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Relatively High Return on Equity Detected in Shares of Steven Madden in the Footwear Industry (SHOO, NKE, SKX, DECK, CROX)

By Shiri Gupta

Below are the three companies in the Footwear industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Steven Madden ranks highest with a ROE of 1,643.7%. Following is Nike Inc -Cl B with a ROE of 1,603.3%. Skechers Usa-A ranks third highest with a ROE of 1,110.5%.

Deckers Outdoor follows with a ROE of 779.4%, and Crocs Inc rounds out the top five with a ROE of -259.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Deckers Outdoor on September 24th, 2018 by issuing a Downtrend alert when the shares were trading at $111.30. Since that call, shares of Deckers Outdoor have fallen 7.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity steven madden nike inc -cl b skechers usa-a deckers outdoor crocs inc