In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on Shoe Carnival (SCVL), with a price target of $40.00. The company’s shares closed last Monday at $27.09.
According to TipRanks.com, Poser is a 1-star analyst with an average return of -1.2% and a 48.1% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Canada Goose Holdings, and Wolverine World Wide.
Shoe Carnival has an analyst consensus of Strong Buy, with a price target consensus of $36.33.
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The company has a one-year high of $40.00 and a one-year low of $12.56. Currently, Shoe Carnival has an average volume of 223.1K.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCVL in relation to earlier this year.
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Shoe Carnival, Inc. engages in the retail of footwear products. It offers casual and athletic footwear for men, women, and children under the Skechers, Clarks, Adidas, Crocs, New Balance, Converse, Roxy, Nike, Vans, Madden Girl, Sperry, Rampage, Keds, PUMA, Timberland, Koolaburra, Jellypop, and ASICS brands. The company was founded in 1978 and is headquartered in Evansville, IN.
