Columbus McKinnon Corporation Company Profile (NASDAQ:CMCO)

About Columbus McKinnon Corporation (NASDAQ:CMCO)

Columbus McKinnon Corporation logoColumbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The Company's products include various electric, air-powered, lever, and hand hoists, hoist trolleys, winches, industrial crane systems, such as steel bridge, gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders; power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Construction Machinery
  • Sub-Industry: Industrial Machinery
  • Symbol: NASDAQ:CMCO
  • CUSIP: 19933310
  • Web:
  • Market Cap: $840.53 million
  • Outstanding Shares: 22,625,000
Average Prices:
  • 50 Day Moving Avg: $35.49
  • 200 Day Moving Avg: $29.11
  • 52 Week Range: $16.86 - $38.64
  • Trailing P/E Ratio: 56.42
  • Foreward P/E Ratio: 15.91
  • P/E Growth: 1.97
Sales & Book Value:
  • Annual Revenue: $691.84 million
  • Price / Sales: 1.22
  • Book Value: $16.11 per share
  • Price / Book: 2.31
  • Annual Dividend: $0.16
  • Dividend Yield: 0.4%
  • EBITDA: $79.8 million
  • Net Margins: 2.06%
  • Return on Equity: 10.30%
  • Return on Assets: 3.60%
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 1.93%
  • Quick Ratio: 1.16%
  • Average Volume: 133,777 shs.
  • Beta: 1.9
  • Short Ratio: 1.93

Frequently Asked Questions for Columbus McKinnon Corporation (NASDAQ:CMCO)

What is Columbus McKinnon Corporation's stock symbol?

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

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

Columbus McKinnon Corporation declared a quarterly dividend on Tuesday, July 25th. Investors of record on Friday, August 11th will be given a dividend of $0.04 per share on Monday, August 21st. This represents a $0.16 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, August 9th. View Columbus McKinnon Corporation's Dividend History.

How were Columbus McKinnon Corporation's earnings last quarter?

Columbus McKinnon Corporation (NASDAQ:CMCO) announced its quarterly earnings results on Tuesday, August, 1st. The company reported $0.55 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.23. The firm earned $203.70 million during the quarter, compared to the consensus estimate of $190.62 million. Columbus McKinnon Corporation had a return on equity of 10.30% and a net margin of 2.06%. The firm's revenue was up 36.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 EPS. View Columbus McKinnon Corporation's Earnings History.

When will Columbus McKinnon Corporation make its next earnings announcement?

Columbus McKinnon Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Columbus McKinnon Corporation.

Where is Columbus McKinnon Corporation's stock going? Where will Columbus McKinnon Corporation's stock price be in 2017?

3 analysts have issued 1-year price objectives for Columbus McKinnon Corporation's stock. Their predictions range from $30.00 to $36.00. On average, they anticipate Columbus McKinnon Corporation's share price to reach $33.67 in the next twelve months. View Analyst Ratings for Columbus McKinnon Corporation.

What are analysts saying about Columbus McKinnon Corporation stock?

Here are some recent quotes from research analysts about Columbus McKinnon Corporation stock:

  • 1. According to Zacks Investment Research, "Columbus McKinnon, is a broad-line designer, manufacturer and supplier of sophisticated material handling products and integrated material handling solutions that are widely distributed to industrial and consumer markets worldwide. The Company's material handling products are sold, omestically and internationally, principally to third party distributors and, to a lesser extent, directly to manufacturers and other end-users. The Company's integrated material handling solutions businesses deal directly with end-users. " (10/3/2017)
  • 2. Seaport Global Securities analysts commented, "We are upgrading CMCO to Buy (from Neutral), with a new price target of $30 (from $24). Much of our renewed optimism stems from the purchase of Stahl from Konecranes; we believe the purchase price amounts to less than 8x trailing EBITDA vs. recent comps at ~10x. After the announcement of the Stahl deal, CMCO announced an equity offering that eliminated the company's need to issue high-coupon debt, and FY 2018 (beginning 4/1/17) EPS accretion expectations (now $0.30 for FY 2018) were increased by ~2.5x, yet the stock is trading at the same price as before this announcement. We believe investors are currently valuing the pro forma combined company at 7.0x-7.5x EV/EBITDA (including synergies), whereas the rest of the sector is trading at ~9.5x. While a discount may be appropriate given the debt surrounding the deal, the current discount may be too severe; the pro forma combined company is expected to reduce debt by ~$100MM by the end of FY 2019, resulting in a more-reasonable 2.5x net debt-to-EBITDA. Our new price target values the pro forma combined entity at ~8.0x. With respect to CMCO's core business, some of the macro indicators that serve as a leading indicator for CMCO (such as capacity utilization) do not appear to have recovered, but could be in a bottoming phase, given increasing oil & gas budgets and a strong PMI New Orders Index. We currently assume volume increases of 2.5% for FY 2018, but this could prove conservative, especially later in the FY." (1/23/2017)

