Cummins Net Worth
Cummins Net Worth Breakdown | CMI |
Cummins Net Worth Analysis
Cummins' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cummins' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cummins' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cummins' net worth analysis. One common approach is to calculate Cummins' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cummins' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cummins' net worth. This approach calculates the present value of Cummins' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cummins' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cummins' net worth. This involves comparing Cummins' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cummins' net worth relative to its peers.
Enterprise Value |
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To determine if Cummins is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cummins' net worth research are outlined below:
| Cummins is unlikely to experience financial distress in the next 2 years | |
| Cummins has a strong financial position based on the latest SEC filings | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| On 7th of March 2024 Cummins paid $ 1.68 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Wolters Kluwer hosts premier industry event for ESG, EHS and Operations professionals |
Cummins Quarterly Good Will |
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Cummins uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cummins. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cummins' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Cummins Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cummins target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cummins' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 25 | Buy |
Most Cummins analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cummins stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cummins, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCummins Target Price Projection
Cummins' current and average target prices are 278.54 and 257.88, respectively. The current price of Cummins is the price at which Cummins is currently trading. On the other hand, Cummins' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Cummins Target Price
Know Cummins' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cummins is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cummins backward and forwards among themselves. Cummins' institutional investor refers to the entity that pools money to purchase Cummins' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ameriprise Financial Inc | 2023-12-31 | 1.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Legal & General Group Plc | 2023-12-31 | 1.6 M | Stifel Financial Corp | 2023-12-31 | 1.6 M | Ontario Teachers Pension Plan Board | 2023-12-31 | 1.4 M | Lsv Asset Management | 2023-12-31 | 1.4 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1.4 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 1.3 M | Norges Bank | 2023-12-31 | 1.2 M | Vanguard Group Inc | 2023-12-31 | 17.8 M | Blackrock Inc | 2023-12-31 | 11.5 M |
Follow Cummins' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 38.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cummins's market, we take the total number of its shares issued and multiply it by Cummins's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Cummins' profitablity
Cummins' profitability indicators refer to fundamental financial ratios that showcase Cummins' ability to generate income relative to its revenue or operating costs. If, let's say, Cummins is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cummins' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cummins' profitability requires more research than a typical breakdown of Cummins' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.1 | |
| Return On Assets | 0.02 | 0.04 | |
| Return On Equity | 0.08 | 0.1 |
When accessing Cummins' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cummins' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cummins' profitability and make more informed investment decisions.
