Caterpillar Inc. (CAT)
| Market Cap | 150.52B |
| Revenue (ttm) | 66.59B |
| Net Income (ttm) | 9.11B |
| Shares Out | 509.09M |
| EPS (ttm) | 17.64 |
| PE Ratio | 16.76 |
| Forward PE | 14.49 |
| Dividend | $5.20 (1.76%) |
| Ex-Dividend Date | Jan 19, 2024 |
| Volume | 1,584,567 |
| Open | 296.85 |
| Previous Close | 296.88 |
| Day's Range | 293.20 - 298.24 |
| 52-Week Range | 204.04 - 299.20 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 271.32 (-8.24%) |
| Earnings Date | Jan 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 the United States and internationally. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, tractors, excavators, telehandlers, motor graders, and pipelayers; compact track and multi-terrain, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company... [Read more]
Financial Performance
In 2022, Caterpillar's revenue was $59.43 billion, an increase of 16.59% compared to the previous year's $50.97 billion. Earnings were $6.71 billion, an increase of 3.33%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for CAT stock is "Buy." The 12-month stock price forecast is $271.32, which is a decrease of -8.24% from the latest price.
News
Uber, Honeywell And Other Industrials Stocks From Wall Street's Most Accurate Analysts - Honeywell Intl (NASDAQ:HON), Caterpillar (NYSE:CAT)
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.
Caterpillar Successfully Demonstrates to Newmont its Expanding Portfolio of Sustainable Underground Solutions and Technologies
IRVING, Texas , Dec. 19, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery...
Following A 39% Rise This Year Is Boeing Stock A Better Pick Over Caterpillar?
We believe Caterpillar stock (NYSE: CAT) is a better pick than Boeing stock (NYSE: BA) for the next three years. Although these companies are in different businesses, we compare them given that they b...
Cramer points to stocks receiving tailwind from Fed's dovish meeting
Six of the seven Magnificent Seven stocks were down or even, but many other struggling stocks received a tailwind from the Fed's dovish meeting on Wednesday.
Caterpillar Appoints New Energy & Transportation Group President
IRVING, Texas , Dec. 14, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Jason Kaiser, senior vice president of the Electric Power Division, has been appointed to Group Presiden...
Caterpillar Inc. Maintains Dividend
IRVING, Texas , Dec. 13, 2023 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted yesterday to maintain the quarterly dividend of one dollar and thirty cents ($1.30) per share...
Caterpillar invests in tech startup Nth Cycle to boost recycling
Caterpillar is investing in recycling technology developer Nth Cycle as part of a push to boost the reuse of metals used to make batteries and construction equipment.
Caterpillar's stock leads the Dow's premarket losers after Deere's disappointing outlook
Shares of Caterpillar Inc. CAT fell 2.7% to pace the Dow Jones Industrial Average's DJIA premarket decliners Wednesday, following fellow construction equipment maker Deere & Co.'s DE disappointing ful...
DENSO Digs Deep to Win Supplier Excellence Award from Caterpillar Inc.
Company recognized by Caterpillar's Resource Industries division, is among 20 of Caterpillar's more than 6,600 suppliers to earn excellence status SOUTHFIELD, Mich. , Nov. 16, 2023 /PRNewswire/ -- DEN...
Should You Pick Caterpillar Stock At $240 After An Upbeat Q3?
Caterpillar (NYSE: CAT) reported its Q3 results last week, with revenues and earnings beating the street estimates, and we believe that CAT stock has ample room for gr
Blue Line's Bill Baruch buys more shares of Caterpillar, Wabtec & more
Bryn Talkington, Joe Terranova, and Steve Weiss join 'Halftime Report' to discuss the overbought state of the stock market, whether the rally can continue, and more.
No one trusts CAT can beat estimates given a slowing economy, says Jim Cramer
'Mad Money' host Jim Cramer takes a closer look at what is driving the markets right now.
Caterpillar earnings beat estimates, issues tepid Q4 outlook
Caterpillar's (CAT) third-quarter earnings easily beat analyst estimates, however, it expects fourth-quarter operating margin to be less than the previous quarter. D.A. Davidson Managing Director of E...
Three-Stock Lunch: Caterpillar, JetBlue and Gold Comex
Boris Schlossberg, BK Asset Management, joins ‘Power Lunch' to discuss three stocks: Caterpillar, JetBlue and Gold Comex.
I'm not scared by the numbers I'm seeing for Caterpillar, says Capital Wealth's Kevin Simpson
Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Halftime Report' to discuss Caterpillar's stock performance, its outlook heading into 2024, and more.
Caterpillar Shares Fall on Economic Concerns, Despite Earnings Beat
Caterpillar (CAT) shares fell more than 5% Tuesday morning despite an earnings beat, as the construction equipment maker issued a cautious fourth-quarter outlook and said order backlogs fell, feeding ...
Caterpillar, Honeywell, and Industrial Stocks Are Breaking Down. What's Next.
The Industrial Select Sector SPDR exchange-traded fund (XLI) has slid on crumbling investor sentiment.
Caterpillar Order Backlog Decline Sparks Demand Concerns
Caterpillar Inc. said its order backlog shrank in the third quarter with a year-on-year decline of $1.9 billion, even as the company reported earnings that beat analyst estimates thanks to higher pric...
Caterpillar crawls into a new buying opportunity
Shares of Caterpillar NYSE: CAT fell after a sequential slow-down in business. The slowdown suggests slowing in the industrial equipment industry, foreshadowed by competitors such as Volvo OTCMKTS: VO...
Caterpillar's stock selloff shaves nearly 100 points off the Dow's price
If it wasn't for the selloff in Caterpillar Inc.'s stock CAT, +1.51%, after the construction equipment maker reported third-quarter results, the Dow Jones Industrial Average DJIA, +1.58% would be head...
Freeport-McMoRan to convert fleet of Cat® 793 trucks at its Bagdad mine in Arizona to autonomous haulage using Cat MineStar™ Command for hauling
Agreement includes 33 Cat® 793 trucks being converted to autonomous haulage Caterpillar will assist with autonomy deployment, change management and training In addition to improving worker safety, Fr...
Caterpillar's stock jumps after big profit beat, as higher prices and volume boosts revenue
Shares of Caterpillar Inc. CAT, +1.51% jumped 3.2% in premarket trading Tuesday, after the construction and mining equipment maker reported third-quarter profit and revenue that rose above expectation...
Caterpillar Reports Third-Quarter 2023 Results
Third-quarter 2023 sales and revenues increased 12% to $16.8 billion Third-quarter 2023 profit per share of $5.45; adjusted profit per share of $5.52 Returned $1.0 billion to shareholders through divi...