Among the winners on Friday, May 6, as measured by share price increases, were Cummins Inc. (CMI), Veeco Instruments (VECO), Vmware (VMW), Kinder Morgan (KMR) and Penn West Petroleum (PWE).
Cummins Inc. (CMI) was up $1.35, to close at $117.24, a gain of 1.16 percent.
Veeco Instruments (VECO) jumped $1.34 on the day to close at $51.00, an increase of 2.70 percent.
Vmware (VMW) rose $1.46 to close at $92.98, a boost of 1.46 percent.
Kinder Morgan (KMR) soared $1.34 to close the session at $64.99, a gain of 2.11 percent.
Penn West Petroleum (PWE) surged $1.33 to end the day at $24.91, climbing 5.64 percent.
Showing posts with label Cummins. Show all posts
Showing posts with label Cummins. Show all posts
Monday, May 9, 2011
Monday, May 2, 2011
Dividend Yields for (PCAR) (CMI) (FAST) (FLR) (JOYG)
Indicated dividend yields for Standard & Poor's 500 Index companies PACCAR Inc (PCAR), Cummins Inc (CMI), Fastenal Co (FAST), Fluor Corp (FLR) and Joy Global Inc (JOYG).
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
PACCAR Inc (PCAR) has a dividend yield of 0.90 percent on a declared dividend of $0.12. The payout ratio is 22.7 percent.
Cummins Inc (CMI) has a dividend yield of 0.87 percent on a declared dividend of $0.26. The payout ratio is 14.9 percent.
Fastenal Co (FAST) has a dividend yield of 0.78 percent on a declared dividend of $0.26. The payout ratio is 92.7 percent.
Fluor Corp (FLR) has a dividend yield of 0.71 percent on a declared dividend of $0.12. The payout ratio is 19.0 percent.
Joy Global Inc (JOYG) has a dividend yield of 0.69 percent on a declared dividend of $0.17. The payout ratio is 17.8 percent.
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
PACCAR Inc (PCAR) has a dividend yield of 0.90 percent on a declared dividend of $0.12. The payout ratio is 22.7 percent.
Cummins Inc (CMI) has a dividend yield of 0.87 percent on a declared dividend of $0.26. The payout ratio is 14.9 percent.
Fastenal Co (FAST) has a dividend yield of 0.78 percent on a declared dividend of $0.26. The payout ratio is 92.7 percent.
Fluor Corp (FLR) has a dividend yield of 0.71 percent on a declared dividend of $0.12. The payout ratio is 19.0 percent.
Joy Global Inc (JOYG) has a dividend yield of 0.69 percent on a declared dividend of $0.17. The payout ratio is 17.8 percent.
Dividend Winners (CRR) (OXY) (NSC) (CMI) Last Week
Carbo Ceramics Inc. (NYSE:CRR), Occidental Petroleum Corporation (NYSE:OXY), Norfolk Souther Corporation (NYSE:NSC) and Cummins Inc. (CMI) were among the biggest dividend winners last week.
Carbo Ceramics Inc. (CRR) closed at $160.94, down $1.58, or 0.97 percent, but still bringing the dividend to +15.43 percent, gaining 0.50 on Friday.
Occidental Petroleum Corporation (OXY) closed at $114.29, up $9.16, or 8.71 percent, resulting in a the dividend +13.69 percent, or 1.61 percent on Friday.
Norfolk Souther Corporation (NSC) closed at $74.68, bringing the dividend to +12.69 percent for the week and 2.14 percent Friday.
Cummins Inc. (CMI) closed at $120.18, bringing the dividend to +10.32 percent on the week and 0.87 percent Friday.
Carbo Ceramics Inc. (CRR) closed at $160.94, down $1.58, or 0.97 percent, but still bringing the dividend to +15.43 percent, gaining 0.50 on Friday.
Occidental Petroleum Corporation (OXY) closed at $114.29, up $9.16, or 8.71 percent, resulting in a the dividend +13.69 percent, or 1.61 percent on Friday.
