Cummins Inc. stock forecast: down to 225.03 USD CMI stock price prognosis


Forecast for Fri 19 May 2023 price 225.00

Cummins Inc. stock price forecast for further price development down to -2.15% (time horizon: 1 day) and price target of 225.03 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Cummins Inc. share price prediction for 2023-05-19 with daily closed price projections

Key Facts

Symbol CMI 

ISIN US2310211063 

CUSIP 231021106

Currency USD

Category Engines & Turbines

Forecast price change %

News sentiment (0.90)

News <--> Close correlation for next day influence (-0.06)

Finance numbers

Revenue 20,892,000,000.0

Earnings per share 12.67

Dividends 5.32

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Member2018-08-150000026172cmi:EfficientDrivetrainsInc. Member2018-08-152018-08-150000026172cmi:EfficientDrivetrainsInc. These competitors vary by geographical location and application market. Fleetguard products are available through thousands of distribution points worldwide. &# Our joint ventures are either distribution or manufacturing entities. is a joint venture with Komatsu America Corporation. These patents and trademarks were granted and registered over a period of years. PACCAR is our only customer accounting for more than 10 percent of our net sales in 2020. We have been an engine supplier to PACCAR for 76 years. We strive to ensure a workplace with zero incidents. It also applies to the employees of any entity owned or controlled by us. These countries include China, India and Germany. We face the challenge of accurately aligning our capacity with our demand. Our business is exposed to potential product liability claims. In addition, many of our customers and suppliers have unionized work forces. As we implement new systems, they may not perform as expected. The markets in which we operate are highly competitive. We are exposed to risks arising from the price and availability of energy. Segment amounts exclude certain expenses not specifically identifiable to segments. Following is a discussion of results for each of our operating segments. The SPV is currently scheduled to cease purchasing commercial paper on March 17, 2021. We received net proceeds of $1.98 billion. We have elected this option on certain reporting units. We perform the required procedures as of the end of our fiscal third quarter. Total goodwill in this reporting unit is $544 million. We considered several factors in developing our expected rate of return on plan assets. The one-year return for our U.K. plans was 13.7 percent for 2020. It is acceptable to delay or immediately recognize these differences. This is also true of changes to actuarial assumptions. None of our derivative instruments are subject to collateral requirements. Our foreign currency cash flow hedges generally mature within two years. Commencing in 2019, these commodity swaps are designated and qualify as cash flow hedges. 61Table of ContentsCUMMINS INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSNOTE 1. We did not have any material capitalized balances at December 31, 2020 or 2019. These contracts are used strictly for hedging and not for speculative purposes. We review our allowance for doubtful accounts on a regular basis. See Note 9, "GOODWILL AND OTHER INTANGIBLE ASSETS," for additional information. We review and assess the liability for these programs on a quarterly basis. In addition, we sell extended warranty coverage on most of our engines. Joint venture transfer prices may differ from normal selling prices. All marketable securities presented use a Level 2 fair value measure. At December 31, 2020, we were in compliance with the covenants. The terms of the swaps mirrored those of the debt, with interest paid semi-annually. Private markets include equity, venture capital and private credit instruments and funds. These funds are valued using NAVs and allow quarterly or more frequent redemptions. Real assets include real estate and infrastructure. These plans are reflected in "Other liabilities" in our Consolidated Balance Sheets. We do not believe that these lawsuits are material individually or in the aggregate. Treasury shares may be reissued as part of our stock-b

Summerized Form 10-K with GPT-2
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 69.44/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
Prostatis Group LLC 2019-12-31 61383
American Portfolios Advisors 2022-03-31 797
American Portfolios Advisors 2022-09-30 782
A - B. Riley Wealth Advisors, Inc. 2022-12-31 8990

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SPDR SERIES TRUST 2022-12-31 4416 Long
SPDR SERIES TRUST 2022-12-31 1367 Long
SPDR SERIES TRUST 2022-12-31 3927 Long
SELECT SECTOR SPDR TRUST 2022-12-31 678657 Long
SPDR SERIES TRUST 2022-12-31 1601 Long

Insider trading for Cummins Inc.

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1238892 Linebarger Norman Thomas 2022-11-14 SALE Reject Accept Accept Accept
1629977 Embree Tracy A 2022-11-10 SALE Accept Accept Accept Accept
1676537 Smith Mark Andrew 2022-11-09 SALE Accept Accept Accept Accept
1478314 Changdiaz Franklin R 2022-05-25 SALE Accept Accept Accept Accept
1541520 Barner Sharon R 2023-02-17 SALE Accept Accept Accept Accept
1671209 Padmanabhan Srikanth 2022-08-10 SALE Accept Accept Accept Accept
1651631 Rumsey Jennifer 2022-03-31 SALE Accept Accept Accept Accept
1438353 Satterthwaite Tony 2022-11-11 SALE Accept Accept Accept Accept
1141392 Nelson Georgia R 2023-02-15 SALE Accept Accept Accept 0

Bollinger Bollinger Bands for Cummins Inc. can provide the information where the market is moving based on price information.

Cummins Inc. Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Cummins Inc..

On-Balance Volume information for Cummins Inc.. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Cummins Inc.. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Cummins Inc.. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Cummins Inc.. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Cummins Inc.. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Cummins Inc.. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Cummins Inc.. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-04-27 225.03 2023-03-25 04:52
2023-04-28 225.04 2023-03-25 04:52
2023-05-01 225.05 2023-03-25 04:52
2023-05-02 224.98 2023-03-25 04:52
2023-05-08 225.02 2023-03-25 04:52
2023-05-09 224.98 2023-03-25 04:52
2023-05-10 225.00 2023-03-25 04:52
2023-05-03 224.98 2023-03-25 04:52
2023-05-04 224.98 2023-03-25 04:52
2023-05-05 225.02 2023-03-25 04:52
2023-05-11 225.00 2023-03-25 04:52
2023-05-12 225.02 2023-03-25 04:52
2023-05-15 225.00 2023-03-25 04:52
2023-05-16 225.00 2023-03-25 04:52
2023-05-17 225.01 2023-03-25 04:52
2023-05-18 225.00 2023-03-25 04:52
2023-05-19 225.00 2023-03-25 04:52
2023-03-29 224.96 2023-03-25 04:52
2023-03-27 225.07 2023-03-25 04:52
2023-03-28 224.59 2023-03-25 04:52
2023-03-30 225.96 2023-03-25 04:52
2023-04-06 224.74 2023-03-25 04:52
2023-04-10 225.13 2023-03-25 04:52
2023-04-11 225.42 2023-03-25 04:52
2023-03-31 225.69 2023-03-25 04:52
2023-04-03 225.86 2023-03-25 04:52
2023-04-04 225.78 2023-03-25 04:52
2023-04-05 225.30 2023-03-25 04:52
2023-04-07 225.25 2023-03-25 04:52
2023-04-12 224.94 2023-03-25 04:52
2023-04-17 225.23 2023-03-25 04:52
2023-04-18 225.22 2023-03-25 04:52
2023-04-19 224.92 2023-03-25 04:52
2023-04-20 225.01 2023-03-25 04:52
2023-04-21 225.01 2023-03-25 04:52
2023-04-24 224.91 2023-03-25 04:52
2023-04-25 225.01 2023-03-25 04:52
2023-04-13 224.78 2023-03-25 04:52
2023-04-14 225.24 2023-03-25 04:52
2023-04-26 225.00 2023-03-25 04:52

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.