22-Nov-2024
JPMorgan’s ‘Analyst Focus List’ – growth, income, value, short ideas
Seeking Alpha News (Tue, 19-Nov 11:06 AM ET)
Caterpillar Raises Record $15.2 Million in United Way Campaign
PRNewswire (Mon, 18-Nov 8:59 AM ET)
PRNewswire (Thu, 7-Nov 8:57 AM ET)
Cat Financial Announces Third-Quarter 2024 Results
PRNewswire (Wed, 30-Oct 6:31 AM ET)
Caterpillar Reports Third-Quarter 2024 Results
PRNewswire (Wed, 30-Oct 6:30 AM ET)
L&T Technology Services Wins Prestigious Excellence Award from Caterpillar Inc.
Business Wire (Tue, 29-Oct 6:00 AM ET)
Caterpillar Inc. to Announce Third-Quarter 2024 Financial Results
PRNewswire (Wed, 16-Oct 9:05 AM ET)
Caterpillar Announces Appointment of New Independent Director
PRNewswire (Fri, 11-Oct 8:30 AM ET)
Caterpillar Inc. Maintains Dividend
PRNewswire (Wed, 9-Oct 11:15 AM ET)
PPG wins prestigious 2024 Supplier Excellence Award from Caterpillar Inc.
Business Wire (Wed, 2-Oct 12:15 PM ET)
Caterpillar is the top manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Cat Financial. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Cat Financial provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Caterpillar trades on the NYSE stock market under the symbol CAT.
As of November 22, 2024, CAT stock price climbed to $397.49 with 1,698,878 million shares trading.
CAT has a beta of 1.06, meaning it tends to be more sensitive to market movements. CAT has a correlation of 0.26 to the broad based SPY ETF.
CAT has a market cap of $194.39 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 outperformed the market in the last year with a price return of +63.8% while the SPY ETF gained +32.4%. CAT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.5% and +1.0%, respectively, while the SPY returned +7.4% and -0.4%, respectively.
CAT support price is $382.92 and resistance is $396.26 (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.