Steven Madden Enters Oversold Territory

Steven Madden Ltd.’s (SHOO - Snapshot Report) share price has entered into oversold territory with a stochastic value of 18.04. The Zacks #2 Rank (“Buy”) stock has topped the consensus estimate in 3 out of last 4 quarters with an average surprise of 7.38%, or 4 cents per share. The consensus forecast on the company full-year earnings has increased by 42 cents over the past 3 months to $1.89 per share.