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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...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
LPX	LOUISIANA-PACIFIC CORP	NYSE	Building Products & Equipment	$6.25B	$87.25	0.32%	$517.00M	23.84x	0.54
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$19.83B	$416.63	-0.23%	$1.35B	23.90x	1.32
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.15B	$34.75	-0.52%	$152.92M	13.16x	0.47
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.48B	$66.88	1.55%	$189.23M	14.70x	0.88
GMS	GMS INC	NYSE	Building Products & Equipment	$3.76B	$94.33	-0.37%	$592.69M	12.98x	1.31
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$17.62B	$494.51	1.19%	$906.20M	28.52x	7.10
OC	OWENS CORNING	NYSE	Building Products & Equipment	$15.32B	$176.81	-0.32%	$2.16B	14.16x	1.15
DOOR	MASONITE INTERNATIONAL CORP	NYSE	Building Products & Equipment	$2.92B	$132.70	0.03%	$375.90M	20.64x	2.05
AAON	AAON INC	NASDAQ	Building Products & Equipment	$6.35B	$77.29	-0.59%	$280.66M	34.97x	0.21
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$71.51M	$8.92	-2.83%	$13.25M	6.81x	1.51
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$75.14B	$331.98	-0.28%	$3.28B	35.17x	1.80
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$427.62M	$3.70	-3.90%	$74.44M	123.33x	1.06
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.26B	$74.30	-0.54%	$182.19M	19.76x	0.40
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$13.38B	$172.44	0.05%	$892.25M	27.07x	1.80
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$5.15B	$117.60	0.04%	$442.80M	22.02x	1.70
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.00B	$13.69	-1.93%	$293.66M	14.41x	1.52
MAS	MASCO CORP	NYSE	Building Products & Equipment	$15.93B	$72.31	0.37%	$1.44B	17.68x	-69.05
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$20.38B	$166.96	-1.36%	$2.64B	14.15x	1.25
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$44.19B	$65.59	-0.23%	$2.42B	26.45x	1.70
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$59.96M	$5.13	-1.91%	$7.29M	14.25x	0.18
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$2.06B	$27.01	1.12%	-$8.69M	-61.39x	0.42
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.50B	$87.38	-6.46%	$390.70M	37.50x	0.61
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.42B	$75.32	0.29%	$870.80M	22.82x	1.98
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$944.70M	$16.22	1.95%	$158.47M	15.90x	1.79
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$6.72B	$46.10	1.68%	$337.96M	58.35x	0.68
MTEN	MINGTENG INTERNATIONAL CORP INC	NASDAQ	Building Products & Equipment	N/A	$5.99	-0.33%	$2.44M	17.62x	0.60
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$59.02B	$65.50	0.40%	$2.86B	44.56x	2.50
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.12B	$11.44	-17.88%	-$12.24M	-63.56x	1.90
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$6.27M	$1.91	3.80%	-$1.79M	-2.14x	0.20
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.25B	$14.56	3.85%	$291.29M	63.30x	2.62
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$213.07M	$6.17	3.70%	-$60.60M	-1.95x	0.78
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$8.13M	$0.45	-4.86%	-$2.72M	-2.37x	0.12
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$230.28M	$12.94	0.70%	$3.00M	258.80x	-1.04

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 37.27% over the past year, underperforming other building product & equipment stocks by -24 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -3.09% from Louisiana Pacific's current stock price of $87.25.

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 99.93% over the past year, overperforming other building product & equipment stocks by 39 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 7.41% from Carlisle Companies's current stock price of $416.63.

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 73.49% over the past year, overperforming other building product & equipment stocks by 12 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 9.35% from Quanex Building Products's current stock price of $34.75.

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 2.26%, which is 1 percentage points higher than the building product & equipment industry average of 0.98%. 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 1.58%, which is 1 percentage points higher than the building product & equipment industry average of 0.98%. 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. Owens Corning (NYSE:OC)

Owens Corning (NYSE:OC) has an annual dividend yield of 1.27%, which is the same as the building product & equipment industry average of 0.98%. Owens Corning's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Owens Corning's dividend has shown consistent growth over the last 10 years.

Owens Corning's dividend payout ratio of 17.9% indicates that its dividend yield is sustainable for the long-term.

Why are building product & equipment stocks down?

Building product & equipment stocks were down -0.18% in the last day, and up 2.36% over the last week. Arlo Technologies was the among the top losers in the building products & equipment industry, dropping -17.88% yesterday.

Arlo Technologies shares are trading lower following Q1 earnings.

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. Quanex Building Products (NYSE:NX)

Quanex Building Products (NYSE:NX) is the most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Quanex Building Products has a valuation score of 71, which is 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Quanex Building Products's stock has gained 73.49% in the past year. It has overperformed other stocks in the building product & equipment industry by 12 percentage points.

2. Latham Group (NASDAQ:SWIM)

Latham Group (NASDAQ:SWIM) is the second most undervalued building product & equipment stock based on WallStreetZen's Valuation Score. Latham Group has a valuation score of 71, which is 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Latham Group's stock has gained 13.85% in the past year. It has underperformed other stocks in the building product & equipment industry by -47 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 36 points higher than the building product & equipment industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Masonite International's stock has gained 41.71% in the past year. It has underperformed other stocks in the building product & equipment industry by -19 percentage points.

Are building product & equipment stocks a good buy now?

50% of building product & equipment stocks rated by analysts are a buy right now. On average, analysts expect building product & equipment stocks to rise by 3.82% 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 29.77x.

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.