Shoe Carnival (SCVL) Stock Forecast, Price Target & Predictions
SCVL Stock Forecast
Shoe Carnival stock forecast is as follows: an average price target of $46.00 (represents a 4.78% upside from SCVL’s last price of $43.90) 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 4.78% upside from SCVL's last price of $43.90.
SCVL Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 27, 2024 | Mitch Kummetz | Seaport Global | $50.00 | $43.42 | 15.14% | 13.90% |
| May 24, 2024 | Mitch Kummetz | Seaport Global | $42.00 | $36.29 | 15.73% | -4.33% |
| May 23, 2024 | Sam Poser | Williams Trading | $42.00 | $36.29 | 15.73% | -4.33% |
| Mar 21, 2024 | Sam Poser | Williams Trading | $40.00 | $35.64 | 12.23% | -8.88% |
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 13.90% increase from SCVL last price ($43.90).
Shoe Carnival Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $50.00 | $50.00 | $43.50 |
| Last Closing Price | $43.90 | $43.90 | $43.90 |
| Upside/Downside | 13.90% | 13.90% | -0.91% |
In the current month, the average price target of Shoe Carnival stock is $50.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.90% increase as opposed to Shoe Carnival's last price of $43.90. This month's average price target is down 0.00% compared to last quarter, and up 14.94% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2024 | Seaport Global | Buy | Buy | Hold |
| May 24, 2024 | Seaport Global | Buy | Buy | Hold |
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 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | Feb 18 | Nov 17 | Aug 17 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $280.17M | - | - | - | - | - | - | - | - | - | - | $328.46M | - | - | $300.79M | $147.50M | $239.88M | $274.64M | $268.22M | $253.81M | $234.66M | $257.44M | $243.23M | - | - | - |
| Avg Forecast | $284.40M | $322.87M | $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 | $270.08M | $195.92M | $258.68M | $217.37M |
| High Forecast | $285.94M | $324.61M | $333.25M | $295.59M | $281.82M | $322.77M | $289.12M | $289.12M | $308.72M | $347.35M | $346.11M | $318.81M | $278.93M | $315.17M | $302.96M | $274.77M | $254.28M | $276.00M | $310.92M | $140.63M | $238.33M | $273.61M | $270.37M | $258.66M | $233.19M | $238.78M | $324.09M | $235.10M | $310.41M | $260.84M |
| Low Forecast | $282.86M | $321.12M | $329.66M | $292.41M | $278.78M | $319.30M | $286.01M | $286.01M | $305.40M | $343.61M | $345.80M | $317.58M | $278.09M | $314.22M | $302.05M | $273.95M | $253.52M | $275.17M | $309.99M | $140.20M | $237.61M | $272.78M | $269.55M | $257.88M | $232.49M | $159.19M | $216.06M | $156.73M | $206.94M | $173.89M |
| # Analysts | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 8 | 8 | 14 | 8 | 14 | 7 | 9 | 15 | 17 | 20 | 15 | 15 | 10 |
| Surprise % | - | - | - | - | 1.00% | - | - | - | - | - | - | - | - | - | - | 1.20% | - | - | 0.97% | 1.05% | 1.01% | 1.01% | 0.99% | 0.98% | 1.01% | 1.29% | 0.90% | - | - | - |
Shoe Carnival's average Quarter revenue forecast for May 24 based on 0 analysts is $294.00M, with a low forecast of $292.41M, and a high forecast of $295.59M. 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 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | Feb 18 | Nov 17 | Aug 17 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 8 | 8 | 14 | 8 | 14 | 7 | 9 | 15 | 17 | 20 | 15 | 15 | 10 |
| EBITDA | - | - | - | - | $27.57M | - | - | - | - | - | - | - | - | - | - | $61.92M | - | - | $18.44M | $-19.34M | $9.22M | $22.57M | $19.88M | $20.22M | $7.14M | $22.95M | $6.03M | - | - | - |
| Avg Forecast | $29.55M | $33.54M | $34.44M | $10.52M | $29.12M | $33.35M | $29.88M | $9.57M | $31.90M | $56.61M | $35.94M | $33.06M | $42.42M | $51.46M | $53.08M | $28.50M | $14.15M | $15.76M | $32.25M | $7.91M | $24.72M | $28.38M | $28.05M | $4.76M | $24.19M | $1.25M | $22.30M | $10.06M | $19.47M | $4.19M |
