According to Zen Score, the 3 best luxury good stocks to buy right now are:
1. Brilliant Earth Group (NASDAQ:BRLT)
Brilliant Earth Group (NASDAQ:BRLT) is the top luxury stock with a Zen Score of 48, which is 16 points higher than the luxury industry average of 32. It passed 16 out of 33 due diligence checks and has strong fundamentals. Brilliant Earth Group has seen its stock lose -23.9% over the past year, underperforming other luxury stocks by -17 percentage points.
Brilliant Earth Group has an average 1 year
price target of $6.81, an upside of 87.69% from Brilliant Earth Group's current stock price of $3.63.
Brilliant Earth Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Brilliant Earth Group, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Movado Group (NYSE:MOV)
Movado Group (NYSE:MOV) is the second best luxury stock with a Zen Score of 46, which is 14 points higher than the luxury industry average of 32. It passed 15 out of 38 due diligence checks and has strong fundamentals. Movado Group has seen its stock lose -21.49% over the past year, underperforming other luxury stocks by -15 percentage points.
Movado Group has an average 1 year
price target of $32.00, an upside of 19.63% from Movado Group's current stock price of $26.75.
Movado Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Movado Group, 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. Signet Jewelers (NYSE:SIG)
Signet Jewelers (NYSE:SIG) is the third best luxury stock with a Zen Score of 46, which is 14 points higher than the luxury industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Signet Jewelers has seen its stock return 4.09% over the past year, overperforming other luxury stocks by 11 percentage points.
Signet Jewelers has an average 1 year
price target of $83.75, an upside of 27.98% from Signet Jewelers's current stock price of $65.44.
Signet Jewelers stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Signet Jewelers, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.