Cummins Inc. with ticker code (CMI) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $303.90 and $216.00 suggesting an average Analsyt target price of $254.79. Now with the previous closing price of $222.98 and the analysts are correct then we can expect a percentage increase in value of 14.3%. Also worth taking note is the 50 day moving average now sits at $225.83 and the 200 day moving average is $234.12. The total market capitalization for the company now stands at 31.72B. The current share price for the company is: $223.75 USD
The potential market cap would be $36,239,921,260 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 11.4, 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.
