4 analysts have shared their evaluations of Steven Madden (NASDAQ:SHOO) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $45.5, with a high estimate of $53.00 and a low estimate of $41.00. This current average reflects an increase of 1.68% from the previous average price target of $44.75.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Steven Madden among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Janine Stichter | BTIG | Raises | Buy | $53.00 | $50.00 |
| Tom Nikic | Wedbush | Maintains | Neutral | $41.00 | $41.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Market Perform | $44.00 | $44.00 |
| Dana Telsey | Telsey Advisory Group | Maintains | Market Perform | $44.00 | $44.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Steven Madden. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Steven Madden compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Steven Madden's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Steven Madden's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Steven Madden analyst ratings.
All You Need to Know About Steven Madden
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. The company's revenue comes from its operating segments: Wholesale Footwear, Wholesale Accessories or Apparel, Direct-to-Consumer, and Licensing. The wholesale footwear segment accounts for the majority of revenue.
Steven Madden's Economic Impact: An Analysis
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Steven Madden showcased positive performance, achieving a revenue growth rate of 19.09% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Steven Madden's net margin excels beyond industry benchmarks, reaching 7.95%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Steven Madden's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.31%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Steven Madden's ROA stands out, surpassing industry averages. With an impressive ROA of 3.31%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.17, Steven Madden adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.