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: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Vera Bradley (NASDAQ:VRA) has a Due Diligence Score of 23, which is -24 points lower than the shoe industry average of 47. 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 154.46% over the past year, overperforming other shoe stocks by 153 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 11 points higher than the shoe industry average of 47.
WEYS passed 20 out of 38 due diligence checks and has strong fundamentals. Weyco Group has seen its stock return 78.74% 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: A, Safety: C, Financials: C, and AI: B.
Rocky Brands (NASDAQ:RCKY) has a Due Diligence Score of 59, which is 12 points higher than the shoe industry average of 47.
RCKY passed 21 out of 38 due diligence checks and has strong fundamentals. Rocky Brands has seen its stock return 60.81% over the past year, overperforming other shoe stocks by 59 percentage points.
Rocky Brands has an average 1 year
price target of $50.00, an upside of 11.28% from Rocky Brands's current stock price of $44.93.
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.