Cummins Stock Short Ratio
| CMI Stock | USD 285.56 2.29 0.80% |
Cummins fundamentals help investors to digest information that contributes to Cummins' financial success or failures. It also enables traders to predict the movement of Cummins Stock. The fundamental analysis module provides a way to measure Cummins' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cummins stock.
Cummins | Short Ratio |
Cummins Company Short Ratio Analysis
Cummins' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Cummins Short Ratio | 2.06 X |
Most of Cummins' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cummins is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cummins Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Cummins is extremely important. It helps to project a fair market value of Cummins Stock properly, considering its historical fundamentals such as Short Ratio. Since Cummins' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cummins' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cummins' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Cummins Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Cummins has a Short Ratio of 2.06 times. This is 60.69% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is 48.5% higher than that of the company.
Cummins Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cummins' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cummins could also be used in its relative valuation, which is a method of valuing Cummins by comparing valuation metrics of similar companies.Cummins is currently under evaluation in short ratio category among related companies.
Cummins ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cummins' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cummins' managers, analysts, and investors.Environmental | Governance | Social |
Cummins Institutional Holders
Institutional Holdings refers to the ownership stake in Cummins that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cummins' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cummins' value.| Shares | Ameriprise Financial Inc | 2023-12-31 | 1.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Legal & General Group Plc | 2023-12-31 | 1.6 M | Stifel Financial Corp | 2023-12-31 | 1.6 M | Ontario Teachers Pension Plan Board | 2023-12-31 | 1.4 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1.4 M | Lsv Asset Management | 2024-03-31 | 1.3 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 1.3 M | Norges Bank | 2023-12-31 | 1.2 M | Vanguard Group Inc | 2023-12-31 | 17.8 M | Blackrock Inc | 2023-12-31 | 11.5 M |
Cummins Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 44.78 B | ||||
| Shares Outstanding | 136.78 M | ||||
| Shares Owned By Insiders | 0.40 % | ||||
| Shares Owned By Institutions | 89.20 % | ||||
| Number Of Shares Shorted | 1.92 M | ||||
| Price To Earning | 18.70 X | ||||
| Price To Book | 4.61 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 34.06 B | ||||
| Gross Profit | 6.74 B | ||||
| EBITDA | 1.76 B | ||||
| Net Income | 840 M | ||||
| Cash And Equivalents | 2.1 B | ||||
| Cash Per Share | 21.02 X | ||||
| Total Debt | 7.21 B | ||||
| Debt To Equity | 0.91 % | ||||
| Current Ratio | 1.37 X | ||||
| Book Value Per Share | 66.29 X | ||||
| Cash Flow From Operations | 3.97 B | ||||
| Short Ratio | 2.06 X | ||||
| Earnings Per Share | 13.64 X | ||||
| Price To Earnings To Growth | 0.75 X | ||||
| Target Price | 302.37 | ||||
| Number Of Employees | 75.5 K | ||||
| Beta | 1.04 | ||||
| Market Capitalization | 39.37 B | ||||
| Total Asset | 32.01 B | ||||
| Retained Earnings | 17.85 B | ||||
| Working Capital | 2.29 B | ||||
| Current Asset | 7.95 B | ||||
| Current Liabilities | 3.8 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.72 % | ||||
| Net Asset | 32.01 B | ||||
| Last Dividend Paid | 6.61 |
About Cummins Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cummins's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cummins using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cummins based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:Check out Cummins Piotroski F Score and Cummins Altman Z Score 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 1.528 | Dividend Share 6.61 | Earnings Share 13.64 | Revenue Per Share 240.134 | Quarterly Revenue Growth (0.01) |
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.