Shoe Carnival, Inc (NASDAQ:SCVL) shares traded -0.61% lower at $24.58 on Wall Street last session.
SCVL stock price is now -20.46% away from the 50-day moving average and -32.68% away from the 200-day moving average. The market capitalization of the company currently stands at $667.84M.
On February 15, 2024, Monness Crespi & Hardt reiterated its ‘Buy’ rating on the stock by increasing its target price from $27 to quote $33, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
In other news, WEAVER DELORES B, 10% Owner bought 285,500 shares of the company’s stock on Dec 06 ’24. The stock was bought for $9,681,305 at an average price of $33.91. Upon completion of the transaction, the 10% Owner now directly owns 4,173,529 shares in the company, valued at $102.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06 ’24, CHAIRMAN OF THE BOARD WEAVER WAYNE J bought 285,500 shares of the business’s stock. A total of $9,681,305 was incurred on buying the stock at an average price of $33.91. This leaves the insider owning 4,173,529 shares of the company worth $102.59 million. A total of 36.56% of the company’s stock is owned by insiders.
During the past 12 months, Shoe Carnival, Inc has had a low of $24.56 and a high of $46.92. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 3.88, and a quick ratio of 0.89. According to the stock market information, the enterprise value for the company is $952965696, which is based on a 9.05 price-to-earnings ratio, a 1.16 price-to-earnings-growth ratio, and a beta of 1.47. The fifty day moving average price for SCVL is $30.9044 and a two-hundred day moving average price translates $36.51325 for the stock.
The latest earnings results from Shoe Carnival, Inc (NASDAQ: SCVL) was released for 2024-11-02. The net profit margin was 6.12% and return on equity was 12.38% for SCVL. The company reported revenue of $306.88 million for the quarter, compared to $319.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.07 percent.