Norfolk Souther Corporation (NSC) closed at $74.68, bringing the dividend to +12.69 percent for the week and 2.14 percent Friday.
Cummins Inc. (CMI) closed at $120.18, bringing the dividend to +10.32 percent on the week and 0.87 percent Friday.
Thursday, April 28, 2011
Amazon.com (AMZN) (CMI) (F) (RFMD) (UA) Get EPS Changes from Analysts
Amazon.com, Inc. (NASDAQ: AMZN), Cummins (NYSE: CMI), Ford (NYSE: F), RF Micro Device (NASDAQ: RFMD) and Under Armour, Inc. (NYSE: UA) get EPS changes from analysts.
Credit Suisse (NYSE:CS) raised their EPS on Amazon.com, Inc. (AMZN). They have a “Neutral” rating and a EPS target of $3.63 on the Internet retailer. They previously had a $4.84 EPS estimate on the company.
Goldman Sachs (NYSE:GS) raised their EPS estimate on Cummins (CMI). They have a “Buy” rating and a price target of $150 on them.
Goldman Sachs boosted its EPS estimate shares of Ford (F). They have a “Buy” rating on them and a price target of $20.
UBS AG (NYSE:UBS) lowered their EPS estimates on RF Micro Device (RFMD). They have a “Neutral” rating and a $6.50 price target on the firm.
Goldman Sachs raised their EPS estimate on Under Armour, Inc. (UA). They have a “Neutral” rating and a price target of $67 on the company.
Credit Suisse (NYSE:CS) raised their EPS on Amazon.com, Inc. (AMZN). They have a “Neutral” rating and a EPS target of $3.63 on the Internet retailer. They previously had a $4.84 EPS estimate on the company.
Goldman Sachs (NYSE:GS) raised their EPS estimate on Cummins (CMI). They have a “Buy” rating and a price target of $150 on them.
Goldman Sachs boosted its EPS estimate shares of Ford (F). They have a “Buy” rating on them and a price target of $20.
UBS AG (NYSE:UBS) lowered their EPS estimates on RF Micro Device (RFMD). They have a “Neutral” rating and a $6.50 price target on the firm.
Goldman Sachs raised their EPS estimate on Under Armour, Inc. (UA). They have a “Neutral” rating and a price target of $67 on the company.
Regeneron (REGN) (HSP) (SYMC) (CMI) (CPLA) get Ratings Initiations
Regeneron Pharms (NASDAQ:REGN), Hospira (NYSE:HSP), Symantec (NASDAQ:SYMC), Cummins (NYSE:CMI) and Capella Education (NASDAQ:CPLA) had analysts initiate coverage on them.
Regeneron Pharms (REGN) was started off with an "Overweight" rating by Barclays Capital, which has a price target of $64 on the company.
Hospira (HSP) was started off with an "Overweight" rating by Barclays Capital, with a price target of $64.
Symantec (SYMC) was initiated with a "Buy" rating by UBS (NYSE:UBS), with a price target of $22 on them.
Cummins (CMI) was initiated at a "Buy" rating by UBS, with a price target of $135.
Capella Education (CPLA) was started off with a "Sector Perform" rating by RBC Capital, which placed a price target of $52 on the company.
Regeneron Pharms (REGN) was started off with an "Overweight" rating by Barclays Capital, which has a price target of $64 on the company.
Hospira (HSP) was started off with an "Overweight" rating by Barclays Capital, with a price target of $64.
Symantec (SYMC) was initiated with a "Buy" rating by UBS (NYSE:UBS), with a price target of $22 on them.
Cummins (CMI) was initiated at a "Buy" rating by UBS, with a price target of $135.
Capella Education (CPLA) was started off with a "Sector Perform" rating by RBC Capital, which placed a price target of $52 on the company.
