Caleres, Inc. (CAL)
NYSE: CAL · IEX Real-Time Price · USD
36.89
+0.50 (1.37%)
Apr 26, 2024, 11:59 AM EDT - Market open
Caleres Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Caleres stock have an average target of 40, with a low estimate of 35 and a high estimate of 45. The average target predicts an increase of 8.43% from the current stock price of 36.89.
Analyst Consensus: Buy
* Price targets were last updated on Mar 20, 2024.
Analyst Ratings
The average analyst rating for Caleres stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $40 → $45 | Strong Buy | Maintains | $40 → $45 | +21.98% | Mar 20, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $30 → $35 | Hold | Maintains | $30 → $35 | -5.12% | Mar 20, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $27 → $30 | Hold | Maintains | $27 → $30 | -18.68% | Nov 22, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $35 → $25 | Buy → Hold | Downgrades | $35 → $25 | -32.23% | May 25, 2023 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $26 → $35 | Hold → Buy | Upgrades | $26 → $35 | -5.12% | Feb 21, 2023 |
Financial Forecast
Revenue This Year
2.90B
from 2.82B
Increased by 2.86%
Revenue Next Year
3.02B
from 2.90B
Increased by 4.18%
EPS This Year
4.58
from 4.80
Decreased by -4.68%
EPS Next Year
5.04
from 4.58
Increased by 10.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.1B | 3.2B | 3.3B | 3.5B |
| Avg | 2.9B | 3.0B | 3.1B | 3.4B |
| Low | 2.8B | 2.9B | 3.0B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.7% | 11.6% | 10.2% | 12.9% |
| Avg | 2.9% | 4.2% | 4.0% | 8.5% |
| Low | -1.5% | -0.4% | -1.1% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.25 | 5.44 | 6.13 | 6.29 |
| Avg | 4.58 | 5.04 | 5.65 | 6.05 |
| Low | 4.21 | 4.68 | 5.15 | 5.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.4% | 18.9% | 21.7% | 11.3% |
| Avg | -4.7% | 10.2% | 12.2% | 7.0% |
| Low | -12.2% | 2.4% | 2.1% | 3.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.