The data published in Cummins' official financial statements usually reflect Cummins' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cummins. For example, before you start analyzing numbers published by Cummins accountants, it's critical to develop an understanding of what Cummins' liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Cummins' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cummins' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cummins' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cummins. Please utilize our Beneish M Score to check the likelihood of Cummins' management manipulating its earnings.
Evaluate Cummins' management efficiency
Cummins has Return on Asset of 0.0692 % which means that on every $100 spent on assets, it made $0.0692 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0835 %, implying that it generated $0.0835 on every 100 dollars invested. Cummins' management efficiency ratios could be used to measure how well Cummins manages its routine affairs as well as how well it operates its assets and liabilities. The Cummins' current Return On Tangible Assets is estimated to increase to 0.04. The Cummins' current Return On Capital Employed is estimated to increase to 0.1. As of now, Cummins' Other Current Assets are increasing as compared to previous years. The Cummins' current Total Current Assets is estimated to increase to about 16 B, while Debt To Assets are projected to decrease to 0.18.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 62.46 | 65.58 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 34.48 | 36.21 | |
| Enterprise Value Over EBITDA | 12.89 | 13.54 | |
| Price Book Value Ratio | 3.84 | 4.03 | |
| Enterprise Value Multiple | 12.89 | 13.54 | |
| Price Fair Value | 3.84 | 4.03 | |
| Enterprise Value | 29.8 B | 31.3 B |
The analysis of Cummins' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Cummins' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Cummins Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 1.33 | Revenue 34.1 B | Quarterly Revenue Growth 0.099 | Revenue Per Share 240.402 | Return On Equity 0.0835 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cummins insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cummins' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cummins insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Lisa Yoder over a year ago Acquisition by Lisa Yoder of 1407 shares of Cummins subject to Rule 16b-3 |
Cummins Corporate Filings
| 23rd of April 2024 Other Reports | ViewVerify | |
| 1st of April 2024 Other Reports | ViewVerify | |
13A | 22nd of March 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 20th of March 2024 An amended filing to the original Schedule 13G | ViewVerify |
Cummins Earnings Estimation Breakdown
The calculation of Cummins' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Cummins is estimated to be 5.13 with the future projection ranging from a low of 4.28 to a high of 6.0. Please be aware that this consensus of annual earnings estimates for Cummins is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
4.28 Lowest | Expected EPS | 6.00 Highest |
Cummins Earnings Projection Consensus
Suppose the current estimates of Cummins' value are higher than the current market price of the Cummins stock. In this case, investors may conclude that Cummins is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Cummins' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 24 | 83.58% | 3.97 | 5.13 | 5.14 |
Cummins Earnings History
Earnings estimate consensus by Cummins analysts from Wall Street is used by the market to judge Cummins' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Cummins' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Cummins Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cummins' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cummins Earnings per Share Projection vs Actual
