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.

A number of analysts gave price targets for CAL. The highest price target was 40, implying potential capital gains of 43.94 percent. The minimum price target given was 27, which equates to a potential downside of -2.84 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -10 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.46 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

CAL has an estimated earnings growth rate of 50.12 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of CAL is 0.38.

In the trailing 52-weeks, CAL hit 36.61 at the highest peak, while it's lowest trading point was 23.12. Today's price is 20.2 percent above the 52-week low, and below the high by 24.09 percent. 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 will post this quarters earnings in days, on 0000-00-00.