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.

Several price targets were given for CMI by the analysts covering the stock. The most optimistic price target was 200, implying a possible profit of 20.61 percent. The minimum price target given was 135, implying a possible loss of -18.59 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.59 percent on average, compared to last month. 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. If we look at the last 90 days instead, we find a net average change of 15.92 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' 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, compared to 2 analysts that revised their FY estimates downwards.

CMI has an estimated earnings growth rate of 7.7 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. CMI has a PEG ratio of 2.47.

In the last 52-weeks, CMI has achieved a high of 170.68 and a 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 P/E 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 market cap of CMI is $27.88 billion. CMI will post this quarters earnings in days, on 0000-00-00.