With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. During the session, the Footwear & Accessories company that operates in wider Consumer Cyclical sector, reached to the highest price of $42.33 whereas the lowest price it dropped to was $41.41. The 52-week range on SHOO shows that it touched its highest point at $50.01 and its lowest point at $36.23 during that stretch. It currently has a 1-year price target of $46.78. With its current market cap of 3.00 billion, SHOO has annualized dividend of $0.84 while the current yield stands at 2.02%. SHOO paid its most recent dividend on 1726185600, while the ex-dividend date for that was 1734048000. Beta for the stock currently stands at 1.08.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SHOO was down-trending over the past week, with a drop of -6.05%, but this was down by -8.85% over a month. Three-month performance dropped to -5.41% while six-month performance rose 0.70%. The stock gained 12.77% in the past year, while it has lost -0.98% so far this year. A look at the trailing 12-month EPS for SHOO yields 2.35 with Next year EPS estimates of 3.02. For the next quarter, that number is 0.54. This implies an EPS growth rate of 8.86% for this year and 13.21% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.93%.
Float and Shares Shorts:
At present, 73.68 million SHOO shares are outstanding with a float of 68.17 million shares on hand for trading. On 2024-10-31, short shares totaled 2.74 million, which was 378.0 higher than short shares on 1727654400. In addition to Mr. Edward R. Rosenfeld as the firm’s Chairman & CEO, Ms. Amelia Newton Varela serves as its President, COO & Director.
Institutional Ownership:
Through their ownership of 1.01624 of SHOO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SHOO reported revenue of $624675000.0 and operating income of $80629000.0. The EBITDA in the recently reported quarter was $91847000.0 and diluted EPS was $0.77.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHOO since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SHOO analysts setting a high price target of 53.0 and a low target of 42.0, the average target price over the next 12 months is 46.77778. Based on these targets, SHOO could surge 27.43% to reach the target high and rise by 0.99% to reach the target low. Reaching the average price target will result in a growth of 12.47% from current levels.
Analysts have provided yearly estimates in a range of $2.68732 being high and $2.637 being low. For SHOO, this leads to a yearly average estimate of $2.66719. The surprise factor in the prior quarter was $0.51. Based on analyst estimates, the high estimate for the next quarter is $0.89 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.75.
