Caleres Inc (NYSE: CAL) is 10.38% higher on its value in year-to-date trading and has touched a low of $24.71 and a high of $44.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CAL stock was last observed hovering at around $33.82 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $33.92, the stock is 4.00% and -6.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 0.30% at the moment leaves the stock -4.59% off its SMA200. CAL registered 18.15% gain for a year compared to 6-month loss of -2.67%. The firm has a 50-day simple moving average (SMA 50) of $36.1684 and a 200-day simple moving average (SMA200) of $35.55155.
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The stock witnessed a 2.91% gain in the last 1 month and extending the period to 3 months gives it a -0.29%, and is 6.97% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.90% over the week and 2.85% over the month.
Caleres Inc (CAL) has around 9200 employees, a market worth around $1.19B and $2.80B in sales. Current P/E ratio is 7.35 and Fwd P/E is 7.49. Profit margin for the company is 5.60%. Distance from 52-week low is 37.27% and -23.79% from its 52-week high. The company has generated returns on investments over the last 12 months (14.06%).
Caleres Inc quarterly earnings per share for the current quarter are estimated at 1.37 with sales reaching $753.81M over the same period.The EPS is expected to shrink by -3.32% this year, but quarterly earnings will post -2.00% year-over-year.
298.0 institutions hold shares in Caleres Inc (CAL), with institutional investors hold 93.96% of the company’s shares. The shares outstanding are 35.49M, and float is at 33.88M with Short Float at 9.39%. Institutions hold 90.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.41 million shares valued at $181.73 million. The investor’s holdings represent 16.005 of the CAL Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 3.67 million shares valued at $123.28 million to account for 10.8573 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.11 million shares representing 9.1928 and valued at over $104.38 million, while DIMENSIONAL FUND ADVISORS LP holds 5.6801 of the shares totaling 1.92 million with a market value of $64.5 million.
Caleres Inc (CAL) Insider Activity
Caleres Inc disclosed in a document filed with the SEC on Jul 22 ’24 that SULLIVAN DIANE M (Executive Chair) sold a total of 17,068 shares of the company’s common stock. The trade occurred on Jul 22 ’24 and was made at $35.45 per share for $0.61 million. Following the transaction, the insider now directly holds 0.15 million shares of the CAL stock.
Still, SEC filings show that on Jul 15 ’24, Hendra Carla C (Director) disposed off 5,349 shares at an average price of $33.07 for $0.18 million. The insider now directly holds 0 shares of Caleres Inc (CAL).
