CMI Price Prediction, Cummins AI Recommendations

The most notable companies in this group are Illinois Tool Works (null:ITW), Ingersoll Rand (null:IR), Generac Holdings (null:GNRC).

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

The average market capitalization across the Industrial Machinery Industry is 9.08B. The market cap for tickers in the group ranges from 59.62 to 135.33B. SMAWF holds the highest valuation in this group at 135.33B. The lowest valued company is KRNT at 59.62.

The average weekly price growth across all stocks in the Industrial Machinery Industry was -0%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 7%. QIND experienced the highest price growth at 62%, while ENPRF experienced the biggest fall at -61%.

The average weekly volume growth across all stocks in the Industrial Machinery Industry was 26%. For the same stocks of the Industry, the average monthly volume growth was 20% and the average quarterly volume growth was 33%