Caleres, Inc. (NYSE:CAL) is set to announce its earnings results after the market closes on Monday, November 20th. Analysts expect the company to announce earnings of $0.94 per share for the quarter. Caleres has set its FY18 guidance at $2.10-2.20 EPS.
Caleres (NYSE:CAL) last released its quarterly earnings data on Tuesday, August 29th. The textile maker reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. Caleres had a net margin of 2.61% and a return on equity of 10.89%. The firm had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $668.85 million. During the same period in the previous year, the company earned $0.46 earnings per share. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts expect Caleres to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Caleres, Inc. (CAL) opened at $30.92 on Friday. 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, Inc. has a twelve month low of $22.39 and a twelve month high of $36.61. The firm has a market cap of $1,410.00, a P/E ratio of 13.96, a PEG ratio of 1.17 and a beta of 1.04.
Several research analysts have recently weighed in on CAL shares. BidaskClub cut shares of Caleres from a “hold” rating to a “sell” rating in a report on Friday, July 28th. TheStreet raised shares of Caleres from a “c+” rating to a “b-” rating in a report on Thursday, July 27th. Zacks Investment Research cut shares of Caleres from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Finally, Susquehanna Bancshares Inc reaffirmed a “buy” rating and set a $31.00 target price on shares of Caleres in a report on Tuesday, August 29th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $33.00.
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In other Caleres news, SVP Douglas Koch sold 33,400 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $30.03, for a total transaction of $1,003,002.00. Following the completion of the sale, the senior vice president now directly owns 103,837 shares of the company’s stock, valued at $3,118,225.11. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.20% of the stock is currently owned by corporate insiders.
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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