Cummins Inc. with ticker code (CMI) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 303.9 and 216 with the average target price sitting at $261.24. Given that the stocks previous close was at $242.64 this indicates there is a potential upside of 7.7%. There is a 50 day moving average of $240.00 while the 200 day moving average is $239.24. The total market capitalization for the company now stands at 33.48B. The stock price for the company is currently 236.51 USD
The potential market cap would be $36,047,359,109 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 13.33, 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.
