The top three earnings growth in the shoe industry

The list of the top three companies with the longest future earnings growth in the shoe industry has been exposed. According to reports, the growth in earnings per share (compared to the actual amount this year) is an important tool for measuring future profitability and relative value. In general, higher earnings per share means higher profit figures.

Lacrosse Footwear topped the list and its projected revenue growth was 39.4%. In the past year, Lacrosse Footwear had a minimum stock price of $11.55 and a maximum of $19.00. The current share price is $12.05, which is above the minimum of 4%. Last week, the 200-day moving average and the 50-day moving average dropped by 0.3% and 0.04% respectively.

Ranked second is Steven Madden, whose forward earnings increased by 18.8%. Based on the current share price of 35.61 US dollars and analysts' average target price of 45.67 US dollars, Steven Madden still has a 28.2% upside. Steven Madden's 200-day moving average will be resistance above 34.24, and the 50-day moving average will be higher than 34.02.

Finally, Crocs is temporarily in the third place, and its long-term revenue growth is 18.1%. As of today, 499,000 shares have been traded today, with an average daily volume of 4.1 million shares. The Dow Jones Industrial Average rose 3.7% from 2.8%, while the S&P 500 Index rose from 2.8% to 3.6%.