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. Crocs (NASDAQ:CROX)
Crocs (NASDAQ:CROX) is the #1 top shoe stock out of 13 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Crocs (NASDAQ:CROX) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
Crocs (NASDAQ:CROX) has a Due Diligence Score of 21, which is -17 points lower than the shoe industry average of 38. Although this number is below the industry average, our proven quant model rates CROX as a "B".
CROX passed 7 out of 33 due diligence checks and has weak fundamentals. Crocs has seen its stock return 14.93% over the past year, overperforming other shoe stocks by 18 percentage points.
Crocs has an average 1 year
price target of $126.11, an upside of 3% from Crocs's current stock price of $122.44.
Crocs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Crocs, 22.22% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.
2. Weyco Group (NASDAQ:WEYS)
The Component Grade breakdown for Weyco Group (NASDAQ:WEYS) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
Weyco Group (NASDAQ:WEYS) has a Due Diligence Score of 41, which is 3 points higher than the shoe industry average of 38.
WEYS passed 13 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 12.38% over the past year, overperforming other shoe stocks by 15 percentage points.
3. Wolverine World Wide (NYSE:WWW)
The Component Grade breakdown for Wolverine World Wide (NYSE:WWW) is: Value: A, Growth: C, Momentum: D, Sentiment: B, Safety: C, Financials: C, and AI: C.
Wolverine World Wide (NYSE:WWW) has a Due Diligence Score of 56, which is 18 points higher than the shoe industry average of 38.
WWW passed 21 out of 38 due diligence checks and has strong fundamentals. Wolverine World Wide has seen its stock lose -13.84% over the past year, underperforming other shoe stocks by -11 percentage points.
Wolverine World Wide has an average 1 year
price target of $23.17, an upside of 38.31% from Wolverine World Wide's current stock price of $16.75.
Wolverine World Wide stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Wolverine World Wide, 16.67% have issued a Strong Buy rating, 50% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.