Cummins Inc. which can be found using ticker (CMI) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $345.00 and $259.00 calculating the mean target price we have $303.59. Given that the stocks previous close was at $271.87 and the analysts are correct then we can expect a percentage increase in value of 11.7%. It’s also worth noting that there is a 50 day moving average of $288.36 while the 200 day moving average is $252.55. The market capitalization for the company is 37.36B. The stock price for the company is currently is currently $273.17 USD
The potential market cap would be $41,723,603,412 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 20.04, revenue per share of $240.13 and a 6.6% 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.
