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After finishing at $32.86 in the prior trading day, Caleres Inc (NYSE: CAL) closed at $32.82, down -0.12%. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.53 million shares were traded. CAL stock price reached its highest trading level at $33.075 during the session, while it also had its lowest trading level at $32.2.
Ratios:
Our goal is to gain a better understanding of CAL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 0.85.
On May 25, 2023, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $35 to $25.
Piper Sandler Upgraded its Neutral to Overweight on February 21, 2023, whereas the target price for the stock was revised from $26 to $35.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when SULLIVAN DIANE M sold 11,994 shares for $36.43 per share. The transaction valued at 436,993 led to the insider holds 220,903 shares of the business.
SULLIVAN DIANE M sold 21,771 shares of CAL for $795,563 on May 20 ’24. The Executive Chair now owns 232,897 shares after completing the transaction at $36.54 per share. On May 06 ’24, another insider, Schmidt John W, who serves as the President & CEO, Caleres of the company, sold 25,332 shares for $37.63 each. As a result, the insider received 953,168 and left with 348,771 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAL now has a Market Capitalization of 1154453376 and an Enterprise Value of 1879137280. As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.97, and their Forward P/E ratio for the next fiscal year is 6.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 0.668 whereas that against EBITDA is 7.532.
Stock Price History:
Over the past 52 weeks, CAL has reached a high of $41.94, while it has fallen to a 52-week low of $22.39. The 50-Day Moving Average of the stock is -10.48%, while the 200-Day Moving Average is calculated to be 2.18%.
Shares Statistics:
The stock has traded on average 475.76K shares per day over the past 3-months and 659330 shares per day over the last 10 days, according to various share statistics. A total of 35.49M shares are outstanding, with a floating share count of 33.77M. Insiders hold about 3.92% of the company’s shares, while institutions hold 96.24% stake in the company. Shares short for CAL as of 1715731200 were 4671583 with a Short Ratio of 9.82, compared to 1713139200 on 4520823. Therefore, it implies a Short% of Shares Outstanding of 4671583 and a Short% of Float of 19.73.
Dividends & Splits
In the trailing 12 months, CAL’s forward annual dividend rate was 0.28, compared to 0.28 this year. Against a Trailing Annual Dividend Yield of 0.008520998The stock’s 5-year Average Dividend Yield is 1.58.
