According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best apparel manufacturing stocks to buy right now are:
1. Figs (NYSE:FIGS)
Figs (NYSE:FIGS) is the #1 top apparel manufacturing stock out of 22 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Figs (NYSE:FIGS) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.
Figs (NYSE:FIGS) has a Due Diligence Score of 44, which is 12 points higher than the apparel manufacturing industry average of 32.
FIGS passed 14 out of 33 due diligence checks and has strong fundamentals. Figs has seen its stock return 202.47% over the past year, overperforming other apparel manufacturing stocks by 198 percentage points.
Figs has an average 1 year
price target of $14.64, a downside of -0.39% from Figs's current stock price of $14.70.
Figs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Figs, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.
2. Kontoor Brands (NYSE:KTB)
Kontoor Brands (NYSE:KTB) is the #2 top apparel manufacturing stock out of 22 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Kontoor Brands (NYSE:KTB) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
Kontoor Brands (NYSE:KTB) has a Due Diligence Score of 45, which is 13 points higher than the apparel manufacturing industry average of 32.
KTB passed 17 out of 38 due diligence checks and has strong fundamentals. Kontoor Brands has seen its stock return 1.59% over the past year, underperforming other apparel manufacturing stocks by -3 percentage points.
Kontoor Brands has an average 1 year
price target of $99.75, an upside of 50.16% from Kontoor Brands's current stock price of $66.43.
Kontoor Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Kontoor Brands, 75% have issued a Strong Buy rating, 12.5% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ralph Lauren (NYSE:RL)
Ralph Lauren (NYSE:RL) is the #3 top apparel manufacturing stock out of 22 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Ralph Lauren (NYSE:RL) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Ralph Lauren (NYSE:RL) has a Due Diligence Score of 61, which is 29 points higher than the apparel manufacturing industry average of 32.
RL passed 23 out of 38 due diligence checks and has strong fundamentals. Ralph Lauren has seen its stock return 45.59% over the past year, overperforming other apparel manufacturing stocks by 41 percentage points.
Ralph Lauren has an average 1 year
price target of $420.55, an upside of 28.29% from Ralph Lauren's current stock price of $327.82.
Ralph Lauren stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Ralph Lauren, 81.82% have issued a Strong Buy rating, 18.18% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.