155.57 +2.32 (1.51%)
Pre-Market: 8:37AM EDT
|Bid||155.03 x 500|
|Ask||155.58 x 200|
|Day's Range||152.37 - 156.14|
|52 Week Range||95.80 - 173.24|
|PE Ratio (TTM)||121.63|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||3.12 (2.05%)|
|1y Target Est||178.26|
Earth-moving giant Caterpillar Inc. ( CAT) is a component of the Dow Jones Industrial Average. As Carole King sang, "I feel the earth move under my feet," this could become a common sensation during any infrastructure plans, and 300 of Caterpillar's machines will see demand if those plans come to fruition. Caterpillar stock closed Friday at $153.25, down 2.7% year to date and in correction territory at 11.5% below its 2018 high of $173.24 set on Jan. 16.
Analysts at Citi upgrade Caterpillar to buy from neutral, noting the industrial giant will benefit from improvements in the Chinese construction sector.
Earnings season is important for all stocks, but Morgan Stanley’s equity research team came out with a report earlier this week highlighting a dozen stocks they will be watching closely this earnings season. ...
Investing.com - The coming week marks the busiest one of the first-quarter earnings season on Wall Street, with many of the big-name U.S. technology stocks, such as Facebook, Amazon and Google, set to report in the days ahead.
Big-brand stocks have established business models and tend to draw consumers and investor attention even when the equity market is choppy.
The latest data as of March 29, 2018, show that 3M’s (MMM) short interest has fallen. The bearish sentiment in the stock decreased after the stock went through a correction after reaching an all-time high of $258.63. The short interest fell to 1.2% as of March 29, 2018.
3M (MMM) is expected to post an adjusted EPS (earnings per share) of $2.51 in 1Q18—an increase of 16.2% compared to 1Q17. In 1Q17, 3M reported an adjusted EPS of $2.16. If 3M can beat Wall Street analysts’ expectations, it would continue its trend of beating the estimates in every quarter last year.
Caterpillar (CAT) seems poised to deliver another upbeat quarter thanks to improvement across all of its end markets as well as its efforts to cut down costs.
As the market charges ahead into corporate earnings reporting season, one team of analysts on the Street has highlighted a handful of stocks it sees as set to perform the best amid a pricey U.S. stock market, as outlined by CNBC.
Caterpillar mounted a three-month trendline after bouncing at the 200-day EMA, raising the odds that the intermediate correction has ended.
Some industrial and semiconductor stocks could get a boost from their upcoming earnings reports as stock analysts step up their expectations, according to analysis from MKM Partners.
Technically speaking, the U.S. benchmarks’ jagged April rally attempt has reached potentially consequential tests, writes Michael Ashbaugh. On a headline basis, the S&P 500 is challenging major resistance ...
Short interest data from March 28, 2018, shows that Honeywell’s short interest had fallen to its lowest level in 2018 despite market volatility due to trade wars and political tensions, indicating very low bearishness. As of March 29, Honeywell’s short interest as a percentage of outstanding shares was 0.97%, compared with 1.3% on December 29, 2017. In the same period, its stock price fell from $153.36 to $144.51.
Machine learning startup Uptake is buying Asset Performance Technologies, which controls a huge trove of industrial data.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.