About Caterpillar (NYSE:CAT)
Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.
Industry, Sector and Symbol
Industry Construction Machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
Trailing P/E Ratio117.270833333333
Forward P/E Ratio26.14
Sales & Book Value
Annual Sales$38.54 billion
Price / Sales2.61
Cash Flow$9.59 per share
Price / Cash17.61
Book Value$22.58 per share
Price / Book7.48
Return on Equity23.22%
Return on Assets4.25%
Caterpillar (NYSE:CAT) Frequently Asked Questions
What is Caterpillar's stock symbol?
Caterpillar trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAT."
How often does Caterpillar pay dividends? What is the dividend yield for Caterpillar?
Caterpillar announced a quarterly dividend on Wednesday, December 13th. Stockholders of record on Monday, January 22nd will be paid a dividend of $0.78 per share on Tuesday, February 20th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Friday, January 19th. View Caterpillar's Dividend History.
How were Caterpillar's earnings last quarter?
Caterpillar Inc. (NYSE:CAT) posted its earnings results on Tuesday, October, 24th. The industrial products company reported $1.95 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.68. The industrial products company had revenue of $11.41 billion for the quarter, compared to analysts' expectations of $10.69 billion. Caterpillar had a net margin of 2.09% and a return on equity of 23.22%. The firm's revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 earnings per share. View Caterpillar's Earnings History.
When will Caterpillar make its next earnings announcement?
What guidance has Caterpillar issued on next quarter's earnings?
Caterpillar issued an update on its FY17 earnings guidance on Tuesday, October, 24th. The company provided earnings per share (EPS) guidance of $6.25 for the period, compared to the Thomson Reuters consensus estimate of $5.24. The company issued revenue guidance of $44000, compared to the consensus revenue estimate of $42.97 billion.
Where is Caterpillar's stock going? Where will Caterpillar's stock price be in 2018?
24 Wall Street analysts have issued 12-month price targets for Caterpillar's shares. Their predictions range from $55.00 to $200.00. On average, they anticipate Caterpillar's stock price to reach $152.28 in the next year. View Analyst Ratings for Caterpillar.
What are Wall Street analysts saying about Caterpillar stock?
Here are some recent quotes from research analysts about Caterpillar stock:
- 1. According to Zacks Investment Research, "Caterpillar's August sales rose 11%, aided by improvement in Asia Pacific and construction. Sales growth has been in the positive territory since it entered the same in March, logging an average sales growth of 6.7% since then. Caterpillar guides revenue in the range of $42–$44 billion and earnings per share of $5.00 for 2017. The mid-point of the ranges reflect a year-over-year growth of 12% and 46%, respectively. Asia Pacific will continue to be catalyst, owing to increased infrastructure and residential investment in China. Leading indicators of U.S. construction signal robust conditions ahead that bodes well for Caterpillar. Efforts to reduce costs will help boost margins. Year-to-date, Caterpillar has outperformed the industry. Its estimates have gone up lately. It has a positive record of earnings surprises in the past few quarters." (10/11/2017)
- 2. BMO Capital Markets analysts commented, "hard to imagine a robust surge" in the near term. Nevertheless, the mining and energy sector as a whole has "passed the lows," and the company is well positioned to capitalize on its status as a leader in capital equipment and engines — when an upturn eventually arrives.Meanwhile, Caterpillar's cost-cutting initiatives, headcount reductions, improved sourcing and shuttering or consolidating more than 30 factories will reduce fixed costs by nearly $2 billion, the analyst continued. Also, the company can save another $750 million from the closings of two factories in Belgium and Illinois while incentive compensation fell by more than $1 billion since peaking in 2014 at $1.3 billion.Last, Caterpillar's new CEO Jim Umpleby is likely to focus on profitability, free cash flow, and returns as opposed to the recent CEO Doug Oberhelman who focused on penetrating new markets and gaining market share. As such, the company should now be viewed as "a whole different animal." (7/24/2017)
- 3. Jefferies Group LLC analysts commented, "Cost cuts continue to benefit margins despite ongoing market weakness. 4Q16 earnings, ex. adjustments, were better than expected on favorable decremental margins in Construction and E&T versus modeled expectations. With FX remaining a headwind CAT lowered the mid-point of the 2017 revenue guide to $37.5bln (prior: ~$38bln) resulting in EPS of $2.90 (Consensus: $3.06). Shares continue to trade above 30x earnings, a premium to prior cycles." (1/27/2017)
Who are some of Caterpillar's key competitors?
