Shoe Carnival (SCVL) Stock Forecast, Price Target & Predictions


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SCVL Stock Forecast


Shoe Carnival stock forecast is as follows: an average price target of $46.00 (represents a 37.40% upside from SCVL’s last price of $33.48) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

SCVL Price Target


The average price target for Shoe Carnival (SCVL) is $46.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $42.00. This represents a potential 37.40% upside from SCVL's last price of $33.48.

SCVL Analyst Ratings


Buy

According to 1 Wall Street analysts, Shoe Carnival's rating consensus is 'Buy'. The analyst rating breakdown for SCVL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Shoe Carnival Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Mitch KummetzSeaport Global$50.00$43.4215.14%49.34%
May 24, 2024Mitch KummetzSeaport Global$42.00$36.2915.73%25.45%
May 23, 2024Sam PoserWilliams Trading$42.00$36.2915.73%25.45%
Mar 21, 2024Sam PoserWilliams Trading$40.00$35.6412.23%19.47%
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The latest Shoe Carnival stock forecast, released on Aug 27, 2024 by Mitch Kummetz from Seaport Global, set a price target of $50.00, which represents a 15.14% increase from the stock price at the time of the forecast ($43.42), and a 49.34% increase from SCVL last price ($33.48).

Shoe Carnival Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$50.00$43.50
Last Closing Price$33.48$33.48$33.48
Upside/Downside-100.00%49.34%29.93%

In the current month, the average price target of Shoe Carnival stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Shoe Carnival's last price of $33.48. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 27, 2024Seaport GlobalBuyBuyHold
May 24, 2024Seaport GlobalBuyBuyHold
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Shoe Carnival's last stock rating was published by Seaport Global on Aug 27, 2024. The company gave SCVL a "Buy" rating, the same as its previous rate.

Shoe Carnival Financial Forecast


Shoe Carnival Revenue Forecast

Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18May 17May 16May 15May 14
Revenue----$280.17M----------$328.46M--$300.79M$147.50M$239.88M$274.64M$268.22M$253.81M$234.66M$257.44M--$252.77M$235.77M
Avg Forecast$283.50M$318.10M$331.45M$294.00M$280.30M$321.03M$287.56M$287.57M$307.06M$345.48M$345.95M$318.20M$278.51M$314.70M$302.51M$274.36M$253.90M$275.58M$310.46M$140.42M$237.97M$273.20M$269.96M$258.27M$232.84M$198.98M$217.37M$155.80M$187.80M$267.07M
High Forecast$285.80M$320.68M$331.46M$296.38M$282.57M$323.63M$289.89M$289.89M$309.54M$348.02M$348.50M$320.54M$280.56M$317.01M$304.73M$276.38M$255.77M$277.61M$312.74M$141.45M$239.72M$275.20M$271.95M$260.17M$234.55M$238.78M$260.84M$186.96M$225.36M$320.48M
Low Forecast$281.20M$315.52M$331.45M$291.62M$278.03M$318.43M$285.24M$285.24M$304.57M$342.94M$343.41M$315.86M$276.47M$312.39M$300.29M$272.35M$252.03M$273.56M$308.18M$139.38M$236.22M$271.19M$267.98M$256.38M$231.13M$159.19M$173.89M$124.64M$150.24M$213.65M
# Analysts1111111111111111188148147915171020813
Surprise %----1.00%----------1.20%--0.97%1.05%1.01%1.01%0.99%0.98%1.01%1.29%--1.35%0.88%

Shoe Carnival's average Quarter revenue forecast for May 24 based on 1 analysts is $294.00M, with a low forecast of $291.62M, and a high forecast of $296.38M. SCVL's average Quarter revenue forecast represents a 4.94% increase compared to the company's last Quarter revenue of $280.17M (Feb 24).

Shoe Carnival EBITDA Forecast

Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18May 17May 16May 15May 14
# Analysts1111111111111111188148147915171020813
EBITDA----$27.57M----------$61.92M--$18.44M$-19.34M$9.22M$22.57M$19.88M$20.22M$7.14M$22.95M--$22.61M$19.86M
Avg Forecast$35.94M$40.32M$42.01M$10.52M$35.53M$40.69M$36.45M$9.57M$46.66M$35.89M$35.94M$8.70M$28.94M$32.70M$53.08M$28.50M$26.38M$28.63M$32.25M$7.91M$24.72M$28.38M$28.05M$4.76M$24.19M$1.25M$4.19M$6.87M$7.83M$7.03M
High Forecast$36.23M$40.65M$42.01M$12.63M$35.82M$41.02M$36.75M$11.48M$55.99M$36.16M$36.21M$10.44M$29.15M$32.94M$63.70M$28.71M$26.57M$28.84M$32.49M$9.49M$24.91M$28.59M$28.25M$5.72M$24.37M$1.50M$5.03M$8.24M$9.40M$8.43M
Low Forecast$35.64M$39.99M$42.01M$8.42M$35.24M$40.36M$36.16M$7.65M$37.33M$35.63M$35.68M$6.96M$28.72M$32.46M$42.47M$28.30M$26.18M$28.42M$32.02M$6.33M$24.54M$28.18M$27.84M$3.81M$24.01M$998.04K$3.35M$5.49M$6.27M$5.62M
Surprise %----0.78%----------2.17%--0.57%-2.45%0.37%0.80%0.71%4.24%0.30%18.40%--2.89%2.83%

