Cummins Inc. (CMI) will report its next earnings on Feb 06 BMO. The company reported the earnings of $3.03/Share in the last quarter where the estimated EPS by analysts was $2.67/share. The difference between the expected and actual EPS was $0.36/share, which represents an Earnings surprise of 13.5%.
Many analysts are providing their Estimated Earnings analysis for Cummins Inc. and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $2.88/share. These analysts have also projected a Low Estimate of $2.72/share and a High Estimate of $3.11/share.
In case of Revenue Estimates, 20 analysts have provided their consensus Average Revenue Estimates for Cummins Inc. as 5.13 Billion. According to these analysts, the Low Revenue Estimate for Cummins Inc. is 4.96 Billion and the High Revenue Estimate is 5.43 Billion. The company had Year Ago Sales of 4.59 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for CMI to be 22%. They are projecting Next Quarter growth of 29.2%. For the next 5 years, Cummins Inc. is expecting Growth of 10.7% per annum, whereas in the past 5 years the growth was 6.68% per annum.
Some buy side analysts are also providing their Analysis on Cummins Inc., where 4 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 5 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Cummins Inc. might touch $215 high while the Average Price Target and Low price Target is $185.95 and $146 respectively.
The Relative Volume of the company is 1.6 and Average Volume (3 months) is 1.48 million. The company’s P/E (price to earnings) ratio is 26.81 and Forward P/E ratio of 11.87.
The company shows its Return on Assets (ROA) value of 5.9%. The Return on Equity (ROE) value stands at 13.5%. While it’s Return on Investment (ROI) value is 19.2%.
While looking at the Stock’s Performance, Cummins Inc. currently shows a Weekly Performance of -5.3%, where Monthly Performance is -11.04%, Quarterly performance is -3.46%, 6 Months performance is 0.11% and yearly performance percentage is 4.7%. Year to Date performance value (YTD perf) value is -9.84%. The Stock currently has a Weekly Volatility of 3.09% and Monthly Volatility of 2.85%.