|Bid||0.00 x 900|
|Ask||0.00 x 3200|
|Day's range||139.05 - 140.54|
|52-week range||105.11 - 173.24|
|PE ratio (TTM)||37.68|
|Earnings date||30 Jul 2018|
|Forward dividend & yield||3.44 (2.54%)|
|1y target est||169.96|
Jun.29 -- Janus Henderson Director of Research Carmel Wellso discusses the outlook for crude oil and the impact of trade tensions on markets with Bloomberg's Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
Jim Cramer warns investors of Boeing, Caterpillar and other China-reliant stocks that the trade war could still get worse.
It's been a tough year for industrials, with the Industrial Select Sector SPDR ETF (XLI) falling 3%, and Goldman Sachs' Jerry Revich warns that there may be more pain to come. Revich removed Caterpillar (CAT) and Deere (DE) from the firm's Conviction Buy List Tuesday (although he retained Buy ratings on both stocks), and he also downgraded Manitowoc (MTW) and Generac Holdings (GNRC) to Sell from Neutral, with new price targets of $22 and $45, respectively. Along with Caterpillar and Deere, he has Buy ratings on Agco (AGCO) and Trimble (TRMB).
On July 9, Caterpillar (CAT) announced the appointment of Ogi Redzic as the vice president of the DES (Digital Enabled Solutions) division. Redzic will replace Julie Lagacy, who led the division for an interim period. The changes will be effective on July 30.
Executives from India met in Washington at the Annual Leadership Summit of the U.S.-India Strategic and Partnership Forum. Many expressed their concern about an ongoing trade dispute.
Why Did Caterpillar Increase Its Dividend? As of July 11, Caterpillar’s (CAT) dividend yield was 2.4%—the highest in the past three quarters. To calculate the current dividend yield, we have factored in that Caterpillar would be paying the new dividend rate for the remaining quarters in fiscal 2018. In comparison, Boeing (BA), Honeywell (HON), and General Electric (GE) have dividend yields of 2%, 2.06%, and 3.4%, respectively.
In the previous part, we discussed Caterpillar’s (CAT) latest dividend and dividend growth. In this part, we’ll analyze how Caterpillar’s free cash flows are supporting the dividend growth.
Why Did Caterpillar Increase Its Dividend? For the fiscal third quarter, Caterpillar (CAT) declared a regular cash dividend for its common equity shareholders. To be eligible for this dividend, investors should hold Caterpillar shares at the end of July 20 in the company’s record book.
European shares traded sharply lower on Wednesday afternoon as U.S. authorities unveiled a new list of Chinese products that could see tariffs.
Wall Street was lower at midday on Wednesday, joining a global share market sell-off as investors recoiled from the Trump administration’s plans to impose new tariffs on $200bn worth of Chinese imports. ...
Earnings out of Pepsi and the latest report on job openings and small business confidence will be highlights for investors on Tuesday.
We put Caterpillar (CAT) and Deere (DE), which carry the same Zacks Rank, on a scale to assess which is a better stock to invest in on the basis of certain metrics.
There's been no shortage of debate about whether or not the construction-equipment cycle has peaked, but Melius Research's Rob Wertheimer argues that the market is underappreciating the current recovery. Wertheimer writes that it's "fairly easy" to show that on the supply side, equipment ins't at peak, and "probably not even high cycle." That said, the "tepid" nature of the construction recovery means that the demand side of the equation hasn't been as robust.
Walgreens Boots Alliance, the newest Dow Jones stock, is the biggest Dow loser in 2018 so far. 3M, Procter & Gamble, Caterpillar and Goldman Sachs round out the top five Dow losers.
The Dow Jones Industrial Average rallied triple digits in Friday trading, on track to close out the quarter on a high note. Still, the blue-chip index is negative for the year to date, and some of its components have undergone meaningful technical damage in recent months.
Thursday will bring investors the busiest economics and earnings schedule of the week with just two trading days remaining in the second quarter and first half of this year.
Zacks.com highlights: Weight Watchers International, J.Jill, WellCare Health Plans, Align Technology and Caterpillar
Zacks Investment Ideas feature highlights: Tesla, Alphabet, Caterpillar, Deere and Goodyear Tire
Shares of Caterpillar (CAT) closed up marginally on Friday, ending a streak of nearly two straight weeks of losses on the back of heightened trade war tensions between the U.S. and China. With that said, now might be the time for investors to consider buying Caterpillar stock based on its currently stellar valuation picture and strong growth prospects.