Company Overview - Cummins Inc. is a leading global designer, manufacturer, and distributor of diesel and natural gas engines and powertrain-related component products [11] - The company offers products to original equipment manufacturers (OEMs), distributors, and dealers through a network of approximately 650 company-owned and independent distributor facilities in over 19,000 dealer locations across more than 190 countries and territories [11] Investment Ratings - Cummins Inc. currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [12] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 5.2% for the current fiscal year [12] Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by 22.47 per share [12] - Cummins Inc. has an average earnings surprise of 8.3%, suggesting a positive trend in earnings performance [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Cummins Inc. is recommended for investors' consideration [13]
Here's Why Cummins (CMI) is a Strong Growth Stock