1 analysts predict SCVL's average Quarter EBITDA for May 24 to be $10.52M, with a high of $12.63M and a low of $8.42M. This is -61.83% lower than Shoe Carnival's previous annual EBITDA (Feb 24) of $27.57M.

Shoe Carnival Net Income Forecast

Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18May 17May 16May 15May 14
# Analysts1111111111111111188148147915171020813
Net Income----$15.52M----------$43.24M--$10.06M$-16.19M$3.48M$13.73M$11.83M$13.87M$1.36M$12.96M--$10.40M$9.15M
Avg Forecast$13.38M$18.61M$22.27M$3.97M$16.32M$26.77M$23.10M$3.61M$32.52M$31.26M$28.05M$3.28M$12.01M$31.63M$37.07M$19.25M$7.01M$9.66M$8.46M$2.99M$2.92M$12.20M$10.76M$906.00K$825.00K$-3.03M$-830.30K$2.31M$2.34M$750.00K
High Forecast$13.52M$18.80M$22.51M$4.77M$16.32M$27.05M$23.34M$4.33M$39.03M$31.56M$28.32M$3.94M$12.12M$32.94M$44.48M$19.43M$7.08M$9.75M$8.54M$3.58M$2.95M$12.32M$10.86M$1.09M$832.88K$-2.43M$-664.24K$2.77M$2.81M$900.00K
Low Forecast$13.24M$18.41M$22.04M$3.18M$16.31M$26.48M$22.86M$2.89M$26.02M$30.96M$27.78M$2.63M$11.89M$30.31M$29.66M$19.07M$6.95M$9.57M$8.38M$2.39M$2.89M$12.09M$10.66M$724.80K$817.12K$-3.64M$-996.36K$1.85M$1.88M$600.00K
Surprise %----0.95%----------2.25%--1.19%-5.42%1.19%1.12%1.10%15.31%1.65%-4.27%--4.44%12.20%

Shoe Carnival's average Quarter net income forecast for May 24 is $3.97M, with a range of $3.18M to $4.77M. SCVL's average Quarter net income forecast represents a -74.40% decrease compared to the company's last Quarter net income of $15.52M (Feb 24).

Shoe Carnival SG&A Forecast

Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18May 17May 16May 15May 14
# Analysts1111111111111111188148147915171020813
SG&A----$79.74M----------$72.56M--$68.21M$54.73M$65.12M$66.58M$66.42M$59.53M$65.17M$60.01M--$57.66M$54.37M
Avg Forecast$72.94M$81.84M$85.28M$74.30M$72.12M$82.60M$73.99M$67.54M$56.69M$88.79M$88.91M$61.40M$71.58M$80.88M$62.20M$70.51M$65.25M$70.82M$79.79M$55.82M$61.16M$70.21M$69.38M$43.45M$59.84M$54.48M$60.82M$33.93M$47.69M$70.17M
High Forecast$73.53M$82.51M$85.28M$89.16M$72.70M$83.27M$74.59M$81.05M$68.03M$89.44M$89.56M$73.68M$72.10M$81.47M$74.64M$71.03M$65.73M$71.34M$80.37M$66.98M$61.61M$70.73M$69.89M$52.14M$60.28M$65.38M$72.98M$40.71M$57.22M$84.20M
Low Forecast$72.35M$81.18M$85.28M$59.44M$71.53M$81.93M$73.39M$54.03M$45.35M$88.14M$88.26M$49.12M$71.05M$80.28M$49.76M$69.99M$64.77M$70.30M$79.20M$44.66M$60.71M$69.70M$68.87M$34.76M$59.40M$43.59M$48.66M$27.14M$38.15M$56.13M
Surprise %----1.11%----------1.03%--0.85%0.98%1.06%0.95%0.96%1.37%1.09%1.10%--1.21%0.77%

Shoe Carnival's average Quarter SG&A projection for May 24 is $74.30M, based on 1 Wall Street analysts, with a range of $59.44M to $89.16M. The forecast indicates a -6.82% fall compared to SCVL last annual SG&A of $79.74M (Feb 24).

