According to Zen Score, the 3 best department store stocks to buy right now are:
1. Dillard's (NYSE:DDS)
Dillard's (NYSE:DDS) is the top department store stock with a Zen Score of 52, which is 19 points higher than the department store industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Dillard's has seen its stock lose -4.55% over the past year, overperforming other department store stocks by 5 percentage points.
Dillard's has an average 1 year
price target of $330.00, a downside of -5.86% from Dillard's's current stock price of $350.55.
Dillard's stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Dillard's, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Macy's (NYSE:M)
Macy's (NYSE:M) is the second best department store stock with a Zen Score of 42, which is 9 points higher than the department store industry average of 33. It passed 15 out of 38 due diligence checks and has strong fundamentals. Macy's has seen its stock lose -33.42% over the past year, underperforming other department store stocks by -24 percentage points.
Macy's has an average 1 year
price target of $14.11, a downside of -9.78% from Macy's's current stock price of $15.64.
Macy's stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Macy's, 22.22% have issued a Strong Buy rating, 0% have issued a Buy, 55.56% have issued a hold, while 11.11% have issued a Sell rating, and 11.11% have issued a Strong Sell.
3. Nordstrom (NYSE:JWN)
Nordstrom (NYSE:JWN) is the third best department store stock with a Zen Score of 31, which is -2 points lower than the department store industry average of 33. It passed 12 out of 38 due diligence checks and has average fundamentals. Nordstrom has seen its stock lose -25.23% over the past year, underperforming other department store stocks by -16 percentage points.
Nordstrom has an average 1 year
price target of $15.64, an upside of 0.88% from Nordstrom's current stock price of $15.50.
Nordstrom stock has a consensus Sell recommendation according to Wall Street analysts. Of the 11 analysts covering Nordstrom, 9.09% have issued a Strong Buy rating, 0% have issued a Buy, 54.55% have issued a hold, while 9.09% have issued a Sell rating, and 27.27% have issued a Strong Sell.