Columbus McKinnon Corporation Company Profile (NASDAQ:CMCO)

About Columbus McKinnon Corporation

Columbus McKinnon Corporation 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
  • Exchange: NASDAQ
  • Symbol: CMCO
  • CUSIP: 19933310
Key Metrics:
  • Previous Close: $25.60
  • 50 Day Moving Average: $27.16
  • 200 Day Moving Average: $22.22
  • 52-Week Range: $13.31 - $29.23
  • Trailing P/E Ratio: 26.67
  • Foreward P/E Ratio: 15.61
  • P/E Growth: 2.08
  • Market Cap: $518.32M
  • Outstanding Shares: 20,247,000
  • Beta: 1.66
Profitability:
  • 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%
Additional Links:
Companies Related to Columbus McKinnon Corporation:

Analyst Ratings

Consensus Ratings for Columbus McKinnon Corporation (NASDAQ:CMCO) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $32.50 (26.95% upside)

Analysts' Ratings History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Show:
DateFirmActionRatingPrice TargetDetails
1/26/2017SidotiUpgradeNeutral -> Buy$35.00View Rating Details
1/23/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$24.00 -> $30.00View Rating Details
1/15/2016Citigroup Inc.DowngradeNeutral$21.00 -> $17.00View Rating Details
6/1/2015BB&T CorporationLower Price TargetBuy$31.00 -> $28.00View Rating Details
4/16/2015CL KingDowngradeBuy -> NeutralView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Columbus McKinnon Corporation (NASDAQ:CMCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/26/2017        
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$0.31$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$0.52$0.45$154.73 million$148.90 millionViewListenView Earnings Details
1/29/2015Q315$0.38$0.39$146.70 million$140.80 millionViewN/AView Earnings Details
10/24/2014Q215$0.39$0.53$146.30 million$147.00 millionViewListenView Earnings Details
7/31/2014Q115$0.41$0.34$150.10 million$142.90 millionViewN/AView Earnings Details
5/22/2014Q414$0.47$0.48$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 Corporation (NASDAQ:CMCO)
Current Year EPS Consensus Estimate: $1.30 EPS
Next Year EPS Consensus Estimate: $1.64 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.35$0.55$0.45
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 Corporation (NASDAQ:CMCO)
Annual Dividend:$0.16
Dividend Yield:0.63%
Payout Ratio:16.67% (Based on Trailing 12 Months of Earnings)
12.31% (Based on Current Year Consensus EPS Estimate)
9.76% (Based on Next Year Consensus EPS Estimate)

Dividend History for Columbus McKinnon Corporation (NASDAQ:CMCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Insider Ownership Percentage: 3.78%
Institutional Ownership Percentage: 83.37%
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

