How to buy Cummins shares

Cummins shares have increased 1.32% from yesterday's closing price ($229.97). Learn how to easily invest in Cummins shares in the UK.

Cummins Inc
NYSE: CMI - USD
$232.85
+ $2.88 ( + 1.25%)
SPECIALTY INDUSTRIAL MACHINERY

Cummins Inc (CMI) is a publicly traded specialty industrial machinery business based in the US. In the week up to 15 March Cummins shares plunged 10.14% to a closing position of $230.49. However, over the last 12 months, Cummins's share price has risen by 13.02% from $206.15. Cummins is listed on the NYSE and employs 73,600 staff. All prices are listed in US Dollars.

How to buy shares in Cummins

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: CMI in this case.
  5. Research Cummins shares. The platform should provide the latest information available.
  6. Buy your Cummins shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
Our top picks for where to buy Cummins shares:

BEST FOR

Welcome Bonus

CMC Invest image

Best for

Beginner investments

IG Share Dealing image

Fees for buying 5x Cummins shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Customer rating Platform fee Min. initial deposit Trading fee estimate
Freetrade logo ★★★★★ £0 £1 £4.29
£956.67 total
Capital at risk
eToro Free Stocks logo ★★★★★ £0 $50 £4.76
£957.15 total
Capital at risk
IG Share Dealing logo ★★★★★ £0 £250 £12.98
£965.37 total
Capital at risk
CMC Invest logo Not yet rated £0 No minimum £4.76
£957.15 total
Capital at risk
Fineco logo ★★★★★ £0 No minimum £9.52
£961.91 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo ★★★★★ £0 £1 £21.47
£973.86 total
Capital at risk
Degiro Share Dealing logo ★★★★★ £0 £0.01 £0.95
£953.34 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Cummins

Is it a good time to buy Cummins stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Promoted
eToro Free Stocks

Invest in Cummins shares

  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Cummins under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Cummins P/E ratio, PEG ratio and EBITDA

Cummins's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Cummins shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cummins's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5664. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cummins's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cummins's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $3.8 billion (£3.1 billion).

The EBITDA is a measure of a Cummins's overall financial performance and is widely used to measure a its profitability.

What's Cummins's ESG track record?

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Cummins.

Overall Cummins ESG score

Cummins's total ESG risk: 19.33

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Cummins's overall score of 19.33 (as at 01/01/2019) is excellent – landing it in it in the 16th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Cummins is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Cummins's environmental score: 5.72/100

Cummins's environmental score of 5.72 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Cummins is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Cummins's social score: 7.67/100

Cummins's social score of 7.67 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Cummins is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Cummins's governance score: 6.45/100

Cummins's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Cummins is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Cummins's controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Cummins scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Cummins has, for the most part, managed to keep its nose clean.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

More guides on Finder

  • How to buy STAG Industrial shares

    Ever wondered how to buy shares in STAG Industrial? We explain how and compare a range of providers that can give you access to many brands, including STAG Industrial.

  • How to buy Camtek shares

    Ever wondered how to buy shares in Camtek? We explain how and compare a range of providers that can give you access to many brands, including Camtek.

  • How to buy Axalta Coating Systems shares

    Ever wondered how to buy shares in Axalta Coating Systems? We explain how and compare a range of providers that can give you access to many brands, including Axalta Coating Systems.

  • How to buy The Eastern Company shares

    Ever wondered how to buy shares in The Eastern Company? We explain how and compare a range of providers that can give you access to many brands, including The Eastern Company.

  • How to buy Ultralife shares

    Ever wondered how to buy shares in Ultralife? We explain how and compare a range of providers that can give you access to many brands, including Ultralife.

  • How to buy Sensient Technologies shares

    Ever wondered how to buy shares in Sensient Technologies? We explain how and compare a range of providers that can give you access to many brands, including Sensient Technologies.

  • How to buy Covanta Holding shares

    Ever wondered how to buy shares in Covanta Holding? We explain how and compare a range of providers that can give you access to many brands, including Covanta Holding.

  • How to buy Cabot Microelectronics shares

    Ever wondered how to buy shares in Cabot Microelectronics? We explain how and compare a range of providers that can give you access to many brands, including Cabot Microelectronics.

  • How to buy Broadwind shares

    Ever wondered how to buy shares in Broadwind? We explain how and compare a range of providers that can give you access to many brands, including Broadwind.

  • How to buy Veeco Instruments shares

    Ever wondered how to buy shares in Veeco Instruments? We explain how and compare a range of providers that can give you access to many brands, including Veeco Instruments.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site