The stock price of Cummins Inc (NYSE: CMI) has jumped by 1.60 compared to previous close of 354.02. Despite this, the company has seen a fall of -2.50% in its stock price over the last five trading days. prnewswire.com reported 2025-01-30 that PHILADELPHIA, Jan. 30, 2025 /PRNewswire/ — Strategic media healthcare agency CMI Media Group, a WPP company (NYSE: WPP), has released a report offering new insights into how healthcare brands can support patients with obesity from its extensive consumer-focused Media Vitals™ research. “Media Vitals 2025 Focus on Obesity” centers on the evolving way that people manage their healthcare needs today, including interactions with healthcare professionals, searching for treatment options online, and ways they consume media.
Is It Worth Investing in Cummins Inc (NYSE: CMI) Right Now?
The price-to-earnings ratio for Cummins Inc (NYSE: CMI) is above average at 23.88x. The 36-month beta value for CMI is also noteworthy at 1.00. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
The public float for CMI is 134.90M, and at present, short sellers hold a 1.31% of that float. The average trading volume of CMI on January 31, 2025 was 675.88K shares.
CMI’s Market Performance
The stock of Cummins Inc (CMI) has seen a -2.50% decrease in the past week, with a 2.43% rise in the past month, and a 7.48% gain in the past quarter. The volatility ratio for the week is 2.41%, and the volatility levels for the past 30 days are at 1.80% for CMI. The simple moving average for the past 20 days is 0.13% for CMI’s stock, with a 13.65% simple moving average for the past 200 days.
Analysts’ Opinion of CMI
Many brokerage firms have already submitted their reports for CMI stocks, with BofA Securities repeating the rating for CMI by listing it as a “Neutral.” The predicted price for CMI in the upcoming period, according to BofA Securities is $358 based on the research report published on January 14, 2025 of the current year 2025.
JP Morgan, on the other hand, stated in their research note that they expect to see CMI reach a price target of $420, previously predicting the price at $355. The rating they have provided for CMI stocks is “Neutral” according to the report published on December 09th, 2024.
Evercore ISI gave a rating of “Outperform” to CMI, setting the target price at $408 in the report published on November 13th of the previous year.
CMI Trading at -1.03% from the 50-Day Moving Average
After a stumble in the market that brought CMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.28% of loss for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares surge +3.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.11% lower at present.
During the last 5 trading sessions, CMI fell by -2.50%, which changed the moving average for the period of 200-days by +20.44% in comparison to the 20-day moving average, which settled at $359.23. In addition, Cummins Inc saw 3.18% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMI starting from RUMSEY JENNIFER, who sale 1 shares at the price of $348.84 back on Jan 27 ’25. After this action, RUMSEY JENNIFER now owns 1,481 shares of Cummins Inc, valued at $188 using the latest closing price.
Barner Sharon R, the VP – Chief Administrative Off. of Cummins Inc, sale 2,163 shares at $369.12 during a trade that took place back on Nov 21 ’24, which means that Barner Sharon R is holding 20,803 shares at $798,403 based on the most recent closing price.
Stock Fundamentals for CMI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.24 for the gross margin
The net margin for Cummins Inc stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value 20.00, with 6.54 for asset returns.
Based on Cummins Inc (CMI), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is 4.27.
Currently, EBITDA for the company is 3.02 billion with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 6.35for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
In summary, Cummins Inc (CMI) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
