Last $136.07 USD
Change Today -1.82 / -1.32%
Volume 1.6M
CMI On Other Exchanges
Symbol
Exchange
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As of 3:59 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

cummins inc (CMI) Snapshot

Open
$137.43
Previous Close
$137.89
Day High
$137.61
Day Low
$135.60
52 Week High
06/9/14 - $161.03
52 Week Low
10/29/13 - $122.52
Market Cap
25.0B
Average Volume 10 Days
1.5M
EPS TTM
$7.95
Shares Outstanding
183.9M
EX-Date
08/20/14
P/E TM
17.1x
Dividend
$3.12
Dividend Yield
1.95%
Current Stock Chart for CUMMINS INC (CMI)

cummins inc (CMI) Details

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. The Engine segment offers 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, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Components segment supplies after treatment systems, turbochargers, filtration products, and fuel systems for commercial diesel applications. It offers filtration systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment serves engine and distribution segments, truck manufacturers, and other original equipment manufacturers. The Power Generation segment designs and manufactures components that make up power generation systems, including engines, controls, alternators, transfer switches, and switchgear, as well as power generation systems, components, and services. The Distribution segment provides maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment manufacturers, distributors, and other customers worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

47,900 Employees
Last Reported Date: 02/18/14
Founded in 1919

cummins inc (CMI) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.2M
President and Chief Operating Officer
Total Annual Compensation: $670.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $675.0K
Vice President and President of Power Generat...
Total Annual Compensation: $550.0K
President of Components Group, Managing Direc...
Total Annual Compensation: $525.0K
Compensation as of Fiscal Year 2013.

cummins inc (CMI) Key Developments

Cummins Inc. Presents at Citigroup Industrial Conference 2014, Sep-22-2014

Cummins Inc. Presents at Citigroup Industrial Conference 2014, Sep-22-2014 . Venue: Intercontinental Hotel, Boston, Massachusetts, United States.

BAE Systems and Cummins to Come Up with New Technology to Reduce Idling for Hybrid Transit Buses

Transit bus operators will now be able to save fuel and also reduce air and noise pollution due to a partnership between BAE Systems and Cummins. All buses in North America will now be equipped with Cummins ISB6.7 hybrid engines and BAE Systems' HybriDrive Series-E propulsion systems, which will employ engine start/stop when passengers board or disembark. This technology has already been tested on buses in Lancaster, Pennsylvania and Metro Mineapolis in Minnesota. It is planned to be delivered to customers by later 2014 and will be developed and produced at BAE Systems' facility in Endicott, New York. The testing has proved that the start/stop mode helps in reducing engine idling time by up to 40%. This helps in saving fuel and creates a quieter environment for passengers at bus stops. During the engine shut-off mode, accessories such as air conditioning, power steering and air compressors remain operational.

Cummins Inc. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 29, 2014 ; Revises Guidance for the Year 2014

Cummins Inc. announced unaudited consolidated earnings results for second quarter and six months ended June 29, 2014. For the quarter, the company reported net sales of $4,835 million, operating income of $612 million, income before income taxes of $642 million, net income attributable to company of $446 million or $2.43 per diluted share compared to the net sales of $4,525 million, operating income of $610 million, income before income taxes of $613 million, net income attributable to company of $414 million or $2.2 per diluted share for the same quarter a year ago. For the year to date, the company reported net sales of $9,241 million, operating income of $1,125 million, income before income taxes of $1,153 million, net income attributable to company of $784 million or $4.26 per diluted share, net cash provided by operating activities of $701 million, capital expenditures of $245 million compared to the net sales of $8,447 million, operating income of $1,024 million, income before income taxes of $1,044 million, net income attributable to company of $696 million or $3.69 per diluted share, net cash provided by operating activities of $960 million, capital expenditures of $275 million for the same period a year ago. Based on the current forecast, the company expected full year 2014 revenues to grow between 8% and 11%, up from its previous forecast of growth of between 6% and 10%, due largely to improving demand in North America. EBIT is expected to be in the range of 12.75% to 13.25% of sales.

 

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CMI

Industry Average

Valuation CMI Industry Range
Price/Earnings 16.2x
Price/Sales 1.4x
Price/Book 3.2x
Price/Cash Flow 16.1x
TEV/Sales 1.2x
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