Why Is Cummins (CMI) Down 6% Since Last Earnings Report? The market cap for the stock … Here's what you need to know. Cummins Inc. Common Stock (CMI) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Cummins Inc. released its earnings results Tuesday before the market opened. Cummins just released its earnings which shows that both sales and earnings came in below expectations. By Richard Robinson, Ph.D., Equities Analyst . This article explains why I'm not buying this dip in Cummins, yet. What happened. It has been about a month since the last earnings report for Cummins (CMI - Free Report) .Shares have lost about 6% in that time frame, outperforming the S&P 500. The motor company has said that due to EPA regulations its no longer feasible for them to offer the engine platform. Strong stock performance and a declining price/earnings ratio is a bit of a paradox. The one-year Cummins Inc. stock forecast points to a potential upside of 17.09. The average equity rating for CMI stock is currently 2.60, trading closer to a bullish pattern in the stock market. Shares of Cummins, Inc. struggled on Thursday – with its stock dropping by 4.2% from Wednesday’s close.. What caused the sudden dip? Cummins Inc. (NYSE: CMI) scored price to earnings ratio above its average ratio, recording 7.13 times of increase in earnings at the present. Why Cummins Is Struggling to Reassure Nervous Investors Even a big guidance boost from the engine maker didn't prevent the stock from falling. The shares of engine maker Cummins (NYSE: CMI) rose by 13.5% in June, according to data provided by S&P Global Market Intelligence, a little more than twice the increase in the S&P 500 Index.That continued a solid yearlong advance that left the stock … And also why it's not clear that Cummins shareholders should run for the exit at this point in time. Cummins didn't raise the profit forecast despite strong results, sending the stock down almost 7% post earnings. Why Cummins Stock Dropped 11.5% in December What sent Cummins share price down in December could also fuel its recovery. PROFIT: Profit fell 18% from a year ago to $325 million, or $1.96 a share. CMI Market Performance CMI stocks went down by -21.83% for the week, with the monthly drop of -38.64% and a quarterly performance of -42.69%, while its annual performance rate touched -33.97%. finance.yahoo ... (CMI) to Buy, Sees Global Truck Leading Indicators Dropping - StreetInsider.com www.streetinsider.com - February 13 at 8:31 AM: Cummins Expands Range of Ignition-protected Marine Generators - Yahoo ... Why Cummins Stock … After losing one-third of its value in 2018, Cummins, Inc. (NYSE:CMI) has advanced its share price steadily since the beginning of the year and a positive first-quarter earnings results might provide the … Why Cummins (CMI) Stock Is Down Today Cummins (CMI) shares are lower after the company missed analysts' estimates for earnings in the third quarter and announced job cuts. In 2019 Mopar will be dropping the Cummins platform from all Dodge Ram trucks. The company lowered its full-year guidance as global growth is rapidly declining. Cummins India Limited (NSEI:CUMMINSIND), a machinery company based in India, saw significant share price volatility over the past couple of months on the NSEI, rising to the highs of ₹972.95 and falling to the lows of ₹842.9.This high level of volatility gives investors the opportunity to enter into the stock… Author: Not …