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Best Building Product & Equipment Stocks to Buy Now (2023)
Top building product & equipment stocks in 2023 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)
CSL
CARLISLE COMPANIES INC
United States
$11.91B50,967,64687.58%6.24%Net Selling
BECN
BEACON ROOFING SUPPLY INC
United States
$4.64B63,748,35871.33%28.67%Net BuyingNet Buying
AWI
ARMSTRONG WORLD INDUSTRIES INC
United States
$3.02B45,118,87347.96%52.04%Net SellingNet Selling
ROCK
GIBRALTAR INDUSTRIES INC
United States
$1.82B30,410,87262.22%37.78%Net SellingNet Buying
PATK
PATRICK INDUSTRIES INC
United States
$1.73B22,321,57763.80%36.20%Net SellingNet Selling
IBP
INSTALLED BUILDING PRODUCTS INC
United States
$3.38B28,404,50543.46%56.54%Net SellingNet Selling
APOG
APOGEE ENTERPRISES INC
United States
$935.59M22,270,73988.59%9.79%Net BuyingNet Buying
DOOR
MASONITE INTERNATIONAL CORP
United States
$2.19B22,112,52075.50%24.50%Net SellingNet Selling
OC
OWENS CORNING
United States
$10.65B90,109,35162.38%37.62%Net SellingNet Selling
WMS
ADVANCED DRAINAGE SYSTEMS INC
United States
$8.49B78,967,76358.19%41.81%Net SellingNet Selling
LPX
LOUISIANA-PACIFIC CORP
United States
$4.58B72,043,35388.14%4.63%Net BuyingNet Buying
SSD
SIMPSON MANUFACTURING CO INC
United States
$5.56B42,670,18671.70%28.30%Net SellingNet Selling
GMS
GMS INC
United States
$2.84B41,305,47174.29%25.71%Net BuyingNet Buying
BLDR
BUILDERS FIRSTSOURCE INC
United States
$15.68B128,168,90425.17%74.83%Net SellingNet Selling
BXC
BLUELINX HOLDINGS INC
United States
$853.55M9,088,97245.35%54.65%Net SellingNet Selling
MAS
MASCO CORP
United States
$12.30B225,088,52591.61%2.07%Net SellingNet Selling
TGLS
TECNOGLASS INC
Colombia
$2.06B47,674,77320.77%79.23%Net SellingNet Selling
NX
QUANEX BUILDING PRODUCTS CORP
United States
$891.70M32,952,53294.05%5.95%Net SellingNet Selling
AAON
AAON INC
United States
$5.16B54,252,71369.80%23.49%Net BuyingNet Selling
PGTI
PGT INNOVATIONS INC
United States
$1.66B58,721,84955.32%44.68%Net SellingNet Selling
TREX
TREX CO INC
United States
$6.41B108,803,51694.91%3.48%Net BuyingNet Selling
JBI
JANUS INTERNATIONAL GROUP INC
United States
$1.41B146,744,16481.74%18.26%Net SellingNet Selling
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
United States
$83.27M8,007,00225.01%31.61%Net Selling
APT
ALPHA PRO TECH LTD
Canada
$47.66M12,188,20619.48%47.65%Net BuyingNet Buying
AZEK
AZEK CO INC
United States
$4.03B150,932,38689.30%10.70%Net SellingNet Selling
CARR
CARRIER GLOBAL CORP
United States
$38.07B834,838,10286.47%0.17%Net SellingNet Selling
VIEW
VIEW INC
United States
$45.98M240,740,92248.14%51.86%Net SellingNet Buying
ASPN
ASPEN AEROGELS INC
United States
$539.15M70,110,75172.45%27.55%Net BuyingNet Selling
ILAG
INTELLIGENT LIVING APPLICATION GROUP INC
Hong Kong
$20.59M18,060,0000.10%0.00%
CSTE
CAESARSTONE LTD
Israel
$167.39M34,513,37434.80%0.00%
JELD
JELD-WEN HOLDING INC
United States
$1.30B84,971,80179.17%20.83%Net BuyingNet Buying
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
Colombia
$8.38M8,055,1881.59%0.00%
SWIM
LATHAM GROUP INC
United States
$406.35M114,789,02711.61%88.39%Net BuyingNet Buying
1

Building Product & Equipment Stocks FAQ

What are the best building product & equipment stocks to buy right now in Jun 2023?

