Caterpillar Forecast, price target & analysts
Caterpillar Target price 2024 - Analyst rating & recommendation
Caterpillar Classifications & Recommendation:
Caterpillar Price Target
| Target Price | $387.32 |
| Price | $367.12 |
| Potential | 5.50% |
| Number of Estimates | 19 |
| 19 Analysts have issued a price target Caterpillar 2025 . The average Caterpillar target price is $387.32. This is 5.50% higher than the current stock price. The highest price target is $515.00 40.28% , the lowest is $250.00 31.90% . | |
| A rating was issued by 26 analysts: 11 Analysts recommend Caterpillar to buy, 9 to hold and 6 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 5.50% . Most analysts recommend the Caterpillar stock at Purchase. |
Sales and Margin forecast 2024, 2025 to 2028
15 Analysts have issued a sales forecast Caterpillar 2024 . The average Caterpillar sales estimate is $65.3b . This is 0.62% lower than the revenue of the last 12 months(TTM). The highest sales forecast is $65.8b 0.13% , the lowest is $64.6b 1.60% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $67.1b | 12.84% |
|---|---|---|
| 2024 | $65.3b | 2.69% |
| 2025 | $65.9b | 0.99% |
| 2026 | $69.1b | 4.87% |
| 2027 | $70.1b | 1.44% |
| 2028 | $72.2b | 2.96% |
17 Analysts have issued an Caterpillar EBITDA forecast 2024. The average Caterpillar EBITDA estimate is $15.4b . This is 2.65% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $17.6b 11.03% , the lowest is $14.6b 7.93% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $16.0b | 40.80% |
|---|---|---|
| 2024 | $15.4b | 3.44% |
| 2025 | $15.3b | 0.86% |
| 2026 | $16.3b | 6.63% |
| 2027 | $16.8b | 2.99% |
| 2028 | $17.2b | 2.54% |
EBITDA Margin
| 2023 | 23.81% | 24.78% |
|---|---|---|
| 2024 | 23.63% | 0.77% |
| 2025 | 23.20% | 1.82% |
| 2026 | 23.59% | 1.68% |
| 2027 | 23.95% | 1.53% |
| 2028 | 23.85% | 0.42% |
14 Caterpillar Analysts have issued a net profit forecast 2024. The average Caterpillar net profit estimate is $10.3b . This is 1.28% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $10.6b 1.97% , the lowest is $10.0b 4.08% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $9.7b | 59.18% |
|---|---|---|
| 2024 | $10.3b | 5.83% |
| 2025 | $10.6b | 2.65% |
| 2026 | $11.6b | 9.86% |
| 2027 | $12.4b | 7.04% |
Net Margin
| 2023 | 14.49% | 41.06% |
|---|---|---|
| 2024 | 15.75% | 8.73% |
| 2025 | 16.01% | 1.65% |
| 2026 | 16.77% | 4.75% |
| 2027 | 17.70% | 5.55% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028
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 $21.29 . This is 1.30% 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 $22.00 1.99% , the lowest is $20.69 4.08% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $20.12 | 59.18% |
|---|---|---|
| 2024 | $21.29 | 5.82% |
| 2025 | $21.86 | 2.68% |
| 2026 | $24.01 | 9.84% |
| 2027 | $25.70 | 7.04% |
P/E ratio
| Current | 17.02 | 3.53% |
|---|---|---|
| 2024 | 17.24 | 1.29% |
| 2025 | 16.80 | 2.55% |
| 2026 | 15.29 | 8.99% |
| 2027 | 14.28 | 6.61% |
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 3.21 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 2.72 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 3.19 | 19.03% |
|---|---|---|
| 2024 | 3.21 | 0.65% |
| 2025 | 3.18 | 0.98% |
| 2026 | 3.03 | 4.65% |
| 2027 | 2.99 | 1.42% |
| 2028 | 2.90 | 2.87% |
P/S ratio
| Current | 2.70 | 21.60% |
|---|---|---|
| 2024 | 2.72 | 0.62% |
| 2025 | 2.69 | 0.98% |
| 2026 | 2.56 | 4.65% |
| 2027 | 2.53 | 1.42% |
| 2028 | 2.46 | 2.87% |
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