Summary
284.77 -0.79(-0.28%)05/20/2024
Cummins Inc. (CMI)
Cummins Inc. (CMI)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.23 | 1.59 | -4.42 | 15.70 | 31.69 | 31.17 | 97.29 | 13,903.41 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 287.07 | |
| Open | 284.89 | |
| High | 289.20 | |
| Low | 284.89 | |
| Volume | 531,069 | |
| Change | 3.48 | |
| Change % | 1.23 | |
| Avg Volume (20 Days) | 879,016 | |
| Volume/Avg Volume (20 Days) Ratio | 0.60 | |
| 52 Week Range | 203.18 - 304.25 | |
| Price vs 52 Week High | -5.65% | |
| Price vs 52 Week Low | 41.29% | |
| Range | 0.77 | |
| Gap Up/Down | -2.05 | |
Fundamentals | ||
| Market Capitalization (Mln) | 38,960 | |
| EBIDTA | 4,373,000,192 | |
| PE Ratio | 21.9244 | |
| PEG Ratio | 0.7485 | |
| WallStreet Target Price | 297.99 | |
| Book Value | 66.2890 | |
| Earnings Per Share | 13.6200 | |
| EPS Estimate Current Quarter | 5.1300 | |
| EPS Estimate Next Quarter | 4.8100 | |
| EPS Estimate Current Year | 18.7000 | |
| EPS Estimate Next Year | 21.5700 | |
| Diluted EPS (TTM) | 13.6200 | |
| Revenues | ||
| Profit Marging | 0.0570 | |
| Operating Marging (TTM) | 0.0988 | |
| Return on asset (TTM) | 0.0660 | |
| Return on equity (TTM) | 0.1966 | |
| Revenue TTM | 34,015,000,576 | |
| Revenue per share TTM | 240.1340 | |
| Quarterly Revenue Growth (YOY) | -0.0060 | |
| Quarterly Earnings Growth (YOY) | 1.5280 | |
| Gross Profit (TTM) | 6,736,000,000 | |
| Dividends | ||
| Dividend Share | 6.6100 | |
| Dividend Yield | 0.0225 | |
| Valuations | ||
| Trailing PE | 21.9244 | |
| Forward PE | 16.1031 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 4.6147 | |
| Revenue Enterprise Value | 1.3300 | |
| EBITDA Enterprise Value | 14.9776 | |
| Shares | ||
| Shares Outstanding | 136,780,000 | |
| Shares Float | 136,072,723 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 0.41 | |
| Institutions (%) | 87.81 | |
05/20 07:30 EST - businesswire.com
Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products Accelera unveiled at this year's Advanced Clean Transportation (ACT) Expo on May 20 in Las Vegas. “Ac.
Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products Accelera unveiled at this year's Advanced Clean Transportation (ACT) Expo on May 20 in Las Vegas. “Ac.
05/17 15:25 EST - businesswire.com
Andrew McDougall Named 2024 Louis Schwitzer Award Winner
INDIANAPOLIS--(BUSINESS WIRE)--Today at the Indianapolis Motor Speedway (IMS), Cummins Inc. (NYSE: CMI) and Valvoline Global Operations celebrate Andrew McDougall – who was honored with the 2024 Louis Schwitzer Award for his Xtrac Electric Servo Actuator, which has been adopted by the NTT INDYCAR® SERIES. In addition to the award, Cummins, Valvoline Global, and the Indiana Section of the Society of Automotive Engineers (SAE) International presented Andrew McDougall with a $10,000 prize. Valvoli.
Andrew McDougall Named 2024 Louis Schwitzer Award Winner
INDIANAPOLIS--(BUSINESS WIRE)--Today at the Indianapolis Motor Speedway (IMS), Cummins Inc. (NYSE: CMI) and Valvoline Global Operations celebrate Andrew McDougall – who was honored with the 2024 Louis Schwitzer Award for his Xtrac Electric Servo Actuator, which has been adopted by the NTT INDYCAR® SERIES. In addition to the award, Cummins, Valvoline Global, and the Indiana Section of the Society of Automotive Engineers (SAE) International presented Andrew McDougall with a $10,000 prize. Valvoli.
