Steven Madden Ltd. (SHOO) volume exceeds 0.82 million: A new investment opportunity for investors

On Tuesday, Steven Madden Ltd. (NASDAQ: SHOO) was -2.10% down from the session before settling in for the closing price of $42.42. A 52-week range for SHOO has been $29.92 – $45.63.

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Consumer Cyclical Sector giant saw their annual sales surged by 7.23% over the last five years. When this article was written, the company’s average yearly earnings per share was at 6.93%. With a float of $69.94 million, this company’s outstanding shares have now reached $73.68 million.

The firm has a total of 4200 workers. Let’s measure their productivity.

Steven Madden Ltd. (SHOO) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Steven Madden Ltd. stocks. The insider ownership of Steven Madden Ltd. is 5.48%, while institutional ownership is 104.94%. The most recent insider transaction that took place on Mar 15 ’24, was worth 2,012,144. In this transaction Chief Executive Officer of this company sold 48,500 shares at a rate of $41.49, taking the stock ownership to the 697,038 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Chief Financial Officer sold 7,246 for $41.66, making the entire transaction worth $301,836. This insider now owns 68,785 shares in total.

Steven Madden Ltd. (SHOO) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.61 earnings per share (EPS) during the time that was better than consensus figure (set at $0.57) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 8.93% growth over the previous five years of trading.

Steven Madden Ltd. (NASDAQ: SHOO) Trading Performance Indicators

You can see what Steven Madden Ltd. (SHOO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 14.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.30, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.98 in one year’s time.

Technical Analysis of Steven Madden Ltd. (SHOO)

Analysing the last 5-days average volume posted by the [Steven Madden Ltd., SHOO], we can find that recorded value of 0.82 million was lower than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 78.04%. Additionally, its Average True Range was 1.05.

During the past 100 days, Steven Madden Ltd.’s (SHOO) raw stochastic average was set at 68.41%, which indicates a significant increase from 53.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.63% in the past 14 days, which was lower than the 25.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $42.30, while its 200-day Moving Average is $37.00. Now, the first resistance to watch is $42.03. This is followed by the second major resistance level at $42.54. The third major resistance level sits at $43.06. If the price goes on to break the first support level at $41.00, it is likely to go to the next support level at $40.48. Now, if the price goes above the second support level, the third support stands at $39.97.

Steven Madden Ltd. (NASDAQ: SHOO) Key Stats

There are 74,000K outstanding shares of the company, which has a market capitalization of 3.07 billion. As of now, sales total 1,982 M while income totals 171,550 K. Its latest quarter income was 519,710 K while its last quarter net income were 35,880 K.