Published On: Thu, Mar 17th, 2016

Cato Corporation (The) (NASDAQ:CATO) To Release Earnings

Analysts await Cato Corporation (The) (NASDAQ:CATO) to report earnings on Mar, 17 for the fiscal quarter ending Jan 2016.

They expect $0.34 EPS, up 2.94% or $0.01 from last year’s $0.33 per share.

At the moment 1 analyst is watching Cato Corporation (The) (NASDAQ:CATO), 0 rate it “Buy”, 0 “Outperform”, 1 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Apr-16, 1 analyst has a mean sales target of 296.20 million. For the quarter ending Jul-16, 1 analyst has a mean sales target of 261.60 million whilst for the year ending Jan-16, 1 analyst has a mean target of 1,010.20 million.

In terms of earnings per share, 1 analyst has a 1.24 EPS mean target for the quarter ending Apr-16, for the quarter ending Jul-16, 1 analyst has a 0.64 EPS mean target and for the quarter ending Jul-16 there are 1 estimate of 2.31 EPS.

The biggest institutional shareholders in Cato Corporation (The) include BlackRock Advisors LLC which owns 2 million shares in the company valued at $90.04 million. Vanguard Group Inc is the second biggest holder with 2 million shares currently valued at 79.65 million whilst Royce & Associates, LLC has 2 million shares valued at 70.61 million.

Total shares held by institutions as of the most recent company filings are 19,150,055 with a reported 399,377 bought and 1,312,595 sold. These holdings make up 68.68% of the company’s outstanding shares.

Currently insiders hold 2,588,649 shares in the business which makes up 9.28% of shares. The biggest holder currently is Cato John P D who owns 415,381 shares (1.49% of those outstanding), whilst John R. Howe holds 56,811 (0.20% of shares outstanding) and Sally J. Almason holds 40,858 (0.15% of shares outstanding).

The stock increased 0.30% or $0.11 during the last trading session, hitting $36.75. Cato Corporation (The) (NASDAQ:CATO) has risen 8.19% over the past 6 months and is uptrending.

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