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: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Weyco Group (NASDAQ:WEYS) has a Due Diligence Score of 52, which is 10 points higher than the shoe industry average of 42.
WEYS passed 17 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock lose -0.23% over the past year, overperforming other shoe stocks by 19 percentage points.
2. Wolverine World Wide (NYSE:WWW)
The Component Grade breakdown for Wolverine World Wide (NYSE:WWW) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
Wolverine World Wide (NYSE:WWW) has a Due Diligence Score of 35, which is -7 points lower than the shoe industry average of 42. Although this number is below the industry average, our proven quant model rates WWW as a "B".
WWW passed 14 out of 38 due diligence checks and has average fundamentals. Wolverine World Wide has seen its stock return 25.62% over the past year, overperforming other shoe stocks by 44 percentage points.
Wolverine World Wide has an average 1 year
price target of $22.50, an upside of 58.79% from Wolverine World Wide's current stock price of $14.17.
Wolverine World Wide stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Wolverine World Wide, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Rocky Brands (NASDAQ:RCKY)
The Component Grade breakdown for Rocky Brands (NASDAQ:RCKY) is: Value: A, Growth: C, Momentum: D, Sentiment: C, Safety: C, Financials: B, and AI: C.
Rocky Brands (NASDAQ:RCKY) has a Due Diligence Score of 46, which is 4 points higher than the shoe industry average of 42.
RCKY passed 15 out of 38 due diligence checks and has strong fundamentals. Rocky Brands has seen its stock lose -28.9% over the past year, underperforming other shoe stocks by -10 percentage points.
Rocky Brands has an average 1 year
price target of $25.00, an upside of 40.13% from Rocky Brands's current stock price of $17.84.
Rocky Brands stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Rocky Brands, 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.