Analyst Ratings for Cummins Inc. (CMI)

Updated: 2017-07-27

Analysts covering Cummins Inc. (NYSE:CMI) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for CMI last month.

Of the 23 analysts covering the stock, 7 gave it a buy rating, 0 gave an overweight rating, 13 gave a hold rating, 1 gave an underweight rating, and 2 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.

Investment analysts gave a few price targets for CMI. The most optimistic price target was 200, implying potential capital gains of 20.61 percent. The most pessimistic price target was 135, implying potential capital losses of -18.59 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.59 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 16 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.27 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 15.92 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

CMI has an estimated earnings growth rate of 7.7 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CMI is 2.47.

CMI has a 52-week high of 170.68 and a 52-week low of 116.03. The current market price is above the trailing year's low by 42.91 percent, and below the high by 2.85 percent. CMI has a price/earnings ratio of 19.03. Investors typically compare the P/E ratio to a company's peers in the industry. The CMI value stock report compares CMI to some of its peers using value stock charts. The stock has a market capitalization of $27.88 billion. CMI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.