Shoe Carnival (SCVL) Looks Strong: Stock Surges 19.1% – Tale of the Tape

Zacks
Shoe Carnival Inc. (SCVL) was a big mover last session, as the company saw its shares surge over 19% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is now up 26.9% in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Shoe Carnival has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better ranked stocks in the retail industry include Bebe Stores, Inc. (BEBE), L Brands, Inc. (LB) and American Eagle Outfitters, Inc. (AEO), holding a Zacks Rank #2 (Buy).

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