Zacks Research Issues Negative Estimate for Cummins Earnings

Cummins Inc. (NYSE:CMI) – Equities research analysts at Zacks Research dropped their Q1 2025 EPS estimates for Cummins in a report issued on Tuesday, February 18th. Zacks Research analyst R. Singhi now expects that the company will earn $4.86 per share for the quarter, down from their prior forecast of $5.31. The consensus estimate for Cummins’ current full-year earnings is $22.57 per share. Zacks Research also issued estimates for Cummins’ Q2 2025 earnings at $5.78 EPS, Q3 2025 earnings at $5.88 EPS, FY2025 earnings at $22.34 EPS, Q1 2026 earnings at $5.82 EPS, Q3 2026 earnings at $7.14 EPS and Q4 2026 earnings at $7.18 EPS.

Cummins (NYSE:CMI) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $5.16 EPS for the quarter, beating the consensus estimate of $4.70 by $0.46. The firm had revenue of $8.45 billion during the quarter, compared to analyst estimates of $8.06 billion. Cummins had a return on equity of 27.12% and a net margin of 11.57%. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.14 EPS.

CMI has been the topic of a number of other research reports. Truist Financial boosted their price target on Cummins from $424.00 to $425.00 and gave the stock a “hold” rating in a research note on Thursday, January 16th. Barclays boosted their target price on shares of Cummins from $310.00 to $381.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. JPMorgan Chase & Co. raised shares of Cummins from an “underweight” rating to a “neutral” rating and raised their price target for the stock from $355.00 to $420.00 in a report on Monday, December 9th. StockNews.com downgraded shares of Cummins from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group upped their target price on Cummins from $324.00 to $370.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $386.67.

Cummins Trading Down 0.3 %

Shares of NYSE:CMI opened at $384.73 on Friday. The business’s 50-day moving average is $361.52 and its 200 day moving average is $341.12. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.80. Cummins has a 1 year low of $259.06 and a 1 year high of $387.90. The firm has a market capitalization of $52.89 billion, a P/E ratio of 13.66, a P/E/G ratio of 2.20 and a beta of 1.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CMI. Global Trust Asset Management LLC boosted its stake in shares of Cummins by 59.6% during the 4th quarter. Global Trust Asset Management LLC now owns 75 shares of the company’s stock worth $26,000 after acquiring an additional 28 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of Cummins in the fourth quarter worth approximately $26,000. Compass Financial Services Inc purchased a new stake in shares of Cummins during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. lifted its holdings in Cummins by 208.0% in the 4th quarter. Meeder Asset Management Inc. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 52 shares in the last quarter. Finally, TCTC Holdings LLC purchased a new stake in shares of Cummins during the fourth quarter worth $28,000. 83.46% of the stock is owned by institutional investors and hedge funds.

Cummins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Friday, February 21st will be issued a $1.82 dividend. The ex-dividend date is Friday, February 21st. This represents a $7.28 annualized dividend and a dividend yield of 1.89%. Cummins’s dividend payout ratio (DPR) is presently 25.84%.

About Cummins

Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.