Columbus McKinnon Stock Price, News & Analysis (NASDAQ:CMCO)

$38.33
+0.19 (+0.50 %)
(As of 09/23/2019 04:00 PM ET)
Today's Range
$37.97
Now: $38.33
$38.67
50-Day Range
$31.41
MA: $34.73
$38.84
52-Week Range
$27.66
Now: $38.33
$43.32
Volume6,445 shs
Average Volume155,357 shs
Market Capitalization$905.35 million
P/E Ratio13.99
Dividend Yield0.64%
Beta1.79
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$4.3756 per share
Book Value$18.46 per share

Profitability

Net Income$42.58 million

Miscellaneous

Employees3,128
Market Cap$905.35 million
Next Earnings Date10/29/2019 (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, July 23rd. Stockholders of record on Friday, August 9th will be given a dividend of $0.06 per share on Monday, August 19th. This represents a $0.24 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 8th. View Columbus McKinnon's Dividend History.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Corp. (NASDAQ:CMCO) released its earnings results on Tuesday, July, 30th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.04. The industrial products company earned $212.70 million during the quarter, compared to analysts' expectations of $214.84 million. Columbus McKinnon had a return on equity of 15.44% and a net margin of 6.19%. The company's quarterly revenue was down 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.74 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 Tuesday, October 29th 2019. View Earnings Estimates for Columbus McKinnon.

What price target have analysts set for CMCO?

5 brokers have issued 12 month target prices for Columbus McKinnon's shares. Their forecasts range from $40.00 to $55.00. On average, they expect Columbus McKinnon's stock price to reach $47.00 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for Columbus McKinnon.

What is the consensus analysts' recommendation for Columbus McKinnon?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Columbus McKinnon.

Has Columbus McKinnon been receiving favorable news coverage?

News stories about CMCO stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Columbus McKinnon earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Columbus McKinnon.

Are investors shorting Columbus McKinnon?

Columbus McKinnon saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 905,800 shares, a decrease of 12.5% from the July 15th total of 1,035,200 shares. Based on an average daily trading volume, of 122,500 shares, the days-to-cover ratio is currently 7.4 days. Currently, 4.1% of the company's 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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.58%), Royal Bank of Canada (6.57%), Vanguard Group Inc. (4.58%), Neumeier Poma Investment Counsel LLC (2.22%), Northern Trust Corp (1.94%) and Systematic Financial Management LP (1.89%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Benjamin Auyeung, Gene P Buer, Gregory P Rustowicz, 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 Royal Bank of Canada, Rice Hall James & Associates LLC, Cortina Asset Management LLC, Mackenzie Financial Corp, Mackenzie Financial Corp, Marshall Wace LLP, Westwood Holdings Group Inc. and Allianz Asset Management GmbH. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Benjamin Auyeung, Gregory P Rustowicz and Peter M Mccormick. View Insider Buying and Selling for Columbus McKinnon.

Which institutional investors are buying Columbus McKinnon stock?

CMCO stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wells Fargo & Company MN, Eagle Asset Management Inc., Morgan Stanley, Neumeier Poma Investment Counsel LLC, Calamos Advisors LLC, River & Mercantile Asset Management LLP and River & Mercantile Asset Management LLP. 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 $38.34.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $905.59 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:  207 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  441
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 9/23/2019 by MarketBeat.com Staff

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