Industrial Goods Bullish Stocks: Caterpillar (NYSE:CAT),Deere & Company (NYSE:DE), Republic Services (NYSE:RSG), Joy Global (NYSE:JOY)

Caterpillar  Inc. (NYSE:CAT) had its target price lifted by Robert W. Baird from $94.00 to $97.00 in a research note released on Wednesday morning, AnalystRatings.Net reports. Caterpillar Inc. (NYSE:CAT) shares after opening at $102.91 moved to $ 103.72 on last trade day and at the end of the day closed at $102.26. Company price to sales ratio in past twelve months was calculated as 1.17 and price to cash ratio as 10.73. Caterpillar Inc. (NYSE:CAT) showed a negative weekly performance of -0.28%.

Shares of Deere & Company (NYSE:DE) saw unusually large options trading activity on Thursday. Stock traders purchased 13,502 put options on the stock, American Banking & Market News reports. This is an increase of 520% compared to the typical daily volume of 2,179 put options. Deere & Company (NYSE:DE) shares fell -0.69% in last trading session and ended the day on $92.74. DE return on equity ratio is recorded as 38.20% and its return on assets is 6.10%. Deere & Company (NYSE:DE) yearly performance is 8.43%.

Republic Services Inc. (NYSE:RSG) EVP Jeffrey A. Hughes sold 32,807 shares of the stock on the open market in a transaction dated Thursday, April 10th. The shares were sold at an average price of $35.00, for a total transaction of $1,148,245.00. Following the sale, the executive vice president now directly owns 1,371 shares in the company, valued at approximately $47,985. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Republic Services, Inc. (NYSE:RSG) shares moved down -1.00 % in last trading session and was closed at $34.48, while trading in range of $34.46 – $35.19. Republic Services, Inc. (NYSE:RSG) year to date (YTD) performance is 4.64%.

Joy Global Inc. (NYSE:JOY) saw some unusual options trading activity on Tuesday. Investors purchased 7,157 call options on the stock, Analyst Ratings News reports. This represents an increase of approximately 187% compared to the typical daily volume of 2,495 call options. Joy Global Inc. (NYSE:JOY) weekly performance is 2.97%. On last trading day company shares ended up $60.92. Joy Global Inc. (NYSE:JOY) distance from 50-day simple moving average (SMA50) is 8.53%. Analysts mean target price for the company is $60.00.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *