Caterpillar Inc. (NYSE: CAT) is 10.41% higher on its value in year-to-date trading and has touched a low of $223.76 and a high of $382.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CAT stock was last observed hovering at around $316.80 in the last trading session, with the day’s gains setting it 9.64%.
Currently trading at $326.44, the stock is -4.18% and -2.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.92 million and changing 3.04% at the moment leaves the stock 3.78% off its SMA200. CAT registered 18.09% gain for a year compared to 6-month gain of 1.57%.
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The stock witnessed a -0.80% loss in the last 1 month and extending the period to 3 months gives it a -4.58%, and is -4.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.56% over the week and 3.01% over the month.
Caterpillar Inc. (CAT) has around 113200 employees, a market worth around $159.65B and $67.00B in sales. Current P/E ratio is 14.74 and Fwd P/E is 14.43. Profit margin for the company is 16.79%. Distance from 52-week low is 45.89% and -14.55% from its 52-week high. The company has generated returns on investments over the last 12 months (26.48%).
with sales reaching $16.45B over the same period.The EPS is expected to grow by 2.45% this year, but quarterly earnings will post -1.60% year-over-year. Quarterly sales are estimated to shrink -2.10% in year-over-year returns.
Caterpillar Inc. (CAT) Top Institutional Holders
The shares outstanding are 499.38M, and float is at 488.11M with Short Float at 2.14%.
Caterpillar Inc. (CAT) Insider Activity
The most recent transaction is an insider sale by Johnson Cheryl H,the company’sChief Human Resources Officer. SEC filings show that Johnson Cheryl H sold 1,508 shares of the company’s common stock on Jul 16 ’24 at a price of $350.00 per share for a total of $0.53 million. Following the sale, the insider now owns 18515.0 shares.
Caterpillar Inc. disclosed in a document filed with the SEC on May 30 ’24 that Johnson Cheryl H (Chief Human Resources Officer) sold a total of 1,508 shares of the company’s common stock. The trade occurred on May 30 ’24 and was made at $340.00 per share for $0.51 million. Following the transaction, the insider now directly holds 20023.0 shares of the CAT stock.
Still, SEC filings show that on May 20 ’24, Johnson Gerald (Director) acquired 100 shares at an average price of $356.40 for $35640.0. The insider now directly holds 2,213 shares of Caterpillar Inc. (CAT).
