Shoe Carnival, Inc (NASDAQ: SCVL) is -32.16% lower on its value in year-to-date trading and has touched a low of $20.51 and a high of $46.92 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 SCVL stock was last observed hovering at around $22.65 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $22.44, the stock is 1.19% and -11.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.93% at the moment leaves the stock -35.89% off its SMA200. SCVL registered -29.74% loss for a year compared to 6-month loss of -48.88%. The firm has a 50-day simple moving average (SMA 50) of $25.386 and a 200-day simple moving average (SMA200) of $35.00455.
The stock witnessed a -2.60% gain in the last 1 month and extending the period to 3 months gives it a -36.05%, and is 4.42% up 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 4.93% over the week and 4.63% over the month.
Shoe Carnival, Inc (SCVL) has around 5300 employees, a market worth around $609.80M and $1.22B in sales. Current P/E ratio is 8.26 and Fwd P/E is 8.59. Profit margin for the company is 6.12%. Distance from 52-week low is 9.41% and -52.17% from its 52-week high. The company has generated returns on investments over the last 12 months (7.83%).
The EPS is expected to shrink by -10.66% this year
281.0 institutions hold shares in Shoe Carnival, Inc (SCVL), with institutional investors hold 110.76% of the company’s shares. The shares outstanding are 27.17M, and float is at 16.87M with Short Float at 17.94%. Institutions hold 72.94% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.84 million shares valued at $104.7 million. The investor’s holdings represent 10.457 of the SCVL Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 2.11 million shares valued at $77.95 million to account for 7.7847 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.32 million shares representing 4.881 and valued at over $48.87 million, while COPELAND CAPITAL MANAGEMENT, LLC holds 4.8808 of the shares totaling 1.33 million with a market value of $48.9 million.
Shoe Carnival, Inc (SCVL) Insider Activity
The most recent transaction is an insider purchase by WEAVER DELORES B, the company’s 10% Owner. SEC filings show that WEAVER DELORES B bought 285,500 shares of the company’s common stock on Dec 06 ’24 at a price of $33.91 per share for a total of $9.68 million. Following the purchase, the insider now owns 4.17 million shares.
Shoe Carnival, Inc disclosed in a document filed with the SEC on Dec 06 ’24 that WEAVER WAYNE J (CHAIRMAN OF THE BOARD) bought a total of 285,500 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $33.91 per share for $9.68 million. Following the transaction, the insider now directly holds 4.17 million shares of the SCVL stock.
Still, SEC filings show that on Dec 02 ’24, Guthrie Andrea R. (Director) disposed off 702 shares at an average price of $35.58 for $24977.0. The insider now directly holds 21,576 shares of Shoe Carnival, Inc (SCVL).
