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
Stock Exchange NYSE
Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNYSE:CFX
Previous Symbol
CUSIP19401410
Phone301-323-9000
Debt
Debt-to-Equity Ratio0.33
Current Ratio1.83
Quick Ratio1.37
Price-To-Earnings
Trailing P/E Ratio12.08
Forward P/E Ratio9.34
P/E Growth0.66
Sales & Book Value
Annual Sales$3.30 billion
Price / Sales0.75
Cash Flow$4.3251 per share
Price / Cash Flow4.86
Book Value$30.27 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$151.09 million
Net Margins3.03%
Return on Equity6.97%
Return on Assets3.83%
Miscellaneous
Employees14,300
Outstanding Shares117,200,000
Market Cap$2.46 billion
OptionableOptionable
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 Corp (NYSE:CFX) released its quarterly earnings results on Thursday, October, 25th. The industrial products company reported $0.54 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.02. The industrial products company earned $875.37 million during the quarter, compared to analyst estimates of $893.38 million. Colfax had a net margin of 3.03% and a return on equity of 6.97%. 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 FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $2.20-2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.25.
What price target have analysts set for CFX?
16 equities research analysts have issued 12-month target prices for Colfax's shares. Their predictions range from $28.00 to $43.00. On average, they expect Colfax's stock price to reach $34.6364 in the next twelve months. This suggests a possible upside of 64.8% from the stock's current price. View Analyst Price Targets for Colfax.
What is the consensus analysts' recommendation for Colfax?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colfax in the last year. There are currently 3 sell ratings, 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Colfax.
Has Colfax been receiving favorable news coverage?
Media stories about CFX stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Colfax earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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)
Who are Colfax's major shareholders?
Colfax's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (5.91%), Vanguard Group Inc. (5.91%), BlackRock Inc. (3.89%), Victory Capital Management Inc. (3.52%), Dimensional Fund Advisors LP (2.67%) and Diamond Hill Capital Management Inc. (2.20%). Company insiders that own Colfax stock include A Lynne Puckett, Daniel A Pryor, Darryl Mayhorn, Ian Brander, Jason Maclean, Matthew L Trerotola, Rajiv Vinnakota, Shyam Kambeyanda and Stephen Wittig. View Institutional Ownership Trends for Colfax.
Which institutional investors are selling Colfax stock?
CFX stock was sold by a variety of institutional investors in the last quarter, including Ashler Capital LLC, FMR LLC, Vanguard Group Inc., Vanguard Group Inc, DAVENPORT & Co LLC, Diamond Hill Capital Management Inc., TIAA CREF Investment Management LLC and BlackRock Inc.. Company insiders that have sold Colfax company stock in the last year include A Lynne Puckett, Daniel A Pryor, Ian Brander, Jason Maclean, Matthew L Trerotola, Rajiv Vinnakota and Shyam Kambeyanda. View Insider Buying and Selling for Colfax.
Which institutional investors are buying Colfax stock?
CFX stock was purchased by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Point72 Asset Management L.P., Strs Ohio, Putnam Investments LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co. and Marshall Wace North America L.P.. 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 $21.02.
How big of a company is Colfax?
Colfax has a market capitalization of $2.46 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.
What is Colfax's official website?
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 (NYSE 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.
