Here's Why Cummins (CMI) is a Strong Value Stock
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.The Style Scores are broken down into four categories:Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.That's where the Style Scores come in.To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Cummins (CMI) Cummins Inc. is a leading global designer, manufacturer and distributor of diesel and natural gas engines and powertrain-related component products. Powertrain components include fuel systems, turbochargers, transmissions, batteries and electrified power systems, among others. Headquartered in Columbus, IN, the company offers products to original equipment manufacturers (OEMs), distributors and dealers through a network of roughly 600 company-owned and independent distributor facilities in over 9,000 dealer locations in more than 190 countries and territories.CMI is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 18.36; value investors should take notice.For fiscal 2024, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.98 to $20.68 per share. CMI boasts an average earnings surprise of 4.2%.With a solid Zacks Rank and top-tier Value and VGM Style Scores, CMI should be on investors' short list.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. 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Ausgewählte Hebelprodukte auf Cummins
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Cummins
Der Hebel muss zwischen 2 und 20 liegen
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Quelle: Zacks
Nachrichten zu Cummins Inc.
Analysen zu Cummins Inc.
Datum | Rating | Analyst | |
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16.07.2019 | Cummins Hold | Standpoint Research | |
07.02.2019 | Cummins Perform | Oppenheimer & Co. Inc. | |
10.07.2018 | Cummins Buy | Stifel, Nicolaus & Co., Inc. | |
18.06.2018 | Cummins Buy | Standpoint Research | |
24.01.2018 | Cummins Equal Weight | Barclays Capital |
Datum | Rating | Analyst | |
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10.07.2018 | Cummins Buy | Stifel, Nicolaus & Co., Inc. | |
18.06.2018 | Cummins Buy | Standpoint Research | |
01.11.2017 | Cummins Hold | Stifel, Nicolaus & Co., Inc. | |
02.08.2017 | Cummins Hold | Stifel, Nicolaus & Co., Inc. | |
15.06.2017 | Cummins Hold | Stifel, Nicolaus & Co., Inc. |
Datum | Rating | Analyst | |
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16.07.2019 | Cummins Hold | Standpoint Research | |
07.02.2019 | Cummins Perform | Oppenheimer & Co. Inc. | |
24.01.2018 | Cummins Equal Weight | Barclays Capital | |
13.12.2017 | Cummins Equal Weight | Barclays Capital | |
02.11.2017 | Cummins Sector Perform | RBC Capital Markets |
Datum | Rating | Analyst | |
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07.09.2016 | Cummins Sell | Deutsche Bank AG | |
21.04.2016 | Cummins Underperform | Robert W. Baird & Co. Incorporated | |
13.04.2016 | Cummins Underweight | Barclays Capital | |
28.10.2015 | Cummins Underweight | Barclays Capital | |
01.11.2006 | Update Cummins Inc.: Sell | Longbow |
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Cummins Inc. nach folgenden Kriterien zu filtern.
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