Steven Madden Ltd (NASDAQ: SHOO)’s stock price has gone decline by -0.89 in comparison to its previous close of 41.56, however, the company has experienced a -3.13% decrease in its stock price over the last five trading days. zacks.com reported 2025-01-07 that Steven Madden’s strong financials, innovative products and positive outlook make it a solid choice for long-term growth.
Is It Worth Investing in Steven Madden Ltd (NASDAQ: SHOO) Right Now?
The price-to-earnings ratio for Steven Madden Ltd (NASDAQ: SHOO) is 17.49x, which is above its average ratio. Moreover, the 36-month beta value for SHOO is 1.09. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for SHOO is 68.16M and currently, short sellers hold a 4.86% of that float. On January 09, 2025, SHOO’s average trading volume was 729.00K shares.
SHOO’s Market Performance
SHOO stock saw a decrease of -3.13% in the past week, with a monthly decline of -7.93% and a quarterly a decrease of -12.51%. The volatility ratio for the week is 2.49%, and the volatility levels for the last 30 days are 2.19% for Steven Madden Ltd (SHOO). The simple moving average for the last 20 days is -3.46% for SHOO’s stock, with a simple moving average of -5.64% for the last 200 days.
Analysts’ Opinion of SHOO
Piper Sandler, on the other hand, stated in their research note that they expect to see SHOO reach a price target of $45. The rating they have provided for SHOO stocks is “Neutral” according to the report published on August 23rd, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to SHOO, setting the target price at $50 in the report published on August 01st of the previous year.
SHOO Trading at -5.93% 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 -17.64% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -6.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.07% lower at present.
During the last 5 trading sessions, SHOO fell by -3.13%, which changed the moving average for the period of 200-days by +0.12% in comparison to the 20-day moving average, which settled at $42.67. In addition, Steven Madden Ltd saw -3.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SHOO starting from Davis Peter Allan, who sale 500 shares at the price of $45.39 back on Nov 25 ’24. After this action, Davis Peter Allan now owns 7,757 shares of Steven Madden Ltd, valued at $22,696 using the latest closing price.
Peter Davis, the Director of Steven Madden Ltd, proposed sale 500 shares at $45.39 during a trade that took place back on Nov 25 ’24, which means that Peter Davis is holding shares at $22,696 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 0.23. Equity return is now at value 20.40, with 12.40 for asset returns.
Currently, EBITDA for the company is 235.24 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 1.35. The receivables turnover for the company is 4.45for trailing twelve months and the total asset turnover is 1.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.09.
Conclusion
To wrap up, the performance of Steven Madden Ltd (SHOO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