Who are some of Columbus McKinnon Corporation's key competitors?

Who are Columbus McKinnon Corporation's key executives?

Columbus McKinnon Corporation's management team includes the folowing people:

  • Ernest R. Verebelyi, Independent Chairman of the Board
  • Mark D. Morelli, President, Chief Executive Officer, Director
  • Gregory P. Rustowicz, Chief Financial Officer, Vice President - Finance
  • Charlene N Miraglia, Chief Human Resource Officer, Vice President of Human Resources
  • Alan S. Korman, Vice President, General Counsel, Secretary
  • Gene P. Buer, Vice President - North America & Global Vertical Markets
  • Ivo R Celi, Vice President - CMCO EMEA (Europe, Middle East, Africa)
  • Mark Paradowski, Vice President - Information Services
  • Kurt F. Wozniak, Vice President - Latin America
  • Richard H. Fleming, Independent Director

How do I buy Columbus McKinnon Corporation stock?

Shares of Columbus McKinnon Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Columbus McKinnon Corporation's stock price today?

One share of Columbus McKinnon Corporation stock can currently be purchased for approximately $37.24.

MarketBeat Community Rating for Columbus McKinnon Corporation (NASDAQ CMCO)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  202
MarketBeat's community ratings are surveys of what our community members think about Columbus McKinnon Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Columbus McKinnon Corporation (NASDAQ:CMCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $33.67 (9.60% downside)
Consensus Price Target History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Price Target History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Analysts' Ratings History for Columbus McKinnon Corporation (NASDAQ:CMCO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Roth CapitalSet Price TargetBuy$36.00MediumView Rating Details
1/26/2017SidotiUpgradeNeutral -> Buy$35.00N/AView Rating Details
1/23/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$24.00 -> $30.00N/AView Rating Details
1/15/2016Citigroup Inc.DowngradeNeutral$21.00 -> $17.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Earnings by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)
Earnings History by Quarter for Columbus McKinnon Corporation (NASDAQ CMCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.45N/AView Earnings Details
8/1/2017Q1 2018$0.32$0.55$190.62 million$203.70 millionViewListenView Earnings Details
6/2/2017Q4 2017$0.34$0.40$176.40 million$183.70 millionViewN/AView Earnings Details
1/26/2017Q317$0.35$0.22$155.88 million$152.50 millionViewN/AView Earnings Details
10/28/2016Q217$0.38$0.36$153.23 million$151.90 millionViewListenView Earnings Details
7/28/2016Q117$0.34$0.34$148.52 million$149.00 millionViewListenView Earnings Details
6/1/2016Q416$0.36$0.37$164.37 million$155.10 millionViewN/AView Earnings Details
1/28/2016Q316$0.39$0.32$166.19 million$159.70 millionViewListenView Earnings Details
10/30/2015Q216$0.42$0.40$143.63 million$146.00 millionViewListenView Earnings Details
7/31/2015Q116$0.38$0.36$139.56 million$136.20 millionViewListenView Earnings Details
5/28/2015Q415$0.57$0.45$154.73 million$148.90 millionViewListenView Earnings Details
1/29/2015Q315$0.36$0.39$146.70 million$140.80 millionViewN/AView Earnings Details
10/24/2014Q215$0.40$0.53$146.30 million$147.00 millionViewListenView Earnings Details
7/31/2014Q115$0.43$0.34$150.10 million$142.90 millionViewN/AView Earnings Details
5/22/2014Q414$0.47$0.52$155.30 million$160.50 millionViewN/AView Earnings Details
1/22/2014Q314$0.38$0.31$144.05 million$145.10 millionViewN/AView Earnings Details
10/24/2013Q214$0.32$0.36$140.45 million$138.80 millionViewN/AView Earnings Details
7/26/2013Q1 2014$0.33$0.37$149.55 million$138.90 millionViewN/AView Earnings Details
5/23/2013Q4 2013$0.38$2.64$151.20 million$144.60 millionViewN/AView Earnings Details
1/25/2013Q3 2013$0.29$0.49$143.95 million$158.20 millionViewN/AView Earnings Details
10/25/2012Q213$0.37$0.42$155.55 million$146.50 millionViewN/AView Earnings Details
7/19/2012$0.27$0.43ViewN/AView Earnings Details
5/24/2012$0.39$0.46ViewN/AView Earnings Details
1/27/2012$0.24$0.33ViewN/AView Earnings Details
10/28/2011$0.26$0.34ViewN/AView Earnings Details
7/22/2011$0.24$0.20ViewN/AView Earnings Details
5/26/2011$0.27$0.20ViewN/AView Earnings Details
1/28/2011$0.18$0.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Columbus McKinnon Corporation (NASDAQ:CMCO)
2017 EPS Consensus Estimate: $1.45
2018 EPS Consensus Estimate: $1.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.32$0.35$0.34
Q2 20172$0.37$0.38$0.38
Q3 20172$0.32$0.37$0.35
Q4 20172$0.38$0.41$0.40
Q1 20181$0.29$0.29$0.29
Q2 20181$0.44$0.44$0.44
Q3 20181$0.37$0.37$0.37
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)


