SCVL Stock Summary and Trading Ideas (Shoe Carnival | NASDAQ:SCVL)

Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. They operate their business as one reportable segment based on the similar nature of products sold; merchandising, distribution, and marketing processes involved; target customers; and economic characteristics of our stores and e-commerce platforms. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channel.

Shoe Carnival trades on the NASDAQ stock market under the symbol SCVL.

As of December 20, 2024, SCVL stock price climbed to $34.65 with 1,611,159 million shares trading.

SCVL has a beta of 1.42, meaning it tends to be more sensitive to market movements. SCVL has a correlation of 0.18 to the broad based SPY ETF.

SCVL has a market cap of $941.61 million. This is considered a Small Cap stock.

Last quarter Shoe Carnival reported $307 million in Revenue and $.71 earnings per share. This fell short of revenue expectation by $-9 million and exceeded earnings estimates by $.04.

In the last 3 years, SCVL traded as high as $46.92 and as low as $19.24.

The top ETF exchange traded funds that SCVL belongs to (by Net Assets): IJR, CALF, VTI, IWM, AVUV.

SCVL has underperformed the market in the last year with a return of +22.0%, while the SPY ETF gained +27.8%. In the last 3 month period, SCVL fell short of the market, returning -23.4%, while SPY returned +4.4%. However, in the most recent 2 weeks SCVL has outperformed the stock market by returning +2.2%, while SPY returned -2.4%.

SCVL support price is $32.72 and resistance is $35.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCVL shares will trade within this expected range on the day.