The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Shoe Carnival, Inc (NASDAQ: SCVL) closed at $33.48 down -0.56% from its previous closing price of $33.67. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 0.6 million shares were traded. SCVL stock price reached its highest trading level at $33.62 during the session, while it also had its lowest trading level at $32.46.
Ratios:
For a deeper understanding of Shoe Carnival, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.49.
On February 15, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $27 to $33.
Monness Crespi & Hardt reiterated its Buy rating for the stock on November 17, 2023, while the target price for the stock was revised from $36 to $27.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 16 ’24 when Guthrie Andrea R. sold 2,467 shares for $32.46 per share. The transaction valued at 80,079 led to the insider holds 20,106 shares of the business.
Scibetta Carl N. sold 9,585 shares of SCVL for $339,788 on Mar 27 ’24. The SEVP – CHIEF MERCHANDISE OFF. now owns 108,492 shares after completing the transaction at $35.45 per share. On Mar 26 ’24, another insider, Scibetta Carl N., who serves as the SEVP – CHIEF MERCHANDISE OFF. of the company, sold 5,415 shares for $35.45 each. As a result, the insider received 191,962 and left with 118,077 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, SCVL now has a Market Capitalization of 909775488 and an Enterprise Value of 1185759360. As of this moment, Shoe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.88, and their Forward P/E ratio for the next fiscal year is 10.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 0.962 whereas that against EBITDA is 9.026.
Stock Price History:
Over the past 52 weeks, SCVL has reached a high of $46.92, while it has fallen to a 52-week low of $22.75. The 50-Day Moving Average of the stock is -14.21%, while the 200-Day Moving Average is calculated to be -9.24%.
Shares Statistics:
For the past three months, SCVL has traded an average of 333.87K shares per day and 359890 over the past ten days. A total of 27.13M shares are outstanding, with a floating share count of 17.53M. Insiders hold about 35.51% of the company’s shares, while institutions hold 70.96% stake in the company. Shares short for SCVL as of 1730332800 were 2941419 with a Short Ratio of 8.81, compared to 1727654400 on 2627485. Therefore, it implies a Short% of Shares Outstanding of 2941419 and a Short% of Float of 19.93.
Dividends & Splits
According to the company, the forward annual dividend rate for SCVL is 0.53, from 0.51 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015147015The stock’s 5-year Average Dividend Yield is 1.18.
