During the most recent trading session, Caterpillar, Inc. (NYSE:CAT) shares traded -0.48%. Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance. After a recent look, the stock has been seen trading $6.13 off of the 50-day moving average of $95.38 and $7.85 separated from the 200-day moving average of $93.66. Taking a further look from a different perspective, the stock has been recently recorded -4.22% off of the 52-week high of 105.98 and +47.04% apart from the 52-week low of 69.04. Monitoring stock price activity relative to moving averages and the highs and lows for the past year might help with future stock price value assessment.
Price Target in Focus
While monitoring stock technicals is important, most investors are more concerned with where the stock might be going now. Equity research analysts have provided views on where they believe the stock will be trading in the future. According to Thomson Reuters, sell-side analysts are projecting a consensus target price of $100.90 on company shares. This is a near-term estimate for the next 12-18 months.
Currently, Caterpillar, Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The stock currently has a PEG Ratio of 0.83.
In the most recent session, Transocean Ltd. (NYSE:RIG) shares have traded -2.25%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-1.57 away from the 50-day moving average of $11.99 and $-2.41 away from the 200-day moving average of $12.83. From a different angle, the stock has been recently recorded -37.45% off of the 52-week high of 16.66 and +20.05% removed from the 52-week low of 8.68.
Currently, Transocean Ltd (Switzerland) has a price to earnings ratio of 5.01. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of -3.61.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $13.59 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.