Current Dividend Information for Columbus McKinnon Corporation (NASDAQ:CMCO)
Most Recent Dividend:8/21/2017
Annual Dividend:$0.16
Dividend Yield:0.43%
Payout Ratio:25.00% (Trailing 12 Months of Earnings)
8.29% (Based on This Year's Estimates)
6.84% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)

Dividend History by Quarter for Columbus McKinnon Corporation (NASDAQ CMCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Columbus McKinnon Corporation (NASDAQ:CMCO)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 86.37%
Insider Trades by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)
Institutional Ownership by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)
Insider Trades by Quarter for Columbus McKinnon Corporation (NASDAQ:CMCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Alan S KormanVPSell2,500$32.93$82,325.00View SEC Filing  
8/28/2017Alan S. KormanVPSell1,000$32.00$32,000.00View SEC Filing  
8/25/2017Timothy T TevensDirectorSell43,845$31.84$1,396,024.80View SEC Filing  
8/15/2017Kurt F WozniakVPSell13,205$31.64$417,806.20View SEC Filing  
8/15/2017Timothy T TevensDirectorSell9,723$32.01$311,233.23View SEC Filing  
8/8/2017Gene P BuerVPSell28,795$32.67$940,732.65View SEC Filing  
8/8/2017Timothy T TevensDirectorSell45,172$32.76$1,479,834.72View SEC Filing  
8/4/2017Alan S. KormanVPSell4,253$32.17$136,819.01View SEC Filing  
8/4/2017Timothy T TevensCEOSell8,770$32.15$281,955.50View SEC Filing  
8/2/2017Gene P. BuerVPSell10,669$31.66$337,780.54View SEC Filing  
6/9/2017Alan S. KormanVPSell1,000$28.71$28,710.00View SEC Filing  
6/6/2017Alan S. KormanVPSell500$27.72$13,860.00View SEC Filing  
6/2/2017Alan S. KormanVPSell3,000$27.13$81,390.00View SEC Filing  
9/12/2016Alan S KormanVPSell2,000$17.91$35,820.00View SEC Filing  
2/25/2015Richard A SteinbergVPSell8,647$26.54$229,491.38View SEC Filing  
2/23/2015Gene P BuerVPSell1,786$25.79$46,060.94View SEC Filing  
10/28/2014Richard A SteinbergVPSell11,000$27.13$298,430.00View SEC Filing  
8/15/2014Gene P BuerVPSell2,240$24.98$55,955.20View SEC Filing  
8/5/2014Gene P BuerVPSell2,500$23.75$59,375.00View SEC Filing  
5/28/2014Eric WoonVPSell10,474$29.79$312,020.46View SEC Filing  
2/14/2014Charles GiesigeVPSell4,807$25.97$124,837.79View SEC Filing  
11/26/2013Eric WoonVPSell1,375$27.16$37,345.00View SEC Filing  
10/28/2013Kurt F WozniakVPSell2,843$26.91$76,505.13View SEC Filing  
7/1/2013Timothy T TevensCEOSell3,800$22.00$83,600.00View SEC Filing  
6/28/2013Timothy T TevensCEOSell12,867$22.00$283,074.00View SEC Filing  
5/30/2013Timothy T TevensCEOSell33,333$20.88$695,993.04View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Columbus McKinnon Corporation (NASDAQ:CMCO)
