Analysts Advise About Caterpillar Inc. (NYSE:CAT)

Analysts Advise About Caterpillar Inc. (NYSE:CAT)

That is compared with the $0.74 in EPS it reported during the same period a year ago.

In comparing current levels to the 50 day averages, Caterpillar Inc.'s stock is 1.47% away from the recent high and 8.75% from the 50-day low.

ConocoPhillips (NYSE:COP) now has mean rating of 2.10 while 11 analysts have commented the shares as "BUY", 7 recommended as "OUTPERFORM" and 7 commented as "HOLD".

12/01/2016 - Caterpillar, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. Investors sent the stock down nearly 2 percent at one point but then got over it and Caterpillar was essentially flat for most of the morning in NY, maintaining a 17 percent surge in the wake of Donald Trump's victory in the USA presidential election.

Caterpillar said it expects earnings per-share of about $2.30 this year, or $2.90 excluding estimated restructuring costs of about $500 million. The reported earnings topped the analyst's consensus by $0.04 with the surprise factor around 5.70%.

Analyst Recommendation Worth Declaring Today: Caterpillar Inc. The average forecast of sales for the year ending Dec 16 is $38.87B by 16 analysts.

Caterpillar Inc. (NYSE:CAT) shares have noticed a steady move higher, reaching $98.15 after a recent check. While in the same Quarter Previous year, the Actual EPS was $0.74. During the fourth quarter, sales slipped 13% to $9.57 billion. This estimate is provided by 14 analysts. It expects adjusted profit of $2.90 a share, falling short of analyst estimates of $3.04 per share.

It also lowered its guidance for 2017 sales and revenue from about $38 billion to a range of $36 billion to $39 billion. The Stock now has a Weekly Volatility of 1.37% and Monthly Volatility of 1.36%. While for the next 5 years, the growth estimate is 11.2%.

10/11/2016 - Caterpillar, Inc. was upgraded to "buy" by analysts at Goldman Sachs. Following the completion of the transaction, the insider is left with a stake of 6,693 shares, amounting $656917.95. The mean price target for the equity is at $57.73 while the highest price target suggested by the brokerage firms is $70.00 and low price target is $43.00. The Low Price target projection by analysts is $31 and the Mean Price Target is $90.07.

Caterpillar (NYSE:CAT) last announced its earnings results on Tuesday, October 25th. In November, a company executive said in the best-case scenario, it could see an impact from Trump's promised infrastructure investments by the end of 2017 (on Thursday, it said that's more likely a 2018 event). Enterprise Financial Services Corp now owns 1,204 shares of the company's stock worth $107,000 after buying an additional 79 shares in the last quarter. HAIN Gross Margin is 23.20% and its return on assets is 6.50%. Year to Date performance value (YTD perf) value is 4.64%. Following the completion of the transaction, the director now directly owns 17,476 shares in the company, valued at $1,634,355.52.

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