Caterpillar Inc. [NYSE: CAT] closed the trading session at $123.15 on 06/12/20. The day’s price range saw the stock hit a low of $119.35, while the highest price level was $125.165. The stocks have a year to date performance of -16.61 percent and weekly performance of -8.86 percent. The stock has been moved at -14.48 percent over the last six months. The stock has performed 17.87 percent around the most recent 30 days and changed 23.59 percent over the most recent 3-months.
If compared to the average trading volume of 5.34M shares, CAT reached to a volume of 4350214 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Caterpillar Inc. [CAT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAT shares is $126.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CAT stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Caterpillar Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on June 12, 2020. The new note on the price target was released on June 09, 2020, representing the official price target for Caterpillar Inc. stock. Previously, the target price had yet another raise to $93, while Morgan Stanley analysts kept a Underweight rating on CAT stock.
The Average True Range (ATR) for Caterpillar Inc. is set at 5.08, with the Price to Sales ratio for CAT stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 4.74, with the Price to Cash per share for the same quarter was set at 13.34. Price to Free Cash Flow for CAT in the course of the last twelve months was 17.85 with Quick ratio for the last quarter at 1.00.
CAT stock trade performance evaluation
Caterpillar Inc. [CAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.86. With this latest performance, CAT shares gained by 17.87% in over the last four-week period, additionally sinking by -14.48% over the last 6 months – not to mention a drop of -3.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CAT stock in for the last two-week period is set at 52.27, with the RSI for the last a single of trading hit 48.06, and the three-weeks RSI is set at 52.61 for Caterpillar Inc. [CAT]. The present Moving Average for the last 50 days of trading for this stock 116.96, while it was recorded at 129.81 for the last single week of trading, and 128.57 for the last 200 days.
Caterpillar Inc. [CAT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Caterpillar Inc. [CAT] shares currently have an operating margin of +15.79 and a Gross Margin at +29.17. Caterpillar Inc.’s Net Margin is presently recorded at +11.33.
Return on Total Capital for CAT is now 16.40, given the latest momentum, and Return on Invested Capital for the company is 15.16. Return on Equity for this stock inclined to 42.57, with Return on Assets sitting at 7.76. When it comes to the capital structure of this company, Caterpillar Inc. [CAT] has a Total Debt to Total Equity ratio set at 262.48. Additionally, CAT Total Debt to Total Capital is recorded at 72.41, with Total Debt to Total Assets ending up at 48.81. Long-Term Debt to Equity for the company is recorded at 183.32, with the Long-Term Debt to Total Capital now at 50.57.
Reflecting on the efficiency of the workforce at the company, Caterpillar Inc. [CAT] managed to generate an average of $59,560 per employee. Receivables Turnover for the company is 3.04 with a Total Asset Turnover recorded at a value of 0.69.Caterpillar Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.40.
Earnings per share (EPS) analysis for Caterpillar Inc. [CAT] stock
With the latest financial reports released by the company, Caterpillar Inc. posted 2.83/share EPS, while the average EPS was predicted by analysts to be reported at 3.12/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -9.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Caterpillar Inc. go to -6.92%.
Caterpillar Inc. [CAT]: Insider Ownership positions
There are presently around $43,479 million, or 66.50% of CAT stock, in the hands of institutional investors. The top three institutional holders of CAT stocks are: VANGUARD GROUP INC with ownership of 50,128,047, which is approximately 1.971% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 34,844,618 shares of the stock with an approximate value of $4.29 billion in CAT stocks shares; and STATE STREET CORP, currently with $3.59 billion in CAT stock with ownership of nearly -34.968% of the company’s market capitalization.
669 institutional holders increased their position in Caterpillar Inc. [NYSE:CAT] by around 21,547,855 shares. Additionally, 881 investors decreased positions by around 38,683,216 shares, while 198 investors held positions by with 292,827,535 shares. The mentioned changes placed institutional holdings at 353,058,606 shares, according to the latest SEC report filing. CAT stock had 103 new institutional investments in for a total of 2,439,602 shares, while 244 institutional investors sold positions of 4,238,180 shares during the same period.