$906.20M$616.40M$17.344.74%5.34%20.42%12.30%
AAON
AAON INC
$6.16B$1.16B$280.66M$179.83M$2.2119.83%21.02%48.32%29.79%
AWI
ARMSTRONG WORLD INDUSTRIES INC
$4.98B$1.31B$442.80M$236.40M$5.344.01%5.78%18.93%6.49%2024-06-13
SWIM
LATHAM GROUP INC
$446.11M$539.40M$74.44M$4.12M$0.03-15.96%N/AN/AN/A
ROCK
GIBRALTAR INDUSTRIES INC
$2.24B$1.38B$182.19M$114.38M$3.760.85%10.15%34.77%14.15%
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$70.23M$150.67M$13.25M$10.47M$1.315.68%3.16%74.67%N/A2024-06-21
TT
TRANE TECHNOLOGIES PLC
$74.39B$18.23B$3.28B$2.15B$9.4411.81%9.15%21.18%10.38%2024-06-06
WMS
ADVANCED DRAINAGE SYSTEMS INC
$13.48B$2.87B$912.68M$509.92M$6.52-6.40%15.73%5.84%39.59%
MAS
MASCO CORP
$15.45B$7.91B$1.44B$918.00M$4.09-6.43%3.62%14.25%12.10%
BLDR
BUILDERS FIRSTSOURCE INC
$20.39B$17.11B$2.64B$1.47B$11.80-18.27%17.44%-25.51%44.24%
JBI
JANUS INTERNATIONAL GROUP INC
$2.05B$1.07B$293.66M$140.39M$0.952.61%N/A21.79%N/A
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$46.50B$26.83B$2.42B$1.70B$2.482.83%2.51%23.38%-0.79%
APT
ALPHA PRO TECH LTD
$56.22M$60.92M$7.29M$4.21M$0.364.81%5.11%89.47%2.38%2024-06-12
ASPN
ASPEN AEROGELS INC
$2.03B$287.63M-$8.69M-$30.85M-$0.4453.37%21.37%N/AN/A
TREX
TREX CO INC
$9.53B$1.23B$390.70M$253.32M$2.3322.30%12.17%66.43%16.09%
FBIN
FORTUNE BRANDS INNOVATIONS INC
$9.13B$4.70B$870.80M$416.30M$3.301.58%-3.32%-27.95%3.41%
TILE
INTERFACE INC
$905.09M$1.26B$158.47M$59.41M$1.02-3.85%0.30%1,033.33%7.51%
AZEK
AZEK CO INC
$6.80B$1.39B$337.96M$119.51M$0.796.28%N/A276.19%N/A
CARR
CARRIER GLOBAL CORP
$58.77B$23.01B$2.86B$1.25B$1.479.35%N/A-51.32%N/A
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$4.61M$70.61M-$1.79M-$1.98M-$0.8975.28%-0.02%N/AN/A
ARLO
ARLO TECHNOLOGIES INC
$1.16B$504.37M-$12.24M-$17.44M-$0.185.81%3.62%N/AN/A
JELD
JELD-WEN HOLDING INC
$1.34B$4.18B$291.29M$19.58M$0.23-8.64%-1.06%-67.61%-27.27%
CSTE
CAESARSTONE LTD
$220.32M$532.89M-$60.60M-$108.97M-$3.16-20.58%-1.27%N/AN/A
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$8.85M$6.44M-$2.72M-$3.50M-$0.19-47.00%N/AN/AN/A
AIRJ
MONTANA TECHNOLOGIES CORP
$236.50M$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. Louisiana Pacific (NYSE:LPX)


Louisiana Pacific (NYSE:LPX) is the top building product & equipment stock with a Zen Score of 56, which is 19 points higher than the building product & equipment industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Louisiana Pacific has seen its stock return 44.35% over the past year, underperforming other building product & equipment stocks by -17 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -6.49% from Louisiana Pacific's current stock price of $90.42.

Louisiana Pacific stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Louisiana Pacific, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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 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 98.58% over the past year, overperforming other building product & equipment stocks by 37 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 7.15% from Carlisle Companies's current stock price of $417.63.

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 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 65.35% over the past year, overperforming other building product & equipment stocks by 4 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 12% from Quanex Building Products's current stock price of $33.93.

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 2.14%, which is 1 percentage points higher than the building product & equipment industry average of 0.99%. 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 1.63%, which is 1 percentage points higher than the building product & equipment industry average of 0.99%. 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. Fortune Brands Innovations (NYSE:FBIN)


Fortune Brands Innovations (NYSE:FBIN) has an annual dividend yield of 1.27%, which is the same as the building product & equipment industry average of 0.99%. 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 28.2% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.42% in the last day, and down -0.38% over the last week.

We couldn't find a catalyst for why building product & equipment stocks are up.

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. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings 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.

Perma Pipe International Holdings's stock has dropped -15.93% in the past year. It has underperformed other stocks in the building product & equipment industry by -77 percentage points.

2. Quanex Building Products (NYSE:NX)


Quanex Building Products (NYSE:NX) is the second 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 65.35% in the past year. It has overperformed other stocks in the building product & equipment industry by 4 percentage points.

3. Latham Group (NASDAQ:SWIM)


Latham Group (NASDAQ:SWIM) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Latham Group 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.

Latham Group's stock has gained 12.7% in the past year. It has underperformed other stocks in the building product & equipment industry by -49 percentage points.

Are building product & equipment stocks a good buy now?

47.83% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 5.52% 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 29.88x.
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.