Cummins Inc (NYSE: CMI) kicked off on Tuesday, down -1.10% from the previous trading day, before settling in for the closing price of $326.15. Over the past 52 weeks, CMI has traded in a range of $261.51-$387.90.
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A company in the Industrials sector has jumped its sales by 8.72% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 4.24%. With a float of $135.15 million, this company’s outstanding shares have now reached $137.40 million.
In an organization with 69600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 24.56%, operating margin of 10.37%, and the pretax margin is 14.38%.
Cummins Inc (CMI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Cummins Inc is 1.69%, while institutional ownership is 84.71%. The most recent insider transaction that took place on Feb 10 ’25, was worth 4,281,359. In this transaction VP – Chief Financial Officer of this company sold 11,430 shares at a rate of $374.57, taking the stock ownership to the 26,122 shares. Before that another transaction happened on Feb 10 ’25, when Company’s Officer proposed sale 11,430 for $374.57, making the entire transaction worth $4,281,359.
Cummins Inc (CMI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 4.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.19% during the next five years compared to 14.40% growth over the previous five years of trading.
Cummins Inc (NYSE: CMI) Trading Performance Indicators
Take a look at Cummins Inc’s (CMI) current performance indicators. Last quarter, stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 158.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 28.17, a number that is poised to hit 5.02 in the next quarter and is forecasted to reach 26.40 in one year’s time.
Technical Analysis of Cummins Inc (CMI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was better than the volume of 0.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.07%. Additionally, its Average True Range was 10.03.
During the past 100 days, Cummins Inc’s (CMI) raw stochastic average was set at 13.40%, which indicates a significant decrease from 16.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.66% in the past 14 days, which was higher than the 27.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $357.47, while its 200-day Moving Average is $327.28. However, in the short run, Cummins Inc’s stock first resistance to watch stands at $325.22. Second resistance stands at $327.88. The third major resistance level sits at $331.42. If the price goes on to break the first support level at $319.02, it is likely to go to the next support level at $315.48. The third support level lies at $312.82 if the price breaches the second support level.
Cummins Inc (NYSE: CMI) Key Stats
The company with the Market Capitalisation of 44.34 billion has total of 137,481K Shares Outstanding. Its annual sales at the moment are 34,102 M in contrast with the sum of 3,946 M annual income. Company’s last quarter sales were recorded 8,447 M and last quarter income was 418,000 K.
