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

$39.32
+1.22 (+3.20 %)
(As of 12/13/2019 08:06 AM ET)
Today's Range
$38.26
Now: $39.32
$39.55
50-Day Range
$37.23
MA: $39.86
$42.25
52-Week Range
$27.66
Now: $39.32
$43.09
Volume272,827 shs
Average Volume140,783 shs
Market Capitalization$930.70 million
P/E Ratio14.35
Dividend Yield0.63%
Beta1.76
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$4.43 per share
Book Value$18.46 per share

Profitability

Net Income$42.58 million

Miscellaneous

Employees3,128
Market Cap$930.70 million
Next Earnings Date1/30/2020 (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 announced a quarterly dividend on Tuesday, October 22nd. Investors of record on Friday, November 8th will be given a dividend of $0.06 per share on Monday, November 18th. This represents a $0.24 annualized dividend and a dividend yield of 0.61%. The ex-dividend date is Thursday, November 7th. 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 Thursday, November, 7th. The industrial products company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.05. The industrial products company earned $207.60 million during the quarter, compared to analyst estimates of $206.68 million. Columbus McKinnon had a net margin of 6.34% and a return on equity of 15.40%. The firm's revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 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 Thursday, January 30th 2020. View Earnings Estimates for Columbus McKinnon.

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

Columbus McKinnon issued an update on its second quarter 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$200.9-200.9 million, compared to the consensus revenue estimate of $$209.91 million.

What price target have analysts set for CMCO?

4 Wall Street analysts have issued 1-year price targets for Columbus McKinnon's stock. Their forecasts range from $40.00 to $55.00. On average, they anticipate Columbus McKinnon's stock price to reach $45.25 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Columbus McKinnon.

What is the consensus analysts' recommendation for Columbus McKinnon?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbus McKinnon in the last year. There are currently 4 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?

News headlines about CMCO stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Columbus McKinnon earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Columbus McKinnon.

Are investors shorting Columbus McKinnon?

Columbus McKinnon saw a decrease in short interest during the month of November. As of November 29th, there was short interest totalling 788,800 shares, a decrease of 15.9% from the November 14th total of 938,400 shares. Based on an average daily volume of 138,800 shares, the short-interest ratio is currently 5.7 days. Currently, 3.5% of the shares of the stock are short sold. 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 a number of of institutional and retail investors. Top institutional investors include Granahan Investment Management Inc. MA (2.22%), State Street Corp (1.94%), Systematic Financial Management LP (1.92%), Skyline Asset Management LP (0.99%), Phocas Financial Corp. (0.92%) and Skylands Capital LLC (0.82%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Benjamin Auyeung, Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski and Peter M Mccormick. View Institutional Ownership Trends for Columbus McKinnon.

Which institutional investors are selling Columbus McKinnon stock?

CMCO stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Man Group plc, Skyline Asset Management LP, Calamos Advisors LLC, Public Employees Retirement System of Ohio, Squarepoint Ops LLC, Russell Investments Group Ltd. and Skylands Capital LLC. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Benjamin Auyeung, Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski and Peter M Mccormick. View Insider Buying and Selling for Columbus McKinnon.

Which institutional investors are buying Columbus McKinnon stock?

CMCO stock was bought by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Nomura Holdings Inc., State Street Corp, Boston Advisors LLC, Quantum Capital Management, Alpha Windward LLC, Bowling Portfolio Management LLC and Systematic Financial Management LP. 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, Robinhood, Fidelity and Charles Schwab.

What is Columbus McKinnon's stock price today?

One share of CMCO stock can currently be purchased for approximately $39.32.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $930.70 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:  2.3 out of 5 (star star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  486
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 12/13/2019 by MarketBeat.com Staff

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