Professional
Added to YB: 2023-08-23
Pitch date: 2023-08-23
CATO [bullish]
The Cato Corporation
-55.21%
current return
Author Info
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Company Info
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States.
Market Cap
$56.7M
Pitch Price
$6.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.24
P/E
-6.06
EV/Sales
0.21
Sector
Specialty Retail
Category
value
Stock Sonar #21 - Cato Corp (NYSE:CATO)
CATO (new position): Specialty retailer for plus-sized women w/ 1270 strip-mall stores. Trading near cash value, below liquidation value. Adequate shareholder alignment. Expect short-term profitability w/ reasonable chance of long-term recovery despite minimal strategy shifts. Small position due to uncertain turnaround conviction in distressed U.S. retail sector.
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