SHOE CARNIVAL (SCVL)

EARNINGS RELEASE WEDNESDAY- MAY 22 (AMC)

JUMP BACK

Jump Report

Avg Daily Volume: 488,407    Market Cap: 483.78M 
Sector: Services    Short Interest: None

EARNINGS EXPECTATIONS:   

ESTIMATED     EPS:  .84/share      REV:  258.9/M

___________________________________________________________
   LAST QTR:  EPS: .O8/share    ESTIMATED: .06 /share  (BEAT)
_____________________________________________________________
   NEXT QTR: EPS: .76/share    REV: 271.06/M
______________________________________________________
   FY19:  EPS:  2.66/share    REV: 1,004/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers

BEAT/MISS HISTORY: 71% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 23.75, 13.29, 20.29

POTENTIAL JUMP MOVE:   15-20%

Links To Latest News and Headlines

07 Jan, 2021 @ 15:14 by Yahoo! Finance

On December 17, 2020, Shoe Carnival (NASDAQ:SCVL) announced shareholders can expect to receive a dividend payable on January 25, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Shoe Carnival has an ex-dividend date set for for January 8, 2021. The company’s current dividend payout is $0.09, which equates to a dividend yield of 0.98% at current price levels.The Significance Of Ex-Dividend Dates An ex-dividend date signals when a company’s shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company’s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Understanding Shoe Carnival’s Dividend Performance Over the past year, Shoe Carnival has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on January 10, 2020 the company’s payout was $0.09, which has returned to its value today. Shoe Carnival’s dividend yield last year was 0.91%, which has since grown by 0.07%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more about Shoe Carnival click here.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Wednesday * Stocks That Hit 52-Week Highs On Tuesday(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

18 Dec, 2020 @ 01:09 by Yahoo! Finance

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the third quarter. You can find articles about an individual hedge fund’s trades on numerous financial […]

SHOE CARNIVAL ANNOUNCES NEW $50 MILLION SHARE REPURCHASE PROGRAM AND DECLARES QUARTERLY CASH DIVIDEND

SHOE CARNIVAL TO PARTICIPATE IN MORGAN STANLEY VIRTUAL GLOBAL CONSUMER & RETAIL CONFERENCE

18 Nov, 2020 @ 23:12 by Yahoo! Finance

Its e-commerce business, however, advanced upwards of 150%.

Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.

“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up  Looking forward to having you on-board ASAP”

 
 
ANALYSIS:

StockJumpers trajectory analysis reveals a negative reaction to the earnings release and we see the price dropping post release. This is following a similar pattern to the recent retail plays – where they are a bit softer on sales than expected. They did extremely well last quarter, and the stock popped 23% on the news. Most of that gain has been eroded over the last few weeks and expectations are higher this quarter. We will be looking at their forward guidance as the metric that will move the stock price, as next quarters guide will have a lot to do with how today’s price action unfolds. 

We are SHORT on this event

___________________
TRADE PLAN:

ENTRY:  SELL – end of day (watch for some of the move to be priced in)
STOP LOSS:  NA
TAKE PROFIT: 12%
___________________

UPDATE:  (2:55PM) Our bias remains short. Due to volume issues there may not be any movement until the AM. We are also concerned that much of the move may be priced in and would be more comfortable shorting this stock at 34/share vs. 31/share.

POST RELEASE ACTION: They missed on both the top and bottom, but raised guidance which seems like an easy way to prevent a huge sell-off.

[/mepr-sho

This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.

NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.