According to Zen Score, the 3 best footwear stocks to buy right now are:
1. Skechers Usa (NYSE:SKX)
Skechers Usa (NYSE:SKX) is the top shoe stock with a Zen Score of 59, which is 23 points higher than the shoe industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Skechers Usa has seen its stock return 24.29% over the past year, underperforming other shoe stocks by -9 percentage points.
Skechers Usa has an average 1 year
price target of $70.00, an upside of 5.98% from Skechers Usa's current stock price of $66.05.
Skechers Usa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Skechers Usa, 37.5% have issued a Strong Buy rating, 50% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Crocs (NASDAQ:CROX)
Crocs (NASDAQ:CROX) is the second best shoe stock with a Zen Score of 57, which is 21 points higher than the shoe industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Crocs has seen its stock return 2.8% over the past year, underperforming other shoe stocks by -31 percentage points.
Crocs has an average 1 year
price target of $137.00, an upside of 10.16% from Crocs's current stock price of $124.37.
Crocs stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Crocs, 55.56% have issued a Strong Buy rating, 11.11% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Weyco Group (NASDAQ:WEYS)
Weyco Group (NASDAQ:WEYS) is the third best shoe stock with a Zen Score of 52, which is 16 points higher than the shoe industry average of 36. It passed 17 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 10.67% over the past year, underperforming other shoe stocks by -23 percentage points.