Pivotal Research analyst Mitch Kummetz reiterated a Buy rating on Shoe Carnival (NASDAQ:SCVL) on Wednesday, setting a price target of $52, which is approximately 28.94% above the present share price of $40.33.
Kummetz expects Shoe Carnival (NYSE:CUK) to post earnings per share (EPS) of $1.53 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Shoe Carnival, with an average price target of $47.
The analysts price targets range from a high of $52 to a low of $42.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $328.46 million and a net profit of $57.6 million. The company's market cap is $1.14 billion.
According to TipRanks.com, Pivotal Research analyst Mitch Kummetz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.0% and a 68.06% success rate.
Shoe Carnival, Inc. engages in the retail of footwear products. It offers casual and athletic footwear for men, women, and children under the Skechers, Clarks, Adidas (OTC:ADDYY), Crocs (NASDAQ:CROX), New Balance, Converse, Roxy, Nike (NYSE:NKE), Vans, Madden Girl, Sperry, Rampage, Keds, PUMA, Timberland, Koolaburra, Jellypop, and ASICS brands. The company was founded in 1978 and is headquartered in Evansville, IN.