S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:CMCO

Columbus McKinnon Stock Forecast, Price & News

$44.57
-0.31 (-0.69%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$43.55
$45.87
50-Day Range
$43.28
$53.25
52-Week Range
$37.34
$57.06
Volume
85,839 shs
Average Volume
84,125 shs
Market Capitalization
$1.27 billion
P/E Ratio
48.45
Dividend Yield
0.53%
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
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Columbus McKinnon logo

About Columbus McKinnon

Columbus McKinnon Corp. engages in the designing, manufacturing, and marketing of material handling products and systems. Its products include hoists, chain and rigging tools, digital power control and delivery systems, actuators and rotary unions, industrial cranes, and elevator application drive systems which are distributed through STAHL, Herc-Alloy, Magnetek, Duff-Norton, Pfaff, and other brands. The company was founded in 1875 and is headquartered in Getzville, NY.

Headlines

Columbus McKinnon Closes Acquisition of Garvey Corporation
December 1, 2021 |  finance.yahoo.com
40 Under 40: Nick Campanile, Columbus McKinnon Corp.
November 19, 2021 |  bizjournals.com
COLUMBUS McKINNON CORPORATION
October 28, 2021 |  businesswire.com
See More Headlines

Industry, Sector and Symbol

Industry
Construction machinery
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:CMCO
CUSIP
19933310
Employees
2,651
Year Founded
1875

Sales & Book Value

Annual Sales
$649.64 million
Cash Flow
$2.44 per share
Book Value
$25.85 per share

Profitability

Net Income
$9.11 million
Pretax Margin
3.50%

Debt

Price-To-Earnings

Miscellaneous

Free Float
27,831,000
Market Cap
$1.27 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
11/04/2021
Dividend Payable
11/15/2021
Today
12/05/2021
Next Earnings (Estimated)
1/27/2022
Fiscal Year End
3/31/2022

Social Links


MarketRank

Overall MarketRank

2.98 out of 5 stars

Industrial Products Sector

19th out of 246 stocks

Construction Machinery Industry

2nd out of 8 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -












Columbus McKinnon (NASDAQ:CMCO) Frequently Asked Questions

Is Columbus McKinnon a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbus McKinnon in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Columbus McKinnon stock.
View analyst ratings for Columbus McKinnon
or view top-rated stocks.

How has Columbus McKinnon's stock been impacted by COVID-19 (Coronavirus)?

Columbus McKinnon's stock was trading at $27.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CMCO shares have increased by 61.4% and is now trading at $44.57.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Columbus McKinnon?

Columbus McKinnon saw a decrease in short interest in November. As of November 15th, there was short interest totaling 313,000 shares, a decrease of 19.6% from the October 31st total of 389,500 shares. Based on an average daily trading volume, of 134,500 shares, the short-interest ratio is currently 2.3 days. Currently, 1.1% of the shares of the company are sold short.
View Columbus McKinnon's Short Interest
.

When is Columbus McKinnon's next earnings date?

Columbus McKinnon is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Columbus McKinnon
.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Co. (NASDAQ:CMCO) posted its quarterly earnings data on Wednesday, October, 27th. The industrial products company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.02. The industrial products company had revenue of $223.60 million for the quarter, compared to the consensus estimate of $228.41 million. Columbus McKinnon had a net margin of 3.05% and a trailing twelve-month return on equity of 9.40%. Columbus McKinnon's revenue for the quarter was up 41.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.34 EPS.
View Columbus McKinnon's earnings history
.

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

Columbus McKinnon declared a quarterly dividend on Monday, October 18th. Stockholders of record on Friday, November 5th will be given a dividend of $0.06 per share on Monday, November 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Thursday, November 4th.
View Columbus McKinnon's dividend history
.

Is Columbus McKinnon a good dividend stock?

Columbus McKinnon pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.53%. The dividend payout ratio of Columbus McKinnon is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Columbus McKinnon will have a dividend payout ratio of 6.69% next year. This indicates that Columbus McKinnon will be able to sustain or increase its dividend.
View Columbus McKinnon's dividend history.

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

Columbus McKinnon updated its third quarter 2022 earnings guidance on Thursday, November, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $215 million-$215 million, compared to the consensus revenue estimate of $222.53 million.

What price target have analysts set for CMCO?

4 brokerages have issued 12-month price targets for Columbus McKinnon's shares. Their forecasts range from $49.00 to $78.00. On average, they expect Columbus McKinnon's share price to reach $64.25 in the next twelve months. This suggests a possible upside of 44.2% from the stock's current price.
View analysts' price targets for Columbus McKinnon
or view top-rated stocks among Wall Street analysts.

Who are Columbus McKinnon's key executives?

Columbus McKinnon's management team includes the following people:

What is David J. Wilson's approval rating as Columbus McKinnon's CEO?

2 employees have rated Columbus McKinnon CEO David J. Wilson on Glassdoor.com. David J. Wilson has an approval rating of 50% among Columbus McKinnon's employees. This puts David J. Wilson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Columbus McKinnon own?

What is Columbus McKinnon's stock symbol?

