For its third fiscal quarter (ending October 31), Shoe Carnival Inc (NASDAQ: SCVL) has reported a -33% decline in E.P.S. from $1.19 a year ago to $0.80 in the current quarter. E.P.S. were $2.92 for the latest four quarters through October 31 versus $3.93 for the same period a year ago — a decline of -26%.
Recent Price Action
On 11/16/23, Shoe Carnival Inc (NASDAQ: SCVL) stock suffered a very large decline of -8.6%, closing at $22.09. The stock has declined -4.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SCVL is expected to continue to be a Value Builder.
Shoe Carnival has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock's attractiveness. Shoe Carnival has a good Appreciation Score of 84 but a neutral Power Rating of 48, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.