NASDAQ:CMCO

Columbus McKinnon Stock Forecast, Price & News

$42.72
-0.56 (-1.29 %)
(As of 09/21/2021 01:54 PM ET)
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Today's Range
$41.85
$43.60
50-Day Range
$42.48
$46.73
52-Week Range
$31.63
$57.06
Volume2,323 shs
Average Volume136,895 shs
Market Capitalization$1.21 billion
P/E Ratio194.19
Dividend Yield0.54%
Beta1.28
30 days | 90 days | 365 days | Advanced Chart
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Columbus McKinnon logo

About Columbus McKinnon

Columbus McKinnon Corp. engages in the designing, manufacturing, and marketing of material handling products and systems. Its products include hoists, chain and rigging tools, digital power control and delivery systems, actuators and rotary unions, industrial cranes, and elevator application drive systems which are distributed through STAHL, Herc-Alloy, Magnetek, Duff-Norton, Pfaff, and other brands. The company was founded in 1875 and is headquartered in Getzville, NY.

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MarketRank

Overall MarketRank

2.98 out of 5 stars

Industrial Products Sector

14th out of 240 stocks

Construction Machinery Industry

2nd out of 8 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
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Columbus McKinnon (NASDAQ:CMCO) Frequently Asked Questions

Is Columbus McKinnon a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbus McKinnon in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Columbus McKinnon stock.
View analyst ratings for Columbus McKinnon
or view top-rated stocks.

What stocks does MarketBeat like better than Columbus McKinnon?

Wall Street analysts have given Columbus McKinnon a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Columbus McKinnon wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Columbus McKinnon's next earnings date?

Columbus McKinnon is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Columbus McKinnon
.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Co. (NASDAQ:CMCO) released its quarterly earnings data on Wednesday, July, 28th. The industrial products company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.28. The industrial products company had revenue of $213.46 million for the quarter, compared to analysts' expectations of $214.10 million. Columbus McKinnon had a net margin of 0.66% and a trailing twelve-month return on equity of 8.09%.
View Columbus McKinnon's earnings history
.

How has Columbus McKinnon's stock been impacted by Coronavirus?

Columbus McKinnon's stock was trading at $27.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CMCO stock has increased by 54.7% and is now trading at $42.72.
View which stocks have been most impacted by COVID-19
.

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

Columbus McKinnon announced a quarterly dividend on Monday, July 19th. Shareholders of record on Friday, August 6th will be given a dividend of $0.06 per share on Monday, August 16th. This represents a $0.24 annualized dividend and a yield of 0.56%. The ex-dividend date is Thursday, August 5th.
View Columbus McKinnon's dividend history
.

Is Columbus McKinnon a good dividend stock?

Columbus McKinnon pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.54%. Columbus McKinnon does not yet have a strong track record of dividend growth. The dividend payout ratio of Columbus McKinnon is 20.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Columbus McKinnon will have a dividend payout ratio of 6.30% next year. This indicates that Columbus McKinnon will be able to sustain or increase its dividend.
View Columbus McKinnon's dividend history.

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

Columbus McKinnon updated its second quarter 2022 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $225 million-$230 million, compared to the consensus revenue estimate of $223.88 million.

What price target have analysts set for CMCO?

5 Wall Street analysts have issued 12 month price objectives for Columbus McKinnon's stock. Their forecasts range from $49.00 to $78.00. On average, they anticipate Columbus McKinnon's share price to reach $61.40 in the next year. This suggests a possible upside of 43.7% from the stock's current price.
View analysts' price targets for Columbus McKinnon
or view top-rated stocks among Wall Street analysts.

Who are Columbus McKinnon's key executives?

Columbus McKinnon's management team includes the following people:
  • David J. Wilson, President, Chief Executive Officer & Director
  • Gregory P. Rustowicz, CFO, Vice President & Head-Investor Relations
  • Adrienne Williams, Chief Human Resources Officer & Vice President
  • Mark R. Paradowski, Vice President-Information Services
  • Kurt F. Wozniak, Vice President-Industrial Products

What is David J. Wilson's approval rating as Columbus McKinnon's CEO?

2 employees have rated Columbus McKinnon CEO David J. Wilson on Glassdoor.com. David J. Wilson has an approval rating of 50% among Columbus McKinnon's employees. This puts David J. Wilson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Columbus McKinnon's key competitors?

What other stocks do shareholders of Columbus McKinnon own?

What is Columbus McKinnon's stock symbol?

