Caterpillar Inc. [NYSE: CAT] stock went on a downward path that fall over -1.41% on Tuesday, amounting to a one-week price increase of more than 3.92%.
Over the last 12 months, CAT stock rose by 3.10%. The one-year Caterpillar Inc. stock forecast points to a potential upside of 12.32. The average equity rating for CAT stock is currently 2.44, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $119.59 billion, with 516.35 million shares outstanding and 508.32 million shares in the current float. Compared to the average trading volume of 2.61M shares, CAT stock reached a trading volume of 4073502 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $267.93 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 2.44. 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.
Citigroup have made an estimate for Caterpillar Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 17, 2023.
The Average True Range (ATR) for Caterpillar Inc. is set at 7.04, with the Price to Sales ratio for CAT stock in the period of the last 12 months amounting to 1.80. The Price to Book ratio for the last quarter was 5.84, with the Price to Cash per share for the same quarter was set at 12.86. Price to Free Cash Flow for CAT in the course of the last twelve months was 13.79 with Quick ratio for the last quarter at 0.92.
CAT Stock Performance Analysis:
Caterpillar Inc. [CAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.92. With this latest performance, CAT shares dropped by -13.41% in over the last four-week period, additionally plugging by 10.04% over the last 6 months – not to mention a rise of 3.10% 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 35.69, with the RSI for the last a single of trading hit 36.06, and the three-weeks RSI is set at 36.76 for Caterpillar Inc. [CAT]. The present Moving Average for the last 50 days of trading for this stock 265.55, while it was recorded at 236.98 for the last single week of trading, and 246.42 for the last 200 days.
Insight into Caterpillar Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Caterpillar Inc. [CAT] shares currently have an operating margin of +15.35 and a Gross Margin at +28.61. Caterpillar Inc.’s Net Margin is presently recorded at +11.28.
Return on Total Capital for CAT is now 16.83, given the latest momentum, and Return on Invested Capital for the company is 15.77. Return on Equity for this stock inclined to 41.45, with Return on Assets sitting at 8.14. When it comes to the capital structure of this company, Caterpillar Inc. [CAT] has a Total Debt to Total Equity ratio set at 236.76. Additionally, CAT Total Debt to Total Capital is recorded at 70.31, with Total Debt to Total Assets ending up at 45.85. Long-Term Debt to Equity for the company is recorded at 164.74, with the Long-Term Debt to Total Capital now at 48.92.
Reflecting on the efficiency of the workforce at the company, Caterpillar Inc. [CAT] managed to generate an average of $61,457 per employee. Receivables Turnover for the company is 3.40 with a Total Asset Turnover recorded at a value of 0.72.Caterpillar Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.92 and a Current Ratio set at 1.45.
CAT Stock EPS
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 10.20%.
Caterpillar Inc. [CAT] Institutonal Ownership Details
The top three institutional holders of CAT stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in CAT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in CAT stock with ownership which is approximately 5.7994%.