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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	$6.60B	$92.04	2.67%	$517.00M	25.15x	0.54
CSL	CARLISLE COMPANIES INC	NYSE	Building Products & Equipment	$20.06B	$421.35	0.58%	$1.35B	24.17x	1.32
NX	QUANEX BUILDING PRODUCTS CORP	NYSE	Building Products & Equipment	$1.15B	$34.67	-0.66%	$152.92M	13.13x	0.47
APOG	APOGEE ENTERPRISES INC	NASDAQ	Building Products & Equipment	$1.48B	$67.06	0.87%	$189.23M	14.74x	0.88
OC	OWENS CORNING	NYSE	Building Products & Equipment	$15.55B	$179.47	1.00%	$2.16B	14.37x	1.15
GMS	GMS INC	NYSE	Building Products & Equipment	$3.84B	$96.34	1.61%	$592.69M	13.25x	1.31
LII	LENNOX INTERNATIONAL INC	NYSE	Building Products & Equipment	$17.93B	$503.32	1.30%	$906.20M	29.03x	7.10
AAON	AAON INC	NASDAQ	Building Products & Equipment	$6.23B	$75.82	0.56%	$280.66M	34.31x	0.21
AWI	ARMSTRONG WORLD INDUSTRIES INC	NYSE	Building Products & Equipment	$5.12B	$117.05	-0.37%	$442.80M	21.92x	1.70
SWIM	LATHAM GROUP INC	NASDAQ	Building Products & Equipment	$457.67M	$3.96	3.66%	$74.44M	132.00x	1.06
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	NASDAQ	Building Products & Equipment	$71.83M	$8.96	-1.75%	$13.25M	6.84x	1.51
ROCK	GIBRALTAR INDUSTRIES INC	NASDAQ	Building Products & Equipment	$2.29B	$75.30	0.76%	$182.19M	20.03x	0.40
TT	TRANE TECHNOLOGIES PLC	NYSE	Building Products & Equipment	$75.21B	$332.29	0.68%	$3.28B	35.20x	1.80
WMS	ADVANCED DRAINAGE SYSTEMS INC	NYSE	Building Products & Equipment	$13.67B	$176.18	1.66%	$892.25M	27.66x	1.80
MAS	MASCO CORP	NYSE	Building Products & Equipment	$15.90B	$72.20	1.55%	$1.44B	17.65x	-69.05
BLDR	BUILDERS FIRSTSOURCE INC	NYSE	Building Products & Equipment	$20.99B	$171.94	1.31%	$2.64B	14.57x	1.25
JBI	JANUS INTERNATIONAL GROUP INC	NYSE	Building Products & Equipment	$2.09B	$14.35	3.09%	$293.66M	15.11x	1.52
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	NYSE	Building Products & Equipment	$45.93B	$68.18	1.94%	$2.42B	27.49x	1.70
APT	ALPHA PRO TECH LTD	NYSEMKT	Building Products & Equipment	$58.68M	$5.02	1.21%	$7.29M	13.94x	0.18
ASPN	ASPEN AEROGELS INC	NYSE	Building Products & Equipment	$1.99B	$26.15	2.91%	-$8.69M	-59.43x	0.42
TREX	TREX CO INC	NYSE	Building Products & Equipment	$9.98B	$91.83	3.77%	$390.70M	39.41x	0.61
FBIN	FORTUNE BRANDS INNOVATIONS INC	NYSE	Building Products & Equipment	$9.41B	$75.20	1.31%	$870.80M	22.79x	1.98
TILE	INTERFACE INC	NASDAQ	Building Products & Equipment	$934.80M	$16.05	-0.68%	$158.47M	15.74x	1.79
AZEK	AZEK CO INC	NYSE	Building Products & Equipment	$7.04B	$48.29	5.76%	$337.96M	61.13x	0.68
CARR	CARRIER GLOBAL CORP	NYSE	Building Products & Equipment	$59.29B	$65.80	1.29%	$2.86B	44.76x	2.50
AEHL	ANTELOPE ENTERPRISE HOLDINGS LTD	NASDAQ	Building Products & Equipment	$4.60M	$1.40	-6.42%	-$1.79M	-1.57x	0.20
ARLO	ARLO TECHNOLOGIES INC	NYSE	Building Products & Equipment	$1.17B	$12.03	5.07%	-$12.24M	-66.83x	1.90
JELD	JELD-WEN HOLDING INC	NYSE	Building Products & Equipment	$1.34B	$15.59	3.25%	$291.29M	67.78x	2.62
CSTE	CAESARSTONE LTD	NASDAQ	Building Products & Equipment	$222.04M	$6.43	0.78%	-$60.60M	-2.03x	0.78
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	NASDAQ	Building Products & Equipment	$8.80M	$0.49	-6.17%	-$2.72M	-2.56x	0.12
AIRJ	MONTANA TECHNOLOGIES CORP	NASDAQ	Building Products & Equipment	$222.45M	$12.50	0.64%	$3.00M	250.00x	-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 44.4% over the past year, underperforming other building product & equipment stocks by -20 percentage points.

Louisiana Pacific has an average 1 year price target of $84.56, a downside of -8.13% from Louisiana Pacific's current stock price of $92.04.

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 97.4% over the past year, overperforming other building product & equipment stocks by 33 percentage points.

Carlisle Companies has an average 1 year price target of $447.50, an upside of 6.21% from Carlisle Companies's current stock price of $421.35.

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 70.03% over the past year, overperforming other building product & equipment stocks by 6 percentage points.

Quanex Building Products has an average 1 year price target of $38.00, an upside of 9.6% from Quanex Building Products's current stock price of $34.67.

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 2.17%, which is 1 percentage points higher than the building product & equipment industry average of 0.96%. 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 1.59%, which is 1 percentage points higher than the building product & equipment industry average of 0.96%. 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 1.25%, which is the same as the building product & equipment industry average of 0.96%. 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 up?

Building product & equipment stocks were up 1.23% in the last day, and up 2.99% over the last week.

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

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 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 70.03% in the past year. It has overperformed other stocks in the building product & equipment industry by 6 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 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 -15.87% in the past year. It has underperformed other stocks in the building product & equipment industry by -80 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 7.03% in the past year. It has underperformed other stocks in the building product & equipment industry by -57 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 2.9% 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 30.26x.

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.