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The closing price of Steven Madden Ltd. (NASDAQ: SHOO) was $43.93 for the day, up 3.24% from the previous closing price of $42.55. In other words, the price has increased by $3.24 from its previous closing price. On the day, 0.51 million shares were traded. SHOO stock price reached its highest trading level at $44.41 during the session, while it also had its lowest trading level at $43.555.
Ratios:
Our analysis of SHOO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 01, 2024, Reiterated its Market Perform rating but revised its target price to $50 from $44 previously.
On February 29, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $39 to $44.
On February 14, 2024, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $45.Piper Sandler initiated its Neutral rating on February 14, 2024, with a $45 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 12 ’24 when MIGLIORINI PETER sold 3,000 shares for $43.81 per share. The transaction valued at 131,438 led to the insider holds 16,006 shares of the business.
LYNCH ROSE PEABODY sold 1,600 shares of SHOO for $71,058 on Jun 05 ’24. The Director now owns 21,303 shares after completing the transaction at $44.41 per share. On Jun 03 ’24, another insider, Frieders Karla, who serves as the Chief Merchandising Officer of the company, sold 10,000 shares for $44.91 each. As a result, the insider received 449,052 and left with 86,658 shares of the company.
Valuation Measures:
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 3190051840 and an Enterprise Value of 3079647232. As of this moment, Steven’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.92, and their Forward P/E ratio for the next fiscal year is 14.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 3.95. Its current Enterprise Value per Revenue stands at 1.433 whereas that against EBITDA is 11.71.
Stock Price History:
The Beta on a monthly basis for SHOO is 1.10, which has changed by 0.22551847 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, SHOO has reached a high of $47.24, while it has fallen to a 52-week low of $30.35. The 50-Day Moving Average of the stock is 1.16%, while the 200-Day Moving Average is calculated to be 6.35%.
Shares Statistics:
SHOO traded an average of 674.31K shares per day over the past three months and 682340 shares per day over the past ten days. A total of 73.68M shares are outstanding, with a floating share count of 68.61M. Insiders hold about 5.52% of the company’s shares, while institutions hold 99.68% stake in the company. Shares short for SHOO as of 1722384000 were 2626954 with a Short Ratio of 3.90, compared to 1719532800 on 2465922. Therefore, it implies a Short% of Shares Outstanding of 2626954 and a Short% of Float of 5.08.
Dividends & Splits
With its trailing 12-month dividend rate of 0.84, SHOO has a forward annual dividend rate of 0.84. Against a Trailing Annual Dividend Yield of 0.019741481The stock’s 5-year Average Dividend Yield is 1.8. The current Payout Ratio is 36.51% for SHOO, which recently paid a dividend on 2024-06-10 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2018-10-12 when the company split stock in a 3:2 ratio.
Earnings Estimates
The stock of Steven Madden Ltd. (SHOO) is currently in the spotlight, with 9.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.52, with high estimates of $0.56 and low estimates of $0.46.
Analysts are recommending an EPS of between $2.7 and $2.6 for the fiscal current year, implying an average EPS of $2.64. EPS for the following year is $3.01, with 9.0 analysts recommending between $3.26 and $2.84.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $623.4M to a low estimate of $585M. As of the current estimate, Steven Madden Ltd.’s year-ago sales were $552.73MFor the next quarter, 9 analysts are estimating revenue of $544.94M. There is a high estimate of $553.4M for the next quarter, whereas the lowest estimate is $532M.
A total of 9 analysts have provided revenue estimates for SHOO’s current fiscal year. The highest revenue estimate was $2.24B, while the lowest revenue estimate was $2.2B, resulting in an average revenue estimate of $2.23B. In the same quarter a year ago, actual revenue was $1.98BBased on 9 analysts’ estimates, the company’s revenue will be $2.34B in the next fiscal year. The high estimate is $2.4B and the low estimate is $2.3B.
