Caleres Inc (NYSE:CAL) shares, rose in value on Friday, May 09, with the stock price down by -3.95% to the previous day’s close as strong demand from buyers drove the stock to $15.07.
Actively observing the price movement in the last trading, the stock closed the session at $15.69. The PE ratio was 4.92 over 12-month period. Referring to stock’s 52-week performance, its high was $44.51, and the low was $14.25. On the whole, CAL has fluctuated by -11.72% over the past month.
With the market capitalization of Caleres Inc currently standing at about $513.77 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.28, with its dividend yield at 1.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.72B, with a low estimate of 620.6M and a high estimate of 625.58M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 622.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CAL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.17, with the price of CAL currently trading nearly -1.51% and -6.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.97, while the 7-day volatility ratio is showing 5.31% which for the 30-day chart, stands at 5.69%. Furthermore, Caleres Inc (CAL)’s beta value is 1.16, and its average true range (ATR) is 0.97.
A comparison of Caleres Inc (CAL) with its peers suggests the former has fared considerably weaker in the market. CAL showed an intraday change of -3.95% in last session, and over the past year, it shrunk by -60.45%%.
Data on historical trading for Caleres Inc (NYSE:CAL) indicates that the trading volumes over the past 3 months, they’ve averaged 999.59K. According to company’s latest data on outstanding shares, there are 33.63 million shares outstanding.
Nearly 4.18% of Caleres Inc’s shares belong to company insiders and institutional investors own 89.72% of the company’s shares. The stock has fallen by -34.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CAL stock heading into the next quarter.
