Caterpillar Stock Price on February 29, 2024
| CAT Stock | USD 343.38 5.38 1.59% |
Below is the normalized historical share price chart for Caterpillar extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Caterpillar stands at 343.38, as last reported on the 29th of April, with the highest price reaching 345.50 and the lowest price hitting 338.33 during the day.
If you're considering investing in Caterpillar Stock, it is important to understand the factors that can impact its price. Caterpillar appears to be very steady, given 3 months investment horizon. Caterpillar secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Caterpillar, which you can use to evaluate the volatility of the firm. Please makes use of Caterpillar's Mean Deviation of 1.16, risk adjusted performance of 0.1113, and Downside Deviation of 1.93 to double-check if our risk estimates are consistent with your expectations.
At this time, Caterpillar's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 568.7 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 4.1 B in 2024. . At this time, Caterpillar's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 15.34 in 2024, whereas Price Cash Flow Ratio is likely to drop 6.83 in 2024. Caterpillar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 1962 | 200 Day MA 292.3285 | 50 Day MA 349.244 | Beta 1.164 |
Caterpillar |
Sharpe Ratio = 0.13
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CAT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Caterpillar is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Caterpillar by adding it to a well-diversified portfolio.
Price Book 9.3663 | Enterprise Value Ebitda 13.5936 | Price Sales 2.7227 | Shares Float 492.3 M | Dividend Share 5.2 |
Related Headline
Lion Electric Headline on 29th of February 2024
TruckBus Manufacturer Lion Electric Reports Disappointing Q4... by finance.yahoo.com
Thursday, The Lion Electric Company reported fourth-quarter 203 revenue of 60.4 million, up from 46.8 million a year ago, sharply below the consensus of 89.99 million. The increase in revenue was primarily due to an increase in vehicle sales volume of 14 units, from 174 units to 188 units The number of vehicles del
Caterpillar Valuation on February 29, 2024
It is possible to determine the worth of Caterpillar on a given historical date. On February 29, 2024 Caterpillar was worth 331.0 at the beginning of the trading date compared to the closed value of 332.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Caterpillar stock. Still, in general, we apply an absolute valuation method to find Caterpillar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Caterpillar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Caterpillar's related companies.
| Open | High | Low | Close | Volume | |
| 327.39 | 331.68 | 326.99 | 328.36 | 1,471,000 | |
02/29/2024 | 331.00 | 334.89 | 330.10 | 332.75 | 2,699,800 |
| 334.00 | 337.77 | 333.60 | 335.48 | 1,815,200 |
| Backtest Caterpillar | | | Caterpillar History | | | Caterpillar Valuation | Previous | Next |
Caterpillar Trading Date Momentum on February 29, 2024
| On March 01 2024 Caterpillar was traded for 335.48 at the closing time. Highest Caterpillar's price during the trading hours was 337.77 and the lowest price during the day was 333.60 . The net volume was 1.8 M. The overall trading history on the 1st of March contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.82% . The overall trading delta to current price is 1.28% . |
Caterpillar Fundamentals Correlations and Trends
By evaluating Caterpillar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Caterpillar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Caterpillar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Caterpillar Stock history
Caterpillar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Caterpillar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Caterpillar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Caterpillar stock prices may prove useful in developing a viable investing in Caterpillar
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 513.6 M | 568.7 M | |
| Net Income Applicable To Common Shares | 7.7 B | 8.1 B |
Caterpillar Quarterly Net Working Capital |
|
Caterpillar Stock Technical Analysis
Caterpillar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Caterpillar Period Price Range
Low | February 29, 2024
| High |
331.00 | 332.75 |
Caterpillar April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Caterpillar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caterpillar shares will generate the highest return on investment. By undertsting and applying Caterpillar stock market strength indicators, traders can identify Caterpillar entry and exit signals to maximize returns
| Accumulation Distribution | 38615.79 | |||
| Daily Balance Of Power | 0.3653 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 332.5 | |||
| Day Typical Price | 332.58 | |||
| Price Action Indicator | 1.13 | |||
| Period Momentum Indicator | 10.63 |
Caterpillar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Caterpillar's price direction in advance. Along with the technical and fundamental analysis of Caterpillar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Caterpillar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.1465 | |||
| Total Risk Alpha | 0.057 | |||
| Sortino Ratio | 0.0941 | |||
| Treynor Ratio | 0.1804 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caterpillar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Caterpillar Stock please use our How to Invest in Caterpillar guide.Note that the Caterpillar information on this page should be used as a complementary analysis to other Caterpillar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Caterpillar Stock analysis
When running Caterpillar's price analysis, check to measure Caterpillar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caterpillar is operating at the current time. Most of Caterpillar's value examination focuses on studying past and present price action to predict the probability of Caterpillar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caterpillar's price. Additionally, you may evaluate how the addition of Caterpillar to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |
Is Caterpillar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caterpillar. If investors know Caterpillar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caterpillar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.537 | Dividend Share 5.2 | Earnings Share 22.11 | Revenue Per Share 132.661 | Quarterly Revenue Growth (0) |
The market value of Caterpillar is measured differently than its book value, which is the value of Caterpillar that is recorded on the company's balance sheet. Investors also form their own opinion of Caterpillar's value that differs from its market value or its book value, called intrinsic value, which is Caterpillar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caterpillar's market value can be influenced by many factors that don't directly affect Caterpillar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caterpillar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caterpillar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caterpillar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.