Wall Street is on a rally, with all three major indexes hitting new all-time closing highs. On Jul 10, the S&P 500 and the Nasdaq closed at fresh record highs of 5,633.91 and 18,647.45 points, respectively.The rally follows impressive economic data that shows a decline in inflation and a cooling labor market. The consumer price index (CPI) remained unchanged month over month in May after rising 0.3% in April. May’s reading was also 0.1% lower than the consensus estimate and the softest reading since July 20 ...

Leading engine manufacturer and global power solutions provider Cummins (CMI) has raised its quarterly dividend by 8.3% to $1.82/share. This marks the 15th consecutive year of payout hike. The dividend will be paid on Sep 5, 2024, to shareholders as of Aug 23, 2024.Currently, the company's dividend yield stands at 2.5%. Over the past five years, CMI has raised its dividend six times, with a five-year annualized dividend growth rate of 6.53%. The payout ratio of 35% looks sustainable.Reasonable debt levels a ...

PM ImagesWe are always on the lookout for dividend increases. Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 8 expected dividend increases in July 2024. Why do we suspect these companies are going to announce a dividend increase in July? The dividend stocks featured in this article all have a history of announcing their annual dividend increases in July. The funny thing about large, blue-chip dividend-paying stocks ...

Several auto stocks are starting to stand out as new additions to the Zacks Rank #1 (Strong Buy) list this week.Along with positive earnings estimate revisions being indicative of their improved outlook, these highly ranked auto stocks are attractive in terms of value which further suggests that now is an ideal time to invest.Cummins (CMI) Starting with Cummins, its Zacks Automotive-Internal Combustion Engines Industry is in the top 1% of almost 250 Zacks industries.Cummins is benefiting from the industry's ...

文章核心观点 - Cummins公司最近被评为Zacks Rank 1(强烈买入),这表明其盈利前景向好,有望带来股价上涨[1][4] - 公司的盈利前景变化是影响股价的最关键因素,而Zacks评级系统能有效捕捉这一变化[5][7] - Cummins公司的盈利预测值有所上升,反映了其基本面的改善,值得投资者关注[6][9][10] 公司研究 - Cummins是一家发动机制造商,预计2024财年每股收益为18.84美元,同比下降4.3%[9] - 过去3个月内,分析师对Cummins的盈利预测不断上调,上调幅度达2.6%[10] - Zacks评级系统将Cummins评为Rank 1,位于Zacks覆盖股票的前5%,预示着其股价有望在短期内上涨[11][12]

The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cummins (CMI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.Cummins is a member of the Auto-Tires-Trucks sector. This group includes 108 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 1 ...

文章核心观点 - 公司在一季度面临宏观环境挑战,但分部表现各有不同,整体业绩尚可 [8][9][10][11][12][13][14][15] - 公司持续投资新产品,未来增长前景良好 [16][17][18][19] - 公司财务状况稳健,有望在未来几年实现业绩增长 [20][21][22][23][24][25] - 目前股价存在一定折价,具有较好的投资价值 [26][27][28][29] 公司表现分析 - 分销和动力系统分部表现良好,销售额分别增长5.4%和3.4% [10][11] - 零部件和发动机分部受宏观环境影响,销售额分别下降6.3%和1.9% [12][13] - 受新产品投入和销量下降影响,EBITDA利润率下降80个基点至15.5% [15] 未来发展前景 - 公司持续投资新产品,如推出多款发电机组,满足客户需求 [18][19] - 预计未来几年业绩将逐步改善,2025-2026年EPS有望实现14%左右的增长 [20][21][22][23] - 公司财务状况良好,资产负债率仅22.3%,信用评级为A级 [24][25] 估值分析 - 目前股价对应PE为14.1倍,略低于历史平均水平 [27] - 预计未来12个月EPS为19.90美元,对应合理估值为292美元/股,较当前价格有10%的折价 [28][29] 股息分析 - 公司目前股息率为2.5%,高于行业平均水平 [30] - 连续18年增加股息,增速达8.1%,高于行业中位数 [31][32] - 预计未来股息增长仍将维持在高个位数水平 [33]

jetcityimage Introduction Building a business is tough. Building a stock-listed company with consistent dividend growth and double-digit annual returns is even harder. Doing this in a cyclical industry takes things to a whole new level. Essentially, there are three major machinery companies on my radar that have done this: Deere & Company (DE). Caterpillar (CAT). Cummins (NYSE:CMI), the star of this article. Since January 2004, CMI shares have returned 17.6% annually! This includes the Great Financia ...

Investors closely monitor insider buys, as they can deliver a positive message to shareholders, reflecting overall business confidence.Of course, many strict rules apply to insiders.Insiders can’t trade based on material nonpublic information, they must pre-clear all trades, and all transactions of the company’s stock must occur during the Window Period.In addition, insiders have a longer holding period than most, a critical aspect that investors should be aware of.Three companies – Cummins (CMI) , Packagin ...

Everyone who has tried generative AI knows it’s a transformational technology. And it isn’t a fad; artificial intelligence will be with us for decades. Let’s highlight some under-the-radar AI stocks to profit from this revolution.Investors have increased their exposure to AI investments as the payoffs of the innovation become clearer. A major focus has been on semiconductor companies like Nvidia (NASDAQ:NVDA) and software stocks like Microsoft (NASDAQ:MSFT). While these industries might still have more upsi ...