Should Value Investors Buy Caleres (CAL) Stock?

Core Insights - The article emphasizes the importance of the Zacks Rank system and Style Scores in identifying strong stocks, particularly for value investors [1][3] - Value investing is highlighted as a preferred strategy for finding undervalued stocks across various market conditions [2] Company Analysis: Caleres (CAL) - Caleres currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential for value investors [4] - The stock has a Forward P/E ratio of 7.92, significantly lower than the industry average of 22.31, suggesting it may be undervalued [4] - Over the past 52 weeks, CAL's Forward P/E has fluctuated between a high of 9.17 and a low of 4.02, with a median of 6.59 [4] - The P/S ratio for CAL is 0.43, compared to the industry's average of 0.91, reinforcing its undervaluation [5] - CAL's P/CF ratio stands at 5.48, well below the industry average of 21.73, indicating strong cash flow relative to its valuation [6] - The P/CF ratio has varied from a high of 6.22 to a low of 2.75 over the past year, with a median of 4.82 [6] - Overall, these metrics suggest that CAL is likely undervalued and presents an attractive investment opportunity for value investors [7]