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

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.58%), Dimensional Fund Advisors LP (5.20%), Macquarie Group Ltd. (4.87%), Goldman Sachs Group Inc. (4.76%), Victory Capital Management Inc. (4.61%) and Lord Abbett & CO. LLC (3.94%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Gregory P Rustowicz, Kurt F Wozniak, Mark D Morelli, Mark R Paradowski, Peter M Mccormick and Peter M Mccormick.
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 Franklin Resources Inc., Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, Morgan Stanley, Ghisallo Capital Management LLC, Granahan Investment Management Inc. MA, Macquarie Group Ltd., and Dimensional Fund Advisors LP. Company insiders that have sold Columbus McKinnon company stock in the last year include Gregory P Rustowicz, Kurt F Wozniak, Mark R Paradowski, and Peter M Mccormick.
View insider buying and selling activity for Columbus McKinnon
or view top insider-selling stocks.

Which major investors are buying Columbus McKinnon stock?

CMCO stock was acquired by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Polar Asset Management Partners Inc., Neumeier Poma Investment Counsel LLC, BlackRock Inc., Tygh Capital Management Inc., Victory Capital Management Inc., Eagle Asset Management Inc., and Lord Abbett & CO. LLC.
View insider buying and selling activity for Columbus McKinnon
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Columbus McKinnon's stock price today?

One share of CMCO stock can currently be purchased for approximately $44.57.

How much money does Columbus McKinnon make?

Columbus McKinnon has a market capitalization of $1.27 billion and generates $649.64 million in revenue each year. The industrial products company earns $9.11 million in net income (profit) each year or $0.92 on an earnings per share basis.

How many employees does Columbus McKinnon have?

Columbus McKinnon employs 2,651 workers across the globe.

Does Columbus McKinnon have any subsidiaries?

The following companies are subsidiares of Columbus McKinnon: Abell-Howe, CM Insurance Company Inc., CMCO Material Handling (Pty) Ltd. , Columbus McKinnon (Hangzhou) Industries Co. Ltd., Columbus McKinnon (Shanghai) International Trading Co. LTD, Columbus McKinnon Asia Pacific Ltd., Columbus McKinnon Asia Pacific Pte. Ltd. , Columbus McKinnon Austria GmbH, Columbus McKinnon Benelux B.V. , Columbus McKinnon Corporation Ltd., Columbus McKinnon Dutch Holdings 1 B.V., Columbus McKinnon Dutch Holdings 2 B.V., Columbus McKinnon Dutch Holdings 3 B.V., Columbus McKinnon EMEA GmbH, Columbus McKinnon Engineered Products GmbH, Columbus McKinnon France S.a.r.l., Columbus McKinnon Hungary Kft., Columbus McKinnon Ibérica S.L.U., Columbus McKinnon Industrial Products Co. Ltd., Columbus McKinnon Industrial Products GmbH, Columbus McKinnon Ireland Ltd., Columbus McKinnon Italia S.r.l., Columbus McKinnon Kaldirma ESVT Ltd., Columbus McKinnon Latin America B.V. , Columbus McKinnon Limited, Columbus McKinnon Maghreb S.a.r.l AAU, Columbus McKinnon Polska Sp.z.o.o, Columbus McKinnon Russia LLC, Columbus McKinnon Singapore Pte. Ltd., Columbus McKinnon Switzerland AG, Columbus McKinnon de Mexico S.A. de C.V., Columbus McKinnon de Panama S.A., Columbus McKinnon de Uruguay S.A., Columbus McKinnon do Brazil Ltda. , Crane Equipment & Service Inc., Eastern Morris Cranes Company Limited, Ferromet al Limitada, Hebetechnik Gesellschaft GmbH, Lister Bolt and Chain, Magnetek (UK) Limited, Magnetek Canada ULC, Magnetek Inc., Magnetek National Electric Coil Inc., Morris Middle East Ltd., Pfaff Beteiligungs GmbH, Pfaff Silberblau Utilaje de Ridicat si Transportat S.R.L., STAHL CraneSystems GmbH, STAHL Cranesystems FZE, STAHL Cranesystems Inc., STAHL Cranesystems India Private Ltd., STAHL Cranesystems Pte. Ltd., STAHL Cranesystems S.A.S, STAHL Cranesystems S.L. , STAHL Cranesystems Shanghai Co. Ltd., Société d’Exploitation des Raccords Gautier, Stahl Cranesystems Ltd. , Stahlhammer Bommern GmbH, Unified Industries Inc., Verkehrstechnik Gmbh, Washington Equipment Co., Yale Engineering Products (Pty.) Ltd., Yale Industrial Products Asia Co. Ltd., Yale Industrial Products Inc., Yale Industrial Products Ltd., Yale Lifting Solutions (Pty.), and Yale Lifting Solutions Industrial (Pty.).

When was Columbus McKinnon founded?

Columbus McKinnon was founded in 1875.

What is Columbus McKinnon's official website?

The official website for Columbus McKinnon is www.cmworks.com.

Where are Columbus McKinnon's headquarters?

Columbus McKinnon is headquartered at 205 CROSSPOINT PARKWAY, GETZVILLE NY, 14068.

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, via email at [email protected], or via fax at 716-689-5644.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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