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 most optimistic analyst gave a price target of 40, which equates to a potential upside of 43.94 percent. The most pessimistic analyst gave a price target of 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -10 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.46 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CAL's earnings is estimated by analysts to be 50.12 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 traded between a high of 36.61 and a low of 23.12 over the past year. 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 price/earnings 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 market cap of CAL is $1.19 billion. CAL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.