Cummins Inc. which can be found using ticker (CMI) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $303.90 and $216.00 with the average target price sitting at $254.79. Given that the stocks previous close was at $226.31 this is indicating there is a potential upside of 12.6%. It’s also worth noting that there is a 50 day moving average of $223.69 and the 200 day MA is $232.56. The market capitalization for the company is 32.77B. The stock price is currently at: $231.18 USD
The potential market cap would be $36,892,374,070 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 11.78, revenue per share of $235.03 and a 7.3% return on assets.
Cummins Inc. offers complementary business segments that design, manufacture, distribute and service a portfolio of power solutions. The Company’s segments include Components, Engine, Distribution, Power Systems, and Accelera. The Components segment sells filtration products, aftertreatment systems, turbochargers, electronics, fuel systems, automated transmissions, axles, and suspension systems. The Engine segment produces engines and associated parts for sale to customers in on-highway and various off-highway markets. The Distribution segment includes distributorships engaged in wholesaling engines, generator sets and service parts. The Power Systems segment is an integrated power provider, which designs, manufactures, and sells engines for industrial applications, standby and prime power generator sets, alternators, and other power components. The Accelera segment designs, manufactures, sells and supports hydrogen production solutions as well as electrified power systems.
