NYSE - Delayed Quote • USD
Caterpillar Inc. (CAT)
At close: 4:00 PM EDT
After hours: 6:07 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 20 | 20 | 26 | 25 |
| Avg. Estimate | 5.1 | 5.5 | 21.32 | 22.51 |
| Low Estimate | 4.42 | 4.94 | 19.7 | 20.1 |
| High Estimate | 5.37 | 6.09 | 23.2 | 25.61 |
| Year Ago EPS | 4.91 | 5.55 | 21.21 | 21.32 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 16 | 16 | 22 | 22 |
| Avg. Estimate | 16.04B | 17.23B | 67.36B | 69.36B |
| Low Estimate | 15.22B | 16.67B | 64.55B | 61.39B |
| High Estimate | 16.79B | 17.79B | 69.57B | 74.82B |
| Year Ago Sales | 15.25B | 17.32B | 67.06B | 67.36B |
| Sales Growth (year/est) | 5.10% | -0.50% | 0.40% | 3.00% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 3.78 | 4.58 | 4.79 | 4.75 |
| EPS Actual | 4.91 | 5.55 | 5.52 | 5.23 |
| Difference | 1.13 | 0.97 | 0.73 | 0.48 |
| Surprise % | 29.90% | 21.20% | 15.20% | 10.10% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 5.1 | 5.5 | 21.32 | 22.51 |
| 7 Days Ago | 5.08 | 5.49 | 21.31 | 22.48 |
| 30 Days Ago | 5.08 | 5.48 | 21.27 | 22.43 |
| 60 Days Ago | 5.08 | 5.47 | 21.14 | 21.95 |
| 90 Days Ago | 4.85 | 5.27 | 20.45 | 21.38 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 2 | 1 | 2 | 2 |
| Up Last 30 Days | 3 | 2 | 3 | 3 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | 2 | 1 | 1 |
Growth Estimates
| CURRENCY IN USD | CAT | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 3.90% | -- | -- | 1.60% |
| Next Qtr. | -0.90% | -- | -- | 10.50% |
| Current Year | 0.50% | -- | -- | 5.20% |
| Next Year | 5.60% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 12.66% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 21.30% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Oppenheimer: Perform to Perform | 4/18/2024 |
| Maintains | JP Morgan: Overweight to Overweight | 4/16/2024 |
| Maintains | Goldman Sachs: Buy to Buy | 4/16/2024 |
| Initiated | Truist Securities: Buy | 3/14/2024 |
| Downgrade | Evercore ISI Group: Outperform to In-Line | 2/20/2024 |
| Maintains | Citigroup: Neutral to Neutral | 2/12/2024 |
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