CAT News Today | Why did Caterpillar stock go down today?

4 days ago · Shares of Caterpillar Inc. (NYSE:CAT - Get Free Report) have been assigned an average rating of "Hold" from the seventeen brokerages that are currently covering the stock, …

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Caterpillar’s Stock Is Falling Toward Its Worst Day ... - MarketWatch

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Apr 25, 2024 · On an adjusted basis, Caterpillar CAT posted profit of $5.60 a share, up from $4.91 a share a year before, while the FactSet consensus was for $5.14 a share. Partner …

marketwatch.com

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Why Caterpillar Stock Is Sinking Today - Caterpillar (NYSE:CAT)

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Oct 18, 2023 · Why Caterpillar Stock Is Sinking Today. ... CAT Price Action: Shares of CAT were down 4.49% at $260.40 at the time of publication, ... free reports and breaking news that …

benzinga.com

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Why Caterpillar Stock Is Down By 6% Today - Yahoo Finance

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Jan 28, 2022 · Currently, analysts expect that Caterpillar will report earnings of $12.39 per share in 2022, so the stock is trading at 16 forward P/E, which looks reasonable for the current …

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Caterpillar (NYSE:CAT) Rating Lowered To "Hold" At StockNews.com

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3 days ago · Caterpillar had a net margin of 16.26% and a return on equity of 59.09%. Caterpillar's quarterly revenue was down 4.2% compared to the same quarter last year. During …

marketbeat.com

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Caterpillar Shares Slide After Morgan Stanley Downgrades Stock To ...

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Shares of Caterpillar Inc (NYSE:CAT) fell 2.6% in pre-open trading after Morgan Stanley downgraded the stock to “underweight” from “equal-weight.” This shift in outlook comes amid …

yahoo.com

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Caterpillar Downgraded, Stock Falls. Why Wall Street Has Concerns.

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UBS analyst Steven Fisher bumps the stock to Sell from Hold. He cut his price target to $225 from $230 a share.

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Why Caterpillar Stock Is Down Today | The Motley Fool

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Feb 20, 2024 · One Wall Street analyst is calling the top on heavy equipment makers, and investors are heeding the call. Shares of Caterpillar (CAT-0.62%) traded down about 3% on …

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Why Is Caterpillar Inc (CAT) Stock Down 5.08% Today?

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Oct 31, 2023 · Caterpillar, Inc. Stock (CAT) dropped by 6.65% from $242.16 to $226.05 in the trading on Tuesday October 31, 2023. The reason why CAT stock down today include: Weak …

stockscan.io

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Why Caterpillar Stock Is Down Today - MSN

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In the quarter, Caterpillar repurchased about $4.5 billion worth of shares and paid out $600 million in dividends. Over the past decade, the company has reduced its share count by about 20%.

msn.com

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Caterpillar Stock Plummeting On Order Backlog Decline

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Oct 31, 2023 · Last seen down 5.7% at $228.42, Caterpillar stock is today trading at its lowest level since June. Should these losses hold, the security will mark its fourth loss in five …

schaeffersresearch.com

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Caterpillar Stock Falls After Earnings. Here’s Why. - MSN

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Still, Caterpillar stock was down 4% in premarket trading. S&P 500 and Dow Jones Industrial Average futures were off 0.7% and 0.6%, respectively. Starting points might explain part of the …

msn.com

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World's Largest Construction Equipment Manufacturer …

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Apr 25, 2024 · Caterpillar Inc CAT reported a first-quarter fiscal 2024 revenue of $15.8 billion, a slight decrease of 0.4% year-over-year, missing the consensus of $16.216 billion.. CAT’s …

benzinga.com

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Caterpillar Inc. (CAT) Is A Trending Stock: Facts To Know Before ...

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2 days ago · For the current quarter, Caterpillar is expected to post earnings of $5 per share, indicating a change of -4.4% from the year-ago quarter. The Zacks Consensus Estimate …

yahoo.com

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Caterpillar Warns Its Sales May Drop As Demand Drops - USA TODAY

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Apr 26, 2024 · Sales at Caterpillar's construction equipment business, which makes its ubiquitous yellow excavators, fell 5% in the first quarter, while its segment that caters to natural resources …

usatoday.com

FAQs about CAT News Today | Why did Caterpillar stock go down today? Coupon?

Why did Caterpillar's share price drop 3% today?

There are no prizes for guessing the main reason for the 3% decline in Caterpillar's ( CAT 1.24%) share price to late afternoon today. Higher-than-expected inflation data dampened hopes for an early interest rate cut, and that's not good news for highly cyclical stocks like Caterpillar. ...

Why did Caterpillar's shares rise 45% on Tuesday?

Shares of Caterpillar ( CAT 3.04%) were up 4.5% by 11 a.m. on Tuesday. The move comes after the company's mixed earnings report. Sales declined, but Caterpillar is wringing profitability out of its operations, and investors have reason to believe that the company has structurally higher margins now. ...

Why did Caterpillar's stock find favor today?

When adjusting for currency movements and restructuring costs, operating profit rose by 1.8% rather than the 5% decline reported. That's why Caterpillar's stock found favor today. Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

Why did Caterpillar stock fall 26% in pre-open trading?

Investing.com -- Shares of Caterpillar Inc (NYSE:CAT) fell 2.6% in pre-open trading after Morgan Stanley downgraded the stock to “underweight” from “equal-weight.” This shift in outlook comes amid concerns about potential destocking within the company's Construction Industries segment and a revised price target of $332, down from $349. ...

How did Caterpillar's quarterly report affect shares?

Shares of Caterpillargained strong downside momentum after the company released its quarterly report. The company reported revenue of $13.8 billion and adjusted earnings of $2.69 per share, beating analyst estimates on both earnings and revenue. ...

Is Caterpillar stock considered undervalued?

Caterpillar's history of share buybacks indicates that management believes the stock is undervalued. This can potentially lead to capital appreciation for investors. In the last quarter, Caterpillar Inc. reported earnings per share of $5.99, beating analyst estimates. ...