Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Caleres Inc (NYSE: CAL) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Caleres Inc (NYSE: CAL) stock closed at $25.01 on 12/13/24 after an increase of 1.3%. Moreover, above average trading volume at 127% of normal accompanied the advance. The stock has declined -5.9% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Caleres has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Caleres has a slightly positive Appreciation Score of 69 but a poor Power Rating of 20, producing the Low Neutral Value Trend Rating.
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