Caterpillar Inc. (CAT)

NYSE: CAT · IEX Real-Time Price · USD
338.70
+2.00 (0.59%)
Mar 4, 2024, 3:59 PM EST - Market closed
0.59%
Market Cap 168.14B
Revenue (ttm) 67.06B
Net Income (ttm) 10.34B
Shares Out 499.38M
EPS (ttm) 20.12
PE Ratio 16.83
Forward PE 15.77
Dividend $5.20 (1.54%)
Ex-Dividend Date Jan 19, 2024
Volume 1,256,154
Open 335.60
Previous Close 336.70
Day's Range 335.32 - 340.25
52-Week Range 204.04 - 340.26
Beta 1.15
Analysts Hold
Price Target 288.74 (-14.75%)
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]

Sector Industrials
Founded 1925
Employees 113,200
Stock Exchange NYSE
Ticker Symbol CAT
Full Company Profile

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 Statements

Analyst Forecast

According to 19 analysts, the average rating for CAT stock is "Hold." The 12-month stock price forecast is $288.74, which is a decrease of -14.75% from the latest price.

Price Target
$288.74
(-14.75% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

Other symbols: AMZNAXPHDJPM
1 day ago - Forbes

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.

5 days ago - Barrons

This infrastructure construction stock: Is it ready to pop?

As everyone focuses on technology stocks and artificial intelligence hype, names like Nvidia Corp. NASDAQ: NVDA keep beating expectations and breaking past all-time high prices. You can focus on other...

Other symbols: CMEDHIGSMROMTZNVDAUBS
7 days ago - MarketBeat

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).

Other symbols: HLTITW
11 days ago - Schwab Network

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 "...

Other symbols: DE
13 days ago - Yahoo Finance

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.

Other symbols: HD
13 days ago - CNBC Television

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.

Other symbols: DE
13 days ago - Barrons

Cramer's Mad Dash: Caterpillar

CNBC's Jim Cramer delivers his daily Mad Dash.

13 days ago - CNBC Television

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...

21 days ago - Forbes

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.

Other symbols: COIN
21 days ago - Forbes

Final Trades: JEPQ, Marathon Petroleum, Caterpillar, IWM

Today's “Halftime Report” Investment Committee, Bryn Talkington, Jason Snipe, Jim Lebenthal and Kevin Simpson give their top picks to watch for the second half.

Other symbols: IWMMPCJEPQ
24 days ago - CNBC Television

NVDA Hits New High & Buying CAT & DIS?

Caterpillar (CAT), Walt Disney (DIS), and Nvidia (NVDA) are today's big three stocks. Scott Nations and Ben Lichtenstein discuss the technical trends and how to trade these names.

Other symbols: NVDADIS
25 days ago - Schwab Network

Caterpillar stock hits new highs; time to ring the register?

Caterpillar NYSE: CAT stock surged more than 5% following its Q4 release, extending the 2023 rally to 100% and the gains since the 2020 lows to 250%, setting up an attractive selling opportunity. Whil...

27 days ago - MarketBeat

OnSemi (ON) & Caterpillar (CAT) Trade Higher After Earnings

OnSemi (ON) is trading higher after reporting 4Q, FY23 earnings. Its adjusted EPS came in at $1.25 versus an estimated $1.21 and revenue came in at $2.02B versus an estimated $2.00B.

Other symbols: ON
4 weeks ago - Schwab Network

Caterpillar Stock Hits New High After Better-Than-Expected Q4 Profit

Shares in Caterpillar (CAT) hit fresh all-time highs in early trading Monday after the industrial equipment manufacturer reported earnings that beat Wall Street expectations.

4 weeks ago - Investopedia

Caterpillar CEO Jim Umpleby on Q4 earnings beat: Couldn't be more proud of our global team

Caterpillar CEO Jim Umpleby joins 'Squawk on the Street' to discuss the company's quarterly earnings results, impact of AI, equipment demand, China market, and more.

4 weeks ago - CNBC Television

Caterpillar Stock Soars After Blowout Earnings. This Is What Impressed.

For the fourth quarter, the company reported EPS of $5.23. Wall Street was looking for $4.76.

4 weeks ago - Barrons

Caterpillar's stock surges toward a record after a big earnings beat, amid a jump in profit margin

Shares of Caterpillar Inc. CAT, +2.41% climbed 3.2 into record territory in premarket trading Monday, after the maker of construction and mining equipment reported fourth-quarter profit that rose well...

4 weeks ago - Market Watch

Caterpillar Reports Fourth-Quarter and Full-Year 2023 Results

Fourth-quarter 2023 sales and revenues up 3%; full-year sales and revenues up 13% Fourth-quarter 2023 profit per share of $5.28; adjusted profit per share of $5.23 Full-year profit per share of $20.12...

4 weeks ago - PRNewsWire

Dow Stocks To Trade In February

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.

Other symbols: CRMDOWIBMJNJJPMMMMMSFT
4 weeks ago - Forbes

Industrial's building a base for upward momentum

The overall market continues to trade at all-time highs, with the SPDR S&P 500 ETF Trust NYSE: SPY already up an impressive 2.5% year-to-date and over 16% during the previous three months. The move hi...

Other symbols: BASPYUNPXLI
5 weeks ago - MarketBeat

Caterpillar took off when the Fed pivoted, says Jim Cramer

'Mad Money' host Jim Cramer takes a closer look at this bull market run and whether it's time to ring the register in gains or not.

5 weeks ago - CNBC Television

Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 5

IRVING, Texas , Jan. 22, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release fourth-quarter and full-year 2023 financial results at 5:30 a.m. CST on Monday, Feb. 5.

6 weeks ago - PRNewsWire

Caterpillar Demonstrates Viability of Using Hydrogen Fuel Cell Technology for Backup Power at Microsoft Data Center

Demonstration marks significant progress toward providing data centers with reliable and sustainable backup power with hydrogen technology IRVING, Texas , Jan. 19, 2024 /PRNewswire/ -- Caterpillar Inc...

6 weeks ago - PRNewsWire

Tesla, Apple, Caterpillar Stocks Fall. These Companies Are Exposed to China's Slowing Growth.

China's gross domestic product for 2023 was at one of the lowest levels seen in decades.

Other symbols: AAPLTSLA
6 weeks ago - Barrons