Latest Headlines for Columbus McKinnon Corporation (NASDAQ:CMCO)
DateHeadline logoColumbus McKinnon Announces Second Quarter Fiscal 2018 Conference Call and Webcast - October 16 at 6:05 PM logoColumbus McKinnon Corporation (CMCO) Expected to Announce Quarterly Sales of $203.20 Million - October 13 at 9:54 AM logoColumbus McKinnon Corporation (CMCO) Given Average Rating of "Hold" by Brokerages - October 11 at 11:06 AM logoZacks: Brokerages Anticipate Columbus McKinnon Corporation (CMCO) to Post $0.45 EPS - October 11 at 2:10 AM featured highlights: BayerischeMotorenWerke, Johnson Outdoors, PFSweb and Columbus McKinnon - October 5 at 11:12 AM logoColumbus McKinnon (CMCO) Presents At The Sidoti & Company Fall 2017 Convention - Slideshow - September 29 at 4:18 PM logoABB Set to Expand Globally with GE Industrial Acquisition - Nasdaq - September 28 at 5:12 PM logoColumbus McKinnon Corporation (CMCO) Expected to Post Earnings of $0.45 Per Share - September 22 at 12:16 PM logoBet on 4 Stocks With Rising Cash Flows to Scoop Big Gains - September 22 at 9:54 AM logoStocks With Rising Composite Ratings: Columbus McKinnon - September 19 at 5:21 PM logoColumbus McKinnon Corporation (CMCO) Given Consensus Recommendation of "Buy" by Brokerages - September 16 at 8:16 AM logoColumbus McKinnon (CMCO) Presents At CL King 15th Annual Best Ideas Conference - Slideshow - September 14 at 6:06 PM logoColumbus McKinnon Corp. : CMCO-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 12, 2017 - September 12 at 11:00 PM logoColumbus McKinnon Corporation (CMCO) VP Alan S. Korman Sells 2,500 Shares - September 12 at 1:30 PM logoColumbus McKinnon to Participate at CL King Best Ideas Conference and Sidoti Fall 2017 Convention - September 7 at 5:26 PM logoHead-To-Head Analysis: Caterpillar (CAT) vs. Columbus McKinnon Corporation (CMCO) - September 6 at 4:32 PM logo Brokerages Anticipate Columbus McKinnon Corporation (CMCO) Will Announce Quarterly Sales of $203.20 Million - September 5 at 5:44 AM logo Analysts Expect Columbus McKinnon Corporation (CMCO) to Announce $0.45 EPS - September 3 at 6:18 PM logoFinancial Review: Caterpillar (CAT) versus Columbus McKinnon Corporation (CMCO) - September 1 at 10:36 AM logoColumbus McKinnon Corporation (CMCO) VP Alan S. Korman Sells 1,000 Shares - August 29 at 1:32 PM logoTimothy T. Tevens Sells 43,845 Shares of Columbus McKinnon Corporation (CMCO) Stock - August 29 at 10:35 AM logoCaterpillar (CAT) & Columbus McKinnon Corporation (CMCO) Head-To-Head Survey - August 28 at 12:26 PM logoHead to Head Review: Caterpillar (CAT) vs. Columbus McKinnon Corporation (CMCO) - August 26 at 2:12 PM logoAnalyzing Columbus McKinnon Corporation (CMCO) & Caterpillar (CAT) - August 26 at 12:18 PM logoWhy