Published: Sun, January 14, 2018
Business | By Tara Barton

Cummins (NYSE:CMI) Earning Somewhat Favorable Media Coverage, Report Finds

The stock increased 0.50% or $0.9 during the last trading session, reaching $181.46. The stock presently has a consensus rating of "Hold" and a consensus target price of $178.69. Ubs Asset Mngmt Americas Inc owns 236,908 shares for 0% of their portfolio. About 1.34 million shares traded or 19.38% up from the average.

The stock decreased 0.77% or $1.4 during the last trading session, reaching $180.56. Zacks Investment Research raised Cummins from a "hold" rating to a "buy" rating and set a $187.00 price objective on the stock in a research report on Thursday, September 21st. The firm earned "Buy" rating on Monday, November 9 by TH Capital. The lowest target is $54.0 while the high is $67.0. The stock has "Neutral" rating by Wedbush on Friday, September 9. 1,428 shares valued at $295,106 were sold by Hammes Eric D. on Thursday, August 17. The rating was maintained by Piper Jaffray with "Hold" on Monday, October 16. Stifel Nicolaus maintained the stock with "Hold" rating in Thursday, April 13 report.

Among 27 analysts covering Autodesk Inc. (NASDAQ:OPK). One Trading L P reported 996,335 shares. The company was maintained on Monday, October 2 by Barclays Capital. They expect $0.94 earnings per share, up 18.99% or $0.15 from last year's $0.79 per share.

Wheatland Advisors Inc. maintained its stake in shares of Cummins Inc. The Virginia-based Chase Investment Counsel Corp has invested 1.99% in the stock. The quick ratio, on the other hand, is 1 indicating the company's current short-term liquidity. (NYSE:CMI). Bluecrest Cap Management Limited reported 0.01% in Cummins Inc.

Investors sentiment increased to 1.14 in Q3 2017. Fenimore Asset Mngmt Inc reported 0.01% stake. It is positive, as 57 investors sold CMI shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. The investment managers in our partner's database reported: 132.23 million shares, up from 130.61 million shares in 2017Q2. Crossvault Capital Mgmt Limited Liability Company accumulated 1,300 shares. 1,512 are owned by Mirae Asset Invs Ltd. 2,984 are held by Hancock Holdg.

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TRADEMARK VIOLATION WARNING: "Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Cummins (CMI) Share Price" was originally posted by BBNS and is the property of of BBNS. LLC IN purchased a new stake in Cummins in the 3rd quarter worth approximately $255,000. (NYSE:CMI)'s stock has been 11.05% and 32.92% for the last 12 months. (NYSE:CMI). Horan Management accumulated 0.47% or 13,416 shares. The figure allows investors to understand how effectively Cummins able to convert its money into net income. Janney Montgomery Scott Limited Company holds 36,090 shares. (NYSE:CMI). Essex Services Inc has invested 0.17% in Cummins Inc. During the same period in the previous year, the firm earned $2.02 EPS. equities research analysts forecast that Cummins will post 10.2 EPS for the current year.

Cummins (NYSE:CMI) last announced its quarterly earnings results on Thursday, February 9th. The company was maintained on Monday, September 11 by Piper Jaffray. (NASDAQ:CHRW) has "Underperform" rating given on Wednesday, December 2 by Bank of America.

Since August 9, 2017, it had 0 insider buys, and 1 sale for $260,085 activity. Sterling Capital Management Llc sold 2,000 shares as the company's stock rose 1.30% with the market. (NYSE:CMI) for 75,000 shares. CMI's profit would be $431.52M giving it 17.71 P/E if the $2.60 EPS is correct. (NYSE:CMI) has "Hold" rating given on Tuesday, October 10 by RBC Capital Markets. The company has market cap of $30.58 billion. The rating was downgraded by Morgan Stanley on Wednesday, October 28 to "Underweight". (NYSE:CMI). Fort Washington Invest Inc Oh invested 0.07% of its portfolio in Cummins Inc. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company's stock. It operates through Engine, Distribution, Components, and Power Systems divisions. (NYSE:CMI). American Interest Gru Inc holds 2.05% or 3.46 million shares in its portfolio. The Engine segment makes and markets a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, gas and oil, defense, and agricultural markets. (NYSE:CMI) rating on Wednesday, October 28. Vanguard Group Inc. lifted its stake in shares of Cummins by 2.6% during the 2nd quarter. Stifel Nicolaus maintained the shares of CMI in report on Thursday, June 15 with "Hold" rating. Therefore 25% are positive. The firm has "Buy" rating given on Tuesday, October 11 by Goldman Sachs. State Street Corp, a Massachusetts-based fund reported 11.74 million shares. Cummins had 92 analyst reports since July 22, 2015 according to SRatingsIntel. BMO Capital Markets increased their price objective on Cummins from $185.00 to $190.00 and gave the stock a "market perform" rating in a report on Wednesday, November 8th. (NYSE:CMI). Comerica Commercial Bank has invested 0.07% of its portfolio in Cummins Inc.

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