140.78 +0.02 (0.01%)
After hours: 4:23PM EDT
|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||138.72 - 141.28|
|52 Week Range||129.90 - 194.18|
|PE Ratio (TTM)||22.25|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||4.56 (3.21%)|
|1y Target Est||156.25|
In last night's Mad Money program Jim Cramer weighed in on Cummins Inc. In this daily bar chart of CMI, below, we can see that prices have recently rallied above the bottoming 50-day moving average line. The daily On-Balance-Volume (OBV) line has broken its downtrend from early February and the line shows more aggressive buying since early July.
MARKET PULSE Cummins Inc. (cmi) said Wednesday it has entered into a $500 million accelerated stock repurchase (ASR) agreement with Goldman Sachs & Co. LLC. The engine maker's stock edged up 0.2% in premarket trade.
Cummins Inc. (CMI) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Goldman, Sachs & Co. LLC (GS&Co.) to repurchase $500 million of Cummins’ common stock. Today’s ASR is part of Cummins’ previously announced share repurchase plans authorized by the Board of Directors and is consistent with the company’s plans to return 75 percent of Operating Cash Flow to shareholders in 2018. Under the terms of the ASR agreement, Cummins will repurchase $500 million of its common stock from GS&Co. with an initial delivery of approximately 3 million shares based on current market prices.
In 2018, Cummins (CMI) is likely to benefit from an increased engine and component demand for heavy- and medium-duty trucks in North America.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes? Let's find out.
Cummins Inc. (NYSE: CMI) has not specified which engines fall into a recall affecting 500,000 trucks, the company's engines are options at most major truck manufacturers. Cummins Inc. announced record earnings for its second quarter this morning, and that news was immediately overshadowed by an engine recall that has already impacted 230,000 vehicles, mostly heavy-duty Ram pickups, and now will encompass an additional 500,000 heavy-duty truck models. The recall is related to a catalyst that degrades faster than expected, allowing Cummins engines to exceed emissions control limits.
WASHINGTON/DETROIT (Reuters) - Cummins Inc has agreed to recall about 500,000 medium- and heavy-duty trucks in the United States to correct a faulty emissions control system in the engines it made for the trucks, the U.S. Environmental Protection Agency said on Tuesday. The EPA said the Cummins recall of vehicles produced between 2010 and 2015 was the largest ever voluntary recall of trucks due to emissions problems. The recall is to replace a faulty emissions control systems component that causes excess nitrogen oxides (NOx) emissions.
Cummins (CMI) announced its second-quarter earnings today before the markets opened. With its adjusted EPS of $3.32, Cummins registered 31.2% YoY (year-over-year) growth. It reported EPS of $2.53 in Q2 2017.
WASHINGTON (AP) — The Environmental Protection Agency is announcing the recall of a half-million trucks with faulty pollution controls.
Cummins (CMI) delivered earnings and revenue surprises of 12.81% and 6.55%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Columbus, Indiana-based company said it had net income of $3.32. Earnings, adjusted for one-time gains and costs, were $4.14 per share. The results topped Wall Street expectations. ...
Cummins Inc. (cmi) said Tuesday it had net income of $545 million, or $3.32 a share, in the second quarter, up from $424 million, or $2.53 a share, in the year-earlier period. The maker of engines for the power industry said revenue rose 21% to $6.1 billion. The company is now expecting full-year revenue growth of 15% to 17%.
COLUMBUS, Ind.-- -- Second quarter revenues of $6.1 billion GAAP 1 Net Income of $545 million and Diluted EPS of $3.32 EBITDA of $0.9 billion or 14.6 percent of sales Full year revenues expected to increase 15 to 17 percent EBITDA is expected to be in the range of 14.8 to 15.2 percent of sales The Company finalized its plans for a previously disclosed product campaign, resulting in a charge of $181 ...
Cummins (CMI) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Cummins Inc. (CMI) announced a settlement agreement has been reached with JM Turbo Technology Corporation precluding the manufacture or sale of products that infringe Cummins patents. As part of the settlement agreement, JM Turbo Technology acknowledged it illegally marketed and sold turbochargers protected by Cummins’ patents and other intellectual property rights registered in multiple countries. In addition, Cummins patents were infringed, valid and enforceable.
Today Cummins Inc. (CMI) announced the production of the two millionth engine at its Jamestown Engine Plant (JEP) in Jamestown, New York. Cummins acquired the more than one million-square-foot facility in 1974, using it initially to manufacture engine components. Jamestown is home to the production of Cummins heavy-duty engine technologies including the X15, ISX12, X12, ISM11 diesel engines and ISX12N natural gas engine as well as historically the ISX15 diesel engine and ISX12 G natural gas engine.