Somewhat Positive Media Coverage Somewhat Unlikely to Impact Steven Madden (SHOO) Share Price
News articles about Steven Madden (NASDAQ:SHOO) have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, 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 gave press coverage about the textile maker an impact score of 46.9353230054414 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Steven Madden (NASDAQ SHOO) traded down $1.10 during midday trading on Thursday, reaching $46.60. The company’s stock had a trading volume of 704,700 shares, compared to its average volume of 457,182. The firm has a market cap of $2,810.00, a P/E ratio of 22.19, a PEG ratio of 1.78 and a beta of 0.51. Steven Madden has a 12-month low of $33.50 and a 12-month high of $49.28.
Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Tuesday, October 31st. The textile maker reported $0.77 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.77. The firm had revenue of $441.19 million for the quarter, compared to the consensus estimate of $441.03 million. Steven Madden had a return on equity of 17.21% and a net margin of 8.04%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.74 EPS. analysts anticipate that Steven Madden will post 2.23 earnings per share for the current year.
In other news, President Amelia Varela sold 25,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $42.78, for a total value of $1,069,500.00. Following the transaction, the president now owns 113,007 shares in the company, valued at approximately $4,834,439.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard P. Randall sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $38.05, for a total value of $76,100.00. Following the completion of the transaction, the director now owns 22,809 shares in the company, valued at approximately $867,882.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,000 shares of company stock worth $1,460,100. Corporate insiders own 2.06% of the company’s stock.
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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.
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