Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cato Corp-The Market Cap
From what 1 stock analysts predict, the share price for Cato Corp-The (CATO) might decrease by 100% in the next year. This is based on a 12-month average estimation for CATO. Price targets go from $ to $. The majority of stock analysts believe CATO is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assignedCATO 0 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Cato Corp-The to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CATO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CATO.
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When did it IPO
1987
Staff Count
7,300
Country
United States
Sector/Industry
Consumer Cyclical/Apparel Retail
CEO
Mr. John P. Derham Cato
Market Cap
$65.5M
In 2023, CATO generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CATO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Levi & Korsinsky is investigating The Cato Corporation (NYSE:CATO) for potential federal securities law violations after it suspended its quarterly dividend due to economic conditions.
Why It Matters - The suspension of Cato's quarterly dividend amid an investigation raises red flags about financial health, potentially impacting stock performance and investor confidence.
Mon, 25 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - CATO reports a wider Q3 loss and an 8% sales decline due to hurricanes, supply chain issues, and rising costs, with challenges expected to continue.
Why It Matters - CATO's wider losses and declining sales signal operational challenges that may affect future profitability, raising concerns about financial stability and potential investment risks.
Fri, 22 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - The Cato Corporation (NYSE: CATO) has suspended its regular quarterly dividend due to current economic conditions and sales trends, as announced by its Board of Directors.
Why It Matters - The suspension of Cato Corporation's quarterly dividend signals potential financial distress, which may lead to decreased investor confidence and impact stock performance negatively.
Sun, 24 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Pomerantz LLP is investigating claims for investors of The Cato Corporation (NYSE:CATO). Interested parties can contact Danielle Peyton for more information.
Why It Matters - The investigation suggests potential legal issues for Cato Corporation, which may impact its stock price and investor confidence. Legal actions can lead to financial liabilities and regulatory scrutiny.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cato Corporation reported a net loss of $15.1 million ($0.79 per share) for Q3 2024, worsening from a loss of $6.1 million ($0.30 per share) in Q3 2023.
Why It Matters - Cato Corporation's increased net loss signals worsening financial health, potentially leading to reduced investor confidence and impacting stock performance.
Fri, 30 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - The Cato Corporation's Board of Directors declared a quarterly dividend of $0.17 per share, as announced on August 30, 2024.
Why It Matters - Cato Corporation's quarterly dividend declaration indicates financial stability and commitment to returning value to shareholders, which can enhance investor confidence and influence stock performance.
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