Cummins Stock In The News
| CMI Stock | USD 287.56 3.86 1.32% |
The overall news coverage of Cummins from major news outlets shows solid bullish sentiment on 22 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Cummins' news coverage and content from conventional and social sources shows investors' bearish mood towards Cummins. The specific impact of Cummins news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Cummins' overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Cummins headlines in addition to utilizing other, more conventional financial analysis modules. Check out Cummins Backtesting and Cummins Hype Analysis. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
Cummins |
Cummins Today Top News and Investor Outlook
Cummins Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Cummins and other traded companies coverage. We help investors stay connected with Cummins headlines for the 19th of April to make an informed investment decision based on correlating the impacts of news items on Cummins Stock performance. Please note that trading solely based on the Cummins hype is not for everyone as timely availability and quick action are needed to avoid losses.Cummins stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Cummins earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Cummins that are available to investors today. That information is available publicly through Cummins media outlets and privately through word of mouth or via Cummins internal channels. However, regardless of the origin, that massive amount of Cummins data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cummins news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cummins relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cummins' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cummins alpha.
Cummins Largest EPS Surprises
Earnings surprises can significantly impact Cummins' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2001-07-12 | 2001-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2001-01-26 | 2000-12-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2003-10-28 | 2003-09-30 | 0.17 | 0.15 | -0.02 | 11 | ||
1996-10-15 | 1996-09-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2009-04-30 | 2009-03-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2004-01-27 | 2003-12-31 | 0.24 | 0.27 | 0.03 | 12 |
Cummins Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Cummins Stock. The global stock market is bearish. About 66% of major world exchanges and indexes are down. See today's market update for more information.
18th of April 2024
FIRST-QUARTER 2024 SALES at finance.yahoo.com
16th of April 2024
Diesel Generator Market worth 23.4 billion by 2029 - Exclusive Report by MarketsandMarkets at finance.yahoo.com
15th of April 2024
Hyderabad racks IPL record total of 287-3 and beats Bengaluru by only 25 runs at aol.com
12th of April 2024
Used diesel truck shoppers must follow the big three rule before buying, mechanic says at express.co.uk
11th of April 2024
Purdue, Cummins partner on in-road, in-motion charging for electric semi trucks at electrek.co
9th of April 2024
Cummins, Inc. Long-Term Shareholder Announcement Johnson Fistel, LLP Encourages Investors ... at benzinga.com
8th of April 2024
New Study Shows Implementing Product Lifecycle Intelligence in Sustainable Product Design ... at finance.yahoo.com
4th of April 2024
Electrolyzers for Green Hydrogen Market Projected to Reach 18.38 billion by 2030 - Exclusi... at finance.yahoo.com
3rd of April 2024
Global Aircraft Fuel Cells Strategic Business Report 2024 Market to Reach 2.7 Billion by 2... at finance.yahoo.com
27th of March 2024
Cramers Lightning Round I cant recommend Archer Aviation at cnbc.com
18th of March 2024
Disposition of 349 shares by William Miller of Cummins subject to Rule 16b-3 at finnewsnetwork.com.au
12th of March 2024
CMI INVESTOR ALERT Bronstein, Gewirtz Grossman LLC Announces that Cummins Inc. Investors w... at benzinga.com
Cummins Investors Sentiment
The influence of Cummins' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cummins. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cummins' public news can be used to forecast risks associated with an investment in Cummins. The trend in average sentiment can be used to explain how an investor holding Cummins can time the market purely based on public headlines and social activities around Cummins. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cummins' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cummins' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cummins' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cummins.
Cummins Implied Volatility | 39.29 |
Cummins' implied volatility exposes the market's sentiment of Cummins stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cummins' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cummins stock will not fluctuate a lot when Cummins' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cummins in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cummins' short interest history, or implied volatility extrapolated from Cummins options trading.
Check out Cummins Backtesting and Cummins Hype Analysis. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Cummins Stock analysis
When running Cummins' price analysis, check to measure Cummins' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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Is Cummins' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.628 | Dividend Share 6.5 | Earnings Share 5.16 | Revenue Per Share 240.402 | Quarterly Revenue Growth 0.099 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.