Alert: New Earnings Report (11/8/23)-Steven Madden Ltd (NASDAQ: SHOO).


For its third fiscal quarter (ending September 30), Steven Madden Ltd (NASDAQ: SHOO) has reported a 9% increase in E.P.S. from $0.81 a year ago to $0.88 in the current quarter. This performance was $0.03 better than the consensus estimate of $0.85. For the latest four quarters through September 30, E.P.S. were $2.27 versus $3.26 for the same period a year ago — a decline of -30%.


Recent Price Action

Steven Madden Ltd (NASDAQ: SHOO) stock declined slightly by -0.1% on 11/8/23. The stock closed at $33.93. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.

Current PriceTarget Research Rating

SHOO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Steven Madden has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Steven Madden has a neutral Power Rating of 49 and a slightly negative Appreciation Score of 32, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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