Caleres (CAL) AI Stock Analysis

• Market Cap: $423.81M
• Dividend Yield: 2.23%
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.99
• Revenue Growth: -4.84%
• EPS Growth: -49.08%
• Country: US
• Employees: 4,800
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.22
• Shares Outstanding: 33,796,726
• 10 Day Avg. Volume: 963,055
• 30 Day Avg. Volume: 1,140,061
• PEG Ratio: -0.23
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.30K
• Enterprise Value/Market Cap: 2.93
• Enterprise Value/Revenue: 0.11
• Enterprise Value/Gross Profit: 1.04
• Enterprise Value/Ebitda: 1.53
• 1Y Price Target: $17.50
• Price Target Upside: 39.55% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 66 Neutral
• Price Target: $13.50 ▲(7.66%Upside)

Caleres has a mixed outlook. The valuation is a key strength, suggesting the stock is undervalued. However, financial performance and technical analysis indicate challenges, with declining sales and bearish momentum. The earnings call highlights ongoing pressures but also strategic growth initiatives.

Caleres Business Overview & Revenue Model

Company Description

Caleres, Inc. is a global footwear company that operates in the retail and wholesale sectors. The company is known for its diverse portfolio of footwear brands, which includes both owned and licensed brands. Caleres caters to a wide range of consumer preferences and demographics, offering products that span from athletic and casual to dress and work shoes. Some of its well-known brands include Famous Footwear, Sam Edelman, Naturalizer, and Allen Edmonds. The company's operations are primarily centered in the United States, with a strong focus on delivering quality, style, and service across its retail and wholesale channels.

How the Company Makes Money

Caleres generates revenue through multiple channels, with its primary income derived from the sale of footwear through both retail and wholesale operations. The retail segment includes a significant contribution from its Famous Footwear chain, which operates numerous stores across the United States, as well as online sales. In the wholesale segment, Caleres sells its various brands to department stores, specialty retailers, and online platforms. The company benefits from its diverse brand portfolio, which allows it to target different market segments and consumer needs. Additionally, strategic partnerships and licensing agreements for certain brands play a role in enhancing its revenue streams. Caleres also invests in direct-to-consumer initiatives, leveraging its e-commerce platforms to expand its reach and improve profitability.

Caleres Financial Statement Overview

Summary

Caleres shows solid gross and operating margins, but faces challenges with declining revenue and free cash flow generation. The balance sheet is stable with manageable leverage, although improvements are needed in cash flow management.

Income Statement

Caleres has shown a solid recovery in its income statement metrics. The Gross Profit Margin for TTM stands at approximately 44.5%, indicating effective cost management. However, the Net Profit Margin decreased to around 3.1% in TTM from 3.9% the previous year. Revenue has decreased by 3.2% over the last year, signaling a slight decline in sales momentum. The EBIT Margin is at 4.4% for TTM, highlighting stable operational efficiency despite the revenue dip. EBITDA Margin remains robust at 6.0% in TTM.

Balance Sheet

Caleres' balance sheet shows a reasonable leverage position with a Debt-to-Equity Ratio of approximately 1.41 in TTM, indicating reliance on borrowed funds but within a manageable range. The Return on Equity (ROE) for TTM is around 13.8%, showcasing decent profitability relative to equity. The Equity Ratio is moderate at 31.7% in TTM, suggesting a solid equity base to support its total assets.

Cash Flow

The cash flow analysis reflects some challenges, with Free Cash Flow decreasing significantly over the past year. The Free Cash Flow to Net Income Ratio is very low, indicating limited free cash generation relative to profits. However, the Operating Cash Flow to Net Income Ratio is approximately 0.75 in TTM, showing a decent conversion of net income into cash.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.68B	2.72B	2.82B	2.97B	2.78B	2.12B
Gross Profit	1.19B	1.22B	1.26B	1.28B	1.23B	787.05M
EBITDA	160.96M	205.54M	253.94M	276.31M	257.08M	-432.19M
Net Income	83.26M	107.25M	163.87M	181.74M	137.02M	-438.99M
Balance Sheet
Total Assets	1.91B	1.89B	1.80B	1.84B	1.84B	1.87B
Cash, Cash Equivalents and Short-Term Investments	33.14M	29.64M	21.36M	33.70M	30.11M	88.30M
Total Debt	850.26M	826.55M	747.86M	887.63M	871.40M	1.12B
Total Liabilities	1.29B	1.29B	1.24B	1.41B	1.52B	1.66B
Stockholders Equity	605.18M	599.02M	560.63M	420.68M	318.57M	200.25M
Cash Flow
Free Cash Flow	325.00K	55.41M	150.53M	61.84M	144.30M	104.29M
Operating Cash Flow	62.83M	104.56M	200.15M	125.88M	168.44M	126.35M
Investing Cash Flow	-62.51M	-51.69M	-49.62M	-64.04M	-24.14M	-22.06M
Financing Cash Flow	2.13M	-44.51M	-162.99M	-58.15M	-202.38M	-61.31M

Caleres Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAL, the sentiment is Negative. The current price of 12.54 is below the 20-day moving average (MA) of 13.12, below the 50-day MA of 14.73, and below the 200-day MA of 21.63, indicating a bearish trend. The MACD of -0.73 indicates Positive momentum. The RSI at 38.89 is Neutral, neither overbought nor oversold. The STOCH value of 21.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CAL.

Caleres Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CROX	77 Outperform	$5.78B	6.31	53.70%	―	2.09%	26.18%
SHOO	74 Outperform	$1.78B	10.59	19.51%	3.42%	10.17%	-4.71%
RCKY	71 Outperform	$166.76M	12.17	5.97%	2.77%	-2.01%	2.08%
WEYS	70 Outperform	$323.57M	11.13	11.76%	3.20%	-5.46%	-1.09%
WWW	68 Neutral	$1.50B	20.90	25.29%	2.16%	-13.05%	―
CAL	66 Neutral	$423.81M	5.24	13.67%	2.23%	-4.84%	-49.08%
Sector *	61 Neutral	AU$2.78B	25.79	5.01%	5.27%	2.63%	-29.95%

Caleres Corporate Events

Caleres Amends Bylaws and Elects New Directors

On May 22, 2025, Caleres‘ Board of Directors amended the company’s Bylaws to reduce the number of directors from twelve to eleven. During the Annual Meeting of Shareholders on the same day, eleven directors were elected for a one-year term, Ernst & Young LLP was ratified as the independent registered public accountants, and an advisory resolution on executive compensation was approved.

The most recent analyst rating on (CAL) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Caleres stock, see the CAL Stock Forecast page.