CAT Stock Summary and Trading Ideas (Caterpillar | NYSE:CAT)

Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.

Caterpillar trades on the NYSE stock market under the symbol CAT.

As of December 24, 2024, CAT stock price declined to $364.88 with 543,042 million shares trading.

CAT has a beta of 1.03, meaning it tends to be more sensitive to market movements. CAT has a correlation of 0.25 to the broad based SPY ETF.

CAT has a market cap of $178.45 billion. This is considered a Large Cap stock.

Last quarter Caterpillar reported $16 billion in Revenue and $5.17 earnings per share. This fell short of revenue expectation by $-174 million and missed earnings estimates by -$.19.

In the last 3 years, CAT traded as high as $418.50 and as low as $160.60.

The top ETF exchange traded funds that CAT belongs to (by Net Assets): VTI, VOO, SPY, IVV, DIA.

CAT has underperformed the market in the last year with a price return of +27.5% while the SPY ETF gained +28.0%. CAT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.3% and -8.6%, respectively, while the SPY returned +5.5% and -0.6%, respectively.

CAT support price is $359.26 and resistance is $371.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CAT shares will trade within this expected range on the day.