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 most optimistic price target was 46, implying a possible profit of 11.79 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of -10.09 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 2.27 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Another thing investors often look at is the level of agreement among analysts' 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

SHOO has an estimated earnings growth rate of 9.41 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SHOO is 2.19.

In the trailing 52-weeks, SHOO hit 41.35 at the highest peak, while it's lowest trading point was 32.30. Currently the stock is 27.4 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.