Large-cap industrials company Caterpillar has moved -0.4% this overnight, reaching $371.9 per share. In contrast, the average analyst target price for the stock is $318.02.
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. The company is based in the United States. Caterpillar currently returns an annual dividend yield of 1.4%.
What to Consider if You Are Thinking of Buying Caterpillar:
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Caterpillar has moved 68.7% over the last year.
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CAT has a forward P/E ratio of 16.5 based on its EPS guidance of 22.48.
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The company has a price to earnings growth (PEG) ratio of 1.38.
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Its Price to Book (P/B) ratio is 9.53
Caterpillar Has Generally Positive Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 12,885,000 | 1,597,000 | 11,288,000 | 74.47 |
| 2022 | 7,766,000 | 1,296,000 | 6,470,000 | 5.98 |
| 2021 | 7,198,000 | 1,093,000 | 6,105,000 | 14.13 |
| 2020 | 6,327,000 | 978,000 | 5,349,000 | -8.66 |
| 2019 | 6,912,000 | 1,056,000 | 5,856,000 | 10.87 |
| 2018 | 6,558,000 | 1,276,000 | 5,282,000 |
The company's free cash flows are strong in the aggregate, since they average out to $6.72 Billion over the last 5 years. The compounded average growth rate for this period stands at 15.2% with a year-on-year variability coefficient of 0.0%.
