雅虎香港財經 Should Value Investors Buy Caleres (CAL) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Caleres (CAL). CAL is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 7.92. This compares to its industry's average Forward P/E of 22.31. Over the past 52 weeks, CAL's Forward P/E has been as high as 9.17 and as low as 4.02, with a median of 6.59.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CAL has a P/S ratio of 0.43. This compares to its industry's average P/S of 0.91.
Finally, we should also recognize that CAL has a P/CF ratio of 5.48. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 21.73. Over the past year, CAL's P/CF has been as high as 6.22 and as low as 2.75, with a median of 4.82.
These are just a handful of the figures considered in Caleres's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CAL is an impressive value stock right now.
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Caleres, Inc. (CAL) : Free Stock Analysis Report
