Cato (NYSE:CATO) announced its quarterly earnings data on Thursday. The specialty retailer reported $0.24 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $191.52 million for the quarter. Cato had a net margin of 4.34% and a return on equity of 10.98%.
Shares of CATO stock opened at $18.74 on Friday. The company’s fifty day simple moving average is $17.67 and its 200-day simple moving average is $15.16. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. The firm has a market cap of $451.71 million, a PE ratio of 12.49 and a beta of 0.44. Cato has a 12 month low of $11.85 and a 12 month high of $18.84.
Separately, ValuEngine lowered shares of Cato from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th.
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.
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