Latest Headlines for Columbus McKinnon Corporation (NASDAQ:CMCO)
DateHeadline
finance.yahoo.com logoHow To Trade The Expected Expansion In U.S. Infrastructure Spending (NASDAQ:CMCO)
finance.yahoo.com - February 16 at 11:14 AM
capitalcube.com logoColumbus McKinnon Corp. :CMCO-US: Earnings Analysis: Q3, 2017 By the Numbers : February 7, 2017 (NASDAQ:CMCO)
www.capitalcube.com - February 7 at 5:27 PM
finance.yahoo.com logoCOLUMBUS MCKINNON CORP Financials (NASDAQ:CMCO)
finance.yahoo.com - February 1 at 4:41 PM
globenewswire.com logoColumbus McKinnon Completes Acquisition of STAHL CraneSystems (NASDAQ:CMCO)
globenewswire.com - January 31 at 4:47 PM
News IconYieldBoost Columbus McKinnon Corp. To 14.2% Using Options (NASDAQ:CMCO)
www.stockoptionschannel.com - January 31 at 4:47 PM
seekingalpha.com logoColumbus McKinnon's (CMCO) CEO Tim Tevens on Q3 2017 Results - Earnings Call Transcript (NASDAQ:CMCO)
seekingalpha.com - January 27 at 5:46 PM
nasdaq.com logoColumbus McKinnon Reports Third Quarter Fiscal Year 2017 Financial Results (NASDAQ:CMCO)
www.nasdaq.com - January 26 at 5:27 PM
sg.finance.yahoo.com logoColumbus McKinnon posts 3Q profit (NASDAQ:CMCO)
sg.finance.yahoo.com - January 26 at 5:27 PM
biz.yahoo.com logoQ3 2017 Columbus McKinnon Corp Earnings Release - Before Market Open (NASDAQ:CMCO)
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 (NASDAQ:CMCO)
biz.yahoo.com - January 26 at 5:27 PM
feeds.reuters.com logoBRIEF-Columbus McKinnon reports Q3 earnings per share $0.02 (NASDAQ:CMCO)
feeds.reuters.com - January 26 at 7:03 AM
seekingalpha.com logoColumbus McKinnon misses by $0.13, misses on revenue (NASDAQ:CMCO)
seekingalpha.com - January 26 at 6:42 AM
4-traders.com logoCOLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) Files An 8-K Other Events (NASDAQ:CMCO)
www.4-traders.com - January 25 at 5:30 PM
capitalcube.com logoColumbus McKinnon Corp. – Value Analysis (NASDAQ:CMCO) : January 25, 2017 (NASDAQ:CMCO)
www.capitalcube.com - January 25 at 5:30 PM
capitalcube.com logoColumbus McKinnon Corp. breached its 50 day moving average in a Bullish Manner : CMCO-US : January 24, 2017 (NASDAQ:CMCO)
www.capitalcube.com - January 24 at 4:56 PM
us.rd.yahoo.com logoColumbus McKinnon upgraded by Seaport Global Securities (NASDAQ:CMCO)
us.rd.yahoo.com - January 23 at 9:40 PM
News IconMultiple crews respond to fire at Columbus McKinnon in Abingdon (NASDAQ:CMCO)
wjhl.com - January 20 at 5:32 PM
News IconCM unveils CM Tornado 360° lever operated hoist (NASDAQ:CMCO)
www.khl.com - January 18 at 9:43 PM
finance.yahoo.com logoColumbus McKinnon Announces Third Quarter Fiscal 2017 Conference Call and Webcast (NASDAQ:CMCO)
finance.yahoo.com - January 12 at 4:41 PM
capitalcube.com logoColumbus McKinnon Corp. : CMCO-US: Dividend Analysis : November 11th, 2016 (record date) : By the numbers : January 10, 2017 (NASDAQ:CMCO)
www.capitalcube.com - January 10 at 5:05 PM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:CMCO)
biz.yahoo.com - January 9 at 5:29 PM
capitalcube.com logoETFs with exposure to Columbus McKinnon Corp. : January 9, 2017 (NASDAQ:CMCO)
www.capitalcube.com - January 9 at 5:29 PM
publicnow.com logoGerman Bundeskartellamt has approved divestment of STAHL CraneSystems to Columbus McKinnon (NASDAQ:CMCO)
www.publicnow.com - January 6 at 4:46 PM
moodys.com logoColumbus McKinnon Corporation -- Moody's assigns B1 CFR to Columbus McKinnon; outlook stable (NASDAQ:CMCO)
www.moodys.com - January 6 at 4:46 PM
publicnow.com logoColumbus McKinnon Receives German Bundeskartellamt Approval for STAHL CraneSystems Acquisition (NASDAQ:CMCO)
www.publicnow.com - January 5 at 4:56 PM
4-traders.com logoKONECRANES PLC - EUROPEAN COMMISSION : KONECRANES PLC STOCK EXCHANGE RELEASE .. (NASDAQ:CMCO)
www.4-traders.com - December 22 at 9:31 PM
publicnow.com logoEuropean Commission has approved Columbus McKinnon as a buyer of STAHL CraneSystems (NASDAQ:CMCO)
us.rd.yahoo.com - December 22 at 4:30 PM
publicnow.com logoColumbus McKinnon Announces European Commission Approval for STAHL CraneSystems Acquisition (NASDAQ:CMCO)
www.publicnow.com - December 22 at 4:30 PM
publicnow.com logoColumbus McKinnon Raises $50.0 million in Equity Financing (NASDAQ:CMCO)
www.publicnow.com - December 20 at 8:31 AM
biz.yahoo.com logoCOLUMBUS MCKINNON CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Se (NASDAQ:CMCO)
biz.yahoo.com - December 20 at 8:31 AM
News IconCM Weblok Assembly features double load pin retention system. (NASDAQ:CMCO)
news.thomasnet.com - December 16 at 4:45 PM
News IconShould You Avoid Columbus McKinnon Corp. (CMCO)? (NASDAQ:CMCO)
feedproxy.google.com - December 10 at 5:43 PM
News IconColumbus McKinnon to buy Stahl CraneSystems (NASDAQ:CMCO)
www.khl.com - December 9 at 4:40 PM
News IconColumbus McKinnon Agrees to Acquire STAHL CraneSystems (NASDAQ:CMCO)
www.mdm.com - December 9 at 3:13 AM
streetinsider.com logoColumbus McKinnon (CMCO) to Acquire STAHL in ~$486M Deal (NASDAQ:CMCO)
www.streetinsider.com - December 9 at 3:13 AM
seekingalpha.com logoColumbus McKinnon Poised For An Industrial Recovery, But So Is The Street (NASDAQ:CMCO)
seekingalpha.com - December 9 at 3:13 AM
marketexclusive.com logoCOLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:CMCO)
marketexclusive.com - December 9 at 3:13 AM
finance.yahoo.com logoColumbus McKinnon downgraded by Sidoti (NASDAQ:CMCO)
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 (NASDAQ:CMCO)
biz.yahoo.com - December 7 at 10:01 PM
us.rd.yahoo.com logoColumbus McKinnon to Acquire STAHL CraneSystems (NASDAQ:CMCO)
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 (NASDAQ:CMCO)
us.rd.yahoo.com - December 7 at 7:28 AM
finance.yahoo.com logoCM ShopStar Electric Chain Hoist Now Available with Variable Speed (NASDAQ:CMCO)
finance.yahoo.com - December 6 at 11:54 AM
News IconColumbus McKinnon introduces new hoist (NASDAQ:CMCO)
www.recyclingtoday.com - November 30 at 9:29 PM
4-traders.com logoColumbus McKinnon : Redefines Lever-Operated Hoists with New CM Tornado 360 (NASDAQ:CMCO)
www.4-traders.com - November 30 at 9:29 PM
finance.yahoo.com logoColumbus McKinnon Redefines Lever-Operated Hoists with New CM Tornado 360° (NASDAQ:CMCO)
finance.yahoo.com - November 30 at 8:45 AM
News IconColumbus McKinnon Engineered Products supplies quick lifting screw jacks of the Pfaff-silberblau brand as far afield as Vladivostok (NASDAQ:CMCO)
www.presseagentur.com - November 15 at 9:01 AM
capitalcube.com logoETF’s with exposure to Columbus McKinnon Corp. : November 2, 2016 (NASDAQ:CMCO)
www.capitalcube.com - November 2 at 4:19 PM
seekingalpha.com logoColumbus McKinnon Corporation 2017 Q2 - Results - Earnings Call Slides (NASDAQ:CMCO)
seekingalpha.com - November 1 at 8:28 AM
zacks.com logoColumbus McKinnon (CMCO) in Focus: Stock Moves 9.1% Higher (NASDAQ:CMCO)
www.zacks.com - November 1 at 8:28 AM
capitalcube.com logoColumbus McKinnon Corp. :CMCO-US: Earnings Analysis: Q2, 2017 By the Numbers : October 31, 2016 (NASDAQ:CMCO)
www.capitalcube.com - October 31 at 4:22 PM

