Cato Corp’s (NASDAQ:CATO) same store sales rose 14% in the month of January, Analyst Ratings Network.com
reports. The company beat analysts’ estimates of a 6% year-over-year
increase in sales. Cato Corp’s shares dropped by 0.3% in the first
full-day of trading following the news.
Separately, analysts at MKM Partners reiterated a “neutral” rating and set a $35.00 price target on shares of Cato Corp in a research note on Friday, November 21st.
Cato Corp (NASDAQ:CATO) remained flat at $44.49 during during mid-day trading trading on Friday. The stock had a trading volume of 104,313 shares. Cato Corp has a 1-year low of $25.67 and a 1-year high of $44.88. The stock has a 50-day moving average of $43.2 and a 200-day moving average of $37.69. The company has a market cap of $1.217 billion and a P/E ratio of 22.98.
Cato Corp (NASDAQ:CATO) last issued its quarterly earnings data on Thursday, November 20th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.04. The company had revenue of $213.80 million for the quarter, compared to the consensus estimate of $215.90 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. Analysts expect that Cato Corp will post $2.09 EPS for the current fiscal year.
Read more Click here / www.trade4x.net
Separately, analysts at MKM Partners reiterated a “neutral” rating and set a $35.00 price target on shares of Cato Corp in a research note on Friday, November 21st.
Cato Corp (NASDAQ:CATO) remained flat at $44.49 during during mid-day trading trading on Friday. The stock had a trading volume of 104,313 shares. Cato Corp has a 1-year low of $25.67 and a 1-year high of $44.88. The stock has a 50-day moving average of $43.2 and a 200-day moving average of $37.69. The company has a market cap of $1.217 billion and a P/E ratio of 22.98.
Cato Corp (NASDAQ:CATO) last issued its quarterly earnings data on Thursday, November 20th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.04. The company had revenue of $213.80 million for the quarter, compared to the consensus estimate of $215.90 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. Analysts expect that Cato Corp will post $2.09 EPS for the current fiscal year.
Read more Click here / www.trade4x.net
No comments:
Post a Comment