The price-to-earnings ratio for Caterpillar Inc. (NYSE: CAT) is above average at 17.79x, Company’s 36-month beta value is 1.09.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 2 as “sell.”
The public float for CAT is 483.94M, and currently, short sellers hold a 2.43% ratio of that floaft. The average trading volume of CAT on October 22, 2024 was 2.47M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CAT) stock’s latest price update
Caterpillar Inc. (NYSE: CAT)’s stock price has gone decline by -0.86 in comparison to its previous close of 393.86, however, the company has experienced a -0.88% decrease in its stock price over the last five trading days. zacks.com reported 2024-10-21 that The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
CAT’s Market Performance
CAT’s stock has fallen by -0.88% in the past week, with a monthly rise of 5.87% and a quarterly rise of 13.46%. The volatility ratio for the week is 1.40% while the volatility levels for the last 30 days are 1.86% for Caterpillar Inc. The simple moving average for the past 20 days is -0.48% for CAT’s stock, with a 14.03% simple moving average for the past 200 days.
Analysts’ Opinion of CAT
Many brokerage firms have already submitted their reports for CAT stocks, with Morgan Stanley repeating the rating for CAT by listing it as a “Underweight.” The predicted price for CAT in the upcoming period, according to Morgan Stanley is $332 based on the research report published on October 14, 2024 of the current year 2024.
Citigroup gave a rating of “Buy” to CAT, setting the target price at $380 in the report published on June 26th of the current year.
CAT Trading at 7.12% 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 -3.25% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 1.40%, as shares surge +5.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.44% upper at present.
During the last 5 trading sessions, CAT fell by -0.88%, which changed the moving average for the period of 200-days by +36.48% in comparison to the 20-day moving average, which settled at $392.37. In addition, Caterpillar Inc. saw 32.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CAT starting from Johnson Gerald, who purchase 100 shares at the price of $338.59 back on Sep 04 ’24. After this action, Johnson Gerald now owns 2,842 shares of Caterpillar Inc., valued at $33,859 using the latest closing price.
Fassino Anthony D., the Group President of Caterpillar Inc., sale 3,185 shares at $351.36 during a trade that took place back on Aug 30 ’24, which means that Fassino Anthony D. is holding 33,442 shares at $1,119,082 based on the most recent closing price.
Stock Fundamentals for CAT
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.36 for the gross margin
The net margin for Caterpillar Inc. stands at 0.17. The total capital return value is set at 0.28. Equity return is now at value 62.25, with 13.04 for asset returns.
Based on Caterpillar Inc. (CAT), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 2.18. The interest coverage ratio of the stock is 25.86.
Currently, EBITDA for the company is 15.97 billion with net debt to EBITDA at 2.04. When we switch over and look at the enterprise to sales, we see a ratio of 3.35. The receivables turnover for the company is 3.46for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In a nutshell, Caterpillar Inc. (CAT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
