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Best Shoe Stocks to Buy Now (2022)
Top shoe stocks in 2022 ranked by overall Zen Score. See the best shoe stocks to buy now, according to analyst forecasts for the footwear & accessories industry.

Industry: Footwear & Accessories
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SHOO
STEVEN MADDEN LTD
$2.62B$2.23B$340.59M$250.26M$3.2535.91%7.99%72.87%17.20%
DECK
DECKERS OUTDOOR CORP
$10.08B$3.41B$611.34M$448.14M$16.5519.13%13.38%5.35%74.60%2023-02-01
CROX
CROCS INC
$5.96B$3.20B$825.71M$557.28M$9.2349.49%25.87%-21.18%N/A
WWW
WOLVERINE WORLD WIDE INC
$808.03M$2.66B$271.20M$158.70M$1.9716.01%1.21%N/A26.84%
WEYS
WEYCO GROUP INC
$257.78M$354.07M$42.22M$29.66M$3.0955.14%4.39%95.57%14.07%
SKX
SKECHERS USA INC
$6.73B$7.21B$583.99M$699.94M$4.5020.64%12.76%77.87%22.67%2023-02-01
RCKY
ROCKY BRANDS INC
$172.10M$646.00M$60.49M$26.50M$3.6349.40%20.61%49.38%42.86%
CAL
CALERES INC
$808.48M$2.95B$295.27M$174.79M$4.7210.55%1.62%728.07%27.33%
NKE
NIKE INC
$174.23B$47.15B$7.37B$5.64B$3.582.07%6.53%-7.25%8.42%2022-12-20
AREB
AMERICAN REBEL HOLDINGS INC
$3.79M$4.73M-$6.32M-$7.59M-$2.19292.92%166.13%N/AN/A
FL
FOOT LOCKER INC
$3.64B$8.75B$856.00M$426.00M$4.49-0.59%2.64%-48.98%2.39%
VRA
VERA BRADLEY INC
$142.03M$502.45M$3.83M-$26.42M-$0.83-5.78%1.89%N/AN/A
FORD
FORWARD INDUSTRIES INC
$12.07M$43.46M-$243.67k-$679.31k-$0.0718.48%11.60%N/AN/A2022-12-14

Shoe Stocks FAQ

What are the best shoe stocks to buy right now in Dec 2022?

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

1. Steven Madden (NASDAQ:SHOO)


Steven Madden (NASDAQ:SHOO) is the top shoe stock with a Zen Score of 64, which is 20 points higher than the shoe industry average of 44. It passed 24 out of 38 due diligence checks and has strong fundamentals. Steven Madden has seen its stock lose -30.79% over the past year, underperforming other shoe stocks by -9 percentage points.

Steven Madden has an average 1 year price target of $37.00, an upside of 10.09% from Steven Madden's current stock price of $33.61.

Steven Madden stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Steven Madden, 12.5% have issued a Strong Buy rating, 25% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Deckers Outdoor (NYSE:DECK)


Deckers Outdoor (NYSE:DECK) is the second best shoe stock with a Zen Score of 58, which is 14 points higher than the shoe industry average of 44. It passed 20 out of 33 due diligence checks and has strong fundamentals. Deckers Outdoor has seen its stock lose -6.13% over the past year, overperforming other shoe stocks by 16 percentage points.

Deckers Outdoor has an average 1 year price target of $423.70, an upside of 11.26% from Deckers Outdoor's current stock price of $380.81.

Deckers Outdoor stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Deckers Outdoor, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Crocs (NASDAQ:CROX)


Crocs (NASDAQ:CROX) is the third best shoe stock with a Zen Score of 56, which is 12 points higher than the shoe industry average of 44. It passed 19 out of 33 due diligence checks and has strong fundamentals. Crocs has seen its stock lose -42.11% over the past year, underperforming other shoe stocks by -20 percentage points.

Crocs has an average 1 year price target of $105.40, an upside of 9.19% from Crocs's current stock price of $96.53.

Crocs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Crocs, 28.57% have issued a Strong Buy rating, 28.57% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the shoe stocks with highest dividends?

Out of 7 shoe stocks that have issued dividends in the past year, the 3 shoe stocks with the highest dividend yields are:

1. Wolverine World Wide (NYSE:WWW)


Wolverine World Wide (NYSE:WWW) has an annual dividend yield of 3.9%, which is 1 percentage points higher than the shoe industry average of 2.66%. Wolverine World Wide's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Wolverine World Wide's dividend has shown consistent growth over the last 10 years.

Wolverine World Wide's dividend payout ratio of 20.3% indicates that its dividend yield is sustainable for the long-term.

2. Foot Locker (NYSE:FL)


Foot Locker (NYSE:FL) has an annual dividend yield of 3.84%, which is 1 percentage points higher than the shoe industry average of 2.66%. Foot Locker's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Foot Locker's dividend has shown consistent growth over the last 10 years.

Foot Locker's dividend payout ratio of 33.4% indicates that its dividend yield is sustainable for the long-term.

3. Weyco Group (NASDAQ:WEYS)


Weyco Group (NASDAQ:WEYS) has an annual dividend yield of 3.58%, which is 1 percentage points higher than the shoe industry average of 2.66%. Weyco Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Weyco Group's dividend has shown consistent growth over the last 10 years.

Weyco Group's dividend payout ratio of 31.1% indicates that its dividend yield is sustainable for the long-term.

Why are shoe stocks up?

Shoe stocks were up 0.71% in the last day, and down -2.17% over the last week.

We couldn't find a catalyst for why shoe stocks are up.

What are the most undervalued shoe stocks?

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

1. Weyco Group (NASDAQ:WEYS)


Weyco Group (NASDAQ:WEYS) is the most undervalued shoe stock based on WallStreetZen's Valuation Score. Weyco Group has a valuation score of 86, which is 39 points higher than the shoe industry average of 47. It passed 6 out of 7 valuation due diligence checks.

Weyco Group's stock has gained 11.3% in the past year. It has overperformed other stocks in the shoe industry by 33 percentage points.

2. Wolverine World Wide (NYSE:WWW)


Wolverine World Wide (NYSE:WWW) is the second most undervalued shoe stock based on WallStreetZen's Valuation Score. Wolverine World Wide has a valuation score of 71, which is 24 points higher than the shoe industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Wolverine World Wide's stock has dropped -68.44% in the past year. It has underperformed other stocks in the shoe industry by -47 percentage points.

3. Crocs (NASDAQ:CROX)


Crocs (NASDAQ:CROX) is the third most undervalued shoe stock based on WallStreetZen's Valuation Score. Crocs has a valuation score of 57, which is 10 points higher than the shoe industry average of 47. It passed 4 out of 7 valuation due diligence checks.

Crocs's stock has dropped -42.11% in the past year. It has underperformed other stocks in the shoe industry by -20 percentage points.

Are shoe stocks a good buy now?

54.55% of shoe stocks rated by analysts are a buy right now. On average, analysts expect shoe stocks to rise by 16.56% over the next year.

What is the average p/e ratio of the footwear & accessories industry?

The average P/E ratio of the footwear & accessories industry is 28.46x.
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.