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Best Apparel Stocks to Buy Now (2023)
Top apparel stocks in 2023 ranked by overall Zen Score. See the best apparel stocks to buy now, according to analyst forecasts for the apparel retail industry.

Industry: Apparel Retail
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
DXLG
DESTINATION XL GROUP INC
$345.04M$5.51N/AN/AN/AN/AN/AN/AN/AN/A
SCVL
SHOE CARNIVAL INC
$696.85M$25.65N/AN/AN/AN/AN/AN/AN/AN/A
BKE
BUCKLE INC
$1.80B$35.69N/AN/AN/AN/AN/AN/AN/AN/A
BOOT
BOOT BARN HOLDINGS INC
$2.29B$76.64$91.6719.61%Strong Buy6N/AN/AN/AN/A
GES
GUESS INC
$1.07B$19.46$23.5020.76%Buy2N/AN/AN/AN/A
EXPR
EXPRESS INC
$58.12M$0.79$5.50597.97%Strong Buy1N/AN/AN/AN/A
DBI
DESIGNER BRANDS INC
$556.33M$8.74$11.0025.86%Hold2N/AN/AN/AN/A
TJX
TJX COMPANIES INC
$90.32B$78.36$87.3611.48%Strong Buy14N/AN/AN/AN/A
CTRN
CITI TRENDS INC
$158.94M$19.02$24.3327.93%Buy3N/AN/AN/AN/A
LULU
LULULEMON ATHLETICA INC
$44.45B$364.19$402.8410.61%Strong Buy25N/AN/AN/AN/A
ROST
ROSS STORES INC
$36.30B$106.13$125.8518.58%Strong Buy13N/AN/AN/AN/A
GCO
GENESCO INC
$464.66M$36.88$50.0035.57%Buy1N/AN/AN/AN/A
CRI
CARTERS INC
$2.71B$71.92$71.50-0.58%Hold2N/AN/AN/AN/A
CHS
CHICO's FAS INC
$687.77M$5.50$6.009.09%Hold1N/AN/AN/AN/A
ZUMZ
ZUMIEZ INC
$359.39M$18.44$21.0013.88%Hold1N/AN/AN/AN/A
LVLU
LULU's FASHION LOUNGE HOLDINGS INC
$93.51M$2.38$4.80101.68%Buy6N/AN/AN/AN/A
URBN
URBAN OUTFITTERS INC
$2.56B$27.72$27.880.56%Hold8N/AN/AN/AN/A
GIII
G III APPAREL GROUP LTD
$722.90M$15.55$15.570.14%Hold8N/AN/AN/AN/A
CATO
CATO CORP
$181.10M$8.84N/AN/AN/AN/AN/AN/AN/AN/A
CURV
TORRID HOLDINGS INC
$452.55M$4.36$4.20-3.67%Hold6N/AN/AN/AN/A
TLYS
TILLY's INC
$230.09M$7.71N/AN/AN/AN/AN/AN/AN/AN/A
RENT
RENT THE RUNWAY INC
$185.31M$2.85$3.5022.81%Buy4N/AN/AN/AN/A
ONON
ON HOLDING AG
$19.47B$31.03$30.22-2.60%Strong Buy9N/AN/AN/AN/A
VSCO
VICTORIA's SECRET & CO
$2.66B$34.15$43.8328.35%Buy6N/AN/AN/AN/A
BBWI
BATH & BODY WORKS INC
$8.37B$36.58$50.8539.00%Buy13N/AN/AN/AN/A
JILL
JJILL INC
$273.33M$26.04N/AN/AN/AN/AN/AN/AN/AN/A
BIRD
ALLBIRDS INC
$179.95M$1.20$2.79132.67%Hold6N/AN/AN/AN/A
AEO
AMERICAN EAGLE OUTFITTERS INC
$2.63B$13.44$15.5015.33%Hold8N/AN/AN/AN/A
DLTH
DULUTH HOLDINGS INC
$213.26M$6.38N/AN/AN/AN/AN/AN/AN/AN/A
ANF
ABERCROMBIE & FITCH CO
$1.37B$27.75$26.86-3.22%Sell7N/AN/AN/AN/A
GPS
GAP INC
$3.68B$10.04$11.3813.30%Sell8N/AN/AN/AN/A
BURL
BURLINGTON STORES INC
$13.13B$202.10$228.8313.23%Strong Buy12N/AN/AN/AN/A
DBGI
DIGITAL BRANDS GROUP INC
$1.42M$1.32N/AN/AN/AN/AN/AN/AN/AN/A
PLCE
CHILDRENS PLACE INC
$498.94M$40.25$42.004.35%Hold2N/AN/AN/AN/A

Apparel Stocks FAQ

What are the best apparel stocks to buy right now in Apr 2023?

