CAL Stock Analysis: Caleres | NYSE

Athletic Footwear, Casual Footwear, Dress Footwear, Leather Goods

Total Rating 43

Safety 75

Buy Signal -0.13

Apparel Retail
Industry Rotation: +4.5

Market Cap: 405M
Avg Turnover: 7.19M

Risk 3d forecast

Volatility67.1%

VaR 5^th Pctl11.0%

VaR vs Median-0.78%

Reward TTM

Sharpe Ratio0.20

Rel. Str. IBD40.4

Rel. Str. Peer Group56.8

Character TTM

Beta1.694

Beta Downside1.890

Hurst Exponent0.533

Drawdowns 3y

Max DD79.35%

CAGR/Max DD-0.29

CAGR/Mean DD-0.52

EPS (Earnings per Share)

EPS CAGR: -46.09%
EPS Trend: -92.3%

Last SUE: 0.39
Qual. Beats: 0

Revenue

Rev. CAGR: -0.53%
Rev. Trend: -21.0%

Last SUE: -0.39
Qual. Beats: 0

Warnings

Volatile

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -0.3% 2

Feb -1.6% 18

Mar -5.4% 19

Apr +7.9% 9

May -3.9% 29

Jun +0.7% 5

Jul -0.2% 2

Aug +3.5% 30

Sep -2.3% 28

Oct -5.7% 43

Nov +8.6% 16

Dec -0.6% 5

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CAL Caleres

Caleres, Inc. (NYSE: CAL) is a U.S.-based footwear company that designs, develops, sources, manufactures, and distributes footwear across the United States, Canada, East and Southeast Asia, and other international markets. Founded in 1878 and headquartered in Saint Louis, Missouri, the company was formerly known as Brown Shoe Company before rebranding to Caleres in May 2015.

The company operates through two business segments: Famous Footwear, its retail chain, and Brand Portfolio, which encompasses its owned and licensed wholesale brands. Its product mix spans licensed, branded, and private-label athletic, casual, and dress footwear, combining third-party labels such as Nike, Skechers, adidas, Crocs, Birkenstock, and New Balance with company-owned brands including Sam Edelman, Vionic, Allen Edmonds, Naturalizer, LifeStride, Franco Sarto, and Rykä.

Caleres runs a diversified, omnichannel distribution model spanning retail shoe stores, wholesale to department stores, mass merchandisers, and online retailers, plus a portfolio of branded e-commerce sites. This dual wholesale-and-retail structure is typical of large footwear players in the Consumer Discretionary / Apparel Retail segment, where hybrid models allow companies to capture margin from owned brands while leveraging retail scale to sell third-party labels.

Headlines to Watch Out For

Famous Footwear comparable sales drive majority of revenue and earnings
Hey Dude brand slowdown weighs on Brand Portfolio segment margins
Asia sourcing exposure raises tariff and freight cost risks

Piotroski VR-10 (Strict) 4.5

Net Income: 52.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 4.45 > 1.0
NWC/Revenue: 3.71% < 20% (prev 3.18%; Δ 0.53% < -1%)
CFO/TA 0.05 > 3% & CFO 117.3m > Net Income 52.5m
Net Debt (1.42b) to EBITDA (164.6m): 8.60 < 3
Current Ratio: 1.11 > 1.5 & < 3
Outstanding Shares: last quarter (32.6m) vs 12m ago 0.02% < -2%
Gross Margin: 46.25% > 18% (prev 43.97%; Δ 2.27% > 0.5%)
Asset Turnover: 132.8% > 50% (prev 123.3%; Δ 9.52% > 0%)
Interest Coverage Ratio: 5.11 > 6 (EBIT TTM 98.4m / Interest Expense TTM 19.2m)

Altman Z'' 1.86

A: 0.05 (Total Current Assets 1.05b - Total Current Liabilities 943.1m) / Total Assets 2.14b
B: 0.23 (Retained Earnings 486.2m / Total Assets 2.14b)
C: 0.05 (EBIT TTM 98.4m / Avg Total Assets 2.14b)
D: 0.46 (Book Value of Equity 673.6m / Total Liabilities 1.45b)
Altman-Z'' = 1.86 = BBB

Beneish M -2.97

DSRI: 1.02 (Receivables 156.5m/143.3m, Revenue 2.85b/2.65b)
GMI: 0.95 (GM 43.97% / 46.25%)
AQI: 1.06 (AQ_t 0.16 / AQ_t-1 0.15)
SGI: 1.07 (Revenue 2.85b / 2.65b)
TATA: -0.03 (NI 52.5m - CFO 117.3m) / TA 2.14b)
Beneish M = -2.97 (Cap -4..+1) = A

What is the price of CAL shares?

