Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Caterpillar Inc.    CAT

CATERPILLAR INC.

(CAT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Caterpillar Inc. : The stock is approaching a major resistance level

11/23/2020 | 11:18am EST
long trade
Target price hit
Entry price : 175.001$ | Target : 191$ | Stop-loss : 166.5$ | Potential : 9.14%
Caterpillar Inc. shares are trading close to a major technical resistance, which, if broken, could yield new upside potential and an increase in volatility. This scenario can be anticipated.
Investors have an opportunity to buy the stock and target the $ 191.
Caterpillar Inc. : Caterpillar Inc. : The stock is approaching a major resistance level
Summary
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • The stock is in a well-established, long-term rising trend above the technical support level at 127.46 USD

Weaknesses
  • The stock is close to a major daily resistance at USD 173.19, which should be gotten rid of so as to gain new appreciation potential.
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company is in debt and has limited leeway for investment
  • The group usually releases earnings worse than estimated.
  • For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
  • For the past year, analysts have significantly revised downwards their profit estimates.

© MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 41 460 M - -
Net income 2020 3 004 M - -
Net Debt 2020 28 249 M - -
P/E ratio 2020 35,3x
Yield 2020 2,10%
Capitalization 106 B 106 B -
EV / Sales 2020 3,23x
EV / Sales 2021 2,93x
Nbr of Employees 102 300
Free-Float 66,5%
Upcoming event on CATERPILLAR INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 181,33 $
Last Close Price 194,62 $
Spread / Highest target 17,2%
Spread / Average Target -6,83%
Spread / Lowest Target -35,8%
EPS Revisions
Managers and Directors
NameTitle
Donald James Umpleby Chairman & Chief Executive Officer
Andrew Robert John Bonfield Chief Financial Officer
Karl E. Weiss Chief Technology Officer
Jamie Engstrom Chief Information Officer & Vice president
William A. Osborn Independent Director