Cummins Inc. (CMI)
|Net Income (ttm)||1.95B|
|Ex-Dividend Date||May 19, 2022|
|Day's Range||187.93 - 195.10|
|52-Week Range||184.28 - 247.48|
|Price Target||248.39 (+27.4%)|
|Earnings Date||Aug 2, 2022|
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new pa... [Read more...]
In 2021, Cummins's revenue was $24.02 billion, an increase of 21.25% compared to the previous year's $19.81 billion. Earnings were $2.13 billion, an increase of 19.12%.Financial Statements
According to 28 analysts, the average rating for CMI stock is "Buy." The 12-month stock price forecast is 248.39, which is an increase of 27.37% from the latest price.
GALESBURG, Mich.--(BUSINESS WIRE)-- #commercialvehicles--Eaton Cummins Automated Transmission Technologies today introduced a new online selector tool, which helps users choose the optimal transmission.
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), today announced definitive agreements to supply fuel linked to renewable natural gas for a Walma...
Cummins (CMI) reported earnings 30 days ago. What's next for the stock?
TROY, Mich. , May 26, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that its shareholders have voted to approve the previously announced pending acquisition by Cummins Inc. (NYSE: CMI)...
On 5/19/22, Whirlpool, Unilever, and Cummins will all trade ex-dividend for their respective upcoming dividends. Whirlpool will pay its quarterly dividend of $1.75 on 6/15/22, Unilever plc will pay its ...
The electric vehicle revolution is far bigger–literally–than Teslas and Ford's electric pickup.
LONG BEACH, Calif. — In the clearest sign yet of Cummins Inc.'s evolution from a legacy diesel engine maker, the company will work with Daimler Truck North America to fit Class 8 Freightliner Cascadias ...
Cummins (CMI) and Daimler Truck collaborate to make hydrogen fuel cell powertrain easily accessible to customers in an effort to move into carbon-neutral transportation.
These two stocks can provide income investors with dividend yields that are double what the broader market is offering.
Daimler Truck North America and Cummins Collaborate to Drive Hydrogen Fuel Cell Trucks Forward in North America
COLUMBUS, Ind. & PORTLAND, Ore.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI), a global power and hydrogen technologies leader, and Daimler Truck North America (DTNA), the largest heavy-duty truck manufact...
COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on June 2, 2022, to sharehold...
Cummins (NYSE: CMI) records first quarter EPS of $2.92, which was lower than the $3.56 analyst estimate. Revenue for the first quarter came to around $6.4 billion which was more than the $6.03 billion c...
Cummins (CMI) delivers earnings and sales beat in first-quarter 2022. The company raises its revenue growth projections for 2022.
Cummins Inc. posted record Q1 sales, extending a yearlong streak of outperforming analyst forecasts. It missed on income in part because of a $158 million write-off for indefinitely suspending business ...
Cummins (CMI) delivered earnings and revenue surprises of 13.80% and 5.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cummins Inc. CMI, +3.03% fell 2.0% in premarket trading Tuesday, after the diesel and natural gas engines and new power company reported first-quarter profit that fell, weighed by costs associ...
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2022. First quarter revenues of $6.4 billion increased 5 percent from the same quarter in 2021. ...
Cummins (CMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Zacks Consensus Estimate for Cummins' (CMI) Q1 earnings and revenues is pegged at $3.55 per share and $6.03 billion, respectively.
Overall Q1 earnings for the auto sector are projected to rise 6.5% on 8.4% higher revenues, per the Earnings Trends report. CMI, VRM and LCII are a few companies likely to trump estimates.
Cummins (CMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.