Cummins (NYSE:CMI) Earns Media Impact Rating of 0.17

Jeannie Matthews
January 14, 2018

Investec Asset Management North America Inc decreased Vmware Inc (NYSE:VMW) stake by 3,116 shares to 124,765 valued at $13.62M in 2017Q3. 3M Co now has $143.37B valuation. About 305,164 shares traded. STMicroelectronics N.V. (NYSE:STM) has risen 191.28% since January 13, 2017 and is uptrending. It has outperformed by 74.38% the S&P500.

Cummins (NYSE:CMI) last posted its earnings results on Tuesday, October 31st.

Earnings-per-share (EPS) ratio for CMI is 9.84, exhibiting the allocation of the profit to each of its outstanding share of common stock.

Cummins Inc is a manufacturer of diesel engines. Increased volatility and interest from bargain investors have put the stock on a number of investor's watchlists of late. It is down 30.64% since January 11, 2017 and is downtrending. It has outperformed by 26.62% the S&P500.

Since August 16, 2017, it had 11 buys, and 0 insider sales for $3.36 million activity. The firm has "Sell" rating by Zacks given on Wednesday, September 2. The insider Lindekugel Jon T sold $92,023. The company was maintained on Monday, October 2 by Barclays Capital. The company was downgraded on Thursday, March 17 by BBT. Another trade for 4,965 shares valued at $1.02 million was made by Keel Paul A on Friday, August 11. Pacad Invest accumulated 1,500 shares or 0% of the stock.

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Bridgeway Capital Management Inc decreased Lyondellbasell Industries N (NYSE:LYB) stake by 65,100 shares to 804,321 valued at $79.67M in 2017Q3. De Burlo Inc reported 2,100 shares stake. Its up 0.09, from 1.01 in 2017Q2. It dropped, as 59 investors sold MMM shares while 612 reduced holdings. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 7,300 shares in the quarter, leaving it with 22,150 shares, and cut its stake in Kraft Heinz Co. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.03 and a current ratio of 1.57. Moreover, Canandaigua Bankshares And has 0.81% invested in 3M Company (NYSE:MMM) for 20,159 shares. Shareholders of record on Friday, November 17th were given a $1.08 dividend. Retirement Of Alabama accumulated 108,833 shares. Gemmer Asset Management Ltd Liability Com holds 0.01% or 131 shares in its portfolio. Strs Ohio has invested 0.01% of its portfolio in Cummins Inc. Annex Advisory Serv Ltd holds 0.05% or 1,169 shares. (NYSE:CMI). Zacks Inv Mngmt holds 0.05% or 13,318 shares. Taconic Capital Advisors Lp owns 50,000 shares or 2.39% of their USA portfolio. Heritage Mngmt invested in 49,709 shares. Bath Savings Trust Co sold 4,230 shares as the company's stock declined 14.80% while stock markets rallied. Rocky Mountain Advisers Ltd Co owns 3,400 shares for 3.03% of their portfolio. Kornitzer Cap Ks has invested 0.07% in Cummins Inc. United Fire Grp Inc Incorporated invested in 3.82% or 67,630 shares. The company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.25. Piper Jaffray Companies set a $175.00 target price on Cummins and gave the company a "hold" rating in a research report on Sunday, December 10th. Therefore 39% are positive. China Lodging had 14 analyst reports since August 18, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with "Hold" rating in Wednesday, November 11 report. Cowen & Co maintained The Greenbrier Companies, Inc. (NYSE:CMI) has "Outperform" rating given on Wednesday, October 28 by Macquarie Research. This indicates more upside for the $30.57B company. (NYSE:CMI) has "Hold" rating given on Tuesday, October 10 by RBC Capital Markets. The firm has "Hold" rating by BB&T Capital given on Monday, September 28.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Credit Suisse has "Outperform" rating and $140 target.

Since August 9, 2017, it had 0 insider purchases, and 1 insider sale for $260,085 activity. Companies having a market cap of $10 billion or more are typically considered as the major players of the market. The companyÂ's Diagnostics segment operates Bio-Reference Laboratories, a clinical laboratory that offers laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases. It has a 18.72 P/E ratio. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck, bus, recreational vehicle (RV), light-duty automotive and agricultural markets.

Media headlines about Cummins (NYSE:CMI) have trended somewhat positive this week, according to Accern Sentiment Analysis. Therefore 25% are positive. CMI was included in 91 notes of analysts from July 22, 2015. Robert W. Baird downgraded Cummins Inc. (NYSE:CMI) on Thursday, November 16 with "Buy" rating. The firm earned "Hold" rating on Tuesday, October 31 by Stifel Nicolaus. The rating was downgraded by Longbow on Thursday, October 12 to "Neutral". Buckingham Research maintained Cummins Inc. Evercore upgraded the stock to "Buy" rating in Monday, November 7 report. Avondale maintained it with "Market Perform" rating and $25 target in Wednesday, April 6 report. BlackRock Inc. lifted its stake in shares of Cummins by 4.1% during the 2nd quarter. The rating was upgraded by Standpoint Research on Monday, August 24 to "Buy".

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.

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