Caterpillar Inc. (NYSE:CAT) has grabbed the attention from analysts, when it saw a value decrease of -0.08 percent or -0.08 points in the last trading session. A total of 9.74M shares exchanged hands during the intra-day trade compared with its average trading volume of 5.30M shares, while its relative volume stands at 1.73. Caterpillar Inc. (NYSE:CAT) has a market cap of $58.34B and the number of outstanding shares have been calculated 589.16M.
When taking a look at recommendations from analysts, investors can use the average brokerage recommendation score to determine the consensus take on a stock. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock. The ABR rank is displayed in the range of 1 to 5 where 1 represents a Strong Buy and 5 a Strong Sell. The ABR is solely based on brokerage recommendations. It’s important to note that analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Shares of Caterpillar Inc. (NYSE:CAT) currently have an ABR of 2.54, number of Recs in ABR is 13 while industry rank of the company by ABR is 22 of 265.
Out of the brokerage recommendations 4 rate Caterpillar Inc. (NYSE:CAT) stock a Strong Buy, 0 rate the stock a Buy, 8 rate Hold, 0 rate Sell and 1 recommend a Strong Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $105.20 on the stock, this valuation is based on 20 number of opinions with standard deviation of 16.47. Most recently Caterpillar Inc. (NYSE:CAT)’s price target was revised on 04/26/17. The most optimistic analyst sees the stock reaching $128 while the most conventional has $80 target price if we look at the price target with an optimistic approach it has upside potential of 29% from its recent closing price of $99.29.
Historically, if we have a peek at price target revisions, Caterpillar Inc. (NYSE:CAT)’s price target was revised by the analysts two weeks back on 04/19/17 to set its target price at $93.50 where its twelve month high target price was set at $110 and low at $60 while demonstrating the standard deviation of 14.64.
In order to check on the sell-side rational, we can also take a peek at some technical indicators. Caterpillar Inc. (NYSE:CAT)’s price sits 4.45% above from its 50-day moving average of $96.32 and 11.02% far from the stock’s 200-day moving average which is $94.13. Shares are trading -6.31% away from the 52-week high mark of $105.98 and +48.92% far from the 52-week bottom of $72. The stock hit its 52-week high on 04/26/17 and 52-week low on 05/19/16. The average true range, a measure of volatility is at 1.94, however its weekly and monthly volatility is 1.48%, 1.73% respectively. The company’s Relative Strength Index which shows price strength currently stands at 55.89.
Caterpillar Inc. (NYSE:CAT) as of recent trade, has shown weekly downbeat performance of -2.19 percent which was maintained at 4.81 percent in 1-month period. The year-to-date (YTD) performance reflected 8.85 percent positive outlook. During the past three months the stock gain 7.29 percent, bringing six-month performance to 22.64 percent.
While taking a glance at financials, we can look at a number of key indicators. Caterpillar Inc. (NYSE:CAT) has a Return on Assets of -0.20%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of -1% and a Return on Investment of 0.60%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
The stock has a current PEG ratio of 0.78 whereas its trailing twelve month P/E ratio is -398.76 along with forward price to earnings ratio of 19.46. Caterpillar Inc. (NYSE:CAT)’s price to free cash flow for trailing twelve months is 27.67. Its quick ratio for most recent quarter is 1 along with current ratio for most recent quarter of 1.30. Total debt to equity ratio of the company for most recent quarter is 2.82 whereas long term debt to equity ratio for most recent quarter is 1.75.