Media coverage about Steven Madden (NASDAQ:SHOO) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Steven Madden earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the textile maker an impact score of 46.4115394973352 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Zacks: Analysts Expect Steven Madden, Ltd. (SHOO) to Post $0.46 EPS (americanbankingnews.com)
- Traders Buy Large Volume of Call Options on Steven Madden (SHOO) (americanbankingnews.com)
- ETFs with exposure to Steven Madden Ltd. : November 14, 2017 (finance.yahoo.com)
- Steven Madden Ltd. :SHOO-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017 (finance.yahoo.com)
- Steven Madden, Ltd. (SHOO) Director Richard P. Randall Sells 2,000 Shares (americanbankingnews.com)
Steven Madden (NASDAQ:SHOO) traded up $0.35 during mid-day trading on Thursday, reaching $38.85. The company’s stock had a trading volume of 388,416 shares, compared to its average volume of 492,010. Steven Madden has a 52 week low of $33.50 and a 52 week high of $44.40. The company has a market capitalization of $2,296.16, a P/E ratio of 17.34, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.
Steven Madden (NASDAQ:SHOO) last posted its earnings results on Tuesday, October 31st. The textile maker reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.77. Steven Madden had a return on equity of 17.21% and a net margin of 8.04%. The company had revenue of $441.19 million for the quarter, compared to the consensus estimate of $441.03 million. During the same quarter in the prior year, the company earned $0.74 earnings per share. Steven Madden’s revenue was up 8.0% on a year-over-year basis. equities analysts predict that Steven Madden will post 2.21 EPS for the current fiscal year.
A number of research analysts have recently issued reports on the company. B. Riley reaffirmed a “buy” rating and set a $47.00 price target on shares of Steven Madden in a report on Wednesday, August 2nd. BidaskClub raised Steven Madden from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Canaccord Genuity set a $47.00 price target on Steven Madden and gave the company a “buy” rating in a report on Wednesday, August 2nd. Telsey Advisory Group upped their price target on Steven Madden from $41.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, August 2nd. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $39.00 price target (up from $37.00) on shares of Steven Madden in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $43.96.
In other Steven Madden news, Director Richard P. Randall sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $38.05, for a total value of $76,100.00. Following the completion of the sale, the director now owns 22,809 shares in the company, valued at $867,882.45. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.06% of the company’s stock.
About Steven Madden
Steven Madden, Ltd. and its subsidiaries design, source, market and sell name brand and private label footwear for women, men and children, and name brand and private label fashion handbags and accessories. The Company operates through five segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing.
Receive News & Ratings for Steven Madden Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steven Madden Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.