The price-to-earnings ratio for Steven Madden Ltd. (NASDAQ: SHOO) is above average at 19.57x. The 36-month beta value for SHOO is also noteworthy at 1.09. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for SHOO is 68.58M, and at present, short sellers hold a 4.23% of that float. The average trading volume of SHOO on October 04, 2024 was 647.79K shares.
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SHOO) stock’s latest price update
Steven Madden Ltd. (NASDAQ: SHOO)’s stock price has dropped by -2.26 in relation to previous closing price of 49.09. Nevertheless, the company has seen a loss of -0.83% in its stock price over the last five trading days. investors.com reported 2024-09-23 that Keep your eye on these six top stocks for Q4 in the consumer, infrastructure and housing sectors, including Steven Madden and Wolverine World Wide.
SHOO’s Market Performance
Steven Madden Ltd. (SHOO) has seen a -0.83% fall in stock performance for the week, with a 9.12% gain in the past month and a 14.35% surge in the past quarter. The volatility ratio for the week is 1.98%, and the volatility levels for the past 30 days are at 2.31% for SHOO. The simple moving average for the last 20 days is 2.91% for SHOO’s stock, with a simple moving average of 11.94% for the last 200 days.
Analysts’ Opinion of SHOO
Many brokerage firms have already submitted their reports for SHOO stocks, with Piper Sandler repeating the rating for SHOO by listing it as a “Neutral.” The predicted price for SHOO in the upcoming period, according to Piper Sandler is $45 based on the research report published on August 23, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see SHOO reach a price target of $50, previously predicting the price at $44. The rating they have provided for SHOO stocks is “Market Perform” according to the report published on August 01st, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to SHOO, setting the target price at $44 in the report published on February 29th of the current year.
SHOO Trading at 6.93% from the 50-Day Moving Average
After a stumble in the market that brought SHOO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.06% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +9.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.22% upper at present.
During the last 5 trading sessions, SHOO fell by -0.83%, which changed the moving average for the period of 200-days by +13.64% in comparison to the 20-day moving average, which settled at $46.83. In addition, Steven Madden Ltd. saw 14.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SHOO starting from Kumar Maria Teresa, who sale 8,646 shares at the price of $43.99 back on Sep 04 ’24. After this action, Kumar Maria Teresa now owns 4,400 shares of Steven Madden Ltd., valued at $380,299 using the latest closing price.
Maria Teresa Kumar, the Director of Steven Madden Ltd., proposed sale 8,646 shares at $45.00 during a trade that took place back on Sep 04 ’24, which means that Maria Teresa Kumar is holding shares at $389,070 based on the most recent closing price.
Stock Fundamentals for SHOO
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.41 for the gross margin
The net margin for Steven Madden Ltd. stands at 0.08. The total capital return value is set at 0.25. Equity return is now at value 22.00, with 13.58 for asset returns.
Based on Steven Madden Ltd. (SHOO), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.52. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 32.8.
Currently, EBITDA for the company is 234.44 million with net debt to EBITDA at -0.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.61. The receivables turnover for the company is 5.67for trailing twelve months and the total asset turnover is 1.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
In summary, Steven Madden Ltd. (SHOO) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
