Currently, there are 33.63M common shares owned by the public and among those 32.32M shares have been available to trade.
The company’s stock has a 5-day price change of -6.62% and -41.60% over the past three months. CAL shares are trading -14.72% year to date (YTD), with the 12-month market performance down to -32.36% lower. It has a 12-month low price of $19.82 and touched a high of $44.51 over the same period. CAL has an average intraday trading volume of 683.96K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -10.35%, -25.35%, and -40.30% respectively.
Institutional ownership of Caleres Inc (NYSE: CAL) shares accounts for 97.56% of the company’s 33.63M shares outstanding.
It has a market capitalization of $664.17M and a beta (3y monthly) value of 1.96. The stock’s trailing 12-month PE ratio is 4.40, while the earnings-per-share (ttm) stands at $4.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.03% over the week and 4.35% over the month.
Earnings per share for the fiscal year are expected to decrease by -19.41%, and 11.66% over the next financial year.
Looking at the support for the CAL, a number of firms have released research notes about the stock. Loop Capital stated their Hold rating for the stock in a research note on September 03, 2024, with the firm’s price target at $45. Piper Sandler was of a view on May 25, 2023 that the stock is Neutral, while Piper Sandler gave the stock Overweight rating on February 21, 2023, issuing a price target of $26- $35. Piper Sandler on their part issued Neutral rating on October 25, 2022.
