Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $330.71 in the prior trading day, Cummins Inc (NYSE: CMI) closed at $312.92, down -5.38%. In other words, the price has decreased by -$5.38 from its previous closing price. On the day, 1.57 million shares were traded. CMI stock price reached its highest trading level at $330.5 during the session, while it also had its lowest trading level at $312.455.
Ratios:
Our goal is to gain a better understanding of CMI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 154.20. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 43020554240 and an Enterprise Value of 49480605696. As of this moment, Cummins’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.11, and their Forward P/E ratio for the next fiscal year is 11.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 4.19. Its current Enterprise Value per Revenue stands at 1.451 whereas that against EBITDA is 10.219.
Stock Price History:
The Beta on a monthly basis for CMI is 1.04, which has changed by 0.13855338 over the last 52 weeks, in comparison to a change of 0.07903516 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 $260.88. The 50-Day Moving Average of the stock is -12.83%, while the 200-Day Moving Average is calculated to be -4.19%.
Shares Statistics:
The stock has traded on average 835.07K shares per day over the past 3-months and 1192380 shares per day over the last 10 days, according to various share statistics. 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 84.72% stake in the company. Shares short for CMI as of 1740700800 were 1561706 with a Short Ratio of 1.87, 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
In the trailing 12 months, CMI’s forward annual dividend rate was 7.0, compared to 7.14 this year. Against a Trailing Annual Dividend Yield of 0.021166582The 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.
