Caterpillar Inc. (CAT): Facts to know about CAT?


Caterpillar Inc. (NYSE:CAT) changes shares on Monday trading session, with a change of -1.31% or -$1.67 shares. The trading starts at $126.36 and closed at $127.46 throughout the day. The trading session low price was $124.60 and day high was $126.48 on Monday, June 22. After the session, the Industrials sector daily volume shifted to 2.8 million while its average volume is 4.99M. In other hand, the CAT market cap reached to $68.15B. While, its current target price is $125.79 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.76% and up 10.28% for month. Its quarterly performance was 36.95% above, while its half year performance is down -13.26%. CAT yearly performance stood at negative -6.05% and fall -14.82% for year-to-date. Current recommendation for Caterpillar Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CAT EPS (TTM) for 12-month is 9.43. EPS for this year is 3.40%, while for the next year its value is 7.05. Its EPS Q/Q reached -33.10%. It has an EPS of 21.70% up for past five years and for the next five years will be down -6.92%.

Let’s take a look on the analyst recommendations on CAT for the current month and previous month. For the current month, 10 of 25 analysts recommend stock as Buy while 1 as Sell, 2 as overweight, 2 as underweight and 10 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $95.00-$198.00. Average target price for CAT was reached at $133.05.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in Caterpillar Inc. (CAT) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 50.13 million shares which valued 5.82 billion. On Mar 30, 2020, Blackrock Inc. owned 34.84 million shares which valued at 4.04 billion. On Mar 30, 2020, State Street Corporation has a total of 29.12 million shares which valued at 3.38 billion. In the end, State Street Corporation have 5.38% shares outstanding of Caterpillar Inc. (CAT) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 66.40%.

The company posted an EPS (TTM) of 9.43. According to the most recent quarter report on (Jun 2020), 20 analysts estimated an average EPS of 0.57, while 2.83 EPS posted a year ago period. Analyst Estimated EPS for CAT published in the report was -0.79-1.17 during the same period. Comparing with last year, the average estimated EPS was 2.83 which is higher than 1.6 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CAT fall -2.35% for period of 200 days. SMA for 50 days was 6.90% which is showing green signal, while SMA-20 was 0.06%. The moving average value for Caterpillar Inc. (CAT) is 126.03 and 119.03 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CAT stock. On Feb 20, Marvel Gary Michael, Chief Accounting Officer, sold 589 trading shares at the cost of $137.83, which valued at 81182.0. On Nov 05, Johnson Denise C, Group President, sold 936 shares at the cost of $146.74, with total shares of 0. On Nov 05, Johnson Denise C, Group President, sold 4,172 shares at the cost of 146.67. After this transaction, Johnson Denise C total shares reached to 7,322 which valued at 0.61 million.