Cato Corp. A buy Subdi
Start price
30.01.21
/
60%
€8.95
Target price
29.10.24
€18.00
Performance (%)
3.91%
End price
15.01.23
€9.30
Summary
This prediction ended on 15.01.23 with a price of €9.30. The BUY prediction by Subdi finished with a performance of 3.91%. Subdi has 60% into this predictionPerformance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Cato Corp. A | 2.985% | 2.985% | -10.390% | -66.341% |
| iShares Core DAX® | 0.060% | 1.215% | 18.128% | 70.406% |
| iShares Nasdaq 100 | -3.065% | -0.519% | 2.080% | 103.787% |
| iShares Nikkei 225® | -2.094% | -3.066% | 11.655% | 45.417% |
| iShares S&P 500 | -1.657% | -0.069% | 1.103% | 64.908% |
Comments by Subdi for this prediction
In the thread Cato Corp. A diskutieren
Cato: Debt-Free Retailer With Fortress Balance Sheet And Hidden Real Estate
Dec. 29, 2020 6:00 AM ET
Summary
- Cato’s fortress balance sheet including over $150 million in net cash and $27 million in expected income tax refunds provides certainty that the company can survive a prolonged COVID-19 downturn.
- The company’s competitors are collapsing, as COVID-19 has forced many to close stores or declare bankruptcy.
- Cato owns hidden real estate assets that are worth more than the company’s enterprise value, including a 350-acre mixed-use development and 185 acres of industrial land.
- The company’s valuation is extremely compelling, with Cato trading under 1.0x normalized EV/EBITDA and a normalized FCF yield of ~100%.
- The company has repurchased $9.7 million shares of its common stock during the pandemic and increased the program by an additional 1.5 million shares on November 19. A reinstated dividend could be next.
Kursziel geändert auf 18,0