Friday, March 11, 2011
Motorola Solutions (MSI), Adobe (ADBE), Symantec (SYMC), Cummins (CMI), Aetna (AET) Executives Join Government Board
A government board put together for the purpose of studying how to streamline the government was added to again, as executives from Motorola Solutions (NYSE:MSI), Adobe Systems (NADSAQ:ADBE), Symantec Corp (NASDAQ:SYMC), Cummins (NYSE:CMI) and Aetna (NYSE:AET) joined the entity.
The administration official releasing the information said the board will advise Obama on how to improve the government's efficiency and effectiveness.
I'm not sure why executives are taking time from their productive work to waste efforts on this, as what part of limiting the size of government doesn't Obama and the majority of politicians in Washington not understand.
They can't continue to kick the can down the road, as the length of the road is coming to an end, and someone has to make the right decisions for this country to economically survive.
Those named to the board are Aetna (NYSE:AET) Chairman Ronald Williams, Symantec (NASDAQ:SYMC) CEO Enrique Salem, OSI Restaurant Partners (OSI.UL) CEO Elizabeth Smith and Cummins (NYSE:CMI) CEO Tim Solso.
Other executives named to the board include BET Networks CEO Debra Lee, Motorola Solutions Chief Executive Greg Brown, Adobe CEO Shantanu Narayen Sabre Holdings (TSG.UL) CEO Sam Gilliland, former Pfizer Inc (NYSE:PFE) CEO Jeffrey Kindler and American Red Cross CEO Gail McGovern.
The administration official releasing the information said the board will advise Obama on how to improve the government's efficiency and effectiveness.
I'm not sure why executives are taking time from their productive work to waste efforts on this, as what part of limiting the size of government doesn't Obama and the majority of politicians in Washington not understand.
They can't continue to kick the can down the road, as the length of the road is coming to an end, and someone has to make the right decisions for this country to economically survive.
Those named to the board are Aetna (NYSE:AET) Chairman Ronald Williams, Symantec (NASDAQ:SYMC) CEO Enrique Salem, OSI Restaurant Partners (OSI.UL) CEO Elizabeth Smith and Cummins (NYSE:CMI) CEO Tim Solso.
Other executives named to the board include BET Networks CEO Debra Lee, Motorola Solutions Chief Executive Greg Brown, Adobe CEO Shantanu Narayen Sabre Holdings (TSG.UL) CEO Sam Gilliland, former Pfizer Inc (NYSE:PFE) CEO Jeffrey Kindler and American Red Cross CEO Gail McGovern.
Friday, February 25, 2011
Choose Mosaic (MOS), Las Vegas Sands (LVS), State Street (STT), Cummins (CMI), Alcoa (AA), Cameco (CCJ) if Unrest Wanes
If the current unrest in the Middle East begins to wane, Vadim Zlotnikov, a strategist at BernsteinResearch, says he would choose stocks like Mosaic (MOS), Las Vegas Sands (LVS), State Street (STT), Cummins (CMI), Alcoa (AA) and Cameco (CCJ).
Assuming unrest continues, he would choose plays such as Chevron (CVX) and Conoco (COP), Bristol Myers (BMY), Sony (SNE) and DirecTV (DTV).
Big increases in the VIX, also known as the fear index, tend to weigh especially heavily on companies whose earnings prospects are tied closely to economic growth. These so-called procyclical stocks won't look like a good bet if the unrest in Libya intensifies and the New York price of oil soars to, say, $120 a barrel.
But Zlotnikov says he doesn't expect that to happen – which should be good news for the global economy and companies whose profits are strongly tied to global growth.
"While potential for spread of unrest to other major oil producing countries is clearly possible, this is not our base case as governments of oil-producing countries will seek to mitigate unrest through wage and other concessions," he writes. "Under the scenario of sustainable $100 oil during 2011, the adverse economic impact should be contained and a 'normal' decline in VIX should ensue during the next couple of weeks."
Full Story
Assuming unrest continues, he would choose plays such as Chevron (CVX) and Conoco (COP), Bristol Myers (BMY), Sony (SNE) and DirecTV (DTV).
