|Bid||214.50 x 900|
|Ask||221.45 x 900|
|Day's Range||212.80 - 219.49|
|52 Week Range||101.03 - 231.35|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||20.49|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||5.40 (2.53%)|
|Ex-Dividend Date||Nov 19, 2020|
|1y Target Est||236.17|
NEW YORK, Oct. 28, 2020 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced that it has been recognized by Cummins Inc. [NYSE: CMI] as a 2020 Cummins COVID-19 Outstanding Supplier. “We at Cummins would like to recognize EXL for demonstrating innovation and delivering superior results to ensure continuity of supplier freight pay services during the COVID-19 pandemic,” said Denis Ford, International Sourcing Leader for EMEA, Cummins. “We appreciate the hard work and dedication given when we needed it the most.”The COVID-19 Outstanding Supplier Program was created by Cummins to recognize its partners who stepped up to support Cummins and its customers during this volatile time. Out of 25,000 suppliers, only 18 were chosen to receive this recognition.“We are pleased to be named a 2020 Cummins COVID-19 Outstanding Supplier,” said Narasimha Kini, Senior Vice President and Head of the Emerging Businesses. “Our goal in this period of increased disruption has been to help businesses develop a sustainable approach to resiliency without sacrificing profitability. This award validates our approach to a strategic partnership with Cummins.”About EXL EXL (NASDAQ: EXLS) is a leading operations management and analytics company that helps our clients build and grow sustainable businesses. By orchestrating our domain expertise, data, analytics and digital technology, we look deeper to design and manage agile, customer-centric operating models to improve global operations, drive profitability, enhance customer satisfaction, increase data-driven insights, and manage risk and compliance. Headquartered in New York, EXL has more than 31,600 professionals in locations throughout the United States, the UK, Europe, India, the Philippines, Colombia, Australia and South Africa. EXL serves multiple industries including insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics, media and retail, among others. For more information, visit www.exlservice.com.About Cummins Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 61,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.3 billion on sales of $23.6 billion in 2019. For more information visit www.cummins.com. CONTACT: Investor Relations Steven N. Barlow Vice President Investor Relations 212-624-5913 firstname.lastname@example.org Media - US Michael Sherrill Vice President Marketing 646-419-0778 email@example.com Media - Europe, India and APAC Shailendra Singh Vice President Corporate Communications +91-98104-76075 firstname.lastname@example.org
CMI earnings call for the period ending September 27, 2020.
In the current session, Cummins Inc. (NYSE:CMI) is trading at $222.85, after a 0.98% spike. Over the past month, the stock increased by 4.54%, and in the past year, by 27.48%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week high by 2.05%. The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. Most often, an industry will prevail in a particular phase of a business cycle, than other industries. View more earnings on CMICummins Inc. has a lower P/E than the aggregate P/E of 56.05 of the Machinery industry. Ideally, one might believe that they might perform worse than its peers, but it's also probable that the stock is undervalued. There are many limitations to P/E ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Tuesday * Cummins: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.