At the time of writing, Steven Madden Ltd. [SHOO] stock is trading at $43.02, up 1.99%. 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 lost -1.13% over the last week, with a monthly amount glided 0.56%, 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 August 01, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $50 from $44. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on February 29, 2024, and elevated its price target to $44. On February 14, 2024, Piper Sandler initiated with a Neutral rating and assigned a price target of $45 on the stock. Citigroup downgraded its rating to a Neutral but stick to its price target of $41 on February 07, 2024. Jefferies downgraded its rating to a Hold but $40 remained the price target by the analyst firm on January 04, 2024. In a note dated April 13, 2023, Citigroup upgraded an Buy rating on this stock and boosted its target price from $40 to $42.
For the past year, the stock price of Steven Madden Ltd. fluctuated between $30.35 and $47.24. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Steven Madden Ltd. [NASDAQ: SHOO] shares were valued at $43.02 at the most recent close of the market. An investor can expect a potential return of 6.93% based on the average SHOO price forecast.
Analyzing the SHOO fundamentals
According to Steven Madden Ltd. [NASDAQ:SHOO], the company’s sales were 2.15B for trailing twelve months, which represents an 17.57% jump. 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 0.25. 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 42.54 points at the first support level, and at 42.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.30, and for the 2nd resistance point, it is at 43.59.
Ratios To Look Out For
It is important to note that Steven Madden Ltd. [NASDAQ:SHOO] has a current ratio of 2.12. Further, the Quick Ratio stands at 1.52, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 3.86 and price to earnings (TTM) ratio is 17.54.
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.
