How to Buy Shoe Carnival Stock
Shoe Carnival Inc
Shoe Carnival, Inc. , together with its subsidiaries, operates as a family footwear retailer in the United States.
Shoe Carnival stock last closed at $35.00, down 0.79% from the previous day, and has increased 43.09% in one year. It has overperformed other stocks in the Apparel Retail industry by 0.37 percentage points. Shoe Carnival stock is currently +81.91% from its 52-week low of $19.24, and -5.6% from its 52-week high of $37.08.
As of Apr 24, 2024, there are 27.13M SCVL shares outstanding. The market value of SCVL is $949.63M. In the last 24 hours, 154,541 SCVL shares were traded.
How to Buy Shoe Carnival Stock
Wondering how to invest in Shoe Carnival stock? Here's how.
- Choose where to buy Shoe Carnival stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Shoe Carnival stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Research Shoe Carnival stock: The Shoe Carnival ticker symbol is SCVL. Is Shoe Carnival stock a good investment? Should you buy shares of SCVL? How do SCVL's underlying business fundamentals look? Do top analysts think Shoe Carnival is a good buy? Why has SCVL's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SCVL is a good stock to buy).
- Execute your SCVL trade: Decide if you will purchase SCVL shares at the current market price or use a limit order to purchase SCVL shares at a specific price.
- Watch your SCVL investment: Create a watchlist to important updates regarding your investment in Shoe Carnival shares.
Step 1: Choose where to buy Shoe Carnival stock
You will need an online brokerage account to access the NASDAQ market and buy SCVL stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy SCVL stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Research Shoe Carnival stock
Once you have decided on the best place to buy Shoe Carnival stock, it's very important to research their stock before you invest, so you actually understand the risk and opportunity.
Shoe Carnival shares at a glance
Fundamentals of SCVL
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on SCVL's stock page.
Is SCVL stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SCVL's true value.
Using relative valuations ratios:
- SCVL could be undervalued based on its P/E ratio of 13.01x, relative to Apparel Retail industry P/E ratio of 23.89x
- SCVL may be undervalued based on its P/B ratio of 1.63x, relative to Apparel Retail industry P/B ratio of 7.12x
- SCVL may be undervalued based on its PEG ratio of 0.28x
You can access more valuation analysis on SCVL's stock here.
Is SCVL a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the SCVL balance sheet.
- SCVL's operating cash flow of $122.76M allows it to safely service it's debt of $354.34M.
- SCVL earnings of $96.42M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SCVL balance sheet.
Negative Health Checks:
- SCVL has a relatively high debt to equity ratio of 0.79.
- SCVL profit margin has gone down from 8.7% to 6.2% in the past year.
- Total SCVL debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy SCVL stock, according to analysts?
Out of 1 Wall Street analysts who track SCVL, the consensus analyst rating on SCVL is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Shoe Carnival stock forecast page.
SCVL Trading Indicators
SCVL Growth Numbers
Last year, SCVL earnings were $73.35M. During the past 5 year, SCVL's earnings have increased by 16.47% per year. This was faster than the Apparel Retail industry average of 11.76%.
Last year, SCVL revenue was $1.18B. Over the past 5 year, SCVL's revenue has grown by 2.69% per year. This was slower than the Apparel Retail industry average of 9.21%.
Find out more about SCVL's earnings and revenue performance here.
Are SCVL insiders buying or selling the stock?
In the last 12 months, insiders at SCVL have bought more shares than they have sold.
Andrea R. Guthrie, Director of SCVL, was the latest SCVL insider to sell. They sold $80,078.82 worth of SCVL stock on Apr 16, 2024.
Learn more about who owns SCVL shares here.
Can I rely on SCVL as an income stream?
Shoe Carnival pays a dividend of 1.36%, compared to the Apparel Retail industry's average dividend yield of 4.68%. If you owned $1,000 of SCVL stock, you would have been paid $13.57 last year.
Shoe Carnival dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Shoe Carnival dividend yield and history here.
What do other investors have to say about SCVL?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your SCVL trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Watch your SCVL investment
Now that you own some SCVL shares, you'll want to keep up with your investment.
Put SCVL on a watchlist to get alerted to the latest events about your SCVL stock.
SCVL Feed
How to Buy Stock in Shoe Carnival
To reiterate, here are the 6 steps for buying Shoe Carnival stock:
- Choose where to buy Shoe Carnival stock
- Sign up for your brokerage account
- Fund your investment account
- Research Shoe Carnival stock
- Execute your SCVL trade
- Watch your SCVL investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Shoe Carnival, click below.
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