Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Caleres Inc (NYSE: CAL) weakened in recent days. CAL’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Caleres Inc (NYSE: CAL) stock declined modestly by -1.9% on 1/10/25. The stock closed at $21.15. However, trading volume in this decline was below average at 74% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -8.7% during the last week.
Current PriceTarget Research Rating
Caleres has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Caleres has a good Appreciation Score of 74 but a very low Power Rating of 7, triggering the Negative Value Trend Rating.
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