Cummins Inc. (CMI) Expected to Announce Quarterly Sales of $5.17 Billion

Diversified Trust Co bought 37,199 shares as the company's stock rose 14.80% with the market. During the same period past year, the firm earned $2.02 EPS. 3M Co now has $143.37B valuation. The stock increased 0.16% or $0.29 during the last trading session, reaching $184.19. About 375,702 shares traded. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since January 11, 2017 and is uptrending. It has outperformed by 110.97% the S&P500.

Cummins Inc (NYSE:CMI) institutional sentiment increased to 1.1 in 2017 Q3. (NYSE:CMI) to report $5.17 billion in sales for the current quarter, according to Zacks Investment Research. CMI's profit would be $431.52 million giving it 17.60 P/E if the $2.60 EPS is correct. The company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.24. The stock decreased 0.34% or $0.22 during the last trading session, reaching $63.67. WPX Energy, Inc. (NYSE:WPX) has risen 29.74% since January 13, 2017 and is uptrending. It has outperformed by 26.62% the S&P500. Dekabank Deutsche Girozentrale reported 63,251 shares stake. (NASDAQ:BJRI) has "Hold" rating given on Thursday, October 26 by Robert W. Baird. Gangestad Nicholas C also sold $936,291 worth of 3M Company (NYSE:MMM) on Friday, October 27. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. THULIN INGE G had sold 6,823 shares worth $1.59 million on Friday, October 27. Facebook Inc (NASDAQ:FB) was reduced too.

Investors sentiment decreased to 0.77 in Q3 2017. Its up 0.09, from 1.01 in 2017Q2. It worsened, as 62 investors sold TMUS shares while 161 reduced holdings. 106 funds opened positions while 598 raised stakes. Savings Bank Of Nova Scotia Company has 1,000 shares for 0.02% of their portfolio. Conning reported 148,941 shares or 1.06% of all its holdings. (NYSE:CMI) for 742,298 shares. Evanson Asset Ltd Liability Company stated it has 3,836 shares or 0.17% of all its holdings. Point72 Asia (Hong Kong) Ltd holds 0.01% or 92 shares. Zacks Investment Mgmt reported 0.05% stake. Usca Ria Ltd Liability Corp owns 28,793 shares. (NYSE:CMI). Cornerstone owns 642 shares or 0.07% of their USA portfolio. Exchange Capital Mgmt invested in 0.7% or 34,291 shares. Institutional investors own 82.31% of the company's stock. (NYSE:CMI). Moreover, Parametrica Mgmt Limited has 0.14% invested in Cummins Inc. WPX Energy had 101 analyst reports since July 21, 2015 according to SRatingsIntel. They expect $0.33 EPS, down 26.67% or $0.12 from last year's $0.45 per share. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company's stock. Therefore 81% are positive. 3M had 71 analyst reports since July 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of CMI in report on Thursday, April 13 with "Hold" rating. Stifel Nicolaus downgraded BJ's Restaurants, Inc. The rating was downgraded by Macquarie Research to "Neutral" on Monday, April 11. On Thursday, March 23 the stock rating was maintained by RBC Capital Markets with "Hold". The stock of 3M Company (NYSE:MMM) has "Buy" rating given on Wednesday, October 25 by Argus Research. Goldman Sachs upgraded the shares of MMM in report on Wednesday, October 25 to "Hold" rating. BMO Capital Markets maintained the stock with "Buy" rating in Wednesday, July 19 report. (NYSE:CMI) on Tuesday, September 5 with "Sell" rating. CLSA downgraded the stock to "Outperform" rating in Thursday, December 1 report.

Since September 15, 2017, it had 0 insider buys, and 1 insider sale for $366,765 activity. $260,085 worth of Cummins Inc. Marshfield Associates sold 9,844 shares as the company's stock rose 1.30% with the market. The Company operates through four segments: Engine, Distribution, Components and Power Generation. It has a 18.6 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. Equities research analysts forecast that Cummins Inc. will post $7.98 earnings per share for the current fiscal year.

Ratings analysis reveals 25% of Cummins's analysts are positive. (NASDAQ:TMUS) has "Neutral" rating given on Tuesday, January 10 by Moffett Nathanson. Finally, Citigroup raised their target price on Cummins from $175.00 to $183.00 and gave the stock a "neutral" rating in a research report on Friday, October 13th. JP Morgan maintained Merck & Co., Inc. (NYSE:CMI) rating on Wednesday, November 1. The rating was maintained by Brean Capital on Wednesday, August 17 with "Buy". Jefferies maintained Cummins Inc. As per Monday, November 7, the company rating was upgraded by Evercore. Moreover, Bessemer Grp Inc has 0% invested in Cummins Inc. Its down 0.15, from 1.44 in 2017Q2. Signaturefd LLC raised its stake in Cummins by 17.1% in the second quarter. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Sg Americas Lc reported 8,999 shares or 0.01% of all its holdings. Cedar Hill Associate Limited Liability Company reported 1,787 shares. (NYSE:CMI) for 15,290 shares. (NYSE:CMI) rating on Friday, February 5. Eqis Cap Management Inc holds 0.03% of its portfolio in WPX Energy, Inc. Royal Natl Bank Of Canada owns 995,165 shares for 0.03% of their portfolio. Security Comml Bank Of So Dak invested in 4,942 shares. Ingalls And Snyder Ltd Limited Liability Company owns 0.01% invested in Cummins Inc. (NYSE:CMI) for 28,519 shares. Meeder Asset Mngmt Inc owns 30,927 shares for 0.57% of their portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management Corporation has invested 0.13% of its portfolio in Cummins Inc.

Return-on-asset (ROA) for CMI is 10.20%, indicating its profitability situation relative to its assets. Bedrijfstakpensioenfonds Voor De Media Pno invested in 0.22% or 11,585 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related:

Comments

Latest news

Tiger Zinda Hai nears $20 million in worldwide markets
Tiger Zinda Hai has further reaffirmed Salman Khan's position as the numero uno superstar that we have in the country today. Stay tuned to BollywoodLife for more updates on Tiger Zinda Hai .

Addison Reed Agrees To Deal With Minnesota Twins
Previous year he allowed 1.3 homers per nine innings, which was on the high side. The deal, which is pending a physical, is reportedly just under $17 million.

Some hot names on Wall Street: DDR Corp. (DDR), PPL Corporation (PPL)
Several hedge funds and other institutional investors have recently made changes to their positions in the company. British Columbia Management Corporation, British Columbia - Canada-based fund reported 246,580 shares. (NYSE:MET).

NFL to look into whether Raiders violated 'Rooney Rule'
Back in 2003 the Lions were fined $200,000 for not interviewing a minority candidate for their head coaching position. The NFL seems set to investigate the Raiders hiring process to see if they violated the league's Rooney Rule.

Don't kiss monkeys in Florida, they could give you herpes
Tom O'Lenick, who has navigated the Silver River for 35 years, hollered from his charter boat into the dense surrounding forest. There are about 175 of the monkeys in the Silver Springs State Park , but the population has spread elsewhere in Florida.

Other news