Taking a Look at the Data Behind Caterpillar Inc. (CAT)

Caterpillar Inc. (CAT) is an interesting player in the Industrial Goods space, with a focus on Farm & Construction Machinery. The stock has been active on the tape, currently trading at $153.80, up from yesterday’s close by 0.79%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Caterpillar Inc. (CAT) currently trades with a market capitalization of $91.97 Billion. That value represents a market adjusting for revenues that have been growing by 30.92 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.52 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $2.69 on a per share basis this quarter. Perhaps, that suggests something about why 0.65% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how CAT has been acting. Looking at the stock’s movement on the chart, Caterpillar Inc. recorded a 52-week high of $173.24. It is now trading 19.44% off that level. The stock is trading $149.83 its 50-day moving average by -3.97%. The stock carved out a 52-week low down at $97.74.

In recent action, Caterpillar Inc. (CAT) has made a move of -1.38% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.65% with $597.01 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CAT.

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