131.11 -0.91 (-0.69%)
After hours: 4:11PM EDT
|Bid||131.98 x 800|
|Ask||131.98 x 800|
|Day's Range||129.43 - 133.25|
|52 Week Range||112.69 - 173.24|
|PE Ratio (TTM)||25.51|
|Earnings Date||Oct 23, 2018 - Oct 24, 2018|
|Forward Dividend & Yield||3.44 (2.46%)|
|1y Target Est||166.05|
Since peaking in mid-January, Caterpillar shares have shed 24% of their value. The rationale goes something like this: If CAT stock can’t recover when the rest of the market is climbing back to previous peaks, then when will it recover? Caterpillar has suffered serial underperformance.
Deere (DE) is expected to report revenues of $9.21 billion in the third fiscal quarter from its equipment operations. In the third fiscal quarter of 2017, Deere reported revenues of $6.83 billion from equipment operations. If Deere meets the revenue expectations, it would be the highest third-quarter revenues since the third fiscal quarter of 2013.
MARKET PULSE Shares of Caterpillar Inc. (cat) sank 3.4% in morning trade Wednesday, to pace the 26-of-30 Dow Jones Industrial Average (djia) components that are losing ground. The Dow dropped 288 points, as investors expressed concern over Turkey's currency crisis.
Deere (DE) is scheduled to announce its third fiscal quarter earnings on August 17 before the market opens. The announcement will be followed by a conference call at 10:00 AM EST. In this series, we’ll analyze Deere’s stock performance since it announced its second-quarter earnings on May 18. We’ll discuss analysts’ earnings and revenue expectations for the third quarter. We’ll also provide insight into analysts’ recommendations and valuations.
A group promoting workforce development in manufacturing is making inroads toward ending a shortage of skilled workers.
As the long term picture is rosy after the initial dip, it will be wise to invest in growth stocks. Also, stocks after a dip are at a discount.
Caterpillar's (CAT) Resource Industries, Construction Industries and Energy & Transportation continue to report gains for the 13th, 18th and 11th consecutive months, respectively.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Caterpillar (CAT) have what it takes? Let's find out.
U.S. equities are extending to the downside on Monday, with the Dow Jones Industrial Average falling further away from its 20-day moving average to cap a three-day losing streak. Watch for a looming test of the 25,000 level, which has been repeatedly crossed — on the upside and the downside — numerous times since it was first breached back in January.
The industrial sector is slipping this morning, but Eaton (ETN) is making small gains, helped by an upgrade from JPMorgan. Where we were: Industrial and machinery stocks have been hurt in recent months by worries that a trade war will hit the sector harder than most. Where we're headed: JPMorgan sees plenty of positive fundamentals underpinning stocks, and believes Eaton will be among the winners.
On August 7, Stanley Black & Decker (SWK) announced that it signed a definitive agreement to acquire International Equipment Solutions Attachments Group. The deal is valued at ~$690 million in cash. Stanley Black & Decker is expected to fund the acquisition through cash in hand and proceeds from borrowings. However, the company didn’t state when the acquisition will be complete.
At the same time, Mr. Drucker left little doubt about the engine required to make these functions flourish. The Drucker Institute’s gauge of corporate effectiveness certainly seems to back him up on that.
American factories are running short of parts. Suppliers of everything from engines to electronic components aren’t keeping up with a boom in U.S. manufacturing, which has lifted demand in markets such as energy, mining and construction. As a result, some manufacturers are idling production lines and digesting higher costs.
Investing.com - The Dow fell sharply Friday on fears a rout of the Turkish lira could have an overarching impact on the global economy.
Stocks that moved substantially or traded heavily Friday: Overstock.com Inc., up $3.05 to $41.65 The online discount retailer said a private equity firm is investing in its blockchain business. Citigroup ...
Caterpillar (CAT) is seeing solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.