Shares of Cummins have moved -1.6% today, and are now trading at a price of $214.49. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 718,601 compared to the stock's average volume of 757,268.
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 $30,381,867,008. Cummins currently offers its equity investors a dividend that yields 2.9% per year.
The company is now trading -16.83% away from its average analyst target price of $257.88 per share. The 15 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 12 months CMI shares have declined by -7.0%, which represents a difference of -24.0% when compared to the S&P 500. The stock's 52 week high is $265.28 per share and its 52 week low is $203.18. With its net margins declining an average -1.8% over the last 6 years, Cummins declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 32,194,000 | 2,596,000 | 8 | 0.0 |
| 2022 | 28,074,000 | 2,183,000 | 8 | -11.11 |
| 2021 | 24,021,000 | 2,164,000 | 9 | 0.0 |
| 2020 | 19,811,000 | 1,811,000 | 9 | -10.0 |
| 2019 | 23,571,000 | 2,268,000 | 10 | 11.11 |
| 2018 | 23,771,000 | 2,187,000 | 9 |
