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Top Apparel Stocks To Follow Now - November 3rd

NIKE logo with Consumer Discretionary background
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Key Points

  • NIKE, TJX Companies, Target, Ross Stores, On Holding, Tapestry, and Ralph Lauren were identified as the apparel stocks with the highest recent dollar trading volume and are being highlighted for investor attention.
  • Tuesday’s trading was mixed: Nike, TJX, Target, Tapestry, and Ralph Lauren declined, while Ross Stores and On Holding gained. Nike remained well below its one-year high, whereas Ralph Lauren traded near its 12-month peak.
  • The companies provide varied exposure to apparel and retail, including athletic wear, off-price retail, general merchandise, luxury accessories, and lifestyle brands; performance remains sensitive to consumer spending, fashion trends, inventory, supply-chain costs, and brand strength.
  • MarketBeat previews top five stocks to own in December.

NIKE, TJX Companies, Target, Ross Stores, ON, Tapestry, and Ralph Lauren are the seven Apparel stocks to watch today, according to MarketBeat's stock screener tool. Apparel stocks are shares of publicly traded companies that design, manufacture, market, or sell clothing, footwear, and fashion accessories. For investors, these stocks offer exposure to consumer spending and retail trends, but their performance can be affected by fashion preferences, economic conditions, inventory levels, supply-chain costs, and brand strength. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

NIKE (NKE)

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

NKE traded down $0.69 during trading on Tuesday, reaching $38.44. The stock had a trading volume of 7,019,897 shares, compared to its average volume of 24,594,059. NIKE has a one year low of $31.97 and a one year high of $69.14. The company has a market capitalization of $57.09 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 4.34 and a beta of 1.01. The stock's 50 day moving average is $36.91 and its two-hundred day moving average is $46.14. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

Read Our Latest Research Report on NKE

TJX Companies (TJX)

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

Shares of NYSE TJX traded down $3.04 during midday trading on Tuesday, reaching $137.96. 1,536,758 shares of the stock traded hands, compared to its average volume of 6,017,765. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The company's 50 day moving average is $135.72 and its 200 day moving average is $151.11. TJX Companies has a one year low of $122.78 and a one year high of $170.00. The stock has a market capitalization of $151.76 billion, a PE ratio of 25.51, a P/E/G ratio of 2.62 and a beta of 0.56.

Read Our Latest Research Report on TJX

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

NYSE:TGT traded down $4.15 on Tuesday, hitting $154.23. The stock had a trading volume of 1,024,345 shares, compared to its average volume of 5,048,824. The stock has a market cap of $70.07 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 2.76 and a beta of 0.98. The company has a fifty day moving average price of $156.99 and a two-hundred day moving average price of $134.06. Target has a 1-year low of $83.44 and a 1-year high of $170.75. The company has a quick ratio of 0.36, a current ratio of 0.99 and a debt-to-equity ratio of 0.80.

Read Our Latest Research Report on TGT

Ross Stores (ROST)

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.

Shares of NASDAQ ROST traded up $1.71 during midday trading on Tuesday, hitting $232.30. The stock had a trading volume of 545,156 shares, compared to its average volume of 2,591,907. The company has a market capitalization of $74.21 billion, a price-to-earnings ratio of 28.08, a PEG ratio of 2.03 and a beta of 0.83. The company has a quick ratio of 0.98, a current ratio of 1.61 and a debt-to-equity ratio of 0.12. Ross Stores has a 1-year low of $157.73 and a 1-year high of $257.00. The company has a fifty day moving average price of $231.00 and a 200 day moving average price of $222.25.

Read Our Latest Research Report on ROST

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

Shares of NYSE ONON traded up $1.15 during trading on Tuesday, hitting $36.67. The company had a trading volume of 3,452,998 shares, compared to its average volume of 7,150,343. The business's 50-day moving average is $30.83 and its 200 day moving average is $36.67. The company has a market cap of $23.40 billion, a P/E ratio of 24.92, a PEG ratio of 0.63 and a beta of 2.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.25 and a current ratio of 2.83. ON has a 52 week low of $26.36 and a 52 week high of $51.08.

Read Our Latest Research Report on ONON

Tapestry (TPR)

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.

TPR traded down $0.95 during trading on Tuesday, hitting $119.81. The company's stock had a trading volume of 731,467 shares, compared to its average volume of 2,570,925. Tapestry has a 12 month low of $93.00 and a 12 month high of $164.80. The firm's 50 day moving average price is $117.45 and its two-hundred day moving average price is $137.02. The company has a quick ratio of 1.25, a current ratio of 1.75 and a debt-to-equity ratio of 3.44. The stock has a market capitalization of $23.89 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 1.41 and a beta of 1.42.

Read Our Latest Research Report on TPR

Ralph Lauren (RL)

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men's, women's, and children's clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.

Shares of RL stock traded down $1.81 during trading on Tuesday, reaching $395.72. 189,036 shares of the company's stock were exchanged, compared to its average volume of 633,172. The company has a quick ratio of 1.42, a current ratio of 2.04 and a debt-to-equity ratio of 0.53. Ralph Lauren has a twelve month low of $306.55 and a twelve month high of $421.60. The firm's fifty day moving average price is $361.55 and its 200-day moving average price is $367.19. The stock has a market capitalization of $23.58 billion, a PE ratio of 24.95, a PEG ratio of 1.46 and a beta of 1.30.

Read Our Latest Research Report on RL

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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