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As of close of business last night, Caleres Inc’s stock clocked out at $33.59, up 4.16% from its previous closing price of $32.25. In other words, the price has increased by $4.16 from its previous closing price. On the day, 0.66 million shares were traded. CAL stock price reached its highest trading level at $33.98 during the session, while it also had its lowest trading level at $33.04.
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 38.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.86. 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:
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 Jun 18 ’24 when SULLIVAN DIANE M sold 6,299 shares for $33.78 per share. The transaction valued at 212,765 led to the insider holds 167,517 shares of the business.
SULLIVAN DIANE M sold 19,764 shares of CAL for $665,276 on Jun 17 ’24. The Executive Chair now owns 173,816 shares after completing the transaction at $33.66 per share. On May 21 ’24, another insider, SULLIVAN DIANE M, who serves as the Executive Chair of the company, sold 11,994 shares for $36.43 each. As a result, the insider received 436,993 and left with 220,903 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 1180006656 and an Enterprise Value of 1950058368. As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.13, and their Forward P/E ratio for the next fiscal year is 6.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 0.693 whereas that against EBITDA is 7.835.
Stock Price History:
The Beta on a monthly basis for CAL is 1.91, which has changed by 0.31416273 over the last 52 weeks, in comparison to a change of 0.23951602 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 -4.66%, while the 200-Day Moving Average is calculated to be 2.35%.
Shares Statistics:
It appears that CAL traded 548.87K shares on average per day over the past three months and 535510 shares per day over the past ten days. A total of 35.49M shares are outstanding, with a floating share count of 33.78M. Insiders hold about 3.84% of the company’s shares, while institutions hold 96.06% stake in the company. Shares short for CAL as of 1718323200 were 3980652 with a Short Ratio of 6.50, compared to 1715731200 on 4671583. Therefore, it implies a Short% of Shares Outstanding of 3980652 and a Short% of Float of 16.84.
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 0.008682171The stock’s 5-year Average Dividend Yield is 1.57. 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.
