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NASDAQ:CMCO

Columbus McKinnon (CMCO) Stock Price, News & Analysis

$31.20
-0.55 (-1.73%)
(As of 09/6/2024 ET)
Today's Range
$31.03
$32.06
50-Day Range
$31.20
$39.41
52-Week Range
$30.29
$45.84
Volume
135,535 shs
Average Volume
157,794 shs
Market Capitalization
$900.40 million
P/E Ratio
19.26
Dividend Yield
0.90%
Price Target
$51.50

Columbus McKinnon MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
65.1% Upside
$51.50 Price Target
Short Interest
Healthy
1.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Columbus McKinnon in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.91%
From $3.02 to $3.41 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.

3.66 out of 5 stars

Industrial Products Sector

74th out of 165 stocks

Construction Machinery Industry

4th out of 6 stocks

CMCO stock logo

About Columbus McKinnon Stock (NASDAQ:CMCO)

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.

CMCO Stock Price History

CMCO Stock News Headlines

Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Wells Fargo Sticks to Its Buy Rating for Johnson Controls (JCI)
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
VC3.SG,0P0001M3O9,0 (VC3.SG)
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/19 Dividend
8/09/2024
Dividend Payable
8/19/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
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
+65.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$46.62 million
Pretax Margin
5.98%

Debt

Sales & Book Value

Annual Sales
$1.02 billion
Cash Flow
$4.17 per share
Book Value
$30.67 per share

Miscellaneous

Free Float
28,288,000
Market Cap
$900.40 million
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 on January 1st, 2024. Since then, CMCO stock has decreased by 20.0% and is now trading at $31.20.
View the best growth stocks for 2024 here
.

How were Columbus McKinnon's earnings last quarter?

Columbus McKinnon Co. (NASDAQ:CMCO) released its quarterly earnings results 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's revenue was up 1.8% compared to the same quarter last year.

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?

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

Who are Columbus McKinnon's major shareholders?

Columbus McKinnon's top institutional investors include Dimensional Fund Advisors LP (6.55%), Barrow Hanley Mewhinney & Strauss LLC (3.57%), Allspring Global Investments Holdings LLC (3.34%) and Systematic Financial Management LP (2.42%). Insiders that own company stock include Gregory P Rustowicz, 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 9/7/2024 by MarketBeat.com Staff

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