The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
