Columbus McKinnon Corp. Company Profile (NASDAQ:CMCO)

About Columbus McKinnon Corp. (NASDAQ:CMCO)

Columbus McKinnon Corp. logoColumbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The Company's products include various electric, air-powered, lever, and hand hoists, hoist trolleys, winches, industrial crane systems, such as steel bridge, gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders; power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Farm & Construction Machinery
  • Sub-Industry: Industrial Machinery
  • Symbol: NASDAQ:CMCO
  • CUSIP: 19933310
  • Web: www.cmworks.com
Capitalization:
  • Market Cap: $493.22 million
  • Outstanding Shares: 20,247,000
Average Prices:
  • 50 Day Moving Avg: $25.31
  • 200 Day Moving Avg: $25.78
  • 52 Week Range: $13.80 - $29.23
P/E:
  • Trailing P/E Ratio: 25.38
  • Foreward P/E Ratio: 14.94
  • P/E Growth: 1.91
Sales & Book Value:
  • Annual Revenue: $608.52 million
  • Price / Sales: 0.81
  • Book Value: $14.44 per share
  • Price / Book: 1.69
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: $65.97 million
  • Net Margins: 3.22%
  • Return on Equity: 8.94%
  • Return on Assets: 3.50%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 2.72%
  • Quick Ratio: 1.54%
Misc:
  • Average Volume: 90,618 shs.
  • Beta: 1.66
  • Short Ratio: 11.62
 

Frequently Asked Questions for Columbus McKinnon Corp. (NASDAQ:CMCO)

What is Columbus McKinnon Corp.'s stock symbol?

Columbus McKinnon Corp. trades on the NASDAQ under the ticker symbol "CMCO."

How often does Columbus McKinnon Corp. pay dividends? What is the dividend yield for Columbus McKinnon Corp.?

Columbus McKinnon Corp. announced a quarterly dividend on Tuesday, March 28th. Investors of record on Friday, May 5th will be given a dividend of $0.04 per share on Monday, May 15th. This represents a $0.16 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Wednesday, May 3rd. View Columbus McKinnon Corp.'s Dividend History.

How were Columbus McKinnon Corp.'s earnings last quarter?

Columbus McKinnon Corp. (NASDAQ:CMCO) posted its quarterly earnings data on Thursday, July, 28th. The company reported $0.34 earnings per share for the quarter, meeting analysts' consensus estimates of $0.34. The business earned $149 million during the quarter, compared to analyst estimates of $148.52 million. Columbus McKinnon Corp. had a net margin of 3.22% and a return on equity of 8.94%. The firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the company earned $0.34 EPS. View Columbus McKinnon Corp.'s Earnings History.

When will Columbus McKinnon Corp. make its next earnings announcement?

Columbus McKinnon Corp. is scheduled to release their next quarterly earnings announcement on Tuesday, May, 30th 2017. View Earnings Estimates for Columbus McKinnon Corp..

Where is Columbus McKinnon Corp.'s stock going? Where will Columbus McKinnon Corp.'s stock price be in 2017?

2 brokerages have issued 1-year price targets for Columbus McKinnon Corp.'s shares. Their predictions range from $30.00 to $35.00. On average, they anticipate Columbus McKinnon Corp.'s share price to reach $32.50 in the next year. View Analyst Ratings for Columbus McKinnon Corp..

What are analysts saying about Columbus McKinnon Corp. stock?

Here are some recent quotes from research analysts about Columbus McKinnon Corp. stock:

  • 1. According to Zacks Investment Research, "Columbus McKinnon, is a broad-line designer, manufacturer and supplier of sophisticated material handling products and integrated material handling solutions that are widely distributed to industrial and consumer markets worldwide. The Company's material handling products are sold, omestically and internationally, principally to third party distributors and, to a lesser extent, directly to manufacturers and other end-users. The Company's integrated material handling solutions businesses deal directly with end-users. " (4/24/2017)
  • 2. Seaport Global Securities analysts commented, "We are upgrading CMCO to Buy (from Neutral), with a new price target of $30 (from $24). Much of our renewed optimism stems from the purchase of Stahl from Konecranes; we believe the purchase price amounts to less than 8x trailing EBITDA vs. recent comps at ~10x. After the announcement of the Stahl deal, CMCO announced an equity offering that eliminated the company's need to issue high-coupon debt, and FY 2018 (beginning 4/1/17) EPS accretion expectations (now $0.30 for FY 2018) were increased by ~2.5x, yet the stock is trading at the same price as before this announcement. We believe investors are currently valuing the pro forma combined company at 7.0x-7.5x EV/EBITDA (including synergies), whereas the rest of the sector is trading at ~9.5x. While a discount may be appropriate given the debt surrounding the deal, the current discount may be too severe; the pro forma combined company is expected to reduce debt by ~$100MM by the end of FY 2019, resulting in a more-reasonable 2.5x net debt-to-EBITDA. Our new price target values the pro forma combined entity at ~8.0x. With respect to CMCO's core business, some of the macro indicators that serve as a leading indicator for CMCO (such as capacity utilization) do not appear to have recovered, but could be in a bottoming phase, given increasing oil & gas budgets and a strong PMI New Orders Index. We currently assume volume increases of 2.5% for FY 2018, but this could prove conservative, especially later in the FY." (1/23/2017)

Who are some of Columbus McKinnon Corp.'s key competitors?

