The price of Steven Madden Ltd. (NASDAQ: SHOO) closed at $30.63 in the last session, down -2.95% from day before closing price of $31.56. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 951336 shares were traded. SHOO stock price reached its highest trading level at $31.77 during the session, while it also had its lowest trading level at $30.47.
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We take a closer look at SHOO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.76. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 3.00. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 when Rosenfeld Edward R. sold 58,000 shares for $34.34 per share. The transaction valued at 1,992,010 led to the insider holds 741,041 shares of the business.
LYNCH ROSE PEABODY sold 2,857 shares of SHOO for $98,924 on Mar 15. The Director now owns 16,079 shares after completing the transaction at $34.63 per share. On Jun 08, another insider, Smith Robert Garrett, who serves as the Director of the company, sold 2,222 shares for $38.96 each. As a result, the insider received 86,571 and left with 8,500 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHOO now has a Market Capitalization of 2.49B and an Enterprise Value of 2.40B. As of this moment, Steven’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.28, and their Forward P/E ratio for the next fiscal year is 11.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.78. Its current Enterprise Value per Revenue stands at 1.18 whereas that against EBITDA is 9.64.
Stock Price History:
Over the past 52 weeks, SHOO has reached a high of $40.28, while it has fallen to a 52-week low of $26.36. The 50-Day Moving Average of the stock is 34.23, while the 200-Day Moving Average is calculated to be 32.64.
According to the various share statistics, SHOO traded on average about 909.75K shares per day over the past 3-months and 807.9k shares per day over the past 10 days. A total of 74.50M shares are outstanding, with a floating share count of 73.27M. Insiders hold about 1.10% of the company’s shares, while institutions hold 97.60% stake in the company. Shares short for SHOO as of Apr 27, 2023 were 4.75M with a Short Ratio of 4.75M, compared to 4.19M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.25% and a Short% of Float of 8.83%.
Dividends & Splits
The forward annual dividend rate for SHOO is 0.84, which was 0.84 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.66%, it implies a Forward Annual Dividend Yield of 2.66%. The stock’s 5-year Average Dividend Yield is 1.56. The current Payout Ratio is 35.60% for SHOO, which recently paid a dividend on Jun 22, 2023 with an ex-dividend date of Jun 08, 2023. Stock splits for the company last occurred on Oct 11, 2018 when the company split stock in a 3:2 ratio.
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.48 and a low estimate of $0.44, while EPS last year was $0.62. The consensus estimate for the next quarter is $0.87, with high estimates of $0.99 and low estimates of $0.75.
Analysts are recommending an EPS of between $2.53 and $2.2 for the fiscal current year, implying an average EPS of $2.45. EPS for the following year is $2.78, with 8 analysts recommending between $3.07 and $2.45.
According to 7 analysts, the current quarter’s revenue is expected to be $458.34M. It ranges from a high estimate of $470.33M to a low estimate of $432M. As of the current estimate, Steven Madden Ltd.’s year-ago sales were $532.68M, an estimated decrease of -14.00% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $550.66M, a decrease of -1.10% over than the figure of -$14.00% in the same quarter last year. There is a high estimate of $579M for the next quarter, whereas the lowest estimate is $536M.
A total of 7 analysts have provided revenue estimates for SHOO’s current fiscal year. The highest revenue estimate was $1.98B, while the lowest revenue estimate was $1.95B, resulting in an average revenue estimate of $1.97B. In the same quarter a year ago, actual revenue was $2.11B, down -6.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $2.08B in the next fiscal year. The high estimate is $2.16B and the low estimate is $2.04B. The average revenue growth estimate for next year is up 5.80% from the average revenue estimate for this year.