Caleres (CAL) Given Daily Coverage Optimism Score of 0.02
Headlines about Caleres (NYSE:CAL) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Caleres earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave news coverage about the textile maker an impact score of 47.4244817087782 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have effected Accern’s rankings:
- US Q3 in brief – Guess, Caleres, Dollar Tree, Chico’s, J Crew (just-style.com)
- Edited Transcript of CAL earnings conference call or presentation 21-Nov-17 9:30pm GMT (finance.yahoo.com)
- Caleres, Inc. (CAL) Stock Rating Reaffirmed by Susquehanna Bancshares Inc (americanbankingnews.com)
- Caleres, Inc. (CAL) Given Outperform Rating at Wedbush (americanbankingnews.com)
- After-Hours Stock Movers 11/21: (TIVO (GME) (AXTA) Higher; (GES) (CAL) (HPE) Lower (more…) (streetinsider.com)
CAL has been the subject of a number of research analyst reports. BidaskClub lowered Caleres from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research lowered Caleres from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Wedbush reissued an “outperform” rating and issued a $32.00 price target on shares of Caleres in a research report on Wednesday. Susquehanna Bancshares Inc reissued a “buy” rating and issued a $32.00 price target on shares of Caleres in a research report on Wednesday. Finally, TheStreet raised Caleres from a “c+” rating to a “b-” rating in a research report on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.17.
Caleres (CAL) traded down $0.58 on Wednesday, hitting $30.41. The stock had a trading volume of 1,128,763 shares, compared to its average volume of 341,217. The company has a market cap of $1,330.00, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.29 and a beta of 1.04. The company has a current ratio of 1.57, a quick ratio of 0.38 and a debt-to-equity ratio of 0.31. Caleres has a 52-week low of $22.39 and a 52-week high of $36.61.
Caleres (NYSE:CAL) last released its quarterly earnings results on Tuesday, November 21st. The textile maker reported $0.80 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.05). The company had revenue of $774.66 million during the quarter, compared to the consensus estimate of $785.75 million. Caleres had a return on equity of 13.80% and a net margin of 2.26%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. research analysts forecast that Caleres will post 2.18 earnings per share for the current fiscal year.
In related news, SVP Douglas Koch sold 33,400 shares of the business’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $30.03, for a total transaction of $1,003,002.00. Following the transaction, the senior vice president now directly owns 103,837 shares in the company, valued at approximately $3,118,225.11. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 6.20% of the stock is owned by insiders.
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Caleres Company Profile
Caleres, Inc is a global footwear retailer and wholesaler. The Company is engaged in the operation of retail shoe stores and e-commerce Websites, as well as the design, sourcing and marketing of footwear for women and men. The Company operates through two segments: Famous Footwear and Brand Portfolio.
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