Social

What is Columbus McKinnon Corporation's stock symbol?

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

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

Columbus McKinnon Corporation declared a quarterly dividend on Tuesday, January 24th. Investors of record on Friday, February 10th will be given a dividend of $0.04 per share on Monday, February 20th. This represents a $0.16 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend is Wednesday, February 8th.

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

2 equities research analysts have issued 12-month target prices for Columbus McKinnon Corporation's stock. Their predictions range from $30.00 to $35.00. On average, they expect Columbus McKinnon Corporation's stock price to reach $32.50 in the next twelve months.

When will Columbus McKinnon Corporation announce their earnings?

Columbus McKinnon Corporation is scheduled to release their next quarterly earnings announcement on Thursday, January, 26th 2017.

What are analysts saying about Columbus McKinnon Corporation stock?

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

  • 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. " (2/7/2017)

  • 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 owns Columbus McKinnon Corporation stock?

Columbus McKinnon Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.50%), Skyline Asset Management LP (3.20%), State Street Corp (1.65%), Numeric Investors LLC (1.43%), Forest Hill Capital LLC (1.00%) and Royce & Associates LP (0.87%). Company insiders that own Columbus McKinnon Corporation stock include Alan S Korman, Gene P Buer and Richard A Steinberg.

Who sold Columbus McKinnon Corporation stock? Who is selling Columbus McKinnon Corporation stock?

Columbus McKinnon Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Cornercap Investment Counsel Inc., Skyline Asset Management LP, Metropolitan Life Insurance Co. NY and Barrow Hanley Mewhinney & Strauss LLC.

Who bought Columbus McKinnon Corporation stock? Who is buying Columbus McKinnon Corporation stock?

Columbus McKinnon Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Numeric Investors LLC, Dimensional Fund Advisors LP, Systematic Financial Management LP, Martingale Asset Management L P, Russell Investments Group Ltd., O Shaughnessy Asset Management LLC, Two Sigma Investments LP and Renaissance Technologies LLC.

How do I buy Columbus McKinnon Corporation stock?

Shares of Columbus McKinnon Corporation 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 Corporation stock cost?

One share of Columbus McKinnon Corporation stock can currently be purchased for approximately $25.60.

Columbus McKinnon Corporation (NASDAQ:CMCO) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)

Earnings History Chart

Earnings by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)

Dividend History Chart

Dividend Payments by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)

Last Updated on 2/23/2017 by MarketBeat.com Staff