After finishing at $39.59 in the prior trading day, Caleres Inc (NYSE: CAL) closed at $40.05, up 1.16%. In other words, the price has increased by $+0.46 from its previous closing price. On the day, 524126 shares were traded.
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 66.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.45. 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:
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 Mar 04 ’24 when Schmidt John W sold 25,332 shares for $38.71 per share. The transaction valued at 980,498 led to the insider holds 335,663 shares of the business.
Schmidt John W sold 12,668 shares of CAL for $421,724 on Feb 08 ’24. The President & CEO, Caleres now owns 360,995 shares after completing the transaction at $33.29 per share. On Jan 11 ’24, another insider, Schmidt John W, who serves as the President & CEO, Caleres of the company, sold 12,668 shares for $30.16 each. As a result, the insider received 382,120 and left with 373,663 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 1.42B and an Enterprise Value of 2.17B. As of this moment, Caleres’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.35, and their Forward P/E ratio for the next fiscal year is 7.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 0.77 whereas that against EBITDA is 8.75.
Stock Price History:
The Beta on a monthly basis for CAL is 2.01, which has changed by 90.90% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, CAL has reached a high of $39.62, while it has fallen to a 52-week low of $16.85. The 50-Day Moving Average of the stock is 34.75, while the 200-Day Moving Average is calculated to be 28.94.
Shares Statistics:
The stock has traded on average 367.02K shares per day over the past 3-months and 540.21k shares per day over the last 10 days, according to various share statistics. A total of 35.72M shares are outstanding, with a floating share count of 33.94M. Insiders hold about 4.39% of the company’s shares, while institutions hold 93.39% stake in the company. Shares short for CAL as of Feb 29, 2024 were 4.22M with a Short Ratio of 11.51, compared to 4.16M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.90% and a Short% of Float of 15.34%.
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 0.71%, it implies a Forward Annual Dividend Yield of 0.70%. The stock’s 5-year Average Dividend Yield is 1.61. 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
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $1.07 for the current quarter, with a high estimate of $1.17 and a low estimate of $1.01, while EPS last year was $0.97. The consensus estimate for the next quarter is $1.19, with high estimates of $1.31 and low estimates of $1.12.
Analysts are recommending an EPS of between $4.95 and $4.1 for the fiscal current year, implying an average EPS of $4.62. EPS for the following year is $5.13, with 5 analysts recommending between $5.35 and $4.78.
Revenue Estimates
A total of 5 analysts have provided revenue estimates for CAL’s current fiscal year. The highest revenue estimate was $2.97B, while the lowest revenue estimate was $2.83B, resulting in an average revenue estimate of $2.9B. In the same quarter a year ago, actual revenue was $2.82B, up 2.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $3B in the next fiscal year. The high estimate is $3.04B and the low estimate is $2.95B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.