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

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.41%), Dimensional Fund Advisors LP (5.28%), FMR LLC (5.15%), Goldman Sachs Group Inc. (5.13%), Macquarie Group Ltd. (4.98%) and Vanguard Group Inc. (4.79%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Gregory P Rustowicz, Kurt F Wozniak, Mark D Morelli, Mark R Paradowski, Peter M Mccormick and Peter M Mccormick.
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 Franklin Resources Inc., Segall Bryant & Hamill LLC, Pacific Ridge Capital Partners LLC, Royal Bank of Canada, Aristotle Capital Boston LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., and Renaissance Technologies LLC. Company insiders that have sold Columbus McKinnon company stock in the last year include Gregory P Rustowicz, Mark R Paradowski, and Peter M Mccormick.
View insider buying and selling activity for Columbus McKinnon
or view top insider-selling stocks.

Which major investors are buying Columbus McKinnon stock?

CMCO stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Goldman Sachs Group Inc., FMR LLC, Lazard Asset Management LLC, Lord Abbett & CO. LLC, Vanguard Group Inc., Victory Capital Management Inc., and BlackRock Inc..
View insider buying and selling activity for Columbus McKinnon
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Columbus McKinnon's stock price today?

One share of CMCO stock can currently be purchased for approximately $42.72.

How much money does Columbus McKinnon make?

Columbus McKinnon has a market capitalization of $1.21 billion and generates $649.64 million in revenue each year. The industrial products company earns $9.11 million in net income (profit) each year or $1.16 on an earnings per share basis.

How many employees does Columbus McKinnon have?

Columbus McKinnon employs 2,651 workers across the globe.

Does Columbus McKinnon have any subsidiaries?

The following companies are subsidiares of Columbus McKinnon: Abell-Howe, CM Insurance Company Inc., CMCO Material Handling (Pty) Ltd. , Columbus McKinnon (Hangzhou) Industries Co. Ltd., Columbus McKinnon (Shanghai) International Trading Co. LTD, Columbus McKinnon Asia Pacific Ltd., Columbus McKinnon Asia Pacific Pte. Ltd. , Columbus McKinnon Austria GmbH, Columbus McKinnon Benelux B.V. , Columbus McKinnon Corporation Ltd., Columbus McKinnon Dutch Holdings 1 B.V., Columbus McKinnon Dutch Holdings 2 B.V., Columbus McKinnon Dutch Holdings 3 B.V., Columbus McKinnon EMEA GmbH, Columbus McKinnon Engineered Products GmbH, Columbus McKinnon France S.a.r.l., Columbus McKinnon Hungary Kft., Columbus McKinnon Ibérica S.L.U., Columbus McKinnon Industrial Products Co. Ltd., Columbus McKinnon Industrial Products GmbH, Columbus McKinnon Ireland Ltd., Columbus McKinnon Italia S.r.l., Columbus McKinnon Kaldirma ESVT Ltd., Columbus McKinnon Latin America B.V. , Columbus McKinnon Limited, Columbus McKinnon Maghreb S.a.r.l AAU, Columbus McKinnon Polska Sp.z.o.o, Columbus McKinnon Russia LLC, Columbus McKinnon Singapore Pte. Ltd., Columbus McKinnon Switzerland AG, Columbus McKinnon de Mexico S.A. de C.V., Columbus McKinnon de Panama S.A., Columbus McKinnon de Uruguay S.A., Columbus McKinnon do Brazil Ltda. , Crane Equipment & Service Inc., Eastern Morris Cranes Company Limited, Ferromet al Limitada, Hebetechnik Gesellschaft GmbH, Lister Bolt and Chain, Magnetek (UK) Limited, Magnetek Canada ULC, Magnetek Inc., Magnetek National Electric Coil Inc., Morris Middle East Ltd., Pfaff Beteiligungs GmbH, Pfaff Silberblau Utilaje de Ridicat si Transportat S.R.L., STAHL CraneSystems GmbH, STAHL Cranesystems FZE, STAHL Cranesystems Inc., STAHL Cranesystems India Private Ltd., STAHL Cranesystems Pte. Ltd., STAHL Cranesystems S.A.S, STAHL Cranesystems S.L. , STAHL Cranesystems Shanghai Co. Ltd., Société d’Exploitation des Raccords Gautier, Stahl Cranesystems Ltd. , Stahlhammer Bommern GmbH, Unified Industries Inc., Verkehrstechnik Gmbh, Washington Equipment Co., Yale Engineering Products (Pty.) Ltd., Yale Industrial Products Asia Co. Ltd., Yale Industrial Products Inc., Yale Industrial Products Ltd., Yale Lifting Solutions (Pty.), and Yale Lifting Solutions Industrial (Pty.).

When was Columbus McKinnon founded?

Columbus McKinnon was founded in 1875.

What is Columbus McKinnon's official website?

The official website for Columbus McKinnon is www.cmworks.com.

Where are Columbus McKinnon's headquarters?

Columbus McKinnon is headquartered at 205 CROSSPOINT PARKWAY, GETZVILLE NY, 14068.

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].


This page was last updated on 9/21/2021 by MarketBeat.com Staff
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