Cummins(CMI)

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Earnings Preview: Cummins (CMI) Q1 Earnings Expected to Decline
ZACKS· 2025-04-28 15:06
Core Viewpoint - The market anticipates a year-over-year decline in Cummins' earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Cummins is expected to report quarterly earnings of $4.82 per share, reflecting a year-over-year decrease of 5.5% [3]. - Revenue projections stand at $8.07 billion, which is a 4% decline from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 7.13% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.79% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from consensus estimates, with positive readings being more predictive of earnings beats [5][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - In the last reported quarter, Cummins exceeded the expected earnings of $4.68 per share by delivering $5.16, resulting in a surprise of +10.26% [12]. - Over the past four quarters, Cummins has beaten consensus EPS estimates three times [13]. Conclusion - Despite the potential for an earnings beat, various factors can influence stock movement, making it essential to consider other elements beyond just earnings results [14][16].
Rockland Announces New Board Member
Thenewswire· 2025-04-15 13:30
Core Viewpoint - Rockland Resources Ltd. has appointed Tracy Hughes to its Board of Directors, enhancing its leadership in the critical metals sector, particularly in beryllium exploration [1][3]. Company Developments - Tracy Hughes brings over 30 years of experience as an entrepreneur and capital markets leader, having founded the Critical Minerals Institute and InvestorNews Inc., and co-founded REE Stocks PLC [2]. - The company has granted 200,000 stock options to Ms. Hughes at a price of $0.11 for a period of 3 years, aligning with its stock option plan [3]. - Charles Desjardins has resigned from the Board to focus on future endeavors, and the company expresses gratitude for his service [4]. Industry Context - Rockland Resources is focused on advancing critical metals exploration, particularly beryllium, at its Beryllium Butte and Claybank projects in Utah, which are strategically located near the world's largest beryllium producer [4]. - Beryllium is recognized as a high-value, essential metal with applications across various sectors, including aerospace, telecommunications, and defense, and is classified as a critical mineral by the US government [5].
Cummins: Tariff Turbulence Creates A Buying Opportunity (Rating Upgrade)
Seeking Alpha· 2025-04-08 21:10
Core Viewpoint - Cummins Inc (NYSE: CMI) is considered one of the most underappreciated compounders in the market, demonstrating resilience and steady business performance [1]. Group 1 - The company was first recommended as a 'buy' in September of the previous year, highlighting its potential for long-term capital compounding [1]. - The investment philosophy emphasizes acquiring high-quality stocks and businesses that are managed by disciplined capital allocators and generate exceptional returns on capital [1].
Here's Why Cummins (CMI) is a Strong Growth Stock
ZACKS· 2025-03-31 14:51
Company Overview - Cummins Inc. is a leading global designer, manufacturer, and distributor of diesel and natural gas engines and powertrain-related component products [11] - The company offers products to original equipment manufacturers (OEMs), distributors, and dealers through a network of approximately 650 company-owned and independent distributor facilities in over 19,000 dealer locations across more than 190 countries and territories [11] Investment Ratings - Cummins Inc. currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [12] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 5.2% for the current fiscal year [12] Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.14 to $22.47 per share [12] - Cummins Inc. has an average earnings surprise of 8.3%, suggesting a positive trend in earnings performance [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Cummins Inc. is recommended for investors' consideration [13]
Cummins (CMI) Could Be a Great Choice
ZACKS· 2025-03-13 17:09
Company Overview - Cummins (CMI) is headquartered in Columbus and operates in the Auto-Tires-Trucks sector, experiencing a price change of -5.13% this year [3] - The company currently pays a dividend of $1.82 per share, resulting in a dividend yield of 2.2%, which is higher than the Automotive - Internal Combustion Engines industry's yield of 1.06% and the S&P 500's yield of 1.59% [3] Dividend Performance - Cummins' annualized dividend of $7.28 has increased by 4% from the previous year, with the company raising its dividend five times over the last five years, averaging an annual increase of 7.49% [4] - The current payout ratio for Cummins is 34%, indicating that the company distributes 34% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Cummins' earnings per share in 2025 is $22.54, reflecting a year-over-year growth rate of 5.47% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - While high-yielding stocks may face challenges during periods of rising interest rates, Cummins presents a compelling investment opportunity due to its strong dividend profile and a Zacks Rank of 3 (Hold) [7]
Why Is Cummins (CMI) Down 6.1% Since Last Earnings Report?
