Cummins Inc. (CMI)
Cummins Statistics
Share Statistics
Cummins has 137.74M shares outstanding. The number of shares has increased by 0.51% in one year.
| Shares Outstanding | 137.74M |
| Shares Change (YoY) | 0.51% |
| Shares Change (QoQ) | 0.22% |
| Owned by Institutions (%) | 84.37% |
| Shares Floating | 135.41M |
| Failed to Deliver (FTD) Shares | 21 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.2M, so 1.6% of the outstanding shares have been sold short.
| Short Interest | 2.2M |
| Short % of Shares Out | 1.6% |
| Short % of Float | 1.84% |
| Short Ratio (days to cover) | 2.56 |
Valuation Ratios
The PE ratio is 12.29 and the forward PE ratio is 10.76. Cummins's PEG ratio is 0.03.
| PE Ratio | 12.29 |
| Forward PE | 10.76 |
| PS Ratio | 1.42 |
| Forward PS | 1 |
| PB Ratio | 4.72 |
| P/FCF Ratio | 173.79 |
| PEG Ratio | 0.03 |
Enterprise Valuation
Cummins has an Enterprise Value (EV) of 54.41B.
| EV / Sales | 1.6 |
| EV / EBITDA | 8.59 |
| EV / EBIT | 36.59 |
| EV / FCF | 195.03 |
Financial Position
The company has a current ratio of 1.31, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.31 |
| Quick Ratio | 0.8 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 1.2 |
| Debt / FCF | 27.23 |
| Interest Coverage | 10.14 |
Financial Efficiency
Return on Equity is 38.42% and Return on Invested Capital is 13.7%.
| Return on Equity | 38.42% |
| Return on Assets | 12.51% |
| Return on Invested Capital | 13.7% |
| Revenue Per Employee | $489.97K |
| Profits Per Employee | $56.7K |
| Employee Count | 69,600 |
| Asset Turnover | 1.08 |
| Inventory Turnover | 4.47 |
Taxes
| Income Tax | 835M |
| Effective Tax Rate | 17.03% |
Stock Price Statistics
The stock price has increased by -2% in the last 52 weeks. The beta is 1.07, so Cummins's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | -2% |
| 50-Day Moving Average | 332.33 |
| 200-Day Moving Average | 330.3 |
| Relative Strength Index (RSI) | 37.23 |
| Average Volume (20 Days) | 973.36K |
Income Statement
In the last 12 months, Cummins had revenue of 34.1B and earned 3.95B in profits. Earnings per share was 28.37.
| Revenue | 34.1B |
| Gross Profit | 8.44B |
| Operating Income | 3.75B |
| Net Income | 3.95B |
| EBITDA | 6.34B |
| EBIT | 5.27B |
| Earnings Per Share (EPS) | 28.37 |
Balance Sheet
The company has 1.67B in cash and 7.6B in debt, giving a net cash position of -5.93B.
| Cash & Cash Equivalents | 1.67B |
| Total Debt | 7.6B |
| Net Cash | -5.93B |
| Retained Earnings | 20.83B |
| Total Assets | 31.54B |
| Working Capital | 3.52B |
Cash Flow
In the last 12 months, operating cash flow was 1.49B and capital expenditures -1.21B, giving a free cash flow of 279M.
| Operating Cash Flow | 1.49B |
| Capital Expenditures | -1.21B |
| Free Cash Flow | 279M |
| FCF Per Share | 2.01 |
Margins
Gross margin is 24.75%, with operating and profit margins of 11% and 11.57%.
| Gross Margin | 24.75% |
| Operating Margin | 11% |
| Pretax Margin | 14.38% |
| Profit Margin | 11.57% |
| EBITDA Margin | 18.59% |
| EBIT Margin | 11% |
| FCF Margin | 0.82% |
Dividends & Yields
CMI pays an annual dividend of $8.82, which amounts to a dividend yield of 1.95%.
| Dividend Per Share | $8.82 |
| Dividend Yield | 1.95% |
| Dividend Growth (YoY) | 8.33% |
| Payout Ratio | 31.08% |
| Earnings Yield | 8.14% |
| FCF Yield | 0.58% |
Analyst Forecast
The average price target for CMI is $339, which is 20.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $339 |
| Price Target Difference | 20.3% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
Stock Splits
The last stock split was on Jan 3, 2008. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 3, 2008 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 3.86 |
| Piotroski F-Score | 8 |