Who owns Columbus McKinnon Corp. stock?

Columbus McKinnon Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.25%), Vanguard Group Inc. (3.85%), LSV Asset Management (2.82%), Eagle Boston Investment Management Inc. (2.01%), Pzena Investment Management LLC (2.00%) and JPMorgan Chase & Co. (1.53%). View Institutional Ownership Trends for Columbus McKinnon Corp..

Who sold Columbus McKinnon Corp. stock? Who is selling Columbus McKinnon Corp. stock?

Columbus McKinnon Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, RMB Capital Management LLC, Morgan Dempsey Capital Management LLC, Acadian Asset Management LLC, California Public Employees Retirement System, Walthausen & Co. LLC, Foundry Partners LLC and CNA Financial Corp. View Insider Buying and Selling for Columbus McKinnon Corp..

Who bought Columbus McKinnon Corp. stock? Who is buying Columbus McKinnon Corp. stock?

Columbus McKinnon Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Dimensional Fund Advisors LP, Hennessy Advisors Inc., ClariVest Asset Management LLC, Systematic Financial Management LP, Seizert Capital Partners LLC, Boston Partners and AXA. View Insider Buying and Selling for Columbus McKinnon Corp..

How do I buy Columbus McKinnon Corp. stock?

Shares of Columbus McKinnon Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Columbus McKinnon Corp. stock cost?

One share of Columbus McKinnon Corp. stock can currently be purchased for approximately $24.36.

Analyst Ratings

Consensus Ratings for Columbus McKinnon Corp. (NASDAQ:CMCO) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $32.50 (33.42% upside)

Analysts' Ratings History for Columbus McKinnon Corp. (NASDAQ:CMCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/26/2017SidotiUpgradeNeutral -> Buy$35.00N/AView Rating Details
1/23/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$24.00 -> $30.00N/AView Rating Details
1/15/2016Citigroup IncDowngradeNeutral$21.00 -> $17.00N/AView Rating Details
6/1/2015BB&T Co.Lower Price TargetBuy$31.00 -> $28.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Columbus McKinnon Corp. (NASDAQ:CMCO)
Earnings by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
Earnings History by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/30/2017        
1/26/2017Q317$0.35$0.22$155.88 million$152.50 millionViewN/AView Earnings Details
10/28/2016Q217$0.38$0.36$153.23 million$151.90 millionViewListenView Earnings Details
7/28/2016Q117$0.34$0.34$148.52 million$149.00 millionViewListenView Earnings Details
6/1/2016Q416$0.36$0.37$164.37 million$155.10 millionViewN/AView Earnings Details
1/28/2016Q316$0.39$0.32$166.19 million$159.70 millionViewListenView Earnings Details
10/30/2015Q216$0.42$0.40$143.63 million$146.00 millionViewListenView Earnings Details
7/31/2015Q116$0.38$0.36$139.56 million$136.20 millionViewListenView Earnings Details
5/28/2015Q415$0.57$0.45$154.73 million$148.90 millionViewListenView Earnings Details
1/29/2015Q315$0.36$0.39$146.70 million$140.80 millionViewN/AView Earnings Details
10/24/2014Q215$0.40$0.53$146.30 million$147.00 millionViewListenView Earnings Details
7/31/2014Q115$0.43$0.34$150.10 million$142.90 millionViewN/AView Earnings Details
5/22/2014Q414$0.47$0.52$155.30 million$160.50 millionViewN/AView Earnings Details
1/22/2014Q314$0.38$0.31$144.05 million$145.10 millionViewN/AView Earnings Details
10/24/2013Q214$0.32$0.36$140.45 million$138.80 millionViewN/AView Earnings Details
7/26/2013Q1 2014$0.33$0.37$149.55 million$138.90 millionViewN/AView Earnings Details
5/23/2013Q4 2013$0.38$2.64$151.20 million$144.60 millionViewN/AView Earnings Details
1/25/2013Q3 2013$0.29$0.49$143.95 million$158.20 millionViewN/AView Earnings Details
10/25/2012Q213$0.37$0.42$155.55 million$146.50 millionViewN/AView Earnings Details
7/19/2012$0.27$0.43ViewN/AView Earnings Details
5/24/2012$0.39$0.46ViewN/AView Earnings Details
1/27/2012$0.24$0.33ViewN/AView Earnings Details
10/28/2011$0.26$0.34ViewN/AView Earnings Details
7/22/2011$0.24$0.20ViewN/AView Earnings Details
5/26/2011$0.27$0.20ViewN/AView Earnings Details
1/28/2011$0.18$0.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Columbus McKinnon Corp. (NASDAQ:CMCO)
2017 EPS Consensus Estimate: $1.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.32$0.35$0.34
Q2 20172$0.37$0.38$0.38
Q3 20172$0.32$0.37$0.35
Q4 20172$0.38$0.41$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Columbus McKinnon Corp. (NASDAQ:CMCO)
Most Recent Dividend:5/15/2017
Annual Dividend:$0.16
Dividend Yield:0.66%
Payout Ratio:16.67% (Trailing 12 Months of Earnings)
12.31% (Based on This Year's Estimates)
9.82% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)

