Opinions
Mike Lyons CA, CFA
Caleres Inc
CAL-N
TOP PICK
Feb 24, 2011
Likes the footwear industry. Very low multiple at about 25% of revenue and 11X earnings. Targeting to do about $2 a share in the next couple of years. If you put a twelvish multiple on this and get to 50% of revenues, it’s not very hard to get to $25 or $30.
$14.770
Stock price when the opinion was issued
misc consumer products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Stockchase Research Editor: Michael O’Reilly
The Famous Brand family footwear company has been in business over 125 years so its recent leveraged acquisition is not something new for them. We like that it trades at 6x earnings, at book value and supports a 17% ROE. We recommend setting a stop-loss at $12, looking to achieve $22 — upside potential of 22%. Yield 1.5%
(Analysts’ price target is $21.33)
misc consumer products
Advertising