Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Cummins Inc. (NYSE: CMI) weakened during the last several trading days. CMI’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 1/10/25, Cummins Inc. (NYSE: CMI) stock declined modestly by -1.4%, closing at $354.88. Trading volume in this decline was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.8% during the last week.
Current PriceTarget Research Rating
Cummins has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cummins has a slightly negative Appreciation Score of 34 but a very high Power Rating of 86, resulting in the High Neutral Value Trend Rating.
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