Multiple firms have adjusted their price targets for Cummins (CMI), with varying outlooks. Zacks Research issued a negative prediction for earnings while Evercore ISI and Wall Street issued estimates that show a decrease in earnings for Q1. The company itself has withdrawn its 2025 financial forecast due to tariff issues. Many transactions have occurred for Cummins shares, with visible buying, selling, and adjusting of stakes by various organizations. It has announced a quarterly common stock dividend with a yield of 2.20%. There is speculation on the stock's growth values, with suggestions it could be a strong growth stock, despite a drop in price since the last earnings report. Meanwhile, the appointment of a new Vice President has been confirmed, and it recently completed a $2 billion senior note offering, hinting at strategic growth. The first quarter of 2025 results were released, with a reported decline in sales and net income, but shares continue to be in demand as evident from new stake acquisitions. The market sentiment is optimistic about their financial prospects. Notably, Cummins launched its B7.2 diesel engine and a next-generation 6.7L turbo diesel pickup engine.
Cummins CMI News Analytics from Fri, 27 Dec 2024 08:00:00 GMT to Sat, 24 May 2025 12:28:19 GMT - Rating 0 - Innovation 7 - Information 6 - Rumor 2
