Cummins (NYSE:CMI) Given Media Sentiment Rating of 0.14

News stories about Cummins (NYSE:CMI) have trended somewhat positive on Saturday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cummins earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.3921701296204 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several brokerages have recently commented on CMI. Stifel Nicolaus reissued a “hold” rating and issued a $190.00 price objective (up from $186.00) on shares of Cummins in a research note on Wednesday, November 1st. Piper Jaffray Companies set a $170.00 target price on Cummins and gave the company a “hold” rating in a report on Tuesday, October 31st. Buckingham Research upped their target price on Cummins from $180.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Robert W. Baird reaffirmed a “sell” rating and issued a $155.00 target price on shares of Cummins in a report on Wednesday, November 1st. Finally, Jefferies Group upped their target price on Cummins from $165.00 to $180.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. Cummins currently has a consensus rating of “Hold” and a consensus price target of $178.69.

Cummins (NYSE CMI) opened at $184.18 on Friday. Cummins has a twelve month low of $134.06 and a twelve month high of $185.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.57 and a quick ratio of 1.03. The company has a market capitalization of $30,521.42, a price-to-earnings ratio of 18.70, a PEG ratio of 1.32 and a beta of 1.14.

Cummins (NYSE:CMI) last posted its quarterly earnings results on Tuesday, October 31st. The company reported $2.71 EPS for the quarter, topping the Zacks’ consensus estimate of $2.47 by $0.24. Cummins had a return on equity of 21.28% and a net margin of 8.49%. The firm had revenue of $5.29 billion during the quarter, compared to analyst estimates of $4.79 billion. During the same period last year, the company earned $2.02 earnings per share. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. research analysts anticipate that Cummins will post 10.2 EPS for the current fiscal year.

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Cummins Company Profile

Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products. The Company’s segments include Engine, Distribution, Components and Power Systems. 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.

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