| High Forecast | $29.71M | $33.73M | $34.62M | $12.63M | $29.28M | $33.53M | $30.04M | $11.48M | $32.07M | $67.93M | $35.96M | $33.12M | $50.90M | $61.75M | $63.70M | $28.55M | $16.98M | $18.91M | $32.30M | $9.49M | $24.76M | $28.43M | $28.09M | $5.72M | $24.23M | $1.50M | $26.76M | $12.07M | $23.36M | $5.03M |
| Low Forecast | $29.39M | $33.36M | $34.25M | $8.42M | $28.96M | $33.17M | $29.71M | $7.65M | $31.73M | $45.29M | $35.93M | $32.99M | $33.94M | $41.17M | $42.47M | $28.46M | $11.32M | $12.61M | $32.21M | $6.33M | $24.69M | $28.34M | $28.01M | $3.81M | $24.15M | $998.04K | $17.84M | $8.05M | $15.57M | $3.35M |
| Surprise % | - | - | - | - | 0.95% | - | - | - | - | - | - | - | - | - | - | 2.17% | - | - | 0.57% | -2.45% | 0.37% | 0.80% | 0.71% | 4.24% | 0.30% | 18.40% | 0.27% | - | - | - |
0 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 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | Feb 18 | Nov 17 | Aug 17 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 8 | 8 | 14 | 8 | 14 | 7 | 9 | 15 | 17 | 20 | 15 | 15 | 10 |
| Net Income | - | - | - | - | $15.52M | - | - | - | - | - | - | - | - | - | - | $43.24M | - | - | $10.06M | $-16.19M | $3.48M | $13.73M | $11.83M | $13.87M | $1.36M | $12.96M | $-3.89M | - | - | - |
| Avg Forecast | $13.57M | $19.62M | $22.27M | $3.97M | $16.32M | $26.77M | $23.10M | $3.61M | $21.91M | $38.91M | $27.96M | $23.59M | $29.57M | $35.37M | $37.07M | $19.13M | $8.53M | $8.60M | $8.40M | $2.99M | $2.90M | $12.13M | $10.69M | $906.00K | $819.84K | $-3.03M | $10.01M | $3.12M | $8.37M | $-830.30K |
| High Forecast | $13.66M | $19.75M | $22.43M | $4.77M | $16.43M | $26.95M | $23.26M | $4.33M | $22.06M | $46.69M | $27.97M | $23.65M | $35.48M | $42.44M | $44.48M | $19.17M | $10.24M | $10.32M | $8.42M | $3.58M | $2.91M | $12.15M | $10.71M | $1.09M | $821.43K | $-2.43M | $12.01M | $3.74M | $10.04M | $-664.24K |
| Low Forecast | $13.47M | $19.48M | $22.12M | $3.18M | $16.20M | $26.58M | $22.94M | $2.89M | $21.75M | $31.13M | $27.94M | $23.53M | $23.65M | $28.30M | $29.66M | $19.09M | $6.83M | $6.88M | $8.39M | $2.39M | $2.90M | $12.10M | $10.67M | $724.80K | $818.22K | $-3.64M | $8.01M | $2.50M | $6.69M | $-996.36K |
| Surprise % | - | - | - | - | 0.95% | - | - | - | - | - | - | - | - | - | - | 2.26% | - | - | 1.20% | -5.42% | 1.20% | 1.13% | 1.11% | 15.31% | 1.66% | -4.27% | -0.39% | - | - | - |
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 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | Feb 18 | Nov 17 | Aug 17 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 8 | 8 | 14 | 8 | 14 | 7 | 9 | 15 | 17 | 20 | 15 | 15 | 10 |
| SG&A | - | - | - | - | $79.74M | - | - | - | - | - | - | - | - | - | - | $72.56M | - | - | $68.21M | $54.73M | $65.12M | $66.58M | $66.42M | $59.53M | $65.17M | $60.01M | $70.05M | - | - | - |
| Avg Forecast | $73.09M | $82.98M | $85.18M | $74.30M | $72.04M | $82.50M | $73.90M | $67.54M | $78.91M | $66.91M | $88.91M | $81.78M | $51.53M | $60.83M | $62.20M | $70.51M | $39.30M | $58.31M | $79.79M | $55.82M | $61.16M | $70.21M | $69.38M | $43.45M | $59.84M | $54.48M | $63.41M | $49.44M | $60.13M | $60.82M |
| High Forecast | $73.49M | $83.42M | $85.64M | $89.16M | $72.43M | $82.95M | $74.30M | $81.05M | $79.34M | $80.30M | $88.95M | $81.93M | $61.84M | $73.00M | $74.64M | $70.62M | $47.16M | $69.97M | $79.91M | $66.98M | $61.25M | $70.32M | $69.48M | $52.14M | $59.93M | $65.38M | $76.10M | $59.33M | $72.16M | $72.98M |
| Low Forecast | $72.69M | $82.53M | $84.72M | $59.44M | $71.65M | $82.06M | $73.50M | $54.03M | $78.49M | $53.53M | $88.87M | $81.62M | $41.23M | $48.66M | $49.76M | $70.40M | $31.44M | $46.64M | $79.67M | $44.66M | $61.07M | $70.10M | $69.27M | $34.76M | $59.75M | $43.59M | $50.73M | $39.55M | $48.11M | $48.66M |
