It’s Not Over Yet For Caterpillar Inc. (NYSE: CAT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Cat Financial Announces 2023 Year-End Results.

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Stocks Info

Caterpillar Inc. is listed on the NYSE as a member of the Industrials sector and is a part of the Farm & Heavy Construction Machinery industry. At the end of the last regular session, the stock closed at $321.40 and fluctuated between $334.87 as its day high and $315.91 as its day low. The current market capitalization of Caterpillar Inc. is $163.62B. A total of 6.55 million shares were traded on the day, compared to an average of 2.94M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CAT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 32 BUYs and 39 SELLs from insiders. Insiders purchased 317,351 shares during that period but sold 253,238.

In the most recent transaction, BONFIELD ANDREW R J sold 10,000 shares of CAT for 300.04 per share on Jan 25. After the transaction, the Chief Financial Officer now owns 67,317 company shares. In a previous transaction on Aug 30, Fassino Anthony D. sold 2,740 shares at 282.57 per share. CAT shares that Group President owns now total 16,182.

Among the insiders who sold shares, Fassino Anthony D. disposed of 2,923 shares on Aug 29 at a per-share price of $279.00. This resulted in the Group President holding 16,182 shares of CAT after the transaction. In another insider transaction, Johnson Cheryl H sold 18,294 shares at $286.33 per share on Aug 09. Company shares held by the Chief Human Resources Officer now total 16,362.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Caterpillar Inc. pays an annual dividend of $5.36, resulting in a dividend yield of 1.67%, and it has a price to earnings (P/E) ratio of 15.95. CAT’s most recent ex-dividend date was 1/19/2024 when it declared a $1.30 quarterly dividend that was paid in cash on 2/20/2024. Previously, the company paid the dividend on 11/20/2023 with an ex-dividend date of 10/20/2023. The CAT stock dividend was $1.30 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CAT in the last 3 months, the mean price target is $279.17 with high estimates of $432.00 and low estimates of $175.00. In terms of 52-week highs and lows, CAT has a high of $317.37 and a low of $204.04.

As of this writing, CAT has an earnings estimate of $4.75 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $5.06 per share and a lower estimate of $4.35. The company reported an EPS of $5.55 in the last quarter, which was 21.20% higher than expectations of $4.58.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CAT’s latest balance sheet shows that the firm has $9.25B in Cash & Short Term Investments as of fiscal 2021. There were $37.79B in debt and $29.85B in liabilities at the time. Its Book Value Per Share was $40.25, while its Total Shareholder’s Equity was $16.52B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAT is Buy with a score of 3.55.

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