Some companies that are related to Caterpillar include General Electric (GE), 3M (MMM), Honeywell International (HON), United Parcel Service (UPS), Union Pacific (UNP), United Technologies (UTX), Lockheed Martin (LMT), E I Du Pont De Nemours And Co (DD), FedEx (FDX), General Dynamics (GD), ABB (ABB), Canadian National Railway (CNI), Illinois Tool Works (ITW), Raytheon (RTN), Northrop Grumman (NOC), Deere & Company (DE), CSX (CSX) and Emerson Electric (EMR).
Who are Caterpillar's key executives?
Caterpillar's management team includes the folowing people:
- Douglas R. Oberhelman, Chairman of the Board (Age 64)
- Donald James Umpleby III, Chief Executive Officer, Director (Age 59)
- Bradley M. Halverson, Group President, Chief Financial Officer (Age 57)
- Robert B. Charter, Group President (Age 53)
- Bob De Lange, Group President (Age 47)
- Denise C. Johnson, Group President (Age 50)
- Thomas A. Pellette, Group President (Age 54)
- Cheryl H. Johnson, Chief Human Resource Officer (Age 56)
- Jananne A. Copeland, Chief Accounting Officer (Age 54)
- Suzette M. Long, General Counsel, Corporate Secretary
Who owns Caterpillar stock?
Caterpillar's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Schwab Charles Investment Management Inc. (0.39%), Bank of Montreal Can (0.23%), National Pension Service (0.09%), Gateway Investment Advisers LLC (0.06%), Atalanta Sosnoff Capital LLC (0.05%) and Oakbrook Investments LLC (0.05%). Company insiders that own Caterpillar stock include Bradley M Halverson, Daniel M Dickinson, David L Calhoun, Denise C Johnson, Dennis A Muilenburg, Jananne A Copeland, Lange Bob De, Suzette M Long, Thomas A Pellette and William A Osborn. View Institutional Ownership Trends for Caterpillar.
Who sold Caterpillar stock? Who is selling Caterpillar stock?
Caterpillar's stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Atria Investments LLC, Exxonmobil Investment Management Inc. TX, Accurate Investment Solutions Inc., Shelter Ins Retirement Plan, Adams Asset Advisors LLC, Bristol Advisors LLC and Country Trust Bank. Company insiders that have sold Caterpillar company stock in the last year include Bradley M Halverson, Daniel M Dickinson, Jananne A Copeland, Lange Bob De, Suzette M Long, Thomas A Pellette and William A Osborn. View Insider Buying and Selling for Caterpillar.
Who bought Caterpillar stock? Who is buying Caterpillar stock?
Caterpillar's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Schwab Charles Investment Management Inc., Convergence Investment Partners LLC, Oakbrook Investments LLC, Renaissance Investment Group LLC, National Pension Service, Broadleaf Partners LLC and Nisa Investment Advisors LLC. Company insiders that have bought Caterpillar stock in the last two years include David L Calhoun, Denise C Johnson, Dennis A Muilenburg and Lange Bob De. View Insider Buying and Selling for Caterpillar.
How do I buy Caterpillar stock?
Shares of Caterpillar can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Caterpillar's stock price today?
One share of Caterpillar stock can currently be purchased for approximately $168.92.
How big of a company is Caterpillar?
