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Best Retail Stocks to Buy Now (2024)
Top retail stocks in 2024 ranked by overall Zen Score. See the best retail stocks to buy now, according to analyst forecasts for the specialty retail industry.

Industry: Specialty Retail
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
BBY
BEST BUY CO INC
$16.43B$76.29$84.4210.65%Buy120.31%50.76%N/AN/A
MNSO
MINISO GROUP HOLDING LTD
$6.55B$20.74N/AN/AN/AN/A8.53%-15.74%N/AN/A
FIVE
FIVE BELOW INC
$8.44B$152.81$211.3138.28%Strong Buy1315.07%26.99%N/AN/A
HZO
MARINEMAX INC
$611.68M$27.43$41.2550.38%Strong Buy41.28%88.38%N/AN/A
SBH
SALLY BEAUTY HOLDINGS INC
$1.09B$10.35$12.3319.16%Hold31.08%45.96%N/AN/A
ARKO
ARKO CORP
$548.37M$4.72$7.3856.25%Hold2-0.12%45.55%N/AN/A
WSM
WILLIAMS SONOMA INC
$18.50B$288.53$263.56-8.65%Hold162.20%16.65%N/AN/A
TSCO
TRACTOR SUPPLY CO
$26.11B$241.97$237.56-1.82%Buy184.86%12.43%N/AN/A
ULTA
ULTA BEAUTY INC
$20.91B$433.24$573.7932.44%Buy195.56%0.01%N/AN/A
ASO
ACADEMY SPORTS & OUTDOORS INC
$4.44B$59.71$78.5531.54%Strong Buy115.97%14.71%N/AN/A
OLPX
OLAPLEX HOLDINGS INC
$911.85M$1.38$2.2864.86%Buy42.71%141.01%N/AN/A
DKS
DICK's SPORTING GOODS INC
$16.37B$198.53$217.169.38%Buy193.49%1.40%N/AN/A
BBW
BUILD-A-BEAR WORKSHOP INC
$394.55M$27.58$40.5046.85%Strong Buy22.96%N/AN/AN/A
RH
RH
$4.61B$251.52$323.8028.74%Buy107.97%111.37%N/AN/A
CASY
CASEYS GENERAL STORES INC
$11.58B$312.78$329.405.31%Strong Buy53.56%-5.95%N/AN/A
EVGO
EVGO INC
$569.86M$1.89$4.90159.26%Hold551.01%N/AN/AN/A
TLF
TANDY LEATHER FACTORY INC
$38.30M$4.56N/AN/AN/AN/AN/AN/AN/AN/A
BBWI
BATH & BODY WORKS INC
$10.03B$44.59$44.57-0.04%Hold142.51%14.54%N/AN/A
GRWG
GROWGENERATION CORP
$140.23M$2.28N/AN/AN/AN/A-8.30%N/A19.86%14.41%
GPC
GENUINE PARTS CO
$20.18B$144.75$161.6011.64%Buy53.69%N/AN/AN/A
NVVE
NUVVE HOLDING CORP
$4.08M$0.67N/AN/AN/AN/A1,340.20%N/A6,366.55%2,271.45%
CHPT
CHARGEPOINT HOLDINGS INC
$668.91M$1.58$3.83142.09%Buy1218.87%N/AN/AN/A
AAP
ADVANCE AUTO PARTS INC
$4.17B$70.08$65.50-6.54%Hold121.26%702.50%N/AN/A
LESL
LESLIE's INC
$808.17M$4.38$6.1941.23%Hold72.90%234.66%N/AN/A
WBUY
WEBUY GLOBAL LTD
$18.86M$0.36N/AN/AN/AN/AN/AN/AN/AN/A
WINA
WINMARK CORP
$1.22B$347.67N/AN/AN/AN/AN/AN/AN/AN/A
AZO
AUTOZONE INC
$50.24B$2,903.51$3.25k12.07%Strong Buy114.11%-4.93%N/AN/A
ORLY
O REILLY AUTOMOTIVE INC
$63.13B$1,069.27$1.14k6.90%Strong Buy116.28%0.82%N/AN/A
BARK
BARK INC
$187.81M$1.06$1.7060.38%Buy28.23%N/AN/AN/A
YHGJ
YUNHONG GREEN CTI LTD
$31.34M$1.51N/AN/AN/AN/AN/AN/AN/AN/A
MUSA
MURPHY USA INC
$8.65B$415.86$403.75-2.91%Buy42.87%-7.57%N/AN/A
GME
GAMESTOP CORP
$3.08B$10.06$5.60-44.33%Sell1-11.28%N/AN/AN/A
SVV
SAVERS VALUE VILLAGE INC
$2.68B$16.61$24.0044.49%Strong Buy37.93%N/AN/AN/A
FLWS
1 800 FLOWERS COM INC
$565.64M$8.77N/AN/AN/AN/A-3.11%N/AN/AN/A
BWMX
BETTERWARE DE MEXICO SAPI DE CV
$697.07M$18.68$22.5020.45%Strong Buy14.16%N/AN/AN/A
ODP
ODP CORP
$1.84B$50.31$56.0011.31%Hold1-3.79%N/AN/AN/A
CONN
CONNS INC
$97.46M$3.97N/AN/AN/AN/A29.44%N/AN/AN/A
SPWH
SPORTSMAN's WAREHOUSE HOLDINGS INC
$120.78M$3.21$4.0024.61%Hold2-2.44%N/AN/AN/A
NAAS
NAAS TECHNOLOGY INC
$238.13M$1.00N/AN/AN/AN/A655.95%N/AN/AN/A
BGFV
BIG 5 SPORTING GOODS CORP
$71.58M$3.19N/AN/AN/AN/AN/AN/AN/AN/A
WOOF
PETCO HEALTH & WELLNESS COMPANY INC
$507.16M$1.65$3.0786.30%Hold111.44%N/AN/AN/A
BNED
BARNES & NOBLE EDUCATION INC
$37.21M$0.70$2.63275.00%Buy2N/AN/AN/AN/A
BQ
BOQII HOLDING LTD
$1.18M$0.24N/AN/AN/AN/AN/AN/AN/AN/A
TCS
CONTAINER STORE GROUP INC
$52.13M$1.01N/AN/AN/AN/A-4.76%N/AN/AN/A
EYE
NATIONAL VISION HOLDINGS INC
$1.51B$19.22$19.501.46%Hold2-2.86%N/AN/AN/A

