Analysts Opinions on: Caterpillar Inc. (CAT)

Marco Green
December 14, 2017

It closed at $14.44 lastly. Thanks to an increase of nearly 4.3% in the past one month, the stock price is now outperforming with 36.84% so far on the year - still in strong zone. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since December 13, 2016 and is uptrending. It has outperformed by 30.83% the S&P500.

Primecap Management Company decreased Praxair Inc. About 6.46M shares traded or 88.71% up from the average. It has underperformed by 16.70% the S&P500. Caterpillar Inc.'s beta is 1.29 whilst the stock has an average true range (ATR) of 2.40. The insider De Lange Bob sold $216,276. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have assigned a buy rating to the stock. Therefore 41% are positive. Sina Corporation had 15 analyst reports since August 19, 2015 according to SRatingsIntel.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, gas and oil, power generation, marine, rail, and industrial markets. (NYSE:CAT), 12 have Buy rating, 4 Sell and 13 Hold. (NYSE:CAT) or 620,224 shares.

Many analysts have provided their estimated foresights on Caterpillar Inc.

Are The New York Times Company (NYSE:NYT) Earnings Growing Rapidly? The firm has "Neutral" rating by Bank of America given on Friday, September 25. The firm has "Neutral" rating given on Wednesday, October 25 by Citigroup.

Investors sentiment increased to 0.96 in Q2 2017. Its up 0.14, from 0.96 in 2017Q1. It is positive, as 51 investors sold Caterpillar Inc. shares while 382 reduced holdings.

Other hedge funds have also added to or reduced their stakes in the company.

The company is expected to report earnings of $1.71 a share for the next quarter. Renaissance Technologies LLC bought a new position in Caterpillar in the 1st quarter valued at approximately $143,490,000. Advisors Asset Management invested 0.48% of its portfolio in Caterpillar Inc. Overall, 3.39 Million shares exchanged hands versus its average trading volume of 3.46 Million shares. The firm owned 54,078 shares of the industrial products company's stock after acquiring an additional 1,218 shares during the quarter. (NYSE:CAT). 21,067 are owned by Osborne Partners Capital Mngmt Ltd Liability. California-based Hanson Mcclain Incorporated has invested 0.01% in Caterpillar Inc. (NYSE:CAT). Balasa Dinverno & Foltz Lc reported 3,587 shares or 0.06% of all its holdings. The Virginia-based Shaker Financial Services Llc has invested 0.55% in the stock. Connor Clark Lunn Inv holds 0.09% or 121,324 shares. Prudential Public Ltd Com owns 1.91 million shares for 0.67% of their portfolio.

Since October 30, 2017, it had 0 buys, and 1 insider sale for $1.39 million activity. The insider BUCHANAN MICHAEL R sold 9,000 shares worth $333,564. (NYSE:DHI) to report earnings on January, 23. CAT's profit will be $1.01 billion for 21.73 P/E if the $1.69 EPS becomes a reality. Clearbridge Investments LLC increased its stake in shares of Caterpillar by 0.3% in the 1st quarter.

Caterpillar Inc. (CAT)'s distance from 200 day simple moving average is 26.59 percent, its distance from 50 day simple moving average is 6.08 percent, while its distance from 20 day simple moving average is 3.18 percent. Therefore 83% are positive. Caterpillar Inc. had 96 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of D.R. Horton, Inc. Credit Suisse maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, August 7 with "Buy" rating. The company was maintained on Friday, March 18 by Jefferies. Citigroup has "Neutral" rating and $75 target. The rating was upgraded by Goldman Sachs to "Buy" on Tuesday, October 11. The firm has "Underperform" rating given on Friday, April 29 by RBC Capital Markets. Barclays Capital maintained the shares of DHI in report on Friday, November 10 with "Equal-Weight" rating. Barclays started coverage on Caterpillar in a report on Tuesday. On Friday, September 8 the stock rating was maintained by BMO Capital Markets with "Buy".

Investors sentiment decreased to 0.86 in Q2 2017. Its up 0.14, from 0.96 in 2017Q1. It turned negative, as 45 investors sold DHI shares while 183 reduced holdings. 62 funds opened positions while 158 raised stakes. Glg Llc accumulated 0.4% or 61,300 shares. Burke And Herbert Bank & Trust And Trust Co reported 3,729 shares. Carnegie Asset Mngmt Limited Com invested in 0.04% or 2,760 shares. Hilltop Inc holds 0.56% or 55,538 shares in its portfolio. Texas Permanent School Fund invested 0.02% in Stericycle, Inc. (NYSE:DHI) for 183 shares. Quantitative Systematic Strategies Limited Liability Company invested in 0.22% or 8,004 shares. Sageworth Tru accumulated 595 shares. (NYSE:DHI) for 9,626 shares. Pacific Alternative Asset Ltd has 26,047 shares.

Gamble Jones Investment Counsel increased Ishares Floating Rate Note (FLOT) stake by 11,652 shares to 81,454 valued at $4.15 million in 2017Q2. Wade G W And owns 2,739 shares. Spdr S&P 500 (SPY) was raised too.

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