(SHOO) Steven Madden - Ratings and Ratios

Steven Madden Ltd (NASDAQ:SHOO) is a fashion-forward footwear, accessories, and apparel company that operates through multiple business segments, including Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to-Consumer, and Licensing. The companys diverse brand portfolio, including Steve Madden, Dolce Vita, Betsey Johnson, and Anne Klein, enables it to cater to a wide range of customers across various distribution channels, including department stores, online retailers, and company-operated retail stores.

The companys business model is designed to capitalize on the latest fashion trends, with a focus on designing, sourcing, and marketing products that meet the evolving needs of its customers. Through its Direct-to-Consumer segment, Steven Madden Ltd has been able to maintain a strong online presence, with e-commerce websites and social media platforms playing a crucial role in driving sales and brand awareness.

From a technical analysis perspective, the stocks current price is 23.02 USD, with a 20-day SMA of 24.93 USD and a 50-day SMA of 23.05 USD, indicating a potential short-term downtrend. However, the companys strong brand portfolio, diversified distribution channels, and improving profitability metrics, including a RoE of 19.72%, are likely to drive long-term growth.

Based on the available and , a forecast for Steven Madden Ltd can be made. With a P/E ratio of 11.24 and a P/E Forward ratio of 34.25, the stock appears to be undervalued in the short term. Additionally, the companys Market Cap of 1895.58M USD and a relatively low ATR of 1.19 (5.17%) suggest a stable stock with potential for growth. Considering these factors, a potential price target for SHOO could be around 30-32 USD in the next 6-12 months, driven by the companys continued focus on expanding its e-commerce presence, improving profitability, and leveraging its diverse brand portfolio.