Large-cap Industrials company Cummins has logged a 0.2% change today on a trading volume of 26,951. The average volume for the stock is 1,080,020.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Based in Columbus, United States the company has 73,600 full time employees and a market cap of $32,290,293,760.
The company is now trading -12.04% away from its average analyst target price of $259.33 per share. The 18 analysts following the stock have set target prices ranging from $216.0 to $303.9, and on average give Cummins a rating of buy.
Over the last year, CMI shares have gone up 9.0%, which represents a difference of 13.0% when compared to the S&P 500. The stock's 52 week high is $261.91 per share whereas its 52 week low is $184.28. With its gross margins declining a compounded average of -1.5% over the last 4 years, Cummins may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 28,074,000 | 21,355,000 | 23.93 | 0.93 |
| 2021-12-31 | 24,021,000 | 18,326,000 | 23.71 | -4.01 |
| 2020-12-31 | 19,811,000 | 14,917,000 | 24.7 | -2.64 |
| 2019-12-31 | 23,571,000 | 17,591,000 | 25.37 | n/a |
