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

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$42.90 +0.14 (+0.33 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$42.90
Today's Range$42.4071 - $43.32
52-Week Range$34.02 - $45.85
Volume127,348 shs
Average Volume99,927 shs
Market Capitalization$995.12 million
P/E Ratio21.34
Dividend Yield0.47%
Beta1.87
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 Ratio0.72
Current Ratio1.84
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio21.34
Forward P/E Ratio16.56
P/E GrowthN/A

Sales & Book Value

Annual Sales$839.42 million
Price / Sales1.19
Cash Flow$3.7337 per share
Price / Cash11.49
Book Value$17.73 per share
Price / Book2.42

Profitability

EPS (Most Recent Fiscal Year)$2.01
Net Income$22.06 million
Net Margins2.10%
Return on Equity13.04%
Return on Assets4.58%

Miscellaneous

Employees3,328
Outstanding Shares23,270,000
Market Cap$995.12 million

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, July 24th. Shareholders of record on Friday, August 10th will be given a dividend of $0.05 per share on Monday, August 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date is Thursday, August 9th. 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 Tuesday, July, 31st. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.14. The industrial products company had revenue of $224.99 million for the quarter, compared to the consensus estimate of $219.22 million. Columbus McKinnon had a net margin of 2.10% and a return on equity of 13.04%. The firm's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the business posted $0.55 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, October, 30th 2018. View Earnings Estimates for Columbus McKinnon.

What price target have analysts set for CMCO?

3 equities research analysts have issued twelve-month price objectives for Columbus McKinnon's shares. Their predictions range from $49.00 to $50.00. On average, they anticipate Columbus McKinnon's stock price to reach $49.6667 in the next twelve months. This suggests a possible upside of 15.8% 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.

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)

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.58%), Dimensional Fund Advisors LP (6.52%), Macquarie Group Ltd. (4.82%), Cortina Asset Management LLC (2.67%), Northern Trust Corp (2.30%) and Rice Hall James & Associates LLC (1.99%). 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 LSV Asset Management, Penn Capital Management Co. Inc., Foundry Partners LLC, Boston Partners, Aristotle Capital Boston LLC, Bank of New York Mellon Corp, Bank of New York Mellon Corp and US Bancorp DE. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Gene P Buer, Gregory P Rustowicz and Mark R Paradowski. View Insider Buying and Selling for Columbus McKinnon.

Which major investors are buying Columbus McKinnon stock?

CMCO stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Cortina Asset Management LLC, Rice Hall James & Associates LLC, Macquarie Group Ltd., Millennium Management LLC, Systematic Financial Management LP, BlackRock Inc. and Phocas Financial Corp.. 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 $42.90.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $995.12 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.

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:  160 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  327
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 9/22/2018 by MarketBeat.com Staff

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