Steven Madden Ltd. [SHOO] stock prices are up 1.45% to $49.70 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SHOO shares have gain 1.41% over the last week, with a monthly amount glided 10.20%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Telsey Advisory Group reaffirmed its Market Perform rating on August 01, 2024, and elevated its price target to $50. On February 29, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $44 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $45 on February 14, 2024. Citigroup downgraded its rating to a Neutral but $41 remained the price target by the analyst firm on February 07, 2024. Jefferies downgraded its rating to Hold for this stock on January 04, 2024, but kept the price target unchanged to $40.
The stock price of Steven Madden Ltd. [SHOO] has been fluctuating between $31.01 and $49.29 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 $49.70 at the most recent close of the market. An investor can expect a potential drop of -7.44% based on the average SHOO price forecast.
Analyzing the SHOO fundamentals
The Steven Madden Ltd. [NASDAQ:SHOO] reported sales of 2.15B for trailing twelve months, representing a surge of 17.57%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 48.64 points at the first support level, and at 47.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.39, and for the 2nd resistance point, it is at 51.07.
Ratios To Look Out For
It’s worth pointing out that Steven Madden Ltd. [NASDAQ:SHOO]’s Current Ratio is 2.12. As well, the Quick Ratio is 1.52, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 1.68, the price to book ratio is 4.46 and price to earnings (TTM) ratio is 20.27.
Transactions by insiders
Recent insider trading involved Kumar Maria Teresa, Director, that happened on Sep 04 ’24 when 8646.0 shares were sold. Director, Maria Teresa Kumar completed a deal on Sep 04 ’24 to buy 8646.0 shares. Meanwhile, Director MIGLIORINI PETER sold 3000.0 shares on Jun 12 ’24.
