Colfax Stock Price, Forecast & Analysis (NYSE:CFX)

Colfax trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFX."

Colfax Corp (NYSE:CFX) posted its earnings results on Thursday, October, 31st. The industrial products company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.46 by $0.04. The industrial products company earned $846.52 million during the quarter, compared to analysts' expectations of $852.39 million. Colfax had a negative net margin of 12.40% and a positive return on equity of 9.06%. Colfax's quarterly revenue was up 61.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. View Colfax's Earnings History.

Colfax is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Colfax.

Colfax updated its FY19 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.97.

17 brokers have issued 1 year price objectives for Colfax's shares. Their forecasts range from $9.00 to $40.00. On average, they expect Colfax's stock price to reach $27.48 in the next twelve months. This suggests that the stock has a possible downside of 17.6%. View Analyst Price Targets for Colfax.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colfax in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Colfax.

News coverage about CFX stock has trended extremely negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Colfax earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave media stories 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 effect on the stock's share price in the next several days. View News Stories for Colfax.

Some companies that are related to Colfax include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Gardner Denver (GDI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Colfax investors own include Endologix (ELGX), Apache (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), AutoZone (AZO), Accenture (ACN), Charles Schwab (SCHW), Gran Tierra Energy (GTE), UMB Financial (UMBF) and Agree Realty (ADC).

Colfax's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (2.46%), Wedge Capital Management L L P NC (1.21%), River Road Asset Management LLC (0.91%), Strs Ohio (0.71%), Russell Investments Group Ltd. (0.28%) and Comerica Bank (0.28%). Company insiders that own Colfax stock include A Lynne Puckett, Christopher M Hix, Daniel A Pryor, Ian Brander, Jason Maclean, Lynn H Clark, Matthew L Trerotola, Rajiv Vinnakota and Shyam Kambeyanda. View Institutional Ownership Trends for Colfax.

CFX stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, First Trust Advisors LP, Defender Capital LLC., Rhumbline Advisers, Retirement Systems of Alabama, Comerica Bank, Tower Research Capital LLC TRC and Keybank National Association OH. Company insiders that have sold Colfax company stock in the last year include A Lynne Puckett, Christopher M Hix, Ian Brander, Lynn H Clark, Matthew L Trerotola and Shyam Kambeyanda. View Insider Buying and Selling for Colfax.

CFX stock was purchased by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Alps Advisors Inc., Diamond Hill Capital Management Inc., State of New Jersey Common Pension Fund D, Nippon Life Global Investors Americas Inc., Gabelli Funds LLC, Russell Investments Group Ltd. and BBVA USA Bancshares Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CFX stock can currently be purchased for approximately $33.36.

Colfax has a market capitalization of $3.93 billion and generates $3.67 billion in revenue each year. The industrial products company earns $140.20 million in net income (profit) each year or $2.31 on an earnings per share basis. Colfax employs 15,500 workers across the globe.View Additional Information About Colfax.

The official website for Colfax is http://www.colfaxcorp.com/.

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.