Steven Madden (SHOO) Stock Rating Reiterated at Canaccord Genuity; The $52.0000 Target Indicates 11.47% Potential; Shorts at Anthem (ANTM) Raised By 10.5%

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The broker have set target price per share of $52.0000 on Steven Madden (NASDAQ:SHOO) shares. This is 11.47% from the close price. In a report sent to clients and investors on Monday morning, Canaccord Genuity reconfirmed their Buy rating on shares of SHOO.

Anthem Inc (NYSE:ANTM) had an increase of 10.5% in short interest. ANTM’s SI was 6.27 million shares in April as released by FINRA. Its up 10.5% from 5.68M shares previously. With 1.47 million avg volume, 4 days are for Anthem Inc (NYSE:ANTM)’s short sellers to cover ANTM’s short positions. The SI to Anthem Inc’s float is 2.45%. The stock increased 1.46% or $3.25 during the last trading session, reaching $225.27. About 1.20 million shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since April 17, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide. The company has market cap of $2.73 billion. The Company’s Wholesale Footwear segment provides footwear under Steve Madden Women's, Madden Girl, Steve Madden Men's, Madden, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Report, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, FREEBIRD by Steven, Stevies, B Brian Atwood, Blondo, and Madden NYC brands, as well as under the third party brands. It has a 22.87 P/E ratio. The companyÂ’s Wholesale Accessories segment offers Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Madden NYC, Big Buddha, B Brian Atwood, and Luv Betsey branded; and private label fashion handbags and accessories to department stores, mass merchants, value priced retailers, online retailers, and specialty stores; and markets and sells cold weather accessories, fashion scarves, wraps, and other trend accessories under the Cejon, Steve Madden, Betsey Johnson, and Big Buddha brand names, as well as private labels to department stores and specialty stores.

The stock increased 0.76% or $0.35 during the last trading session, reaching $46.65. About 320,669 shares traded. Steven Madden, Ltd. (NASDAQ:SHOO) has risen 13.16% since April 17, 2017 and is uptrending. It has outperformed by 1.61% the S&P500.

Among 15 analysts covering Steven Madden (NASDAQ:SHOO), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Steven Madden has $60.0 highest and $32 lowest target. $47.03’s average target is 0.81% above currents $46.65 stock price. Steven Madden had 51 analyst reports since August 12, 2015 according to SRatingsIntel. Jefferies initiated the shares of SHOO in report on Thursday, February 18 with “Buy” rating. Zacks downgraded the shares of SHOO in report on Wednesday, August 12 to “Buy” rating. The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Buy” rating by B. Riley & Co on Tuesday, September 22. The rating was maintained by Jefferies on Thursday, September 14 with “Hold”. The firm has “Buy” rating given on Wednesday, May 31 by Piper Jaffray. The rating was maintained by Buckingham Research with “Neutral” on Wednesday, August 2. Canaccord Genuity maintained it with “Buy” rating and $47.0 target in Thursday, November 30 report. The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Outperform” rating by Telsey Advisory Group on Tuesday, January 12. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, October 31. The rating was maintained by FBR Capital with “Buy” on Wednesday, February 28.

Analysts await Steven Madden, Ltd. (NASDAQ:SHOO) to report earnings on April, 20 before the open. They expect $0.50 earnings per share, up 6.38% or $0.03 from last year’s $0.47 per share. SHOO’s profit will be $29.24M for 23.33 P/E if the $0.50 EPS becomes a reality. After $0.48 actual earnings per share reported by Steven Madden, Ltd. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.

Since December 18, 2017, it had 0 buys, and 2 insider sales for $1.80 million activity. SINHA AWADHESH K sold $292,663 worth of stock or 6,500 shares. $1.51M worth of Steven Madden, Ltd. (NASDAQ:SHOO) was sold by Rosenfeld Edward R. on Thursday, March 15.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.30, from 1.35 in 2017Q3. It is negative, as 27 investors sold Steven Madden, Ltd. shares while 65 reduced holdings. 30 funds opened positions while 67 raised stakes. 53.17 million shares or 0.32% less from 53.34 million shares in 2017Q3 were reported. Legal General Group Public Ltd Com reported 0% of its portfolio in Steven Madden, Ltd. (NASDAQ:SHOO). State Of Alaska Department Of Revenue invested in 0.01% or 10,607 shares. Kennedy Capital Mgmt Incorporated has invested 0.09% in Steven Madden, Ltd. (NASDAQ:SHOO). Invesco reported 1.25 million shares. Assetmark holds 0% or 17 shares in its portfolio. Nicholas Inv Ptnrs Ltd Partnership accumulated 134,262 shares. The Ontario – Canada-based Manufacturers Life Insurance Company The has invested 0% in Steven Madden, Ltd. (NASDAQ:SHOO). Macquarie Gru holds 0.22% or 2.71M shares in its portfolio. Blair William And Il holds 24,699 shares. Alps Advsrs has invested 0% of its portfolio in Steven Madden, Ltd. (NASDAQ:SHOO). Piermont Cap Management Inc accumulated 9,803 shares. Everence Cap Management Inc stated it has 0.05% in Steven Madden, Ltd. (NASDAQ:SHOO). Apg Asset Mgmt Nv invested in 0.01% or 176,000 shares. Riverhead Capital Management Limited Co holds 0.01% of its portfolio in Steven Madden, Ltd. (NASDAQ:SHOO) for 3,083 shares. Aperio Grp Inc Lc owns 0.01% invested in Steven Madden, Ltd. (NASDAQ:SHOO) for 21,564 shares.

Anthem, Inc., through its subsidiaries, operates as a health benefits firm in the United States. The company has market cap of $57.64 billion. It operates through three divisions: Commercial and Specialty Business, Government Business, and Other. It has a 15.7 P/E ratio. The firm offers a spectrum of network managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets.

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