How to Buy Caleres Stock
Caleres Inc
Caleres is a apparel company located in Missouri, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CAL on the NYSE exchange.
Caleres stock last closed at $34.70, down 1.2% from the previous day, and has increased 57.44% in one year. It has overperformed other stocks in the Apparel Retail industry by 0.54 percentage points. Caleres stock is currently +105.93% from its 52-week low of $16.85, and -17.26% from its 52-week high of $41.94.
As of Apr 17, 2024, there are 35.15M CAL shares outstanding. The market value of CAL is $1.22B. In the last 24 hours, 327,957 CAL shares were traded.
How to Buy Caleres Stock
Not sure how to invest in Caleres stock? Here's how.
- Choose where to buy Caleres stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Caleres stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Analyze Caleres stock: The Caleres ticker symbol is CAL. Is Caleres stock a good investment? Should you buy shares of CAL? How do CAL's underlying business fundamentals look? Do top analysts think Caleres is a good buy? Why has CAL's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if CAL is a good stock to buy).
- Make your CAL buy order: Decide if you will purchase CAL shares at the current market price or use a limit order to buy CAL stock at a given price.
- Get notifications regarding your investment in CAL: Create a watchlist to get live updates on your investment in Caleres stock.
Step 1: Choose where to buy Caleres stock
You will need a brokerage account in order to access the NYSE market and buy CAL stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you can buy CAL today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on one of the best stock trading apps, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new investment account.
Step 4: Analyze Caleres stock
Once you have figured out the best place to buy Caleres stock, it's crucial to analyze their stock before you buy, so you actually comprehend the risk and opportunity.
Caleres quick stats
CAL Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on CAL's stock page.
What is the fair value of CAL stock?
You can use many financial metrics, analyses, models, and charts to gauge CAL's true value.
Using relative valuations methods:
- CAL could be undervalued based on its P/E ratio of 7.23x, relative to Apparel Retail industry P/E ratio of 23.34x
- CAL could be undervalued based on its P/B ratio of 2.18x, relative to Apparel Retail industry P/B ratio of 6.96x
- CAL may be overvalued based on its PEG ratio of 1.12x
You can do additional valuation research on CAL's stock here.
CAL Financial Health Overview
Pros:
- CAL earnings of $200.22M is not sufficient to cover its interest payments.
- CAL's operating cash flow of $200.15M allows it to safely service it's debt of $747.86M.
- There are more short-term assets than long-term liabilities on the CAL balance sheet.
- There are more short-term assets than short-term liabilities on the CAL balance sheet.
Cons:
- Total CAL debt is higher than 5 years ago, relative to shareholder equity.
- CAL has a relatively high debt to equity ratio of 2.21.
- CAL profit margin of X% has stayed the same in the past year.
Is it a good time to buy CAL stock, according to analysts?
Out of 2 Wall Street analysts who monitor CAL, the consensus analyst rating on Caleres is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Caleres stock forecast page.
CAL Technicals
Is CAL Growing Revenue?
Last year, CAL earnings were $171.39M. During the last four year, CAL's earnings have grown by 33.09% per year. This was faster than the Apparel Retail industry average of 11.52%.
Last year, CAL revenue was $2.82B. During the last 5 year, CAL's revenue has increased by -0.12% per year. This was slower than the Apparel Retail industry average of 9.08%.
Dig into CAL's earnings and revenue performance here.
Are CAL insiders buying or selling the stock?
Over the last 12 months, insiders at CAL have sold more shares than they have bought.
Daniel R. Freidman, Chief Sourcing Officer of CAL, was the latest CAL insider to sell. They sold $555,000.00 worth of CAL stock on Apr 8, 2024.
Research more about who owns CAL stock here.
Can I get consistent income from CAL stock?
Caleres pays a dividend of 0.81%, compared to the Apparel Retail industry's average dividend yield of 4.77%. If you owned $1,000 of CAL stock, you would have received $8.07 in the past year.
Caleres dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Caleres dividend yield and history here.
What others are saying about CAL
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your CAL buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in CAL
Now that you own some CAL shares, you'll want to keep up with your company.
Start a watchlist to track the most important metrics related to your CAL stock.
CAL Feed
How to Buy Stock in Caleres
To reiterate, here are the 6 steps to buy Caleres stock:
- Choose where to buy Caleres stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Caleres stock
- Make your CAL buy order
- Get notifications regarding your investment in CAL
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Caleres, create a watchlist today.
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