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As of close of business last night, Cummins Inc’s stock clocked out at $327.16, up 1.43% from its previous closing price of $322.55. In other words, the price has increased by $1.43 from its previous closing price. On the day, 0.77 million shares were traded. CMI stock price reached its highest trading level at $330.47 during the session, while it also had its lowest trading level at $322.0469.
Ratios:
To gain a deeper understanding of CMI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 161.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.51.
On December 09, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $355 to $420.
Evercore ISI Upgraded its In-line to Outperform on November 13, 2024, whereas the target price for the stock was revised from $294 to $408.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 10 ’25 when Smith Mark Andrew sold 11,430 shares for $374.57 per share. The transaction valued at 4,281,359 led to the insider holds 26,122 shares of the business.
MARK A. SMITH bought 11,430 shares of CMI for $4,281,359 on Feb 10 ’25. On Jan 27 ’25, another insider, RUMSEY JENNIFER, who serves as the Chair and CEO of the company, sold 1 shares for $348.84 each. As a result, the insider received 188 and left with 1,481 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMI now has a Market Capitalization of 44978282496 and an Enterprise Value of 51423215616. As of this moment, Cummins’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.61, and their Forward P/E ratio for the next fiscal year is 12.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 4.38. Its current Enterprise Value per Revenue stands at 1.508 whereas that against EBITDA is 10.62.
Stock Price History:
The Beta on a monthly basis for CMI is 1.06, which has changed by 0.12271786 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, CMI has reached a high of $387.90, while it has fallen to a 52-week low of $261.51. The 50-Day Moving Average of the stock is -8.34%, while the 200-Day Moving Average is calculated to be -0.11%.
Shares Statistics:
It appears that CMI traded 862.31K shares on average per day over the past three months and 1141210 shares per day over the past ten days. A total of 137.40M shares are outstanding, with a floating share count of 135.15M. Insiders hold about 1.69% of the company’s shares, while institutions hold 84.70% stake in the company. Shares short for CMI as of 1740700800 were 1561706 with a Short Ratio of 1.81, compared to 1738281600 on 1305303. Therefore, it implies a Short% of Shares Outstanding of 1561706 and a Short% of Float of 1.3099999.
Dividends & Splits
With its trailing 12-month dividend rate of 7.0, CMI has a forward annual dividend rate of 7.14. Against a Trailing Annual Dividend Yield of 0.021702062The stock’s 5-year Average Dividend Yield is 2.52. The current Payout Ratio is 24.68% for CMI, which recently paid a dividend on 2025-02-21 with an ex-dividend date of 1740096000. Stock splits for the company last occurred on 2008-01-03 when the company split stock in a 2:1 ratio.
