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Caterpillar Inc. (NYSE: CAT) closed the day trading at $344.17 down -1.06% from the previous closing price of $347.87. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 1.99 million shares were traded. CAT stock price reached its highest trading level at $348.66 during the session, while it also had its lowest trading level at $341.38.
Ratios:
For a better understanding of CAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 1.41.
On June 26, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $380.
TD Cowen reiterated its Buy rating for the stock on April 26, 2024, while the target price for the stock was revised from $338 to $340.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 16 ’24 when Johnson Cheryl H sold 1,508 shares for $350.00 per share. The transaction valued at 527,800 led to the insider holds 18,515 shares of the business.
Johnson Cheryl H sold 1,508 shares of CAT for $512,720 on May 30 ’24. The Chief Human Resources Officer now owns 20,023 shares after completing the transaction at $340.00 per share. On May 20 ’24, another insider, Johnson Gerald, who serves as the Director of the company, bought 100 shares for $356.40 each. As a result, the insider paid 35,640 and bolstered with 2,213 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAT now has a Market Capitalization of 170126688256 and an Enterprise Value of 201889054720. As of this moment, Caterpillar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.54, and their Forward P/E ratio for the next fiscal year is 15.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 9.55. Its current Enterprise Value per Revenue stands at 3.013 whereas that against EBITDA is 12.672.
Stock Price History:
The Beta on a monthly basis for CAT is 1.11, which has changed by 0.33233976 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, CAT has reached a high of $382.01, while it has fallen to a 52-week low of $223.76. The 50-Day Moving Average of the stock is 1.60%, while the 200-Day Moving Average is calculated to be 10.62%.
Shares Statistics:
Over the past 3-months, CAT traded about 3.09M shares per day on average, while over the past 10 days, CAT traded about 3148920 shares per day. A total of 499.38M shares are outstanding, with a floating share count of 488.11M. Insiders hold about 0.19% of the company’s shares, while institutions hold 72.54% stake in the company. Shares short for CAT as of 1719532800 were 10376681 with a Short Ratio of 3.36, compared to 1717113600 on 11480292. Therefore, it implies a Short% of Shares Outstanding of 10376681 and a Short% of Float of 2.1300000999999997.
Dividends & Splits
CAT’s forward annual dividend rate is 5.31, up from 5.2 a year ago. Against a Trailing Annual Dividend Yield of 0.014948113The stock’s 5-year Average Dividend Yield is 2.26. The current Payout Ratio is 25.34% for CAT, which recently paid a dividend on 2024-07-22 with an ex-dividend date of 1721606400. Stock splits for the company last occurred on 2005-07-14 when the company split stock in a 2:1 ratio.
