Cato Corporation

Company Profile

Cato Corporation had its IPO on 1987-04-23 under the ticker symbol CATO.

The company operates in the Consumer Cyclical sector and Apparel Retail industry. Cato Corporation has a staff strength of 7,600 employees.

Stock update

Shares of Cato Corporation opened at $7.5 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.38 - $7.53, and closed at $7.41.

This is a -1.46% slip from the previous day's closing price.

A total volume of 62,596 shares were traded at the close of the day’s session.

In the last one week, shares of Cato Corporation have slipped by -1.59%.

Cato Corporation's Key Ratios

Cato Corporation has a market cap of $161.34 million, indicating a price to book ratio of 0.807 and a price to sales ratio of 0.2455.

In the last 12-months Cato Corporation’s revenue was $744.59 million with a gross profit of $314.77 million and an EBITDA of $311000. The EBITDA ratio measures Cato Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cato Corporation’s operating margin was -1.18% while its return on assets stood at -0.96% with a return of equity of -2.22%.

In Q1.3333333333333, Cato Corporation’s quarterly earnings growth was a negative -52.4% while revenue growth was a negative 7.1%.

Cato Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

1.54

Its diluted EPS in the last 12-months stands at $-0.25 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.54. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cato Corporation’s profitability.

Cato Corporation stock is trading at a EV to sales ratio of 0.2447 and a EV to EBITDA ratio of 22.0776. Its price to sales ratio in the trailing 12-months stood at 0.2455.

Cato Corporation stock pays annual dividends of $0.68 per share, indicating a yield of 8.44% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$534.64 million

Total Liabilities

$185.64 million

Operating Cash Flow

$15.34 million

Capital Expenditure

$6.17 million

Dividend Payout Ratio

0%

Cato Corporation ended 2024 with $534.64 million in total assets and $0 in total liabilities. Its intangible assets were valued at $534.64 million while shareholder equity stood at $226.78 million.

Cato Corporation ended 2024 with $0 in deferred long-term liabilities, $185.64 million in other current liabilities, 683000.00 in common stock, $103.43 million in retained earnings and $0 in goodwill. Its cash balance stood at $39.64 million and cash and short-term investments were $127.39 million. The company’s total short-term debt was $49,707,000 while long-term debt stood at $0.

Cato Corporation’s total current assets stands at $273.52 million while long-term investments were $0 and short-term investments were $87.75 million. Its net receivables were $28.19 million compared to accounts payable of $88.51 million and inventory worth $106.81 million.

In 2024, Cato Corporation's operating cash flow was $15.34 million while its capital expenditure stood at $6.17 million.

Comparatively, Cato Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$7.41

52-Week High

$12.965

52-Week Low

$7.91

Analyst Target Price

$23

Cato Corporation stock is currently trading at $7.41 per share. It touched a 52-week high of $12.965 and a 52-week low of $12.965. Analysts tracking the stock have a 12-month average target price of $23.

Its 50-day moving average was $7.87 and 200-day moving average was $8.34 The short ratio stood at 18.83 indicating a short percent outstanding of 0%.

Around 778.4% of the company’s stock are held by insiders while 5830.3% are held by institutions.