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Shoe Carnival, Inc. (NASDAQ:SCVL) has been downgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded Shoe Carnival, Inc. (NASDAQ:SCVL) to Hold in a report released on Saturday October 08, 2016.

Previously on Thursday September 22, 2016, Zacks Investment Research reported on Shoe Carnival, Inc. (NASDAQ:SCVL) bumped up the target price from $0.00 to $30.00 that suggested an upside of 0.12%.

Yesterday Shoe Carnival, Inc. (NASDAQ:SCVL) traded 0.30% higher at $26.77. SCVL’s 50-day average is $27.43 and its two hundred day average is $25.96. With the last stock price up 3.13% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 99,285 shares of Shoe Carnival, Inc. exchanged hands, down from an avg. volume of 155,368

Recent Performance Chart

Shoe Carnival, Inc. (NASDAQ:SCVL)

With a total market value of $0, Shoe Carnival, Inc. has P/E ratio of 18.24 with a 52 week low of $17.36 and a 52 week high of $30.13 .

A total of 3 brokerages have released a report on Shoe Carnival, Inc.. 0 equity analysts rating the stock a strong buy, 0 analysts rating the company a buy, zero equity analysts rating the company a hold, 0 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell with a average stock price target of $28.00.

Brief Synopsis About Shoe Carnival, Inc. (NASDAQ:SCVL)

Shoe Carnival, Inc. is a family footwear retailer. The Company's primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. The Company's products assortment includes dress and casual shoes, sandals, boots and an assortment of athletic footwear for men, women and children. Its stores also carry accessories, such as socks, belts, shoe care items, handbags, jewelry, scarves and wallets. It classifies athletic shoes by functionality, such as running, basketball or fitness shoes. Its average store carries approximately 27,100 pairs of shoes in over four general categories: women's, men's, children's and athletics. The Company operates approximately 400 stores in over 30 states and Puerto Rico, and offers online shopping at www.shoecarnival.com. Its e-commerce site offers customers an opportunity to choose from a selection of products in all of the same categories of footwear.

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