Caterpillar Inc. (NYSE: CAT) Drops -0.05% Over A Month, But Analysts Still See Upside Potential

Caterpillar Inc. (NYSE:CAT) currently has a daily average trading volume of 2.44M but it saw 1500768 shares traded in last market. With a market cap of 187.04B USD, the company’s current market price of $385.73 came falling about -0.70 while comparing to the previous closing price of $388.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $403.60 and as low as $223.76. In the recent trading on the day, stock has struck highest price mark of $382.6933 while lowest mark touched by it was $390.03.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on October 14, 2024, recommending a price target of between $349 and $332 for it. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $380.

Over the week, CAT’s stock price is moving -2.00% down while it is -0.05% when we observe its performance for the past one month. Year-to-date it is 30.46% up and over the past year, the stock is showing an upside performance of 55.96%.

Currently, Caterpillar Inc.’s total number of outstanding shares is 499.38M. Company’s return on investment (ROI) stands at 26.87% and return on equity (ROE) at 62.25%. It has a price to earnings ratio (P/E ratio) of 17.57 while having a 17.06 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 10.92 while price to sale or P/S ratio amounts to 2.82. Its return on asset (ROA) is 13.04% on average.