Published on 22 Mar 2024 on Simply Wall St. via Yahoo Finance
Caleres, Inc.'s (NYSE:CAL) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Caleres' (NYSE:CAL) stock is up by a considerable 35% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Caleres' ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
See our latest analysis for Caleres