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

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$35.59 -0.59 (-1.63 %)
(As of 05/23/2019 06:00 AM ET)
Previous Close$36.18
Today's Range$35.54 - $36.55
52-Week Range$27.66 - $45.85
Volume44,254 shs
Average Volume75,084 shs
Market Capitalization$831.03 million
P/E Ratio14.13
Dividend Yield0.66%
Beta1.8
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. 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$839.42 million
Cash Flow$3.6615 per share
Book Value$17.73 per share

Profitability

Net Income$22.06 million

Miscellaneous

Employees3,328
Market Cap$831.03 million
Next Earnings Date5/29/2019 (Confirmed)
OptionableOptionable

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 0.67%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost 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 earnings results on Tuesday, October, 30th. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.08. The industrial products company had revenue of $217.14 million for the quarter, compared to analysts' expectations of $218.91 million. Columbus McKinnon had a return on equity of 14.55% and a net margin of 3.58%. The company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 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 Wednesday, May 29th 2019. View Earnings Estimates for Columbus McKinnon.

How can I listen to Columbus McKinnon's earnings call?

Columbus McKinnon will be holding an earnings conference call on Wednesday, May 29th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CMCO?

3 brokers have issued 12 month price objectives for Columbus McKinnon's shares. Their forecasts range from $42.00 to $54.00. On average, they anticipate Columbus McKinnon's stock price to reach $46.6667 in the next twelve months. This suggests a possible upside of 31.1% 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?

Headlines about CMCO stock have trended positive on Thursday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Columbus McKinnon earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

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 variety of of retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (7.02%), Dimensional Fund Advisors LP (6.67%), BlackRock Inc. (6.52%), Lazard Asset Management LLC (3.37%), FMR LLC (2.72%) and Westwood Holdings Group Inc. (2.21%). 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 institutional 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, Renaissance Technologies LLC, Lazard Asset Management LLC, Marshall Wace LLP, BlackRock Inc., Eagle Boston Investment Management Inc. and Rice Hall James & Associates LLC. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman and Gregory P Rustowicz. 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 FMR LLC, Macquarie Group Ltd., Westwood Holdings Group Inc., Walthausen & Co. LLC, State of Wisconsin Investment Board, Goldman Sachs Group Inc., Skylands Capital LLC and Charles Schwab Investment Management Inc.. 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 $35.59.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $831.03 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:  193 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  401
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 5/23/2019 by MarketBeat.com Staff

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