Key Highlights:
- Steven Madden's stock presents a mixed investment case with a forward P/E ratio of 11.3x.
- Analysts suggest a potential upside of 62.10% with a price target averaging $35.89.
- GuruFocus estimates a substantial 140.74% upside, projecting a future GF Value of $53.30.
Despite stability within the broad consumer discretionary sector, Steven Madden Ltd. (NASDAQ: SHOO) encounters several challenges. At a stock price of $29, the company holds a forward price-to-earnings ratio of 11.3x. Without a recurring revenue model, investors are advised to maintain caution due to the company's inherent unpredictability.
Wall Street Analysts Forecast
According to 9 Wall Street analysts, the one-year price target for Steven Madden Ltd. (SHOO, Financial) averages $35.89. This projection ranges from a high of $46.00 to a low of $24.00, indicating a significant potential upside of 62.10% from the current price of $22.14. Interested investors can explore more detailed forecast data on the Steven Madden Ltd. (SHOO) Forecast page.
Furthermore, based on the consensus from 10 brokerage firms, the average brokerage recommendation for Steven Madden Ltd. (SHOO, Financial) stands at 2.7, reflecting a "Hold" status. This rating scale spans from 1 (Strong Buy) to 5 (Sell), offering investors a broader perspective on market sentiment.
GuruFocus Valuation Insights
Utilizing GuruFocus metrics, the estimated GF Value for Steven Madden Ltd. (SHOO, Financial) in one year is projected at $53.30. This suggests a remarkable upside potential of 140.74% from the current price of $22.14. The GF Value represents GuruFocus' fair value estimate, which considers historical trading multiples, past business growth, and projected future performance. For more in-depth insights, investors can visit the Steven Madden Ltd. (SHOO) Summary page.