Market Recap Check: Steven Madden Ltd. (SHOO)’s Negative Finish at 45.63, Up/Down -2.77

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The price of Steven Madden Ltd. (NASDAQ: SHOO) closed at $45.63 in the last session, down -2.77% from day before closing price of $46.93. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 0.71 million shares were traded. SHOO stock price reached its highest trading level at $46.72 during the session, while it also had its lowest trading level at $45.51.

Ratios:

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 17.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. 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.

On August 01, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $44 to $50.

Telsey Advisory Group reiterated its Market Perform rating for the stock on February 29, 2024, while the target price for the stock was revised from $39 to $44.

Insider Transactions:

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 Sep 04 ’24 when Kumar Maria Teresa sold 8,646 shares for $43.99 per share. The transaction valued at 380,299 led to the insider holds 4,400 shares of the business.

Maria Teresa Kumar bought 8,646 shares of SHOO for $389,070 on Sep 04 ’24. On Jun 12 ’24, another insider, MIGLIORINI PETER, who serves as the Director of the company, sold 3,000 shares for $43.81 each. As a result, the insider received 131,438 and left with 16,006 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 3313500160 and an Enterprise Value of 3397708032. As of this moment, Steven’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.61, and their Forward P/E ratio for the next fiscal year is 15.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 4.10. Its current Enterprise Value per Revenue stands at 1.582 whereas that against EBITDA is 12.919.

Stock Price History:

Over the past 52 weeks, SHOO has reached a high of $50.01, while it has fallen to a 52-week low of $31.56. The 50-Day Moving Average of the stock is -1.13%, while the 200-Day Moving Average is calculated to be 5.54%.

Shares Statistics:

According to the various share statistics, SHOO traded on average about 633.32K shares per day over the past 3-months and 584620 shares per day over the past 10 days. A total of 73.68M shares are outstanding, with a floating share count of 68.58M. Insiders hold about 5.57% of the company’s shares, while institutions hold 99.53% stake in the company. Shares short for SHOO as of 1727654400 were 3019828 with a Short Ratio of 4.77, compared to 1724976000 on 2852726. Therefore, it implies a Short% of Shares Outstanding of 3019828 and a Short% of Float of 5.84.

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 0.017898997The stock’s 5-year Average Dividend Yield is 1.8.

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