Caleres Inc [NYSE: CAL] traded at a high on Tuesday, posting a 0.83 gain after which it closed the day’ session at $23.13.
The results of the trading session contributed to over 298472 shares changing hands. Over the past one week, the price volatility of Caleres Inc stands at 5.96% while the volatility over the past one month is 4.82%.
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The market cap for CAL stock reached $777.84 million, with 33.63 million shares outstanding and 32.36 million shares in the current float. Compared to the average trading volume of 691.34K shares, CAL reached a trading volume of 298472 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Caleres Inc [CAL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAL shares is $31.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CAL stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Caleres Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 03, 2024. While these analysts kept the previous recommendation, KeyBanc Capital Markets raised their target price to Sector Weight. The new note on the price target was released on February 07, 2024, representing the official price target for Caleres Inc stock. Previously, the target price had yet another drop from $35 to $25, while Piper Sandler kept a Neutral rating on CAL stock. On February 21, 2023, analysts increased their price target for CAL shares from 26 to 35.
The Average True Range (ATR) for Caleres Inc is set at 1.34, with the Price to Sales ratio for CAL stock in the period of the last 12 months amounting to 0.28. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 1.00. Price to Free Cash Flow for CAL in the course of the last twelve months was 11.14 with Quick ratio for the last quarter at 0.35.
How has CAL stock performed recently?
Caleres Inc [CAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.14. With this latest performance, CAL shares dropped by -26.62% in over the last four-week period, additionally sinking by -30.16% over the last 6 months – not to mention a drop of -24.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CAL stock in for the last two-week period is set at 32.49, with the RSI for the last a single of trading hit 31.00, and the three-weeks RSI is set at 34.34 for Caleres Inc [CAL]. The present Moving Average for the last 50 days of trading for this stock 29.20, while it was recorded at 23.05 for the last single week of trading, and 34.43 for the last 200 days.
Caleres Inc [CAL]: Deeper insight into the fundamentals
Caleres Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.35 and a Current Ratio set at 1.08.
Earnings analysis for Caleres Inc [CAL]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Caleres Inc go to 15.00%.
Insider trade positions for Caleres Inc [CAL]
There are presently around $94.80%, or 97.97%% of CAL stock, in the hands of institutional investors. The top three institutional holders of CAL stocks are: BLACKROCK INC. with ownership of 5.41 million shares, which is approximately 16.005%. T. ROWE PRICE INVESTMENT MANAGEMENT, INC., holding 3.67 million shares of the stock with an approximate value of $$123.28 million in CAL stocks shares; and T. ROWE PRICE INVESTMENT MANAGEMENT, INC., currently with $$104.38 million in CAL stock with ownership which is approximately 9.1928%.
