Published on 31 Aug 2023 on GuruFocus.com via Yahoo Finance
Caleres Inc's Meteoric Rise: Unpacking the 67% Surge in Just 3 Months
Caleres Inc (NYSE:CAL), a prominent footwear retailer in the United States, has seen a significant surge in its stock price over the past three months. The company's stock price has risen by an impressive 66.50%, with an 18.63% increase in the past week alone. As of August 31, 2023, the company's stock price stands at $28.56, with a market cap of $1.04 billion. The GF Value, defined by GuruFocus.com, calculates a stock's intrinsic value using historical multiples, past performance adjustments, and future business estimates. Currently, the GF Value of Caleres Inc is $26.51, indicating that the stock is fairly valued. This is a significant improvement from three months ago when the stock was modestly undervalued with a GF Value of $27.14.
Company Overview
Warning! GuruFocus has detected 3 Warning Sign with BEKE. Click here to check it out. CAL 30-Year Financial DataThe intrinsic value of CAL