The stock of Caterpillar Inc (CAT) has seen a 5.51% increase in the past week, with a 5.10% gain in the past month, and a 15.53% flourish in the past quarter. The volatility ratio for the week is 2.26%, and the volatility levels for the past 30 days are at 2.12% for CAT. The simple moving average for the last 20 days is 4.15% for CAT stock, with a simple moving average of 14.71% for the last 200 days.
Is It Worth Investing in Caterpillar Inc (NYSE: CAT) Right Now?
Caterpillar Inc (NYSE: CAT) has a price-to-earnings ratio of 18.81x that is above its average ratio. Additionally, the 36-month beta value for CAT is 1.09. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 rating it as “hold,” and 6 rating it as “sell.”
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
The public float for CAT is 481.84M and currently, short sellers hold a 2.20% ratio of that float. The average trading volume of CAT on November 26, 2024 was 2.31M shares.
CAT) stock’s latest price update
The stock price of Caterpillar Inc (NYSE: CAT) has surged by 2.05 when compared to previous closing price of 397.49, but the company has seen a 5.51% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-23 that Caterpillar’s resilience against cyclical headwinds is impressive, driven by innovation, a strong balance sheet, and a commitment to shareholder value. Despite short-term revenue declines, Caterpillar’s focus on AI, connected assets, and digital tools positions it for long-term growth. Strong dividend growth and aggressive buybacks enhance shareholder value, with a 31-year streak of dividend hikes and a healthy payout ratio.
Analysts’ Opinion of CAT
Many brokerage firms have already submitted their reports for CAT stocks, with Evercore ISI repeating the rating for CAT by listing it as a “Underperform.” The predicted price for CAT in the upcoming period, according to Evercore ISI is $365 based on the research report published on November 13, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see CAT reach a price target of $332, previously predicting the price at $349. The rating they have provided for CAT stocks is “Underweight” according to the report published on October 14th, 2024.
CAT Trading at 4.56% 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 -3.07% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares surge +3.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.58% upper at present.
During the last 5 trading sessions, CAT rose by +5.51%, which changed the moving average for the period of 200-days by +27.90% in comparison to the 20-day moving average, which settled at $389.50. In addition, Caterpillar Inc saw 37.20% 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 Andrew Bonfield, who proposed sale 20,000 shares at the price of $397.49 back on Nov 25 ’24. After this action, Andrew Bonfield now owns shares of Caterpillar Inc, valued at $7,949,800 using the latest closing price.
SCHWAB SUSAN C, the Director of Caterpillar Inc, sale 2 shares at $383.20 during a trade that took place back on Nov 15 ’24, which means that SCHWAB SUSAN C is holding 10,846 shares at $766 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 0.16. The total capital return value is set at 0.25. Equity return is now at value 53.54, with 12.34 for asset returns.
Based on Caterpillar Inc (CAT), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.95. The interest coverage ratio of the stock is 25.49.
Currently, EBITDA for the company is 15.71 billion with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 3.47. The receivables turnover for the company is 3.43for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
In conclusion, Caterpillar Inc (CAT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
