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

$36.72
+0.48 (+1.32 %)
(As of 02/19/2020 08:00 AM ET)
Today's Range
$36.06
Now: $36.72
$37.02
50-Day Range
$34.99
MA: $37.51
$40.03
52-Week Range
$30.76
Now: $36.72
$43.09
Volume112,100 shs
Average Volume126,743 shs
Market Capitalization$870.26 million
P/E Ratio12.53
Dividend Yield0.66%
Beta1.73
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$4.35 per share
Book Value$20.44 per share

Profitability

Net Income$42.58 million

Miscellaneous

Employees3,128
Market Cap$870.26 million
Next Earnings Date5/26/2020 (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 declared a quarterly dividend on Tuesday, January 21st. Stockholders of record on Friday, February 7th will be given a dividend of $0.06 per share on Tuesday, February 18th. This represents a $0.24 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, February 6th. 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, February, 4th. The industrial products company reported $0.64 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.05. The industrial products company earned $199.36 million during the quarter, compared to analyst estimates of $201.24 million. Columbus McKinnon had a return on equity of 15.06% and a net margin of 8.39%. The firm's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 EPS. 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, May 26th 2020. View Earnings Estimates for Columbus McKinnon.

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

Columbus McKinnon issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $196-201 million, compared to the consensus revenue estimate of $209.25 million.

What price target have analysts set for CMCO?

3 brokerages have issued 1-year 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 $48.33 in the next year. This suggests a possible upside of 31.6% 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 headlines about CMCO stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Columbus McKinnon earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Columbus McKinnon.

Who are some of Columbus McKinnon's key competitors?

What other stocks do shareholders of Columbus McKinnon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbus McKinnon investors own include NVIDIA (NVDA), Sangamo Therapeutics (SGMO), Advanced Micro Devices (AMD), Comcast (CMCSA), Alibaba Group (BABA), Owens-Illinois (OI), Verizon Communications (VZ), PepsiCo (PEP), Pluristem Therapeutics (PSTI) and American Eagle Outfitters (AEO).

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 FMR LLC (3.33%), Goldman Sachs Group Inc. (3.10%), Neumeier Poma Investment Counsel LLC (2.49%), Franklin Resources Inc. (2.41%), State Street Corp (1.98%) and Punch & Associates Investment Management Inc. (1.91%). Company insiders that own Columbus McKinnon stock include Alan S Korman, Benjamin Auyeung, Gregory P Rustowicz, Kurt F Wozniak, Mark D Morelli, 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 Walthausen & Co. LLC, Westwood Holdings Group Inc., Skyline Asset Management LP, Marshall Wace LLP, Oxford Asset Management LLP, Ceredex Value Advisors LLC, Rutabaga Capital Management LLC MA and Sei Investments Co.. Company insiders that have sold Columbus McKinnon company stock in the last year include Alan S Korman, Benjamin Auyeung, Gregory P Rustowicz, Kurt F Wozniak, Mark D Morelli, Mark R Paradowski and Peter M Mccormick. View Insider Buying and Selling for Columbus McKinnon.

Which institutional investors are buying Columbus McKinnon stock?

CMCO stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Goldman Sachs Group Inc., Neumeier Poma Investment Counsel LLC, Driehaus Capital Management LLC, Panagora Asset Management Inc., Knights of Columbus Asset Advisors LLC, California Public Employees Retirement System and Bank of Montreal Can. 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 $36.72.

How big of a company is Columbus McKinnon?

Columbus McKinnon has a market capitalization of $870.26 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:  232 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  512
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 2/19/2020 by MarketBeat.com Staff

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