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Steven Madden (SHOO) Looks Good: Stock Adds 8.3% in Session

Steven Madden, Ltd. SHOO was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $19.12 to $21.45 in the past one-month time frame.

The company has seen an estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Steven Madden currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Steven Madden, Ltd. Price

Steven Madden, Ltd. Price

Steven Madden, Ltd. price | Steven Madden, Ltd. Quote

A better-ranked stock in the Shoes and Retail Apparel industry is Caleres, Inc. CAL, holding a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Steven Madden, Ltd. (SHOO): Free Stock Analysis Report
 
Caleres, Inc. (CAL): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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