(SCVL) Shoe Carnival - Ratings and Ratios

Shoe Carnival, Inc. is a prominent family footwear retailer in the United States, operating a significant number of brick-and-mortar stores across the country. The companys diverse product portfolio encompasses a wide range of footwear categories, including dress shoes, casual shoes, sandals, boots, and athletic shoes, catering to men, women, and children. In addition to its physical stores, Shoe Carnival has a robust e-commerce presence, selling its products through its websites, www.shoecarnival.com and www.shoestation.com, as well as through its mobile app, providing customers with a seamless shopping experience across online and offline channels.

The companys business model is characterized by its ability to offer a broad selection of footwear products at competitive prices, leveraging its strong relationships with suppliers to drive sales and profitability. With a founding history dating back to 1978 and headquartered in Evansville, Indiana, Shoe Carnival has established itself as a reputable player in the apparel retail industry, specifically within the footwear segment.

Analyzing the technical data, we observe that the stock has experienced significant volatility, with the last price recorded at $17.98. The short-term moving averages (SMA20 and SMA50) indicate a potential bullish trend reversal, as the SMA20 ($17.74) is close to the last price, and the stock is trading above it. However, the long-term SMA200 ($31.42) suggests that the stock is still in a downtrend. The Average True Range (ATR) of 1.26 represents a 7.01% volatility, indicating a relatively high level of price fluctuations. Considering the 52-week high ($45.13) and low ($16.75), the stock is currently trading near its 52-week low.

From a fundamental perspective, Shoe Carnivals market capitalization stands at $493.49 million, with a price-to-earnings (P/E) ratio of 6.78, indicating that the stock may be undervalued relative to its earnings. The forward P/E ratio of 9.41 suggests potential for earnings growth. The return on equity (RoE) of 11.80% is a positive indicator of the companys profitability.

Combining the insights from both technical and fundamental data, a forecast for Shoe Carnival Inc. (SCVL) can be constructed. Given the current technical indicators and fundamental data, it is likely that the stock will experience a short-term bullish trend, potentially driven by a rebound from its 52-week low. However, the long-term downtrend indicated by the SMA200 may continue to exert downward pressure on the stock price. Therefore, a potential trading strategy could involve a short-term buy, targeting a price level around $20-$22, with a stop-loss below $16.75. Nevertheless, investors should exercise caution and closely monitor the stocks performance, as the apparel retail industry is subject to various market and economic factors that may impact Shoe Carnivals future performance.