05/16 17:53 EST - youtube.com
Cummins CEO: It's more challenging to electrify enterprise vehicle solutions
Morgan Brennan sits down with Cummins Chair & CEO Jennifer Rumsey to discuss the opportunity for Cummins in powering AI data centers, the transition of electrifying commercial vehicles and the country's growing demand for power.
Cummins CEO: It's more challenging to electrify enterprise vehicle solutions
Morgan Brennan sits down with Cummins Chair & CEO Jennifer Rumsey to discuss the opportunity for Cummins in powering AI data centers, the transition of electrifying commercial vehicles and the country's growing demand for power.
05/16 11:30 EST - businesswire.com
Cummins Raises Long-Term Financial Targets
COLUMBUS, Ind.--(BUSINESS WIRE)--At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), shared the Company's plans to raise its long-term financial expectations, relative to its prior Analyst Day, and deliver increasing returns to shareholders. “Two years ago, we introduced Destination Zero as our winning growth strategy. This is proving to be the right strategy for our customers, for the environment and for the continued growth of Cummins.
Cummins Raises Long-Term Financial Targets
COLUMBUS, Ind.--(BUSINESS WIRE)--At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), shared the Company's plans to raise its long-term financial expectations, relative to its prior Analyst Day, and deliver increasing returns to shareholders. “Two years ago, we introduced Destination Zero as our winning growth strategy. This is proving to be the right strategy for our customers, for the environment and for the continued growth of Cummins.
05/15 10:00 EST - prnewswire.com
Cummins Inc. Investor Alert Reminder (NYSE: CMI): Schubert Jonckheer & Kolbe LLP Investigating Potential Claims Against the Company's Officers and Directors Following $1.675 Billion Civil Penalty
SAN FRANCISCO , May 15, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP reminds Cummins Inc. investors that the firm is investigating potential legal claims arising from the company's role in an alleged scandal to violate vehicle emission standards. In December 2023, Cummins agreed to pay a record-setting $1.675 billion civil penalty with the U.S. Department of Justice, U.S. Environmental Protection Agency, and the State of California to resolve the allegations.
Cummins Inc. Investor Alert Reminder (NYSE: CMI): Schubert Jonckheer & Kolbe LLP Investigating Potential Claims Against the Company's Officers and Directors Following $1.675 Billion Civil Penalty
SAN FRANCISCO , May 15, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP reminds Cummins Inc. investors that the firm is investigating potential legal claims arising from the company's role in an alleged scandal to violate vehicle emission standards. In December 2023, Cummins agreed to pay a record-setting $1.675 billion civil penalty with the U.S. Department of Justice, U.S. Environmental Protection Agency, and the State of California to resolve the allegations.
05/14 16:15 EST - businesswire.com
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on June 6, 2024, to shareholders of record on May 24, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skil.
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on June 6, 2024, to shareholders of record on May 24, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skil.
05/14 08:44 EST - businesswire.com
CORRECTING and REPLACING Accelera by Cummins and Isuzu to launch battery-electric F-series in North America
COLUMBUS, Ind.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ACCELERA BY CUMMINS AND ISUZU TO LAUNCH BATTERY-ELECTRIC F-SERIES IN NORTH AMERICA Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI) today announced plans to launch a battery electric powertrain for Isuzu's F-series in North America. Availability of the medium-duty truck is expected in 2026 and will include Acc.
CORRECTING and REPLACING Accelera by Cummins and Isuzu to launch battery-electric F-series in North America
COLUMBUS, Ind.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ACCELERA BY CUMMINS AND ISUZU TO LAUNCH BATTERY-ELECTRIC F-SERIES IN NORTH AMERICA Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI) today announced plans to launch a battery electric powertrain for Isuzu's F-series in North America. Availability of the medium-duty truck is expected in 2026 and will include Acc.
