Added to YB: 2024-12-23
Pitch date: 2024-11-07
CATO [bullish]
The Cato Corporation
-51.67%
current return
Author Info
No bio for this author
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
$56.9M
Pitch Price
$6.29
Price Target
15.00 (+393%)
Dividend
N/A
EV/EBITDA
2.24
P/E
-6.08
EV/Sales
0.21
Sector
Specialty Retail
Category
turnaround
The Cato Corporation - $CATO
CATO: Women's clothing retailer with 1,164 stores. $105M cash, no debt, valuable real estate. Struggling due to economic pressures on core customers. Market cap $130M at $6/share. Thesis: cycle turns, profitability returns, $13-$15 target. Downside protected by assets. Catalysts: economic improvement, real estate sales.
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