John Cato - Cato Chairman

CATO Stock  USD 4.95  0.18  3.77%   

Chairman

Mr. John P. Derham Cato is Chairman of the Board, President, Chief Executive Officer of the Company. He was employed as an officer of the Company since 1981 and was a director of the Company since 1986. Since January 2004, he has served as Chairman, President and Chief Executive Officer. From May 1999 to January 2004, he served as President, Vice Chairman of the Board and Chief Executive Officer. From June 1997 to May 1999, he served as President, Vice Chairman of the Board and Chief Operating Officer. From August 1996 to June 1997, he served as Vice Chairman of the Board and Chief Operating Officer. From 1989 to 1996, he managed the Companys offprice concept, serving as Executive Vice President and as President and General Manager of the Its Fashion concept from 1993 to August 1996. Mr. Cato is a former director of Harris Teeter Supermarkets, Inc., formerly Ruddick Corporationrationration. since 2004.
Age 74
Tenure 20 years
Address 8100 Denmark Road, Charlotte, NC, United States, 28273-5975
Phone704-554-8510
Webhttps://www.catofashions.com
Cato previously served as a director of Harris Teeter Supermarkets, Inc., formerly Ruddick Corporationrationrationration. The Board concluded that Mr. Cato is qualified to serve as a Board member based on his knowledge of all aspects of the Company’s business and his substantial experience on and contributions to the Company’s Board, among other skills and attributes.

John Cato Latest Insider Activity

Tracking and analyzing the buying and selling activities of John Cato against Cato stock is an integral part of due diligence when investing in Cato. John Cato insider activity provides valuable insight into whether Cato is net buyers or sellers over its current business cycle. Note, Cato insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cato'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Cato Management Efficiency

The company has return on total asset (ROA) of (0.0227) % which means that it has lost $0.0227 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1143) %, meaning that it created substantial loss on money invested by shareholders. Cato's management efficiency ratios could be used to measure how well Cato manages its routine affairs as well as how well it operates its assets and liabilities. As of the 4th of May 2024, Return On Tangible Assets is likely to grow to 0.1. Also, Return On Capital Employed is likely to grow to 0.21. At this time, Cato's Intangibles To Total Assets are very stable compared to the past year. As of the 4th of May 2024, Fixed Asset Turnover is likely to grow to 7.30, while Total Assets are likely to drop about 413.9 M.
The company currently holds 153.12 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Cato has a current ratio of 1.5, which is within standard range for the sector. Debt can assist Cato until it has trouble settling it off, either with new capital or with free cash flow. So, Cato's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cato sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cato to invest in growth at high rates of return. When we think about Cato's use of debt, we should always consider it together with cash and equity.

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The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina. Cato Corp operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 7500 people. Cato Corporation (CATO) is traded on New York Stock Exchange in USA. It is located in 8100 Denmark Road, Charlotte, NC, United States, 28273-5975 and employs 7,300 people. Cato is listed under Specialty Retail category by Fama And French industry classification.

Management Performance

Cato Leadership Team

Elected by the shareholders, the Cato's board of directors comprises two types of representatives: Cato inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cato. The board's role is to monitor Cato's management team and ensure that shareholders' interests are well served. Cato's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cato's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Cato, Chairman of the Board, President, Chief Executive Officer
Michael Greer, Executive VP and Director of Stores
Shawn Smith, Sec
John Howe, Chief Financial Officer and Executive Vice President
Christin Reische, Assistant Secretary
Thomas Henson, Independent Director
Daniel Stowe, Independent Director
Edward Weisiger, Independent Director
Pamela Davies, Independent Director
Bailey Patrick, Independent Director
Sally Almason, Executive VP of Merchandising Cato and Versona Concepts
Gordon Smith, Executive Vice President, Chief Real Estate and Store Development Officer
Woody Cozart, VP Division
J Fagan, VP Counsel
Jeffrey Shock, Senior Controller
Thomas Meckley, Independent Director
Stephen Headley, Senior Support
Stevens Staes, Secretary
Harding Stowe, Independent Director
Charles Knight, Chief Financial Officer, Executive Vice President
Theresa Drew, Independent Director
Bryan Kennedy, Lead Independent Director
Daniel Harding, Independent Director

Cato Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cato a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cato

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cato position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cato will appreciate offsetting losses from the drop in the long position's value.

Moving against Cato Stock

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The ability to find closely correlated positions to Cato could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cato when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cato - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cato Corporation to buy it.
The correlation of Cato is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cato moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cato moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cato can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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When running Cato's price analysis, check to measure Cato's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cato is operating at the current time. Most of Cato's value examination focuses on studying past and present price action to predict the probability of Cato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cato's price. Additionally, you may evaluate how the addition of Cato to your portfolios can decrease your overall portfolio volatility.
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Is Cato's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cato. If investors know Cato will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cato listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
0.68
Earnings Share
(1.17)
Revenue Per Share
36.517
Quarterly Revenue Growth
(0.02)
The market value of Cato is measured differently than its book value, which is the value of Cato that is recorded on the company's balance sheet. Investors also form their own opinion of Cato's value that differs from its market value or its book value, called intrinsic value, which is Cato's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cato's market value can be influenced by many factors that don't directly affect Cato's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cato's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.