Actual Earning per Share of Cummins refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Cummins predict the company's earnings will be in the future. The higher the earnings per share of Cummins, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Cummins Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Cummins, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Cummins should always be considered in relation to other companies to make a more educated investment decision.Cummins Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Cummins' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-03-05 | 2023-12-31 | 4.48 | 3.97 | -0.51 | 11 | ||
2023-11-02 | 2023-09-30 | 4.68 | 4.59 | -0.09 | 1 | ||
2023-08-03 | 2023-06-30 | 5.29 | 5.05 | -0.24 | 4 | ||
2023-05-02 | 2023-03-31 | 4.75 | 5.55 | 0.8 | 16 | ||
2023-02-06 | 2022-12-31 | 4.5 | 4.43 | -0.07 | 1 | ||
2022-11-03 | 2022-09-30 | 4.85 | 2.82 | -2.03 | 41 | ||
2022-08-02 | 2022-06-30 | 4.35 | 4.94 | 0.59 | 13 | ||
2022-05-03 | 2022-03-31 | 3.56 | 4.04 | 0.48 | 13 | ||
2022-02-03 | 2021-12-31 | 3.15 | 2.73 | -0.42 | 13 | ||
2021-11-02 | 2021-09-30 | 3.91 | 3.69 | -0.22 | 5 | ||
2021-08-03 | 2021-06-30 | 4.05 | 4.1 | 0.05 | 1 | ||
2021-05-04 | 2021-03-31 | 3.47 | 4.04 | 0.57 | 16 | ||
2021-02-04 | 2020-12-31 | 2.8 | 3.36 | 0.56 | 20 | ||
2020-10-27 | 2020-09-30 | 2.43 | 3.57 | 1.14 | 46 | ||
2020-07-28 | 2020-06-30 | 0.93 | 1.95 | 1.02 | 109 | ||
2020-04-28 | 2020-03-31 | 2.17 | 3.18 | 1.01 | 46 | ||
2020-02-04 | 2019-12-31 | 2.42 | 2.56 | 0.14 | 5 | ||
2019-10-29 | 2019-09-30 | 3.83 | 3.88 | 0.05 | 1 | ||
2019-07-30 | 2019-06-30 | 4.4 | 4.27 | -0.13 | 2 | ||
2019-04-30 | 2019-03-31 | 3.57 | 3.97 | 0.4 | 11 | ||
2019-02-06 | 2018-12-31 | 3.81 | 3.48 | -0.33 | 8 | ||
2018-10-30 | 2018-09-30 | 3.76 | 4.05 | 0.29 | 7 | ||
2018-07-31 | 2018-06-30 | 3.63 | 3.29 | -0.34 | 9 | ||
2018-05-01 | 2018-03-31 | 2.93 | 3.3 | 0.37 | 12 | ||
2018-02-06 | 2017-12-31 | 2.67 | 3.03 | 0.36 | 13 | ||
2017-10-31 | 2017-09-30 | 2.46 | 2.71 | 0.25 | 10 | ||
2017-08-01 | 2017-06-30 | 2.58 | 2.53 | -0.05 | 1 | ||
2017-05-02 | 2017-03-31 | 1.81 | 2.36 | 0.55 | 30 | ||
2017-02-09 | 2016-12-31 | 1.99 | 2.25 | 0.26 | 13 | ||
2016-11-01 | 2016-09-30 | 1.96 | 2.02 | 0.06 | 3 | ||
2016-08-02 | 2016-06-30 | 2.16 | 2.4 | 0.24 | 11 | ||
2016-05-03 | 2016-03-31 | 1.78 | 1.87 | 0.09 | 5 | ||
2016-02-04 | 2015-12-31 | 2.11 | 2.02 | -0.09 | 4 | ||
2015-10-27 | 2015-09-30 | 2.6 | 2.14 | -0.46 | 17 | ||
2015-07-28 | 2015-06-30 | 2.55 | 2.62 | 0.07 | 2 | ||
2015-04-28 | 2015-03-31 | 2.14 | 2.14 | 0.0 | 0 | ||
2015-02-05 | 2014-12-31 | 2.51 | 2.56 | 0.05 | 1 | ||
2014-10-28 | 2014-09-30 | 2.28 | 2.32 | 0.04 | 1 | ||
2014-07-28 | 2014-06-30 | 2.38 | 2.43 | 0.05 | 2 | ||
2014-04-29 | 2014-03-31 | 1.67 | 1.87 | 0.2 | 11 | ||
2014-02-06 | 2013-12-31 | 1.98 | 1.94 | -0.04 | 2 | ||
2013-10-29 | 2013-09-30 | 2.11 | 1.94 | -0.17 | 8 | ||
2013-07-30 | 2013-06-30 | 1.99 | 2.2 | 0.21 | 10 | ||
2013-04-30 | 2013-03-31 | 1.86 | 1.44 | -0.42 | 22 | ||
2013-02-06 | 2012-12-31 | 1.75 | 2.0 | 0.25 | 14 | ||
2012-10-31 | 2012-09-30 | 1.83 | 1.78 | -0.05 | 2 | ||
2012-07-31 | 2012-06-30 | 2.28 | 2.45 | 0.17 | 7 | ||
2012-05-01 | 2012-03-31 | 2.22 | 2.38 | 0.16 | 7 | ||
2012-02-02 | 2011-12-31 | 2.23 | 2.56 | 0.33 | 14 | ||
2011-10-25 | 2011-09-30 | 2.25 | 2.35 | 0.1 | 4 | ||
2011-07-26 | 2011-06-30 | 2.01 | 2.41 | 0.4 | 19 | ||
2011-04-26 | 2011-03-31 | 1.44 | 1.75 | 0.31 | 21 | ||
2011-02-01 | 2010-12-31 | 1.72 | 1.84 | 0.12 | 6 | ||
2010-10-26 | 2010-09-30 | 1.41 | 1.33 | -0.08 | 5 | ||
2010-07-27 | 2010-06-30 | 0.91 | 1.25 | 0.34 | 37 | ||
2010-04-27 | 2010-03-31 | 0.35 | 0.75 | 0.4 | 114 | ||
2010-02-02 | 2009-12-31 | 0.76 | 1.37 | 0.61 | 80 | ||
2009-10-30 | 2009-09-30 | 0.37 | 0.56 | 0.19 | 51 | ||
2009-07-30 | 2009-06-30 | 0.26 | 0.3 | 0.04 | 15 | ||
2009-04-30 | 2009-03-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2009-02-03 | 2008-12-31 | 0.42 | 0.45 | 0.03 | 7 | ||
2008-10-31 | 2008-09-30 | 1.19 | 1.17 | -0.02 | 1 | ||
2008-07-30 | 2008-06-30 | 1.23 | 1.49 | 0.26 | 21 | ||
2008-04-30 | 2008-03-31 | 0.89 | 0.97 | 0.08 | 8 | ||
2008-02-01 | 2007-12-31 | 1.05 | 1.0 | -0.05 | 4 | ||
2007-10-25 | 2007-09-30 | 0.97 | 0.92 | -0.05 | 5 | ||
2007-07-26 | 2007-06-30 | 0.79 | 1.07 | 0.28 | 35 | ||
2007-04-27 | 2007-03-31 | 0.43 | 0.71 | 0.28 | 65 | ||
2007-01-29 | 2006-12-31 | 0.94 | 0.94 | 0.0 | 0 | ||
