Shoe Carnival, Inc. (SCVL)
NASDAQ: SCVL · IEX Real-Time Price · USD
35.28
+1.63 (4.84%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Shoe Carnival Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Shoe Carnival stock has a target of 40, which predicts an increase of 13.38% from the current stock price of 35.28.
Analyst Consensus: Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for Shoe Carnival stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Williams Trading | Williams Trading | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +13.38% | Mar 22, 2024 |
| Monness, Crespi, Hardt | Monness, Crespi, Hardt | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 19, 2024 |
| Williams Trading | Williams Trading | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 1, 2023 |
| Seaport Global | Seaport Global | Strong Buy Initiates $53 | Strong Buy | Initiates | $53 | +50.23% | Jan 18, 2022 |
| Monness, Crespi, Hardt | Monness, Crespi, Hardt | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Aug 19, 2021 |
Financial Forecast
Revenue This Year
1.27B
from 1.18B
Increased by 7.66%
Revenue Next Year
1.34B
from 1.27B
Increased by 5.45%
EPS This Year
2.69
from 2.68
Increased by 0.29%
EPS Next Year
3.12
from 2.69
Increased by 16.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B |
| Avg | 1.3B | 1.3B | 1.4B |
| Low | 1.2B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.9% | 9.2% | 10.4% |
| Avg | 7.7% | 5.5% | 7.3% |
| Low | 3.3% | 0.7% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.78 | 3.28 | 3.51 |
| Avg | 2.69 | 3.12 | 3.41 |
| Low | 2.57 | 2.94 | 3.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8% | 21.9% | 12.4% |
| Avg | 0.3% | 16.1% | 9.2% |
| Low | -4.2% | 9.4% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.