Cummins Inc. (CMI)

Market Cap	35.19B
Revenue (ttm)	26.15B
Net Income (ttm)	1.91B
Shares Out	141.02M
EPS (ttm)	13.43
PE Ratio	18.58
Forward PE	12.29
Dividend	$6.04 (2.42%)
Ex-Dividend Date	Nov 17, 2022

Volume	582,078
Open	247.39
Previous Close	246.82
Day's Range	244.69 - 249.55
52-Week Range	184.28 - 254.47
Beta	1.04
Analysts	Buy
Price Target	261.60 (+4.83%)
Earnings Date	Feb 6, 2023

About CMI

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...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1919
• Employees: 59,900
• Stock Exchange: NYSE
• Ticker Symbol: CMI

Financial Performance

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%.

Analyst Forecast

According to 31 analysts, the average rating for CMI stock is "Buy." The 12-month stock price forecast is $261.6, which is an increase of 4.83% from the latest price.

Price Target

$261.6

(4.83% upside)

Analyst Consensus: Buy