What analysts say:
- Buy, sell, or hold?: Analysts strongly back Steven Madden, with four of six rating it a buy and the remainder rating it a hold. Analysts like Steven Madden better than competitor SKECHERS USA overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared with three months ago.
- Revenue forecasts: On average, analysts predict $195 million in revenue this quarter. That would represent a rise of 22.9% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.54 per share. Estimates range from $0.53 to $0.55.
What our community says:
CAPS All-Stars are solidly behind the stock with 90.1% granting it an "outperform" rating. The community at large backs the All-Stars with 90.6% assigning it a rating of "outperform." Fools are bullish on Steven Madden, though the message boards have been quiet lately with only 94 posts in the past 30 days. Even with a robust four out of five stars, Steven Madden's CAPS rating falls a little short of the community's upbeat outlook.
Steven Madden's profit has risen year over year by an average of 34.4%. The company's gross margin shrank by 4.7 percentage points in the last quarter. Revenue rose 23.6% while cost of sales rose 34.8% to $96.6 million from a year earlier.
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