CATO Stock Summary and Trading Ideas (Cato Class A | NYSE:CATO)

The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates the majority of revenue offers fashion specialty stores. The Credit segment involves credit card services.

Cato Class A trades on the NYSE stock market under the symbol CATO.

As of April 24, 2024, CATO stock price declined to $4.88 with 101,836 million shares trading.

CATO has a beta of -0.07, meaning it tends to be less sensitive to market movements. CATO has a correlation of 0.00 to the broad based SPY ETF.

CATO has a market cap of $102.42 million. This is considered a Micro Cap stock.

In the last 3 years, CATO stock traded as high as $19.89 and as low as $4.72.

The top ETF exchange traded funds that CATO belongs to (by Net Assets): VTI, IWM, VXF, IWN, DES.

CATO has underperformed the market in the last year with a price return of -33.9% while the SPY ETF gained +24.2%. CATO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.2% and -6.2%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

CATO support price is $4.85 and resistance is $5.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CATO stock will trade within this expected range on the day.