NYSE:CMI

293.55
0.85 (0.29%) 1d
0
Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Cummins, a leading truck engine maker with a subsidiary in hydrogen fuel cells, is poised to benefit from the Inflation Reduction Act's EV tax credits. Despite the current sell-off in industrials due to higher interest rates, Cummins is viewed as a great industrial company with a solid 3% yield. However, the slowdown in the industrial sector may take some time to recover, impacting Cummins' performance in the short term.

Consensus
Positive
Valuation
Fair Value
BUY
Cummins
Will benefit from the Inflation Reduction Act's EV tax credits

A truck engine maker that has a subsidiary that makes hydrogen fuel cells. They're working on hydrogen-powered truck engines.

INDUSTRIAL PRODUCTS
COMMENT
Cummins

A great industrial company that yields almost 3%, but industrials are selling off now because of higher interest rates. Cummins will come back, but it will take time, because a slowdown is hurting the industrials more than any sector.

INDUSTRIAL PRODUCTS
BUY
Cummins

Formerly made dirty truck engines, but now make EV chargers. The new CEO revealed their new zero-emission mandate.

INDUSTRIAL PRODUCTS
BUY
Cummins
He's a big believer in hydrogen fuel cells, a source of energy the world needs. CMI is one hydrogen company with real earnings that has invested heavily in hydrogen. They are a leading maker of truck engines. Also, they made a series of acquisitions in the past 5 years to build an impressive portfolio of hydrogen technologies, like the first hydrogen-powered train, airplane and fueling station and this year they build a device to cleanly extract hydrogen from water.
INDUSTRIAL PRODUCTS
BUY
Cummins
They're developing a hydrogen-based engine. It has good sales in China. He's feel good about this company is there was a roll-out of hydrogen fuel stations by an energy company. He prefers play e-cars this way.
INDUSTRIAL PRODUCTS
DON'T BUY
Cummins

Industrials usually show strength from January to May, but CMI-N has shown weakness earlier than expected. This has him worried about this company and this sector as a whole. Technical support has been broken as well, so he would not buy this.

INDUSTRIAL PRODUCTS
WATCH
Cummins

He is looking for what the tax policies are coming out of the Trump administration. If he offers accelerated depreciation then this one would benefit.

INDUSTRIAL PRODUCTS
WAIT
Cummins

It is very cyclical and for some of them he thinks it is only mid way through the downturn. It is a good cash flow generator for sure.

INDUSTRIAL PRODUCTS
COMMENT
Cummins

One of the global leaders in diesel engine technology. Has been a fabulous company since early 2000. It has followed a lot of the global growth in truck manufacturing. Has been weak lately because emerging markets have been weaker, and the order books out of some of those areas have been slow. Trucking in general had some headwinds 2-3 years ago with the $100 oil. Long-term this is a great company. Looking for it to grow earnings probably in the 10% rate over the next 3-5 years. Valuation is quite low right now. On his watch list and he is waiting for the US$ to settle down a bit. Attractive at this price.

INDUSTRIAL PRODUCTS
BUY
Cummins

Very, very well-run company. Good track record of really good capital allocation. Trading at very reasonable multiples and very capital efficient. Good dividend which should grow over time. Have done a good job of expanding overseas. Considering the big drop off in heavy equipment manufacturing and purchasing, this has done an excellent job. Expanding well into China and India and picking up dealerships. You should have this in your portfolio.

INDUSTRIAL PRODUCTS
BUY
Cummins

Very good company, not expensive at 12-14 times earnings. Engine manufacture and designer. A lot of revenue comes from the US and they are trying to expand into China. They have good potential internationally for their products.

INDUSTRIAL PRODUCTS
BUY
Cummins

An excellent company. Great long-term growth potential. Manufacture engines, diesel engines for trucks and generators. Highly innovative. If the US and Canadian governments get their act together and encourage the adoption of compressed natural gas to run engines, this company would be a huge, huge winner. Has come off a little bit, which represents an excellent opportunity.

INDUSTRIAL PRODUCTS
BUY
Cummins

Feels the US government will be creating some kind of a program to encourage trucks from diesel to natural gas and Cummins will be a massive winner on this. Global footprint. Have reputation of boosting their dividend every year. Dividend of about 1.9%.

INDUSTRIAL PRODUCTS
WAIT
Cummins

(Market Call Minute) Be ready to buy soon, likes it a lot.

INDUSTRIAL PRODUCTS
BUY ON WEAKNESS
Cummins

Engine manufacturer. Very well run company. This is on his radar screen that he would like to own. There’s a big upgrade cycle that took place to get ahead of some regulatory changes with regards to the emission standards and this gave the company a bit of a boost last year. This is now weakening a little bit. Good international sales. He would like to see it around $80. Wouldn’t be surprised if it went lower than this.

INDUSTRIAL PRODUCTS
Showing 1 to 15 of 16 entries

Cummins(CMI-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Cummins is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cummins(CMI-N) Frequently Asked Questions

What is Cummins stock symbol?

Cummins is a American stock, trading under the symbol CMI-N on the New York Stock Exchange (CMI). It is usually referred to as NYSE:CMI or CMI-N

Is Cummins a buy or a sell?

In the last year, 1 stock analyst published opinions about CMI-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cummins.

Is Cummins a good investment or a top pick?

Cummins was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cummins.

Why is Cummins stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cummins worth watching?

1 stock analyst on Stockchase covered Cummins In the last year. It is a trending stock that is worth watching.

What is Cummins stock price?

On 2024-04-24, Cummins (CMI-N) stock closed at a price of $293.545.