Caterpillar NYSE: CAT sprzęt budowlany koparki, spychacze, obuwie, odzież

[slayer74]

Caterpillar Stock Could Be a Great Buy… as Long as There Isn’t a Recession
https://www.barrons.com/articles/caterp ... 1540935006

[slayer74]

Słabo rozpoczął się tydzień dla posiadaczy akcji koncernu Caterpillar. Największy na świecie producent ciężkiego sprzętu budowlanego nie spełnił oczekiwań analityków zarówno co do zysku za IV kwartał, jak i całorocznej prognozy na 2019 r., donosi Reuters. W reakcji akcje mocno tracą w przesesyjnym handlu.

W czwartym kwartale 2018 r., amerykańska spółka odnotowała wzrost przychodów we wszystkich swoich regionalnych przedsiębiorstwach, z największym wzrostem w Ameryce Północnej, jego największym rynku pod względem wartości. Jednak sprzedaż w branży budowlanej w regionie Azji i Pacyfiku spadła z powodu niższego popytu w Chinach.

W rezultacie łączne przychody wzrosły o 11 proc. do 14,34 mld USD. Nie poszedł jednak za wzrost rentowności. W przeliczeniu na akcje spółka zarobiła 2,55 USD wobec mediany prognoz zdecydowanie wyższej, bo opiewającej na 2,99 USD.

Firma opublikowała przy okazji prezentacji raportu oczekiwania odnośnie 2019 r. Wyrównany zysk na akcję ma wynieść od 11,75 do 12,75 USD na akcję podczas gdy analitycy spodziewają się wyniku na poziomie 12,73 USD.

W handlu przedsesyjnym akcje jednego z filarów indeksu Dow Jones IA zniżkują o około 5 proc.

https://www.pb.pl/rozczarowujace-wyniki ... ene-951665

[slayer74]

Caterpillar Slides as Deutsche Bank Cuts Rating to 'Hold' on Backlog Concerns

Deutsche Bank analyst Chad Dillard Dillard cut his rating on the shares to "hold" from "buy" with a $128 price target and said that if order backlog growth turns negative, it normally precedes a negative earnings revision cycle by around three months. That typically sees analysts trimming estimates by as much as 45%, triggering sharp share price declines, Dillard said.

https://www.thestreet.com/investing/sto ... s-14915525

[slayer74]

Caterpillar Inc. (CAT - Get Report) is expected to report earnings of $2.83 a share on sales of $13.3 billion before the market opens Apr. 24, based on a FactSet survey of 22 analysts.

In the same period a year ago, the company posted earnings of $2.82 a share on sales of $12.9 billion.

The stock has risen 14.5% since the company last reported earnings on Jan. 28.

Quarterly estimates have fallen less than 1 cent a share in the past month.

Caterpillar is currently trading at a price-to-forward-earnings ratio of 11.5 based on the 12-month estimates of 26 analysts surveyed by FactSet.

https://www.thestreet.com/investing/ear ... e-14935574

[slayer74]

What Macro Tells Us About Caterpillar

Summary
Caterpillar's stock price has completely ignored the most recent earnings beat and higher guidance revision.

This has a reason as leading economic indicators have started to decline since the end of 2018 resulting in lower stock price and sales expectations.

The stock is a strong buy once economic indicators start to bottom as a lot has already been priced in at this point.

https://seekingalpha.com/article/426997 ... lar?page=1

[slayer74]

Caterpillar Earnings Miss Badly

Caterpillar Earnings
Estimates: Analysts expected Caterpillar earnings per share to grow 5% to $3.12, according to Zacks Investment Research. Revenue was expected to rise 4% to $14.52 billion.

Results: Caterpillar earnings per share rose less than 1% to $2.83. Revenue climbed 3% to $14.43 billion.

Outlook: Caterpillar stuck to 2019 guidance for adjusted EPS of $12.06-$13.06, but said it expects to be "at the lower end of this outlook range." Prior to Caterpillar's second-quarter results, analysts expected EPS of $12.22 for 2019. That may exclude a Q1 tax benefit of 31 cents a share for the Dow Jones stock.

https://www.investors.com/news/caterpil ... nes-stock/

[slayer74]

Caterpillar Is Now A Buy At An Impressive ~3.5% Yield
https://seekingalpha.com/article/428707 ... ngcom_feed

[slayer74]

Caterpillar cuts profit outlook as China sales slump
(Reuters) - Industrial bellwether Caterpillar Inc (N:CAT) fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it reported a 13% slide in Asia sales driven by weakening demand in China.

