|Bid||126.43 x 1300|
|Ask||126.47 x 800|
|Day's Range||124.64 - 127.65|
|52 Week Range||112.06 - 173.24|
|Beta (3Y Monthly)||1.85|
|PE Ratio (TTM)||20.03|
|Earnings Date||Jan 28, 2019|
|Forward Dividend & Yield||3.44 (2.71%)|
|1y Target Est||156.33|
Some people see optimism going into 2019 despite all the recent volatility. Yahoo Finance's Alexis Christoforous and Brian Sozzi it all down.
S&P 500 companies are poised to deliver a 22% gain in earnings this year, leaving the benchmark index trading at 15 times forward earnings. For investors looking to next year, an important issue is whether to go with defensive stocks (utilities, real estate investment trusts, health-care companies, and consumer staples), economically sensitive issues (banks, retailers, and industrials), or growth stocks (mostly in technology). Value managers see some of the best opportunities in years, and most of our stock picks trade for 10 times forward earnings or less.
Back in January, when trade tensions between China and the U.S. seemed to be moving out of the bluster phase and into the realm of possible imposition of tariffs, the stock of Caterpillar Inc. (CAT) served as a bellwether for deteriorating investor sentiment concerning resolution of the trade issues and its impact on U.S. heavy equipment and manufacturing companies. After news of any deterioration -- either real or imagined -- in the trade relationship, Caterpillar stock would predictably drop in response. Warning! GuruFocus has detected 2 Warning Signs with CAT.
DEERFIELD, Ill., Dec. 14, 2018 /PRNewswire/ -- Caterpillar Inc. (CAT) today announced several changes in responsibilities for current vice presidents. Caterpillar's Services, Distribution and Digital (SD&D) segment is restructuring its distribution divisions to better serve its global customer and dealer base. Raymond Chan, who was first named a vice president in 2015 and currently has responsibility for the Asia Pacific, CIS, Africa & Middle East Distribution Services Division, will now oversee the Asia Pacific Distribution Services Division.
Markets closed mostly lower on Thursday, with stocks moving in and out of positive territory, as investors continued to worry over the lack of clarity and progress in U.S.-China trade talks.
Jim Umpleby has served as Caterpillar's CEO since March 2017; he now serves as the company's board chairman as well.
Despite the recent drop in sales growth, Caterpillar (CAT) will benefit from strong order rates and an increasing backlog through the rest of 2018.
Caterpillar Inc.’s chief executive Jim Umpleby has been named chairman of the machinery giant’s board as well, cementing his leadership nearly two year into his tenure. The move reverses Caterpillar’s decision to split the CEO and chairman positions last year. Corporate governance experts say that having a separate chief executive and board leader can improve oversight and decision-making for many companies.
(Reuters) - Caterpillar Inc (CAT.N) said on Thursday Chief Executive Officer Jim Umpleby would take on the additional role of chairman, effective immediately. Umpleby, a member of the board and CEO since ...
Umpleby, a member of the board and CEO since Jan. 1, 2017, is widely credited for pulling the company out of its longest downturn - from 2012 to 2016 - when sales dropped more than 40 percent. Under his leadership, the company has been focusing on improving operational efficiency - squeezing more production from its factories and buying more of what it needs from outside suppliers on a just-in-time basis. Dave Calhoun, who has served as non-executive chairman since last year, will remain on the board as presiding director, the company said.
In today's stock market, Procter & Gamble and Caterpillar were top gainers in the Dow Jones. PayPal and Tesla buoyed the Nasdaq 100.
DEERFIELD, Ill. , Dec. 13, 2018 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Jim Umpleby , the company's Chief Executive Officer, to the additional position of Chairman ...
United Rentals (URI) shares rose 6.3% on December 12 after the company reaffirmed its guidance for 2018 and provided an optimistic outlook for 2019. The shares also got a boost from the announcement that the company will resume its share repurchase program.
Shares of Boeing (BA) and Caterpillar (CAT) have fallen victim to the larger market selloff over the last three months. With that said, both Boeing and Caterpillar's fourth quarter and fiscal 2019 outlooks appear strong.
Investing.com - The Dow rallied, but closed well below its session highs Wednesday, even as positive news on U.S. and China trade raised hopes that both nations may be able to find a way to resolve their bitter dispute.
DEERFIELD, Ill. , Dec. 12, 2018 /PRNewswire/ -- The board of directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of eighty-six cents ($0.86) per share of common ...
Andy Agg, the interim chief financial officer of UK infrastructure operator National Grid will take on the position on a permanent basis from next year. Mr Agg has held the role on an interim basis since his predecessor Andrew Bonfield left in July to take up a position as CFO of US construction equipment manufacturer Caterpillar. “Andy has done a great job since stepping into the role on an interim basis in July and I am personally delighted that he has now been formally appointed to the role,” said John Pettigrew, National Grid chief executive.
The truce trade deal between the US (SPY) and China (FXI) seems to be causing more harm than good to the markets at the moment. As we’ve already discussed in the previous parts of this series, the markets lost more than double the gains they made on the truce deal. The contradictory claims from within the White House is now causing more damage to markets.
President Trump seems to be fixated on equity markets. On December 31, 2017, in response to a Fox Business article, Trump tweeted, “If the Dems (Crooked Hillary) got elected, your stocks would be down 50% from values on Election Day. Trump has always been quite quick to take credit for the stock market’s gains.