With 1.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.85 million shares. The 52-week range on SHOO shows that it touched its highest point at $50.01 and its lowest point at $29.40 during that stretch. It currently has a 1-year price target of $38.11. With its current market cap of 2.10 billion, SHOO has annualized dividend of $0.84 while the current yield stands at 2.90%. Beta for the stock currently stands at 0.95.
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 -16.73%, but this was down by -24.30% over a month. Three-month performance dropped to -36.35% while six-month performance fell -35.68%. The stock lost -32.08% in the past year, while it has lost -31.77% so far this year. A look at the trailing 12-month EPS for SHOO yields 2.35 with Next year EPS estimates of 2.84. For the next quarter, that number is 0.47. This implies an EPS growth rate of -10.21% for this year and 18.51% for next year. EPS is expected to grow by 7.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.86%.
Float and Shares Shorts:
At present, 72.16 million SHOO shares are outstanding with a float of 68.36 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.66324 being high and $2.63332 being low. For SHOO, this leads to a yearly average estimate of $2.65327. Based on analyst estimates, the high estimate for the next quarter is $0.5 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.46.
Summary of Insider Activity:
Insiders traded SHOO stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
