The company in question is, Cummins Inc. (NYSE:CMI) currently with a stock price of 123.38 (1.09% today). The market cap for Cummins Inc. is 20836.38, and is in the sector Industrial Goods, and Diversified Machinery industry. The target price for Cummins Inc. is 110.47. Currently Cummins Inc. is trading with a P/E of 16.17, and a forward P/E of 15.58. Average volume for Cummins Inc. is 1788.8 and so far today it is 1275948.
Performance in the last year for Cummins Inc. has been 2.23%. For EPS growth, Cummins Inc. has seen a growth of -13.00%, and is looking to grow in the next year to -1.30%. More long term stats show that EPS growth has been 8.30% over the last five years and could be -0.44% for the next five years. Cummins Inc. has seen sales growth quarter over quarter at -8.90%, with EPS growth quarter over quarter at -12.70%. The 20-day simple moving average is 7.94%, with the 200-day simple moving average coming to 19.70%.
Since the IPO date for Cummins Inc. on the 12/18/1984, Cummins Inc. has seen performance year to date to be 41.26%. With Cummins Inc. trading at 123.38, the dividend yield is 3.36%, and the EPS is 7.55.
So could Cummins Inc., be undervalued? Well as said before P/E is 16.17. The PEG is *TBA, P/S is 1.11 and the P/B is at 3.03. The P/cash is 16.36, with P/free cash flow at 28.86.
Cummins Inc. ability to deal with debt shows that the current ratio is 1.9, and the quick ratio is 1.2. This is with long term debt/equity at 0.23, and total debt/equity at 0.26.
In terms of margins, Cummins Inc. has a gross margin of 25.70%, an operating margin of 10.60% and a profit margin of 7.10%.Payout ratio for Cummins Inc. is 49.00%. Return on assets come to 8.70% with return on investment coming to 16.60%.
Insider ownership for Cummins Inc., is at 0.20% and institutional ownership comes to 88.30%. Outstanding shares are at 170.72. While shares float is 169.88. The float short is currently 5.26%, and short ratio is 5.