What is DA Davidson's Forecast for CMCO FY2025 Earnings?

Columbus McKinnon Co. (NASDAQ:CMCO - Free Report) - Equities researchers at DA Davidson reduced their FY2025 EPS estimates for Columbus McKinnon in a research report issued on Wednesday, February 19th. DA Davidson analyst M. Summerville now forecasts that the industrial products company will earn $2.45 per share for the year, down from their previous forecast of $2.98. DA Davidson has a "Neutral" rating and a $35.00 price target on the stock. The consensus estimate for Columbus McKinnon's current full-year earnings is $2.69 per share. DA Davidson also issued estimates for Columbus McKinnon's Q4 2025 earnings at $0.57 EPS and FY2026 earnings at $2.70 EPS.

Separately, StockNews.com downgraded shares of Columbus McKinnon from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th.

Columbus McKinnon Trading Down 0.9 %

CMCO traded down $0.17 during trading on Friday, reaching $18.33. The company had a trading volume of 1,551,202 shares, compared to its average volume of 557,442. The firm's 50-day simple moving average is $33.11 and its 200 day simple moving average is $34.18. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.10 and a current ratio of 2.03. The company has a market cap of $524.33 million, a price-to-earnings ratio of 55.53 and a beta of 1.22. Columbus McKinnon has a 12-month low of $17.41 and a 12-month high of $45.84.

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Columbus McKinnon (NASDAQ:CMCO - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The industrial products company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.18). Columbus McKinnon had a return on equity of 8.64% and a net margin of 0.95%.

Institutional Investors Weigh In On Columbus McKinnon

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Columbus McKinnon in the fourth quarter worth $26,416,000. Victory Capital Management Inc. increased its position in Columbus McKinnon by 117.8% in the 4th quarter. Victory Capital Management Inc. now owns 737,250 shares of the industrial products company's stock worth $27,455,000 after purchasing an additional 398,826 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Columbus McKinnon during the 4th quarter worth about $14,799,000. Segall Bryant & Hamill LLC lifted its holdings in shares of Columbus McKinnon by 95.3% during the 4th quarter. Segall Bryant & Hamill LLC now owns 730,125 shares of the industrial products company's stock valued at $27,190,000 after buying an additional 356,232 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Columbus McKinnon by 207.9% in the 4th quarter. Invesco Ltd. now owns 455,210 shares of the industrial products company's stock valued at $16,952,000 after buying an additional 307,355 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company's stock.

Insider Buying and Selling

In related news, Director Christopher J. Stephens purchased 5,000 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $20.27 per share, for a total transaction of $101,350.00. Following the completion of the acquisition, the director now owns 11,014 shares in the company, valued at $223,253.78. This trade represents a 83.14 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.98% of the company's stock.

Columbus McKinnon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, February 7th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Friday, February 7th. Columbus McKinnon's payout ratio is 84.85%.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.