As of September 27, 2026, the stock is trading at USD 12.52 with a total of 366,050 shares traded. Over the past week, the price has changed by +6.64%, over one month by -3.49%, over three months by +1.00% and over the past year by -3.77%.

Current recommended Stop Loss: 10.90 (which is 12.9% or 2.5 ATR below the current price).

Is CAL a buy, sell or hold?

Caleres has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CAL.

StrongBuy: 1
Buy: 0
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the CAL price?

Analysts Target Price	17	35.8%

Caleres (CAL) - Fundamental Data Overview as of 27 September 2026

Market Cap USD = 405.1m (405.1m USD * 1.0 USD.USD)
P/E Trailing = 7.6732
P/E Forward = 7.3368
P/S = 0.1423
P/B = 0.6014
P/EG = 0.8213
Revenue TTM = 2.85b USD
EBIT TTM = 98.4m USD
EBITDA TTM = 164.6m USD
Long Term Debt = 466.1m USD (estimated: total debt 877.3m - short term 411.2m)
Short Term Debt = 411.2m USD (from shortTermDebt, last quarter)
Debt = 1.47b USD (from shortLongTermDebtTotal, last quarter) + Leases 589.3m
Net Debt = 1.42b USD (calculated: Debt 1.47b - CCE 50.9m)
Enterprise Value = 1.82b USD (405.1m + Debt 1.47b - CCE 50.9m)
Interest Coverage Ratio = 5.11 (Ebit TTM 98.4m / Interest Expense TTM 19.2m)
EV/FCF = 29.44x (Enterprise Value 1.82b / FCF TTM 61.8m)
FCF Yield = 3.40% (FCF TTM 61.8m / Enterprise Value 1.82b)
FCF Margin = 2.17% (FCF TTM 61.8m / Revenue TTM 2.85b)
Net Margin = 1.84% (Net Income TTM 52.5m / Revenue TTM 2.85b)
Gross Margin = 46.25% ((Revenue TTM 2.85b - Cost of Revenue TTM 1.53b) / Revenue TTM)
Gross Margin QoQ = 54.78% (prev 47.33%)
Tobins Q-Ratio = 0.85 (Enterprise Value 1.82b / Total Assets 2.14b)
Interest Expense / Debt = 1.31% (Interest Expense 19.2m / Debt 1.47b)
Taxrate = 29.77% (21.3m / 71.6m)
NOPAT = 69.1m (EBIT 98.4m * (1 - 29.77%))
Current Ratio = 1.11 (Total Current Assets 1.05b / Total Current Liabilities 943.1m)
Debt / Equity = 2.18 (Debt 1.47b / totalStockholderEquity, last quarter 673.6m)
Debt / EBITDA = 8.60 (Net Debt 1.42b / EBITDA 164.6m)
Debt / FCF = 22.89 (Net Debt 1.42b / FCF TTM 61.8m)
Total Stockholder Equity = 626.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.45% (Net Income 52.5m / Total Assets 2.14b)
RoE = 8.38% (Net Income TTM 52.5m / Total Stockholder Equity 626.1m)
RoCE = 9.01% (EBIT 98.4m / Capital Employed (Equity 626.1m + L.T.Debt 466.1m))
RoIC = 4.45% (NOPAT 69.1m / Invested Capital 1.55b)
WACC = 3.31% (E(405.1m)/V(1.87b) * Re(11.94%) + D(1.47b)/V(1.87b) * Rd(1.31%) * (1-Tc(0.30)))
Discount Rate = 11.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.19 | Cagr: -1.66%
[DCF] Terminal Value 75.44% ; FCFF base≈61.8m ; Y1≈62.1m ; Y5≈65.8m
[DCF] Fair Price = N/A (negative equity: EV 1.02b - Net Debt 1.42b = -392.5m; debt exceeds intrinsic value)
EPS Correlation: -92.29 | EPS CAGR: -46.09% | SUE: 0.39 | # QB: 0
Revenue Correlation: -20.95 | Revenue CAGR: -0.53% | SUE: -0.39 | # QB: 0
EPS current Quarter (2026-10-31): EPS=0.65 | Chg30d=-22.23% | Revisions=+50% | Analysts=3
EPS current Year (2027-01-31): EPS=1.61 | Chg30d=-1.23% | Revisions=+50% | GrowthEPS=+35.0% | GrowthRev=+3.9%
EPS next Year (2028-01-31): EPS=2.19 | Chg30d=-3.66% | Revisions=+50% | GrowthEPS=+36.5% | GrowthRev=+2.8%
[Analyst] Revisions Ratio: +75% (up=9, down=0)