Analyst Ratings for Caterpillar Inc. (CAT)

Updated: 2017-07-28

Analysts covering Caterpillar Inc. (NYSE:CAT) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for CAT last month.

9 analysts declared CAT a buy, 1 gave an overweight rating, 12 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for CAT. The most optimistic analyst gave a price target of 128, which equates to a potential upside of 11.92 percent. The lowest price target was 78, implying a possible loss of -31.8 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 7.66 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 8.89 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 14.24 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 19.7 percent.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CAT's earnings is estimated by analysts to be 3375.25 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CAT has a PEG ratio of 0.23.

In the last 52-weeks, CAT has achieved a high of 114.89 and a low of 79.93. The current market price is above the trailing year's low by 43.09 percent, and below the high by 0.45 percent. CAT has a price/earnings ratio of 762.47. Investors typically compare the P/E ratio to a company's peers in the industry. The CAT value stock report compares CAT to some of its peers using value stock charts. The stock has a market capitalization of $66.88 billion. CAT's next earnings release will be on 0000-00-00, which is days away.