CMCO vs. ASTE, PLOW, MTW, VMI, KAI, NPO, JBT, MWA, ESE, and AIN
Should you be buying Columbus McKinnon stock or one of its competitors? The main competitors of Columbus McKinnon include Astec Industries (ASTE), Douglas Dynamics (PLOW), Manitowoc (MTW), Valmont Industries (VMI), Kadant (KAI), Enpro (NPO), John Bean Technologies (JBT), Mueller Water Products (MWA), ESCO Technologies (ESE), and Albany International (AIN).
Astec Industries (NASDAQ:ASTE) and Columbus McKinnon (NASDAQ:CMCO) are both small-cap industrial products companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, media sentiment, institutional ownership, risk, earnings, profitability, community ranking, analyst recommendations and valuation.
In the previous week, Columbus McKinnon had 3 more articles in the media than Astec Industries. MarketBeat recorded 10 mentions for Columbus McKinnon and 7 mentions for Astec Industries. Columbus McKinnon's average media sentiment score of 0.88 beat Astec Industries' score of 0.65 indicating that Astec Industries is being referred to more favorably in the media.
Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.6%. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Columbus McKinnon pays out 16.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Astec Industries has increased its dividend for 3 consecutive years and Columbus McKinnon has increased its dividend for 2 consecutive years. Astec Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Columbus McKinnon has a net margin of 4.86% compared to Columbus McKinnon's net margin of 1.91%. Astec Industries' return on equity of 9.88% beat Columbus McKinnon's return on equity.
Columbus McKinnon has lower revenue, but higher earnings than Astec Industries. Columbus McKinnon is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.
Astec Industries received 117 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.34% of users gave Columbus McKinnon an outperform vote.
Astec Industries currently has a consensus price target of $43.50, indicating a potential upside of 32.86%. Columbus McKinnon has a consensus price target of $50.00, indicating a potential upside of 13.82%. Given Columbus McKinnon's higher probable upside, equities research analysts clearly believe Astec Industries is more favorable than Columbus McKinnon.
Astec Industries has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Columbus McKinnon has a beta of 1.27, meaning that its share price is 27% more volatile than the S&P 500.
93.2% of Astec Industries shares are owned by institutional investors. Comparatively, 96.0% of Columbus McKinnon shares are owned by institutional investors. 0.7% of Astec Industries shares are owned by company insiders. Comparatively, 1.5% of Columbus McKinnon shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
Columbus McKinnon beats Astec Industries on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CMCO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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