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.
CAT was given price targets by several analysts. The maximum price target given was 128, implying potential capital gains of 11.92 percent. The most pessimistic price target was 78, which equates to a potential downside of -31.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 7.66 percent. The average change in earnings estimates over the last 90 days is 8.89 percent. Meanwhile, fiscal year estimates have been revised upwards by 14.24 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 19.7 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of CAT's earnings is estimated by analysts to be 3375.25 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CAT is 0.23.
In the trailing 52-weeks, CAT hit 114.89 at the highest peak, while it's lowest trading point was 79.93. Currently the stock is 43.09 percent higher than its low, and 0.45 percent below the high. CAT has a P/E 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 will post this quarters earnings in days, on 0000-00-00.