Analyst Ratings for Caleres Inc. (CAL)Updated: 2017-07-28
Analysts covering Caleres Inc. (NYSE:CAL) have given it a consensus rating of Buy. About 30 days ago, CAL was issued an average rating of Buy.
Of the 8 analysts covering the stock, 6 gave it a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for CAL by the analysts covering the stock. The highest price target was 40, implying potential capital gains of 43.94 percent. The lowest price target was 27, implying potential capital losses of -2.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -10 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.46 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of CAL to grow at a rate of 50.12 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. CAL has a PEG ratio of 0.38.
CAL has a 52-week high of 36.61 and a 52-week low of 23.12. The current market price is above the trailing year's low by 20.2 percent, and 24.09 percent below the high. CAL has a P/E ratio of 18.99. Investors typically compare the P/E ratio to a company's peers in the industry. The CAL value stock report compares CAL to some of its peers using value stock charts. The stock has a market capitalization of $1.19 billion. CAL's next earnings release will be on 0000-00-00, which is days away.