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 footwear stocks to buy right now are:
1. Weyco Group (NASDAQ:WEYS)
The Component Grade breakdown for Weyco Group (NASDAQ:WEYS) is: Value: B, Growth: B, Momentum: A, Sentiment: C, Safety: C, Financials: B, and AI: A.
Weyco Group (NASDAQ:WEYS) has a Due Diligence Score of 58, which is 11 points higher than the shoe industry average of 47.
WEYS passed 20 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 82.99% over the past year, overperforming other shoe stocks by 67 percentage points.
2. Crocs (NASDAQ:CROX)
Crocs (NASDAQ:CROX) is the #2 top shoe stock out of 12 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Crocs (NASDAQ:CROX) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Crocs (NASDAQ:CROX) has a Due Diligence Score of 49, which is 2 points higher than the shoe industry average of 47.
CROX passed 16 out of 33 due diligence checks and has strong fundamentals. Crocs has seen its stock return 89.27% over the past year, overperforming other shoe stocks by 74 percentage points.
Crocs has an average 1 year
price target of $157.25, an upside of 2.37% from Crocs's current stock price of $153.61.
Crocs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Crocs, 37.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Vera Bradley (NASDAQ:VRA)
The Component Grade breakdown for Vera Bradley (NASDAQ:VRA) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: C.
Vera Bradley (NASDAQ:VRA) has a Due Diligence Score of 23, which is -24 points lower than the shoe industry average of 47. Although this number is below the industry average, our proven quant model rates VRA as a "A".
VRA passed 7 out of 33 due diligence checks and has weak fundamentals. Vera Bradley has seen its stock return 191.67% over the past year, overperforming other shoe stocks by 176 percentage points.
Vera Bradley stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Vera Bradley, 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.