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CATO $4.94

CATO target price
4.94
0
0
Cato Corporation
Type
Public
Traded as NYSE: CATO
S&P 600 Component
Russell 2000 Component
Industry Apparel Stores
Founded 1946
Headquarters Charlotte, North Carolina, United States
Number of locations
1,372
Key people
John P. Derham Cato
(President and CEO)
Revenue IncreaseUS$1.01 billion (2016)
Operating income
IncreaseUS$95.93 million (2016)
Net income
IncreaseUS$66.84 million (2016)
Total assets IncreaseUS$642.34 million (2016)
Total equity IncreaseUS$412.66 million (2016)
Number of employees
10,500 (January 2016)
Website www.catofashions.com

The Cato Corporation is an American retailer of women's fashions and accessories. The company is headquartered in Charlotte, North Carolina. As of January 2016, the company operated 1,372 stores under the names Cato, Cato Plus, It's Fashion, It's Fashion Metro and Versona.

In 1946, the company founder, Wayland Cato, left United Merchants to launch his own business with his son, Wayland Henry Cato, Jr., and Edgar Thomas. The company went public in 1968, took itself private in 1980, then went public again in 1987. The company averted bankruptcy in the early 1990s after adopting a new discount pricing strategy and updated merchandise.

Cato stores are typically located in strip malls anchored by a national discounter like Wal-Mart.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2022 2022-08-18 0.00 0.00
Q1 2022 2022-05-19 0.00 0.00
Q4 2021 2022-03-17 0.00 0.00
Q3 2021 2021-11-17 0.00 0.00
Q2 2021 2021-08-19 0.00 0.00
Q1 2021 2021-05-20 0.00 0.00
Q4 2020 2021-03-18 0.00 0.00
Q3 2020 2020-11-19 0.00 -0.15
Q2 2020 2020-08-20 0.00 -0.30
Q1 2020 2020-05-21 0.00 -1.19

Ratings

2016-03-18 Lower Price Target MKM Partners Neutral $36.00 to $35.00
2015-11-23 Boost Price Target MKM Partners Neutral $38.00 to $39.00
2015-08-20 Lower Price Target MKM Partners Neutral $39.00 to $35.00
2015-03-23 Lower Price Target MKM Partners Neutral $40.00 to $38.00
2014-11-21 Reiterated Rating MKM Partners Neutral $35.00
2014-03-20 Lower Price Target MKM Partners Neutral $31.00 to $29.00
2010-04-09 Reiterated MKM Partners Neutral $23 to $25
1970-01-01
2016-03-18 Lower Price Target MKM Partners Neutral $36.00 to $35.00
2015-11-23 Boost Price Target MKM Partners Neutral $38.00 to $39.00
2015-08-20 Lower Price Target MKM Partners Neutral $39.00 to $35.00
2015-03-23 Lower Price Target MKM Partners Neutral $40.00 to $38.00
2014-11-21 Reiterated Rating MKM Partners Neutral $35.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks