Previous close | 106.44 |
Open | 108.67 |
Bid | 108.01 x 800 |
Ask | 108.50 x 800 |
Day's range | 105.08 - 109.69 |
52-week range | 105.00 - 179.10 |
Volume | |
Avg. volume | 7,681,349 |
Market cap | 169.967B |
Beta (5Y monthly) | 0.96 |
PE ratio (TTM) | 28.50 |
EPS (TTM) | 3.79 |
Earnings date | 22 Jun 2022 - 27 Jun 2022 |
Forward dividend & yield | 1.22 (1.15%) |
Ex-dividend date | 03 Jun 2022 |
1y target est | 163.52 |
The shoe retailer bucked the retail trend and rose despite a year-over-year earnings decline. Here's why.
This year has been a trying time for growth investors, as a wide swath of growth stocks has taken a sharp tumble. The Nasdaq Composite Index is down nearly 28% year to date, plunging the bellwether technology stock index into its second bear market since 2020. While the Federal Reserve's recent interest rate hike of 0.5% -- the sharpest increase in the last 22 years -- was the immediate trigger, the four-decade high inflation and the monthslong global supply-chain issues have been the real culprits behind the slowing economy.