Colfax Corporation operates as a diversified industrial technology company worldwide. The company operates through Air and Gas Handling, and Fabrication Technology segments. The Air and Gas Handling segment designs, manufactures, and supplies heavy-duty centrifugal and axial fans, rotary heat exchangers, and gas compressors, as well as related products, systems, and services. It markets air and gas handling products under the Howden brand name. This segment sells its products and services directly, as well as through independent representatives and distributors to customers in the power generation, oil, gas and petrochemical, mining, wastewater, general industrial, and other end markets. The Fabrication Technology segment formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding of steels, aluminum, and other metals and metal alloys. This segment also provides welding consumables comprising electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, such as electrodes, nozzles, and shields and tips under the ESAB brand name. It sells its products through independent distributors and direct sales to the infrastructure, wind power, marine, pipelines, mobile/off-highway equipment, oil, gas, and mining markets. Colfax Corporation was founded in 1860 and is headquartered in Annapolis Junction, Maryland.
Industry, Sector and Symbol
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:CFX
CUSIP19401410
Phone301-323-9000
Debt
Debt-to-Equity Ratio0.29
Current Ratio1.97
Quick Ratio1.52
Price-To-Earnings
Trailing P/E Ratio17.61
Forward P/E Ratio14.32
P/E Growth1.29
Sales & Book Value
Annual Sales$3.30 billion
Price / Sales1.15
Cash Flow$4.3230 per share
Price / Cash7.09
Book Value$30.27 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$151.09 million
Net Margins3.84%
Return on Equity6.13%
Return on Assets3.26%
Miscellaneous
Employees14,300
Outstanding Shares123,330,000
Colfax (NYSE:CFX) Frequently Asked Questions
What is Colfax's stock symbol?
Colfax trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFX."
How were Colfax's earnings last quarter?
Colfax Co. (NYSE:CFX) announced its quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.06. The industrial products company earned $881 million during the quarter, compared to the consensus estimate of $822.75 million. Colfax had a net margin of 3.84% and a return on equity of 6.13%. The company's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.35 earnings per share. View Colfax's Earnings History.
When is Colfax's next earnings date?
What guidance has Colfax issued on next quarter's earnings?
Colfax updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $2.05-$2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.10.
What price target have analysts set for CFX?
14 Wall Street analysts have issued 1 year target prices for Colfax's shares. Their predictions range from $28.00 to $50.00. On average, they anticipate Colfax's share price to reach $37.7950 in the next twelve months. View Analyst Ratings for Colfax.
Who are some of Colfax's key competitors?
Who are Colfax's key executives?
Colfax's management team includes the folowing people:
- Mr. Mitchell P. Rales, Co-Founder & Chairman (Age 61)
- Mr. Matthew L. Trerotola, Pres, CEO & Director (Age 51)
- Mr. Christopher M. Hix, Sr. VP of Fin., CFO & Treasurer (Age 56)
- Mr. Daniel A. Pryor, Exec. VP of Strategy & Bus. Devel. (Age 50)
- Mr. Ian H. Brander, Sr. Vice Persident (Age 56)
Has Colfax been receiving favorable news coverage?
News headlines about CFX stock have been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Colfax earned a news impact score of 0.27 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 47.97 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Colfax's major shareholders?
Colfax's stock is owned by a number of of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (6.69%), Victory Capital Management Inc. (4.29%), BlackRock Inc. (3.41%), Bares Capital Management Inc. (2.59%), Dimensional Fund Advisors LP (2.31%) and Diamond Hill Capital Management Inc. (2.21%). Company insiders that own Colfax stock include A Lynne Puckett, Daniel A Pryor, Darryl Mayhorn, Ian Brander, Matthew L Trerotola, Rajiv Vinnakota, Shyam Kambeyanda and Stephen Wittig. View Institutional Ownership Trends for Colfax.
Which major investors are selling Colfax stock?
CFX stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Bares Capital Management Inc., PNC Financial Services Group Inc., Oak Ridge Investments LLC, Schwartz Investment Counsel Inc., Robertson Opportunity Capital LLC, Thrivent Financial for Lutherans and Massachusetts Financial Services Co. MA. Company insiders that have sold Colfax company stock in the last year include A Lynne Puckett, Daniel A Pryor, Darryl Mayhorn, Ian Brander, Rajiv Vinnakota, Shyam Kambeyanda and Stephen Wittig. View Insider Buying and Selling for Colfax.
Which major investors are buying Colfax stock?
CFX stock was acquired by a variety of institutional investors in the last quarter, including Cooke & Bieler LP, Victory Capital Management Inc., Cove Street Capital LLC, Diamond Hill Capital Management Inc., Oakview Capital Management L.P., Academy Capital Management Inc. TX, BlackRock Inc. and Wedge Capital Management L L P NC. View Insider Buying and Selling for Colfax.
How do I buy shares of Colfax?
Shares of CFX 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 Colfax's stock price today?
One share of CFX stock can currently be purchased for approximately $30.65.
How big of a company is Colfax?
Colfax has a market capitalization of $3.78 billion and generates $3.30 billion in revenue each year. The industrial products company earns $151.09 million in net income (profit) each year or $1.74 on an earnings per share basis. Colfax employs 14,300 workers across the globe.
How can I contact Colfax?
Colfax's mailing address is 420 NATIONAL BUSINESS PARKWAY 5TH FLOOR, ANNAPOLIS JUNCTION MD, 20701. The industrial products company can be reached via phone at 301-323-9000.
MarketBeat Community Rating for Colfax (CFX)
MarketBeat's community ratings are surveys of what our community members think about Colfax and other stocks. Vote "Outperform" if you believe CFX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFX will underperform the S&P 500 over the long term. You may vote once every thirty days.
