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.

SHOO was given price targets by several analysts. The most optimistic analyst gave a price target of 46, which equates to a potential upside of 11.79 percent. The lowest price target was 37, implying a possible loss 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.27 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of SHOO to grow at a rate of 9.41 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. SHOO has a PEG ratio of 2.19.

In the trailing 52-weeks, SHOO hit 41.35 at the highest peak, while it's lowest trading point was 32.30. Today's price is 27.4 percent above the 52-week low, and 0.48 percent below the 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 stock has a market capitalization of $2.44 billion. SHOO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.