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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
APOG
APOGEE ENTERPRISES INC
United States
$1.45B22,128,30890.12%9.88%Net SellingNet Selling
LPX
LOUISIANA-PACIFIC CORP
United States
$6.41B71,671,83788.31%4.68%Net SellingNet Selling
CSL
CARLISLE COMPANIES INC
United States
$20.16B47,601,84286.97%7.03%Net SellingNet Buying
OC
OWENS CORNING
United States
$15.38B86,656,54659.38%40.62%Net SellingNet Selling
NX
QUANEX BUILDING PRODUCTS CORP
United States
$1.08B33,103,59394.31%5.69%Net SellingNet Buying
LII
LENNOX INTERNATIONAL INC
United States
$17.76B35,624,45437.56%62.44%Net SellingNet Selling
GMS
GMS INC
United States
$3.72B39,833,62876.84%23.16%Net SellingNet Selling
AAON
AAON INC
United States
$6.26B82,209,28169.13%21.38%Net SellingNet Selling
AWI
ARMSTRONG WORLD INDUSTRIES INC
United States
$5.03B43,758,25047.43%52.57%Net SellingNet Selling
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
United States
$71.35M8,016,78128.25%32.30%Net Selling
SWIM
LATHAM GROUP INC
United States
$443.80M115,572,77410.91%89.09%Net SellingNet Selling
TT
TRANE TECHNOLOGIES PLC
Ireland
$75.50B226,352,43682.53%6.71%Net SellingNet Selling
ROCK
GIBRALTAR INDUSTRIES INC
United States
$2.24B30,469,72961.69%38.31%Net SellingNet Selling
WMS
ADVANCED DRAINAGE SYSTEMS INC
United States
$13.71B77,426,26564.22%35.78%Net SellingNet Selling
JBI
JANUS INTERNATIONAL GROUP INC
United States
$2.10B145,978,14290.13%9.87%Net SellingNet Selling
MAS
MASCO CORP
United States
$15.25B220,244,38092.29%2.13%Net SellingNet Selling
BLDR
BUILDERS FIRSTSOURCE INC
United States
$20.26B122,057,16922.40%77.60%Net SellingNet Selling
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
Ireland
$49.31B673,675,56890.84%0.39%Net BuyingNet Selling
APT
ALPHA PRO TECH LTD
Canada
$59.38M11,688,70027.67%52.44%Net BuyingNet Buying
ASPN
ASPEN AEROGELS INC
United States
$2.06B76,161,21077.58%22.42%Net SellingNet Selling
TREX
TREX CO INC
United States
$9.56B108,692,75792.55%3.61%Net BuyingNet Selling
FBIN
FORTUNE BRANDS INNOVATIONS INC
United States
$8.87B125,078,70888.57%2.16%Net SellingNet Selling
TILE
INTERFACE INC
United States
$896.36M58,242,83387.32%12.68%Net SellingNet Selling
AZEK
AZEK CO INC
United States
$6.86B145,826,07995.34%4.66%Net SellingNet Selling
CARR
CARRIER GLOBAL CORP
United States
$58.88B901,012,49182.88%6.66%Net SellingNet Selling
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
Colombia
$4.66M3,283,4780.79%0.00%
ARLO
ARLO TECHNOLOGIES INC
United States
$1.20B97,579,31583.52%6.00%Net SellingNet Selling
JELD
JELD-WEN HOLDING INC
United States
$1.34B85,986,36882.03%17.97%Net SellingNet Selling
CSTE
CAESARSTONE LTD
Israel
$203.74M34,532,45232.51%0.00%
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
Hong Kong
$9.10M18,060,0000.08%0.00%
AIRJ
MONTANA TECHNOLOGIES CORP
United States
$726.62M53,823,4120.19%99.81%Net BuyingNet Buying

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 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Apogee Enterprises has seen its stock return 66.98% over the past year, overperforming other building product & equipment stocks by 5 percentage points.

2. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the second best building product & equipment stock with a Zen Score of 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock return 98.47% over the past year, overperforming other building product & equipment stocks by 36 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 5.66% from Carlisle Companies's current stock price of $423.52.

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. Louisiana Pacific (NYSE:LPX)


Louisiana Pacific (NYSE:LPX) is the third best building product & equipment stock with a Zen Score of 56, which is 18 points higher than the building product & equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Louisiana Pacific has seen its stock return 45.8% 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 -5.41% from Louisiana Pacific's current stock price of $89.39.

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.

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 2.02%, which is 1 percentage points higher than the building product & equipment industry average of 1.03%. 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 1.65%, which is 1 percentage points higher than the building product & equipment industry average of 1.03%. 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 1.5%, which is the same as the building product & equipment industry average of 1.03%. 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 -0.47% in the last day, and down -0.99% 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. 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 -14.87% 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 52.6% in the past year. It has underperformed other stocks in the building product & equipment industry by -10 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 9.09% in the past year. It has underperformed other stocks in the building product & equipment industry by -53 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 4.78% 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 30.06x.
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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.