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Caterpillar's $812 Million Trading Day Ranks 86th as Stock Climbs for Second Straight Day

Market BriefTuesday, Apr 29, 2025 8:06 pm ET

1min read

On April 29, 2025, caterpillar (CAT) saw a trading volume of $812 million, ranking 86th in the day's market activity. The stock rose by 0.11%, marking its second consecutive day of gains, with a total increase of 0.31% over the past two days.

Caterpillar, a Texas-based firm specializing in machinery for construction, mining, and oil and gas industries, is anticipated to report its first-quarter earnings soon. Analysts project that the company will post earnings per share (EPS) of $4.36 on revenue of $14.7 billion. However, estimates suggest that the company's EPS may decline by 22% to $4.35 per share, with revenue expected to drop by 7% to $14.7 billion. This decline in revenue is attributed to various factors, including the impact of Trump's tariffs on the company's operations.

Caterpillar's first-quarter results are scheduled to be released on Wednesday. The company's price-to-earnings (P/E) ratio stands at 46.88, which may indicate that the stock is overvalued compared to its earnings. This high P/E ratio could be a concern for investors, as it suggests that the market may have high expectations for the company's future performance.

Additionally, the Israeli military has increasingly deployed an unmanned version of Caterpillar's D9 bulldozers in various battlefields. This development highlights the company's technological advancements and its role in providing innovative solutions for military applications.

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