Tag: Caterpillar

Caterpillar faces the effects of commodity slump, and Fedex announces strong revenue results

CAT – Caterpillar, Inc. is a manufacturer of diesel and natural gas engines, industrial gas turbines, construction and mining equipment. It operates in Energy and transportation industry, Construction Industry and Resource industry.

CAT- Caterpillar, Inc

Fundamentals Previously closed at 74.34
Day’s high 74.51
Day’s low  72.20
P/E ratio 21.24
EPS 3.50

 

Analysts opinion Analysts have a consensus “Hold” rating for the stock with a target price of $60.50. Analysts expect Q1 sales to be $10.4 billion, and an EPS of $0.97. But, the oil crisis weighs much on the company and today, Caterpillar announced that it would be cutting its Q1 revenue expectations. The Q1 sales guidance by the company is $9.3-$9.4 Billion, and EPS at $0.65 – $0.7 range which is way below analyst expectations.
Sentiments Due to the news, Investors believe that the revenue expectations are cut down due to continuing commodity slump, and hence have a bearish sentiment for the stock
Social Pulse The stock has 29% lower social chatter than usual.

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