CMCO vs. ASTE, PLOW, MTW, LNN, GIC, SCSC, CDRE, TRS, APOG, and HY
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), Lindsay (LNN), Global Industrial (GIC), ScanSource (SCSC), Cadre (CDRE), TriMas (TRS), Apogee Enterprises (APOG), and Hyster-Yale Materials Handling (HY).
Astec Industries (NASDAQ:ASTE) and Columbus McKinnon (NASDAQ:CMCO) are both small-cap industrial products companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, earnings, profitability, dividends, valuation, institutional ownership and media sentiment.
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.
Astec Industries has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Columbus McKinnon has a beta of 1.27, suggesting that its stock 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.5%. 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 presently has a consensus price target of $43.50, indicating a potential upside of 24.93%. Columbus McKinnon has a consensus price target of $50.00, indicating a potential upside of 12.76%. Given Columbus McKinnon's higher probable upside, equities research analysts plainly believe Astec Industries is more favorable than Columbus McKinnon.
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 119 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.17% of users gave Columbus McKinnon an outperform vote.
In the previous week, Astec Industries had 4 more articles in the media than Columbus McKinnon. MarketBeat recorded 7 mentions for Astec Industries and 3 mentions for Columbus McKinnon. Astec Industries' average media sentiment score of 1.25 beat Columbus McKinnon's score of 0.69 indicating that Columbus McKinnon is being referred to more favorably in the news media.
Summary
Columbus McKinnon beats Astec Industries on 12 of the 20 factors compared between the two stocks.
Get Columbus McKinnon News Delivered to You Automatically
Sign up to receive the latest news and ratings for CMCO and its competitors with MarketBeat's FREE daily newsletter.
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.
Columbus McKinnon Competitors List
Related Companies and Tools
