Cummins Inc. which can be found using ticker (CMI) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 303.9 and 216 calculating the mean target price we have $262.26. Now with the previous closing price of $232.62 this is indicating there is a potential upside of 12.7%. Also worth taking note is the 50 day moving average now sits at $244.35 and the 200 moving average now moves to $239.13. The company has a market cap of 32.60B. The stock price for the company is currently 230.13 USD
The potential market cap would be $36,750,704,537 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 12.89, revenue per share of 227.6 and a 7.43% 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.
