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. With a performance of 3.91%, the BUY prediction by Subdi for Cato Corp. A closed with a slight gain. Subdi has 60% into this predictionPerformance without dividends (%)
Name | 1w | 1m | 1y | 3y |
---|---|---|---|---|
Cato Corp. A | -0.532% | -0.532% | -45.000% | -74.028% |
iShares Core DAX® | 2.291% | 2.984% | 20.344% | 20.143% |
iShares Nasdaq 100 | 1.336% | -0.196% | 25.550% | 37.734% |
iShares Nikkei 225® | 1.132% | 2.488% | 13.163% | 1.261% |
iShares S&P 500 | 1.272% | 1.334% | 24.544% | 40.521% |
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 gesetzt auf 12,0
Kursziel geändert auf 18,0