Caterpillar Inc. (CAT)
| Market Cap | 171.48B |
| Revenue (ttm) | 67.06B |
| Net Income (ttm) | 10.34B |
| Shares Out | 499.38M |
| EPS (ttm) | 20.12 |
| PE Ratio | 17.07 |
| Forward PE | 15.94 |
| Dividend | $5.20 (1.51%) |
| Ex-Dividend Date | Apr 19, 2024 |
| Volume | 3,101,275 |
| Open | 338.44 |
| Previous Close | 338.00 |
| Day's Range | 338.33 - 345.54 |
| 52-Week Range | 205.60 - 382.01 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 310.00 (-9.72%) |
| Earnings Date | Apr 25, 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 "Buy." The 12-month stock price forecast is $310.0, which is a decrease of -9.72% from the latest price.
News
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides
Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap compared with earnings growth down the line.
CNBC's 2024 Stock Draft: Washington Commanders' Austin Ekeler picks Caterpillar in first round
CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.
Committee Stocks on the Move: Caterpillar, Union Pacific and ServiceNow
The Investment Committee discuss some of their stocks on the move.
Caterpillar Stock Sinks as Lower Sales Offset Profit Beat
Caterpillar (CAT) shares fell sharply in intraday trading Thursday as lower-than-expected sales offset a stronger profit than analysts estimated.
Caterpillar Stock Falls After Earnings. Here's Why.
Caterpillar reports adjusted first-quarter earnings of $5.60 a share. Wall Street expected profit of $5.14.
Caterpillar Inc. Q1 revenue comes in below estimates at $15.8 billion
Caterpillar inc. today, on April 25, announced its earnings report for the first quarter of FY24.
Caterpillar's stock falls as volume declines outweigh profit beat
Caterpillar Inc. shares CAT, +0.07% were dropping 3% in Thursday's premarket action after the company came up a bit short on first-quarter revenue as sales volumes declined. The company reported profi...
Caterpillar Reports First-Quarter 2024 Results
First-quarter 2024 profit per share of $5.75; adjusted profit per share of $5.60 Enterprise operating cash flow was $2.1 billion in the first quarter of 2024 Deployed $5.1 billion of cash for share re...
Caterpillar stock price analysis: is CAT a buy ahead of earnings?
Caterpillar (NYSE: CAT) stock price will be in the spotlight this week as the company publishes its financial results for the first quarter. These results will come at a time when the stock has retrea...
What Should You Do With Caterpillar Stock Ahead Of Q1?
Caterpillar (NYSE: CAT) will report its Q1 2024 results on Thursday, April 25. We expect the company's revenues to come in at $16.4 billion with earnings of $5.18 per share, both slightly above the co...
Spanish and U.S. Companies Recognized for World-class Water Stewardship
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Spanish and U.S. Companies Recognized for World-class Water Stewardship.
Caterpillar Inc. to Announce First-Quarter 2024 Financial Results on April 25
IRVING, Texas , April 11, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release first-quarter 2024 financial results at 5:30 a.m. CDT on Thursday, April 25.
Caterpillar Inc. Maintains Dividend
IRVING, Texas , April 10, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly dividend of one dollar and thirty cents ($1.30) per share of...
Caterpillar stock price forecast: extremely overbought
Industrial stocks are doing great. On Tuesday, I wrote about Rolls-Royce, Illinois Tool Works, and Emerson Electric.
Calls of the Day: Caterpillar, IBM, RTX and Chubb
The Investment Committee discuss the latest calls of the day.
Dow Stocks To Trade In March
For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month.
Industrials Like Caterpillar Are at New Highs. Why the Stocks Can Keep Gaining.
Industrial stocks are one of the few sectors now hitting record highs, and the sector's set to see earnings ramp up even more.
CAT Sentiment, HLT Ripe for a Buy, ITW Upside
Negative sentiment by some analysts is way off the mark on this stock, notes Aquiles Larrea on Caterpillar (CAT). He discusses this stock along with Hilton (HLT), and Illinois Tool Works (ITW).
Why this analyst buy John Deere stock and avoid Caterpillar
In the latest edition of Good Buy or Goodbye, Barron's Senior Writer Al Root joins Yahoo Finance Live to analyze cyclical stocks Deere & Co. (DE) and Caterpillar (CAT). Root names Deere a buy though "...
3-Stock Lunch: HD, CAT & APR
Courtney Garcia, Payne Capital, joins 'Power Lunch' to discuss stock plays for three companies including: Home Depot, Caterpillar and Gold.
Caterpillar Stock Is Falling on a Downgrade. Wall Street Prefers Deere.
ISI Evercore analyst David Raso downgraded Caterpillar stock to Hold from Buy. A consensus is emerging among analysts regarding Caterpillar and rival Deere.
Cramer's Mad Dash: Caterpillar
CNBC's Jim Cramer delivers his daily Mad Dash.
Does Caterpillar Stock Have More Room To Grow After Its 25% Gain Last Year?
Caterpillar CAT (NYSE: CAT) recently reported its Q4 results, with revenues falling marginally short but earnings beating the street estimates. There are near-term concerns for the company with volume...
Stocks This Week: Buy Caterpillar And Coinbase
The next week is options expiration (OPEX) week which has been bearish in the month of February. This suggests a pullback next week.