Stock Updates

A look at a High Market Cap Stock: Cummins Inc., CMI

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 21546.46. Since its IPO date on the 12/18/1984, Cummins Inc., CMI performance year to date is 46.74%. Today Cummins Inc., CMI has gained -0.29%, with a current price of 125.76.

Ownership of the company is 0.10% 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 19.50%. The 52-week high is -4.03%, and the 52-week low is 61.68%. The average volume for Cummins Inc., CMI is 1030703.

With a target price of 121.42, can Cummins Inc., CMI reach this target? Looking at the value indicators of Cummins Inc., CMI. Cummins Inc. has a P/E of 17.16 and a forward P/E of 15.82. Perhaps the more useful indicator than P/E, is PEG which has a value of 27.68. Cummins Inc. also has a P/S and a P/B of 1.18 and 3.09 respectively. For P/cash, Cummins Inc. has a value of 16.83, while it is 26.83 for P/free cash flow.

At the current price of 125.76, Cummins Inc. has a dividend yield of 3.26%. 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 -2.36% 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.

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.

About the author

Tony Dabbs

Leave a Comment