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.

Related Articles

  • Manning hits Cruz for go-ahead TD, Giants top Cowboys 20-19

    Manning hits Cruz for go-ahead TD, Giants top Cowboys 20-19

    They would have forced the Giants to attack differently and protected a Cowboys defense that needs as much protection as possible. Based on what we saw in this situation a year ago it nearly feels that making a prediction one way or another is a lost cause.

    Scott Brown Named in Andrea Tantaros Sexual Harrassment Allegations

    Tantaros claims she reported his behavior to then-Fox News executive vice president Bill Shine , but nothing was done. Fox News Channel and former chairman Roger Ailes have been hit with another sexual harassment suit .
    Microsoft Hint At The Xbox Scorpio Price Tag

    Microsoft Hint At The Xbox Scorpio Price Tag

    The service also offers live streams of local broadcasts as well, meaning you can watch local news right through the app. The Xbox One S supports 4K/UltraHD, too, but only for movie playback from specially-marked Blu-Ray discs, not for games.
  • Chris Ivory returns to Jaguars after 'challenging time' in hospital

    Chris Ivory returns to Jaguars after 'challenging time' in hospital

    The running back did not mention the exact reason he was in the hospital, though, other than it was a "general medical condition". There is no timetable for Ivory's return to the field and his status for Sunday's game at San Diego has yet to be determined.
    Growth Analysis of Mast Therapeutics, Inc. (AMEX:MSTX)

    Growth Analysis of Mast Therapeutics, Inc. (AMEX:MSTX)

    The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.01. The average true range of the stock is observed at 0.05 and the relative strength index of the stock is recorded at 82.68.
    Nashville Premiere Date on CMT Announced - Series Regular LEAVING Show

    Nashville Premiere Date on CMT Announced - Series Regular LEAVING Show

    The series previously survived Juliette's ( Hayden Panettiere ) absence when she went to rehab for postpartum depression. Do you think Nashville could kill of Rayna James in season 5?
  • Stock markets slump following concerns over Deutsche Bank

    The dollar index , which measures the greenback against a basket of six major currencies, was last down 0.09 percent at 95.449. While output and new export orders rose, new orders eased and employment fell marginally less than in a month earlier.

    Chicago homicide death toll highest in 20 years

    Another example was when a bullet pierced the cheek of a 4-year-old boy as walked down a sidewalk, holding his mother's hand. Bruce Rauner signed legislation raising the maximum sentence for bringing guns illegally into the state to 30 years.

    IPhone 7 And 7 Plus Prices Leaked Ahead Of Official Launch

    It was during this event that Apple announced new versions of its operating systems, including iOS 10, macOS Sierra and watchOS 2. Its headline simply reads " See you on the 7th ", and the invitation makes no mention of the iPhone or any other Apple product.
  • Tiger Woods is finally planning on playing on the PGA Tour again

    Tiger Woods is finally planning on playing on the PGA Tour again

    Either way, it's nice to see him announce his return. "It's going to be quite wonderful to have him coming back from this layoff". The US PGA Tour have released bobbleheads to recognise their FedEx Cup Champions. "I'm sort of glad I'm not there that week".
    Dr. Phil Asks Burke Ramsey if He Murdered JonBenet in Upcoming Interview

    Dr. Phil Asks Burke Ramsey if He Murdered JonBenet in Upcoming Interview

    Burke Ramsey's demeanor in his first interview EVER since his sister, JonBenet's, tragic murder is quite disturbing. Phil said. "He's aware that he is a suspect, and this has had an effect on him over the last 20 years".
    Broncos Appear Likely To Name Trevor Siemian Starting QB

    Broncos Appear Likely To Name Trevor Siemian Starting QB

    Head Coach Gary Kubiak has some tough decisions ahead this week, but it appears the quarterback position may finally be settled. Does Siemian have what it takes to be a capable National Football League starter? The second has to be with his play.