Sectors & IndustriesConsumer CyclicalApparel Manufacturing

Best Apparel Manufacturing Stocks to Buy Now (2024)

Top apparel manufacturing stocks in 2024 ranked by overall Due Diligence Score. See the best apparel manufacturing stocks to buy now, according to analyst forecasts for the apparel manufacturing industry.

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

Ralph Lauren (NYSE:RL) is the top apparel manufacturing stock with a Due Diligence Score of 56, which is 24 points higher than the apparel manufacturing industry average of 32. It passed 21 out of 38 due diligence checks and has strong fundamentals. Ralph Lauren has seen its stock return 78.21% over the past year, overperforming other apparel manufacturing stocks by 52 percentage points.

Ralph Lauren has an average 1 year price target of $231.11, an upside of 0.16% from Ralph Lauren's current stock price of $230.74.

Ralph Lauren stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Ralph Lauren, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Kontoor Brands (NYSE:KTB) is the second best apparel manufacturing stock with a Due Diligence Score of 47, which is 15 points higher than the apparel manufacturing industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Kontoor Brands has seen its stock return 66.02% over the past year, overperforming other apparel manufacturing stocks by 40 percentage points.

Kontoor Brands has an average 1 year price target of $98.60, an upside of 9.68% from Kontoor Brands's current stock price of $89.90.

Kontoor Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Kontoor Brands, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% 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 third best apparel manufacturing stock with a Due Diligence Score of 47, which is 15 points higher than the apparel manufacturing industry average of 32. It passed 16 out of 38 due diligence checks and has strong fundamentals. Columbia Sportswear Co has seen its stock return 9.83% over the past year, underperforming other apparel manufacturing stocks by -16 percentage points.

Columbia Sportswear Co has an average 1 year price target of $85.33, a downside of -3.41% from Columbia Sportswear Co's current stock price of $88.35.

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

Jerash Holdings (NASDAQ:JRSH) has an annual dividend yield of 5.88%, which is 4 percentage points higher than the apparel manufacturing industry average of 2.13%. 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 -51.7% 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 3.38%, which is 1 percentage points higher than the apparel manufacturing industry average of 2.13%. 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 66.7% indicates that its dividend yield is sustainable for the long-term.

Oxford Industries (NYSE:OXM) has an annual dividend yield of 3.33%, which is 1 percentage points higher than the apparel manufacturing industry average of 2.13%. Oxford Industries's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Oxford Industries's dividend has shown consistent growth over the last 10 years.

Oxford Industries's dividend payout ratio of 140.4% indicates that its dividend yield might not be sustainable for the long-term.

Apparel manufacturing stocks were down -0.71% in the last day, and down -0.49% 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:

Superior Group Of Companies (NASDAQ:SGC) is the most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Superior Group Of Companies has a valuation score of 57, which is 33 points higher than the apparel manufacturing industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Superior Group Of Companies's stock has gained 33.04% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 7 percentage points.

Lakeland Industries (NASDAQ:LAKE) is the second most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Lakeland Industries has a valuation score of 57, which is 33 points higher than the apparel manufacturing industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Lakeland Industries's stock has gained 55.14% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 29 percentage points.

Vince Holding (NYSE:VNCE) is the third most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. Vince Holding has a valuation score of 57, which is 33 points higher than the apparel manufacturing industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Vince Holding's stock has gained 36.8% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 11 percentage points.