CMCO vs. ASTE, PLOW, MTW, LNN, GIC, CDRE, HY, SCSC, MRC, and HOLI
Should you be buying Columbus McKinnon stock or one of its competitors? The main competitors of Columbus McKinnon include Astec Industries (ASTE), Douglas Dynamics (PLOW), Manitowoc (MTW), Lindsay (LNN), Global Industrial (GIC), Cadre (CDRE), Hyster-Yale Materials Handling (HY), ScanSource (SCSC), MRC Global (MRC), and Hollysys Automation Technologies (HOLI).
Astec Industries (NASDAQ:ASTE) and Columbus McKinnon (NASDAQ:CMCO) are both small-cap industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, community ranking, institutional ownership, media sentiment, dividends, risk, analyst recommendations, earnings and valuation.
93.2% of Astec Industries shares are owned by institutional investors. Comparatively, 96.0% of Columbus McKinnon shares are owned by institutional investors. 0.7% of Astec Industries shares are owned by company insiders. Comparatively, 1.5% of Columbus McKinnon shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Astec Industries currently has a consensus price target of $43.50, indicating a potential upside of 29.89%. Columbus McKinnon has a consensus price target of $50.00, indicating a potential upside of 11.51%. Given Columbus McKinnon's higher possible upside, equities analysts plainly believe Astec Industries is more favorable than Columbus McKinnon.
Columbus McKinnon has lower revenue, but higher earnings than Astec Industries. Columbus McKinnon is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.
Astec Industries received 118 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.26% of users gave Columbus McKinnon an outperform vote.
In the previous week, Columbus McKinnon had 2 more articles in the media than Astec Industries. MarketBeat recorded 4 mentions for Columbus McKinnon and 2 mentions for Astec Industries. Columbus McKinnon's average media sentiment score of 0.23 beat Astec Industries' score of 0.00 indicating that Astec Industries is being referred to more favorably in the media.
Columbus McKinnon has a net margin of 4.86% compared to Columbus McKinnon's net margin of 1.91%. Astec Industries' return on equity of 9.88% beat Columbus McKinnon's return on equity.
Astec Industries has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500. Comparatively, Columbus McKinnon has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500.
Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.6%. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Columbus McKinnon pays out 16.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Astec Industries has raised its dividend for 3 consecutive years and Columbus McKinnon has raised its dividend for 2 consecutive years. Astec Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Columbus McKinnon beats Astec Industries on 12 of the 21 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding CMCO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Columbus McKinnon Competitors List
Related Companies and Tools
