Market Watch: Caleres Inc (CAL)’s Noteworthy Drop, Closing at 16.02

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

As of close of business last night, Caleres Inc’s stock clocked out at $16.02, down -3.20% from its previous closing price of $16.55. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 0.66 million shares were traded.

Ratios:

To gain a deeper understanding of CAL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 0.85.

Piper Sandler Downgraded its Overweight to Neutral on May 25, 2023, whereas the target price for the stock was revised from $35 to $25.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 17 ’25 when Gendreau Kyle bought 5,000 shares for $19.93 per share. The transaction valued at 99,661 led to the insider holds 5,000 shares of the business.

Hendra Carla C bought 68,093 shares of CAL for $2,291,329 on Sep 17 ’24. On Jul 22 ’24, another insider, SULLIVAN DIANE M, who serves as the Executive Chair of the company, sold 17,068 shares for $35.45 each. As a result, the insider received 605,079 and left with 150,449 shares of the company.

Valuation Measures:

As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.57, and their Forward P/E ratio for the next fiscal year is 4.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.90.

Stock Price History:

Over the past 52 weeks, CAL has reached a high of $44.51, while it has fallen to a 52-week low of $16.06. The 50-Day Moving Average of the stock is -19.35%, while the 200-Day Moving Average is calculated to be -47.53%.

Shares Statistics:

A total of 33.63M shares are outstanding, with a floating share count of 32.31M. Insiders hold about 3.91% of the company’s shares, while institutions hold 94.29% stake in the company.

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