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The closing price of Caleres Inc (NYSE: CAL) was $40.85 for the day, up 9.93% from the previous closing price of $37.16. In other words, the price has increased by $9.93 from its previous closing price. On the day, 0.75 million shares were traded. CAL stock price reached its highest trading level at $41.46 during the session, while it also had its lowest trading level at $38.455.
Ratios:
Our analysis of CAL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.56. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 22 ’24 when SULLIVAN DIANE M sold 17,068 shares for $35.45 per share. The transaction valued at 605,079 led to the insider holds 150,449 shares of the business.
Hendra Carla C sold 5,349 shares of CAL for $176,894 on Jul 15 ’24. The Director now owns 0 shares after completing the transaction at $33.07 per share. On Jun 18 ’24, another insider, SULLIVAN DIANE M, who serves as the Executive Chair of the company, sold 6,299 shares for $33.78 each. As a result, the insider received 212,765 and left with 167,517 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 1435048192 and an Enterprise Value of 2075471488. As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.67, and their Forward P/E ratio for the next fiscal year is 8.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 0.738 whereas that against EBITDA is 8.339.
Stock Price History:
The Beta on a monthly basis for CAL is 1.94, which has changed by 0.38346982 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, CAL has reached a high of $41.94, while it has fallen to a 52-week low of $23.79. The 50-Day Moving Average of the stock is 18.30%, while the 200-Day Moving Average is calculated to be 20.57%.
Shares Statistics:
CAL traded an average of 608.74K shares per day over the past three months and 464780 shares per day over the past ten days. A total of 35.49M shares are outstanding, with a floating share count of 33.80M. Insiders hold about 3.78% of the company’s shares, while institutions hold 94.64% stake in the company. Shares short for CAL as of 1722384000 were 4464114 with a Short Ratio of 7.33, compared to 1719532800 on 3565136. Therefore, it implies a Short% of Shares Outstanding of 4464114 and a Short% of Float of 18.89.
Dividends & Splits
With its trailing 12-month dividend rate of 0.28, CAL has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 0.007534984The stock’s 5-year Average Dividend Yield is 1.56. The current Payout Ratio is 5.84% for CAL, which recently paid a dividend on 2024-06-05 with an ex-dividend date of 1717545600. Stock splits for the company last occurred on 2007-04-03 when the company split stock in a 3:2 ratio.
