$379.58
0.90% day before yesterday
NYSE, Nov 01, 09:00 pm CET
ISIN
US1491231015
Symbol
CAT

Caterpillar Target price 2024 - Analyst rating & recommendation

Caterpillar Classifications & Recommendation:

Buy
35%
Hold
46%
Sell
19%

Caterpillar Price Target

Target Price $371.05
Price $379.63
Deviation 2.26%
Number of Estimates 19
19 Analysts have issued a price target Caterpillar 2025 . The average Caterpillar target price is $371.05. This is 2.26% lower than the current stock price. The highest price target is $500.00 31.71% , the lowest is $250.00 34.15% .
A rating was issued by 26 analysts: 9 Analysts recommend Caterpillar to buy, 12 to hold and 5 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Caterpillar stock has an average upside potential 2025 of 2.26% . Most analysts recommend the Caterpillar stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 67.06 65.44
12.84% 2.41%
EBITDA Margin 23.81% 23.64%
24.78% 0.73%

14 Analysts have issued a sales forecast Caterpillar 2024 . The average Caterpillar sales estimate is $65.4b . This is 0.34% lower than the revenue of the last 12 months(TTM). The highest sales forecast is $66.0b 0.47% , the lowest is $65.0b 0.97% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $67.1b 12.84%
2024 $65.4b 2.41%
2025 $66.3b 1.33%
2026 $69.6b 5.03%
2027 $69.8b 0.16%
2028 $71.5b 2.44%

17 Analysts have issued an Caterpillar EBITDA forecast 2024. The average Caterpillar EBITDA estimate is $15.5b . This is 1.90% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $17.6b 11.53% , the lowest is $14.6b 7.52% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $16.0b 40.80%
2024 $15.5b 3.13%
2025 $15.4b 0.51%
2026 $16.4b 6.30%
2027 $16.6b 1.53%
2028 $16.9b 1.45%

EBITDA Margin

2023 23.81% 24.78%
2024 23.64% 0.73%
2025 23.21% 1.82%
2026 23.49% 1.21%
2027 23.81% 1.36%
2028 23.58% 0.97%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 20.12 21.37
59.18% 6.21%
P/E 17.76
EV/Sales 3.31

14 Analysts have issued a Caterpillar forecast for earnings per share. The average Caterpillar <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $21.37 . This is 0.88% lower than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $22.20 2.97% , the lowest is $20.69 4.04% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $20.12 59.18%
2024 $21.37 6.21%
2025 $21.96 2.76%
2026 $24.20 10.20%
2027 $25.70 6.20%

P/E ratio

Current 17.61 18.67%
2024 17.76 0.85%
2025 17.29 2.65%
2026 15.69 9.25%
2027 14.77 5.86%

Based on analysts' sales estimates for 2024, the Caterpillar stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 3.31 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 2.81 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.29 40.00%
2024 3.31 0.49%
2025 3.26 1.31%
2026 3.11 4.79%
2027 3.10 0.16%
2028 3.03 2.39%

P/S ratio

Current 2.80 49.20%
2024 2.81 0.34%
2025 2.78 1.31%
2026 2.64 4.79%
2027 2.64 0.16%
2028 2.58 2.39%

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