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: B, Sentiment: A, Safety: C, Financials: B, and AI: C.
Figs (NYSE:FIGS) has a Due Diligence Score of 34, which is 2 points higher than the apparel manufacturing industry average of 32.
FIGS passed 11 out of 33 due diligence checks and has average fundamentals. Figs has seen its stock return 93.23% over the past year, overperforming other apparel manufacturing stocks by 100 percentage points.
Figs has an average 1 year
price target of $9.20, a downside of -19.44% from Figs's current stock price of $11.42.
Figs stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Figs, 20% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.
2. Vince Holding (NASDAQ:VNCE)
Vince Holding (NASDAQ:VNCE) 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 Vince Holding (NASDAQ:VNCE) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Vince Holding (NASDAQ:VNCE) has a Due Diligence Score of 11, which is -21 points lower than the apparel manufacturing industry average of 32. Although this number is below the industry average, our proven quant model rates VNCE as a "B".
VNCE passed 3 out of 33 due diligence checks and has weak fundamentals. Vince Holding has seen its stock return 120.89% over the past year, overperforming other apparel manufacturing stocks by 127 percentage points.
Vince Holding has an average 1 year
price target of $4.50, an upside of 28.94% from Vince Holding's current stock price of $3.49.
Vince Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Vince Holding, 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.
3. Kontoor Brands (NYSE:KTB)
Kontoor Brands (NYSE:KTB) 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 Kontoor Brands (NYSE:KTB) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Kontoor Brands (NYSE:KTB) has a Due Diligence Score of 48, which is 16 points higher than the apparel manufacturing industry average of 32.
KTB passed 19 out of 38 due diligence checks and has strong fundamentals. Kontoor Brands has seen its stock lose -26.94% over the past year, underperforming other apparel manufacturing stocks by -21 percentage points.
Kontoor Brands has an average 1 year
price target of $98.00, an upside of 53.17% from Kontoor Brands's current stock price of $63.98.
Kontoor Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Kontoor Brands, 71.43% have issued a Strong Buy rating, 14.29% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.