According to Zen Score, the 3 best home improvement stocks to buy right now are:
1. Arhaus (NASDAQ:ARHS)
Arhaus (NASDAQ:ARHS) is the top home improvement stock with a Zen Score of 59, which is 17 points higher than the home improvement industry average of 42. It passed 20 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 62.67% over the past year, overperforming other home improvement stocks by 73 percentage points.
Arhaus has an average 1 year
price target of $11.83, a downside of -11.83% from Arhaus's current stock price of $13.42.
Arhaus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Arhaus, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Haverty Furniture Companies (NYSE:HVT)
Haverty Furniture Companies (NYSE:HVT) is the second best home improvement stock with a Zen Score of 54, which is 12 points higher than the home improvement industry average of 42. It passed 19 out of 38 due diligence checks and has strong fundamentals. Haverty Furniture Companies has seen its stock return 17.76% over the past year, overperforming other home improvement stocks by 28 percentage points.
Haverty Furniture Companies stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Haverty Furniture Companies, 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.
3. Home Depot (NYSE:HD)
Home Depot (NYSE:HD) is the third best home improvement stock with a Zen Score of 46, which is 4 points higher than the home improvement industry average of 42. It passed 16 out of 38 due diligence checks and has strong fundamentals. Home Depot has seen its stock lose -11.15% over the past year, underperforming other home improvement stocks by -1 percentage points.
Home Depot has an average 1 year
price target of $346.71, an upside of 9.48% from Home Depot's current stock price of $316.69.
Home Depot stock has a consensus Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Home Depot, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.