Caterpillar Inc. (CAT)
Should You Pick Caterpillar Stock At $335?
Caterpillar (NYSE: CAT) stock has seen a rise of 7% in a week, while its peer, Deere stock, hasn't seen any change. The rise for CAT stock can be attributed to its recently reported Q2 results, with revenues slightly below but earnings above the consensus as well as our estimates.
1 Key Number That Could Send Caterpillar Stock Higher
Caterpillar's sales are declining, but its profits are growing. Caterpillar's price realization has been exceptional this year.
Caterpillar (CAT) Moves Above 50-Day SMA Post Q2 Earnings: Time to Buy?
Caterpillar (CAT) delivered record earnings in Q2 despite lower volumes impacting revenues. This and a projection of higher earnings for 2024 have boosted share prices.
Is Caterpillar Stock Going to $399? 1 Wall Street Analyst Thinks So
Caterpillar has outperformed expectations on earnings and margins this year, even as it lowered sales guidance. Much of the profits that are better than expected come from increased prices.
The 7 Best Stocks to Buy in August 2024
Markets are in turmoil as the selloff in mega-cap technology stocks that began in July accelerates. On Aug. 5, the mega-cap tech companies known as the “Magnificent Seven,” generally considered among the best stocks to buy, lost a combined $1 trillion of value amid a global stock market rout.
Why Caterpillar Stock Edged Past the Market Today
Several analysts upped their price targets on the shares. The heavy machinery specialist is winning praise for its ability to earn a profit in challenging circumstances.
Caterpillar Is 'Holding The Line' On Earnings, Despite Macro Slowdown: Analyst Takeaways From Q2 Results
Caterpillar Inc. CAT shares are climbing on Wednesday, after the company reported strong second-quarter results.
S&P 500 Surges Over 2%; Caterpillar Earnings Beat Estimates
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 2% on Tuesday.
Caterpillar To See Margin Gains As Inventory Levels Normalize: Goldman Sachs
Caterpillar, Inc. CAT shares are trading higher today after the company reported second-quarter FY24 results. Goldman Sachs analyst Jerry Revich maintained a Buy rating with a price target of $408.
Here's Why Caterpillar Stock Is Outperforming Today
Management lowered its full-year sales guidance but increased profit guidance. The company's end markets are slowing, but Caterpillar's higher margin performance appears to be sticky.
Caterpillar (CAT) Q2 Earnings Top Estimates on Favorable Pricing
Caterpillar's (CAT) second-quarter 2024 earnings improve year over year, buoyed by the upbeat performance of the Energy & Transportation segment, offsetting weaker performance in other segments.
Caterpillar Inc. (CAT) Q2 2024 Earnings Call Transcript
Caterpillar Inc. (NYSE:CAT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Ryan Fiedler - Vice President of Investor Relations James Umpleby - Chairman and Chief Executive Officer Andrew Bonfield - Chief Financial Officer Conference Call Participants Chad Dillard - Bernstein Jamie Cook - Truist Securities Stephen Volkmann - Jefferies Robert Wertheimer - Melius Research David Raso - Evercore ISI Michael Feniger - Bank of America Jerry Revich - Goldman Sachs Tami Zakaria - JP Morgan Mircea Dobre - Baird Kyle Menges - Citi Steven Fisher - UBS Angel Castillo - Morgan Stanley Timothy Thein - Raymond James Nicole DeBlase - Deutsche Bank Operator Welcome to the Second Quarter 2024 Caterpillar Earnings Conference Call. Please be advised that today's conference is being recorded.
