Cummins traded at $674.88 this Tuesday May 5th, increasing $18.15 or 2.76 percent since the previous trading session. Looking back, over the last four weeks, Cummins gained 22.26 percent. Over the last 12 months, its price rose by 126.21 percent. Looking ahead, we forecast Cummins to be priced at 643.77 by the end of this quarter and at 604.42 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cummins Inc. designs, manufactures, distributes and services diesel and natural gas, electric and hybrid powertrains and powertrain-related components. The Company's segments include Engine, Distribution, Components, Power Systems and New Power. The Engine segment manufactures and markets a range of diesel and natural gas-powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck. The Distribution segment consists of sales and support of a range of products and services, including power generation systems, horsepower engines, and in-shop and field-based repair services. The Components segment supplies products, including aftertreatment systems, turbochargers, filtration products, electronics and fuel systems. The Power Systems segment consists of businesses, including Power generation, Industrial and Generator technologies. New Power segment designs, manufactures, sells and supports hydrogen production solutions.