| Surprise % | - | - | - | - | 1.11% | - | - | - | - | - | - | - | - | - | - | 1.03% | - | - | 0.85% | 0.98% | 1.06% | 0.95% | 0.96% | 1.37% | 1.09% | 1.10% | 1.10% | - | - | - |
Shoe Carnival's average Quarter SG&A projection for May 24 is $74.30M, based on 0 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 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | May 18 | Feb 18 | Nov 17 | Aug 17 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 8 | 8 | 14 | 8 | 14 | 7 | 9 | 15 | 17 | 20 | 15 | 15 | 10 |
| EPS | - | - | - | - | $0.57 | - | - | - | - | - | - | - | - | - | - | $1.53 | - | - | $0.36 | $-0.58 | $0.12 | $0.48 | $0.40 | $0.47 | $0.05 | $0.42 | $-0.12 | - | - | - |
| Avg Forecast | $0.49 | $0.71 | $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 | $0.58 | $0.16 | $0.50 | $0.04 |
| High Forecast | $0.50 | $0.72 | $0.82 | $0.60 | $0.60 | $0.98 | $0.85 | $0.69 | $0.80 | $1.14 | $1.02 | $0.87 | $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 | $0.08 | $0.70 | $0.19 | $0.60 | $0.04 |
| Low Forecast | $0.49 | $0.71 | $0.80 | $0.59 | $0.59 | $0.97 | $0.83 | $0.69 | $0.79 | $1.13 | $1.02 | $0.86 | $0.44 | $1.15 | $0.81 | $0.70 | $0.25 | $0.35 | $0.31 | $-0.48 | $0.11 | $0.44 | $0.39 | $0.42 | $0.03 | $0.06 | $0.46 | $0.13 | $0.40 | $0.03 |
| Surprise % | - | - | - | - | 0.96% | - | - | - | - | - | - | - | - | - | - | 2.19% | - | - | 1.17% | 1.20% | 1.13% | 1.08% | 1.02% | 1.12% | 1.67% | 6.00% | -0.21% | - | - | - |
According to 0 Wall Street analysts, Shoe Carnival's projected average Quarter EPS for May 24 is $0.60, with a low estimate of $0.59 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TLYS | Tilly's | $5.11 | $9.50 | 85.91% | Hold |
| JILL | J.Jill | $25.57 | $39.50 | 54.48% | Buy |
| GES | Guess' | $19.48 | $29.25 | 50.15% | Buy |
| PLCE | Children's Place | $17.40 | $19.00 | 9.20% | Hold |
| SCVL | Shoe Carnival | $43.90 | $46.00 | 4.78% | Buy |
| BURL | Burlington Stores | $270.29 | $261.14 | -3.39% | Buy |
| CTRN | Citi Trends | $17.67 | $17.00 | -3.79% | Buy |
| ZUMZ | Zumiez | $23.22 | $19.50 | -16.02% | Hold |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
| BKE | Buckle | $44.52 | $32.00 | -28.12% | Sell |
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 4.78% from its last price of $43.9. 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 4.78% (from the last price of $43.9 to the average price target of $46), up by 13.90% based on the highest stock price target, and down by -4.33% based on the lowest stock price target.
Can Shoe Carnival stock reach $70?
SCVL's average twelve months analyst stock price target of $46 does not support the claim that Shoe Carnival can reach $70 in the near future.
What is Shoe Carnival's current price target trend?
1 Wall Street analyst forecast a $50 price target for Shoe Carnival (SCVL) this month, up 13.90% from its last price of $43.9. Compared to the last 3 and 12 months, the average price target increased by 13.90% and decreased by -0.91%, respectively.
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 $1.24B, low $1.23B), average EBITDA is $108.05M (high $110.68M, low $105.42M), average net income is $59.43M (high $60.62M, low $58.25M), average SG&A $315.55M (high $331.71M, low $299.38M), and average EPS is $2.61 (high $2.63, low $2.59).
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 $101.92M by 20.00%. 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 $295.99M by 10.78%. 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 $29.12M by -5.33%. 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 $72.04M by 10.69%. Lastly, the company's EPS was $0.57, missing the average prediction of $0.593 by -3.93%