05/14 07:30 EST - businesswire.com
Accelera by Cummins and Isuzu will Collaborate on Battery Packs for Light Duty Vehicles
COLUMBUS, Ind.--(BUSINESS WIRE)--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), and Isuzu Commercial Truck of America, Inc. today announced plans to launch a battery electric powertrain for Isuzu's F-series in North America. Availability of the medium-duty truck is expected in 2026 and will include Accelera's next generation lithium iron phosphate (LFP) battery technology. “Partnership and collaboration is critical to supporting customers through the ener.
Accelera by Cummins and Isuzu will Collaborate on Battery Packs for Light Duty Vehicles
COLUMBUS, Ind.--(BUSINESS WIRE)--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), and Isuzu Commercial Truck of America, Inc. today announced plans to launch a battery electric powertrain for Isuzu's F-series in North America. Availability of the medium-duty truck is expected in 2026 and will include Accelera's next generation lithium iron phosphate (LFP) battery technology. “Partnership and collaboration is critical to supporting customers through the ener.
05/13 08:32 EST - businesswire.com
Cummins and Isuzu Motors Limited Introduce New 6.7-Liter Engine for Japan, Southeast Asia and Other Global Markets
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (hereinafter “Isuzu”), a leading global truck manufacturer headquartered in Japan, are launching a new 6.7-liter engine jointly developed by the two companies, designed for use in Isuzu's new medium-duty truck lineup. The “Isuzu DB6A” will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year. The engine will b.
Cummins and Isuzu Motors Limited Introduce New 6.7-Liter Engine for Japan, Southeast Asia and Other Global Markets
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (hereinafter “Isuzu”), a leading global truck manufacturer headquartered in Japan, are launching a new 6.7-liter engine jointly developed by the two companies, designed for use in Isuzu's new medium-duty truck lineup. The “Isuzu DB6A” will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year. The engine will b.
05/10 06:27 EST - investorplace.com
Overlooked AI Gems: 3 Under-the-Radar Stocks With Massive Potential
Everyone who has tried generative AI knows it's a transformational technology. And it isn't a fad; artificial intelligence will be with us for decades.
Overlooked AI Gems: 3 Under-the-Radar Stocks With Massive Potential
Everyone who has tried generative AI knows it's a transformational technology. And it isn't a fad; artificial intelligence will be with us for decades.
05/09 10:00 EST - prnewswire.com
Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.
The new Cummins lease further solidifies Mohr Logistics Park's status as a blue-chip industrial park WHITELAND, Ind. , May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.
The new Cummins lease further solidifies Mohr Logistics Park's status as a blue-chip industrial park WHITELAND, Ind. , May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
05/07 08:00 EST - businesswire.com
Accelera Battery System to Power BMC Otomotiv Electric Transit Buses in Europe
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], is collaborating with BMC Otomotiv, a leading manufacturer of buses and trucks in Turkey and throughout Europe, to provide battery solutions for their transit bus operations. The companies have signed a letter of intent (LOI) for Accelera to power BMC's city buses. This marks the first time the BP97E, Accelera's latest nickel manganese cobalt (NMC) battery pack, will be used i.
Accelera Battery System to Power BMC Otomotiv Electric Transit Buses in Europe
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], is collaborating with BMC Otomotiv, a leading manufacturer of buses and trucks in Turkey and throughout Europe, to provide battery solutions for their transit bus operations. The companies have signed a letter of intent (LOI) for Accelera to power BMC's city buses. This marks the first time the BP97E, Accelera's latest nickel manganese cobalt (NMC) battery pack, will be used i.
05/02 13:25 EST - investorplace.com
Stock Market Crash Alert: 3 Must-Buy Hydrogen Stocks When Prices Plunge
The Global X Hydrogen ETF (NASDAQ: HYDR ) was launched on July 12, 2021. The ETF included hydrogen stocks to buy that were benefiting from the global hydrogen industry.
