# Cummins Inc.  Share Price Target ‘$318.59’, now 12.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.share-price-target-318.59-now-12.7-upside-potential/4121167455
- Published: 2024-08-07T13:17:23+01:00
- Author: Charlotte Edwards

**Cummins Inc.** which can be found using ticker (CMI) have now 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The range between
the high target price and low target price is between $365.00 and $281.98 suggesting
an average analyst share price target price of $318.59. (at the time of writing).
Given that the stocks previous close was at $282.65 this would indicate that there
is a potential upside of 12.7%. It’s also worth noting that there is a 50 day moving
average of $280.68 while the 200 day moving average is $262.48. The market cap for
the company is 40.06B. The current share price for the company is: $292.31 USD

 The potential market cap would be $45,154,344,020 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 20.92, revenue per share of $243.22
and a 6.76% 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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