# Cummins Inc.  Share Price Target ‘$293.87’, now .1% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.share-price-target-293.87-now.1-upside-potential/4121154252
- Published: 2024-05-01T14:14:48+01:00
- Author: Charlotte Edwards

**Cummins Inc.** which can be found using ticker (CMI) now have 16 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The target price
High/Low ranges between $360.00 and $243.00 suggesting an average analyst share 
price target price of $293.87. (at the time of writing). Now with the previous closing
price of $293.65 and the analysts are correct then we can expect a percentage increase
in value of .1%. The 50 day moving average now sits at $283.64 and the 200 moving
average now moves to $247.42. The company has a market capitalization of 38.63B.
The stock price for the company is currently is currently $282.49 USD

 The potential market cap would be $38,661,993,654 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 54.96, revenue per share of $240.40
and a 6.92% 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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