Is Caterpillar a good stock to buy now?

Is Caterpillar a good stock to buy now?

Caterpillar’s industry sector, Construction and Mining, ranks in the top 40% in Zacks’ Industry Rank. Zacks ranks Caterpillar itself as a number 3, for “hold,” over the next one to three months. A 3 rating correlates with a 10.62% annualized return prediction.

Is Caterpillar stock a buy sell or hold?

Caterpillar has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 11 buy ratings, 3 hold ratings, and 1 sell rating.

Is Caterpillar a good dividend stock?

Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CAT is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).

What is the forecast for Caterpillar stock?

Stock Price Forecast The 23 analysts offering 12-month price forecasts for Caterpillar Inc have a median target of 240.00, with a high estimate of 350.00 and a low estimate of 164.00. The median estimate represents a +12.65% increase from the last price of 213.04.

Is Caterpillar a good long term investment?

Analysts expect earnings-per-share growth of 6% for the quarter, and 59% growth for the full year. Annual growth estimates were recently revised lower. Caterpillar Stock has a 91 Composite Rating and earns the No. 1 rank among its peers in the Machinery-Construction/Mining industry group.

Is CAT overvalued?

Price to Book Ratio PB vs Industry: CAT is overvalued based on its Price-To-Book Ratio (6.7x) compared to the US Machinery industry average (2.2x).

Is CAT stock undervalued?

CAT Looks undervalued at its Current Price level In terms of forward P/E, CAT is currently trading at 20.59x, which is 7.8% lower than the 22.34x industry average. Also, its 0.77x forward non-GAAP PEG is 55% lower than the 1.71 industry average.

Is Caterpillar a dividend aristocrat?

Caterpillar is one of the few cyclical companies that is a Dividend Aristocrat, a member of the S&P 500 that has paid and raised its annual dividend for at least 25 consecutive years.

Is CAT stock overvalued?

PB vs Industry: CAT is overvalued based on its Price-To-Book Ratio (6.5x) compared to the US Machinery industry average (2.1x).

What is Zacks rating of CAT?

CAT 207.19 +2.86(1.40%)

Is Caterpillar a blue chip stock?

Blue-chip stocks are high-quality stocks, have a reliable financial track record, are rather stable stocks and often offer an attractive dividend yield….3 Undervalued Blue-Chip Stocks to Buy Now.

AXP American Express $186.96
CAT Caterpillar $230.50

When did Caterpillar stock split?

Stock Split History

Record Date Payable Date Description
August 9, 1994 September 5, 1994 2-for-1 split in the form of a 100% stock dividend
June 28, 1976 July 23, 1976 3-for-2 split
June 4, 1964 July 3, 1964 2-for-1 split
August 21, 1959 September 11, 1959 3-for-1 split