Dividend History by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/28/2017quarterly$0.040.65%5/3/20175/5/20175/15/2017
1/24/2017quarterly$0.040.57%2/8/20172/10/20172/20/2017
10/24/2016quarterly$0.040.91%11/8/201611/11/201611/21/2016
7/19/2016quarterly$0.041.02%8/10/20168/12/20168/22/2016
4/1/2016quarterly$0.041.01%5/4/20165/6/20165/16/2016
1/27/2016quarterly$0.041.14%2/10/20162/12/20162/22/2016
10/27/2015quarterly$0.040.84%11/10/201511/13/201511/23/2015
7/28/2015quarterly$0.040.71%8/12/20158/14/20158/24/2015
3/31/2015quarterly$0.040.59%5/6/20155/8/20155/18/2015
1/27/2015quarterly$0.040.62%2/4/20152/6/20152/17/2015
10/20/2014quarterly$0.040.73%11/5/201411/7/201411/17/2014
7/28/2014quarterly$0.040.63%8/6/20148/8/20148/18/2014
3/24/2014quarterly$0.040.6%5/7/20145/9/20145/19/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Columbus McKinnon Corp. (NASDAQ:CMCO)
Insider Ownership Percentage: 3.78%
Institutional Ownership Percentage: 83.37%
Insider Trades by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
Institutional Ownership by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
Insider Trades by Quarter for Columbus McKinnon Corp. (NASDAQ:CMCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2016Alan S KormanVPSell2,000$17.91$35,820.00View SEC Filing  
2/25/2015Richard A SteinbergVPSell8,647$26.54$229,491.38View SEC Filing  
2/23/2015Gene P BuerVPSell1,786$25.79$46,060.94View SEC Filing  
10/28/2014Richard A SteinbergVPSell11,000$27.13$298,430.00View SEC Filing  
8/15/2014Gene P BuerVPSell2,240$24.98$55,955.20View SEC Filing  
8/5/2014Gene P BuerVPSell2,500$23.75$59,375.00View SEC Filing  
5/28/2014Eric WoonVPSell10,474$29.79$312,020.46View SEC Filing  
2/14/2014Charles GiesigeVPSell4,807$25.97$124,837.79View SEC Filing  
11/26/2013Eric WoonVPSell1,375$27.16$37,345.00View SEC Filing  
10/28/2013Kurt F WozniakVPSell2,843$26.91$76,505.13View SEC Filing  
7/1/2013Timothy T TevensCEOSell3,800$22.00$83,600.00View SEC Filing  
6/28/2013Timothy T TevensCEOSell12,867$22.00$283,074.00View SEC Filing  
5/30/2013Timothy T TevensCEOSell33,333$20.88$695,993.04View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Columbus McKinnon Corp. (NASDAQ:CMCO)
Latest Headlines for Columbus McKinnon Corp. (NASDAQ:CMCO)
Source:
DateHeadline
finance.yahoo.com logoColumbus McKinnon Announces Fourth Quarter and Full Year Fiscal 2017 Conference Call and Webcast
finance.yahoo.com - May 17 at 4:27 PM
finance.yahoo.com logoColumbus McKinnon Corp. breached its 50 day moving average in a Bearish Manner : CMCO-US : May 4, 2017
finance.yahoo.com - May 4 at 4:31 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Getting Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - May 4 at 2:28 PM
finance.yahoo.com logoColumbus McKinnon Corp. : CMCO-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 4:21 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Receives Daily Media Impact Score of 0.50
www.americanbankingnews.com - May 1 at 12:11 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Getting Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 27 at 12:42 AM
finance.yahoo.com logoColumbus McKinnon Corp. – Value Analysis (NASDAQ:CMCO) : April 25, 2017
finance.yahoo.com - April 26 at 5:16 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 24 at 9:46 PM
finance.yahoo.com logoColumbus McKinnon Corp. breached its 50 day moving average in a Bearish Manner : CMCO-US : April 24, 2017
finance.yahoo.com - April 24 at 9:32 AM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Earns News Impact Score of -0.12
www.americanbankingnews.com - April 23 at 3:13 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Receiving Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 20 at 6:37 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 7:46 AM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 10 at 10:16 PM
