CAT - Caterpillar Inc.
| Previous Close | 126.06 |
| Open | 128.25 |
| Bid | 126.85 x 800 |
| Ask | 127.98 x 800 |
| Day's Range | 127.19 - 130.34 |
| 52 Week Range | 87.50 - 150.55 |
| Volume | 2,527,521 |
| Avg. Volume | 4,368,220 |
| Market Cap | 69.127B |
| Beta (5Y Monthly) | 1.08 |
| PE Ratio (TTM) | 13.50 |
| EPS (TTM) | 9.46 |
| Earnings Date | Jul. 31, 2020 |
| Forward Dividend & Yield | 4.12 (3.23%) |
| Ex-Dividend Date | Jul. 17, 2020 |
| 1y Target Est | 130.35 |
- Motley Fool
3 Top Industrial Stocks to Watch in July
What could leaders in the transportation, construction, and airline industries tell us about the economy?
- Zacks
Caterpillar (CAT) Gains But Lags Market: What You Should Know
Caterpillar (CAT) closed the most recent trading day at $126.50, moving +1% from the previous trading session.
- Yahoo Finance
It's not just coronavirus: Why US-China relations are worsening on 'almost every front'
Eurasia’s Ian Bremmer weighs in on the escalating tensions between the U.S. and China.
- Zacks
Caterpillar Stock Plunges 16% YTD: What's Hurting the Stock?
Caterpillar (CAT) stock declines due to low demand amid the global economic uncertainty stemming from the coronavirus pandemic.
- Reuters
U.S. business borrowing for equipment falls about 26% in May - ELFA
U.S. companies' borrowings for capital investments fell about 26% in May from a year earlier, as businesses put spending on hold amid the coronavirus crisis, the Equipment Leasing and Finance Association (ELFA) said on Wednesday. "The downturn in the economy precipitated by the COVID-19 pandemic crisis is responsible for new business softening in the equipment finance space during the month of May," ELFA Chief Executive Officer Ralph Petta said. Washington-based ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 68.1% in May, down from 71.7% in April.
- Zacks
New Strong Sell Stocks for June 22nd
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- Yahoo Finance Video
What stocks to watch as markets shift amid coronavirus recovery
As markets begin to regain confidence, some companies that have taken some lumps from the coronavirus have started to recover. Managing Partner at Polaris Greystone Financial Group Jeff Powell joins The Final Round panel to break down why investors should shift to value stocks and move away from growth stocks
- Zacks
Caterpillar (CAT) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Caterpillar (CAT) closed at $128.23, marking a -1.44% move from the previous day.
- Zacks
Forget Caterpillar, Buy These 4 Industrial Stocks Instead
With Caterpillar's (CAT) retail sales growth in the red for six consecutive months, we suggest investors to add these four industrial stocks with positive growth projections to their portfolio.
ReutersUS STOCKS-Wall Street surges after record rise in May retail sales
U.S. stocks jumped on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted by data showing reduced COVID-19 death rates in a trial of a generic steroid drug. A Commerce Department report showed overall retail receipts rose 17.7% last month as Americans resumed spending after weeks of lockdown, although the rebound retraces only a fraction of the historic drops in March and April. Results from a UK-led trial showed giving low doses of the generic steroid drug dexamethasone to patients admitted to hospital with COVID-19 reduced death rates by around a third among those with the most severe cases of infection.
- Investing.com
Caterpillar Stock Rises 7%
Investing.com - Caterpillar (NYSE:CAT) Stock rose by 6.69% to trade at $131.98 by 09:44 (13:44 GMT) on Tuesday on the NYSE exchange.
- Zacks
Caterpillar (CAT) May Retail Sales Fare the Worst Since 2016
Caterpillar's (CAT) global retail sales have been in the negative territory for six straight months amid a weak manufacturing backdrop, coronavirus-induced crisis and oil price rout.
- Motley Fool
Dow Jones Rebounds as Caterpillar Reports Awful Sales Figures, Microsoft in Trump's Crosshairs
Weak demand for Caterpillar's equipment continued into May, and Microsoft's decision on facial recognition software irked the president.
