Is Caleres Inc (CAL) positioned for future growth?

With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.69 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $20.63 whereas the lowest price it dropped to was $19.91. The 52-week range on CAL shows that it touched its highest point at $44.51 and its lowest point at $19.90 during that stretch. It currently has a 1-year price target of $26.00. With its current market cap of 685.02 million, CAL has annualized dividend of $0.28 while the current yield stands at 1.37%. CAL paid its most recent dividend on 1735257600, while the ex-dividend date for that was 1726185600. Beta for the stock currently stands at 1.97.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CAL was down-trending over the past week, with a drop of -6.69%, but this was down by -21.86% over a month. Three-month performance dropped to -37.71% while six-month performance fell -37.63%. The stock lost -32.50% in the past year, while it has lost -12.05% so far this year. A look at the trailing 12-month EPS for CAL yields 4.49 with Next year EPS estimates of 3.76. For the next quarter, that number is 0.40. This implies an EPS growth rate of -19.41% for this year and 11.66% for next year.

Float and Shares Shorts:

At present, 33.63 million CAL shares are outstanding with a float of 32.36 million shares on hand for trading. On 2024-11-15, short shares totaled 2.15 million, which was 611.00002 higher than short shares on 1728950400. In addition to Ms. Diane M. Sullivan as the firm’s Executive Chairman, Mr. John W. Schmidt serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.94795996 of CAL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, CAL reported revenue of $740941000.0 and operating income of $58291000.0. The EBITDA in the recently reported quarter was $72689000.0 and diluted EPS was $1.19.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CAL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CAL analysts setting a high price target of 28.0 and a low target of 25.0, the average target price over the next 12 months is 26.0. Based on these targets, CAL could surge 37.46% to reach the target high and rise by 22.73% to reach the target low. Reaching the average price target will result in a growth of 27.64% from current levels.

Analysts have provided yearly estimates in a range of $4.17938 being high and $4.14938 being low. For CAL, this leads to a yearly average estimate of $4.15938. Based on analyst estimates, the high estimate for the next quarter is $1.01 and the low estimate is $0.89. The average estimate for the next quarter is thus $0.95.