CMI
Cummins Inc. (CMI)
$191.81
Key Stats
$188.18
Day's Range
$191.61
$184.28
52-Week Range
$247.48
| Returns | |
| 1 month return | 8.72% |
| 3 month return | 2.99% |
| 1 year return | 20.02% |
| 5 year return | 15.61% |
Company Information
Founded by Clessie Lyle Cummins, a local mechanic, and William Glanton in 1919, Cummins has its headquarters in Columbus, Indiana. This company deals in various Heavy Equipment automotive industry segments, including engines, filtration, fuel cell systems, power generation, hydrogen generation, turbochargers, and commercial vehicles. Cummins has over 600 company-owned distributor locations and 7,600 certified dealer locations, reaching well over 190 countries and territories.
The company was one of the first manufacturers of diesel engines. The company's first engine was produced in April 1919, and now it is known as a global leader in offering low, medium, and heavy-duty commercial vehicles and off-highway equipment. In addition, it develops high horsepower engines for defence, marine, and railway applications.
In 1967, Cummins acquired a distribution business, recognizing the importance of long-term business relationships. It has long-term supply relationships with PACCAR, Volvo Trucks, Ford, and Navistar, whether heavy-duty or mid-range. Additionally, Cummins built a global presence through strategic acquisitions. It purchased Holset Engineering Co., a company known for its turbochargers. The company acquired Onan, now Cummins Power Systems, for modern versions of traditional engine-driven generators used in marine, RV, and portable applications.
In 1962, Cummins entered the Indian market through a joint venture with the Kirloskar Group. By 2013, it had more than 20 factories, 9000 employees, and over $1.5 billion in revenue across India. It has built a strong network of over 200 branch offices, 450 service touchpoints, and over 5000 expert trained engineers to handle all engine service requirements in India, Nepal, and Bhutan. The Cummins India team has won numerous industry awards, from BEML's Best Supplier award for 2015-2016 to the Golden Peacock Occupational Health and Safety award at the CII.
The company plans to reduce the carbon impact of its diesel and natural gas platforms, focus on environmental sustainability, and achieve carbon neutrality by 2050.
Currently Cummins Inc. has a market cap of $27.39 Billion. It has a P.E ratio of 14.42. The shares of Cummins Inc. are trading at $194.11.
.
| Organization | Cummins Inc. |
| Employees | 58600 |
| CEO | |
| Industry | Producer Manufacturing |
Analyst Recommendation
based on 31 analysts ratings
Buy
51%
Buy
48%
Hold
0%
Sell
Based on 31 Wall street analysts offering stock ratings for Cummins Inc.(by analysts ranked 0 to 5 stars)
Analyst Forecast
What analysts predicted
Upside of 36.26%Current
$194.11
Target
$264.5
Recommendation Trend
Based on 31 analyst
| Current | 1M Ago | 3M Ago | |
| Buy | 16 | 16 | 15 |
| Hold | 15 | 15 | 15 |
| Sell | 0 | 0 | 0 |
| Consensus | BUY | BUY | BUY |
Company Financials
Highlights
| Market Capitalization | 27.7B |
| Book Value | 59.47 |
| Dividend Share | 5.6 |
| Dividend Yield | 5.6 |
| Earnings Share | 14.61 |
| PE Ratio | 13.3381 |
| PEG Ratio | 1.34 |
| Wall Street Target Price | 256.91 |
Valuation
| Trailing PE | 13.34 |
| Forward PE | 11.47 |
| Price/Sales (ttm) | 1.15 |
| Price/Book (mrq) | 3.34 |
| Enterprise Value | 29.7B |
| Enterprise Value/Revenue | 1.24 |
| Enterprise Value/Ebitda | 8.44 |
Technicals
| Beta | 1.04 |
| 50 Day MA | 203.03 |
| 200 Day MA | 223.12 |
Sustainability
| Rating Date | 2019-01-01 |
| Total Esg | 19.33 |
| Total Esg Percentile | 16.18 |
| Environment Score | 5.72 |
| Environment Score Percentile | 3.0 |
| Social Score | 7.67 |
| Social Score Percentile | 3.0 |
| Governance Score | 6.45 |
| GovernanceScorePercentile | 3.0 |
| Controversy Level | 2.0 |
Institutional Holdings
Vanguard Group Inc
9.12%
BlackRock Inc
8.33%
State Street Corporation
4.7%
T. Rowe Price Associates, Inc.
2.17%
Capital Research Global Investors
2.03%
Geode Capital Management, LLC
1.97%
