According to Due Diligence 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 Due Diligence Score of 50, which is 21 points higher than the home improvement industry average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 16.37% over the past year, underperforming other home improvement stocks by -4 percentage points.
Arhaus has an average 1 year
price target of $12.56, an upside of 11.41% from Arhaus's current stock price of $11.27.
Arhaus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Arhaus, 44.44% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Home Depot (NYSE:HD)
Home Depot (NYSE:HD) is the second best home improvement stock with a Due Diligence Score of 46, which is 17 points higher than the home improvement industry average of 29. It passed 16 out of 38 due diligence checks and has strong fundamentals. Home Depot has seen its stock return 27.18% over the past year, overperforming other home improvement stocks by 7 percentage points.
Home Depot has an average 1 year
price target of $437.86, an upside of 3.91% from Home Depot's current stock price of $421.38.
Home Depot stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Home Depot, 66.67% have issued a Strong Buy rating, 14.29% have issued a Buy, 19.05% 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 Due Diligence Score of 43, which is 14 points higher than the home improvement industry average of 29. It passed 15 out of 38 due diligence checks and has strong fundamentals. Lowes Companies has seen its stock return 29.83% over the past year, overperforming other home improvement stocks by 10 percentage points.
Lowes Companies has an average 1 year
price target of $282.91, an upside of 5.6% from Lowes Companies's current stock price of $267.90.
Lowes Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Lowes Companies, 42.86% have issued a Strong Buy rating, 19.05% have issued a Buy, 38.1% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.