Cato Corporation Stock Today

CATO Stock  USD 4.96  1.12  18.42%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 35

 
High
 
Low
Below Average
Cato is selling at 4.96 as of the 22nd of November 2024; that is 18.42% down since the beginning of the trading day. The stock's open price was 6.08. Cato has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Cato Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
23rd of April 1987
Category
Consumer Cyclical
Classification
Consumer Discretionary
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina. The company has 18.8 M outstanding shares of which 516.1 K shares are currently shorted by private and institutional investors with about 5.27 trading days to cover. More on Cato Corporation

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Cato Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJohn Cato
Thematic IdeaApparel (View all Themes)
Business ConcentrationSpecialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Apparel, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.621.3443
Fairly Up
Slightly volatile
Gross Profit Margin0.390.3442
Moderately Up
Very volatile
Total Current Liabilities127.5 M188 M
Way Down
Slightly volatile
Non Current Liabilities Total153.7 M146.4 M
Sufficiently Up
Slightly volatile
Total Assets413.9 M526.7 M
Significantly Down
Pretty Stable
Total Current Assets281.6 M243.1 M
Fairly Up
Pretty Stable
Debt Levels
Cato can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cato's financial leverage. It provides some insight into what part of Cato's total assets is financed by creditors.
Liquidity
Cato Corporation currently holds 153.12 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Cato has a current ratio of 1.5, which is within standard range for the sector. Note, when we think about Cato's use of debt, we should always consider it together with its cash and equity.

Depreciation

16.03 Million
Cato Corporation (CATO) is traded on New York Stock Exchange in USA. It is located in 8100 Denmark Road, Charlotte, NC, United States, 28273-5975 and employs 7,300 people. Cato is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 127.11 M. Cato conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 18.8 M outstanding shares of which 516.1 K shares are currently shorted by private and institutional investors with about 5.27 trading days to cover. Cato Corporation currently holds about 153.59 M in cash with 477 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Cato Probability Of Bankruptcy
Ownership Allocation
Cato holds a total of 18.8 Million outstanding shares. 30% of Cato Corporation outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cato Ownership Details

Cato Stock Institutional Holders

InstituionRecorded OnShares
Segall Bryant & Hamill2024-09-30
215.6 K
Geode Capital Management, Llc2024-06-30
174.5 K
Two Sigma Investments Llc2024-06-30
133.4 K
Rbf Llc2024-06-30
132.3 K
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
127.7 K
Gsa Capital Partners Llp2024-09-30
124.7 K
Two Sigma Advisers, Llc2024-06-30
122.2 K
Bridgeway Capital Management, Llc2024-06-30
119.7 K
Jane Street Group Llc2024-06-30
114.7 K
Aldebaran Capital Llc2024-09-30
1.1 M
Dimensional Fund Advisors, Inc.2024-09-30
926.2 K
View Cato Diagnostics

Cato Historical Income Statement

At this time, Cato's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 10.6 M, while Interest Expense is likely to drop about 33.2 K. View More Fundamentals

Cato Stock Against Markets

Cato Corporate Directors

Thomas HensonIndependent DirectorProfile
Daniel StoweIndependent DirectorProfile
Pamela DaviesIndependent DirectorProfile
Bailey PatrickIndependent DirectorProfile
When determining whether Cato offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cato's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cato Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cato Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cato. If investors know Cato will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cato listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
0.68
Earnings Share
(0.89)
Revenue Per Share
35.031
Quarterly Revenue Growth
(0.08)
The market value of Cato is measured differently than its book value, which is the value of Cato that is recorded on the company's balance sheet. Investors also form their own opinion of Cato's value that differs from its market value or its book value, called intrinsic value, which is Cato's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cato's market value can be influenced by many factors that don't directly affect Cato's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cato's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.