Caterpillar (CAT) Stock Declines While Market Improves: Some Information for Investors

11.04.24 23:45 Uhr

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330,00 EUR -4,00 EUR -1,20%

Indizes

PKT PKT

39.862,9 PKT -10,1 PKT -0,03%

15.496,1 PKT 30,5 PKT 0,20%

2.535,1 PKT -0,6 PKT -0,02%

5.321,0 PKT -0,4 PKT -0,01%

Caterpillar (CAT) closed the most recent trading day at $371.98, moving -0.02% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.74%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq added 1.68%.The construction equipment company's stock has climbed by 8.95% in the past month, exceeding the Industrial Products sector's gain of 3.51% and the S&P 500's gain of 0.8%.The investment community will be paying close attention to the earnings performance of Caterpillar in its upcoming release. In that report, analysts expect Caterpillar to post earnings of $5.11 per share. This would mark year-over-year growth of 4.07%. Our most recent consensus estimate is calling for quarterly revenue of $15.99 billion, up 0.78% from the year-ago period.For the full year, the Zacks Consensus Estimates project earnings of $21.33 per share and a revenue of $67.61 billion, demonstrating changes of +0.57% and +0.82%, respectively, from the preceding year.It's also important for investors to be aware of any recent modifications to analyst estimates for Caterpillar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.49% increase. Caterpillar is currently sporting a Zacks Rank of #2 (Buy).Looking at its valuation, Caterpillar is holding a Forward P/E ratio of 17.44. This signifies a premium in comparison to the average Forward P/E of 10.77 for its industry.We can also see that CAT currently has a PEG ratio of 1.66. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Manufacturing - Construction and Mining industry currently had an average PEG ratio of 1.04 as of yesterday's close.The Manufacturing - Construction and Mining industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 69, finds itself in the top 28% echelons of all 250+ industries.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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Nachrichten zu Caterpillar Inc.

Analysen zu Caterpillar Inc.

DatumRatingAnalyst
31.10.2023Caterpillar OverweightJP Morgan Chase & Co.
01.07.2020Caterpillar buyDeutsche Bank AG
29.04.2020Caterpillar overweightJP Morgan Chase & Co.
28.04.2020Caterpillar buyGoldman Sachs Group Inc.
24.10.2019Caterpillar overweightJP Morgan Chase & Co.
DatumRatingAnalyst
31.10.2023Caterpillar OverweightJP Morgan Chase & Co.
01.07.2020Caterpillar buyDeutsche Bank AG
29.04.2020Caterpillar overweightJP Morgan Chase & Co.
28.04.2020Caterpillar buyGoldman Sachs Group Inc.
24.10.2019Caterpillar overweightJP Morgan Chase & Co.
DatumRatingAnalyst
03.04.2019Caterpillar HoldDeutsche Bank AG
26.12.2018Caterpillar AccumulateStandpoint Research
07.09.2018Caterpillar PerformOppenheimer & Co. Inc.
31.07.2018Caterpillar Equal WeightBarclays Capital
25.10.2017Caterpillar Sector PerformRBC Capital Markets
DatumRatingAnalyst
26.02.2019Caterpillar SellUBS AG
26.01.2017Caterpillar SellStandpoint Research
25.01.2016Caterpillar SellGoldman Sachs Group Inc.
05.01.2015Caterpillar UnderweightJP Morgan Chase & Co.
01.02.2010Caterpillar nicht anfassenFrankfurter Tagesdienst

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Caterpillar Inc. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"