According to Zen Score, the 3 best construction stocks to buy right now are:
1. Cavco Industries (NASDAQ:CVCO)
Cavco Industries (NASDAQ:CVCO) is the top construction stock with a Zen Score of 50, which is 12 points higher than the construction industry average of 38. It passed 16 out of 33 due diligence checks and has strong fundamentals. Cavco Industries has seen its stock return 32.71% over the past year, underperforming other construction stocks by -19 percentage points.
Cavco Industries has an average 1 year
price target of $380.00, a downside of -3.09% from Cavco Industries's current stock price of $392.11.
Cavco Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Cavco Industries, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Kb Home (NYSE:KBH)
Kb Home (NYSE:KBH) is the second best construction stock with a Zen Score of 48, which is 10 points higher than the construction industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Kb Home has seen its stock return 73.51% over the past year, overperforming other construction stocks by 22 percentage points.
Kb Home has an average 1 year
price target of $67.88, a downside of -2.42% from Kb Home's current stock price of $69.56.
Kb Home stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Kb Home, 16.67% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.
3. Meritage Homes (NYSE:MTH)
Meritage Homes (NYSE:MTH) is the third best construction stock with a Zen Score of 48, which is 10 points higher than the construction industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Meritage Homes has seen its stock return 52.02% over the past year.
Meritage Homes has an average 1 year
price target of $168.33, a downside of -2.49% from Meritage Homes's current stock price of $172.63.
Meritage Homes stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Meritage Homes, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.