Steven Madden (NASDAQ:SHOO) Stock Price Expected to Rise, UBS Group Analyst Says

Steven Madden (NASDAQ:SHOO) had its target price increased by research analysts at UBS Group from $26.00 to $43.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the textile maker’s stock. UBS Group’s price objective suggests a potential upside of 12.54% from the company’s previous close.

Several other research analysts have also weighed in on SHOO. BTIG Research lifted their price objective on shares of Steven Madden from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup reissued a “buy” rating and set a $41.00 price target (up from $32.00) on shares of Steven Madden in a research report on Friday, October 17th. Telsey Advisory Group set a $45.00 price target on shares of Steven Madden and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Steven Madden in a report on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $42.83.

Steven Madden Stock Down 0.4%

Shares of Steven Madden stock opened at $38.21 on Thursday. The business has a fifty day simple moving average of $33.36 and a 200 day simple moving average of $27.88. The stock has a market cap of $2.78 billion, a PE ratio of 30.09 and a beta of 1.31. The company has a quick ratio of 1.13, a current ratio of 2.01 and a debt-to-equity ratio of 0.33. Steven Madden has a 12 month low of $19.05 and a 12 month high of $46.76.

Steven Madden (NASDAQ:SHOO) last released its earnings results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Steven Madden had a net margin of 3.92% and a return on equity of 18.32%. The company had revenue of $667.88 million during the quarter, compared to analyst estimates of $697.89 million. During the same period in the previous year, the company posted $0.91 EPS. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Research analysts predict that Steven Madden will post 2.66 EPS for the current year.

Institutional Trading of Steven Madden

Several hedge funds and other institutional investors have recently modified their holdings of SHOO. SBI Securities Co. Ltd. bought a new stake in shares of Steven Madden in the third quarter valued at about $31,000. EverSource Wealth Advisors LLC lifted its stake in Steven Madden by 86.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 485 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Steven Madden by 616.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 2,136 shares of the textile maker’s stock valued at $72,000 after acquiring an additional 1,838 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Steven Madden by 328.8% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,161 shares of the textile maker’s stock worth $58,000 after acquiring an additional 1,657 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Steven Madden by 231.0% during the 1st quarter. CWM LLC now owns 2,277 shares of the textile maker’s stock worth $61,000 after acquiring an additional 1,589 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

About Steven Madden

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.