Cummins Inc., CMI is in the exchange NYSE and its industry is Diversified Machinery in the sector of Industrial Goods. Based in USA, Cummins Inc., CMI has a market cap of 20302.84. Since its IPO date on the 12/18/1984, Cummins Inc., CMI performance year to date is 36.88%. Today Cummins Inc., CMI has gained -1.40%, with a current price of 117.31.
Ownership of the company is 0.20% for insider ownership while institutional ownership is 85.20%. The management of the company have seen the company have a payout ratio of 53.10%. Return of assets are at 8.30%, with return on investment at 16.60%.
In terms of debt levels and profit levels, Cummins Inc., CMI is seeing a long-term debt/equity of 0.24. While Total debt/equity is 0.27. With a profit margin of 7.00%, this is combined with a gross margin of 25.70%, and operating margin of 10.00%. Cummins Inc. ability to meet debt levels, with a current ratio of 1.8, while the quick ratio is 1.2.
For the last year Cummins Inc., CMI has seen a EPS growth of -13.00%. A performance for the year of 2.24%. The 52-week high is -7.83%, and the 52-week low is 50.81%. The average volume for Cummins Inc., CMI is 1128200.
With a target price of 119.83, can Cummins Inc., CMI reach this target? Looking at the value indicators of Cummins Inc., CMI. Cummins Inc. has a P/E of 16.01 and a forward P/E of 14.75. Perhaps the more useful indicator than P/E, is PEG which has a value of 25.82. Cummins Inc. also has a P/S and a P/B of 1.12 and 2.89 respectively. For P/cash, Cummins Inc. has a value of 15.86, while it is 25.28 for P/free cash flow.
At the current price of 117.31, Cummins Inc. has a dividend yield of 3.50%. We see a return on equity of 17.50%.
Looking more long-term Cummins Inc., is projected to get an EPS growth for the next five years of 0.62%. In the short-term an EPS growth of -2.35% in the next year is forecasted. This is after a EPS growth of -13.00% for this year and for the last five years a 8.30% growth has been seen.