NASDAQ:CMCO - Columbus McKinnon Stock Price, Price Target & More

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$41.81 +0.30 (+0.72 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$41.81
Today's Range$41.21 - $42.04
52-Week Range$24.97 - $45.85
Volume78,905 shs
Average Volume126,268 shs
Market Capitalization$960.44 million
P/E Ratio20.80
Dividend Yield0.48%
Beta1.88
Columbus McKinnon logoColumbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys. The company also provides alloy and carbon steel chains; alloy chains under the Herc-Alloy brand; load chains and carbon steel welded-link chains; alloy and carbon steel closed-die forged chain attachments, including hooks, shackles, Hammerloks, and master links; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices. In addition, it offers power and motion control systems, which comprise AC and DC drive systems, radio remote controls, push button pendant stations, brakes, collision avoidance, and power delivery subsystems, as well as AC and DC digital motion control systems for underground coal mining equipment; industrial components, including mechanical and electromechanical actuators and rotary unions; and overhead steel jib and gantry cranes, and overhead aluminum light rail workstations under the CES, Abell-Howe, and Washington Equipment brands. Further, the company provides DC high-performance elevator drives, AC drives, and regenerative controls; and tire shredders. The company sells its products through its sales force and independent distributors. Columbus McKinnon Corporation was founded in 1875 and is headquartered in Getzville, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Construction machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNASDAQ:CMCO
CUSIP19933310
Phone716-689-5400

Debt

Debt-to-Equity Ratio0.74
Current Ratio1.74
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio20.80
Forward P/E Ratio16.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$839.42 million
Price / Sales1.15
Cash Flow$3.7464 per share
Price / Cash11.16
Book Value$17.73 per share
Price / Book2.36

Profitability

EPS (Most Recent Fiscal Year)$2.01
Net Income$22.06 million
Net Margins2.63%
Return on Equity12.14%
Return on Assets4.12%

Miscellaneous

Employees3,328
Outstanding Shares23,140,000
Market Cap$960.44

Columbus McKinnon (NASDAQ:CMCO) Frequently Asked Questions

What is Columbus McKinnon's stock symbol?

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

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

Columbus McKinnon declared a quarterly dividend on Tuesday, March 27th. Investors of record on Friday, May 4th will be given a dividend of $0.05 per share on Monday, May 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend is Thursday, May 3rd. This is a positive change from Columbus McKinnon's previous quarterly dividend of $0.04. View Columbus McKinnon's Dividend History.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Corp. (NASDAQ:CMCO) released its quarterly earnings data on Wednesday, May, 30th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.02. The industrial products company earned $214.10 million during the quarter, compared to analysts' expectations of $210.64 million. Columbus McKinnon had a net margin of 2.63% and a return on equity of 12.14%. The company's revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.40 earnings per share. View Columbus McKinnon's Earnings History.

When is Columbus McKinnon's next earnings date?

Columbus McKinnon is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Columbus McKinnon.

What price target have analysts set for CMCO?

3 brokerages have issued 12 month price objectives for Columbus McKinnon's stock. Their predictions range from $49.00 to $50.00. On average, they expect Columbus McKinnon's share price to reach $49.6667 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Ratings for Columbus McKinnon.

What is the consensus analysts' recommendation for Columbus McKinnon?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbus McKinnon in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Columbus McKinnon's key competitors?

Who are Columbus McKinnon's key executives?

Columbus McKinnon's management team includes the folowing people:
  • Mr. Mark D. Morelli, Pres, CEO & Director (Age 54)
  • Mr. Gregory P. Rustowicz, VP of Fin. & CFO (Age 58)
  • Mr. Alan S. Korman, VP of Corp. Devel., Gen. Counsel, Corp. Sec. & CHRO (Age 57)
  • Mr. Kurt F. Wozniak, VP of Industrial Products (Age 54)
  • Mr. Peter M. McCormick, VP of Crane Solutions (Age 58)

Has Columbus McKinnon been receiving favorable news coverage?

News headlines about CMCO stock have trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Columbus McKinnon earned a coverage optimism score of 0.36 on Accern's scale. They also assigned headlines about the industrial products company an impact score of 45.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.57%), Essex Investment Management Co. LLC (0.39%), Bank of Montreal Can (0.14%) and Municipal Employees Retirement System of Michigan (0.06%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Gene P Buer, Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski and Timothy T Tevens. View Institutional Ownership Trends for Columbus McKinnon.

Which major investors are selling Columbus McKinnon stock?

CMCO stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC and Bank of Montreal Can. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Gene P Buer, Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski and Timothy T Tevens. View Insider Buying and Selling for Columbus McKinnon.

Which major investors are buying Columbus McKinnon stock?

CMCO stock was acquired by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Columbus McKinnon.

How do I buy shares of Columbus McKinnon?

Shares of CMCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Columbus McKinnon's stock price today?

One share of CMCO stock can currently be purchased for approximately $41.81.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $960.44 million and generates $839.42 million in revenue each year. The industrial products company earns $22.06 million in net income (profit) each year or $2.01 on an earnings per share basis. Columbus McKinnon employs 3,328 workers across the globe.

How can I contact Columbus McKinnon?

Columbus McKinnon's mailing address is 205 CROSSPOINT PARKWAY, GETZVILLE NY, 14068. The industrial products company can be reached via phone at 716-689-5400 or via email at [email protected]


MarketBeat Community Rating for Columbus McKinnon (NASDAQ CMCO)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  312
MarketBeat's community ratings are surveys of what our community members think about Columbus McKinnon and other stocks. Vote "Outperform" if you believe CMCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

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