Columbus McKinnon (NASDAQ:CMCO - Get Free Report) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.74 for the period, compared to the consensus EPS estimate of $0.82. The company issued revenue guidance of $254.1 million, compared to the consensus revenue estimate of $263.96 million. Columbus McKinnon also updated its Q3 2025 guidance to 0.740-0.740 EPS.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Columbus McKinnon from a "buy" rating to a "hold" rating in a research report on Friday, August 2nd.
Check Out Our Latest Stock Analysis on CMCO
Columbus McKinnon Price Performance
Shares of NASDAQ CMCO traded down $0.11 during mid-day trading on Wednesday, reaching $32.13. The company's stock had a trading volume of 651,976 shares, compared to its average volume of 175,204. The stock has a fifty day moving average of $33.30 and a two-hundred day moving average of $36.39. The firm has a market capitalization of $927.24 million, a PE ratio of 19.83 and a beta of 1.17. Columbus McKinnon has a 52 week low of $29.26 and a 52 week high of $45.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.07 and a quick ratio of 1.20.
Columbus McKinnon (NASDAQ:CMCO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.01. Columbus McKinnon had a net margin of 4.52% and a return on equity of 9.50%. The business had revenue of $239.73 million during the quarter, compared to analyst estimates of $241.25 million. During the same period last year, the firm posted $0.62 EPS. The company's revenue was up 1.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Columbus McKinnon will post 3.02 EPS for the current fiscal year.
Columbus McKinnon Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, November 8th. This represents a $0.28 annualized dividend and a yield of 0.87%. Columbus McKinnon's payout ratio is 17.28%.
About Columbus McKinnon
(
Get Free Report)
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.
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