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: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: B.
Weyco Group (NASDAQ:WEYS) has a Due Diligence Score of 61, which is 18 points higher than the shoe industry average of 43.
WEYS passed 21 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 55.05% over the past year, overperforming other shoe stocks by 55 percentage points.
2. Rocky Brands (NASDAQ:RCKY)
The Component Grade breakdown for Rocky Brands (NASDAQ:RCKY) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Rocky Brands (NASDAQ:RCKY) has a Due Diligence Score of 46, which is 3 points higher than the shoe industry average of 43.
RCKY passed 16 out of 38 due diligence checks and has strong fundamentals. Rocky Brands has seen its stock return 75.54% over the past year, overperforming other shoe stocks by 76 percentage points.
Rocky Brands has an average 1 year
price target of $56.00, an upside of 19.68% from Rocky Brands's current stock price of $46.79.
Rocky Brands stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rocky Brands, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Steven Madden (NASDAQ:SHOO)
The Component Grade breakdown for Steven Madden (NASDAQ:SHOO) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Steven Madden (NASDAQ:SHOO) has a Due Diligence Score of 51, which is 8 points higher than the shoe industry average of 43.
SHOO passed 18 out of 38 due diligence checks and has strong fundamentals. Steven Madden has seen its stock return 69.85% over the past year, overperforming other shoe stocks by 70 percentage points.
Steven Madden has an average 1 year
price target of $52.00, an upside of 12.85% from Steven Madden's current stock price of $46.08.
Steven Madden stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Steven Madden, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.