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Shoe Carnival, Inc. (SCVL) to Release Quarterly Earnings on Tuesday
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Shoe Carnival (NASDAQ:SCVL) last released its quarterly earnings data on Wednesday, May 24th. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The firm had revenue of $253.40 million for the quarter, compared to analyst estimates of $251.74 million. Shoe Carnival had a return on equity of 7.27% and a net margin of 2.12%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 earnings per share. On average, analysts expect Shoe Carnival to post $1.43 EPS for the current fiscal year and $1.58 EPS for the next fiscal year.
Shares of Shoe Carnival, Inc. (SCVL) opened at 17.13 on Friday. The company has a market cap of $295.61 million, a price-to-earnings ratio of 14.57 and a beta of 0.95. Shoe Carnival, Inc. has a 1-year low of $15.42 and a 1-year high of $31.79. The firm has a 50-day moving average price of $17.82 and a 200 day moving average price of $21.88.
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Several research firms have weighed in on SCVL. B. Riley reiterated a “neutral” rating and issued a $26.00 price target on shares of Shoe Carnival in a research report on Wednesday, May 3rd. ValuEngine upgraded shares of Shoe Carnival from a “hold” rating to a “buy” rating in a research report on Wednesday, May 24th. Jefferies Group LLC reiterated a “hold” rating and issued a $21.00 price target (down from $26.00) on shares of Shoe Carnival in a research report on Thursday, May 25th. TheStreet downgraded shares of Shoe Carnival from a “b-” rating to a “c+” rating in a research report on Tuesday, May 23rd. Finally, Sidoti upgraded shares of Shoe Carnival from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, June 28th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $23.57.
Shoe Carnival Company Profile
Shoe Carnival, Inc is a family footwear retailer. The Company’s primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. It also offers online shopping on its e-commerce site at www.shoecarnival.com.