Caterpillar (NYSE:CAT) is set to issue its quarterly earnings data on Wednesday, January 24th. Analysts expect the company to announce earnings of $1.66 per share for the quarter. Caterpillar has set its FY17 guidance at $6.25 EPS.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.68. Caterpillar had a return on equity of 23.22% and a net margin of 2.09%. The business had revenue of $11.41 billion for the quarter, compared to the consensus estimate of $10.69 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. Caterpillar’s revenue for the quarter was up 24.6% compared to the same quarter last year. On average, analysts expect Caterpillar to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Caterpillar (NYSE CAT) opened at $169.31 on Wednesday. Caterpillar has a twelve month low of $90.34 and a twelve month high of $173.24. The company has a current ratio of 1.44, a quick ratio of 1.04 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $100,730.00, a price-to-earnings ratio of 117.58, a PEG ratio of 2.09 and a beta of 1.29.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Monday, January 22nd will be issued a dividend of $0.78 per share. The ex-dividend date is Friday, January 19th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.84%. Caterpillar’s dividend payout ratio is 216.67%.

In other Caterpillar news, insider Thomas A. Pellette sold 24,547 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $135.69, for a total value of $3,330,782.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bradley M. Halverson sold 17,210 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $137.33, for a total value of $2,363,449.30. Following the completion of the sale, the chief financial officer now directly owns 7,814 shares of the company’s stock, valued at approximately $1,073,096.62. The disclosure for this sale can be found here. Insiders sold 52,989 shares of company stock valued at $7,235,850 in the last ninety days. Insiders own 0.14% of the company’s stock.

CAT has been the topic of a number of research analyst reports. Credit Suisse Group reiterated a “hold” rating and set a $133.00 price target on shares of Caterpillar in a report on Friday, September 22nd. Zacks Investment Research downgraded Caterpillar from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine downgraded Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Deutsche Bank reiterated a “hold” rating and set a $121.00 price target (up previously from $120.00) on shares of Caterpillar in a report on Monday, October 9th. Finally, Goldman Sachs Group lifted their price target on Caterpillar from $143.00 to $158.00 and gave the company a “buy” rating in a report on Monday, October 9th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $148.24.

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Caterpillar Company Profile

Earnings History for Caterpillar (NYSE:CAT)

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