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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
APOG
APOGEE ENTERPRISES INC
$1.28B1.67%20.10%$0.2500$0.9733%0
OC
OWENS CORNING
$13.93B1.40%16.30%$0.6000$2.2427%0
NX
QUANEX BUILDING PRODUCTS CORP
$1.15B0.92%12.10%$0.0800$0.3216%0
CSL
CARLISLE COMPANIES INC
$17.54B0.90%21.50%$0.8500$3.3016%0
AAON
AAON INC
$6.97B0.37%14.60%$0.0800$0.325%1
ROCK
GIBRALTAR INDUSTRIES INC
$2.17BN/A0.00%N/AN/AN/AN/A
LII
LENNOX INTERNATIONAL INC
$16.27B0.96%26.20%$1.1000$4.4017%0
LPX
LOUISIANA-PACIFIC CORP
$5.21B1.36%38.90%$0.2600$0.9826%0
GMS
GMS INC
$3.59BN/A0.00%N/AN/AN/AN/A
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$43.38B2.32%47.70%$0.3700$1.4845%1
AWI
ARMSTRONG WORLD INDUSTRIES INC
$4.99B0.94%20.80%$0.2800$1.0716%0
TILE
INTERFACE INC
$866.03M0.27%5.20%$0.0100$0.043%1
BLDR
BUILDERS FIRSTSOURCE INC
$21.59BN/A0.00%N/AN/AN/AN/A
TREX
TREX CO INC
$9.50BN/A0.00%N/AN/AN/AN/A
TT
TRANE TECHNOLOGIES PLC
$65.46B1.07%33.90%$0.8400$3.0919%02024-06-072024-06-28
MAS
MASCO CORP
$15.80B1.59%28.30%$0.2900$1.1531%0
WMS
ADVANCED DRAINAGE SYSTEMS INC
$12.07B0.36%8.50%$0.1400$0.565%1
JBI
JANUS INTERNATIONAL GROUP INC
$2.22BN/A0.00%N/AN/AN/AN/A
DOOR
MASONITE INTERNATIONAL CORP
$2.88BN/A0.00%N/AN/AN/AN/A
APT
ALPHA PRO TECH LTD
$70.61MN/A0.00%N/AN/AN/AN/A
JELD
JELD-WEN HOLDING INC
$1.57BN/A0.00%N/AN/AN/AN/A
ASPN
ASPEN AEROGELS INC
$1.15BN/A0.00%N/AN/AN/AN/A
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$57.90MN/A0.00%N/AN/AN/AN/A
AZEK
AZEK CO INC
$6.52BN/A0.00%N/AN/AN/AN/A
CARR
CARRIER GLOBAL CORP
$48.09BN/A34.50%$0.1500N/AN/A0
FBIN
FORTUNE BRANDS INNOVATIONS INC
$9.27B1.27%29.20%$0.2400$0.9324%1
MTEN
MINGTENG INTERNATIONAL CORP INC
N/AN/A0.00%N/AN/AN/AN/A
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$4.34MN/A0.00%$3.1200N/AN/A0
ARLO
ARLO TECHNOLOGIES INC
$1.01BN/A0.00%N/AN/AN/AN/A
SWIM
LATHAM GROUP INC
$354.24MN/A0.00%N/AN/AN/AN/A
CSTE
CAESARSTONE LTD
$196.49MN/A0.00%$0.2500N/AN/A3
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
$8.49MN/A0.00%N/AN/AN/AN/A
AIRJ
MONTANA TECHNOLOGIES CORP
$183.30MN/A0.00%N/AN/AN/AN/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 52, which is 15 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 31.64% over the past year, underperforming other building product & equipment stocks by -24 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 66.06% over the past year, overperforming other building product & equipment stocks by 10 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 9.7% from Quanex Building Products's current stock price of $34.64.

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. Owens Corning (NYSE:OC)


Owens Corning (NYSE:OC) 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. Owens Corning has seen its stock return 58.49% over the past year, overperforming other building product & equipment stocks by 3 percentage points.

Owens Corning has an average 1 year price target of $165.11, an upside of 3.12% from Owens Corning's current stock price of $160.11.

Owens Corning stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Owens Corning, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% 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 2.32%, which is 1 percentage points higher than the building product & equipment industry average of 1.1%. 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. Apogee Enterprises (NASDAQ:APOG)


Apogee Enterprises (NASDAQ:APOG) has an annual dividend yield of 1.67%, which is 1 percentage points higher than the building product & equipment industry average of 1.1%. 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.

3. Masco (NYSE:MAS)


Masco (NYSE:MAS) has an annual dividend yield of 1.59%, which is the same as the building product & equipment industry average of 1.1%. 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 28.3% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.39% in the last day, and down -3.24% over the last week.

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

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. Interface (NASDAQ:TILE)


Interface (NASDAQ:TILE) is the 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 86.23% in the past year. It has overperformed other stocks in the building product & equipment industry by 30 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 66.06% in the past year. It has overperformed other stocks in the building product & equipment industry by 10 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 44.31% in the past year. It has underperformed other stocks in the building product & equipment industry by -12 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 7.84% 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 26.36x.
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