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Shoe Carnival (SCVL) Looks Good: Stock Adds 5% in Session

Shoe Carnival, Inc. SCVL was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $24.25 – $27.44 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Shoe Carnival currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

Shoe Carnival, Inc. Price

Shoe Carnival, Inc. Price

Shoe Carnival, Inc. price | Shoe Carnival, Inc. Quote

Investors interested in the Retail - Apparel and Shoes industry may consider Tapestry, Inc. TPR, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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