Cummins Inc (CMI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines and engine-related component products, including filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems, and others. Cummins Inc has a market cap of $23.41 billion; its shares were traded at around $148.18 with a P/E ratio of 18.68 and P/S ratio of 1.04. The dividend yield of Cummins Inc stocks is 3.00%. Cummins Inc had annual average EBITDA growth of 10.70% over the past ten years. GuruFocus rated Cummins Inc the business predictability rank of 3-star.
For the last quarter Cummins Inc reported a revenue of $5.9 billion, compared with the revenue of $5.3 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $23.8 billion, an increase of 16.4% from last year. For the last five years Cummins Inc had an average revenue growth rate of 4.9% a year.
The reported diluted earnings per share was $13.15 for the year, an increase of 120.3% from previous year. Over the last five years Cummins Inc had an EPS growth rate of 3.9% a year. The Cummins Inc had a decent operating margin of 10.06%, compared with the operating margin of 9.78% a year before. The 10-year historical median operating margin of Cummins Inc is 10.12%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Cummins Inc has the cash and cash equivalents of $1.3 billion, compared with $1.4 billion in the previous year. The long term debt was $1.6 billion, compared with $1.6 billion in the previous year. The interest coverage to the debt is at a comfortable level of 21. Cummins Inc has a financial strength rank of 7 (out of 10).
At the current stock price of $148.18, Cummins Inc is traded at 12.2% discount to its historical median P/S valuation band of $168.72. The P/S ratio of the stock is 1.04, while the historical median P/S ratio is 1.20. The intrinsic value of the stock is $114.72 a share, according to GuruFocus DCF Calculator. The stock lost 6.97% during the past 12 months.
Directors and Officers Recent Trades:
- VP & Pres. - Components Group Tracy A Embree sold 206 shares of CMI stock on 02/06/2019 at the average price of $150. The price of the stock has decreased by 1.21% since.
- VP & Pres. - Components Group Tracy A Embree sold 1,184 shares of CMI stock on 02/06/2019 at the average price of $150. The price of the stock has decreased by 1.21% since.
- President & COO Richard Joseph Freeland sold 4,500 shares of CMI stock on 01/18/2019 at the average price of $150. The price of the stock has decreased by 1.21% since.
For the complete 20-year historical financial data of CMI, click here.
