Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $23.00 in the prior trading day, Shoe Carnival, Inc (NASDAQ: SCVL) closed at $19.24, down -16.35%. In other words, the price has decreased by -$16.35 from its previous closing price. On the day, 1.1 million shares were traded. SCVL stock price reached its highest trading level at $21.755 during the session, while it also had its lowest trading level at $19.1501.
Ratios:
Our goal is to gain a better understanding of SCVL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.57 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when WEAVER DELORES B bought 285,500 shares for $33.91 per share. The transaction valued at 9,681,305 led to the insider holds 4,173,529 shares of the business.
WEAVER WAYNE J bought 285,500 shares of SCVL for $9,681,305 on Dec 06 ’24. The CHAIRMAN OF THE BOARD now owns 4,173,529 shares after completing the transaction at $33.91 per share. On Dec 02 ’24, another insider, Guthrie Andrea R., who serves as the Director of the company, sold 702 shares for $35.58 each. As a result, the insider received 24,977 and left with 21,576 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 522835456 and an Enterprise Value of 767710528. As of this moment, Shoe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.18, and their Forward P/E ratio for the next fiscal year is 9.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.638 whereas that against EBITDA is 6.282.
Stock Price History:
The Beta on a monthly basis for SCVL is 1.38, which has changed by -0.4456929 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, SCVL has reached a high of $46.92, while it has fallen to a 52-week low of $20.51. The 50-Day Moving Average of the stock is -18.73%, while the 200-Day Moving Average is calculated to be -43.82%.
Shares Statistics:
The stock has traded on average 484.59K shares per day over the past 3-months and 599700 shares per day over the last 10 days, according to various share statistics. A total of 27.17M shares are outstanding, with a floating share count of 16.87M. Insiders hold about 37.94% of the company’s shares, while institutions hold 71.94% stake in the company. Shares short for SCVL as of 1741910400 were 3851555 with a Short Ratio of 7.95, compared to 1739491200 on 2972080. Therefore, it implies a Short% of Shares Outstanding of 3851555 and a Short% of Float of 26.090000000000003.
Dividends & Splits
In the trailing 12 months, SCVL’s forward annual dividend rate was 0.54, compared to 0.54 this year. Against a Trailing Annual Dividend Yield of 0.023478262The stock’s 5-year Average Dividend Yield is 1.25. The current Payout Ratio is 20.15% for SCVL, which recently paid a dividend on 2025-01-13 with an ex-dividend date of 1743984000. Stock splits for the company last occurred on 2021-07-20 when the company split stock in a 2:1 ratio.
