Cummins Inc [CMI] stock prices are up 4.39% to $363.51 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CMI shares have gain 3.78% over the last week, with a monthly amount glided 4.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cummins Inc [NYSE: CMI] stock has seen the most recent analyst activity on January 14, 2025, when BofA Securities upgraded its rating to a Neutral but kept the price target unchanged to $358 for it. Previously, JP Morgan upgraded its rating to Neutral on December 09, 2024, and elevated its price target to $420. On November 13, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $408 on the stock. Vertical Research downgraded its rating to a Hold but stick to its price target of $350 on November 06, 2024. Raymond James initiated its recommendation with a Mkt Perform. Citigroup started tracking with a Buy rating for this stock on June 26, 2024, and assigned it a price target of $320. In a note dated May 10, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $272 to $292.
The stock price of Cummins Inc [CMI] has been fluctuating between $236.00 and $387.90 over the past year. Currently, Wall Street analysts expect the stock to reach $363.33 within the next 12 months. Cummins Inc [NYSE: CMI] shares were valued at $363.51 at the most recent close of the market. An investor can expect a potential drop of -0.05% based on the average CMI price forecast.
Analyzing the CMI fundamentals
The Cummins Inc [NYSE:CMI] reported sales of 34.19B for trailing twelve months, representing a surge of 0.30%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.4 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 359.42 points at the first support level, and at 355.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 368.10, and for the 2nd resistance point, it is at 372.69.
Ratios To Look Out For
It’s worth pointing out that Cummins Inc [NYSE:CMI]’s Current Ratio is 1.32. In addition, the Quick Ratio stands at 0.79 and the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 4.83 and price to earnings (TTM) ratio is 24.13.
Transactions by insiders
Recent insider trading involved RUMSEY JENNIFER, Chair and CEO, that happened on Jan 27 ’25 when 1.0 shares were sold. VP – Chief Administrative Off., Barner Sharon R completed a deal on Nov 21 ’24 to sell 2163.0 shares. Meanwhile, Officer SHARON BARNER bought 2163.0 shares on Nov 21 ’24.
