NYSE:CFX - Colfax Stock Price, Forecast & News

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

Colfax Corp (NYSE:CFX) posted its quarterly earnings data 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 analyst estimates of $852.39 million. Colfax had a negative net margin of 12.40% and a positive return on equity of 9.06%. Colfax's revenue was up 61.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $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 earnings per share guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.97.

17 Wall Street analysts have issued 12 month price targets for Colfax's stock. Their forecasts range from $9.00 to $40.00. On average, they expect Colfax's stock price to reach $28.79 in the next year. This suggests that the stock has a possible downside of 17.7%. 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 been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Colfax earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines 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 company's share price in the near future. 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 Flowserve (FLS).

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 variety of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (2.46%), State Street Corp (1.75%), Wedge Capital Management L L P NC (1.21%), River Road Asset Management LLC (0.91%), Strs Ohio (0.71%) and Parametric Portfolio Associates LLC (0.45%). 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, State Street Corp, First Trust Advisors LP, Boston Partners, Defender Capital LLC., Rhumbline Advisers, Retirement Systems of Alabama and Comerica Bank. Company insiders that have sold Colfax company stock in the last year include Christopher M Hix, Daniel A Pryor, Ian Brander, Lynn H Clark, Matthew L Trerotola and Shyam Kambeyanda. View Insider Buying and Selling for Colfax.

CFX stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., 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 and Parametric Portfolio Associates LLC. 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 $34.99.

Colfax has a market capitalization of $4.12 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.