Cummins is a specialty industrial machinery company located in Indiana, United States, which is part of the Industrials sector, and is traded under the ticker CMI on the NYSE exchange.
Cummins stock last closed at $256.11, down 0.16% from the previous day, and has increased 12.7% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.13 percentage points. Cummins stock is currently +38.98% from its 52-week low of $184.28, and -0.84% from its 52-week high of $258.27.
There are currently 141.02M CMI shares outstanding. The market value of CMI is $36.12B. In the last 24 hours, 924,892 CMI shares were traded.
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After you have identified the best place to buy Cummins stock, it's important to evaluate their stock before you buy, so you can wrap your head around the risk and opportunity.
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You can view all of the due diligence checks on CMI's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge CMI's true value.
Using relative valuations methods:
You can access more valuation analysis on CMI's stock here.
Out of 6 Wall Street analysts who give ratings on CMI, the consensus analyst rating on CMI is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Dillon Cumming, a bottom 14% analyst from Morgan Stanley maintains CMI with a hold rating and lowers their CMI price target from $264.00 to $262.00, on Jan 20, 2023.
Jamie Cook, a bottom 12% analyst from Credit Suisse maintains CMI with a buy rating and raises their CMI price target from $266.00 to $304.00, on Nov 4, 2022.
Nicole Deblase, a top 9% analyst from Deutsche Bank maintains CMI with a hold rating and raises their CMI price target from $221.00 to $225.00, on Oct 13, 2022.
Timothy Thein, a top 5% analyst from Citigroup maintains CMI with a strong buy rating and raises their CMI price target from $220.00 to $265.00, on Aug 16, 2022.
Chad Dillard, a top 8% analyst from Bernstein downgrades CMI to a hold rating and lowers their CMI price target from $238.00 to $190.00, on Jul 20, 2022.
You can dig deeper into what analysts are saying on the Cummins stock forecast page.
Last year, CMI earnings were $1.91B. Over the last 5 year, CMI's earnings have grown by 6.5% per year. This was slower than the Specialty Industrial Machinery industry average of 8.69%.
Last year, CMI revenue was $26.15B. In the past five year, CMI's revenue has grown by 6.1% per year. This was faster than the Specialty Industrial Machinery industry average of 3.27%.
Learn more about CMI's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at CMI have sold more shares than they have bought.
Franklin R. Changdiaz, Director of CMI, was the latest CMI insider to sell. They sold $797,888.00 worth of CMI stock on Nov 16, 2022.
Learn more about who owns CMI stock here.
Cummins pays a dividend of 2.36%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.37%. If you owned $1,000 of CMI stock, you would have received $23.58 in the past 12 months.
Cummins dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Cummins dividend yield and history here.
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