Caleres, Inc. (NYSE:CAL) will be announcing 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 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. The business had revenue of $677.00 million for the quarter, compared to the consensus estimate of $668.85 million. Caleres had a net margin of 2.26% and a return on equity of 13.80%. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. On average, analysts expect Caleres to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Caleres, Inc. (NYSE CAL) opened at $30.92 on Friday. Caleres, Inc. has a twelve month low of $22.39 and a twelve month high of $36.61. The company has a market cap of $1,211.64, a price-to-earnings ratio of 13.96, a PEG ratio of 1.17 and a beta of 1.04. The company has a quick ratio of 0.38, a current ratio of 1.57 and a debt-to-equity ratio of 0.31.
In other Caleres news, SVP Douglas Koch sold 33,400 shares of the company’s stock in a transaction 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 transaction, the senior vice president now directly owns 103,837 shares in the company, valued at $3,118,225.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.20% of the company’s stock.
A number of analysts recently issued reports on the stock. BidaskClub downgraded shares of Caleres from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Zacks Investment Research downgraded shares of Caleres from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Macquarie reissued an “outperform” rating and set a $37.00 price target on shares of Caleres in a report on Sunday, October 1st. TheStreet raised shares of Caleres from a “c+” rating to a “b-” rating in a report on Thursday, July 27th. Finally, Susquehanna Bancshares Inc reissued a “buy” rating and set a $31.00 price target on shares of Caleres in a report on Tuesday, August 29th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $33.00.
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.
Receive News & Ratings for Caleres Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caleres Inc. and related companies with MarketBeat.com's FREE daily email newsletter.