|Bid||124.71 x 1400|
|Ask||0.00 x 800|
|Day's Range||129.94 - 134.25|
|52 Week Range||124.72 - 194.18|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||16.79|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||4.56 (3.41%)|
|1y Target Est||155.73|
With tariffs likely to go down in the near future, U.S. automakers will gain access to a market which holds the key to the industry's future.
Tom Linebarger has been the CEO of Cummins Inc. (NYSE:CMI) since 2012. This analysis aims first to contrast CEO compensation with other large companies. Next, we'll consider growth that the Read More...
This article first appeared on SumZero, the world’s largest research community of buyside investment professionals. The combination of understated earnings and less media attention lead investors to underrate the strength and growth of Cummins’ business.
Cummins Inc. (CMI) announced today that the Cummins X12 engine is now available in the Freightliner 114SD chassis. “Cummins is excited about the positive impact our X12 will have in weight-sensitive markets,” said Brett Merritt, Vice President − Cummins On-Highway Engine Business. The engine is capable of up to 500 horsepower and 1700 pounds-feet of torque, and is optimized for the Freightliner 114SD chassis for vocational applications like concrete mixers and dump trucks.
Yes, there was a strong rebound off the October lows, which is classic market action. Almost textbook as well is the dramatic intra-day swings and alternating days of declines and advances, explains dividend specialist and value investing expert, Kelley Wright, editor of IQ Trends.
“Market conditions are changing. The continued rise in interest rates suggests we are in the early stages of a bond bear market, which could intensify as central banks withdraw liquidity. The receding tide of liquidity will start to reveal more rocks beyond what has been exposed in emerging markets so far, and the value of […]
The CEO of engine maker Cummins, which gets 10% of its revenue from China, reveals on Thursday his hopes and fears about the U.S.-China trade truce.
COLUMBUS, Ind.—What will make a bigger difference to global warming: sleek electric sedans like those made by Tesla Inc., or heavy duty trucks, powered by the sort of engines that Cummins Inc. is testing at its research center here just south of Indianapolis? The answer is the latter, for a simple reason: Most of the world thinks like a Cummins customer, not a Tesla customer. A Tesla buyer isn’t trying to save money: It is “an emotional buy,” says Wayne Eckerle, Cummins’s head of research.
The numbers: Construction spending was at a seasonally adjusted annual $1.309 billion in October, 0.1% lower than a revised September spending pace of $1.311 billion, the Commerce Department said Monday. Public outlays on construction projects were 0.8% higher than in September, while private sector spending was 0.4% lower. Both sectors were higher compared to a year ago, public spending by 8.5% and private by 3.9%.
In this daily bar chart of CMI, below, we can see that last week CMI rallied above the bottoming 200-day moving average line. The daily On-Balance-Volume (OBV) line shows a positive bias for November suggesting that buyers of CMI were more aggressive. The trend-following Moving Average Convergence Divergence (MACD) oscillator crossed above the zero line in the first half of November for an outright go long signal.
Absent a last-minute deal or delay, the U.S. is set to impose 25% tariffs on $200 billion worth of Chinese imports—and China is set to retaliate.
NEW YORK, Nov. 29, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
On 30 September 2018, Cummins Inc (NYSE:CMI) announced its earnings update. Overall, the consensus outlook from analysts appear highly confident, as a 84% rise in profits is expected in the Read More...
On November 13, Cummins (CMI) said that it would support the EPA’s intended new standards on the low nitrogen oxides rule for heavy-duty engines like trucks on highways. The EPA is expected to release the new norms in 2020. The efforts are meant to reduce the nitrogen oxide and particulate matters.
Johnson Controls (JCI) signs agreement to sell the power solutions business to Brookfield Business Partners. The expected closing date of the transaction is Jun 30, 2019.
Cummins Inc. (CMI) announced its support of the U.S. Environmental Protection Agency’s (EPA) efforts to develop a national low NOx (nitrogen oxides) rule for on-highway heavy-duty engines. “Cummins has a long history of working with regulators to help develop tough, clear and enforceable standards that lead to a cleaner, healthier and safer environment,” said Jennifer Rumsey, Vice President and Chief Technical Officer at Cummins Inc. “We can and should do more to reduce NOx.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Industrials sector is rising.
The U.S. Environmental Protection Agency will announce plans to propose new rules to significantly decrease emissions of smog-forming nitrogen oxide from diesel-powered heavy-duty trucks, an agency official said. Industry groups and state environmental officials have urged the EPA to set new nationwide rules as the state of California has been moving forward with plans to set new state emissions limits.
Cummins Inc. announced today that New York Moves Magazine has recognized the Cummins Powers Women program in its 2018 Power Women Awards. Mary Chandler, Vice President of Corporate Responsibility and Chief Executive Officer of the Cummins Foundation, accepted the award on behalf of Cummins.
In a press release on November 9, Cummins (CMI) announced that it would display the new QSG12 50 HZ diesel generator series at the MATELEC show in Madrid, Spain. The show will be held on November 13–16. Cummins will introduce two new models—C400D5 and C450D5. These models will be powered by Cummins’ four-cycle, inline, six-cylinder dual speed engine.
Mounting trade tensions, particularly between the U.S. and China, ripple through global supply chains built over the past two decades. Companies are faced with recasting the chains, or passing costs to customers.