Caterpillar Inc. (NYSE:CAT) went down by -1.88% from its latest closing price compared to the recent 1-year high of $246.69. The company’s stock price has collected -2.83% of loss in the last five trading sessions. Press Release reported 4 hours ago that Rio Tinto Teams Up with Caterpillar for Zero-Emissions Autonomous Trucks
Is It Worth Investing in Caterpillar Inc. (NYSE :CAT) Right Now?
Caterpillar Inc. (NYSE:CAT) scored a price-to-earnings ratio above its average ratio, recording 25.85 x from its present earnings ratio. Plus, the 36-month beta value for CAT is at 0.90. Opinions of the stock are interesting as 9 analysts out of 26 who provided ratings for Caterpillar Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 12 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $236.00, which is $28.97 above the current price. CAT currently public float of 546.43M and currently shorts hold a 1.34% ratio of that float. Today, the average trading volume of CAT was 3.68M shares.
CAT’s Market Performance
CAT stocks went down by -2.83% for the week, with a monthly drop of -7.43% and a quarterly performance of -7.81%, while its annual performance rate touched 31.80%. The volatility ratio for the week stands at 1.77% while the volatility levels for the past 30 days are set at 1.75% for Caterpillar Inc.. The simple moving average for the period of the last 20 days is -3.54% for CAT stocks with a simple moving average of -4.55% for the last 200 days.
Analysts’ Opinion of CAT
Many brokerage firms have already submitted their reports for CAT stocks, with Wolfe Research repeating the rating for CAT by listing it as a “Outperform.” The predicted price for CAT in the upcoming period, according to Wolfe Research is $265 based on the research report published on April 13th of the current year 2021.
CAT Trading at -4.06% from the 50-Day Moving Average
After a stumble in the market that brought CAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.98% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -7.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.09% lower at present.
During the last 5 trading sessions, CAT fell by -2.83%, which changed the moving average for the period of 200-days by +15.86% in comparison to the 20-day moving average, which settled at $208.98. In addition, Caterpillar Inc. saw 11.16% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CAT starting from MacLennan David, who purchase 500 shares at the price of $206.20 back on Aug 04. After this action, MacLennan David now owns 1,392 shares of Caterpillar Inc., valued at $103,100 using the latest closing price.
Creed Joseph E, the Group President of Caterpillar Inc., sale 7,699 shares at $245.12 during a trade that took place back on Jun 04, which means that Creed Joseph E is holding 6,047 shares at $1,887,179 based on the most recent closing price.
Stock Fundamentals for CAT
Current profitability levels for the company are sitting at:
- +11.93 for the present operating margin
- +27.39 for the gross margin
The net margin for Caterpillar Inc. stands at +7.18. The total capital return value is set at 9.39, while invested capital returns managed to touch 7.21. Equity return is now at value 27.60, with 5.50 for asset returns.
Based on Caterpillar Inc. (CAT), the company’s capital structure generated 246.45 points at debt to equity in total, while total debt to capital is 71.14. Total debt to assets is 48.24, with long-term debt to equity ratio resting at 172.57. Finally, the long-term debt to capital ratio is 49.81.
When we switch over and look at the enterprise to sales, we see a ratio of 3.07, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 2.41 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.