Columbus McKinnon (CMCO) Stock Price, News & Analysis

Company Overview

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. The company also provides linear motion products, elevator and mining drives, brakes, radio controls, collision avoidance systems, regenerative drives, AC and DC drive and motor control systems, DC motor and magnet control systems, and conductor bar systems; and underfloor lifting systems, lifting jacks, roof working platforms, hybrid lifting systems, turntables, bogie axle exchange and lifting systems, bogie lift and turn devices, and workshop equipment. In addition, it offers fabric and modular belt, and sanitary, stainless steel conveyors; pallet systems; parts and belts; rotary unions and swivel joints; check valves; accumulation and transfer tables, motion control systems, and steel and flexible chains; hooks, shackles, textile slings, clamps, and load binders; actuators and rotary unions; and push button pendant stations, collision avoidance, and power delivery subsystems. It serves EV production and aerospace, 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 markets. It offers its products to end users directly, and 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 based in Charlotte, North Carolina.

Key Stats

• Today's Range: $16.11 to $17.22
• 50-Day Range: $15.95 to $37.39
• 52-Week Range: $15.48 to $45.84
• Volume: 432,699 shs
• Average Volume: 298,182 shs
• Market Capitalization: $489.28 million
• P/E Ratio: 51.82
• Dividend Yield: 1.64%
• Price Target: $44.00
• Consensus Rating: Moderate Buy

Columbus McKinnon Stock Analysis - MarketRank™

Columbus McKinnon scored higher than 79% of companies evaluated by MarketBeat, and ranked 73rd out of 178 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Columbus McKinnon has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Columbus McKinnon has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 9.67%

Earnings Growth

Earnings for Columbus McKinnon are expected to grow by 9.67% in the coming year, from $2.69 to $2.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Columbus McKinnon is 51.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Columbus McKinnon is 51.82, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 21.68.

Price to Book Value per Share Ratio

Columbus McKinnon has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.55% of the float of Columbus McKinnon has been sold short.

Short Interest Ratio / Days to Cover

Columbus McKinnon has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Columbus McKinnon has recently increased by 44.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Columbus McKinnon pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Columbus McKinnon does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Columbus McKinnon is 84.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Columbus McKinnon will have a dividend payout ratio of 9.49% next year. This indicates that Columbus McKinnon will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.55% of the float of Columbus McKinnon has been sold short.

Short Interest Ratio / Days to Cover

Columbus McKinnon has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Columbus McKinnon has recently increased by 44.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.04

News Sentiment

Columbus McKinnon has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Columbus McKinnon this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for CMCO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Columbus McKinnon to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Columbus McKinnon insiders have bought more of their company's stock than they have sold. Specifically, they have bought $473,064.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.98% of the stock of Columbus McKinnon is held by insiders.

Percentage Held by Institutions

95.96% of the stock of Columbus McKinnon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CMCO Stock Analysis - Frequently Asked Questions

How have CMCO shares performed this year?

Columbus McKinnon's stock was trading at $37.24 at the beginning of the year. Since then, CMCO shares have decreased by 54.1% and is now trading at $17.10.
View the best growth stocks for 2025 here.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Co. (NASDAQ:CMCO) released its earnings results 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 net margin of 0.95% and a trailing twelve-month return on equity of 8.64%.

Does Columbus McKinnon have any subsidiaries?

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

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.

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 Voyager Therapeutics (VYGR), American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Record date for 2/18 Dividend: 2/07/2025
• Ex-Dividend for 2/18 Dividend: 2/07/2025
• Last Earnings: 2/10/2025
• Dividend Payable: 2/18/2025
• Today: 4/02/2025
• Record date for 5/12 Dividend: 5/02/2025
• Ex-Dividend for 5/12 Dividend: 5/02/2025
• Dividend Payable: 5/12/2025
• Next Earnings (Estimated): 5/27/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Construction machinery
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:CMCO
• CIK: 1005229
• Web: www.cmworks.com
• Phone: (716) 689-5400
• Fax: 716-689-5644
• Employees: 3,220
• Year Founded: 1875

Price Target and Rating

• Average Stock Price Target: $44.00
• High Stock Price Target: $53.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +159.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.33
• Trailing P/E Ratio: 51.12
• Forward P/E Ratio: 6.30
• P/E Growth: N/A
• Net Income: $46.62 million
• Net Margins: 0.95%
• Pretax Margin: 1.25%
• Return on Equity: 8.64%
• Return on Assets: 4.30%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 2.03
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $981.64 million
• Price / Sales: 0.49
• Cash Flow: $3.86 per share
• Price / Cash Flow: 4.39
• Book Value: $30.46 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 28,613,000
• Free Float: 28,046,000
• Market Cap: $484.56 million
• Optionable: Optionable
• Beta: 1.31