At the time of writing, Caleres Inc [CAL] stock is trading at $33.51, up 1.67%. 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 10.85% over the last week, with a monthly amount drifted -19.33%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Caleres Inc [NYSE: CAL] stock has seen the most recent analyst activity on September 03, 2024, when Loop Capital downgraded its rating to a Hold but kept the price target unchanged to $45 for it. On May 25, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $25 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $35 on February 21, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $28 as its price target on October 25, 2022. Seaport Research Partners started tracking with a Buy rating for this stock on June 24, 2022, and assigned it a price target of $35. In a note dated June 01, 2021, CL King upgraded an Buy rating on this stock but restated the target price of $29.
For the past year, the stock price of Caleres Inc fluctuated between $24.71 and $44.51. Currently, Wall Street analysts expect the stock to reach $31.67 within the next 12 months. Caleres Inc [NYSE: CAL] shares were valued at $33.51 at the most recent close of the market. An investor can expect a potential drop of -5.49% based on the average CAL price forecast.
Analyzing the CAL fundamentals
According to Caleres Inc [NYSE:CAL], the company’s sales were 2.80B for trailing twelve months, which represents an -1.76% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.07%, 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 0.08, Equity is 0.29 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.27.
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 33.24 points at the first support level, and at 32.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.03, and for the 2nd resistance point, it is at 34.55.
Ratios To Look Out For
It is important to note that Caleres Inc [NYSE:CAL] has a current ratio of 1.09. As well, the Quick Ratio is 0.32, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 7.26.
Transactions by insiders
Recent insider trading involved Hendra Carla C, Director, that happened on Sep 17 ’24 when 68093.0 shares were purchased. Executive Chair, SULLIVAN DIANE M completed a deal on Jul 22 ’24 to sell 17068.0 shares. Meanwhile, Director Hendra Carla C sold 5349.0 shares on Jul 15 ’24.
