The stock of Caleres Inc (CAL) has gone down by -4.18% for the week, with a 12.83% rise in the past month and a 21.48% rise in the past quarter. The volatility ratio for the week is 3.23%, and the volatility levels for the past 30 days are 3.72% for CAL. The simple moving average for the past 20 days is 6.55% for CAL’s stock, with a 21.14% 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 8.95x, Company’s 36-month beta value is 1.94.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for CAL is 33.80M, and currently, short sellers hold a 13.14% ratio of that floaft. The average trading volume of CAL on September 02, 2024 was 604.30K shares.
CAL) stock’s latest price update
The stock price of Caleres Inc (NYSE: CAL) has plunged by -1.40 when compared to previous closing price of 42.73, but the company has seen a -4.18% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-08-29 that ST. LOUIS–(BUSINESS WIRE)–Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on September 27, 2024, to shareholders of record as of September 13, 2024. The company has paid a consecutive quarterly dividend for more than 100 years. About Caleres Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam.
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 15.54% 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 -5.35% of loss for the given period.
Volatility was left at 3.72%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares surge +19.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.91% upper at present.
During the last 5 trading sessions, CAL fell by -4.18%, which changed the moving average for the period of 200-days by +61.54% in comparison to the 20-day moving average, which settled at $39.88. In addition, Caleres Inc saw 37.10% 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 17,068 shares at the price of $35.45 back on Jul 22 ’24. After this action, SULLIVAN DIANE M now owns 150,449 shares of Caleres Inc, valued at $605,079 using the latest closing price.
Hendra Carla C, the Director of Caleres Inc, sale 5,349 shares at $33.07 during a trade that took place back on Jul 15 ’24, which means that Hendra Carla C is holding 0 shares at $176,894 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 0.8. 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 a nutshell, Caleres Inc (CAL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
