What 6 Analyst Ratings Have To Say About Caterpillar
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has been analyzed by six analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has increased to $358.33. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Despite a recent revenue decline, Caterpillar maintains strong net margins and return on equity, though it carries a high debt-to-equity ratio.
September 30, 2024 | 4:00 pm
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Caterpillar has received mixed analyst ratings, with a recent increase in the average price target to $358.33. Despite a revenue decline, the company shows strong net margins and ROE, but carries a high debt-to-equity ratio.
The mixed analyst ratings and recent adjustments in price targets indicate a neutral short-term impact on Caterpillar's stock price. The increase in the average price target suggests some positive sentiment, but the revenue decline and high debt-to-equity ratio may offset this. The strong net margins and ROE are positive indicators of financial health, but the overall mixed signals from analysts suggest a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100