Cummins Inc [CMI] stock prices are up 0.55% to $373.90 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CMI shares have gain 7.38% over the last week, with a monthly amount glided 3.93%, 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 $247.53 and $387.90 over the past year. Currently, Wall Street analysts expect the stock to reach $390 within the next 12 months. Cummins Inc [NYSE: CMI] shares were valued at $373.90 at the most recent close of the market. An investor can expect a potential return of 4.31% based on the average CMI price forecast.
Analyzing the CMI fundamentals
The Cummins Inc [NYSE:CMI] reported sales of 34.10B for trailing twelve months, representing a drop of -1.01%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.
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 369.83 points at the first support level, and at 365.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 377.42, and for the 2nd resistance point, it is at 380.94.
Ratios To Look Out For
It’s worth pointing out that Cummins Inc [NYSE:CMI]’s Current Ratio is 1.31. On the other hand, the Quick Ratio is 0.80, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.50, the price to book ratio is 5.00 and price to earnings (TTM) ratio is 13.27.
Transactions by insiders
Recent insider trading involved MARK A. SMITH, Officer, that happened on Feb 10 ’25 when 11430.0 shares were purchased. Chair and CEO, RUMSEY JENNIFER completed a deal on Jan 27 ’25 to sell 1.0 shares. Meanwhile, VP – Chief Administrative Off. Barner Sharon R sold 2163.0 shares on Nov 21 ’24.
