Stocks of Caleres Inc (NYSE:CAL) traded higher last session on Wall Street, up 1.77% to $31.63.
CAL stock price is now 0.76% away from the 50-day moving average and -10.71% away from the 200-day moving average. The market capitalization of the company currently stands at $1.11B.
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With the price target maintained at $45, Loop Capital recently Downgraded its rating from Buy to Hold for Caleres Inc (NYSE: CAL). , while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Hendra Carla C, Director bought 68,093 shares of the company’s stock on Sep 17 ’24. The stock was bought for $2,291,329 at an average price of $33.65. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 22 ’24, Executive Chair SULLIVAN DIANE M sold 17,068 shares of the business’s stock. A total of $605,079 was realized by selling the stock at an average price of $35.45. This leaves the insider owning 150,449 shares of the company worth $4.76 million. A total of 3.76% of the company’s stock is owned by insiders.
During the past 12 months, Caleres Inc has had a low of $27.67 and a high of $44.51. As of last week, the company has a debt-to-equity ratio of 1.27, a current ratio of 1.09, and a quick ratio of 0.32. According to the stock market information, the enterprise value for the company is $1841159680, which is based on a 6.86 price-to-earnings ratio, a 0.46 price-to-earnings-growth ratio, and a beta of 1.93. The fifty day moving average price for CAL is $31.4166 and a two-hundred day moving average price translates $35.44575 for the stock.
The latest earnings results from Caleres Inc (NYSE: CAL) was released for 2024-08-03. The net profit margin was 5.60% and return on equity was 29.28% for CAL. The company reported revenue of $683.32 million for the quarter, compared to $695.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.76 percent. For the current quarter, analysts expect CAL to generate $751.36M in revenue.
