# Cummins Inc.  Share Price Target ‘$321.09’, now 10.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.share-price-target-321.09-now-10.1-upside-potential/4121168698
- Published: 2024-08-15T13:28:13+01:00
- Author: Charlotte Edwards

**Cummins Inc.** with ticker code (CMI) have now 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 $365.00 and $275.32 suggesting an average 
analyst share price target price of $321.09. (at the time of writing). Given that
the stocks previous close was at $291.74 this is indicating there is a potential
upside of 10.1%. Also worth taking note is the 50 day moving average now sits at
$282.36 and the 200 moving average now moves to $264.70. The total market capitalization
for the company now stands at 40.02B. The current share price for the company is:
$291.99 USD

 The potential market cap would be $44,042,451,876 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.

Share on: