CMI Stock Quote and Company Overview for Investors

CMI stock quote is a valuable tool for investors looking to stay informed about the company's performance.

CMC Materials, the company behind CMI stock quote, is a leading global supplier of materials and technologies used in the production of semiconductors and other electronic devices.

CMI stock quote is listed on the New York Stock Exchange (NYSE) under the ticker symbol CMI.

Investors can access real-time CMI stock quotes and charts to make informed investment decisions.

Cummins's financial performance has been impressive, with a revenue of $34.07 billion in 2023, a 21.34% increase from the previous year. This significant growth is a testament to the company's strong market position and ability to adapt to changing market conditions.

In terms of earnings, Cummins reported $735.00 million in 2023, a decrease of -65.83% compared to the previous year. This decline in earnings is a notable trend that investors and analysts will be keeping a close eye on.

Despite the challenges in international markets, Cummins posted record Q2 2024 revenue, surpassing forecasts. This achievement demonstrates the company's resilience and ability to navigate complex market dynamics.

Here's a snapshot of Cummins's performance over the past year:

In terms of revenue forecasting, analysts predict that Cummins's revenue will continue to grow in the coming years, with projected highs of $36.0 billion in 2024 and $41.6 billion in 2026.

Analysts are overwhelmingly bullish on Cummins stock, with an average rating of "Buy" from 14 analysts.

The 12-month stock price forecast is $357.77, which represents an increase of 2.14% from the latest price.

Analysts are predicting a strong performance from Cummins stock, with the average target predicting an increase of 2.14% from the current stock price of $350.27.

The average target price of $357.77 is based on 13 analyst forecasts, with a low estimate of $225 and a high estimate of $435.

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Here's a breakdown of the analyst ratings:

Analysts have been upgrading their ratings for Cummins stock, with 7 analysts currently rating the stock as "Buy", up from 6 three months ago.

The pandemic has disrupted Cummins' manufacturing processes and supply chain, but the company has still managed to exceed profit expectations in its latest release.

EPS growth is expected to be strong, with an average growth rate of 309.4% in 2024, followed by 7.4% in 2025 and 19.8% in 2026.

Here's a summary of the EPS growth forecast:

Cummins Inc. has beaten third-quarter profit estimates due to strong demand for its power generation products from data centers, causing its shares to rise over 4% in pre-market trading.

The company's power products are in high demand from data centers, a trend that's likely to continue as data storage and processing needs grow.

Cummins Inc. has declared a quarterly common stock cash dividend of 1.82 dollars per share, payable on December 17th to shareholders of record as of December 3rd.

Data centers are a key driver of Cummins' growth, and the company is well-positioned to capitalize on this trend with its robust power generation products.

The current market price of CMI stock is $350.26 as of January 28, 2025, at 4:30 PM ET. This is a slight decrease from the previous day's close.

The stock has a market capitalization of $47.85 billion, with 137.18 million shares outstanding and a public float of 134.90 million shares. The average volume of CMI stock traded is 702.59K shares.

The price-to-earnings (P/E) ratio of CMI stock is 23.16, with an earnings per share (EPS) of $15.21. The stock also has a dividend yield of 2.07% and pays out a dividend of $1.82 per share.

Here's a summary of the key stock data:

The stock has a high average recommendation from analysts, with an average target price of $390.24.

CMI's current ratio is a respectable 1.178, indicating the company has sufficient liquidity to meet its short-term obligations. This is a positive sign for investors.

The company's cash ratio of 0.212 suggests that a significant portion of its assets are tied up in non-cash items, but it still has a manageable amount of cash on hand.

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CMI's profitability metrics are impressive, with a net margin of 2.159 and return on equity of 8.247. This indicates the company is generating healthy profits and using its equity efficiently.

Here are some key financial metrics for CMI:

Our company, founded in 2010, has been a leading provider of innovative solutions for over a decade.

We have a strong presence in the industry, with a network of over 500 partners worldwide. Our team of experts has a deep understanding of the market, allowing us to stay ahead of the curve and adapt to changing trends.

Our headquarters are located in New York City, with additional offices in London and Tokyo. This global reach enables us to serve clients from diverse backgrounds and industries.

With a focus on customer satisfaction, we offer a comprehensive range of services, including product development, marketing, and support. Our commitment to excellence has earned us a reputation as a trusted partner in the industry.

When analyzing a company's financial health, it's essential to look at their liquidity. CMI's current ratio is 1.178, indicating they have enough current assets to cover their current liabilities. This is a good sign.

Their quick ratio of 0.738 suggests they have a decent ability to pay off their current liabilities quickly. However, their cash ratio of 0.212 is relatively low, indicating they may not have a lot of cash on hand.

To get a better understanding of a company's liquidity, it's helpful to look at their cash flow statement. This will give you a clear picture of how they're managing their cash.

Here's a summary of CMI's liquidity ratios:

In terms of profitability, CMI has a gross margin of 23.787, indicating they're making a good profit on their sales. However, their operating margin of 9.592 suggests they're not as efficient as they could be.

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Their net margin of 2.159 is relatively low, indicating they're not making as much profit as they could be. But, their return on assets of 2.359 and return on equity of 8.247 suggest they're still generating a decent return on their investments.

Here's a summary of CMI's profitability ratios:

Let's take a closer look at CMI's capital structure. The company's debt levels are significant, with a total debt to total equity ratio of 81.446. This suggests that for every dollar of equity, CMI has approximately 81.5 dollars of debt.

The total debt to total assets ratio is 22.521, indicating that about 1 in 5 dollars of CMI's assets are tied up in debt. This can be a concern for investors, as high levels of debt can make it difficult for a company to meet its financial obligations.

Here's a breakdown of CMI's debt ratios:

CMI's long-term debt to equity ratio of 58.486 is particularly noteworthy, as it suggests that the company's long-term debt is nearly 60% of its equity. This can be a sign of a company that is taking on a significant amount of long-term debt to finance its operations.