Caterpillar Inc. (CAT)
| Market Cap | 191.91B |
| Revenue (ttm) | 65.66B |
| Net Income (ttm) | 10.68B |
| Shares Out | 482.80M |
| EPS (ttm) | 21.54 |
| PE Ratio | 18.45 |
| Forward PE | 18.63 |
| Dividend | $5.64 (1.42%) |
| Ex-Dividend Date | Oct 21, 2024 |
| Volume | 1,892,634 |
| Open | 390.36 |
| Previous Close | 389.59 |
| Day's Range | 387.89 - 398.16 |
| 52-Week Range | 246.01 - 418.50 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 363.75 (-8.49%) |
| Earnings Date | Oct 30, 2024 |
About CAT
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company’s Resource Industries segment prov... [Read more]
Financial Performance
In 2023, Caterpillar's revenue was $67.06 billion, an increase of 12.84% compared to the previous year's $59.43 billion. Earnings were $10.34 billion, an increase of 54.14%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for CAT stock is "Hold." The 12-month stock price forecast is $363.75, which is a decrease of -8.49% from the latest price.
News
Why Caterpillar Is The Industrial Giant I'm Betting On For The Next Decade
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...
The Big 3: CAT, CVX, WMT
Walmart (WMT) and Caterpillar (CAT) are trading near their all-time highs, but @Theotrade's Don Kaufman is bearish on both. However, a "drill, baby, drill" attitude of the incoming Trump administratio...
Caterpillar Raises Record $15.2 Million in United Way Campaign
Funds will help improve the lives of individuals in communities across the United States, Mexico, Canada and Panama IRVING, Texas , Nov. 18, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) employees...
The Big 3: CAT, RIVN, T
All the names in today's Big 3 show upside potential, but Aquiles Larrea notes resistance they need to break through. He and Rick Ducat break down the technical trends in Caterpillar (CAT), Rivian (RI...
Caterpillar Paves the Way for Future Technology Advancements with Launch of Autonomous Cat® 777 Off-Highway Truck at Luck Stone Quarry
IRVING, Texas , Nov. 7, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced it has successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck. The debut o...
Caterpillar earnings miss on weak equipment sales
Caterpillar's (CAT) third quarter results fell short of Wall Street's expectations. Seana Smith and Josh Schafer examine the results and break down what it signals about the US economy on Catalysts.
Caterpillar Q3: There Are More Pressing Issues Than The Earnings Miss
Caterpillar Inc.'s Q3 results were mixed, with a miss on the top and bottom line, but an overall optimistic outlook for the whole fiscal year. However, the current valuation appears stretched, and lon...
Caterpillar Sales Slide on Weak Industrial Demand
Caterpillar (CAT) shares declined Wednesday when the construction equipment manufacturer posted worse-than-expected results and warned about the future on a slowdown in industrial sector demand.
Caterpillar Inc. (CAT) Q3 2024 Earnings Call Transcript
Caterpillar Inc. (NYSE:CAT) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Ryan Fiedler - Vice President, Investor Relations Jim Umpleby - Chairman & Chief Executiv...
Caterpillar's stock drops as weak equipment sales lead to a rare profit miss
Caterpillar's stock drops after a rare profit miss, while revenue was below expectations for a fourth straight quarter.
Cat Financial Announces Third-Quarter 2024 Results
NASHVILLE, Tenn. , Oct. 30, 2024 /PRNewswire/ -- Cat Financial reported third-quarter 2024 revenues of $888 million, an increase of $42 million, or 5%, compared with $846 million in the third quarter ...
Caterpillar Reports Third-Quarter 2024 Results
Third-quarter 2024 profit per share of $5.06; adjusted profit per share of $5.17 Enterprise operating cash flow was $3.6 billion in the third quarter of 2024 Deployed $1.5 billion of cash for share re...
Caterpillar Investors Want to See Earnings Growth. They Might Not Get It.
For the third quarter, Wall Street is looking for earnings per share of $5.35 from sales of $16.4 billion, according to FactSet.
Should You Pick Caterpillar Stock Ahead Of Q3?
Caterpillar (NYSE: CAT) will report its Q3 2024 results on Tuesday, October 29. We expect the company's revenues to come in at $16.2 billion and adjusted earnings of $5.36 per share, broadly aligning ...
Caterpillar: 4 Major CATalysts
Caterpillar (CAT) reached new all-time highs in September. Earnings are steady despite tough conditions; upcoming report may cause volatility but won't alter CAT's strong performance and profitability...
Ex-Dividend Reminder: Caterpillar, Graco And Costamare
On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its q...
Caterpillar Inc. to Announce Third-Quarter 2024 Financial Results
IRVING, Texas , Oct. 16, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release third-quarter 2024 financial results at 5:30 a.m. CDT on Wednesday, Oct. 30.
Caterpillar Stock Slips as Analysts Worry About 'Bloated' Inventories
Shares of Caterpillar (CAT) slid 2% Monday as analysts at Morgan Stanley downgraded the stock and lowered their price target, citing pressure on the company's construction industries segment.
Stock Market Today: Stocks at Record Highs as Earnings Season Ramps Up
Markets continued where they left off last week amid rising optimism over corporate profits.
3-Stock Lunch: Caterpillar, Vistra Corp & Canada Goose
Victoria Greene, G Squared Private Wealth CIO, joins 'Power Lunch' to discuss stock plays for three stocks.
Calls of the Day: Amgen, Albemarle, Tesla, Broadcom and Caterpillar
The Investment Committee discuss the latest Calls Of The Day.
AAPL Bull Note, BA Cuts Workforce, CAT Downgrade & FLUT Upgrade
Evercore ISI believes Apple (AAPL) is "well positioned to outperform against low expectations" thanks to bearish sentiment. Boeing (BA) announced it will cut 10% of its workforce as factory workers st...
Cramer's Mad Dash: Caterpillar.
CNBC's Jim Cramer delivers his daily Mad Dash.
This Caterpillar Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Caterpillar Stock Is Falling. Morgan Stanley Is Now Bearish.
Morgan Stanley analyst Angel Castillo downgraded Caterpillar stock to Sell from Hold, and his price target slipped to $332 from $349.