Cummins: High Valuation, Sluggish Cash Flow, Rising Debt, Sell And Revisit In 2024
Elevated valuation: Cummins Inc.'s current valuation is elevated and may be unsustainable in the long term, indicating limited upside potential. Sluggish cash flow: The company's cash flow production has been sluggish, while debt has been increasing, and intangibles and goodwill represent a significant portion of its equity.
Seeking Alpha
22 Tage alt
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Neutral
Cummins, Inc. (CMI) Presents at Barclays 2023 Industrial Select Conference (Transcript)
Cummins, Inc. (NYSE:CMI ) Barclays 2023 Industrial Select Conference February 23, 2023 10:55 AM ET Company Participants Jeff Wiltrout - Vice President, Corporate Strategy Christopher Clulow - VP of Investor Relations Conference Call Participants Adam Seiden - Barclays Adam Seiden My name is Adam Seiden. I'm the U.S. machinery construction head here at Barclays.
Cummins sees its Atmus Filtration business file for an IPO
Cummins Inc.'s CMI, -2.40% filtration business filed a registration statement for an initial public offering Tuesday. The Atmus Filtration Technologies business is looking to list on the New York Stock exchange under the ticker symbol “ATMU.
Seeking Alpha
etwa ein Monat alt
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Positiv
Cummins Is Thriving
Cummins delivered record revenue and earnings in 2022. CMI has substantially outperformed the S&P 500 over the past 3 years.
FreightWaves
etwa ein Monat alt
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Positiv
Cummins replaces 2 legacy engines with new X10 powertrain
Cummins Inc. will retire its L9 and X12 legacy engines, replacing them with a new X10 engine capable of powering medium- and heavy-duty trucks on a variety of fuels. The move is consistent with Cummins' plan to offer its X15 engine family powered by natural gas, hydrogen, propane and possibly other combustible fuels as an interim solution along with zero-emission battery- and fuel cell-electric...
FreightWaves
etwa ein Monat alt
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Positiv
Cummins on board for solid '23 in truck equipment
Engine maker Cummins Inc. tracks with OEM projections for solid North American demand for new trucks for at least the first half of 2023. If the Chinese market recovers, look for a possible profit spike.
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