According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best metal fabrication stocks to buy right now are:
1. Insteel Industries (NYSE:IIIN)
The Component Grade breakdown for Insteel Industries (NYSE:IIIN) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Insteel Industries (NYSE:IIIN) has a Due Diligence Score of 54, which is 22 points higher than the metal fabrication industry average of 32.
IIIN passed 20 out of 38 due diligence checks and has strong fundamentals. Insteel Industries has seen its stock return 6.27% over the past year, underperforming other metal fabrication stocks by -36 percentage points.
2. Worthington Enterprises (NYSE:WOR)
The Component Grade breakdown for Worthington Enterprises (NYSE:WOR) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: D, Financials: C, and AI: A.
Worthington Enterprises (NYSE:WOR) has a Due Diligence Score of 42, which is 10 points higher than the metal fabrication industry average of 32.
WOR passed 16 out of 38 due diligence checks and has strong fundamentals. Worthington Enterprises has seen its stock return 24.61% over the past year, underperforming other metal fabrication stocks by -18 percentage points.
Worthington Enterprises has an average 1 year
price target of $63.67, an upside of 2.82% from Worthington Enterprises's current stock price of $61.92.
Worthington Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Worthington Enterprises, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.
3. Proto Labs (NYSE:PRLB)
Proto Labs (NYSE:PRLB) is the #3 top metal fabrication stock out of 19 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Proto Labs (NYSE:PRLB) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Proto Labs (NYSE:PRLB) has a Due Diligence Score of 30, which is -2 points lower than the metal fabrication industry average of 32. Although this number is below the industry average, our proven quant model rates PRLB as a "B".
PRLB passed 9 out of 33 due diligence checks and has average fundamentals. Proto Labs has seen its stock return 13.88% over the past year, underperforming other metal fabrication stocks by -28 percentage points.
Proto Labs has an average 1 year
price target of $50.00, an upside of 27.45% from Proto Labs's current stock price of $39.23.
Proto Labs stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Proto Labs, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.