Stock Market Crash Alert: 3 Must-Buy Hydrogen Stocks When Prices Plunge
The Global X Hydrogen ETF (NASDAQ: HYDR ) was launched on July 12, 2021. The ETF included hydrogen stocks to buy that were benefiting from the global hydrogen industry.
05/02 12:56 EST - zacks.com
Cummins (CMI) Q1 Earnings Miss, Fall Y/Y, Sales Top Estimates
For full-year 2024, Cummins (CMI) expects revenues to decline 2-5% year over year. It expects EBITDA margins in the range of 14.5-15.5% of sales.
Cummins (CMI) Q1 Earnings Miss, Fall Y/Y, Sales Top Estimates
For full-year 2024, Cummins (CMI) expects revenues to decline 2-5% year over year. It expects EBITDA margins in the range of 14.5-15.5% of sales.
05/02 11:45 EST - seekingalpha.com
Cummins Inc. (CMI) Q1 2024 Earnings Call Transcript
Cummins Inc. (NYSE:CMI ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Nicole DeBlase - Deutsche Bank David Raso - Evercore ISI Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Rob Wertheimer - Melius Research Noah Kaye - Oppenheimer Jamie Cook - Truist Securities Jeff Kauffman - Vertical Research Operator Greetings and welcome to Q1 2024 Cummins Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode.
Cummins Inc. (CMI) Q1 2024 Earnings Call Transcript
Cummins Inc. (NYSE:CMI ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Nicole DeBlase - Deutsche Bank David Raso - Evercore ISI Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Rob Wertheimer - Melius Research Noah Kaye - Oppenheimer Jamie Cook - Truist Securities Jeff Kauffman - Vertical Research Operator Greetings and welcome to Q1 2024 Cummins Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode.
05/02 10:36 EST - zacks.com
Cummins (CMI) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cummins (CMI) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
05/02 09:41 EST - zacks.com
Cummins (CMI) Lags Q1 Earnings Estimates
Cummins (CMI) came out with quarterly earnings of $5.10 per share, missing the Zacks Consensus Estimate of $5.11 per share. This compares to earnings of $5.55 per share a year ago.
Cummins (CMI) Lags Q1 Earnings Estimates
Cummins (CMI) came out with quarterly earnings of $5.10 per share, missing the Zacks Consensus Estimate of $5.11 per share. This compares to earnings of $5.55 per share a year ago.
05/02 07:30 EST - businesswire.com
Cummins Reports First Quarter 2024 Results
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024. “We continued to see strong demand from customers in the first quarter of 2024, reflecting the quality and performance of our products,” said Jennifer Rumsey, Chair and CEO. “We delivered solid profitability and also completed the separation of Atmus, allowing Cummins to continue its focus on advancing innovative power solutions and positioning Atmus to pursue its own plans for profit.
Cummins Reports First Quarter 2024 Results
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024. “We continued to see strong demand from customers in the first quarter of 2024, reflecting the quality and performance of our products,” said Jennifer Rumsey, Chair and CEO. “We delivered solid profitability and also completed the separation of Atmus, allowing Cummins to continue its focus on advancing innovative power solutions and positioning Atmus to pursue its own plans for profit.
04/29 17:27 EST - youtube.com
Here are the AI industrial names powering Big Tech
CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.
Here are the AI industrial names powering Big Tech
CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.
04/29 12:06 EST - zacks.com
Cummins (CMI) to Report Q1 Earnings: Here's What to Expect
The Zacks Consensus Estimate for Cummins' (CMI) first-quarter earnings per share and revenues is pegged at $5.11 and $8.36 billion, respectively.
Cummins (CMI) to Report Q1 Earnings: Here's What to Expect
The Zacks Consensus Estimate for Cummins' (CMI) first-quarter earnings per share and revenues is pegged at $5.11 and $8.36 billion, respectively.