Analyst Ratings for Steven Madden Ltd. (SHOO)

Updated: 2017-07-27

Analysts covering Steven Madden Ltd. (NASDAQ:SHOO) have given it a consensus rating of Overweight. About 30 days ago, SHOO was issued an average rating of Overweight.

12 analysts issued ratings on the stock, where 6 gave SHOO a buy rating, 0 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for SHOO by the analysts covering the stock. The highest price target was 46, implying a possible profit of 11.79 percent. The most pessimistic analyst gave a price target of 37, which equates to a potential downside of -10.09 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 2.27 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

SHOO has an estimated earnings growth rate of 9.41 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. SHOO has a PEG ratio of 2.19.

In the last 52-weeks, SHOO has achieved a high of 41.35 and a low of 32.30. Currently the stock is 27.4 percent higher than its low, and 0.48 percent lower than its 52-week high. SHOO has a price/earnings ratio of 20.58. Investors typically compare the P/E ratio to a company's peers in the industry. The SHOO value stock report compares SHOO to some of its peers using value stock charts. The market cap of SHOO is $2.44 billion. SHOO will post this quarters earnings in days, on 0000-00-00.