The results, the latest hint of the deepening fallout for companies of U.S.-China trade tensions and a broader slowdown in the world's second-largest economy, sent shares in the heavy machinery maker down 5% and underpinned a fall in Dow Jones Industrial futures.

Caterpillar said the slump in Asia was led by a 29% plunge in construction equipment sales and that it was struggling against growing local competition and the broader economic slowdown as well as retailers slashing inventory.

https://www.investing.com/news/stock-ma ... mp-2002051

[slayer74]

2020/01/31

Why Caterpillar Stock Is Sinking After a Solid Beat on Earnings

Caterpillar Inc. (NYSE: CAT) reported fourth-quarter and full fiscal 2019 results before markets opened Friday. For the quarter, the heavy equipment firm posted adjusted diluted earnings per share (EPS) of $2.63 on revenues of $13.1 billion. In the same period a year ago, the company reported adjusted EPS of $2.55 on revenues of $14.3 billion. Fourth-quarter results also compare to consensus estimates for EPS of $2.37 and $13.41 billion in revenues.

For the full year, the industrial giant reported EPS of $11.06 and revenues of $53.8 billion. That compares with 2017 EPS of $11.22 and revenues of $54.7 billion. Analysts had forecast EPS of $10.82 and revenues of $54.09 billion.

In its outlook for 2020, Caterpillar said it expects profit per share in the range of $8.50 to $10.00. CEO Jim Umpleby commented, “We expect continued global economic uncertainty to pressure sales to users in 2020 and cause dealers to further reduce inventories.” Analysts had forecast full-year EPS of $10.82 on sales of $54.09 billion.

https://247wallst.com/industrials/2020/ ... -earnings/

[slayer74]

Caterpillar Beats Q1 Earnings Forecast Cautions on Coronavirus Impact Over 2020
Caterpillar posted a sharp decline in first quarter profits, and warned that the coronavirus will continue to hit profits throughout 2020.

Caterpillar Inc. (CAT) - Get Report posted stronger-than-expected first quarter earnings Tuesday but declined to provide a 2020 profit guidance and cautioned the coronavirus pandemic would continue to impact its operations for the remainder of the year.

Caterpillar said earnings for the three months ending in March were pegged at $1.98 per share, down 42.5% from the same period last year but 29 cents ahead of the Street consensus forecast. Group revenues, Caterpillar said, slumped 21% from last year to $10.64 billion, missing analysts' estimates of a $10.9 billion tally.

"We remain committed to the safety, health and well-being of our employees around the world, and I am proud of our employees and dealers for their dedication to our customers, their communities and each other," said CEO Jim Umpleby. "Our employees deliver products and services that enable our customers to provide critical infrastructure essential to support society during the COVID-19 pandemic."

Caterpillar shares were marked 1.6% higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $117.00 each.

https://www.thestreet.com/investing/cat ... oronavirus

[slayer74]

Caterpillar Earnings Better Than Feared; CAT Stock Tests Buy Point, Lifting Dow Jones

Caterpillar (CAT), a bellwether for the global economy, reported second-quarter earnings and sales early Friday that easily beat low expectations. The Dow Jones Industrial Average component, which pulled 2020 earnings guidance in late March as coronavirus shutdowns spread, didn't update its earnings outlook. Caterpillar stock rose to a buy point after the earnings report.

"Nearly all of the company's primary production facilities continued to operate," as of mid-July, Caterpillar said in its Q2 earnings release. "This continues to fluctuate as conditions warrant, including the pace of economic recovery and the potential for additional Covid-related temporary shutdowns."

Caterpillar Earnings
Estimates: Analysts expected Caterpillar earnings to slump 77% to 66 cents per share, according to Zacks Investment Research. Sales were expected to slide 36% to $9.2 billion.

Results: Caterpillar earnings per share sank 70% to 84 cents, including a 19-cent hit related to settlement of pension obligations. Revenue fell 31% to $10.0 billion. Caterpillar noted that dealers cut inventories by $1.4 billion in the quarter, exacerbating the decline related to end demand.

Outlook: Caterpillar, which pulled guidance on March 26, didn't offer any new targets. Before the Q2 report, Wall Street analysts expected Caterpillar earnings per share of $5.19 in 2020, down from $11.06 per share in 2019. Revenue was expected to begin recovering in Q3, with estimates around $9.8 billion.