ZACKS· 2025-03-06 17:36
Core Insights - Cummins reported Q4 2024 earnings of $5.16 per share, exceeding expectations and showing an increase from $4.14 in Q4 2023, driven by strong performance in Power Systems and Distribution segments [2] - Total revenues for Cummins were $8.45 billion, surpassing the consensus estimate but declining from $8.54 billion year-over-year [2] Segment Performance - Engine segment sales decreased by 2% year-over-year to $2.7 billion, missing estimates, with North America and International markets down 2% and 3% respectively due to weaker demand [3] - Distribution segment sales rose 13% year-over-year to $3.1 billion, exceeding projections, with North America up 10% and international sales up 19% [4] - Components segment sales fell 17% year-over-year to $2.6 billion, missing estimates, with North America down 12% and international sales down 24% [5] - Power Systems segment sales increased by 22% year-over-year to $1.7 billion, beating estimates, with North America sales up 42% [6] - Accelera segment sales were $100 million, up 23% year-over-year but below estimates, with a pretax loss of $431 million attributed to development costs [7] Financials & Outlook - Cash and cash equivalents decreased to $1.67 billion as of December 31, 2024, while long-term debt slightly decreased to $4.78 billion [8] - Cummins anticipates a 2-3% decline in full-year 2025 revenues and expects EBITDA to be in the range of 16.2-17.2% [8] Market Sentiment - Recent estimates for Cummins have trended downward, indicating a shift in market sentiment [9][11] - The stock holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [11] Investment Scores - Cummins has a Growth Score of B, a Momentum Score of B, and a Value Score of B, placing it in the top 40% for investment strategies [10]
Why Cummins (CMI) is a Top Growth Stock for the Long-Term
ZACKS· 2025-02-25 15:50
Company Overview - Cummins Inc. is a leading global designer, manufacturer, and distributor of diesel and natural gas engines and powertrain-related component products, including fuel systems, turbochargers, transmissions, batteries, and electrified power systems [12] - The company is headquartered in Columbus, IN, and offers products to original equipment manufacturers (OEMs), distributors, and dealers through a network of approximately 650 company-owned and independent distributor facilities in over 19,000 dealer locations across more than 190 countries and territories [12] Investment Ratings - Cummins Inc. currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [13] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 5.5% for the current fiscal year [13] - In the last 60 days, four analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.31 to $22.54 per share [13] Performance Metrics - Cummins boasts an average earnings surprise of 8.3%, which reflects its ability to exceed earnings expectations [13] - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Cummins should be prioritized by investors seeking growth opportunities [14]
Sales Alert: AmeraMex Secures $3.3 Million in New Orders
Newsfile· 2025-02-17 13:48
Chico, California--(Newsfile Corp. - February 17, 2025) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $3.3 million and that it had become an equipment dealer for CMI Mulching Inc.Canada-based CMI Mulching Inc., part of Namakor Holdings, specializes in the manufacturing of industry-leading tracked mulching tractors capable of meeting the mo ...
Cummins(CMI) - 2024 Q4 - Annual Report
2025-02-11 20:57
Revenue Growth - Cummins reported a revenue increase of 15% year-over-year, reaching $24 billion for the fiscal year[10]. - The Engine Segment generated $12 billion in sales, accounting for 50% of total revenue, with a 10% growth compared to the previous year[10]. - The Components Segment saw a revenue increase of 20%, totaling $5 billion, driven by strong demand in the aftermarket[10]. - The Distribution Segment reported $4 billion in sales, reflecting a 12% increase, attributed to expanded service offerings[10]. - The Power Systems Segment achieved $3 billion in revenue, up 18%, supported by growth in data center and renewable energy markets[10]. - The Accelera Segment, focused on electrification, generated $1 billion in sales, marking a 25% increase as the company invests in new technologies[10]. - Cummins anticipates a revenue growth of 8-10% for the next fiscal year, driven by strong market demand and new product launches[10]. - Cummins has a backlog of $5 billion, indicating strong future demand across all segments[10]. Investment and Development - The company plans to invest $500 million in research and development to enhance its product portfolio and sustainability initiatives[10]. - The company is exploring strategic acquisitions to expand its market presence and enhance technological capabilities[10].
Why Cummins (CMI) is a Great Dividend Stock Right Now
ZACKS· 2025-02-05 17:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...