finance.yahoo.com logoColumbus McKinnon Corp. breached its 50 day moving average in a Bullish Manner : CMCO-US : April 7, 2017
finance.yahoo.com - April 7 at 4:23 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 10:55 PM
americanbankingnews.com logoColumbus McKinnon Corp. (CMCO) Plans $0.04 Quarterly Dividend
www.americanbankingnews.com - March 28 at 5:22 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 28 at 12:36 PM
finance.yahoo.com logoColumbus McKinnon Declares Quarterly Dividend of $0.04 per Share
finance.yahoo.com - March 27 at 4:17 PM
finance.yahoo.com logoColumbus McKinnon to Participate at ROTH 29th Annual and SGS Transports & Industrials Conferences
finance.yahoo.com - March 1 at 4:24 PM
streetinsider.com logoColumbus McKinnon (CMCO) Appoints Mark Morelli as CEO
www.streetinsider.com - March 1 at 12:25 PM
finance.yahoo.com logo4:17 pm Columbus McKinnon appoints Mark D. Morelli as its President and CEO
finance.yahoo.com - March 1 at 12:25 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibi
biz.yahoo.com - March 1 at 12:25 PM
finance.yahoo.com logoColumbus McKinnon Names New Chief Executive Officer
finance.yahoo.com - February 28 at 4:36 PM
finance.yahoo.com logoHow To Trade The Expected Expansion In U.S. Infrastructure Spending
finance.yahoo.com - February 16 at 11:14 AM
finance.yahoo.com logoCOLUMBUS MCKINNON CORP Financials
finance.yahoo.com - February 1 at 4:41 PM
globenewswire.com logoColumbus McKinnon Completes Acquisition of STAHL CraneSystems
globenewswire.com - January 31 at 4:47 PM
seekingalpha.com logoColumbus McKinnon's (CMCO) CEO Tim Tevens on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - January 27 at 5:46 PM
nasdaq.com logoColumbus McKinnon Reports Third Quarter Fiscal Year 2017 Financial Results
www.nasdaq.com - January 26 at 5:27 PM
biz.yahoo.com logoQ3 2017 Columbus McKinnon Corp Earnings Release - Before Market Open
biz.yahoo.com - January 26 at 5:27 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
biz.yahoo.com - January 26 at 5:27 PM
seekingalpha.com logoColumbus McKinnon misses by $0.13, misses on revenue
seekingalpha.com - January 26 at 6:42 AM
us.rd.yahoo.com logoColumbus McKinnon upgraded by Seaport Global Securities
us.rd.yahoo.com - January 23 at 9:40 PM
finance.yahoo.com logoColumbus McKinnon Announces Third Quarter Fiscal 2017 Conference Call and Webcast
finance.yahoo.com - January 12 at 4:41 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 9 at 5:29 PM
moodys.com logoColumbus McKinnon Corporation -- Moody's assigns B1 CFR to Columbus McKinnon; outlook stable
www.moodys.com - January 6 at 4:46 PM
publicnow.com logoEuropean Commission has approved Columbus McKinnon as a buyer of STAHL CraneSystems
us.rd.yahoo.com - December 22 at 4:30 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se
biz.yahoo.com - December 20 at 8:31 AM
streetinsider.com logoColumbus McKinnon (CMCO) to Acquire STAHL in ~$486M Deal
www.streetinsider.com - December 9 at 3:13 AM
seekingalpha.com logoColumbus McKinnon Poised For An Industrial Recovery, But So Is The Street
seekingalpha.com - December 9 at 3:13 AM
finance.yahoo.com logoColumbus McKinnon downgraded by Sidoti
finance.yahoo.com - December 7 at 10:01 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Fina
biz.yahoo.com - December 7 at 10:01 PM
us.rd.yahoo.com logoColumbus McKinnon to Acquire STAHL CraneSystems
us.rd.yahoo.com - December 7 at 7:28 AM
us.rd.yahoo.com logo3:52 am Columbus McKinnon acquires STAHL CraneSystems for 224 million
us.rd.yahoo.com - December 7 at 7:28 AM
finance.yahoo.com logoCM ShopStar Electric Chain Hoist Now Available with Variable Speed
finance.yahoo.com - December 6 at 11:54 AM

Social

Chart

Columbus McKinnon Corp. (CMCO) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff