CMCO vs. ASTE, PLOW, MTW, GENC, 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), Gencor Industries (GENC), Kadant (KAI), Enpro (NPO), John Bean Technologies (JBT), Mueller Water Products (MWA), ESCO Technologies (ESE), and Albany International (AIN).
Columbus McKinnon (NASDAQ:CMCO) and Astec Industries (NASDAQ:ASTE) are both small-cap industrial products companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, valuation, profitability, earnings, risk, analyst recommendations, institutional ownership, media sentiment and dividends.
Columbus McKinnon has a net margin of 4.60% compared to Astec Industries' net margin of 1.91%. Columbus McKinnon's return on equity of 9.59% beat Astec Industries' return on equity.
Columbus McKinnon currently has a consensus price target of $51.50, suggesting a potential upside of 41.44%. Astec Industries has a consensus price target of $43.50, suggesting a potential upside of 40.14%. Given Columbus McKinnon's stronger consensus rating and higher probable upside, equities research analysts plainly believe Columbus McKinnon is more favorable than Astec Industries.
In the previous week, Columbus McKinnon had 12 more articles in the media than Astec Industries. MarketBeat recorded 13 mentions for Columbus McKinnon and 1 mentions for Astec Industries. Columbus McKinnon's average media sentiment score of 0.76 beat Astec Industries' score of 0.10 indicating that Columbus McKinnon is being referred to more favorably in the media.
96.0% of Columbus McKinnon shares are owned by institutional investors. Comparatively, 93.2% of Astec Industries shares are owned by institutional investors. 1.5% of Columbus McKinnon shares are owned by company insiders. Comparatively, 0.7% of Astec Industries shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Columbus McKinnon has a beta of 1.26, meaning that its share price is 26% more volatile than the S&P 500. Comparatively, Astec Industries has a beta of 1.33, meaning that its share price is 33% more volatile than the S&P 500.
Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.8%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.7%. Columbus McKinnon pays out 17.3% of its earnings in the form of a dividend. Astec Industries pays out 47.7% 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.
Columbus McKinnon has higher earnings, but lower revenue 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 115 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.51% of users gave Columbus McKinnon an outperform vote.
Summary
Columbus McKinnon beats Astec Industries on 13 of the 20 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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