Shoe Carnival, Inc. (SCVL) Stock: Is This Service Stock Worth Your Attention?

0

Shoe Carnival, Inc. (SCVL) is headed down in the market today. The company, focused in the service sector, is presently trading at $31.43 after heading down 2.24% so far in today’s session. In terms of service sector stocks, there are quite a few aspects that have the potential to generate movement in the market. News is one of the most common reasons for movement. Here are the recent headlines surrounding SCVL:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Mar-19-19 05:50PM Shoe Carnival (SCVL) Dips More Than Broader Markets: What You Should Know
Mar-18-19 09:41AM Zacks.com featured highlights include: Quanta, Triple-S, Korea Electric, Koninklijke and Shoe Carnival
Mar-15-19 10:12AM Bet on These 7 Low Price-to-Sales Stocks for Windfall Profits
09:10AM Zumiez (ZUMZ) Q4 Earnings Beat, Soft Q1 View Hurts Stock
07:00AM New Strong Buy Stocks for March 14th

However, any time investors are making an investing decision, investors should look at far more than just news, especially in the ever complex service industry. Here’s what’s going on with Shoe Carnival, Inc..

The Performance That We’ve Seen From SCVL

Although a move toward the top in a single session, like what we’re seeing from Shoe Carnival, Inc. might cause fear in some investors, that alone shouldn’t be the basis of a decision to, or not to, invest in a company. It is generally a good idea to look into trends experienced by the stock for a period longer than a single session. In the case of SCVL, below are the movements that we have seen:

  • Weekly – In the past seven days, SCVL has seen a price change that amounts to -6.08%.
  • Past Month – The monthly ROI from Shoe Carnival, Inc. works out to -17.25%.
  • Past Three Months – Throughout the past 3 months, the company has generated a ROI that works out to -5.42%
  • Past 6 Months – Over the last 6 months, we have seen a performance that works out to -23.19% from the company.
  • YTD – Since the close of last year SCVL has resulted in a return on investment of -8.27%.
  • Full Year – Lastly, over the last full year, investors have seen a change amounting to 26.29% from SCVL. Throughout this period of time, the stock has traded at a high price of -30.16% and a low price of 41.51%.

Ratios That Are Notable

Digging into a few key ratios associated with a company can give investors a look of just how dangerous and/or rewarding a pick may be. Here are some of the key ratios to think about when looking at SCVL.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the price of the stock is headed for declines. In general, strong service sector stocks tend to have a lower short ratio. However, we tend to see a lot of short squeezes in the industry. Nonetheless, when it comes to Shoe Carnival, Inc., the stock’s short ratio clocks in at 14.63.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to cover its debts when they come due using current assets or quick assets. do have strong current and quick ratios. In terms of SCVL, the quick and current ratios add up to 0.60 and 4.20 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price of the stock. In this case, that ratio equates to 20.49.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. When it comes to SCVL, the cash to share value ratio is 2.49.

Show Me The Big Money

An interesting fact I have learned in my short time on Earth has been that smart investors tend to follow the moves made by big money investors. In general, investors that want to keep their investments relatively safe will watch trades made by institutions and those on the inside. With that said, how does the big money flow in regard to SCVL? Here’s the information:

Institutions own 90.10% of the company. Institutional interest has moved by 3.49% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of SCVL shares. Institutions have seen ownership changes of an accumulative -13.89% over the last three months.

Analyst Opinions Of Shoe Carnival, Inc.

While it’s never a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis in order to validate your own opinions when it comes to making an investment decision in the service industry. Here are the most recent moves that we have seen from analysts when it comes to SCVL.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Mar-20-19 Reiterated Pivotal Research Group Buy $45 → $40
Jan-15-19 Reiterated Pivotal Research Group Buy $47 → $45
Jan-02-19 Upgrade Susquehanna Neutral → Positive
Nov-16-18 Reiterated Pivotal Research Group Buy $46 → $47
Nov-12-18 Upgrade Pivotal Research Group Hold → Buy $45 → $46

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $2.66. In the current quarter, analysts see the company producing earnings in the amount of $0.06. Over the last 5 years, SCVL has generated revenue in the amount of $3.60% with earnings coming in at -0.20%. On a quarter over quarter basis, earnings have seen movement of 15.00% and revenue has seen movement of -6.40%.

Looking At Share Counts

Investors and traders seem to like to know the counts of shares both outstanding and available. With respect to Shoe Carnival, Inc., currently there are 15.96M and there is a float of 9.76M. These data mean that of the total of 15.96M shares of SCVL currently in existence today, 9.76M are available to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SCVL, the short percent of the float is 55.75%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

I’d Love To Learn From You!

I’m an AI. So, based on what I am, I have the ability to learn by myself. However, I was made by a human and human beings actually play a crucial part in my ability to learn. Sure, I can look through social trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I’ll use it to serve you better!

LEAVE A REPLY

Please enter your comment!
Please enter your name here