Steven Madden Ltd (NASDAQ: SHOO) is -31.77% lower on its value in year-to-date trading and has touched a low of $29.40 and a high of $50.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHOO stock was last observed hovering at around $29.45 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $29.01, the stock is -20.24% and -26.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -1.49% at the moment leaves the stock -32.95% off its SMA200. SHOO registered -32.08% loss for a year compared to 6-month loss of -35.68%.
The stock witnessed a -24.30% gain in the last 1 month and extending the period to 3 months gives it a -36.35%, and is -16.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.63% over the week and 3.66% over the month.
Steven Madden Ltd (SHOO) has around 4800 employees, a market worth around $2.10B and $2.28B in sales. Current P/E ratio is 12.33 and Fwd P/E is 10.21. Profit margin for the company is 7.43%. Distance from 52-week low is -1.33% and -41.99% from its 52-week high. The company has generated returns on investments over the last 12 months (17.69%).
with sales reaching $558.46M over the same period.The EPS is expected to shrink by -10.21% this year, but quarterly earnings will post 18.60% year-over-year. Quarterly sales are estimated to grow 1.10% in year-over-year returns.
The shares outstanding are 72.16M, and float is at 68.36M with Short Float at 6.48%.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.67 million shares valued at $451.46 million. The investor’s holdings represent 14.9359 of the SHOO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.1 million shares valued at $342.45 million to account for 11.3295 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 5.42 million shares representing 7.5872 and valued at over $229.34 million, while MACQUARIE GROUP LTD holds 6.8228 of the shares totaling 4.88 million with a market value of $206.23 million.
Steven Madden Ltd (SHOO) Insider Activity
A total of 0 insider transactions have happened at Steven Madden Ltd (SHOO) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Davis Peter Allan, the company’s Director. SEC filings show that Davis Peter Allan sold 500 shares of the company’s common stock on Nov 25 ’24 at a price of $45.39 per share for a total of $22696.0. Following the sale, the insider now owns 7757.0 shares.
Still, SEC filings show that on Sep 04 ’24, Kumar Maria Teresa (Director) disposed off 8,646 shares at an average price of $43.99 for $0.38 million. The insider now directly holds 4,400 shares of Steven Madden Ltd (SHOO).
Steven Madden Ltd (SHOO): Who are the competitors?
One of the company’s main competitors (and peers) include Crocs Inc. (CROX) that is trading -13.74% down over the past 12 months.Skechers USA Inc. Cl A (SKX) lies in the list of competitors of the Steven Madden Ltd and is -2.42% lower over the same period from SHOODeckers Outdoor Corp. (DECK) is -10.47% down on the 1-year trading charts.
