CMI NYSE Week ended 31 Jul 2026

Weekly Investor Report

Cummins Inc · Industrials · Specialty Industrial Machinery

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Latest close 634.2 USD
-4.6% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 2.9% above the Trend Line and sits at 73.2% of its 52-week range. The latest completed week returned -4.6%, after a -4.2% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers. Options positioning is volatility with 50/100 conviction, while the latest news-sentiment score is 58/100. Near-term considerations: earnings are due in 0d.

Setup score 57 out of 100
Latest Close 634.2 USD 31 Jul 2026
1W Return -4.6% latest completed week
4W Return -4.2% short-term follow-through
12W Return -6.4% quarterly tape
Trend Breadth 98.1% 51 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
What is working
  • The trend backdrop is active with a 51-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Next-week expectancy is positive at 57.26% based on similar historical setup states.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 14 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -4.6% Latest completed week; four-week move -4.2%. Indicator stack 99/22 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 57.26% Historical one-week expectancy contributes to the evidence score when direction is confirmed. Options pressure Volatility 50/100 conviction; expected move 10.1%. News sentiment 58/100 50 relevant articles in the latest sentiment read. Event risk 0d Next report is scheduled for 04 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 2.9% above the Trend Line and sits at 73.2% of its 52-week range. The latest completed week returned -4.6%, after a -4.2% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.1x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8112-week average 0.82

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure10/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.81Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1414 reversal markers

No recent accumulation markers. 14 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -4.2% over four weeks, -6.4% over 12 weeks, and 81.0% over one year. The current trend has remained active for 51 consecutive weeks.

Performance by holding period

1W-4.6%
4W-4.2%
12W-6.4%
26W10.3%
52W81.0%
Active trend streak51 weeks
Active weeks in one year51
Trend breadth98.1%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.71Latest activity-pressure read.
Pressure change-191.3%Four-week change in activity pressure.
Leadership8.11Latest relative-leadership reading.
RS change-51.7%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 02 Aug 2026 Financial statements through 31 Mar 2026 Field coverage 100% Model confidence 95%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength42/100Blend of value, momentum, and quality. Underlying universe rank 59; rank 1 is best.
Value10/100Relative valuation strength. Underlying universe rank 91; rank 1 is best.
Quality77/100Profitability and accounting quality. Underlying universe rank 24; rank 1 is best.
Momentum85/100Medium-term price momentum. Underlying universe rank 16; rank 1 is best.
Growth13/100Revenue and earnings growth. Underlying universe rank 88; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework35/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
32.7x
Price divided by trailing earnings.
Price / sales
2.6x
Market value relative to trailing revenue.
EV / EBITDA
18.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
5.5%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
25.4%
Gross profit retained from each unit of revenue.
Operating margin
11.8%
Operating profit retained from revenue.
Free-cash-flow margin
15.3%
Free cash flow generated from revenue.
Return on invested capital
16.3%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
0.1%
Latest one-year revenue growth.
EPS growth
-3.7%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
115.6%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
1.3%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
1.3%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningVolatility

CMI shows volatility options pressure with a 50/100 conviction score, put-call volume ratio of 2.00, expected move of 10.1%, and Sharemaestro trend signal active.

Conviction50/100
Expected move10.1%
Put/call volume2.00
Pressure-33
Speculation42
Volatility78
Trend agreement73
Open options detail
Insider activity8 / 12

8 acquisitions and 12 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment58/100

Weighted news tone is neutral across 50 relevant articles.

24 positive · 24 neutral · 2 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings0dNext report is scheduled for 04 Aug 2026; event risk rises as the date approaches.
Options expected move10.1%Nearest-chain priced movement where available.
52-week drawdown-14.0%Distance below the 52-week high.
13-week volatility4.3%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+12.1%Week of 10 Apr.
Worst week-7.9%Week of 22 May.
Latest week-4.6%Week of 31 Jul.

Shape of recent returns

Strong gains5
Modest gains8
Flat weeks0
Modest losses8
Sharp losses5
Recent vol4.3%13-week weekly-return volatility.
Base vol3.9%52-week weekly-return volatility.
Up/down split31/21Count of positive and negative weeks in the 52-week window.
Average skew3.7% / -2.4%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape62/100

Trend, activity pressure, participation, and risk combine to a 62/100 tape read.

 Indicator analysis76/100

Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.

Activity pressure 0.81; 14 reversal markers Next-Week ExpectancyPositive 57.26%

Next-week expectancy is positive with a 57.26% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors52/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 63 SVQF35/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 658.5 of 1014 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options56/100

CMI shows volatility options pressure with a 50/100 conviction score, put-call volume ratio of 2.00, expected move of 10.1%, and Sharemaestro trend signal active.

Volatility · Volatility expansion watch · Expected move 10.1% Sentiment58/100

Weighted news tone is neutral across 50 relevant articles.

Cummins: Q2 Earnings Snapshot Insiders8 / 12

8 acquisitions and 12 disposals in the latest 180-day insider tape.

 Earnings0d

Next report is scheduled for 04 Aug 2026; event risk rises as the date approaches.

 Research flow2 items

1 recent research articles and 1 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 2026634.2 USD-4.6%616.5 USD371.1 USD-0.718.115.6MOn
24 Jul 2026664.6 USD2.5%612.6 USD368.4 USD-0.4715.343.7MOn
17 Jul 2026648.5 USD-4.1%607.7 USD365.7 USD0.0212.774.5MOn
10 Jul 2026676.0 USD2.2%602.8 USD363.1 USD0.5916.654.1MOn
3 Jul 2026661.7 USD-3.5%597.2 USD360.3 USD0.7716.783.5MOn
26 Jun 2026685.9 USD-4.3%592.0 USD357.5 USD0.9024.817.8MOn
19 Jun 2026716.9 USD8.7%585.7 USD354.6 USD0.6928.706.1MOn
12 Jun 2026659.6 USD1.3%577.4 USD351.4 USD0.4720.874.7MOn
5 Jun 2026651.2 USD0.7%570.7 USD348.6 USD0.5121.154.7MOn
29 May 2026646.6 USD1.1%564.6 USD345.8 USD0.6318.353.9MOn
22 May 2026639.5 USD-7.9%557.5 USD342.9 USD0.6419.755.3MOn
15 May 2026694.4 USD2.5%550.1 USD340.1 USD0.5732.254.5MOn
8 May 2026677.4 USD3.4%540.5 USD337.0 USD0.3430.656.0MOn
1 May 2026655.4 USD-0.5%531.5 USD333.9 USD0.0330.743.4MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.