NASDAQ:CMCO - Columbus McKinnon Stock Price, News, & Analysis

$39.01
+1.06 (+2.79 %)
(As of 06/18/2019 11:31 AM ET)
Today's Range
$38.39
Now: $39.01
$39.01
50-Day Range
$32.77
MA: $37.06
$39.58
52-Week Range
$27.66
Now: $39.01
$45.85
Volume1,265 shs
Average Volume115,580 shs
Market Capitalization$914.39 million
P/E Ratio14.07
Dividend Yield0.62%
Beta1.75
Columbus 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$876.28 million
Cash Flow$4.3248 per share
Book Value$18.46 per share

Profitability

Net Income$42.58 million

Miscellaneous

Employees3,128
Market Cap$914.39 million
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

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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 Wednesday, March 27th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.06 per share on Monday, May 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, May 2nd. This is an increase from Columbus McKinnon's previous quarterly dividend of $0.05. View Columbus McKinnon's Dividend History.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Corp. (NASDAQ:CMCO) issued its quarterly earnings data on Tuesday, May, 28th. The industrial products company reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.58 by $0.11. The industrial products company earned $216.70 million during the quarter, compared to analyst estimates of $210.59 million. Columbus McKinnon had a net margin of 4.86% and a return on equity of 15.41%. Columbus McKinnon's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 EPS. 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 30th 2019. View Earnings Estimates for Columbus McKinnon.

What guidance has Columbus McKinnon issued on next quarter's earnings?

Columbus McKinnon updated its first quarter 2020 earnings guidance on Tuesday, May, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $214-216 million, compared to the consensus revenue estimate of $215.08 million.

What price target have analysts set for CMCO?

3 analysts have issued 1-year price objectives for Columbus McKinnon's shares. Their forecasts range from $42.00 to $54.00. On average, they expect Columbus McKinnon's share price to reach $46.6667 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Columbus McKinnon.

Has Columbus McKinnon been receiving favorable news coverage?

Media stories about CMCO stock have been trending positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Columbus McKinnon earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Columbus McKinnon.

Are investors shorting Columbus McKinnon?

Columbus McKinnon saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 974,700 shares, an increase of 6.8% from the April 15th total of 912,500 shares. Based on an average daily trading volume, of 86,400 shares, the days-to-cover ratio is currently 11.3 days. Approximately 4.4% of the shares of the company are sold short. View Columbus McKinnon's Current Options Chain.

Who are some of Columbus McKinnon's key competitors?

What other stocks do shareholders of Columbus McKinnon own?

Who are Columbus McKinnon's key executives?

Columbus McKinnon's management team includes the folowing people:
  • Mr. Mark D. Morelli, Pres, CEO & Director (Age 55)
  • Mr. Gregory P. Rustowicz, VP of Fin. & CFO (Age 59)
  • Mr. Alan S. Korman, VP of Corp. Devel., Gen. Counsel & CHRO (Age 58)
  • Mr. Jon Adams, Treasurer

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's stock is owned by many different of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (3.37%), FMR LLC (2.71%), Westwood Holdings Group Inc. (2.21%), Rice Hall James & Associates LLC (1.98%), Systematic Financial Management LP (1.93%) and Punch & Associates Investment Management Inc. (1.60%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Gene P Buer, Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski, Peter M Mccormick 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 Skyline Asset Management LP, AlphaOne Investment Services LLC, Lazard Asset Management LLC, Marshall Wace LLP, Eagle Boston Investment Management Inc., Rice Hall James & Associates LLC, Foundry Partners LLC and ClariVest Asset Management LLC. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Gregory P Rustowicz and Peter M Mccormick. 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 FMR LLC, Westwood Holdings Group Inc., Walthausen & Co. LLC, Skylands Capital LLC, Pacific Ridge Capital Partners LLC, Systematic Financial Management LP, Punch & Associates Investment Management Inc. and California Public Employees Retirement System. 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 $39.01.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $914.39 million and generates $876.28 million in revenue each year. The industrial products company earns $42.58 million in net income (profit) each year or $2.74 on an earnings per share basis. Columbus McKinnon employs 3,128 workers across the globe.View Additional Information About Columbus McKinnon.

What is Columbus McKinnon's official website?

The official website for Columbus McKinnon is http://www.cmworks.com/.

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:  197 (Thanks for Voting!)
Underperform Votes:  216 (Thanks for Voting!)
Total Votes:  413
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 6/18/2019 by MarketBeat.com Staff

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