According to Zen Score, the 3 best home improvement stocks to buy right now are:
1. Arhaus (NASDAQ:ARHS)
Arhaus (NASDAQ:ARHS) is the top home improvement stock with a Zen Score of 62, which is 27 points higher than the home improvement industry average of 35. It passed 20 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 87.16% over the past year, overperforming other home improvement stocks by 69 percentage points.
Arhaus has an average 1 year
price target of $18.14, an upside of 11.17% from Arhaus's current stock price of $16.32.
Arhaus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Arhaus, 57.14% have issued a Strong Buy rating, 42.86% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Home Depot (NYSE:HD)
Home Depot (NYSE:HD) is the second best home improvement stock with a Zen Score of 52, which is 17 points higher than the home improvement industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Home Depot has seen its stock return 19.86% over the past year, overperforming other home improvement stocks by 1 percentage points.
Home Depot has an average 1 year
price target of $387.53, an upside of 11.86% from Home Depot's current stock price of $346.43.
Home Depot stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Home Depot, 52.63% have issued a Strong Buy rating, 21.05% have issued a Buy, 21.05% have issued a hold, while 5.26% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lowes Companies (NYSE:LOW)
Lowes Companies (NYSE:LOW) is the third best home improvement stock with a Zen Score of 51, which is 16 points higher than the home improvement industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. Lowes Companies has seen its stock return 15.03% over the past year, underperforming other home improvement stocks by -4 percentage points.
Lowes Companies has an average 1 year
price target of $250.05, an upside of 6.39% from Lowes Companies's current stock price of $235.03.
Lowes Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Lowes Companies, 42.86% have issued a Strong Buy rating, 4.76% have issued a Buy, 52.38% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.