Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00100038925652007 0 0 0
Stock impact report

Cummins craters after pulling guidance; analysts warn on demand [Seeking Alpha]

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
On the Move Cummins craters after pulling guidance; analysts warn on demand Mar. 23, 2020 3:56 PM ET | Cummins Inc. (CMI) Carl Surran Cummins ( -11% on Friday Citi analyst Timothy Thein says Cummins' operations are being hurt by a temporary shutdown of pickup truck production, and more significantly to the company, its heavy duty customers are slowing build rates further. Baird's David Leiker notes some commercial vehicle manufacturers have announced plant downtime in North America, including Volvo/Mack and Navistar, but he thinks "the lack of coordinated shutdowns between truck makers is likely to make the operating environment more challenging for Cummins." Bloomberg analyst Christopher Ciolino says the the bigger concern is a collapse in end-market demand, noting further shutdowns may follow with customers cutting production and with potential supplier shortages and government mandates. See all stocks on the move » Now read: Dover To Acquire Em-tec For Medical Flow Measuremen Show less Read more
Impact Snapshot
Event Time:
CMI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CMI alerts
Opt-in for
CMI alerts

from News Quantified
Opt-in for
CMI alerts

from News Quantified