A new trading day began on Tuesday, with Caterpillar Inc (NYSE: CAT) stock price up 0.54% from the previous day of trading, before settling in for the closing price of $405.65. CAT’s price has ranged from $246.01 to $418.50 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 5.49% over the past five years. Meanwhile, its annual earnings per share averaged 2.87%. With a float of $481.84 million, this company’s outstanding shares have now reached $499.38 million.
Let’s look at the performance matrix of the company that is accounted for 113200 employees. In terms of profitability, gross margin is 35.91%, operating margin of 20.61%, and the pretax margin is 20.37%.
Caterpillar Inc (CAT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Caterpillar Inc is 0.20%, while institutional ownership is 72.11%. The most recent insider transaction that took place on Nov 25 ’24, was worth 4,053,560. In this transaction Chief Financial Officer of this company sold 10,000 shares at a rate of $405.36, taking the stock ownership to the 55,182 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Officer proposed sale 20,000 for $397.49, making the entire transaction worth $7,949,800.
Caterpillar Inc (CAT) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 5.23 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.51% during the next five years compared to 14.42% growth over the previous five years of trading.
Caterpillar Inc (NYSE: CAT) Trading Performance Indicators
Here are Caterpillar Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.00. Likewise, its price to free cash flow for the trailing twelve months is 20.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 21.57, a number that is poised to hit 5.06 in the next quarter and is forecasted to reach 22.05 in one year’s time.
Technical Analysis of Caterpillar Inc (CAT)
Caterpillar Inc (NYSE: CAT) saw its 5-day average volume 2.36 million, a negative change from its year-to-date volume of 2.6 million. As of the previous 9 days, the stock’s Stochastic %D was 95.65%. Additionally, its Average True Range was 8.94.
During the past 100 days, Caterpillar Inc’s (CAT) raw stochastic average was set at 90.43%, which indicates a significant increase from 73.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.26% in the past 14 days, which was lower than the 29.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $389.03, while its 200-day Moving Average is $354.08. Nevertheless, the first resistance level for the watch stands at $410.24 in the near term. At $412.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $416.89. If the price goes on to break the first support level at $403.59, it is likely to go to the next support level at $399.35. Assuming the price breaks the second support level, the third support level stands at $396.94.
Caterpillar Inc (NYSE: CAT) Key Stats
With a market capitalization of 196.90 billion, the company has a total of 482,802K Shares Outstanding. Currently, annual sales are 67,060 M while annual income is 10,335 M. The company’s previous quarter sales were 16,106 M while its latest quarter income was 2,464 M.
