Is Shoe Carnival Stock a Good Investment?
Shoe Carnival Investment Advice | SCVL |
- Examine Shoe Carnival's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Shoe Carnival's leadership team and their track record. Good management can help Shoe Carnival navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Retail space and any emerging trends that could impact Shoe Carnival's business and its evolving consumer preferences.
- Compare Shoe Carnival's performance and market position to its competitors. Analyze how Shoe Carnival is positioned in terms of product offerings, innovation, and market share.
- Check if Shoe Carnival pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Shoe Carnival's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Shoe Carnival stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Shoe Carnival is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Shoe Carnival Stock
Researching Shoe Carnival's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 36.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shoe Carnival has Price/Earnings To Growth (PEG) ratio of 0.95. The entity last dividend was issued on the 7th of October 2024. The firm had 2:1 split on the 20th of July 2021.
To determine if Shoe Carnival is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Shoe Carnival's research are outlined below:
| Shoe Carnival generated a negative expected return over the last 90 days | |
| Shoe Carnival has a poor financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are owned by institutional investors | |
| On 21st of October 2024 Shoe Carnival paid $ 0.135 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Shoe Carnival Q3 EPS Win But Sales Slip Amid Calendar Shifts And Weather Woes |
Shoe Carnival uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Shoe Carnival. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Shoe Carnival's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 22nd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Shoe Carnival's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Shoe Carnival's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-08-23 | 2007-07-31 | 0.01 | 0.0042 | -0.0058 | 58 | ||
2019-03-26 | 2019-02-28 | 0.03 | 0.04 | 0.01 | 33 | ||
2019-03-26 | 2019-01-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2018-03-27 | 2018-02-28 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-03-27 | 2018-01-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2014-09-03 | 2014-08-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2014-09-03 | 2014-07-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2012-03-21 | 2012-02-29 | 0.07 | 0.08 | 0.01 | 14 |
Know Shoe Carnival's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Shoe Carnival is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shoe Carnival backward and forwards among themselves. Shoe Carnival's institutional investor refers to the entity that pools money to purchase Shoe Carnival's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Arrowstreet Capital Limited Partnership | 2024-06-30 | 346.8 K | Lsv Asset Management | 2024-09-30 | 333.2 K | Goldman Sachs Group Inc | 2024-06-30 | 300.6 K | Amvescap Plc. | 2024-06-30 | 268.4 K | Wasatch Advisors Lp | 2024-09-30 | 267.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 262.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 261.3 K | Newsouth Capital Management Inc | 2024-09-30 | 259.4 K | Bridgeway Capital Management, Llc | 2024-09-30 | 234 K | Blackrock Inc | 2024-06-30 | 2.8 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2 M |
Shoe Carnival's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 921.19 M.Market Cap |
|
Shoe Carnival's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | (0.07) | |
| Return On Capital Employed | 0.10 | (0.08) | |
| Return On Assets | 0.07 | (0.07) | |
| Return On Equity | 0.13 | (0.12) |
Determining Shoe Carnival's profitability involves analyzing its financial statements and using various financial metrics to determine if Shoe Carnival is a good buy. For example, gross profit margin measures Shoe Carnival's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Shoe Carnival's profitability and make more informed investment decisions.
Evaluate Shoe Carnival's management efficiency
Shoe Carnival has return on total asset (ROA) of 0.0587 % which means that it generated a profit of $0.0587 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1316 %, meaning that it created $0.1316 on every $100 dollars invested by stockholders. Shoe Carnival's management efficiency ratios could be used to measure how well Shoe Carnival manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.07. The value of Return On Capital Employed is expected to slide to -0.08. At this time, Shoe Carnival's Intangible Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 0.19 this year, although the value of Net Tangible Assets will most likely fall to about 351.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 21.42 | 1.52 | |
| Tangible Book Value Per Share | 19.79 | 1.52 | |
| Enterprise Value Over EBITDA | 7.89 | (36.87) | |
| Price Book Value Ratio | 1.23 | 0.86 | |
| Enterprise Value Multiple | 7.89 | (36.87) | |
| Price Fair Value | 1.23 | 0.86 | |
| Enterprise Value | 63 M | 59.9 M |
The leadership approach at Shoe Carnival's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Dividend Yield 0.0161 | Forward Dividend Yield 0.0161 | Forward Dividend Rate 0.54 | Beta 1.557 |
Basic technical analysis of Shoe Stock
As of the 25th of November, Shoe Carnival has the Variance of 8.08, coefficient of variation of (959.37), and Risk Adjusted Performance of (0.07). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shoe Carnival, as well as the relationship between them. Please validate Shoe Carnival market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Shoe Carnival is priced more or less accurately, providing market reflects its prevalent price of 33.9 per share. Given that Shoe Carnival has information ratio of (0.15), we advise you to double-check Shoe Carnival's current market performance to make sure the company can sustain itself at a future point.Shoe Carnival's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Shoe Carnival insiders, such as employees or executives, is commonly permitted as long as it does not rely on Shoe Carnival's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Shoe Carnival insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shoe Carnival's Outstanding Corporate Bonds
Shoe Carnival issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shoe Carnival uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shoe bonds can be classified according to their maturity, which is the date when Shoe Carnival has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| SHIRE ACQUISITIONS INVTS Corp BondUS82481LAD10 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Shoe Carnival's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Shoe Carnival's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 2.07 | |||
| Coefficient Of Variation | (959.37) | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.08 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 16.24 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 5.16 | |||
| Skewness | 0.1038 | |||
| Kurtosis | 1.39 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 2.07 | |||
| Coefficient Of Variation | (959.37) | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.08 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 16.24 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 5.16 | |||
| Skewness | 0.1038 | |||
| Kurtosis | 1.39 |
Consider Shoe Carnival's intraday indicators
Shoe Carnival intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shoe Carnival stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Shoe Carnival Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 6th of September 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 26th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of May 2024 Other Reports | ViewVerify |
Shoe Stock media impact
Far too much social signal, news, headlines, and media speculation about Shoe Carnival that are available to investors today. That information is available publicly through Shoe media outlets and privately through word of mouth or via Shoe internal channels. However, regardless of the origin, that massive amount of Shoe data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Shoe Carnival news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Shoe Carnival relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Shoe Carnival's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Shoe Carnival alpha.
Shoe Carnival Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Shoe Carnival can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Shoe Carnival Corporate Management
| Carl Scibetta | Executive VP and General Merchandise Manager | Profile | |
| John Dodson | Senior Operations | Profile | |
| Deborah Hannah | Senior Communications | Profile | |
| Angela Brawdy | Vice Resources | Profile | |
| Terry Clements | Chief VP | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shoe Carnival. If investors know Shoe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shoe Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.155 | Earnings Share 2.72 | Revenue Per Share 45.392 | Quarterly Revenue Growth 0.129 | Return On Assets 0.0587 |
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Shoe Carnival's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.