Steven Madden Ltd (NASDAQ:SHOO) shares, rose in value on Friday, February 14, with price down by -0.10% to the previous day’s close as strong demand from buyers drove the stock to $39.63.
Actively observing the price movement in the last trading, the stock closed the session at $39.67, falling within a range of $39.0 and $39.76. The value of beta (5-year monthly) was 1.081 whereas the PE ratio was 16.83 over 12-month period. Referring to stock’s 52-week performance, its high was $50.01, and the low was $36.40. On the whole, SHOO has fluctuated by -3.79% over the past month.
With the market capitalization of Steven Madden Ltd currently standing at about $2.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 2.12%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.25B, with a low estimate of 547M and a high estimate of 555.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 551.02M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHOO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.23, with the price of SHOO currently trading nearly -0.47% and -4.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.93, while the 7-day volatility ratio is showing 2.87% which for the 30-day chart, stands at 2.48%. Furthermore, Steven Madden Ltd (SHOO)’s beta value is 1.05, and its average true range (ATR) is 1.10.
A comparison of Steven Madden Ltd (SHOO) with its peers suggests the former has fared considerably weaker in the market. SHOO showed an intraday change of -0.10% in last session, and over the past year, it shrunk by -5.62%%.
Data on historical trading for Steven Madden Ltd (NASDAQ:SHOO) indicates that the trading volumes over the past 10 days have averaged 0.9 and over the past 3 months, they’ve averaged 722.67K. According to company’s latest data on outstanding shares, there are 72.19 million shares outstanding.
Nearly 5.58% of Steven Madden Ltd’s shares belong to company insiders and institutional investors own 104.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.82 million shares as on 2025-01-31, resulting in a short ratio of 6.31. According to the data, the short interest in Steven Madden Ltd (SHOO) stood at 745.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.7 million. The stock has fallen by -6.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHOO stock heading into the next quarter.