Caterpillar provided 2020 EPS guidance of $8.50 to $10.00 per share, when it reported Q4 results on Jan. 31. At that point, the coronavirus was almost entirely an issue for China, a key Caterpillar market.

On March 26, Caterpillar pulled guidance and said it had temporarily suspended operations at some facilities, while saying "the majority" of U.S. operations were continuing.

On June 10, Caterpillar said it would maintain its $1.03 per share quarterly cash dividend but postpone a decision on whether to raise it until later in the year. The company has paid a dividend every quarter since 1933, with increases in each of the past 26 years.

CAT Stock
After the Q2 report, Caterpillar rose 2.3% to 139.85 before Friday's open in stock market trading after briefly moving above 143. Caterpillar stock has a buy point from a cup-with-handle base at 141.09, 10 cents above its high on July 16, when the handle began forming.

CAT stock closed on Thursday off 9% from its 150.55 52-week high on Jan. 2. Caterpillar stock hit bottom at 87.50 on March 12.

Caterpillar's relative strength line, the blue line in IBD charts, shows CAT stock has kept pace with the S&P 500 since the index hit bottom on March 23, but hasn't shown market leadership potential.

https://www.investors.com/news/caterpil ... cat-stock/

[slayer74]

Caterpillar Machine Sales Improved in Latest 3 Months
Caterpillar reported a 20% decline in total machine sales over the rolling three months ended in July, improved from a 23% decline as of the end of June.

https://www.thestreet.com/investing/cat ... nery-sales

[slayer74]

Caterpillar (CAT) powered up 2.3% in early trade, preparing to climb out of its almost three-year long trade war trench. Wells Fargo upgraded the stock to overweight, from equal weight. The note also boosted CAT stock's price target to 220, from 160. In addition, Credit Suisse boosted its target on the stock to 179, up from 159.

[slayer74]

Caterpillar Earnings Beat Q3 Views As Global Economy Rebounded, But Still No Guidance

Caterpillar (CAT), a bellwether for the global economy, beat views for a third quarter in which key markets saw a strong pandemic recovery. Shortly after the open, Caterpillar stock fell slightly.

Caterpillar Earnings
Estimates: Caterpillar earnings were expected to tumble 57% to $1.15 according to Zacks Investment Research. Analysts expected the Dow Jones stock to report a 24% sales drop to $9.67 billion.

Results: Caterpillar earnings came in at $1.34 a share as revenue slid 22% to $9.9 billion. Equipment sales fell more than 20% across each of Caterpillar's four main business segments. Sales also fell in each of its four main geographies.

Caterpillar once again did not provide earnings guidance.

IBD Live: A New Tool For Daily Stock Market Analysis

Caterpillar Stock
Shares fell 1.4% to 160.97 in morning trade on the stock market today. Caterpillar stock topped a 146.30 buy point in September, according to MarketSmith chart analysis. Shares are now extended, meaning they are not in buy range. Meanwhile, Caterpillar stock's RS line is just below new highs, a sign of strong stock market outperformance.

In July, Caterpillar earnings for the second quarter plunged but beat estimates. The maker of construction, mining and other industrial equipment also didn't update 2020 guidance.

But it signaled some economic recovery, saying nearly all its main production plants were working by mid-July.

Key market China, where the virus originated, appears to be bouncing back after the pandemic. Meanwhile, tensions between the U.S. and China are high.

However, surging coronavirus cases in the U.S. and Europe, while many countries are reimposing restrictions, could stifle economic growth once again.

This month, Caterpillar agreed to buy struggling Weir Oil & Gas for $405 million in cash. While known primarily for tractors, Caterpillar has an oil and gas business that is likely to benefit from Weir's established pressure pumping and pressure control portfolio.

https://www.investors.com/news/caterpil ... lar-stock/

[slayer74]

Spadły przychody Caterpillara

ARŻ, REUTERS opublikowano: wczoraj, 27-10-2020, 14:10
Sprzedaż maszyn firmy Caterpillar spadła w trzech głównych segmentach, co przyczyniło się do zmniejszenia przychodów i zysków w trzecim kwartale roku, pisze Reuters.

Producent ciężkiego sprzętu odnotował w trzecim kwartale zysk w wysokości 1,22 USD na akcję, o 54 proc. mniej niż rok temu. Analitycy ankietowani przez Refinitiv oczekiwali średnio 1,16 USD na akcję.

https://www.pb.pl/spadly-przychody-caterpillara-1006736