Stock To Watch: Steven Madden, Ltd. (NASDAQ:SHOO)


The leading market experts have placed a mean price target of $40.00 on Steven Madden, Ltd. (NASDAQ:SHOO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.77 a share for the upcoming quarter and $2.02 for the current fiscal. Technical View The technical analysis of Steven Madden, Ltd. plainly substantiates that the 50-day moving average of Steven Madden, Ltd. is $33.78, and stock is hovering 0.15 or +0.44% distant from $33.78. It is noted that the 200-day MA is $33.61, and Steven Madden, Ltd. stock is $0.32 or +0.96% off from this point. Steven Madden, Ltd. (NASDAQ:SHOO) 52-week high is $44.73 and the 52-week low is $27.80. This explains if the stock moves $-10.80, it will post a 52-week high. In event of $+22.05% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Steven Madden, Ltd., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Steven Madden, Ltd. (NASDAQ:SHOO) ratio came in at 18.19. The stock last ended the trading session at $33.93 and registered a market cap of $2.10B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Steven Madden, Ltd. (NASDAQ:SHOO) PEG ratio is at 2.21.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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