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Morning Stock Stories: Cummins Inc. (NYSE: CMI)

With a market cap of 27.75 B, Cummins Inc. has a large market cap size. Cummins Inc. (NYSE: CMI) has been on the stock market since its IPO date on the 12/18/1984. Cummins Inc. is in the Diversified Machinery industry and Industrial Goods sector. Average volume for Cummins Inc., is 1401.63, and so far today it has a volume of 450102. Performance year to date since the 12/18/1984 is 20.96%.

To help you determine whether Cummins Inc. is undervalued the following values will help you decide. P/E is 18.95 and forward P/E is 15.8. PEG perhaps more useful shows that Cummins Inc. has a value for PEG of 1.81. P/S ratio is 1.56 and the P/B ratio is 3.86. The P/Cash and P/Free cash flow is 18.92 and 37.35 respectively.

At the current price Cummins Inc. is trading at, 165.23 (-0.05% today), Cummins Inc. has a dividend yield of 2.48%, and this is covered by a payout ratio of 46.30%. Earnings per share (EPS) is 8.72, and this is looking to grow in the next year to 10.73% after growing 5.00% this past year. EPS growth quarter over quarter is 26.30%, and 6.90% for sales growth quarter over quarter.

The number of shares outstanding is 167.86, and the number of shares float is 167.57. The senior management bring insider ownership to 0.20%, and institutional ownership is at 82.80%. The float short is 2.57%, with the short ratio at a value of 3.07. Management has seen a return on assets of 9.70%, and also a return on investment of 16.70%.

The ability for Cummins Inc., to deal with debt, means it current ratio is 1.8, and quick ratio is 1.1. Long term debt/equity is 0.22 and total debt/equity is 0.27. In terms of margins, Cummins Inc. has a gross margin of 25.40%, with its operating margin at 11.30%, and Cummins Inc. has a profit margin of 8.20%.

The 52 week high is -0.96%, with 42.42% being its 52 week low. The 20 day simple moving average is 2.02% and the 200 day simple moving average is 13.34%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

 

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Tony Dabbs

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