Morgan Stanley analyst Angel Castillo downgrades $Caterpillar (CAT.US)$ to a sell rating, and adjusts the target price from $327 to $332.
According to TipRanks data, the analyst has a success rate of 46.0% and a total average return of -2.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Caterpillar (CAT.US)$'s main analysts recently are as follows:
An analyst has expressed a positive outlook on Caterpillar, anticipating that the company will achieve earnings growth this year despite a downturn in a third of its end markets. It is suggested that the company's earnings by 2025 will likely be stable or slightly increased, followed by a return to growth in 2026, indicating that the current trading multiple may be close to a cyclical low.
The company is facing escalating risks of inventory reduction, with little compensation anticipated from major projects and manufacturing. Coupled with its performance since the beginning of the year and a mid-cycle valuation applied to peak profits, there is an increasing likelihood of earnings revisions. It has been suggested that channel inventories in the U.S. construction equipment sector may require de-stocking, which could signal an impending downturn.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
摩根士丹利分析師Angel Castillo下調$卡特彼勒 (CAT.US)$至賣出評級,並將目標價從327美元上調至332美元。
根據TipRanks數據顯示,該分析師近一年總勝率為46.0%,總平均回報率為-2.5%。
此外,綜合報道,$卡特彼勒 (CAT.US)$近期主要分析師觀點如下:
一位分析師對卡特彼勒表示了樂觀的前景,預計儘管三分之一的終端市場出現低迷,但該公司今年仍將實現收益增長。有人認爲,到2025年,該公司的收益可能會穩定或略有增加,隨後將在2026年恢復增長,這表明當前的交易倍數可能接近週期性低點。
該公司正面臨不斷增加的庫存減少風險,預計重大項目和製造業的補償很少。再加上其自年初以來的表現以及適用於峯值利潤的週期中期估值,調整收益的可能性越來越大。有人認爲,美國建築設備行業的渠道庫存可能需要減少庫存,這可能預示着經濟衰退即將到來。
提示:
TipRanks為獨立第三方,提供金融分析師的分析數據,並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議,僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級,分析師星級代表分析師所有推薦的過往表現,通過分析師的總勝率和平均回報率综合計算得出,星星越多,則該分析師過往表現越優異,最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否,取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合,並根據評級變化對組合進行調整,在近一年中該投資組合所獲得的回報率。