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 59, which is 24 points higher than the home improvement industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 100.24% over the past year, overperforming other home improvement stocks by 80 percentage points.
Arhaus has an average 1 year
price target of $18.14, an upside of 7.36% from Arhaus's current stock price of $16.90.
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 20.84% over the past year.
Home Depot has an average 1 year
price target of $389.28, an upside of 11.65% from Home Depot's current stock price of $348.67.
Home Depot stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Home Depot, 61.11% have issued a Strong Buy rating, 11.11% have issued a Buy, 22.22% have issued a hold, while 5.56% 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 17.13% over the past year, underperforming other home improvement stocks by -3 percentage points.
Lowes Companies has an average 1 year
price target of $250.55, an upside of 6.13% from Lowes Companies's current stock price of $236.08.
Lowes Companies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 20 analysts covering Lowes Companies, 40% have issued a Strong Buy rating, 5% have issued a Buy, 55% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.