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:

Columbia Sportswear Co (NASDAQ:COLM) is the top apparel manufacturing stock with a Zen Score of 58, which is 19 points higher than the apparel manufacturing industry average of 39. It passed 22 out of 38 due diligence checks and has strong fundamentals. Columbia Sportswear Co has seen its stock return 4.29% over the past year, overperforming other apparel manufacturing stocks by 12 percentage points.

Columbia Sportswear Co has an average 1 year price target of $90.00, a downside of -0.94% from Columbia Sportswear Co's current stock price of $90.85.

Columbia Sportswear Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Columbia Sportswear Co, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 50% have issued a hold, while 16.67% have issued a Sell rating, and 0% have issued a Strong Sell.

Lakeland Industries (NASDAQ:LAKE) is the second best apparel manufacturing stock with a Zen Score of 58, which is 19 points higher than the apparel manufacturing industry average of 39. It passed 18 out of 33 due diligence checks and has strong fundamentals. Lakeland Industries has seen its stock lose -29.84% over the past year, underperforming other apparel manufacturing stocks by -22 percentage points.

Lakeland Industries has an average 1 year price target of $28.00, an upside of 96.22% from Lakeland Industries's current stock price of $14.27.

Lakeland Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Lakeland Industries, 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.

Gildan Activewear (NYSE:GIL) is the third best apparel manufacturing stock with a Zen Score of 55, which is 16 points higher than the apparel manufacturing industry average of 39. It passed 21 out of 38 due diligence checks and has strong fundamentals. Gildan Activewear has seen its stock lose -21.43% over the past year, underperforming other apparel manufacturing stocks by -13 percentage points.

Gildan Activewear has an average 1 year price target of $41.50, an upside of 36.2% from Gildan Activewear's current stock price of $30.47.

Gildan Activewear stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Gildan Activewear, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 13 apparel manufacturing stocks that have issued dividends in the past year, the 3 apparel manufacturing stocks with the highest dividend yields are:

Hanesbrands (NYSE:HBI) has an annual dividend yield of 7.61%, which is 4 percentage points higher than the apparel manufacturing industry average of 3.44%. Hanesbrands's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hanesbrands's dividend has shown consistent growth over the last 10 years.

Hanesbrands's dividend payout ratio of 45% indicates that its high dividend yield is sustainable for the long-term.

V F (NYSE:VFC) has an annual dividend yield of 6.72%, which is 3 percentage points higher than the apparel manufacturing industry average of 3.44%. V F's dividend payout is not stable, having dropped more than 10% one 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 183.5% indicates that its high dividend yield might not be sustainable for the long-term.

Crown Crafts (NASDAQ:CRWS) has an annual dividend yield of 5.79%, which is 2 percentage points higher than the apparel manufacturing industry average of 3.44%. Crown Crafts's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Crown Crafts's dividend has not shown consistent growth over the last 10 years.

Crown Crafts's dividend payout ratio of 80.7% indicates that its high dividend yield is sustainable for the long-term.

Apparel manufacturing stocks were up 0.53% in the last day, and up 5% over the last week. Levi Strauss & Co was the among the top gainers in the apparel manufacturing industry, gaining 7.45% yesterday.

Levi Strauss shares are trading higher after the company reported better-than-expected Q4 results.

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

Crown Crafts (NASDAQ:CRWS) is the most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Crown Crafts has a valuation score of 86, which is 51 points higher than the apparel manufacturing industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Crown Crafts's stock has dropped -19.84% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -12 percentage points.

Delta Apparel (NYSEMKT:DLA) is the second most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Delta Apparel has a valuation score of 71, which is 36 points higher than the apparel manufacturing industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Delta Apparel's stock has dropped -59.63% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -52 percentage points.

Jerash Holdings (NASDAQ:JRSH) is the third most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Jerash Holdings has a valuation score of 71, which is 36 points higher than the apparel manufacturing industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Jerash Holdings's stock has dropped -36.47% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -29 percentage points.