According to Zen Score, the 3 best building product & equipment stocks to buy right now are:

1. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the top building product & equipment stock with a Zen Score of 61, which is 20 points higher than the building product & equipment industry average of 41. It passed 23 out of 38 due diligence checks and has strong fundamentals. Carlisle Companies has seen its stock lose -12.44% over the past year, underperforming other building product & equipment stocks by -23 percentage points.

Carlisle Companies has an average 1 year price target of $309.17, an upside of 32.36% from Carlisle Companies's current stock price of $233.58.

Carlisle Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Carlisle Companies, 16.67% have issued a Strong Buy rating, 83.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Beacon Roofing Supply (NASDAQ:BECN)


Beacon Roofing Supply (NASDAQ:BECN) is the second best building product & equipment stock with a Zen Score of 60, which is 19 points higher than the building product & equipment industry average of 41. It passed 19 out of 33 due diligence checks and has strong fundamentals. Beacon Roofing Supply has seen its stock return 14.75% over the past year, overperforming other building product & equipment stocks by 4 percentage points.

Beacon Roofing Supply has an average 1 year price target of $80.25, an upside of 10.2% from Beacon Roofing Supply's current stock price of $72.82.

Beacon Roofing Supply stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Beacon Roofing Supply, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Armstrong World Industries (NYSE:AWI)


Armstrong World Industries (NYSE:AWI) is the third best building product & equipment stock with a Zen Score of 57, which is 16 points higher than the building product & equipment industry average of 41. It passed 21 out of 38 due diligence checks and has strong fundamentals. Armstrong World Industries has seen its stock lose -20.43% over the past year, underperforming other building product & equipment stocks by -31 percentage points.

Armstrong World Industries has an average 1 year price target of $83.38, an upside of 24.5% from Armstrong World Industries's current stock price of $66.97.

Armstrong World Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Armstrong World Industries, 37.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 50% 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 13 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. Apogee Enterprises (NASDAQ:APOG)


Apogee Enterprises (NASDAQ:APOG) has an annual dividend yield of 2.19%, which is 1 percentage points higher than the building product & equipment industry average of 1.51%. 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% indicates that its dividend yield is sustainable for the long-term.

2. Masco (NYSE:MAS)


Masco (NYSE:MAS) has an annual dividend yield of 2.07%, which is 1 percentage points higher than the building product & equipment industry average of 1.51%. 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 31.4% indicates that its dividend yield is sustainable for the long-term.

3. Installed Building Products (NYSE:IBP)


Installed Building Products (NYSE:IBP) has an annual dividend yield of 1.83%, which is the same as the building product & equipment industry average of 1.51%.

Installed Building Products's dividend payout ratio of 25.9% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.14% in the last day, and up 9.94% 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. Patrick Industries (NASDAQ:PATK)


Patrick Industries (NASDAQ:PATK) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Patrick Industries has a valuation score of 86, which is 41 points higher than the building product & equipment industry average of 45. It passed 6 out of 7 valuation due diligence checks.

Patrick Industries's stock has gained 29.74% in the past year. It has overperformed other stocks in the building product & equipment industry by 19 percentage points.

2. Beacon Roofing Supply (NASDAQ:BECN)


Beacon Roofing Supply (NASDAQ:BECN) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Beacon Roofing Supply has a valuation score of 71, which is 26 points higher than the building product & equipment industry average of 45. It passed 5 out of 7 valuation due diligence checks.

Beacon Roofing Supply's stock has gained 14.75% in the past year. It has overperformed other stocks in the building product & equipment industry by 4 percentage points.

3. Carlisle Companies (NYSE:CSL)


Carlisle Companies (NYSE:CSL) is the third most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Carlisle Companies has a valuation score of 71, which is 26 points higher than the building product & equipment industry average of 45. It passed 5 out of 7 valuation due diligence checks.

Carlisle Companies's stock has dropped -12.44% 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?

51.85% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 8.94% 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 22.72x.
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