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 21007.7. Since its IPO date on the 12/18/1984, Cummins Inc., CMI performance year to date is 41.53%. Today Cummins Inc., CMI has gained 1.09%, with a current price of 123.61.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 88.60%. The management of the company have seen the company have a payout ratio of 49.00%. Return of assets are at 8.70%, 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 0.23. While Total debt/equity is 0.26. With a profit margin of 7.10%, this is combined with a gross margin of 25.70%, and operating margin of 10.60%. Cummins Inc. ability to meet debt levels, with a current ratio of 1.9, 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 0.62%. The 52-week high is -2.23%, and the 52-week low is 57.63%. The average volume for Cummins Inc., CMI is 504017.

With a target price of 111.06, can Cummins Inc., CMI reach this target? Looking at the value indicators of Cummins Inc., CMI. Cummins Inc. has a P/E of 16.2 and a forward P/E of 15.59. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Cummins Inc. also has a P/S and a P/B of 1.12 and 3.04 respectively. For P/cash, Cummins Inc. has a value of 16.49, while it is 29.1 for P/free cash flow.

At the current price of 123.61, Cummins Inc. has a dividend yield of 3.35%. We see a return on equity of 17.80%.

Looking more long-term Cummins Inc., is projected to get an EPS growth for the next five years of -0.44%. In the short-term an EPS growth of -1.32% 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

Stephen Butters

Leave a Comment