Investing Insight
Long/short equity, growth at reasonable price, contrarian, growth

Steven Madden Is Offering Decent Upside With Limited Down Side

Steven Madden (NASDAQ:SHOO) is a small cap fashion and footwear wholesale company that has transformed its business over the last decade. The company has been able to grow its net sales at a CAGR of 28 percent over the last five years. Through various acquisitions and licensing agreements SHOO has been able to diversify its business in terms of region, product, and brands.

(click to enlarge)

Source: SHOO Financial Reports

Despite outperforming its peers over the last few years the company is still low-cost due to trailing twelve months and forward multiples. I believe that the future prospects of the company have not been completely priced thus making it a good investment opportunity. Poised to outperform the industry...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details