Caterpillar has a market capitalization of $100.80 billion and generates $38.54 billion in revenue each year. The industrial products company earns $-67,000,000.00 in net income (profit) each year or $1.44 on an earnings per share basis. Caterpillar employs 95,400 workers across the globe.
How can I contact Caterpillar?
Caterpillar's mailing address is 510 Lake Cook Rd Ste 100, DEERFIELD, IL 60015-4971, United States. The industrial products company can be reached via phone at +1-224-5514000 or via email at [email protected]
MarketBeat Community Rating for Caterpillar (CAT)MarketBeat's community ratings are surveys of what our community members think about Caterpillar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Caterpillar (NYSE:CAT) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.46||2.43||2.40||2.41|
|Ratings Breakdown: ||2 Sell Rating(s)|
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
9 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
11 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
10 Hold Rating(s)
9 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$152.28||$138.06||$116.84||$95.38|
|Price Target Upside: ||9.93% downside||7.28% downside||11.18% downside||12.47% downside|
Caterpillar (NYSE:CAT) Consensus Price Target History
Caterpillar (NYSE:CAT) Analyst Ratings History
(Data available from 1/18/2016 forward)
Caterpillar (NYSE:CAT) Earnings History and Estimates Chart
Caterpillar (NYSE CAT) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/24/2017||Q3 2017||$1.27||$1.95||$10.69 billion||$11.41 billion||View||N/A|
|7/25/2017||Q2 2017||$1.26||$1.49||$10.96 billion||$11.33 billion||View||N/A|
|4/25/2017||Q1 2017||$0.62||$1.28||$9.27 billion||$9.82 billion||View||N/A|
|1/26/2017||Q416||$0.66||$0.83||$9.87 billion||$9.57 billion||View||Listen|
|10/25/2016||Q316||$0.75||$0.85||$9.91 billion||$9.16 billion||View||Listen|
|7/26/2016||Q216||$0.96||$1.09||$10.06 billion||$10.34 billion||View||Listen|
|4/22/2016||Q116||$0.68||$0.67||$9.59 billion||$9.46 billion||View||Listen|
|1/28/2016||Q415||$0.69||$0.74||$11.47 billion||$11.00 billion||View||Listen|
|10/22/2015||Q315||$0.78||$0.75||$11.16 billion||$11.00 billion||View||Listen|
|7/23/2015||Q215||$1.27||$1.27||$12.67 billion||$12.30 billion||View||Listen|
|4/23/2015||Q115||$1.35||$1.86||$12.48 billion||$12.70 billion||View||Listen|
|1/27/2015||Q414||$1.55||$1.35||$14.18 billion||$14.24 billion||View||Listen|
|10/23/2014||Q314||$1.33||$1.72||$13.19 billion||$13.55 billion||View||Listen|
|7/24/2014||Q214||$1.51||$1.69||$14.46 billion||$14.15 billion||View||Listen|
|4/24/2014||Q114||$1.25||$1.61||$13.14 billion||$13.24 billion||View||Listen|
|1/27/2014||Q413||$1.28||$1.54||$13.64 billion||$13.61 billion||View||Listen|
|10/23/2013||Q313||$1.71||$1.45||$14.49 billion||$13.42 billion||View||Listen|
|7/24/2013||Q2 2013||$1.71||$1.45||$15.03 billion||$14.62 billion||View||Listen|
|4/22/2013||Q1 2013||$1.46||$1.31||$13.80 billion||$13.20 billion||View||Listen|
|1/28/2013||Q4 2012||$1.71||$1.91||$16.16 billion||$16.08 billion||View||Listen|
Caterpillar (NYSE:CAT) Earnings Estimates
