The stock of Cummins Inc (NYSE: CMI) has decreased by 0.00 when compared to last closing price of 347.32.Despite this, the company has seen a loss of -5.29% in its stock price over the last five trading days. businesswire.com reported 2025-03-05 that COLUMBUS, Ind.–(BUSINESS WIRE)– #cummins–Today global power and technology leader Cummins Inc. (NYSE: CMI) announced an update to the legendary B-Series engine platform, unveiling the new Cummins B7.2 diesel engine at NTEA Work Truck Week in Indianapolis, IN. “Our B engine is a legend known around the world. We are proud to unveil the newest version, the B7.2 diesel engine, right here in our backyard,” said Brett Merritt, Vice President and President – Engine Business. “The B7.2 brings the latest techn.
Is It Worth Investing in Cummins Inc (NYSE: CMI) Right Now?
The price-to-earnings ratio for Cummins Inc (NYSE: CMI) is 12.33x, which is above its average ratio. Moreover, the 36-month beta value for CMI is 1.03. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 14 as “hold,” and 0 as “sell.”
The public float for CMI is 135.21M and currently, short sellers hold a 1.21% of that float. On March 06, 2025, CMI’s average trading volume was 790.02K shares.
CMI’s Market Performance
CMI’s stock has seen a -5.29% decrease for the week, with a -0.26% drop in the past month and a -7.39% fall in the past quarter. The volatility ratio for the week is 3.15%, and the volatility levels for the past 30 days are at 2.35% for Cummins Inc. The simple moving average for the past 20 days is -5.53% for CMI’s stock, with a 6.79% 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 -3.87% 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 -10.46% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares sank -4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.96% lower at present.
During the last 5 trading sessions, CMI fell by -5.29%, which changed the moving average for the period of 200-days by +18.89% in comparison to the 20-day moving average, which settled at $367.64. In addition, Cummins Inc saw -0.37% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMI starting from Smith Mark Andrew, who sale 11,430 shares at the price of $374.57 back on Feb 10 ’25. After this action, Smith Mark Andrew now owns 26,122 shares of Cummins Inc, valued at $4,281,359 using the latest closing price.
MARK A. SMITH, the Officer of Cummins Inc, proposed sale 11,430 shares at $374.57 during a trade that took place back on Feb 10 ’25, which means that MARK A. SMITH is holding shares at $4,281,359 based on the most recent closing price.
Stock Fundamentals for CMI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.25 for the gross margin
The net margin for Cummins Inc stands at 0.12. The total capital return value is set at 0.17. Equity return is now at value 41.27, with 12.42 for asset returns.
Based on Cummins Inc (CMI), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 9.56.
Currently, EBITDA for the company is 6.34 billion with net debt to EBITDA at 0.94. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To wrap up, the performance of Cummins Inc (CMI) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
