With 0.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. The 52-week range on CAL shows that it touched its highest point at $44.51 and its lowest point at $16.09 during that stretch. It currently has a 1-year price target of $23.33. With its current market cap of 549.16 million, CAL has annualized dividend of $0.28 while the current yield stands at 1.71%. Beta for the stock currently stands at 1.83.
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 -5.77%, but this was down by -18.92% over a month. Three-month performance dropped to -45.13% while six-month performance fell -61.59%. The stock lost -55.04% in the past year, while it has lost -29.49% so far this year. A look at the trailing 12-month EPS for CAL yields 4.49 with Next year EPS estimates of 3.47. For the next quarter, that number is 0.27. This implies an EPS growth rate of -22.64% for this year and 7.20% for next year.
Float and Shares Shorts:
At present, 33.63 million CAL shares are outstanding with a float of 32.31 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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 $0.72. The average estimate for the next quarter is thus $0.87.
