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.

Many analysts weighed in on price targets for CAT. The maximum price target given was 128, implying potential capital gains of 11.92 percent. The lowest price target was 78, implying potential capital losses 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. That number becomes 8.89 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CAT to grow at a rate of 3375.25 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CAT has a PEG ratio of 0.23.

CAT has a 52-week high of 114.89 and a 52-week low of 79.93. Today's price is 43.09 percent above the 52-week low, and 0.45 percent below the high. 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 market cap of CAT is $66.88 billion. CAT's next earnings release will be on 0000-00-00, which is days away.