Steven Madden (NASDAQ:SHOO) Stock Rating Lowered by Jefferies Financial Group

Steven Madden (NASDAQ:SHOO) was downgraded by investment analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. They presently have a $30.00 target price on the textile maker’s stock. Jefferies Financial Group’s price target suggests a potential downside of 15.99% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. BTIG Research reissued a “buy” rating and set a $50.00 target price (up previously from $43.00) on shares of Steven Madden in a research report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and set a $43.00 target price on shares of Steven Madden in a research report on Tuesday, December 9th. Citigroup reiterated a “buy” rating and issued a $41.00 price target (up from $32.00) on shares of Steven Madden in a research note on Friday, October 17th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $50.00 price target on shares of Steven Madden in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.63.

Steven Madden Price Performance

Shares of SHOO stock opened at $35.71 on Thursday. The stock’s 50-day moving average is $43.41 and its 200 day moving average is $36.10. Steven Madden has a 1-year low of $19.05 and a 1-year high of $46.88. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08. The company has a market cap of $2.59 billion, a P/E ratio of 45.20 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. The firm had revenue of $667.88 million for the quarter, compared to analysts’ expectations of $697.89 million. During the same period in the previous year, the company posted $0.91 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Research analysts predict that Steven Madden will post 2.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Steven Madden by 2.5% during the third quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after purchasing an additional 200,013 shares during the period. Wellington Management Group LLP raised its position in Steven Madden by 18.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after buying an additional 528,829 shares during the last quarter. Capital Research Global Investors lifted its stake in Steven Madden by 14.0% during the 3rd quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after acquiring an additional 334,058 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Steven Madden by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock valued at $82,046,000 after acquiring an additional 41,947 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Steven Madden by 50.5% in the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock valued at $58,198,000 after acquiring an additional 814,318 shares during the last quarter. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Multiple firms reaffirmed buy/outperform ratings and high price targets, supporting upside expectations — BTIG and Telsey each kept a $50 price target (~40% above current levels), and Needham issued a buy rating, all signaling continued analyst conviction in growth and margin recovery. Analyst Reaffirmations
• Positive Sentiment: Aggregated analyst data shows a consensus “Moderate Buy,” which can provide a baseline of support for the stock as investors weigh divergent views. Consensus Recommendation
• Neutral Sentiment: Wide analyst target dispersion (roughly $30 to $50) increases short-term volatility — bullish firms cite upside from pricing and brand strength, while bearish views focus on wholesale execution. This split means news flow and guidance will likely move the stock materially. Analyst Coverage Note
• Negative Sentiment: Jefferies downgraded SHOO from Hold to Underperform and cut its target to $30, pointing to near-term wholesale headwinds; that downgrade triggered heavy selling pressure and headlines about a sell-off. Jefferies Downgrade
• Negative Sentiment: Coverage in news outlets reports that large retail customers are reportedly rejecting price increases, which could pressure margins and wholesale revenue if retailers resist passing through higher costs. Those reports explain the sharp intraday weakness cited in market headlines. Wholesale Headwinds Coverage

About Steven Madden

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.