WallStreetZenWallStreetZen

Sectors & IndustriesBasic 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...
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
APOG
APOGEE ENTERPRISES INC
United States
$1.39B21,933,16390.11%9.89%Net SellingNet Selling
OC
OWENS CORNING
United States
$13.72B86,948,36060.34%39.66%Net SellingNet Selling
LPX
LOUISIANA-PACIFIC CORP
United States
$6.62B70,275,94392.96%4.80%Net SellingNet Buying
BLDR
BUILDERS FIRSTSOURCE INC
United States
$19.91B116,454,41622.18%77.82%Net SellingNet Selling
WMS
ADVANCED DRAINAGE SYSTEMS INC
United States
$10.94B77,523,43364.88%35.12%Net Selling
AWI
ARMSTRONG WORLD INDUSTRIES INC
United States
$5.32B43,700,06247.58%52.42%Net SellingNet Selling
CSL
CARLISLE COMPANIES INC
United States
$18.35B46,242,91188.96%7.24%Net SellingNet Buying
ROCK
GIBRALTAR INDUSTRIES INC
United States
$2.00B30,479,03761.91%38.09%Net Selling
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
United States
$80.18M8,017,98128.58%33.11%Net SellingNet Selling
TT
TRANE TECHNOLOGIES PLC
Ireland
$78.11B225,670,23184.15%6.75%Net SellingNet Selling
NX
QUANEX BUILDING PRODUCTS CORP
United States
$1.24B47,252,07070.86%4.16%Net Selling
AAON
AAON INC
United States
$7.15B81,013,14872.56%21.62%Net SellingNet Buying
GMS
GMS INC
United States
$3.26B39,285,25177.43%22.57%Net SellingNet Selling
LII
LENNOX INTERNATIONAL INC
United States
$19.89B35,634,09539.43%60.57%Net SellingNet Selling
MAS
MASCO CORP
United States
$17.10B218,248,83996.08%2.15%Net Selling
TREX
TREX CO INC
United States
$6.93B108,706,69794.64%3.62%Net BuyingNet Buying
APT
ALPHA PRO TECH LTD
Canada
$63.02M11,173,70029.38%54.86%Net Buying
ASPN
ASPEN AEROGELS INC
United States
$1.78B77,082,07567.42%32.58%Net SellingNet Selling
TILE
INTERFACE INC
United States
$1.04B58,304,10187.83%12.17%Net SellingNet Selling
AZEK
AZEK CO INC
United States
$6.05B144,695,63195.56%4.44%Net SellingNet Selling
JBI
JANUS INTERNATIONAL GROUP INC
United States
$1.42B145,322,22891.12%8.88%Net SellingNet Selling
FBIN
FORTUNE BRANDS INNOVATIONS INC
United States
$9.92B124,107,68090.79%2.17%Net SellingNet Selling
CARR
CARRIER GLOBAL CORP
United States
$64.84B902,751,92983.75%6.65%Net SellingNet Buying
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
Ireland
$46.99B668,013,54991.78%0.41%Net BuyingNet Selling
SWIM
LATHAM GROUP INC
United States
$694.62M115,577,10311.10%88.90%Net SellingNet Selling
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
Colombia
$5.42M3,283,4781.20%0.00%
AIRJ
MONTANA TECHNOLOGIES CORP
United States
$327.40M55,775,6701.47%98.53%Net Buying
ARLO
ARLO TECHNOLOGIES INC
United States
$1.12B99,936,44588.16%6.57%Net SellingNet Selling
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
Hong Kong
$20.95M18,060,0000.67%0.00%
CSTE
CAESARSTONE LTD
Israel
$158.18M34,536,39935.02%0.00%
JELD
JELD-WEN HOLDING INC
United States
$1.14B84,542,63682.59%17.41%Net SellingNet Selling
1

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Sep 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 64, which is 24 points higher than the building product & equipment industry average of 40. It passed 23 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 29.9% over the past year, underperforming other building product & equipment stocks by -3 percentage points.

Apogee Enterprises has an average 1 year price target of $65.00, an upside of 2.69% from Apogee Enterprises's current stock price of $63.30.

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.

2. Owens Corning (NYSE:OC)


Owens Corning (NYSE:OC) is the second best building product & equipment stock with a Zen Score of 58, which is 18 points higher than the building product & equipment industry average of 40. It passed 21 out of 38 due diligence checks and has strong fundamentals. Owens Corning has seen its stock return 9.83% over the past year, underperforming other building product & equipment stocks by -23 percentage points.

Owens Corning has an average 1 year price target of $196.00, an upside of 24.24% from Owens Corning's current stock price of $157.76.

Owens Corning stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Owens Corning, 55.56% have issued a Strong Buy rating, 11.11% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Builders Firstsource (NYSE:BLDR)


Builders Firstsource (NYSE:BLDR) is the third best building product & equipment stock with a Zen Score of 56, which is 16 points higher than the building product & equipment industry average of 40. It passed 19 out of 33 due diligence checks and has strong fundamentals. Builders Firstsource has seen its stock return 20.49% over the past year, underperforming other building product & equipment stocks by -13 percentage points.

Builders Firstsource has an average 1 year price target of $186.83, an upside of 9.28% from Builders Firstsource's current stock price of $170.96.

Builders Firstsource stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Builders Firstsource, 41.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 25% 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 2.1%, which is 1 percentage points higher than the building product & equipment industry average of 1.01%. 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 61.9% 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 1.56%, which is 1 percentage points higher than the building product & equipment industry average of 1.01%. 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 19.9% indicates that its dividend yield is sustainable for the long-term.

3. Masco (NYSE:MAS)


Masco (NYSE:MAS) has an annual dividend yield of 1.47%, which is the same as the building product & equipment industry average of 1.01%. 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.

Why are building product & equipment stocks up?

Building product & equipment stocks were up 0.9% in the last day, and down -0.76% over the last week. Johnson Controls International was the among the top gainers in the building products & equipment industry, gaining 2.54% yesterday.

Johnson Controls shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $76 to $80.

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. Apogee Enterprises (NASDAQ:APOG)


Apogee Enterprises (NASDAQ:APOG) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Apogee Enterprises has a valuation score of 71, which is 41 points higher than the building product & equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Apogee Enterprises's stock has gained 29.9% in the past year. It has underperformed other stocks in the building product & equipment industry by -3 percentage points.

2. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 41 points higher than the building product & equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has gained 17.65% in the past year. It has underperformed other stocks in the building product & equipment industry by -15 percentage points.

3. Owens Corning (NYSE:OC)


Owens Corning (NYSE:OC) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Owens Corning has a valuation score of 71, which is 41 points higher than the building product & equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Owens Corning's stock has gained 9.83% in the past year. It has underperformed other stocks in the building product & equipment industry by -23 percentage points.

Are building product & equipment stocks a good buy now?

52% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 10.88% 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 24.1x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.