According to Zen Score, the 3 best home improvement stocks to buy right now are:
1. Haverty Furniture Companies (NYSE:HVT)
Haverty Furniture Companies (NYSE:HVT) is the top home improvement stock with a Zen Score of 56, which is 17 points higher than the home improvement industry average of 39. It passed 20 out of 38 due diligence checks and has strong fundamentals. Haverty Furniture Companies has seen its stock return 10.1% over the past year, overperforming other home improvement stocks by 23 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.
2. Arhaus (NASDAQ:ARHS)
Arhaus (NASDAQ:ARHS) is the second best home improvement stock with a Zen Score of 51, which is 12 points higher than the home improvement industry average of 39. It passed 17 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 10.2% over the past year, overperforming other home improvement stocks by 23 percentage points.
Arhaus has an average 1 year
price target of $12.29, an upside of 47.67% from Arhaus's current stock price of $8.32.
Arhaus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Arhaus, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lowes Companies (NYSE:LOW)
Lowes Companies (NYSE:LOW) is the third best home improvement stock with a Zen Score of 45, which is 6 points higher than the home improvement industry average of 39. It passed 16 out of 38 due diligence checks and has strong fundamentals. Lowes Companies has seen its stock lose -14.14% over the past year, underperforming other home improvement stocks by -1 percentage points.
Lowes Companies has an average 1 year
price target of $224.62, an upside of 18.41% from Lowes Companies's current stock price of $189.69.
Lowes Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Lowes Companies, 36.36% have issued a Strong Buy rating, 9.09% have issued a Buy, 50% have issued a hold, while 4.55% have issued a Sell rating, and 0% have issued a Strong Sell.