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Best Textile Stocks to Buy Now (2024)
Top textile stocks in 2024 ranked by overall Zen Score. See the best textile stocks to buy now, according to analyst forecasts for the textile manufacturing industry.

Industry: Textile Manufacturing
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
AIN
ALBANY INTERNATIONAL CORP
NYSE
Textile Manufacturing
$2.75B$88.080.00%$256.87M24.74x0.90
UFI
UNIFI INC
NYSE
Textile Manufacturing
$105.32M$5.800.17%-$15.20M-1.95x0.69
CULP
CULP INC
NYSE
Textile Manufacturing
$56.99M$4.571.33%-$3.67M-4.15x0.76
DXYN
DIXIE GROUP INC
NASDAQ
Textile Manufacturing
$8.29M$0.532.10%$12.04M-2.97x5.53
1

Textile Stocks FAQ

What are the best textile stocks to buy right now in Apr 2024?

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

1. Albany International (NYSE:AIN)


Albany International (NYSE:AIN) is the top textile stock with a Zen Score of 40, which is 15 points higher than the textile industry average of 25. It passed 15 out of 38 due diligence checks and has average fundamentals. Albany International has seen its stock lose -3.26% over the past year, overperforming other textile stocks by 2 percentage points.

Albany International has an average 1 year price target of $108.00, an upside of 22.62% from Albany International's current stock price of $88.08.

Albany International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Albany International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Unifi (NYSE:UFI)


Unifi (NYSE:UFI) is the second best textile stock with a Zen Score of 26, which is 1 points higher than the textile industry average of 25. It passed 8 out of 33 due diligence checks and has average fundamentals. Unifi has seen its stock lose -20.33% over the past year, underperforming other textile stocks by -15 percentage points.

3. Culp (NYSE:CULP)


Culp (NYSE:CULP) is the third best textile stock with a Zen Score of 21, which is -4 points lower than the textile industry average of 25. It passed 8 out of 38 due diligence checks and has weak fundamentals. Culp has seen its stock lose -14.26% over the past year, underperforming other textile stocks by -9 percentage points.

Are textile stocks a good buy now?

100% of textile stocks rated by analysts are a buy right now. On average, analysts expect textile stocks to rise by 22.62% over the next year.

What is the average p/e ratio of the textile manufacturing industry?

The average P/E ratio of the textile manufacturing industry is 23.14x.

What are the textile stocks with highest dividends?

Out of 1 textile stocks that have issued dividends in the past year, the 1 textile stocks with the highest dividend yields are:

1. Albany International (NYSE:AIN)


Albany International (NYSE:AIN) has an annual dividend yield of 1.16%, which is the same as the textile industry average of 1.16%. Albany International's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Albany International's dividend has shown consistent growth over the last 10 years.

Albany International's dividend payout ratio of 28.4% indicates that its dividend yield is sustainable for the long-term.

Why are textile stocks up?

Textile stocks were up 0.08% in the last day, and up 0.43% over the last week.

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