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

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$34.60 -1.52 (-4.21 %)
(As of 11/19/2018 04:00 PM ET)
Previous Close$36.12
Today's Range$34.58 - $36.12
52-Week Range$29.70 - $45.85
Volume128,632 shs
Average Volume142,857 shs
Market Capitalization$843.25 million
P/E Ratio17.21
Dividend Yield0.55%
Beta1.75
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

Stock Exchange NASDAQ
Industry Construction machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:CMCO
Previous Symbol
CUSIP19933310
Phone716-689-5400

Debt

Debt-to-Equity Ratio0.66
Current Ratio1.85
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio17.21
Forward P/E Ratio13.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$839.42 million
Price / Sales0.96
Cash Flow$3.5633 per share
Price / Cash9.71
Book Value$17.73 per share
Price / Book1.95

Profitability

EPS (Most Recent Fiscal Year)$2.01
Net Income$22.06 million
Net Margins2.49%
Return on Equity13.88%
Return on Assets5.03%

Miscellaneous

Employees3,328
Outstanding Shares23,350,000
Market Cap$843.25 million
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 announced a quarterly dividend on Tuesday, October 23rd. Investors of record on Friday, November 9th will be paid a dividend of $0.05 per share on Monday, November 19th. This represents a $0.20 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Thursday, November 8th. View Columbus McKinnon's Dividend History.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Corp. (NASDAQ:CMCO) issued its quarterly earnings data on Tuesday, October, 30th. The industrial products company reported $0.70 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 the consensus estimate of $218.91 million. Columbus McKinnon had a return on equity of 13.88% and a net margin of 2.49%. The company's quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business 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 Tuesday, February 5th 2019. View Earnings Estimates for Columbus McKinnon.

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

Columbus McKinnon issued an update on its third quarter 2019 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $217.074-219.161 million, compared to the consensus revenue estimate of $214.48 million.

What price target have analysts set for CMCO?

3 analysts have issued 1-year target prices for Columbus McKinnon's stock. Their predictions range from $50.00 to $54.00. On average, they expect Columbus McKinnon's stock price to reach $51.3333 in the next year. This suggests a possible upside of 48.4% 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?

News articles about CMCO stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Columbus McKinnon earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.65%), Dimensional Fund Advisors LP (6.48%), Macquarie Group Ltd. (5.48%), Rice Hall James & Associates LLC (2.04%), FMR LLC (1.75%) and Alliancebernstein L.P. (1.74%). 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 Alliancebernstein L.P., Bridgeway Capital Management Inc., Essex Investment Management Co. LLC, Russell Investments Group Ltd., ClariVest Asset Management LLC, GSA Capital Partners LLP, First Trust Advisors LP and Rutabaga Capital Management LLC MA. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Gregory P Rustowicz and Mark R Paradowski. 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 Walthausen & Co. LLC, FMR LLC, Macquarie Group Ltd., Northpointe Capital LLC, Renaissance Technologies LLC, Northwestern Mutual Wealth Management Co., JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $34.60.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $843.25 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:  166 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  341
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 11/19/2018 by MarketBeat.com Staff

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