Retail Stocks FAQ

What are the best retail stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best retail stocks to buy right now are:

1. Best Buy Co (NYSE:BBY)


Best Buy Co (NYSE:BBY) is the top retail stock with a Zen Score of 52, which is 21 points higher than the retail industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Best Buy Co has seen its stock return 4.06% over the past year, underperforming other retail stocks by -5 percentage points.

Best Buy Co has an average 1 year price target of $84.42, an upside of 10.65% from Best Buy Co's current stock price of $76.29.

Best Buy Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Best Buy Co, 25% have issued a Strong Buy rating, 8.33% have issued a Buy, 58.33% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

2. Miniso Group Holding (NYSE:MNSO)


Miniso Group Holding (NYSE:MNSO) is the second best retail stock with a Zen Score of 51, which is 20 points higher than the retail industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Miniso Group Holding has seen its stock return 22.65% over the past year, overperforming other retail stocks by 14 percentage points.

3. Five Below (NASDAQ:FIVE)


Five Below (NASDAQ:FIVE) is the third best retail stock with a Zen Score of 50, which is 19 points higher than the retail industry average of 31. It passed 17 out of 33 due diligence checks and has strong fundamentals. Five Below has seen its stock lose -24.54% over the past year, underperforming other retail stocks by -33 percentage points.

Five Below has an average 1 year price target of $211.31, an upside of 38.28% from Five Below's current stock price of $152.81.

Five Below stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Five Below, 53.85% have issued a Strong Buy rating, 23.08% have issued a Buy, 23.08% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the retail stocks with highest dividends?

Out of 14 retail stocks that have issued dividends in the past year, the 3 retail stocks with the highest dividend yields are:

1. Big 5 Sporting Goods (NASDAQ:BGFV)


Big 5 Sporting Goods (NASDAQ:BGFV) has an annual dividend yield of 21.16%, which is 18 percentage points higher than the retail industry average of 3.23%. Big 5 Sporting Goods's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Big 5 Sporting Goods's dividend has not shown consistent growth over the last 10 years.

Big 5 Sporting Goods's dividend payout ratio of -265.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Best Buy Co (NYSE:BBY)


Best Buy Co (NYSE:BBY) has an annual dividend yield of 4.85%, which is 2 percentage points higher than the retail industry average of 3.23%. Best Buy Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Best Buy Co's dividend has shown consistent growth over the last 10 years.

Best Buy Co's dividend payout ratio of 64.6% indicates that its high dividend yield is sustainable for the long-term.

3. Winmark (NASDAQ:WINA)


Winmark (NASDAQ:WINA) has an annual dividend yield of 3.62%, which is the same as the retail industry average of 3.23%. Winmark's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Winmark's dividend has shown consistent growth over the last 10 years.

Winmark's dividend payout ratio of 109.1% indicates that its dividend yield might not be sustainable for the long-term.

Why are retail stocks down?

Retail stocks were down -1.19% in the last day, and down -4.39% over the last week. Gamestop was the among the top losers in the specialty retail industry, dropping -6.59% yesterday.

Shares of retail companies are trading lower amid overall market weakness.

What are the most undervalued retail stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued retail stocks right now are:

1. Arko (NASDAQ:ARKO)


Arko (NASDAQ:ARKO) is the most undervalued retail stock based on WallStreetZen's Valuation Score. Arko has a valuation score of 100, which is 65 points higher than the retail industry average of 35. It passed 7 out of 7 valuation due diligence checks.

Arko's stock has dropped -46.03% in the past year. It has underperformed other stocks in the retail industry by -55 percentage points.

2. Academy Sports & Outdoors (NASDAQ:ASO)


Academy Sports & Outdoors (NASDAQ:ASO) is the second most undervalued retail stock based on WallStreetZen's Valuation Score. Academy Sports & Outdoors has a valuation score of 100, which is 65 points higher than the retail industry average of 35. It passed 7 out of 7 valuation due diligence checks.

Academy Sports & Outdoors's stock has dropped -7.78% in the past year. It has underperformed other stocks in the retail industry by -17 percentage points.

3. Olaplex Holdings (NASDAQ:OLPX)


Olaplex Holdings (NASDAQ:OLPX) is the third most undervalued retail stock based on WallStreetZen's Valuation Score. Olaplex Holdings has a valuation score of 71, which is 36 points higher than the retail industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Olaplex Holdings's stock has dropped -64.71% in the past year. It has underperformed other stocks in the retail industry by -74 percentage points.

Are retail stocks a good buy now?

34.38% of retail stocks rated by analysts are a buy right now. On average, analysts expect retail stocks to rise by 11.44% over the next year.

What is the average p/e ratio of the specialty retail industry?

The average P/E ratio of the specialty retail industry is 25.96x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.