Susquehanna analyst Sam Poser maintained a Hold rating on Caleres Inc (NYSE: CAL) today and set a price target of $33. The company’s shares closed yesterday at $35.46, close to its 52-week high of $37.06.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 8.5% and a 58.6% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Caleres Inc has an analyst consensus of Hold, with a price target consensus of $31.50.
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Based on Caleres Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly net profit of $16.67 million. In comparison, last year the company had a net profit of $14.49 million.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.
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Caleres, Inc. engages in the retail and sholesale of footwear. Its products for women and men through retail shoe stores and e-Commerce websites. The company operates through the following business segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family.
