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.

CMI was given price targets by several analysts. The maximum price target given was 200, implying a possible profit of 20.61 percent. The most pessimistic analyst gave a price target of 135, implying potential capital losses of -18.59 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.59 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 16 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.27 percent, compared to last month. 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. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of CMI's earnings is estimated by analysts to be 7.7 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, 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 trailing 52-weeks, CMI hit 170.68 at the highest peak, while it's lowest trading point was 116.03. Currently the stock is 42.91 percent higher than its low, 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 market cap of CMI is $27.88 billion. CMI will post this quarters earnings in days, on 0000-00-00.