At the time of writing, Caleres Inc [CAL] stock is trading at $41.09, up 4.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAL shares have gain 2.60% over the last week, with a monthly amount glided 8.65%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 20, March 2024, Naturalizer Debuts Gen N Project Series with Deepica Mutyala, Live Tinted Founder. In a post published today on Yahoo Finance, Platform Celebrating Women Innovating for Women Launches with Inaugural Collaboration.
From an analyst’s perspective:
Previously, Piper Sandler downgraded its rating to Neutral on May 25, 2023, and dropped its price target to $25. On February 21, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $35 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $28 on October 25, 2022. Seaport Research Partners initiated its recommendation with a Buy and recommended $35 as its price target on June 24, 2022. CL King upgraded its rating to Buy for this stock on June 01, 2021, but kept the price target unchanged to $29. In a note dated July 10, 2020, Susquehanna upgraded an Positive rating on this stock.
For the past year, the stock price of Caleres Inc fluctuated between $16.85 and $41.94. Currently, Wall Street analysts expect the stock to reach $36.67 within the next 12 months. Caleres Inc [NYSE: CAL] shares were valued at $41.09 at the most recent close of the market. An investor can expect a potential drop of -10.76% based on the average CAL price forecast.
Analyzing the CAL fundamentals
According to Caleres Inc [NYSE:CAL], the company’s sales were 2.82B for trailing twelve months, which represents an 0.10% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.34 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.89 points at the first support level, and at 38.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.05, and for the 2nd resistance point, it is at 43.01.
Caleres Inc [CAL] reported earnings per share of $0.86 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.85/share, meaning a difference of $0.01 and a surprise factor of 1.20%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were $1.37 per share as compared to estimates of $1.29 per share, a difference of $0.08 representing a surprise of 6.20%.
Ratios To Look Out For
It is important to note that Caleres Inc [NYSE:CAL] has a current ratio of 1.06. As well, the Quick Ratio is 0.33, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 2.84 and price to earnings (TTM) ratio is 8.56.
Transactions by insiders
Recent insider trading involved Schmidt John W, President & CEO, Caleres, that happened on Mar 04 ’24 when 25332.0 shares were sold. President & CEO, Caleres, Schmidt John W completed a deal on Feb 08 ’24 to sell 12668.0 shares. Meanwhile, President & CEO, Caleres Schmidt John W sold 12668.0 shares on Jan 11 ’24.
