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Cummins (CMI)
NYSE:CMI
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CMI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$220.02 - $370.21
Previous Close$360.95
Volume162.57K
Average Volume (3M)634.77K
Market Cap
$50.80B
Enterprise Value$55.97B
Total Cash (Recent Filing)$2.25B
Total Debt (Recent Filing)$7.55B
Price to Earnings (P/E)24.0
Beta1.08
Next Earnings
Feb 11, 2025EPS Estimate
$4.7Next Dividend Ex-Date
Nov 22, 2024Dividend Yield1.9%
Share Statistics
EPS (TTM)15.06
Shares Outstanding137,181,852
10 Day Avg. Volume587,018
30 Day Avg. Volume634,775
Standard Deviation0.08
R-Squared0.44
Alpha0.00418
Financial Highlights & Ratios
Price to Book (P/B)4.80
Price to Sales (P/S)1.45
Price to Cash Flow (P/CF)19.40
P/FCF Ratio32.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.64
Enterprise Value/Gross Profit6.78
Enterprise Value/Ebitda12.84
Forecast
1Y Price Target
$373.90Price Target Upside1.23% Upside
Rating ConsensusHold
Number of Analyst Covering11
Cummins News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCMI reported a strong Q3 result, with EBITDA of $1.39bn, 9% ahead of consensus, and raised its FY EBITDA margin guidance.
Market PositionCMI is currently sold-out on 95L capacity with a continued robust demand pipeline, with management able to increase overall capacity through improved supply base capacity and internal operational improvements.
Strategic AdvantageCummins' competitive advantage includes owning its distribution network, allowing control from start to finish.
Bears Say
Market TrendsManagement also prudently cautioned that heavy-duty trends should remain weak through 1H25 following the initial onset of moderation.
Sales GuidanceCMI maintained its FY sales guidance, expecting a decline of 3% to flat, due to a cautious view into year-end given production downtime in heavy trucks.
ValuationDespite raising estimates based on strong Q3 results, the analyst reiterates an Underperform rating due to limited valuation upside beyond mid-cycle territory.
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Ownership Overview
0.26% Insiders
22.98% Mutual Funds
20.93% Other Institutional Investors
32.02% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CMI FAQ
What was Cummins’s price range in the past 12 months?
Cummins lowest stock price was $220.02 and its highest was $370.21 in the past 12 months.
What is Cummins’s market cap?
Currently, no data Available
When is Cummins’s upcoming earnings report date?
Cummins’s upcoming earnings report date is Feb 11, 2025 which is in 82 days.
How were Cummins’s earnings last quarter?
Cummins released its earnings results on Nov 05, 2024. The company reported $5.86 earnings per share for the quarter, beating the consensus estimate of $4.819 by $1.041.
Is Cummins overvalued?
According to Wall Street analysts Cummins’s price is currently Undervalued.
Does Cummins pay dividends?
Cummins pays a Quarterly dividend of $1.82 which represents an annual dividend yield of 1.9%. See more information on Cummins dividends here
What is Cummins’s EPS estimate?
Cummins’s EPS estimate is $4.7.
How many shares outstanding does Cummins have?
Cummins has 137,181,850 shares outstanding.
What happened to Cummins’s price movement after its last earnings report?
Cummins reported an EPS of $5.86 in its last earnings report, beating expectations of $4.819. Following the earnings report the stock price went up 8.857%.
Which hedge fund is a major shareholder of Cummins?
Among the largest hedge funds holding Cummins’s share is Fisher Asset Management LLC. It holds Cummins’s shares valued at 973M.
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Cummins Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$373.90 (1.23% Upside)
$373.90 (1.23% Upside)
Blogger Sentiment
Bullish
CMI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 73.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.22%
12-Months-Change
Fundamentals
Return on Equity
20.00%
Trailing 12-Months
Asset Growth
-0.14%
Trailing 12-Months
Company Description
Cummins
Founded in 1919 and based in Indiana, Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through five segments: Engine, Distribution, Components, Power Systems and New Power.
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CMI Company Deck
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CMI Earnings Call
Q3 2024
0:00 / 0:00
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CMI Net sales Breakdown
33.85% Components
29.94% Distribution
26.05% Engine
9.17% Power Systems
0.99% Accelera
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CMI Stock 12 Month Forecast
Average Price Target
$373.90
▲(1.23% Upside)
Technical Analysis
Best Analysts Covering CMI
1 Year
1 Year Success Rate
6/8 ratings generated profit
1 Year Average Return
+17.51%
reiterated a buy rating 7 months ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +17.51% per trade.
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