Cato Corp (NYSE: CATO)’s stock price has gone decline by -1.53 in comparison to its previous close of 3.92, however, the company has experienced a 1.58% increase in its stock price over the last five trading days. accesswire.com reported 2024-12-26 that NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Cato Corporation (“Cato” or the “Company”) (NYSE:CATO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Is It Worth Investing in Cato Corp (NYSE: CATO) Right Now?
Moreover, the 36-month beta value for CATO is 0.94. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for CATO is 16.81M and currently, short sellers hold a 2.49% of that float. On December 27, 2024, CATO’s average trading volume was 168.35K shares.
CATO’s Market Performance
CATO stock saw an increase of 1.58% in the past week, with a monthly gain of 13.20% and a quarterly increase of -26.89%. The volatility ratio for the week is 7.11%, and the volatility levels for the last 30 days are 8.77% for Cato Corp (CATO). The simple moving average for the last 20 days is 8.50% for CATO’s stock, with a simple moving average of -24.63% for the last 200 days.
Analysts’ Opinion of CATO
Many brokerage firms have already submitted their reports for CATO stocks, with MKM Partners repeating the rating for CATO by listing it as a “Neutral.” The predicted price for CATO in the upcoming period, according to MKM Partners is $37 based on the research report published on May 23, 2016 of the previous year 2016.
MKM Partners, on the other hand, stated in their research note that they expect to see CATO reach a price target of $35, previously predicting the price at $36. The rating they have provided for CATO stocks is “Neutral” according to the report published on March 18th, 2016.
MKM Partners gave a rating of “Neutral” to CATO, setting the target price at $39 in the report published on November 23rd of the previous year.
CATO Trading at -19.70% from the 50-Day Moving Average
After a stumble in the market that brought CATO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.51% of loss for the given period.
Volatility was left at 8.77%, however, over the last 30 days, the volatility rate increased by 7.11%, as shares surge +19.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.92% lower at present.
During the last 5 trading sessions, CATO rose by +0.53%, which changed the moving average for the period of 200-days by -41.59% in comparison to the 20-day moving average, which settled at $3.56. In addition, Cato Corp saw -45.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CATO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.33 for the gross margin
The net margin for Cato Corp stands at -0.04. The total capital return value is set at -0.03. Equity return is now at value -13.63, with -5.89 for asset returns.
Currently, EBITDA for the company is -3.9 million with net debt to EBITDA at -9.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 26.91for trailing twelve months and the total asset turnover is 1.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To wrap up, the performance of Cato Corp (CATO) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
