Steven Madden Ltd. [SHOO] stock prices are up 1.98% to $45.34 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SHOO shares have gain 5.10% over the last week, with a monthly amount glided 9.04%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Steven Madden Ltd. [NASDAQ: SHOO] stock has seen the most recent analyst activity on February 29, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $44 from $39. Previously, Piper Sandler started tracking the stock with Neutral rating on February 14, 2024, and set its price target to $45. On February 07, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $41 on the stock. Jefferies downgraded its rating to a Hold but stick to its price target of $40 on January 04, 2024. Citigroup upgraded its rating to Buy for this stock on April 13, 2023, and upped its price target to $42. In a note dated November 01, 2022, Wedbush downgraded an Neutral rating on this stock and revised its target price from $43 to $29.
The stock price of Steven Madden Ltd. [SHOO] has been fluctuating between $30.35 and $45.91 over the past year. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Steven Madden Ltd. [NASDAQ: SHOO] shares were valued at $45.34 at the most recent close of the market. An investor can expect a potential return of 1.46% based on the average SHOO price forecast.
Analyzing the SHOO fundamentals
The Steven Madden Ltd. [NASDAQ:SHOO] reported sales of 2.07B for trailing twelve months, representing a surge of 19.09%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.22 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.66 points at the first support level, and at 41.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.13, and for the 2nd resistance point, it is at 48.92.
Ratios To Look Out For
It’s worth pointing out that Steven Madden Ltd. [NASDAQ:SHOO]’s Current Ratio is 2.43. Further, the Quick Ratio stands at 1.82, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 4.03 and price to earnings (TTM) ratio is 18.72.
Transactions by insiders
Recent insider trading involved MIGLIORINI PETER, Director, that happened on Jun 12 ’24 when 3000.0 shares were sold. Director, LYNCH ROSE PEABODY completed a deal on Jun 05 ’24 to sell 1600.0 shares. Meanwhile, Chief Merchandising Officer Frieders Karla sold 10000.0 shares on Jun 03 ’24.