Shoe Carnival EPS Forecast

Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19May 18May 17May 16May 15May 14
# Analysts1111111111111111188148147915171020813
EPS----$0.57----------$1.53--$0.36$-0.58$0.12$0.48$0.40$0.47$0.05$0.42--$0.27$0.23
Avg Forecast$0.49$0.68$0.81$0.60$0.59$0.97$0.84$0.69$0.80$1.14$1.02$0.86$0.44$1.15$0.81$0.70$0.26$0.35$0.31$-0.48$0.11$0.44$0.39$0.42$0.03$0.07$0.04$0.08$0.07$0.05
High Forecast$0.49$0.68$0.82$0.60$0.59$0.98$0.85$0.70$0.81$1.15$1.03$0.87$0.44$1.20$0.82$0.71$0.26$0.35$0.31$-0.48$0.11$0.45$0.39$0.42$0.03$0.08$0.04$0.09$0.09$0.06
Low Forecast$0.48$0.67$0.80$0.60$0.59$0.96$0.83$0.68$0.79$1.13$1.01$0.86$0.43$1.10$0.80$0.69$0.25$0.35$0.30$-0.49$0.11$0.44$0.39$0.41$0.03$0.06$0.03$0.06$0.06$0.04
Surprise %----0.96%----------2.19%--1.17%1.20%1.13%1.08%1.02%1.12%1.67%6.00%--3.86%4.60%

According to 1 Wall Street analysts, Shoe Carnival's projected average Quarter EPS for May 24 is $0.60, with a low estimate of $0.60 and a high estimate of $0.60. This represents a 4.68% increase compared to SCVL previous annual EPS of $0.57 (Feb 24).

Shoe Carnival Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TLYSTilly's$3.67$9.50158.86%Hold
GESGuess'$16.20$29.2580.56%Hold
JILLJ.Jill$24.48$39.5061.36%Buy
PLCEChildren's Place$14.78$20.5038.70%Hold
SCVLShoe Carnival$33.48$46.0037.40%Buy
BKEBuckle$47.22$46.00-2.58%Strong Buy
BURLBurlington Stores$269.02$261.14-2.93%Buy
CTRNCiti Trends$17.86$17.00-4.82%Buy
ZUMZZumiez$21.47$19.50-9.18%Hold
HIBBHibbett$87.49$71.10-18.73%Hold

SCVL Forecast FAQ


Is Shoe Carnival a good buy?

Yes, according to 1 Wall Street analysts, Shoe Carnival (SCVL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of SCVL's total ratings.

What is SCVL's price target?

Shoe Carnival (SCVL) average price target is $46 with a range of $42 to $50, implying a 37.40% from its last price of $33.48. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Shoe Carnival stock go up soon?

According to Wall Street analysts' prediction for SCVL stock, the company can go up by 37.40% (from the last price of $33.48 to the average price target of $46), up by 49.34% based on the highest stock price target, and up by 25.45% based on the lowest stock price target.

Can Shoe Carnival stock reach $50?

SCVL's average twelve months analyst stock price target of $46 does not support the claim that Shoe Carnival can reach $50 in the near future.

What are Shoe Carnival's analysts' financial forecasts?

SCVL's analysts financial forecasts for the fiscal year (Feb 2025) are as follows: average revenue is $1.23B (high $1.23B, low $1.22B), average EBITDA is $128.8M (high $131.52M, low $126.07M), average net income is $58.24M (high $59.61M, low $56.87M), average SG&A $314.36M (high $330.47M, low $298.24M), and average EPS is $2.57 (high $2.59, low $2.55).

Did the SCVL's actual financial results beat the analysts' financial forecasts?

Based on Shoe Carnival's last annual report (Feb 2024), the company's revenue was $1.18B, which missed the average analysts forecast of $1.18B by -0.05%. Apple's EBITDA was $122.3M, beating the average prediction of $122.24M by 0.05%. The company's net income was $73.35M, beating the average estimation of $69.8M by 5.09%. Apple's SG&A was $327.88M, beating the average forecast of $296.24M by 10.68%. Lastly, the company's EPS was $2.69, missing the average prediction of $3.1 by -13.13%. In terms of the last quarterly report (Feb 2024), Shoe Carnival's revenue was $280.17M, missing the average analysts' forecast of $280.3M by -0.05%. The company's EBITDA was $27.57M, missing the average prediction of $35.53M by -22.40%. Shoe Carnival's net income was $15.52M, missing the average estimation of $16.32M by -4.88%. The company's SG&A was $79.74M, beating the average forecast of $72.12M by 10.57%. Lastly, the company's EPS was $0.57, missing the average prediction of $0.593 by -3.93%