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NASDAQ:CMCO

Columbus McKinnon (CMCO) Stock Price, News & Analysis

$39.41
+0.81 (+2.10%)
(As of 07/26/2024 ET)
Today's Range
$38.86
$39.61
50-Day Range
$32.11
$45.78
52-Week Range
$30.29
$45.84
Volume
136,245 shs
Average Volume
183,907 shs
Market Capitalization
$1.14 billion
P/E Ratio
24.33
Dividend Yield
0.71%
Price Target
$51.50

Columbus McKinnon MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.7% Upside
$51.50 Price Target
Short Interest
Healthy
1.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of Columbus McKinnon in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$58,241 Bought Last Quarter
Proj. Earnings Growth
9.12%
From $3.18 to $3.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.23 out of 5 stars

Industrial Products Sector

43rd out of 172 stocks

Construction Machinery Industry

1st out of 6 stocks

CMCO stock logo

About Columbus McKinnon Stock (NASDAQ:CMCO)

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual hoists, electric and air hoists, winches, hydraulic jacks, trolleys and its clamps, and lifting tables; crane systems, such as mobile and jib cranes, material handling solutions, enclosed track rail systems, and crane components and kits; and rigging equipment comprising below-the-hook lifting devices, lifting slings and lashing systems, tie-downs and load binders, forestry and hand tools, and shackles. The company also provides power and motion technology products, including linear motion products, elevator and mining drives, automation and diagnostics, brakes, radio controls, cable and festoon systems, collision avoidance systems, AC line regenerative systems, AC and DC motor control systems, conductor bar systems, inverter duty motors, pendant pushbutton stations, and wind inverters. In addition, it offers flexible chain, industrial belt, and sanitary stainless-steel conveyors, as well as pallet system conveyors and accumulation systems, and parts and belts; rotary unions and swivel joints; and rail technology products. The company serves various market verticals, including the manufacturing, transportation, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, original equipment manufacturers, government agencies, and engineering procurement and construction firms. The company was founded in 1875 and is headquartered in Buffalo, New York.

CMCO Stock Price History

CMCO Stock News Headlines

Columbus McKinnon Co. (CMCO) To Go Ex-Dividend on August 9th
This student turned $1,300 into $45,000 in just 4 Months!
With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.
This student turned $1,300 into $45,000 in just 4 Months!
With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.
Columbus McKinnon: Fiscal Q4 Earnings Snapshot
Columbus Mckinnon Corp. Q4 Profit Decreases, Misses Estimates
CMCO Columbus McKinnon Corporation
Columbus McKinnon Corporation (CMCO)
See More Headlines
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Company Calendar

Ex-Dividend for 5/13 Dividend
5/02/2024
Dividend Payable
5/13/2024
Last Earnings
5/29/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Ex-Dividend for 8/19 Dividend
8/09/2024
Dividend Payable
8/19/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Construction machinery
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:CMCO
CUSIP
19933310
Employees
3,515
Year Founded
1875

Price Target and Rating

Average Stock Price Target
$51.50
High Stock Price Target
$53.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+30.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$46.62 million
Pretax Margin
6.07%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$4.86 per share
Book Value
$30.73 per share

Miscellaneous

Free Float
28,288,000
Market Cap
$1.14 billion
Optionable
Optionable
Beta
1.21

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Key Executives


CMCO Stock Analysis - Frequently Asked Questions

How have CMCO shares performed this year?

Columbus McKinnon's stock was trading at $39.02 at the beginning of 2024. Since then, CMCO stock has increased by 1.0% and is now trading at $39.41.
View the best growth stocks for 2024 here
.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Co. (NASDAQ:CMCO) posted its quarterly earnings data on Wednesday, May, 29th. The industrial products company reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.84 by $0.09. The company's quarterly revenue was up 4.6% on a year-over-year basis.

What is David J. Wilson's approval rating as Columbus McKinnon's CEO?

16 employees have rated Columbus McKinnon Chief Executive Officer David J. Wilson on Glassdoor.com. David J. Wilson has an approval rating of 50% among the company's employees. This puts David J. Wilson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 35.0% of employees surveyed would recommend working at Columbus McKinnon to a friend.

Does Columbus McKinnon have any subsidiaries?

Columbus McKinnon subsidiaries include Dorner Mfg Corp, STAHL Cranesystems Inc., Ergomatic Products LLC, Magnetek Inc., Stahlhammer Bommern GmbH, Unified Industries Inc., Hebetechnik Gesellschaft GmbH, and more.

Who are Columbus McKinnon's major shareholders?

Top institutional shareholders of Columbus McKinnon include Allspring Global Investments Holdings LLC (3.34%), Skylands Capital LLC (0.83%), Bank of New York Mellon Corp (0.67%) and Assenagon Asset Management S.A. (0.33%). Insiders that own company stock include Gregory P Rustowicz, Peter M Mccormick, Mark R Paradowski, Lara Mario Y Ramos, Kurt F Wozniak and Christopher J Stephens.
View institutional ownership trends
.

How do I buy shares of Columbus McKinnon?

Shares of CMCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Columbus McKinnon own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Columbus McKinnon investors own include Sangamo Therapeutics (SGMO), NVIDIA (NVDA), Alibaba Group (BABA), Main Street Capital (MAIN), O-I Glass (OI), Pluristem Therapeutics (PSTI) and Teva Pharmaceutical Industries (TEVA).

This page (NASDAQ:CMCO) was last updated on 7/27/2024 by MarketBeat.com Staff

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