Steve Madden Announces Third Quarter 2024 Results
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Steven Madden (SHOO) PT Raised to $42 at Williams Trading
November 8, 2024 6:36 AM ESTWilliams Trading analyst Sam Poser raised the price target on Steven Madden (NASDAQ: SHOO) to $42.00 (from $39.00) while maintaining a Hold rating.
The analyst comments "Remain on the runway. Raising PT from $39 to $42, modestly increasing estimates, introducing FY26 estimates. Our revised PT reflects a P/E of 13x our FY26 EPS estimate. Over the past 5-years, SHOO has traded at an average FY2 P/E of 14.8x the consensus estimates, and is trading at 15x today. Given the negative growth of its core wholesale... More
Steven Madden (SHOO) PT Raised to $45 at Citi
November 8, 2024 5:02 AM ESTCiti analyst Paul Lejuez raised the price target on Steven Madden (NASDAQ: SHOO) to $45.00 (from $43.00) while maintaining a Neutral rating.
The analyst comments "3Q EPS beat consensus slightly, driven by stronger apparel/accessories sales while wholesale footwear was weaker than... More
