The price of CAL is predicted to go up -9.88%, based on the high correlation periods with IMAB. The similarity of these two price pattern on the periods is 98.51%.

CAL

IMAB

Down: -9.88%Similarity: 98.51%

CAL Revenue Forecast

CAL EPS Forecast

CAL FAQs

What is bull’s view on CAL?

CAL stock is currently trading at $19.07, significantly below its 52-week high, with an RSI of 25.5 indicating oversold conditions. Despite this, the company recently lowered its FY24 guidance due to weaker sales trends and weather-related closures, projecting EPS between $3.10 and $3.20, down from prior estimates. Analysts maintain a "Hold" rating with a reduced price target of $25, reflecting limited upside potential amidst ongoing challenges.

What is bear's view on CAL?

CAL stock is bearish due to its recent downward revision in FY24 guidance, with earnings per share now projected at $3.10-$3.20, below prior estimates of $3.35-$3.45, driven by weaker sales trends and weather-related closures. The stock has dropped 18% in the past month, nearing its 52-week low of $18.67, and its RSI of 25.5 indicates oversold conditions but no immediate recovery signals. Current price at $19.07 suggests further downside risk unless catalysts emerge.