|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||152.66 - 155.07|
|52 Week Range||122.39 - 175.26|
|PE Ratio (TTM)||23.91|
|Earnings Date||Nov 21, 2018|
|Forward Dividend & Yield||2.76 (1.87%)|
|1y Target Est||176.83|
The latest short interest report on August 31 indicates that Caterpillar’s (CAT) short interest declined compared to its previous report two weeks ago. So far, Caterpillar’s short interest has been 1%–2% in 2018. Caterpillar managed to post strong earnings in the second quarter and beat analysts’ estimates.
In the previous part, we discussed Caterpillar’s (CAT) debt position. In this part, we’ll discuss Caterpillar’s free cash flow and see if it’s strong enough to repay the debt. Caterpillar has been generating strong free cash flows.
Sensible investors years ago could have chosen market leaders like Polaroid, General Motors (NYSE:GM), Sears (NASDAQ:SHLD), and myriad other ‘safe’, seemingly dominant stocks that would go on to stumble badly — or even go bankrupt. It’s far from guaranteed, however, that even torrid growth will produce much in the way of long-term returns relative to the stocks’ current prices.
U.S. equities are moving higher on Tuesday amid a “sell the rumor, buy the news” dynamic following a tepid response by China to President Trump’s imposition of fresh tariffs on $200 billion worth of Chinese imports on Monday night. Later Tuesday, China started to outline its response. It formally complained to the World Trade Organization.
A press release from Caterpillar (CAT) on September 14 said that the company was included in the 2018 DJSI (Dow Jones Sustainability Index)—the company’s 19th appearance in the index. The DJSI considers economic, climate change mitigation, environment, social performance, good labor practices, and other parameters.
On September 14, Deere (DE) and Granular launched a farm management tool called “Profit Maps.” Profit Maps is a free tool that can be accessed through John Deere’s operations center. Profit Maps helps farmers by providing information about the average cost. The product also provides revenue profit map layers at the sub-field level.
Deere (DE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
We have highlighted a few ETFs and stocks from sectors that are expected to outperform at least in the near term following fresh U.S.-China trade talks.
On September 7, Deere & Company (DE) announced the product updates for the 310L EP backhoe and the 210L EP tractor loader. Deere stated that these enhancements are expected to improve productivity and trim operating costs.
Off I went to Washington, D.C., to see the star of the museum’s “Precision Farming” exhibit: a spare, rude piece of blacksmithing painted a garish green, yellow and red, the 1918 Waterloo Boy Tractor. This gaily colored monster is celebrated as John Deere’s first tractor, but it’s not, not really. Then, in 1918, Deere and Company simply bought the Waterloo Gasoline Engine Co. of Waterloo, Iowa, maker of the simple, lightweight Boy.
Industrial stocks as a sector of the S&P 500 have had a tough going year-to-date, yet the price action over the past month or is beginning to show more constructive signs. DE stock has given the bulls four bullish reversals since late April, and it increasingly looks likely a push higher is in the cards for this name. Case in point with industrial stocks, which as a sector are up by around 2.5% for 2018 so far and thus notably lagging the S&p 500.
On August 29, Deere announced the regular quarterly dividend on its outstanding shares. To be eligible for the dividend, investors should hold Deere shares as of September 28 in the company’s record. The dividend is expected to be paid on November 1. At the end of the third fiscal quarter, Deere had 328 million outstanding shares. Assuming no buyback happens, Deere will be paying ~$226.32 million in dividends to its shareholders.
On August 29, Caterpillar (CAT) announced that it intends to sell its purpose-built forestry business. Caterpillar entered into a preliminary agreement with Weiler. The product line includes wheel skidders, track feller bunchers, wheel feller bunchers, and knuckleboom loaders.
As of August 30, 3M’s dividend yield was at 2.60%, which shows signs of stabilization. The company witnessed a continuous decline in the dividend yield from the third quarter of 2015 until the fourth quarter of 2017. Stanley Black & Decker (SWK), Caterpillar (CAT), and Deere (DE) have dividend yields of 1.8%, 2.4%, and 1.9%, respectively.
Agriculture stocks often find themselves ignored by most stock market investors. Also, because farmland serves as a vast American resource, U.S. agriculture goes a long way toward feeding much of the world.
Deere (DE)'s third quarter results showed significant growth for the company. Worldwide net sales and revenue increased 32% to $10.308 billion. Equipment net sales increased 36% to $9.3 billion due in part to strength in key markets.
MOLINE, Ill. , Aug. 29, 2018 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.69 per share on common stock, payable November 1, 2018 , to stockholders ...
Deere (DE) to gain from positive scenario in the Construction & Forestry equipment segment and focus on precision agriculture strategy despite concerns in the agriculture business.