This summary was created by AI, based on 1 opinions in the last 12 months.
Caleres Inc, a well-established brand in family footwear with over 125 years of experience, has recently undertaken a leveraged acquisition, indicating its readiness to adapt and grow in a competitive market. Analysts highlight the stock's attractive valuation, trading at only 6 times earnings and at book value, which suggests potential for price appreciation. Additionally, the company boasts a commendable 17% return on equity (ROE), showcasing its efficient profitability. With a current yield of 1.5%, the stock offers a reasonable income return while exhibiting upside potential, with a price target set at approximately $21.33. Experts recommend implementing a stop-loss strategy at $12 while aiming for a price target of $22, reflecting optimism in the stock's future performance.
Caleres Inc is a American stock, trading under the symbol CAL-N on the New York Stock Exchange (CAL). It is usually referred to as NYSE:CAL or CAL-N
In the last year, there was no coverage of Caleres Inc published on Stockchase.
Caleres Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Caleres Inc.
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In the last year, there was no coverage of Caleres Inc published on Stockchase.
On 2025-04-15, Caleres Inc (CAL-N) stock closed at a price of $15.07.
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)