Going long CATO here.The support we are at was created over 20 years ago.
Were getting weekly bull div on rsi and macd.
This is a small position, 2% of portfolio.
earnings is going to be a wild card here.
Next report date
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−0.83 USD
−22.59 M USD
708.06 M USD
16.77 M
About Cato Corporation (The)
Sector
Industry
CEO
John P. Derham Cato
Website
Headquarters
Charlotte
Founded
1946
FIGI
BBG000JX7SX1
The Cato Corp. engages in the operation of apparel and accessories specialty stores. It operates through the Retail and Credit segments. The Retail segment includes the retailing of women’s apparel, shoes, and accessories. The Credit segment offers credit card and credit authorization services. The company was founded in 1946 and is headquartered in Charlotte, NC.
Breakout from pivotCATO has broken above the pivot and so far is holding nicely. The risk of 5% is a bit too much for me but it is holding nicely.
Cato - targeting .328 and 0.5 fib on the DailyWe see bullish divergence on the RSI on a daily time frame.
The stock is facing resistance at 0.238 fibo level and if it breaks through we target 11.8 as the first Target (0.382 fib) and 12.9 as the second target (.5 fibo).
The latter also nicely aligns with a test of the 100 day moving average.
CATO CORP a long on breakoutA earnings surprise in September has lead to a nice rally which is now in a the process of forming a pennant\flag formation.
RSI is in a bullish trajectory.
MA 7&12 acting as support.
Possible 10% upside on break above resistance.
Stock is very fairly valued considering the yield and P/E ratio.
To Monitor: Breaking the channelIf/when the price exits the area, may go to close the gap. We are monitoring it.
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Frequently Asked Questions
The current price of CATO is 5.00 USD — it has decreased by −0.65% in the past 24 hours. Watch Cato Corporation (The) stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Cato Corporation (The) stocks are traded under the ticker CATO.
CATO stock has risen by 4.07% compared to the previous week, the month change is a 5.68% rise, over the last year Cato Corporation (The) has showed a −27.64% decrease.
CATO reached its all-time high on Feb 24, 2015 with the price of 44.89 USD, and its all-time low was 0.25 USD and was reached on Jan 30, 1991. View more price dynamics on CATO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CATO stock is 28.54% volatile and has beta coefficient of 0.00. Track Cato Corporation (The) stock price on the chart and check out the list of the most volatile stocks — is Cato Corporation (The) there?
Today Cato Corporation (The) has the market capitalization of 125.06 M, it has increased by 0.83% over the last week.
Yes, you can track Cato Corporation (The) financials in yearly and quarterly reports right on TradingView.
Cato Corporation (The) is going to release the next earnings report on Nov 21, 2024. Keep track of upcoming events with our Earnings Calendar.
CATO net income for the last quarter is 104.00 K USD, while the quarter before that showed 10.42 M USD of net income which accounts for −99.00% change. Track more Cato Corporation (The) financial stats to get the full picture.
Yes, CATO dividends are paid quarterly. The last dividend per share was 0.17 USD. As of today, Dividend Yield (TTM)% is 11.18%. Tracking Cato Corporation (The) dividends might help you take more informed decisions.
As of Nov 21, 2024, the company has 7.30 K employees. See our rating of the largest employees — is Cato Corporation (The) on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Cato Corporation (The) EBITDA is −11.49 M USD, and current EBITDA margin is −1.01%. See more stats in Cato Corporation (The) financial statements.
Like other stocks, CATO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Cato Corporation (The) stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Cato Corporation (The) technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Cato Corporation (The) stock shows the sell signal. See more of Cato Corporation (The) technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.