# Cummins Inc.  Share Price Target ‘$257.93’, now 5.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.share-price-target-257.93-now-5.4-upside-potential/4121141207
- Published: 2024-02-06T14:16:33+00:00
- Author: Charlotte Edwards

**Cummins Inc.** which can be found using ticker (CMI) now have 15 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The range between
the high target price and low target price is between $303.90 and $225.00 with the
average share target price sitting at $257.93. (at the time of writing). Given that
the stocks previous close was at $244.65 this would indicate that there is a potential
upside of 5.4%. The day 50 moving average is $236.12 and the 200 moving average 
now moves to $232.59. The market cap for the company is 34.18B. The stock price 
is currently at: $241.11 USD

 The potential market cap would be $36,031,271,383 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 12.28, revenue per share of $235.03
and a 7.3% return on assets.

Cummins Inc. offers complementary business segments that design, manufacture, distribute
and service a portfolio of power solutions. The Company’s segments include Components,
Engine, Distribution, Power Systems, and Accelera. The Components segment sells 
filtration products, aftertreatment systems, turbochargers, electronics, fuel systems,
automated transmissions, axles, and suspension systems. The Engine segment produces
engines and associated parts for sale to customers in on-highway and various off-
highway markets. The Distribution segment includes distributorships engaged in wholesaling
engines, generator sets and service parts. The Power Systems segment is an integrated
power provider, which designs, manufactures, and sells engines for industrial applications,
standby and prime power generator sets, alternators, and other power components.
The Accelera segment designs, manufactures, sells and supports hydrogen production
solutions as well as electrified power systems.

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