Caleres Inc (CAL) with a beta value of 2.01 appears to be a promising investment opportunity.

A new trading day began on Tuesday, with Caleres Inc (NYSE: CAL) stock price down -4.71% from the previous day of trading, before settling in for the closing price of $40.14. CAL’s price has ranged from $16.85 to $41.94 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 1.70%. Meanwhile, its annual earnings per share averaged 4.90%. With a float of $33.99 million, this company’s outstanding shares have now reached $35.72 million.

Let’s determine the extent of company efficiency that accounts for 9300 employees.

Caleres Inc (CAL) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Caleres Inc is 4.26%, while institutional ownership is 93.35%. The most recent insider transaction that took place on Mar 04 ’24, was worth 980,498. In this transaction President & CEO, Caleres of this company sold 25,332 shares at a rate of $38.71, taking the stock ownership to the 335,663 shares. Before that another transaction happened on Feb 08 ’24, when Company’s President & CEO, Caleres sold 12,668 for $33.29, making the entire transaction worth $421,724. This insider now owns 360,995 shares in total.

Caleres Inc (CAL) Recent Fiscal highlights

In its latest quarterly report, released on 1/30/2024, the company reported earnings of $0.86 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.90% per share during the next fiscal year.

Caleres Inc (NYSE: CAL) Trading Performance Indicators

Here are Caleres Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 9.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.80, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 5.02 in one year’s time.

Technical Analysis of Caleres Inc (CAL)

Looking closely at Caleres Inc (NYSE: CAL), its last 5-days average volume was 0.55 million, which is a jump from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 56.88%. Additionally, its Average True Range was 1.56.

During the past 100 days, Caleres Inc’s (CAL) raw stochastic average was set at 77.39%, which indicates a significant increase from 50.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.56% in the past 14 days, which was lower than the 40.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.41, while its 200-day Moving Average is $29.62. However, in the short run, Caleres Inc’s stock first resistance to watch stands at $39.34. Second resistance stands at $40.42. The third major resistance level sits at $41.10. If the price goes on to break the first support level at $37.57, it is likely to go to the next support level at $36.89. Now, if the price goes above the second support level, the third support stands at $35.81.

Caleres Inc (NYSE: CAL) Key Stats

With a market capitalization of 1.36 billion, the company has a total of 35,502K Shares Outstanding. Currently, annual sales are 2,817 M while annual income is 171,390 K. The company’s previous quarter sales were 697,120 K while its latest quarter income was 55,810 K.