Caterpillar Inc. [CAT] gain 30.13% so far this year. What now?

Caterpillar Inc. [NYSE: CAT] plunged by -$2.6 during the normal trading session on Wednesday and reaching a high of $237.08 during the day while it closed the day at $236.87. The company report on May 19, 2021 that Caterpillar CEO to Participate at Bernstein’s Virtual 37th Annual Conference on June 2; Webcast Available.

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Caterpillar Inc. (NYSE: CAT) Chief Executive Officer Jim Umpleby is expected to participate in a fireside chat and Q&A session with institutional investors at Bernstein’s Virtual 37th Annual Strategic Decisions Conference on Wednesday, June 2, 2021. Mr. Umpleby is scheduled to speak for 45 minutes, beginning at approximately 8 a.m. ET.

The event is expected to be webcast in real-time and available to the public at https://kvgo.com/ab/caterpillar-inc-june-2021.

Caterpillar Inc. stock has also loss -0.19% of its value over the past 7 days. However, CAT stock has inclined by 18.48% in the 3 months of the year. Over the past six months meanwhile, it has gained 36.77% and gained 30.13% year-on date.

The market cap for CAT stock reached $128.60 billion, with 546.40 million shares outstanding and 545.17 million shares in the current float. Compared to the average trading volume of 3.26M shares, CAT reached a trading volume of 3141959 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 $234.49 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 2.60. 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.

Wolfe Research have made an estimate for Caterpillar Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 13, 2021. The new note on the price target was released on January 20, 2021, representing the official price target for Caterpillar Inc. stock. On October 16, 2020, analysts increased their price target for CAT shares from 160 to 220.

The Average True Range (ATR) for Caterpillar Inc. is set at 5.51, with the Price to Sales ratio for CAT stock in the period of the last 12 months amounting to 2.99. The Price to Book ratio for the last quarter was 7.81. Price to Free Cash Flow for CAT in the course of the last twelve months was 32.97 with Quick ratio for the last quarter at 1.10.

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 -0.19. With this latest performance, CAT shares gained by 4.06% in over the last four-week period, additionally plugging by 36.77% over the last 6 months – not to mention a rise of 111.34% 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 52.64, with the RSI for the last a single of trading hit 49.09, and the three-weeks RSI is set at 54.71 for Caterpillar Inc. [CAT]. The present Moving Average for the last 50 days of trading for this stock 231.58, while it was recorded at 240.69 for the last single week of trading, and 186.72 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 +11.93 and a Gross Margin at +27.39. Caterpillar Inc.’s Net Margin is presently recorded at +7.18.

Return on Total Capital for CAT is now 9.39, given the latest momentum, and Return on Invested Capital for the company is 7.21. Return on Equity for this stock inclined to 20.04, with Return on Assets sitting at 3.82. When it comes to the capital structure of this company, Caterpillar Inc. [CAT] has a Total Debt to Total Equity ratio set at 246.45. Additionally, CAT Total Debt to Total Capital is recorded at 71.14, with Total Debt to Total Assets ending up at 48.24. Long-Term Debt to Equity for the company is recorded at 172.57, with the Long-Term Debt to Total Capital now at 49.81.

Reflecting on the efficiency of the workforce at the company, Caterpillar Inc. [CAT] managed to generate an average of $30,812 per employee. Receivables Turnover for the company is 2.41 with a Total Asset Turnover recorded at a value of 0.53.Caterpillar Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Caterpillar Inc. [CAT] stock

With the latest financial reports released by the company, Caterpillar Inc. posted 1.03/share EPS, while the average EPS was predicted by analysts to be reported at 0.64/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 60.90%. 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 19.06%.

Caterpillar Inc. [CAT]: Insider Ownership positions

There are presently around $89,760 million, or 69.50% of CAT stock, in the hands of institutional investors. The top three institutional holders of CAT stocks are: VANGUARD GROUP INC with ownership of 46,269,463, which is approximately 0.149% of the company’s market cap and around 0.20% of the total institutional ownership; STATE STREET CORP, holding 40,946,961 shares of the stock with an approximate value of $9.7 billion in CAT stocks shares; and BLACKROCK INC., currently with $8.25 billion in CAT stock with ownership of nearly -2.202% of the company’s market capitalization.

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Positions in Caterpillar Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 966 institutional holders increased their position in Caterpillar Inc. [NYSE:CAT] by around 23,297,605 shares. Additionally, 833 investors decreased positions by around 20,327,318 shares, while 282 investors held positions by with 335,318,116 shares. The mentioned changes placed institutional holdings at 378,943,039 shares, according to the latest SEC report filing. CAT stock had 224 new institutional investments in for a total of 3,302,717 shares, while 92 institutional investors sold positions of 959,052 shares during the same period.

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