The price of Caleres Inc (NYSE: CAL) closed at $37.07 in the last session, down -2.60% from day before closing price of $38.06. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 530449 shares were traded.
Ratios:
We take a closer look at CAL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 0.81.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when Schmitt Mark A sold 18,373 shares for $41.01 per share. The transaction valued at 753,457 led to the insider holds 50,847 shares of the business.
Schmidt John W sold 25,332 shares of CAL for $980,498 on Mar 04 ’24. The President & CEO, Caleres now owns 335,663 shares after completing the transaction at $38.71 per share. On Feb 08 ’24, another insider, Schmidt John W, who serves as the President & CEO, Caleres of the company, sold 12,668 shares for $33.29 each. As a result, the insider received 421,724 and left with 360,995 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 1.30B and an Enterprise Value of 2.03B. As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.72, and their Forward P/E ratio for the next fiscal year is 7.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 0.72 whereas that against EBITDA is 7.99.
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 $16.85. The 50-Day Moving Average of the stock is 36.56, while the 200-Day Moving Average is calculated to be 29.69.
Shares Statistics:
According to the various share statistics, CAL traded on average about 401.29K shares per day over the past 3-months and 502.61k shares per day over the past 10 days. A total of 35.49M shares are outstanding, with a floating share count of 33.65M. Insiders hold about 4.26% of the company’s shares, while institutions hold 94.29% stake in the company. Shares short for CAL as of Mar 15, 2024 were 4.62M with a Short Ratio of 11.50, compared to 4.29M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.00% and a Short% of Float of 16.76%.
Dividends & Splits
The forward annual dividend rate for CAL is 0.28, which was 0.28 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.74%, it implies a Forward Annual Dividend Yield of 0.74%. The stock’s 5-year Average Dividend Yield is 1.60. The current Payout Ratio is 5.84% for CAL, which recently paid a dividend on Apr 12, 2024 with an ex-dividend date of Mar 27, 2024. Stock splits for the company last occurred on Apr 03, 2007 when the company split stock in a 3:2 ratio.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.9 for the current quarter, with a high estimate of $1.01 and a low estimate of $0.86, while EPS last year was $0.97. The consensus estimate for the next quarter is $1.21, with high estimates of $1.28 and low estimates of $1.13.
Analysts are recommending an EPS of between $5 and $4.3 for the fiscal current year, implying an average EPS of $4.53. EPS for the following year is $4.99, with 4 analysts recommending between $5.18 and $4.78.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for CAL’s current fiscal year. The highest revenue estimate was $2.94B, while the lowest revenue estimate was $2.83B, resulting in an average revenue estimate of $2.87B. In the same quarter a year ago, actual revenue was $2.82B, up 1.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $2.99B in the next fiscal year. The high estimate is $3.08B and the low estimate is $2.95B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