Columbus McKinnon (CMCO) Could Be Positioned for a Surge - August 23 at 5:51 PM logoReviewing Columbus McKinnon Corporation (CMCO) and Caterpillar (CAT) - August 23 at 12:20 PM logoColumbus McKinnon Corporation (CMCO) Receives Average Rating of "Buy" from Analysts - August 22 at 11:12 AM logoAnalyzing Columbus McKinnon Corporation (CMCO) and Caterpillar (CAT) - August 17 at 8:26 PM logoTimothy T. Tevens Sells 9,723 Shares of Columbus McKinnon Corporation (CMCO) Stock - August 17 at 1:28 PM logoColumbus McKinnon Corporation (CMCO) VP Sells $417,806.20 in Stock - August 17 at 1:28 PM logoColumbus McKinnon Corp. (CMCO) & Caterpillar (CAT) Critical Analysis - August 15 at 4:10 AM logoColumbus McKinnon Corporation (CMCO) Director Sells $1,479,834.72 in Stock - August 10 at 1:58 PM logoColumbus McKinnon Corporation (CMCO) VP Sells $940,732.65 in Stock - August 10 at 1:58 PM logoColumbus McKinnon (CMCO) Shares March Higher, Can It Continue? - August 9 at 5:28 PM logoColumbus McKinnon Introduces CM® Rocket™ Universal Pendant Control - August 8 at 5:02 PM logoAlan S. Korman Sells 4,253 Shares of Columbus McKinnon Corporation (CMCO) Stock - August 8 at 1:26 PM logoColumbus McKinnon Corporation (NASDAQ:CMCO) CEO Timothy T. Tevens Sells 8,770 Shares - August 8 at 1:26 PM logoColumbus McKinnon Corp. – Value Analysis (NASDAQ:CMCO) : August 7, 2017 - August 7 at 5:42 PM logoBuy These 5 Stocks on New Analyst Coverage - August 3 at 3:18 PM logoAnalysts Issue Forecasts for Columbus McKinnon Corporation's Q2 2018 Earnings (NASDAQ:CMCO) - August 3 at 2:44 PM logoColumbus McKinnon Corporation (NASDAQ:CMCO) VP Gene P. Buer Sells 10,669 Shares - August 3 at 1:24 PM logoEdited Transcript of CMCO earnings conference call or presentation 1-Aug-17 2:00pm GMT - August 2 at 11:08 PM logoColumbus McKinnon stock soars as new CEO Mark Morelli makes his mark - August 1 at 11:04 PM logoColumbus McKinnon's (CMCO) CEO Mark Morelli on Q1 2018 Results - Earnings Call Transcript - August 1 at 11:04 PM logoCORRECTING and REPLACING Columbus McKinnon Reports $0.51 Earnings per Diluted Share on 37% Sales Growth for First Quarter Fiscal Year 2018 - August 1 at 6:02 PM logoColumbus McKinnon posts 1Q profit - August 1 at 6:02 PM logoColumbus McKinnon Corporation (CMCO) Releases Quarterly Earnings Results - August 1 at 8:53 AM logoColumbus McKinnon Corporation (CMCO) Now Covered by Roth Capital - July 30 at 12:32 AM logoColumbus McKinnon Corporation (CMCO) Short Interest Update - July 29 at 7:14 AM logoColumbus McKinnon Corporation (NASDAQ:CMCO) Given Consensus Recommendation of "Hold" by Analysts - July 28 at 11:20 AM



Columbus McKinnon Corporation (CMCO) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.