According to Zen Score, the 3 best clothing stocks to buy right now are:

1. Destination Xl Group (NASDAQ:DXLG)


Destination Xl Group (NASDAQ:DXLG) is the top apparel stock with a Zen Score of 63, which is 32 points higher than the apparel industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Destination Xl Group has seen its stock return 12.91% over the past year, overperforming other apparel stocks by 31 percentage points.

2. Shoe Carnival (NASDAQ:SCVL)


Shoe Carnival (NASDAQ:SCVL) is the second best apparel stock with a Zen Score of 53, which is 22 points higher than the apparel industry average of 31. It passed 19 out of 38 due diligence checks and has strong fundamentals. Shoe Carnival has seen its stock lose -12.04% over the past year, overperforming other apparel stocks by 6 percentage points.

3. Buckle (NYSE:BKE)


Buckle (NYSE:BKE) is the third best apparel stock with a Zen Score of 52, which is 21 points higher than the apparel industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Buckle has seen its stock return 8.02% over the past year, overperforming other apparel stocks by 27 percentage points.

What are the apparel stocks with highest dividends?

Out of 10 apparel stocks that have issued dividends in the past year, the 3 apparel stocks with the highest dividend yields are:

1. Buckle (NYSE:BKE)


Buckle (NYSE:BKE) has an annual dividend yield of 11.35%, which is 7 percentage points higher than the apparel industry average of 4.03%. Buckle's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Buckle's dividend has shown consistent growth over the last 10 years.

Buckle's dividend payout ratio of 78.3% indicates that its high dividend yield is sustainable for the long-term.

2. Cato (NYSE:CATO)


Cato (NYSE:CATO) has an annual dividend yield of 7.69%, which is 4 percentage points higher than the apparel industry average of 4.03%. Cato's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Cato's dividend has shown consistent growth over the last 10 years.

3. Gap (NYSE:GPS)


Gap (NYSE:GPS) has an annual dividend yield of 5.98%, which is 2 percentage points higher than the apparel industry average of 4.03%. Gap's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Gap's dividend has not shown consistent growth over the last 10 years.

Gap's dividend payout ratio of -109.1% indicates that its high dividend yield might not be sustainable for the long-term.

Why are apparel stocks up?

Apparel stocks were up 2.42% in the last day, and up 7.06% over the last week. Gap was the among the top gainers in the apparel retail industry, gaining 5.57% yesterday.

Shares of several companies in the broader consumer discretionary sector are trading higher amid overall market strength after PCE data came in below estimates, which has raised hopes of slowing inflation.

What are the most undervalued apparel stocks?

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

1. Citi Trends (NASDAQ:CTRN)


Citi Trends (NASDAQ:CTRN) is the most undervalued apparel stock based on WallStreetZen's Valuation Score. Citi Trends has a valuation score of 100, which is 58 points higher than the apparel industry average of 42. It passed 7 out of 7 valuation due diligence checks.

Citi Trends's stock has dropped -37.89% in the past year. It has underperformed other stocks in the apparel industry by -19 percentage points.

2. Destination Xl Group (NASDAQ:DXLG)


Destination Xl Group (NASDAQ:DXLG) is the second most undervalued apparel stock based on WallStreetZen's Valuation Score. Destination Xl Group has a valuation score of 86, which is 44 points higher than the apparel industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Destination Xl Group's stock has gained 12.91% in the past year. It has overperformed other stocks in the apparel industry by 31 percentage points.

3. Shoe Carnival (NASDAQ:SCVL)


Shoe Carnival (NASDAQ:SCVL) is the third most undervalued apparel stock based on WallStreetZen's Valuation Score. Shoe Carnival has a valuation score of 86, which is 44 points higher than the apparel industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Shoe Carnival's stock has dropped -12.04% in the past year. It has overperformed other stocks in the apparel industry by 6 percentage points.

Are apparel stocks a good buy now?

38.46% of apparel stocks rated by analysts are a hold right now. On average, analysts expect apparel stocks to rise by 13.8% over the next year.

What is the average p/e ratio of the apparel retail industry?

The average P/E ratio of the apparel retail industry is 42.62x.
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