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NYSE:CFXColfax Stock Price, Forecast & News

$28.35
+0.26 (+0.93 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$28.01
Now: $28.35
$28.76
50-Day Range
$21.13
MA: $25.12
$29.40
52-Week Range
$12.23
Now: $28.35
$39.30
Volume744,400 shs
Average Volume1.63 million shs
Market Capitalization$3.35 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.86
Colfax Corporation operates as a diversified technology company worldwide. The company operates through Air and Gas Handling, and Fabrication Technology segments. The Air and Gas Handling segment designs, manufactures, installs, and maintains heavy-duty fans, rotary heat exchangers, blowers, and compressors. 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 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. It 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. This segment 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.60 out of 5 stars


Industry, Sector and Symbol

Industry Pumps & pumping equipment
Sub-IndustryIndustrial Machinery
CUSIP19401410
Phone301-323-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.33 billion
Cash Flow$4.69 per share
Book Value$29.63 per share

Profitability

Net Income$-527,650,000.00

Miscellaneous

Employees15,000
Market Cap$3.35 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Colfax (NYSE:CFX) Frequently Asked Questions

How has Colfax's stock been impacted by COVID-19 (Coronavirus)?

Colfax's stock was trading at $25.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CFX stock has increased by 10.6% and is now trading at $28.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Colfax?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colfax in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Colfax.

When is Colfax's next earnings date?

Colfax is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Colfax.

How were Colfax's earnings last quarter?

Colfax Corp (NYSE:CFX) released its quarterly earnings results on Thursday, May, 7th. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.01. The industrial products company earned $816.40 million during the quarter, compared to analyst estimates of $790.17 million. Colfax had a positive return on equity of 8.89% and a negative net margin of 13.62%. The business's quarterly revenue was down 19.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 EPS. View Colfax's earnings history.

What price target have analysts set for CFX?

17 equities research analysts have issued 12 month target prices for Colfax's stock. Their forecasts range from $9.00 to $50.00. On average, they expect Colfax's stock price to reach $29.75 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Colfax.

Has Colfax been receiving favorable news coverage?

Press coverage about CFX stock has trended very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. 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 news sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutColfax.

Who are some of Colfax's key competitors?

What other stocks do shareholders of Colfax own?

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), Charles Schwab (SCHW), Accenture (ACN), UMB Financial (UMBF), Agree Realty (ADC) and Gran Tierra Energy (GTE).

Who are Colfax's key executives?

Colfax's management team includes the following people:
  • Mr. Mitchell P. Rales, Co-Founder & Chairman (Age 62)
  • Mr. Matthew L. Trerotola, Pres, CEO & Director (Age 52)
  • Mr. Christopher M. Hix, Sr. VP of Fin., CFO & Treasurer (Age 57)
  • Mr. Daniel A. Pryor, Exec. VP of Strategy & Bus. Devel. (Age 51)
  • Mr. Shyam Kambeyanda, Sr. VP (Age 48)

What is Colfax's stock symbol?

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

Who are Colfax's major shareholders?

Colfax's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.74%), Principal Financial Group Inc. (5.70%), Diamond Hill Capital Management Inc. (3.31%), State Street Corp (1.75%), Wellington Management Group LLP (1.54%) and Eminence Capital LP (1.26%). Company insiders that own Colfax stock include A Lynne Puckett, Christopher M Hix, Daniel A Pryor, Douglas J Pitts, Ian Brander, Jason Maclean, Liam Kelly, Lynn H Clark, Matthew L Trerotola and Shyam Kambeyanda. 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 Balyasny Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Principal Financial Group Inc., BlackRock Inc., Two Sigma Advisers LP, Nippon Life Global Investors Americas Inc., and Weiss Multi Strategy Advisers LLC. Company insiders that have sold Colfax company stock in the last year include Christopher M Hix, Daniel A Pryor, Douglas J Pitts, Matthew L Trerotola, and Shyam Kambeyanda. View insider buying and selling activity for Colfax.

Which institutional investors are buying Colfax stock?

CFX stock was acquired by a variety of institutional investors in the last quarter, including Eminence Capital LP, Diamond Hill Capital Management Inc., Wellington Management Group LLP, Federated Hermes Inc., Primecap Management Co. CA, Bank of New York Mellon Corp, Eagle Asset Management Inc., and DAVENPORT & Co LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Colfax's stock price today?

One share of CFX stock can currently be purchased for approximately $28.35.

How big of a company is Colfax?

Colfax has a market capitalization of $3.35 billion and generates $3.33 billion in revenue each year. The industrial products company earns $-527,650,000.00 in net income (profit) each year or $2.33 on an earnings per share basis. Colfax employs 15,000 workers across the globe.

What is Colfax's official website?

The official website for Colfax is www.colfaxcorp.com.

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.

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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