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. 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 -23 points lower than the shoe industry average of 46. 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 146.86% over the past year, overperforming other shoe stocks by 152 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.
2. Weyco Group (NASDAQ:WEYS)
The Component Grade breakdown for Weyco Group (NASDAQ:WEYS) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Weyco Group (NASDAQ:WEYS) has a Due Diligence Score of 58, which is 12 points higher than the shoe industry average of 46.
WEYS passed 20 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 71.64% over the past year, overperforming other shoe stocks by 77 percentage points.
3. Rocky Brands (NASDAQ:RCKY)
The Component Grade breakdown for Rocky Brands (NASDAQ:RCKY) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.
Rocky Brands (NASDAQ:RCKY) has a Due Diligence Score of 56, which is 10 points higher than the shoe industry average of 46.
RCKY passed 20 out of 38 due diligence checks and has strong fundamentals. Rocky Brands has seen its stock return 53.12% over the past year, overperforming other shoe stocks by 58 percentage points.
Rocky Brands has an average 1 year
price target of $50.00, an upside of 6.97% from Rocky Brands's current stock price of $46.74.
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.