Sectors & IndustriesConsumer CyclicalApparel Manufacturing

Best Apparel Manufacturing Stocks to Buy Now (2024)

Top apparel manufacturing stocks in 2024 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 62, which is 27 points higher than the apparel manufacturing industry average of 35. It passed 20 out of 33 due diligence checks and has strong fundamentals. Under Armour has seen its stock lose -27.92% over the past year, underperforming other apparel manufacturing stocks by -35 percentage points.

Under Armour has an average 1 year price target of $8.10, an upside of 22.54% from Under Armour's current stock price of $6.61.

Under Armour stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Under Armour, 0% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.

G Iii Apparel Group (NASDAQ:GIII) is the second best apparel manufacturing stock with a Zen Score of 62, which is 27 points higher than the apparel manufacturing industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. G Iii Apparel Group has seen its stock return 67.08% over the past year, overperforming other apparel manufacturing stocks by 60 percentage points.

G Iii Apparel Group has an average 1 year price target of $28.00, an upside of 3.13% from G Iii Apparel Group's current stock price of $27.15.

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

Columbia Sportswear Co (NASDAQ:COLM) is the third best apparel manufacturing stock with a Zen Score of 61, which is 26 points higher than the apparel manufacturing industry average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. Columbia Sportswear Co has seen its stock lose -13.92% over the past year, underperforming other apparel manufacturing stocks by -21 percentage points.

Columbia Sportswear Co has an average 1 year price target of $68.00, a downside of -9.98% from Columbia Sportswear Co's current stock price of $75.54.

Columbia Sportswear Co stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Columbia Sportswear Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% 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 6.73%, which is 4 percentage points higher than the apparel manufacturing industry average of 2.84%. 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 -285.7% indicates that its high dividend yield might not be sustainable for the long-term.

V F (NYSE:VFC) has an annual dividend yield of 6.16%, which is 3 percentage points higher than the apparel manufacturing industry average of 2.84%. V F's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. V F's dividend has not shown consistent growth over the last 10 years.

V F's dividend payout ratio of -50.3% indicates that its high dividend yield might not be sustainable for the long-term.

Kontoor Brands (NYSE:KTB) has an annual dividend yield of 3.54%, which is 1 percentage points higher than the apparel manufacturing industry average of 2.84%. Kontoor Brands's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Kontoor Brands's dividend has not shown consistent growth over the last 10 years.

Kontoor Brands's dividend payout ratio of 47% indicates that its dividend yield is sustainable for the long-term.

Apparel manufacturing stocks were up 0.21% in the last day, and down -2.61% over the last week.

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

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

G Iii Apparel Group (NASDAQ:GIII) is the most undervalued apparel manufacturing stock based on WallStreetZen's Valuation Score. G Iii Apparel Group has a valuation score of 100, which is 64 points higher than the apparel manufacturing industry average of 36. It passed 7 out of 7 valuation due diligence checks.

G Iii Apparel Group's stock has gained 67.08% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 60 percentage points.

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

Pvh's stock has gained 22.73% in the past year. It has overperformed other stocks in the apparel manufacturing industry by 16 percentage points.

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

Under Armour's stock has dropped -27.92% in the past year. It has underperformed other stocks in the apparel manufacturing industry by -35 percentage points.