Caterpillar Inc Intrinsic Value – Caterpillar Price Rises 1.23% as Buyers Show Momentum on June 29th
June 30, 2023
🌥️Trending News
On Thursday, June 29th, Caterpillar Inc ($NYSE:CAT). saw a significant increase in its stock price with an increase of 1.23% compared to the previous day’s close. This surge has made it an attractive pick for investors who are looking for a momentum play in the stock market. Caterpillar Inc. is a major global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It also provides financial services and products through several subsidiaries.
The company serves customers across the globe and is a leader in its industry, generating billions of dollars in sales annually. The company’s stock surge on June 29th is a result of its impressive performance over the past few months and strong outlook for the future. This increase in the stock price, as well as the confidence investors have in the company’s prospects, has made Caterpillar Inc. an attractive option for investors who are looking for a top momentum play.
Analysis – Caterpillar Inc Intrinsic Value
At GoodWhale, we have conducted a thorough analysis of CATERPILLAR INC‘s fundamentals. After running our proprietary Valuation Line, we believe that the intrinsic value of CATERPILLAR INC’s share is around $254.2. Currently, the stock is traded at $244.2, making it slightly undervalued by 3.9%. We believe that this presents an attractive buying opportunity, especially for investors who are looking for slightly undervalued stocks. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Caterpillar Inc. More…
| Total Revenues | Net Income | Net Margin |
| 61.7k | 7.11k | 12.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Caterpillar Inc. More…
| Operations | Investing | Financing |
| 9.03k | -1.91k | -6.67k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Caterpillar Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 83.65k | 65.48k | 30.73 |
Key Ratios Snapshot
Some of the financial key ratios for Caterpillar Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.6% | 9.0% | 16.0% |
| FCF Margin | ROE | ROA |
| 10.3% | 36.2% | 7.4% |
Peers
Caterpillar Inc. is one of the world’s largest manufacturers of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company operates in more than 500 locations across six continents. Caterpillar’s products are used in a variety of industries, including construction, mining, forestry, and energy. The company competes with a number of other manufacturers, including CNH Industrial NV, Deere & Co, AGCO Corp, and others.
– CNH Industrial NV ($NYSE:CNHI)
CNH Industrial N.V. is a holding company, which engages in the manufacture of agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles. It operates through the following segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services. The Agricultural Equipment segment produces and sells agricultural tractors, combines, haytools, sprayers, forage harvesters, implements and related replacement parts. The Construction Equipment segment manufactures and sells backhoe loaders, small and medium tracked excavators, wheeled excavators, skid steer loaders, compact track loaders, wheel loaders, telehandlers, dumpers, motor graders, soil and asphalt compactors, and other equipment. The Commercial Vehicles segment produces and sells light, medium, and heavy-duty trucks under the Iveco brand. The Powertrain segment manufactures and sells engines, transmissions, axles, and components. The Financial Services segment offers wholesale and retail financing products to customers and dealers to purchase equipment. The company was founded on November 12, 2012 and is headquartered in London, the United Kingdom.
– Deere & Co ($NYSE:DE)
As of 2022, Deere & Co has a market cap of 112.07B and a Return on Equity of 25.53%. The company is engaged in the manufacturing and distribution of equipment used in agricultural, construction, forestry, and turf care.
– AGCO Corp ($NYSE:AGCO)
AGCO Corp is a publicly traded company that manufactures and sells agricultural equipment and related products. As of 2022, the company had a market capitalization of 8.31 billion dollars and a return on equity of 16.62%. The company’s products include tractors, combines, hay tools, sprayers, forage equipment, and more. AGCO Corp is headquartered in Duluth, Georgia, and has operations in North America, Europe, South America, and Asia.
Summary
Caterpillar Inc. has been a hot stock in the market lately, exhibiting positive momentum and rising 1.23% on Thursday, June 29th. Investors have been bullish on the stock, making it a top pick for momentum investors. The stock is seen to have solid fundamentals and attractive valuation metrics, making it a great choice for those interested in investing in the company.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
