Shoe Carnival, Inc (SCVL) volume exceeds 0.28 million: A new investment opportunity for investors

Shoe Carnival, Inc (NASDAQ: SCVL) kicked off on Friday, down -0.43% from the previous trading day, before settling in for the closing price of $30.08. Over the past 52 weeks, SCVL has traded in a range of $24.94-$46.92.

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Annual sales at Consumer Cyclical sector company grew by 3.83% over the past five years. While this was happening, its average annual earnings per share was recorded -2.72%. With a float of $17.24 million, this company’s outstanding shares have now reached $27.17 million.

Let’s look at the performance matrix of the company that is accounted for 5300 employees. In terms of profitability, gross margin is 35.8%, operating margin of 7.96%, and the pretax margin is 8.23%.

Shoe Carnival, Inc (SCVL) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of Shoe Carnival, Inc is 36.55%, while institutional ownership is 70.91%. The most recent insider transaction that took place on Dec 06 ’24, was worth 9,681,305. In this transaction 10% Owner of this company bought 285,500 shares at a rate of $33.91, taking the stock ownership to the 4,173,529 shares. Before that another transaction happened on Dec 06 ’24, when Company’s CHAIRMAN OF THE BOARD bought 285,500 for $33.91, making the entire transaction worth $9,681,305. This insider now owns 4,173,529 shares in total.

Shoe Carnival, Inc (SCVL) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.72% per share during the next fiscal year.

Shoe Carnival, Inc (NASDAQ: SCVL) Trading Performance Indicators

Take a look at Shoe Carnival, Inc’s (SCVL) current performance indicators. Last quarter, stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 10.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.72, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 3.02 in one year’s time.

Technical Analysis of Shoe Carnival, Inc (SCVL)

Shoe Carnival, Inc (NASDAQ: SCVL) saw its 5-day average volume 0.38 million, a negative change from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 23.78%. Additionally, its Average True Range was 1.42.

During the past 100 days, Shoe Carnival, Inc’s (SCVL) raw stochastic average was set at 4.02%, which indicates a significant decrease from 9.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.79% in the past 14 days, which was lower than the 44.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.18, while its 200-day Moving Average is $37.17. Nevertheless, the first resistance level for the watch stands at $30.41 in the near term. At $30.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.14. If the price goes on to break the first support level at $29.68, it is likely to go to the next support level at $29.42. Assuming the price breaks the second support level, the third support level stands at $28.95.

Shoe Carnival, Inc (NASDAQ: SCVL) Key Stats

The company with the Market Capitalisation of 813.88 million has total of 27,175K Shares Outstanding. Its annual sales at the moment are 1,176 M in contrast with the sum of 73,350 K annual income. Company’s last quarter sales were recorded 306,890 K and last quarter income was 19,240 K.