In today’s recent session, 1.08 million shares of the Caterpillar Inc. (NYSE:CAT) have been traded, and its beta is 1.16. Most recently the company’s share price was $361.84, and it changed around -$1.41 or -0.39% from the last close, which brings the market valuation of the company to $180.70B. CAT at last check was trading at a discount to its 52-week high of $382.01, offering almost -5.57% off that amount. The share price’s 52-week low was $204.04, which indicates that the recent value has risen by an impressive 43.61% since then. We note from Caterpillar Inc.’s average daily trading volume that its 3-month average coming to 2.41 million.
Caterpillar Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 2.44. If we narrow it down even further, the data shows that 2 out of 24 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 11 recommended CAT as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
Caterpillar Inc. (NYSE:CAT) trade information
Instantly CAT has been showing red trend so far today with a performance of -0.39% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 22.38% year-to-date, but still up 0.98% over the last five days. On the other hand, Caterpillar Inc. (NYSE:CAT) is 1.65% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $256.6, which translates to bulls needing to decrease their stock price by -41.01% from its current value. Analyst projections state that CAT is forecast to be at a low of $190 and a high of $390.
Caterpillar Inc. (CAT) estimates and forecasts
Caterpillar Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 46.30 percent over the past six months and at a 0.42% annual growth rate that is well below the industry average of 6.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.42%. Caterpillar Inc. earnings are expected to increase by 0.11% in 2024, but the outlook is positive 12.66% per year for the next five years.
CAT Dividends
Caterpillar Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.44 percent and its annual dividend per share was 5.20. It is important to note, however, that the 1.44% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