Big increases in the VIX, also known as the fear index, tend to weigh especially heavily on companies whose earnings prospects are tied closely to economic growth. These so-called procyclical stocks won't look like a good bet if the unrest in Libya intensifies and the New York price of oil soars to, say, $120 a barrel.
But Zlotnikov says he doesn't expect that to happen – which should be good news for the global economy and companies whose profits are strongly tied to global growth.
"While potential for spread of unrest to other major oil producing countries is clearly possible, this is not our base case as governments of oil-producing countries will seek to mitigate unrest through wage and other concessions," he writes. "Under the scenario of sustainable $100 oil during 2011, the adverse economic impact should be contained and a 'normal' decline in VIX should ensue during the next couple of weeks."
Full Story
Wednesday, February 2, 2011
Cummins' (NYSE:CMI) Solid Quarter Brings Yawns from Investors
Cummins (NYSE:CMI) is apparently a victim of their own success, as their latest quarterly earnings, which would have been solid for most companies, didn't do much for investors who have recently been used to blowout results.
That's not to say the 34 percent increase in earnings isn't significant, just that when the last four quarters were between 138 percent to 317 percent, the smaller number looks rather paltry in investors' view.
Concerning a drop in sales for the fourth quarter, Cummins said it was from weaker truck engine sales in the North American market.
Other segments that did do well were distribution and engine components, which hit new records for the company.
Guidance was good from the company, which said 2011 sales would reach $16 billion, an increase of 21 percent.
Cummins closed Tuesday at $107.41, gaining $1.53, or 1.45 percent.
That's not to say the 34 percent increase in earnings isn't significant, just that when the last four quarters were between 138 percent to 317 percent, the smaller number looks rather paltry in investors' view.
Concerning a drop in sales for the fourth quarter, Cummins said it was from weaker truck engine sales in the North American market.
Other segments that did do well were distribution and engine components, which hit new records for the company.
Guidance was good from the company, which said 2011 sales would reach $16 billion, an increase of 21 percent.
Cummins closed Tuesday at $107.41, gaining $1.53, or 1.45 percent.
Monday, January 3, 2011
Netflix (Nasdaq:NFLX), F5 Networks (Nasdaq:FFIV), Cummins (NYSE:CMI) Top S&P Performers in 2010
Netflix (Nasdaq:NFLX), F5 Networks (Nasdaq:FFIV) and Cummins (NYSE:CMI) were the top performers on the S&P 500 in 2010, with Netflix and Cummins being added a couple of weeks before the end of the year, helping boost the index to its second straight positive year, although generating some doubt as to the integrity of the index.
Netflix ended the year up 226.4 percent, trading from a range of $48.52 to $209.24. F5 Networks ended the year up $150 percent, with a trading range of $47.11 to $143.75. Cummins was just behind at a 140.2 percent gain, with a trading range on the year of $44.84 to $111.87.
Netflix closed the year off at $175.70, down on Friday by $4.10, or 2.28 percent. F5 Networks ended the year at $130.16, down $2.25 on Friday, or 1.70 percent. Cummins closed out at $110.01, down $0.15, or 0.14, on Friday.
Netflix ended the year up 226.4 percent, trading from a range of $48.52 to $209.24. F5 Networks ended the year up $150 percent, with a trading range of $47.11 to $143.75. Cummins was just behind at a 140.2 percent gain, with a trading range on the year of $44.84 to $111.87.
Netflix closed the year off at $175.70, down on Friday by $4.10, or 2.28 percent. F5 Networks ended the year at $130.16, down $2.25 on Friday, or 1.70 percent. Cummins closed out at $110.01, down $0.15, or 0.14, on Friday.
Monday, December 13, 2010
Navistar (NYSE:NAV), Cummins (NYSE:CMI), PACCAR (Nasdaq:PCAR) Bullish on Class 8 Outlook
Citing stronger fundamentals based on Class 8 orders, Barclays (NYSE:BCS) likes Navistar (NYSE:NAV), Cummins (NYSE:CMI) and PACCAR (Nasdaq:PCAR) in the sector.
