Caterpillar Inc (CAT) Share Price
Name: Caterpillar Inc (CAT)
Description: Flat over the year to date Caterpillar is one of the most cyclical stocks around as its sales are tied to the mining & construction sectors. A shrinking order backlog (-$2.60 Billion) suggests that demand for its products may have peaked. 11/15/23
Summary
The current Caterpillar Inc. (CAT) stock price is $256.76 which is a change of 6.04 or 2.41% from the last closing price of 256.76 with 3,731,480 shares traded giving NYSE:CAT a market capitalisation of $130,712,566,867. The most recent daily high has been 257.44 and daily low 251.01. The NYSE:CAT share price 52 week high has been 293.88 and the 52 week low 204.04. Based on the most recent NYSE:CAT share price opening of 256.76, the current NYSE:CAT EPS (earnings per share) are 17.65 and the PE (price earnings ratio) is 14.55. Pricing data last updated 01/12/2023 16:00.
Pros
- Strong Q3 earnings
- Operating profits are rising sharply
- Rated a strong buy at 7 brokers
Cons
- Weak Chinese demand
- Rising expenses/R&D costs
- Highly cyclical stock
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Outlook
(4)