NASDAQ Stocks - Cummins Inc in MARKETS - CMP: $115
Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power ...
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03-04-2013 02:21 PM
Cummins Inc
CMP: $115
Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems.
Cummins is nearly a $22 Billion market cap company trading at a P/E of 13. Revenues have risen from $13.22 Billion to $17.33 Billion in the last 2 years. Profits have risen from $1.04 Billion to $1.65 Billion in the last 2 years. Profit margins have moved up smartly from less than 8% to well over 9% in the last 2 years. With minimal long term debt, it looks a good buy for long term.
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