At the time of writing, Cummins Inc [CMI] stock is trading at $386.07, up 1.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CMI shares have gain 3.63% over the last week, with a monthly amount glided 5.39%, 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.
For the past year, the stock price of Cummins Inc fluctuated between $259.06 and $387.90. Currently, Wall Street analysts expect the stock to reach $390 within the next 12 months. Cummins Inc [NYSE: CMI] shares were valued at $386.07 at the most recent close of the market. An investor can expect a potential return of 1.02% based on the average CMI price forecast.
Analyzing the CMI fundamentals
According to Cummins Inc [NYSE:CMI], the company’s sales were 34.10B for trailing twelve months, which represents an -1.01% plunge. 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 of0.74.
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 381.07 points at the first support level, and at 376.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 389.25, and for the 2nd resistance point, it is at 392.44.
Ratios To Look Out For
It is important to note that Cummins Inc [NYSE:CMI] has a current ratio of 1.31. Further, the Quick Ratio stands at 0.80, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 5.16 and price to earnings (TTM) ratio is 13.71.
Transactions by insiders
Recent insider trading involved Smith Mark Andrew, VP – Chief Financial Officer, that happened on Feb 10 ’25 when 11430.0 shares were sold. Officer, MARK A. SMITH completed a deal on Feb 10 ’25 to buy 11430.0 shares. Meanwhile, Chair and CEO RUMSEY JENNIFER sold 1.0 shares on Jan 27 ’25.