Barclays said, "We believe we are at the beginning of a solid recovery in the NAFTA truck market, which should continue for the next few years. The fleet has aged past prior peak levels, used truck availability is low, and we see an improving freight environment. We are increasing NAFTA retail sales for Class 8 to 230K from 210K for 2011 to reflect improving fundamentals and constructive dealer channel checks.
"November's Net Order Data supports our view that Class 8 momentum is building: ACT released its Preliminary Net Order figures for November last week, with Class 8 orders at 26.3K, an increase of 39% sequentially and 149% y/y....
"We adjust our models for Cummins, Navistar, and PACCAR to reflect our more bullish Class 8 outlook. Positive trends in Class 8 should have a significant impact on overall revenues and profitability for our trucking names in 2011. We are adjusting our numbers as a result of these improving truck fundamentals and indicators, including ATA Tonnage. The revision to our CMI model also reflects broader margins following constructive meetings with management on Wednesday. We reiterate our OW rating on CMI and our 2-EW ratings on NAV (raises PT from $47 to $50) and PCAR (PT increased from $51 to $54)."
Navistar closed Friday at $58.03, down $0.07, or 0.12 percent. Cummins closed at $105.03, up $0.78, or 0.75 percent. PACCAR ended the session at $56.71, up $0.47, or 0.84 percent.
Barclays said, "We believe we are at the beginning of a solid recovery in the NAFTA truck market, which should continue for the next few years. The fleet has aged past prior peak levels, used truck availability is low, and we see an improving freight environment. We are increasing NAFTA retail sales for Class 8 to 230K from 210K for 2011 to reflect improving fundamentals and constructive dealer channel checks.
"November's Net Order Data supports our view that Class 8 momentum is building: ACT released its Preliminary Net Order figures for November last week, with Class 8 orders at 26.3K, an increase of 39% sequentially and 149% y/y....
"We adjust our models for Cummins, Navistar, and PACCAR to reflect our more bullish Class 8 outlook. Positive trends in Class 8 should have a significant impact on overall revenues and profitability for our trucking names in 2011. We are adjusting our numbers as a result of these improving truck fundamentals and indicators, including ATA Tonnage. The revision to our CMI model also reflects broader margins following constructive meetings with management on Wednesday. We reiterate our OW rating on CMI and our 2-EW ratings on NAV (raises PT from $47 to $50) and PCAR (PT increased from $51 to $54)."
Navistar closed Friday at $58.03, down $0.07, or 0.12 percent. Cummins closed at $105.03, up $0.78, or 0.75 percent. PACCAR ended the session at $56.71, up $0.47, or 0.84 percent.
Cummins (NYSE:CMI) Margins, Earnings Outperforming
Cummins continues to outperform, with revenue, margins, and earnings exceed estimates.
Barclays (NYSE:BCS) said, "We had the opportunity to host Cummins management for a series of investor meetings yesterday: We came away with renewed conviction in the magnitude of runway that still remains for the organization both with respect to top line growth and continued margin expansion. While FY10 earnings are poised to surpass prior peaks, management believes it is still relatively early in the cycle for the organization...We remain impressed with the breadth of top-line growth opportunities...We believe that when the company offers revised margin targets, management could set stretch goals for the organization."
Barclays maintains an "Overweight' on Cummins (NYSE:CMI), which closed Friday at $105.03, up $0.78, or 0.75 percent. They raised their price target on them from $113 to $120.
Barclays (NYSE:BCS) said, "We had the opportunity to host Cummins management for a series of investor meetings yesterday: We came away with renewed conviction in the magnitude of runway that still remains for the organization both with respect to top line growth and continued margin expansion. While FY10 earnings are poised to surpass prior peaks, management believes it is still relatively early in the cycle for the organization...We remain impressed with the breadth of top-line growth opportunities...We believe that when the company offers revised margin targets, management could set stretch goals for the organization."
Barclays maintains an "Overweight' on Cummins (NYSE:CMI), which closed Friday at $105.03, up $0.78, or 0.75 percent. They raised their price target on them from $113 to $120.
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