In the past week, CAL stock has gone up by 0.77%, with a monthly decline of -7.27% and a quarterly plunge of -14.32%. The volatility ratio for the week is 2.46%, and the volatility levels for the last 30 days are 3.18% for Caleres Inc. The simple moving average for the past 20 days is -3.14% for CAL’s stock, with a 4.68% simple moving average for the past 200 days.
Is It Worth Investing in Caleres Inc (NYSE: CAL) Right Now?
The price-to-earnings ratio for Caleres Inc (NYSE: CAL) is above average at 7.20x. The 36-month beta value for CAL is also noteworthy at 1.92. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CAL is 33.75M, and at present, short sellers hold a 12.59% of that float. The average trading volume of CAL on June 19, 2024 was 476.00K shares.
CAL) stock’s latest price update
Caleres Inc (NYSE: CAL)’s stock price has gone decline by -0.12 in comparison to its previous close of 33.96, however, the company has experienced a 0.77% increase in its stock price over the last five trading days. zacks.com reported 2024-06-06 that The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like LAKE, CAL, INGR, PUMP and BBSI hold promise.
Analysts’ Opinion of CAL
Piper Sandler, on the other hand, stated in their research note that they expect to see CAL reach a price target of $25, previously predicting the price at $35. The rating they have provided for CAL stocks is “Neutral” according to the report published on May 25th, 2023.
Piper Sandler gave a rating of “Overweight” to CAL, setting the target price at $35 in the report published on February 21st of the previous year.
CAL Trading at -6.03% from the 50-Day Moving Average
After a stumble in the market that brought CAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.12% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -6.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.40% lower at present.
During the last 5 trading sessions, CAL rose by +0.77%, which changed the moving average for the period of 200-days by +18.31% in comparison to the 20-day moving average, which settled at $34.89. In addition, Caleres Inc saw 10.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CAL starting from SULLIVAN DIANE M, who sale 19,764 shares at the price of $33.66 back on Jun 17 ’24. After this action, SULLIVAN DIANE M now owns 173,816 shares of Caleres Inc, valued at $665,276 using the latest closing price.
SULLIVAN DIANE M, the Executive Chair of Caleres Inc, sale 11,994 shares at $36.43 during a trade that took place back on May 21 ’24, which means that SULLIVAN DIANE M is holding 220,903 shares at $436,993 based on the most recent closing price.
Stock Fundamentals for CAL
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.45 for the gross margin
The net margin for Caleres Inc stands at 0.06. The total capital return value is set at 0.17. Equity return is now at value 31.55, with 8.72 for asset returns.
Based on Caleres Inc (CAL), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.39. The interest coverage ratio of the stock is 197.08.
Currently, EBITDA for the company is 254.59 million with net debt to EBITDA at 3.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The receivables turnover for the company is 16.24for trailing twelve months and the total asset turnover is 1.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In summary, Caleres Inc (CAL) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
