Caleres Inc. (NYSE:CAL) currently has a daily average trading volume of 556.92K but it saw 985141 shares traded on Thursday. With a market cap of 731.15M USD, stock’s current market price of $18.51 came falling about -8.68 while comparing to the previous closing price of $20.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.13 and as low as $19.35. In the recent trading on the day, stock has struck highest price mark of $19.56 while lowest mark touched by it was $18.22.
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Taking a look at 20-day trading activity of Caleres Inc. (CAL) gives us an average price of $22.22, while its current price level is -40.54% below from 52-week high level whereas it is -4.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.10 while that of 200 days or SMA-200 reads an average of $24.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.12% during that period while stretching the period over a month that decreases to 3.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.22 which implies that the stock is in oversold territory.
Caleres Inc. (CAL)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $25.00 and $37.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $25.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $37.00. Average price target assigned by them is $32.25 which highlights an upside potential of 42.6% for the stock over that period. And to attain the median price target of $33.50 assigned by those analysts, stock has to add about 44.75% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, CAL’s stock price is moving -20.93% down while it is -17.70% when we observe its performance for the past one month. Year-to-date it is -16.92% down and over the past year, the stock is showing a downside performance of -11.56%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2023, when its quarterly earnings per share (EPS) of $0.65 beat the consensus estimate of $0.65 for the same. The company is expected to be releasing its next quarterly report in 09/05/2023, for which analysts forecasted an EPS of $0.93 while estimate for next year EPS is $4.19. For CAL, analysts are forecasting an EPS-growth rate of -7.30% for current year and estimate for EPS growth in next year is 9.50%. In next quarter, company is expected to be making quarterly sales of $753.31 million as analysts are expecting the sales for current fiscal year at $2.99 billion and seeing the company making $3.09 billion in sales next year. Moreover, analysts are in estimates of $700.65 million for current-quarter revenue.
Currently, Caleres Inc.’s total number of outstanding shares is 36.30M with 4.68% of that held by the insiders while 97.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 24.90% and return on equity (ROE) at 44.90%. It has a price to earnings ratio (P/E ratio) of 3.73 while having a 4.03 of forward P/E ratio. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 1.50 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is 9.00% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.16% in the Caleres Inc. (CAL) decreasing its stake to 7.26% with control over 4148.0 shares in the company.
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