Caterpillar Inc. (CAT)

NYSE: CAT · IEX Real-Time Price · USD
353.99
+3.27 (0.93%)
May 17, 2024, 11:18 AM EDT - Market open
0.93%
Market Cap 172.85B
Revenue (ttm) 67.00B
Net Income (ttm) 11.25B
Shares Out 489.05M
EPS (ttm) 22.13
PE Ratio 15.97
Forward PE 16.25
Dividend $5.20 (1.47%)
Ex-Dividend Date Apr 19, 2024
Volume 516,460
Open 352.97
Previous Close 350.72
Day's Range 351.56 - 354.95
52-Week Range 205.60 - 382.01
Beta 1.18
Analysts Buy
Price Target 324.31 (-8.36%)
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 16 analysts, the average rating for CAT stock is "Buy." The 12-month stock price forecast is $324.31, which is a decrease of -8.36% from the latest price.

Price Target
$324.31
(-8.36% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Cramer says these 10 stocks helped the Dow briefly crack 40,000

CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.

Other symbols: AAPLAXPCVXGSJPMMRKMSFT
16 hours ago - CNBC

Dow Can Thank Caterpillar and Goldman Sachs for Getting to 40K

The Dow Jones Industrial Average made history, but it's not because of big tech.

1 day ago - Barrons

Caterpillar Releases 2023 Company Reports

Reports highlight progress on sustainability and enterprise strategy IRVING, Texas , May 7, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today released its latest reports highlighting the company...

10 days ago - PRNewsWire

Caterpillar Announces Virtual 2024 Shareholder Meeting

IRVING, Texas , May 3, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will hold a virtual annual shareholder meeting on Wednesday, June 12, 2024, at 8 a.m. CDT. Shareholders owning Caterpillar comm...

13 days ago - PRNewsWire

What Should You Do With Caterpillar Stock After A Mixed Q1?

Caterpillar Caterpillar (NYSE: CAT) recently reported its Q1 results, with revenues missing but earnings comfortably above our estimates. The company reported revenue of $15.8 billion and earnings of ...

17 days ago - Forbes

Here are the AI industrial names powering Big Tech

CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.

Other symbols: CMIDOVGEVPH
17 days ago - CNBC Television

Caterpillar Announces Voluntary Delisting from Euronext Paris

IRVING, Texas, April 29, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT – Euronext Paris: CATR) (the "Company" or "Caterpillar") today announced that, following a comprehensive review of the signifi...

17 days ago - PRNewsWire

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.

Other symbols: METANFLXSHW
20 days ago - Barrons

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.

21 days ago - CNBC Television

Committee Stocks on the Move: Caterpillar, Union Pacific and ServiceNow

The Investment Committee discuss some of their stocks on the move.

Other symbols: NOWUNP
21 days ago - CNBC Television

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.

22 days ago - Investopedia

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.

22 days ago - Barrons

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.

22 days ago - Invezz

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...

22 days ago - Market Watch

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...

22 days ago - PRNewsWire

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...

23 days ago - Invezz

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...

24 days ago - Forbes

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.

Other symbols: XYL
25 days ago - Business Wire

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.

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

Caterpillar stock price forecast: extremely overbought

Industrial stocks are doing great. On Tuesday, I wrote about Rolls-Royce, Illinois Tool Works, and Emerson Electric.

2 months ago - Invezz

Calls of the Day: Caterpillar, IBM, RTX and Chubb

The Investment Committee discuss the latest calls of the day.

Other symbols: CBIBMRTX
2 months ago - CNBC Television

Jim Cramer names companies and sectors poised to rally on the AI wave

CNBC's Jim Cramer on Wednesday said new tech and artificial intelligence are going to be at the heart of market gains over the next few years.

Other symbols: CEGCRMENBNOWNVDA
2 months ago - CNBC

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
2 months 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.

2 months ago - Barrons