Sectors & IndustriesConsumer CyclicalApparel Manufacturing

Best Apparel Manufacturing Stocks to Buy Now (2023)

Top apparel manufacturing stocks in 2023 ranked by overall Zen Score. See the best apparel manufacturing stocks to buy now, according to analyst forecasts for the apparel manufacturing industry.

According to Zen Score, the 3 best apparel manufacturing stocks to buy right now are:

Under Armour (NYSE:UAA) is the top apparel manufacturing stock with a Zen Score of 57, which is 20 points higher than the apparel manufacturing industry average of 37. It passed 19 out of 33 due diligence checks and has strong fundamentals. Under Armour has seen its stock lose -11.61% over the past year, underperforming other apparel manufacturing stocks by -14 percentage points.

Under Armour has an average 1 year price target of $9.88, an upside of 44.16% from Under Armour's current stock price of $6.85.

Under Armour stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Under Armour, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Columbia Sportswear Co (NASDAQ:COLM) is the second best apparel manufacturing stock with a Zen Score of 57, which is 20 points higher than the apparel manufacturing industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Columbia Sportswear Co has seen its stock return 2.63% over the past year.

Columbia Sportswear Co has an average 1 year price target of $86.75, an upside of 24.02% from Columbia Sportswear Co's current stock price of $69.95.

Columbia Sportswear Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Columbia Sportswear Co, 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.

Figs (NYSE:FIGS) is the third best apparel manufacturing stock with a Zen Score of 53, which is 16 points higher than the apparel manufacturing industry average of 37. It passed 18 out of 33 due diligence checks and has strong fundamentals. Figs has seen its stock lose -37.37% over the past year, underperforming other apparel manufacturing stocks by -40 percentage points.

Figs has an average 1 year price target of $9.20, an upside of 64.87% from Figs's current stock price of $5.58.

Figs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Figs, 20% have issued a Strong Buy rating, 60% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

Out of 11 apparel manufacturing stocks that have issued dividends in the past year, the 3 apparel manufacturing stocks with the highest dividend yields are:

V F (NYSE:VFC) has an annual dividend yield of 8.07%, which is 4 percentage points higher than the apparel manufacturing industry average of 3.65%. V F's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. V F's dividend has shown consistent growth over the last 10 years.

V F's dividend payout ratio of 536.7% indicates that its high dividend yield might not be sustainable for the long-term.

Superior Group Of Companies (NASDAQ:SGC) has an annual dividend yield of 7.16%, which is 4 percentage points higher than the apparel manufacturing industry average of 3.65%. Superior Group Of Companies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Superior Group Of Companies's dividend has shown consistent growth over the last 10 years.

Superior Group Of Companies's dividend payout ratio of -107.7% indicates that its high dividend yield might not be sustainable for the long-term.

Jerash Holdings (NASDAQ:JRSH) has an annual dividend yield of 6.35%, which is 3 percentage points higher than the apparel manufacturing industry average of 3.65%. Jerash Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Jerash Holdings's dividend has not shown consistent growth over the last 10 years.

Jerash Holdings's dividend payout ratio of 222.2% indicates that its high dividend yield might not be sustainable for the long-term.

Apparel manufacturing stocks were down -0.55% in the last day, and down -3.63% over the last week.

We couldn't find a catalyst for why apparel manufacturing stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued apparel manufacturing stocks right now are:

Lakeland Industries (NASDAQ:LAKE) is the most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Lakeland Industries has a valuation score of 71, which is 39 points higher than the apparel manufacturing industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Lakeland Industries's stock has gained 24.73% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 22 percentage points.

Vince Holding (NYSE:VNCE) is the second most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Vince Holding has a valuation score of 71, which is 39 points higher than the apparel manufacturing industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Vince Holding's stock has dropped -76.19% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -79 percentage points.

Levi Strauss & Co (NYSE:LEVI) is the third most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Levi Strauss & Co has a valuation score of 57, which is 25 points higher than the apparel manufacturing industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Levi Strauss & Co's stock has dropped -22.42% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -25 percentage points.