NEW YORK (

TheStreet

) --

Steven Madden

(Nasdaq:

SHOO

) hit a new 52-week high Tuesday as it is currently trading at $41.50, above its previous 52-week high of $41.42 with 63,652 shares traded as of 10:15 a.m. ET. Average volume has been 380,900 shares over the past 30 days.

Steven Madden has a market cap of $1.69 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 18% year to date as of the close of trading on Monday.

Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward footwear for women, men, and children. The company has a P/E ratio of 19.2, above the average consumer non-durables industry P/E ratio of 18.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Steven Madden as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Steven Madden Ratings Report

.

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