2018 EPS Consensus Estimate: $7.73
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Caterpillar (NYSE:CAT) Dividend Information
|Dividend Growth:||6.00% (3 Year Average)|
|Payout Ratio:||216.67% (Trailing 12 Months of Earnings) |
48.30% (Based on This Year's Estimates)
39.80% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Caterpillar (NYSE:CAT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Caterpillar (NYSE CAT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 68.55%
Caterpillar (NYSE CAT) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/27/2017||Bradley M Halverson||Insider||Sell||2,600||$137.67||$357,942.00||5,214|| |
|11/24/2017||Jananne A Copeland||Insider||Sell||3,247||$136.95||$444,676.65||8,908|| |
|11/21/2017||Bradley M Halverson||CFO||Sell||17,210||$137.33||$2,363,449.30||7,814|| |
|11/17/2017||Thomas A. Pellette||Insider||Sell||24,547||$135.69||$3,330,782.43|| |
|10/30/2017||Daniel M Dickinson||Director||Sell||3,813||$137.09||$522,724.17||6,554|| |
|10/26/2017||Lange Bob De||Insider||Sell||1,572||$137.58||$216,275.76||11,096|| |
|8/4/2017||Suzette M Long||Insider||Sell||13,859||$114.30||$1,584,083.70||18,188|| |
|7/28/2017||William A. Osborn||Director||Sell||5,000||$113.67||$568,350.00|| |
|7/27/2017||Bradley M. Halverson||Insider||Sell||182,612||$114.05||$20,826,898.60|| |
|2/21/2017||Lange Bob De||Insider||Buy||1,000||$99.32||$99,320.00||10,230|| |
|2/14/2017||Daniel M. Dickinson||Director||Sell||3,884||$97.90||$380,243.60|| |
|11/10/2016||Daniel M Dickinson||Director||Sell||950||$93.52||$88,844.00||17,476|| |
|7/29/2016||Dennis A Muilenburg||Director||Buy||1,930||$82.75||$159,707.50||9,558|| |
|7/28/2016||Bradley M Halverson||Insider||Sell||2,841||$82.73||$235,035.93||20,232|| |
|5/31/2016||Bradley M Halverson||CFO||Sell||574||$72.58||$41,660.92||10,783|| |
|5/9/2016||Dennis A Muilenburg||Director||Buy||1,128||$71.01||$80,099.28||7,628|| |
|5/3/2016||Bradley M Halverson||CFO||Sell||878||$76.85||$67,474.30||12,051|| |
|4/26/2016||David L Calhoun||Director||Buy||25,000||$77.44||$1,936,000.00||33,129|| |
|2/12/2016||Denise C Johnson||Insider||Buy||3,500||$62.20||$217,700.00||6,967|| |
|8/5/2014||Edward J Rapp||Insider||Sell||15,000||$101.01||$1,515,150.00|| |
|7/30/2014||James B Buda||EVP||Sell||70,828||$105.23||$7,453,230.44|| |
|5/6/2014||Edward Rapp||Insider||Sell||15,000||$103.99||$1,559,850.00||65,485|| |
|5/1/2014||Donald Umpleby III||Insider||Sell||5,881||$105.43||$620,033.83||31,045|| |
|4/30/2014||Jananne Copeland||CAO||Sell||9,110||$105.40||$960,194.00||6,869|| |
|4/29/2014||Bradley Halverson||CFO||Sell||19,638||$104.61||$2,054,331.18||20,835|| |
|4/29/2014||James Buda||EVP||Sell||33,548||$105.00||$3,522,540.00||36,787|| |
|1/31/2014||James Buda||EVP||Sell||9,580||$94.16||$902,052.80||36,787|| |
|11/1/2012||Richard P Lavin||Insider||Sell||28,590||$86.37||$2,469,318.30|| |
Caterpillar (NYSE CAT) News Headlines
Caterpillar (NYSE:CAT) SEC Filings
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Caterpillar (NYSE:CAT) Income Statement, Balance Sheet and Cash Flow Statement
Caterpillar (NYSE CAT) Stock Chart for Thursday, January, 18, 2018