Cato (NYSE:CATO) issued its earnings results on Thursday. The specialty retailer reported ($1.19) earnings per share for the quarter, Bloomberg Earnings reports. Cato had a negative return on equity of 4.20% and a negative net margin of 1.98%. The firm had revenue of $100.73 million during the quarter.
NYSE CATO opened at $10.20 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Cato has a fifty-two week low of $8.52 and a fifty-two week high of $19.73. The business has a 50 day moving average price of $10.35 and a two-hundred day moving average price of $14.90. The stock has a market cap of $253.91 million, a PE ratio of -17.00 and a beta of 0.70.
Several brokerages have commented on CATO. TheStreet lowered Cato from a “c” rating to a “d” rating in a research note on Thursday. ValuEngine upgraded Cato from a “sell” rating to a “hold” rating in a report on Monday, March 30th.
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce Websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants.
See Also: Stochastic Momentum Index (SMI)
Receive News & Ratings for Cato Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cato and related companies with MarketBeat.com's FREE daily email newsletter.