The support at 149.66 USD, which is currently being tested, should allow Cummins Inc. shares to move back to the upside. Investors should buy the stock at current prices near $ 149.66 in order to target the $ 163.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
The company returns high margins, thereby supporting business profitability.
The group usually releases upbeat results with huge surprise rates.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
For the past twelve months, EPS forecast has been revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
The stock is in a well-established, long-term rising trend above the technical support level at 132.36 USD
Stock prices approach a strong long-term resistance in weekly data at USD 156.98.
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Designs, manufactures and markets diesel and natural gas enginesCummins, Inc. engages in the design, manufacture, sale and service of diesel and natural gas engines and related technologies, including fuel systems, controls, air handing, filtration, emission, solutions and electrical power...