Cato Stock Target Price and Analyst Consensus

CATO Stock  USD 3.19  0.22  6.45%   
The current analyst and expert consensus on Cato is Strong Sell, with no strong buy opinions. The current projected Cato target price consensus is 23.00 with 0 analyst opinions. Check out Macroaxis Advice on Cato to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Cato analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cato executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Cato. We encourage you to use your own analysis of Cato to validate this buy or sell advice. Cato buy-or-sell recommendation module provides average expert sentiment on the projected Cato target price to derive its highest and lowest estimates based on projected price volatility of 5.3666.
Lowest Forecast
20.93
Highest Forecast
25.53
Target Price
23
As of the 28th of November 2024, Gross Profit is likely to grow to about 251.3 M. Also, Pretax Profit Margin is likely to grow to 0.09. At this time, Cato's Cash And Short Term Investments are very stable compared to the past year. As of the 28th of November 2024, Net Receivables is likely to grow to about 42.5 M, while Total Assets are likely to drop about 413.9 M.
  
It's important to approach Cato's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cato price targets

Cato's stock target price is an estimate of its future price, usually made by analysts. Using Cato's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cato's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cato's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cato Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cato is a key component of Cato valuation and have some predictive power on the future returns of a Cato.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cato's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.173.398.72
Details
Intrinsic
Valuation
LowRealHigh
2.788.1113.44
Details
Naive
Forecast
LowNextHigh
0.042.047.37
Details

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When determining whether Cato offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cato's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cato Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cato Corporation Stock:
Check out Macroaxis Advice on Cato to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.