CALERES, INC. ● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths
● The share is getting closer to its long-term support in weekly data, at USD 18.77, which offers good timing for buyers.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The stock, which is currently worth 2020 to 0.36 times its sales, is clearly overvalued in comparison with peers.
● Its low valuation, with P/E ratio at 8.79 and 7.28 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● The underlying tendency is negative on the weekly chart below the resistance at 27.55 USD
