Following previous ticker characteristics, Caterpillar Inc. (NYSE:CAT) also run on active notice, stock price knocked up 0.84% after traded at $94.53 in most recent trading session. The Board of Directors of Caterpillar Inc. (CAT) voted recently to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable February 18, 2017, to stockholders of record at the close of business on January 20, 2017.
“Our dividend has remained a high priority throughout this difficult economic cycle. We’ve been able to maintain our dividend because our balance sheet remains strong, we’ve taken the tough actions necessary to reduce our cost structure and have generated solid cash flow through the current downturn in our business,” said Caterpillar Chairman and CEO Doug Oberhelman.
CAT has price to earnings ratio of 54.31 and the price to current year EPS stands at -40.50%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be -5.06%. The earning yield also gives right direction to lure investment, as the co has 3.29% dividend yield. Moving toward ratio analysis, it has current ratio of 1.30 and quick ratio was calculated as 0.90. The debt to equity ratio appeared as 2.37 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 1.65% for a week and 1.68% for a month. The price volatility’s Average True Range for 14 days was 1.99. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 3.00 out of 1-5 scale with week’s performance of -3.69%. CAT’s institutional ownership was registered as 70.70%, while insider ownership was 0.10%.
AMETEK, Inc. (NYSE:AME) persists its position slightly strong in context of buying side, while shares price raised 0.10% during latest trading session.
Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. AME holds price to earnings ratio of 21.75 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. With reference to all theories, earning yield also gives right direction to lure investment, as AME has 0.72% dividend yield.
Narrow down focus to other ratios, the co has current ratio of 1.40 that indicates if AME lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 1.00, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.64, sometimes its remain same with long term debt to equity ratio.