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After finishing at $387.99 in the prior trading day, Caterpillar Inc. (NYSE: CAT) closed at $393.62, up 1.45%. In other words, the price has increased by $1.45 from its previous closing price. On the day, 1.55 million shares were traded. CAT stock price reached its highest trading level at $394.525 during the session, while it also had its lowest trading level at $387.1142.
Ratios:
Our goal is to gain a better understanding of CAT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 2.18 whereas as Long-Term Debt/Eq ratio is at 1.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on October 14, 2024, Downgraded its rating to Underweight and sets its target price to $332 from $349 previously.
On June 26, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $380.Citigroup initiated its Buy rating on June 26, 2024, with a $380 target price.
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 Sep 04 ’24 when Johnson Gerald bought 100 shares for $338.59 per share. The transaction valued at 33,859 led to the insider holds 2,842 shares of the business.
Fassino Anthony D. sold 3,185 shares of CAT for $1,119,082 on Aug 30 ’24. The Group President now owns 33,442 shares after completing the transaction at $351.36 per share. On Aug 30 ’24, another insider, Fassino Anthony D., who serves as the Officer of the company, bought 3,185 shares for $351.36 each.
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 190865539072 and an Enterprise Value of 224725843968. As of this moment, Caterpillar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.93, and their Forward P/E ratio for the next fiscal year is 17.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 11.14. Its current Enterprise Value per Revenue stands at 3.386 whereas that against EBITDA is 13.887.
Stock Price History:
Over the past 52 weeks, CAT has reached a high of $403.60, while it has fallen to a 52-week low of $223.76. The 50-Day Moving Average of the stock is 9.05%, while the 200-Day Moving Average is calculated to be 15.48%.
Shares Statistics:
The stock has traded on average 2.56M shares per day over the past 3-months and 2089360 shares per day over the last 10 days, according to various share statistics. A total of 499.38M shares are outstanding, with a floating share count of 483.94M. Insiders hold about 0.20% of the company’s shares, while institutions hold 72.25% stake in the company. Shares short for CAT as of 1727654400 were 11748588 with a Short Ratio of 4.59, compared to 1724976000 on 10101973. Therefore, it implies a Short% of Shares Outstanding of 11748588 and a Short% of Float of 2.4300002000000003.
Dividends & Splits
In the trailing 12 months, CAT’s forward annual dividend rate was 5.31, compared to 5.31 this year. Against a Trailing Annual Dividend Yield of 0.01368592The stock’s 5-year Average Dividend Yield is 2.19.
