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How to Buy Cato Stock

Cato Corp

Cato is a apparel company located in North Carolina, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CATO on the NYSE exchange.

Cato stock last closed at $5.50, up 2.04% from the previous day, and has decreased 31.85% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.54 percentage points. Cato stock is currently +20.61% from its 52-week low of $4.56, and -37.36% from its 52-week high of $8.78.

There are currently 20.56M shares of CATO outstanding. The market cap of CATO is $113.05M. In the last 24 hours, 90,637 CATO shares were traded.

How to Buy Cato Stock

Not sure how to invest in Cato stock? Here's how.
  1. Choose where to buy Cato stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Cato stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. Research Cato stock: The Cato ticker symbol is CATO. Is Cato stock a good investment? Should you buy shares of CATO? How do CATO's underlying business fundamentals look? Do top analysts think Cato is a good buy? Why has CATO's stock price moved recently? (Hint: Our stock research website can help you evaluate if CATO is a good stock to buy).
  5. Execute your CATO purchase: Decide if you will purchase CATO shares at the current market price or use a limit order to buy CATO stock at a specific price.
  6. Get updates on your investment in CATO: Create a watchlist to the latest updates on your position in Cato shares.

Step 1: Choose where to buy Cato stock

You need a brokerage account in order to access the NYSE market and buy CATO shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Based on our experience, eToro is the best stock brokerage. eToro gives you:

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  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
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Step 2: Create your brokerage account

Now that you've selected your brokerage, you need to fill out some personal details so you are able to invest in CATO today.

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  2. Enter your personal details to start a new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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Step 3: Fund your investment account

Now that you have filled out your info on the greatest app to buy stocks, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring funds into your brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Cato stock

After you have chosen the best place to buy Cato stock, it's crucial to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.

Cato Metrics

CATO Price
$5.50
1w %
5.97%
1y %
-31.85%
5y %
-61.16%
P/E
-6.47x
P/B
0.57x
P/S
0.16x
PEG
N/A
Revenue
$693.11M
Earnings
-$17.39M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$113.05M
Next Earnings
Aug 15, 2024
Next Dividend
N/A

CATO Due Diligence Checks

WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CATO's stock page.

How is CATO stock valued?

You can use many financial metrics, analyses, models, and charts to gauge CATO's fair value.

Using relative valuations methods:

  • CATO may be undervalued based on its P/B ratio of 0.57x, relative to Apparel Retail industry P/B ratio of 7.94x

You can access more valuation analysis on CATO's stock here.

CATO Financial Summary

Pros:

  • There are more short-term assets than short-term liabilities on the CATO balance sheet.
  • There are more short-term assets than long-term liabilities on the CATO balance sheet.
  • CATO has cash burn of 13335000. It has sufficient cash and short-term investments to cover this for at least one year.
  • CATO has $108.88M in cash and short term investments. This is enough to cover its annual cash burn of $13.34M.

Cons:

  • Total CATO debt is higher than 5 years ago, relative to shareholder equity.
  • CATO has a relatively high debt to equity ratio of 1.42.
  • CATO profit margin has gone down from -0.7% to -2.5% in the past year.

CATO Momentum

SMA10
5.28
SMA20
5.55
SMA50
5.51
SMA100
5.63
SMA200
6.36
MACD
-0.1
MACD Signal
-0.07
MACD Histogram
-0.03
RSI
49.64
Stochastic %K
19.58
Stochastic %D
11.29
StochRSI %K
29.97
StochRSI %D
15.47

Is CATO Making Money?

Last year, CATO revenue was $693.11M. During the past 5 year, CATO's revenue has increased by -3.35% per year. This was slower than the Apparel Retail industry average of 8.16%.

Find out more about CATO's earnings and revenue performance here.

Who is buying/selling CATO?

Over the past 12 months, executives and large shareholders at CATO have sold more shares than they have bought.

Cathy Bailey, SVP GMM CATO DIV of CATO, was the latest CATO insider to sell. They sold $15,922.20 worth of CATO shares on May 1, 2024.

Dig into more about who owns CATO shares here.

Can I rely on CATO as an income stream?

Cato pays a dividend of 12.36%, compared to the Apparel Retail industry's average dividend yield of 3.66%. If you owned $1,000 of CATO stock, you would have been paid $123.64 in the past 12 months.

Cato dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more data about Cato dividend yield and history here.

What do other investors have to say about CATO?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your CATO purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open button and your broker will execute your order.

If you want additional help with investing in stocks on eToro, click the how to video below:

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Step 6: Get updates on your investment in CATO

Now that you own some shares in CATO, you'll want to keep up with your new shares.

Put CATO on a watchlist to get the latest updates about your CATO stock.

CATO Feed

How to Buy Stock in Cato

To reiterate, here are the 6 steps to buy stock in Cato:

  1. Choose where to buy Cato stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Research Cato stock
  5. Execute your CATO purchase
  6. Get updates on your investment in CATO

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Cato, get started below.

NYSE: CATO
$5.50+0.11 (+2.04%)
Updated Jul 12, 2024
Open eToro Account
NYSE: CATO
$5.50+0.11 (+2.04%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cato share?

As of Jul 12, 2024, it costs $5.50 to buy one share of Cato stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.364 shares of CATO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Cato stock?

One way to place an order for Cato stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.