2006-10-31 | 2006-09-30 | 0.92 | 0.84 | -0.08 | 8 | ||
2006-07-27 | 2006-06-30 | 0.87 | 0.96 | 0.09 | 10 | ||
2006-04-28 | 2006-03-31 | 0.66 | 0.68 | 0.02 | 3 | ||
2006-01-30 | 2005-12-31 | 0.78 | 0.76 | -0.02 | 2 | ||
2005-10-27 | 2005-09-30 | 0.65 | 0.73 | 0.08 | 12 | ||
2005-07-22 | 2005-06-30 | 0.6 | 0.71 | 0.11 | 18 | ||
2005-04-21 | 2005-03-31 | 0.39 | 0.49 | 0.1 | 25 | ||
2005-02-02 | 2004-12-31 | 0.52 | 0.6 | 0.08 | 15 | ||
2004-10-20 | 2004-09-30 | 0.38 | 0.45 | 0.07 | 18 | ||
2004-07-23 | 2004-06-30 | 0.33 | 0.44 | 0.11 | 33 | ||
2004-04-22 | 2004-03-31 | 0.18 | 0.19 | 0.01 | 5 | ||
2004-01-27 | 2003-12-31 | 0.24 | 0.27 | 0.03 | 12 | ||
2003-10-28 | 2003-09-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2003-07-25 | 2003-06-30 | 0.03 | 0.09 | 0.06 | 200 | ||
2003-04-17 | 2003-03-31 | -0.2 | -0.21 | -0.01 | 5 | ||
2003-01-29 | 2002-12-31 | -0.03 | -0.08 | -0.05 | 166 | ||
2002-10-17 | 2002-09-30 | 0.23 | 0.25 | 0.02 | 8 | ||
2002-07-19 | 2002-06-30 | 0.05 | 0.08 | 0.03 | 60 | ||
2002-04-25 | 2002-03-31 | -0.2 | -0.19 | 0.01 | 5 | ||
2002-01-23 | 2001-12-31 | 0.02 | 0.02 | 0.0 | 0 | ||
2001-10-11 | 2001-09-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2001-07-12 | 2001-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2001-04-12 | 2001-03-31 | -0.17 | -0.17 | 0.0 | 0 | ||
2001-01-26 | 2000-12-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2000-10-12 | 2000-09-30 | 0.29 | 0.17 | -0.12 | 41 | ||
2000-07-13 | 2000-06-30 | 0.4 | 0.41 | 0.01 | 2 | ||
2000-04-26 | 2000-03-31 | 0.27 | 0.27 | 0.0 | 0 | ||
2000-01-28 | 1999-12-31 | 0.39 | 0.46 | 0.07 | 17 | ||
1999-10-14 | 1999-09-30 | 0.28 | 0.34 | 0.06 | 21 | ||
1999-07-15 | 1999-06-30 | 0.3 | 0.38 | 0.08 | 26 | ||
1999-04-15 | 1999-03-31 | 0.16 | 0.16 | 0.0 | 0 | ||
1999-01-28 | 1998-12-31 | 0.18 | 0.19 | 0.01 | 5 | ||
1998-10-15 | 1998-09-30 | 0.13 | 0.13 | 0.0 | 0 | ||
1998-07-16 | 1998-06-30 | 0.34 | 0.35 | 0.01 | 2 | ||
1998-04-16 | 1998-03-31 | 0.21 | 0.24 | 0.03 | 14 | ||
1998-01-29 | 1997-12-31 | 0.41 | 0.42 | 0.01 | 2 | ||
1997-10-15 | 1997-09-30 | 0.36 | 0.35 | -0.01 | 2 | ||
1997-07-16 | 1997-06-30 | 0.31 | 0.35 | 0.04 | 12 | ||
1997-04-16 | 1997-03-31 | 0.24 | 0.27 | 0.03 | 12 | ||
1997-01-29 | 1996-12-31 | 0.21 | 0.26 | 0.05 | 23 | ||
1996-10-15 | 1996-09-30 | 0.15 | 0.17 | 0.02 | 13 | ||
1996-07-16 | 1996-06-30 | 0.27 | 0.24 | -0.03 | 11 | ||
1996-04-16 | 1996-03-31 | 0.27 | 0.3 | 0.03 | 11 |
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Cummins Corporate Directors
Cummins corporate directors refer to members of a Cummins board of directors. The board of directors generally takes responsibility for the Cummins' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cummins' board members must vote for the resolution. The Cummins board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Bernhard | Independent Director | Profile | |
| Alexis Herman | Lead Independent Director | Profile | |
| Mark Smith | Executive Director - Investor Relations | Profile | |
| William Miller | Independent Director | Profile |
How to buy Cummins Stock?
The net worth of Cummins is the difference between its total assets and liabilities. Cummins' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Cummins' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Cummins' net worth can be used as a measure of its financial health and stability which can help investors to decide if Cummins is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Cummins stock.Already Invested in Cummins?
The danger of trading Cummins is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cummins is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cummins. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cummins is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Cummins Stock analysis
When running Cummins' price analysis, check to measure Cummins' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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Is Cummins' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.628 | Dividend Share 6.5 | Earnings Share 5.14 | Revenue Per Share 240.402 | Quarterly Revenue Growth 0.099 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.