As on Wednesday, Cummins Inc (NYSE: CMI) got off with the flyer as it spiked 3.17% to $366.34, before settling in for the price of $355.08 at the close. Taking a more long-term approach, CMI posted a 52-week range of $216.91-$370.21.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 8.52%. Meanwhile, its Annual Earning per share during the time was -17.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.01%. This publicly-traded company’s shares outstanding now amounts to $141.80 million, simultaneously with a float of $134.96 million. The organization now has a market capitalization sitting at $50.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $326.20, while the 200-day Moving Average is $293.61.
Cummins Inc (CMI) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Industrial Machinery industry. Cummins Inc’s current insider ownership accounts for 1.62%, in contrast to 85.31% institutional ownership. Preceding that transaction, on Nov 11 ’24, Company’s Director sold 4,945 for 358.55, making the whole transaction’s value amount to 1,773,043. This particular insider is now the holder of 4,478 in total.
Cummins Inc (CMI) Earnings and Revenue Records
Cummins Inc’s EPS increase for this current 12-month fiscal period is 3.01% and is forecasted to reach 22.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -17.10% growth it accomplished over the previous five years trading on the market.
Cummins Inc (NYSE: CMI) Trading Performance Indicators
Let’s observe the current performance indicators for Cummins Inc (CMI). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 7.61. Alongside those numbers, its PE Ratio stands at $24.32, and its Beta score is 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.47. Similarly, its price to free cash flow for trailing twelve months is now 149.13.
In the same vein, CMI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 15.06, a figure that is expected to reach 4.71 in the next quarter, and analysts are predicting that it will be 22.10 at the market close of one year from today.
Technical Analysis of Cummins Inc (CMI)
Through scrutinizing the latest numbers posted by the [Cummins Inc, CMI], it can be observed that its last 5-days Average volume of 0.67 million was lower the volume of 1.49 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 77.44% While, its Average True Range was 8.07.
Raw Stochastic average of Cummins Inc (CMI) in the period of the previous 100 days is set at 96.31%, which indicates a major rise in contrast to 91.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.46% that was higher than 27.63% volatility it exhibited in the past 100-days period.