|Bid||75.01 x 100|
|Ask||172.00 x 1000|
|Day's Range||159.40 - 163.35|
|52 Week Range||149.85 - 194.18|
|PE Ratio (TTM)||27.16|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||4.32 (2.59%)|
|1y Target Est||183.05|
Caterpillar Inc. (NYSE:CAT) stock has not been easy to own through the turbulence of the past two months. Tariff war headlines with China made CAT an easy target for shorts. Fears were overblown over retaliation from China. And stocks like Caterpillar, Boeing Co (NYSE:BA) and Deere & Company (NYSE:DE) became easy targets in spite of their great fundamentals.
Cummins Inc. (CMI) is pleased to announce that starting in the fourth quarter of 2018, Autocar – an American manufacturer of severe-duty, cab-over-engine vocational trucks, will introduce the X12 in their ACX® model. “With its best-in-class power-to-weight ratio, Cummins believes that the X12 engine will be well suited to address the needs of the refuse market as well as other weight sensitive vocational applications,” said Brett Merritt, Vice President – Cummins On-Highway Engine Business. To meet customer needs, the Cummins X12 boasts a remarkably low engine weight of 2,050 pounds that doesn’t compromise on durability or performance.
Shares of General Electric (GE) and Cummins (CMI) are higher on Tuesday, following reports that the latter, along with CVC Capital Partners, may be among the potential suitors for GE's Jenbacher unit. Bloomberg reports that Cummins and CVC are considering a bid that values GE's Austrian as engine maker at more than $3 billion, according to anonymous sources close to the situation. However, they're not alone, as the report cites the private equity group EQT Partners and KKR & Co. (KKR) are also weighing a bid. GE is working with Citigroup and Credit Suisse on the sale, which is only in its early stages, Bloomberg reports.
General Electric Co. is moving toward a deal to sell an industrial gas-engine business as Cummins Inc. and CVC Capital Partners weigh initial bids that could value the operation at more than $3 billion, ...
This weekend's Barron's cover story shows how trade tensions will test companies and investors. Other featured articles question whether earnings can save the bull market and present the results of the ...
Knee-jerk reactions by the stock market can be a value investor’s best friend. Cummins (CMI) is a possible case in point. Daniel Morgan, a senior portfolio manager at Synovus Trust, has bought shares for clients lately.
In this article I am going to calculate the intrinsic value of Cummins Inc (NYSE:CMI) using the discounted cash flows (DCF) model. If you want to learn more about thisRead More...
The Trump administration recently announced Section 232 Proclamation on imports, imposing a 25-percent duty on steel and a 10-percent tariff on aluminum imports. Against this backdrop and a number of ...
Originally approved in 2014, Executive Order must be approved for eligibility on a model year basis INDIANAPOLIS , March 14, 2018 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and Cummins ...
Cummins Inc. announced today – on International Women’s Day – Cummins Powers Women, a landmark community initiative to advance its long-term commitment to the empowerment of women and girls around the world.
Cummins (CMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more
Three CEOs had a private dinner with President Trump at the White House on behalf of a CEO lobbying group.