- Bloomberg
Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery
(Bloomberg) -- Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.Retail receipts in North America fell 36% on a rolling three-month basis, the most since January 2010, the company said in a government filing Friday. Sales in Latin America had the biggest decline since December 2016. Overall global sales dropped by the most since early 2010.The figures underscore concerns over prospects for a halting recovery at the heavy-equipment maker after coronavirus shutdowns dented the profit outlooks for miners and construction companies. The data comes on the heels of a report that the Deerfield, Illinois-based company is keeping some of its plants across North and South America shut for longer than expected.BMO Capital Markets analyst Joel Tiss earlier downgraded Caterpillar’s stock to the equivalent of a hold, citing a “catatonic recovery.” Near-term recovery of the company’s end markets will be challenged by customers’ budgetary constraints and stretched government finances, Tiss said.“These factors will likely overwhelm the myriad internal improvements occurring at the company, at least for the next few years,” Tiss said in the note.Chief Executive Officer Jim Umpleby took the helm at the start of 2017 with a focus on boosting efficiency and profit margins, and expanding services to help offset the traditionally cyclical nature of the bellwether producer’s markets. In an earnings call in April, Umpleby departed from his normally staid commentary to warn analysts of a “severe and chaotic” impact from the crisis.Caterpillar’s stock is down about 16% this year. Shares rose more than 2% in New York on Friday morning as the broader equity markets advanced. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Williams-Sonoma, Caterpillar, JPMorgan, Goldman Sachs and PNC Financial highlighted as Zacks Bull and Bear of the Day
Williams-Sonoma, Caterpillar, JPMorgan, Goldman Sachs and PNC Financial highlighted as Zacks Bull and Bear of the Day
- Bloomberg
Caterpillar Extending Plant Closures With Virus Sapping Demand
(Bloomberg) -- Caterpillar Inc. is keeping some of its plants shut for longer than expected with demand languishing, in a sign that the economic recovery is progressing slowly.Among Caterpillar’s operations across the Americas, its Curitiba Brazil and Campo Largo BCP Brazil plants are idled until the middle of June, while parts of its Piracicaba Brazil facilities aren’t slated to reopen until June 30, according to a document seen by Bloomberg. Additionally, the company had more than 10 facilities shuttered at some point during May, the document shows.The shutdowns give a peek inside the impact the global coronavirus pandemic is having on the company, considered a bellwether for parts of the economy. Caterpillar’s plants are typically operating at this time of year, according to a person with direct knowledge of the operations who asked not to be identified because the information isn’t public. The second quarter traditionally is Caterpillar’s highest factory output as it ramps up for seasonal demand.“It’s reasonable to assume that they’re limiting their production schedules to align demand that’s still very muted,” Matt Arnold, an analyst at Edward Jones & Co., said in a telephone interview. “In general, we know that demand across construction and mining markets markets and of course energy is still in a depressed state and as a result they’re going to have to have production schedules that are kind of aligned with that.”Facilities ShutMany of the facilities being idled are for two weeks or longer, according to the document. Curitiba is shut from June 1 to June 15, Piracicaba’s motor grader line is down from May 18 to June 30 while the medium wheel loader, medium track-type tractor and soil asphalt and pneumatic compactor line is idled from June 1 to June 30. The North Little Rock facility in Arkansas was closed from May 18 until June 8, and the BCP Clayton and BCP Stanford facilities were shut from May 18 to May 26.Caterpillar spokeswoman Kate Kenny referred Bloomberg to the company’s previous public statements.Chief Executive Officer Jim Umpleby in April departed from his normally staid commentary on earnings calls to warn analysts of a “severe and chaotic” impact from the crisis. CFO Andrew Bonfield at the time made it clear that the company isn’t necessarily saying the second quarter for sure would be the trough, saying it is “going to take a little while to recover.”During the same call with analysts, Umpleby said it had suspended operations at “certain” facilities due to supply-chain constraints, weak customer demand and government mandates -- referring to the lockdowns. He also warned that the company sometimes has facility closures to align production with customer demand, even when the world isn’t going through a pandemic.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
3 Top Infrastructure Stocks to Watch in June
The investment cases for buying infrastructure plays Caterpillar, Union Pacific, and Equinix are going to be reexamined in June.
- Zacks
Caterpillar (CAT) Gains As Market Dips: What You Should Know
Caterpillar (CAT) closed the most recent trading day at $128.96, moving +1.47% from the previous trading session.
- Market Exclusive
Market Morning: S&P Says More Spending, Hong Kong Ping Pong, Riots, Food Prices Soar
S&P Chief Economist Says $2.1 Trillion More Spending Ought to Do The Trick When is there ever too much government spending? According to S&P chief economist Beth Ann Bovino, it looks like never, because she wants $2.1 trillion more in government spending, despite multitrillion dollar deficits already that only look set to get worse. She […]The post Market Morning: S&P Says More Spending, Hong Kong Ping Pong, Riots, Food Prices Soar appeared first on Market Exclusive.
- Zacks
Caterpillar (CAT) Up 2% Since Last Earnings Report: Can It Continue?
Caterpillar (CAT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
New Strong Sell Stocks for May 28th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- Motley Fool
3 Top Industrial Stocks Still Down More Than 20% in 2020
The Wall Street rebound has mostly left these stalwarts behind, but over the long term, their prospects are strong.
