Searching For Real Value In Market Debris At Cummins Inc (NYSE: CMI)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, CMI falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. The current market capitalization of Cummins Inc is $48.68B. A total of 0.68 million shares were traded on the day, compared to an average of 614.77K shares.

In the most recent transaction, Barner Sharon R sold 2,163 shares of CMI for 369.12 per share on Nov 21 ’24. After the transaction, the VP – Chief Administrative Off. now owns 20,803 company shares. In a previous transaction on Nov 21 ’24, SHARON BARNER bought 2,163 shares at 369.12 per share.

Among the insiders who sold shares, Barner Sharon R disposed of 2,163 shares on Nov 13 ’24 at a per-share price of $362.49. This resulted in the VP – Chief Administrative Off. holding 20,803 shares of CMI after the transaction. In another insider transaction, JACKSON DONALD G sold 4,985 shares at $356.21 per share on Nov 12 ’24. Company shares held by the VP – Treasury & Tax now total 4,116.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cummins Inc pays an annual dividend of $7.00, resulting in a dividend yield of 1.97%, and it has a price to earnings (P/E) ratio of 23.56. CMI’s most recent ex-dividend date was 2.19% when it declared a $1.82 quarterly dividend that was paid in cash on 11/22/2024. Previously, the company paid the dividend on 8/23/2024 with an ex-dividend date of 2.71%. The CMI stock dividend was $1.82 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CMI has a high of $387.90 and a low of $226.52.

As of this writing, CMI has an earnings estimate of $4.76 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of $5.34 per share and a lower estimate of $3.89.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CMI’s latest balance sheet shows that the firm has $3.19B in Cash & Short Term Investments as of fiscal 2021. There were $4.61B in debt and $7.08B in liabilities at the time. Its Book Value Per Share was $75.24, while its Total Shareholder’s Equity was $9.40B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CMI is Buy with a score of 3.56.

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