Market experts has given a mean price target of $27.67 to Shoe Carnival, Inc. (NASDAQ:SCVL) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.26 for the near-term quarter and $1.61 for this year.
The technical assessment of Shoe Carnival, Inc. pinpoints that the 50-day moving average of Shoe Carnival, Inc. (NASDAQ:SCVL) stock is $27.13, and is trading $0.20 points away or +0.73% from 50-day moving average of $27.13. It is trading $1.64 or +6.38% off 200-day MA of $25.69.
The 52-week high of Shoe Carnival, Inc. (NASDAQ:SCVL) was $30.13 while $17.36 is the low point in the same period. Shoe Carnival, Inc. share price has to rise more than $-2.80 to register a high for 52-weeks or drop +57.43% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Shoe Carnival, Inc. (NASDAQ:SCVL) P/E ratio is 18.62 while PEG ratio is at 1.14. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Shoe Carnival, Inc. stock recorded a close of $27.33 in last trading session, which brings it market cap to $514.41M.
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