Caterpillar, Inc.s in-depth stock price analysis indicates that the stock price has rallied 4.3% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.51% . Looking at the past 52 week period, the stock price is up at 52.51% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Caterpillar, Inc. has a positive value of 21.17 compared to overall market. Caterpillar, Inc. (NYSE:CAT) has climbed 3.25% in the past week and advanced 1.94% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.42% and the outperformance has advanced to 0.11% for the last 4 weeks period.
Caterpillar, Inc. (NYSE:CAT) : On Friday heightened volatility was witnessed in Caterpillar, Inc. (NYSE:CAT) which led to swings in the share price. The stock opened for trading at $94.87 and hit $96.62 on the upside , eventually ending the session at $96.31, with a gain of 2.5% or 2.35 points. The heightened volatility saw the trading volume jump to 5,600,224 shares. The 52-week high of the share price is $99.46 and the company has a market cap of $56,348 million. The 52-week low of the share price is at $60.51 .
Caterpillar Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.67. The company had revenue of $9574.00 million for the quarter, compared to analysts expectations of $9811.58 million. The companys revenue was down -13.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.74 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Barclays on Feb 7, 2017 to Overweight, Raises Price Target to $ 110 from a previous price target of $100 .Caterpillar was Upgraded by Wells Fargo to Outperform on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Sector Perform, Raises Price Target to $ 85 from a previous price target of $82 .Caterpillar was Downgraded by Standpoint Research to Sell on Jan 26, 2017. Company shares were Reiterated by JP Morgan on Dec 5, 2016 to Neutral, Raises Price Target to $ 89 from a previous price target of $78 .
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Daniel M Dickinson (director) sold 950 shares at 93.52 per share price.On Nov 14, 2016, Jananne A. Copeland (Chief Accounting Officer) sold 4,859 shares at 91.22 per share price.On Aug 2, 2016, Dennis A Muilenburg (director) purchased 1,930 shares at 82.75 per share price.
Caterpillar Inc is the worlds largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company is one of only a handful of U.S. companies that leads its industry while competing globally from a principally domestic manufacturing base. The company records more than half of its sales to overseas customers. Their products are used in the construction, road building, mining, forestry, energy, transportation and material-handling industries.