Cato (NYSE:CATO) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Posted by Max Byerly on Aug 5th, 2026

Cato Corporation (The) (NYSE:CATO – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.11 and traded as high as $3.53. Cato shares last traded at $3.4640, with a volume of 51,846 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Cato from a “sell (e+)” rating to a “sell (d)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on CATO

Cato Price Performance

The stock has a 50 day moving average of $3.27 and a two-hundred day moving average of $3.11. The stock has a market capitalization of $68.36 million, a PE ratio of -342.16 and a beta of 0.57.

Cato (NYSE:CATO – Get Free Report) last released its quarterly earnings data on Tuesday, May 26th. The specialty retailer reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $171.10 million during the quarter. Cato had a return on equity of 0.05% and a net margin of 0.01%.

Institutional Investors Weigh In On Cato

A hedge fund recently raised its stake in Cato stock. Goldman Sachs Group Inc. boosted its position in Cato Corporation (The) (NYSE:CATO – Free Report) by 76.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,437 shares of the specialty retailer’s stock after purchasing an additional 20,521 shares during the period. Goldman Sachs Group Inc. owned about 0.24% of Cato worth $158,000 as of its most recent SEC filing. Institutional investors own 61.10% of the company’s stock.

Cato Company Profile

(Get Free Report)

Cato Corporation is a specialty apparel retailer headquartered in Charlotte, North Carolina. Founded in 1946 by Carl and Bernice Cato, the company operates two banner store concepts—Cato and Versona—and maintains an e-commerce platform to extend its reach beyond brick-and-mortar locations. Cato’s retail mission centers on providing fashionable women’s clothing and accessories at moderate price points.

With over 1,200 stores across more than 30 U.S. states, primarily concentrated in the Southeastern and Mid-Atlantic regions, Cato serves a broad customer base seeking everyday and occasion-driven wardrobe solutions.