Columbus McKinnon Corporation (CMCO)

NASDAQ: CMCO · IEX Real-Time Price · USD
33.87
+0.55 (1.65%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.65%
Market Cap 977.44M
Revenue (ttm) 1.01B
Net Income (ttm) 46.63M
Shares Out 28.86M
EPS (ttm) 1.61
PE Ratio 21.04
Forward PE 10.21
Dividend $0.28 (0.83%)
Ex-Dividend Date May 2, 2024
Volume 120,226
Open 33.41
Previous Close 33.32
Day's Range 33.29 - 33.87
52-Week Range 30.29 - 45.84
Beta 1.26
Analysts Strong Buy
Price Target 51.50 (+52.05%)
Earnings Date Jul 31, 2024

About 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 ... [Read more]

Sector Industrials
IPO Date Feb 22, 1996
Employees 3,515
Stock Exchange NASDAQ
Ticker Symbol CMCO
Full Company Profile

Financial Performance

In 2023, CMCO's revenue was $1.01 billion, an increase of 8.26% compared to the previous year's $936.24 million. Earnings were $46.63 million, a decrease of -3.73%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CMCO stock is "Strong Buy." The 12-month stock price forecast is $51.5, which is an increase of 52.05% from the latest price.

Price Target
$51.5
(52.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company), a leading designer and manufacturer of intelligent motion solutions, products and ...

15 days ago - Business Wire

Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it will present at the Wells Fargo 2024 Industrials Conferen...

22 days ago - Business Wire

Columbus McKinnon Reports Record Net Sales, Gross Margin and Operating Income in Fiscal 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) today announced financial results for its full year and fourth quarter fiscal 2024, which ended March 31, 2024.

4 weeks ago - Business Wire

Columbus McKinnon to Host Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call on May 29, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Host Q4 FY24 Results on May 29.

6 weeks ago - Business Wire

Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology.

3 months ago - Business Wire

Columbus McKinnon Announces Successful Completion of Term Loan B Repricing

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Announces Successful Completion of Term Loan B Repricing.

3 months ago - Business Wire

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Declares Quarterly Dividend.

3 months ago - Business Wire

Columbus McKinnon Announces Appointment of Chris Stephens Jr. to Board of Directors

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced the appointment of Chris J. Stephens Jr. to its Board of Director...

3 months ago - Business Wire

Columbus McKinnon Reports 33% Operating Income Growth on 10% Net Sales Growth for Third Quarter Fiscal Year 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) Reports 33% Operating Income Growth on 10% Net Sales Growth for Third Quarter Fiscal Year 2024.

5 months ago - Business Wire

Columbus McKinnon to Host Third Quarter Fiscal 2024 Earnings Conference Call on January 31, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its th...

5 months ago - Business Wire

Columbus McKinnon Announces Kristine Moser as Vice President, Investor Relations and Treasurer

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO)(“Company”), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today na...

6 months ago - Business Wire

Columbus McKinnon to Webcast Presentation at Sidoti Small Cap Conference

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Presents on Dec 7 @ 11:30am ET for Sidoti Virtual Conference.

7 months ago - Business Wire

Columbus McKinnon Reports Record Sales and Operating Income for Second Quarter Fiscal Year 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO record sales, gross margin, & operating income for Q2 FY24.

8 months ago - Business Wire

Columbus McKinnon Announces Second Quarter Fiscal 2024 Conference Call and Webcast

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Q2 FY24 Earnings on November 1, 2023.

9 months ago - Business Wire

Columbus McKinnon Board Member, Jeanne Beliveau-Dunn, Recognized as NACD Directorship 100™ Honoree

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Board Member, Jeanne Beliveau-Dunn, Recognized as NACD Directorship 100™ Honoree.

10 months ago - Business Wire

Columbus McKinnon Sales Increased 7% for First Quarter Fiscal Year 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Sales Increased 7% for First Quarter Fiscal Year 2024.

11 months ago - Business Wire

Columbus McKinnon Announces First Quarter Fiscal 2024 Conference Call and Webcast

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Q1 FY24 August 2 @ 10am ET.

1 year ago - Business Wire

Columbus McKinnon Continues to Advance Leading Governance Structure with Changes in Bylaws

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Continues to Advance Leading Governance Structure with Changes in Bylaws.

1 year ago - Business Wire

Columbus McKinnon Successfully Completes Planned Refinancing

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced that it amended...

1 year ago - Business Wire

Columbus McKinnon Publishes Third Annual Corporate Sustainability Report

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the publication...

1 year ago - Business Wire

Columbus McKinnon to Webcast Fireside Chat at the Wells Fargo Industrials Conference

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) to Webcast Fireside Chat at the Wells Fargo Industrials Conference.

1 year ago - Business Wire

Columbus McKinnon Closes Acquisition of montratec® GmbH

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Closes Acquisition of montratec® GmbH.

1 year ago - Business Wire

Columbus McKinnon Reports Record Sales of $253.8 Million and Delivers Record Operating Income for Fourth Quarter Fiscal 2023

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Reports Record Sales of $253.8 Million and Delivers Record Operating Income for Fourth Quarter Fiscal 2023.

1 year ago - Business Wire

Columbus McKinnon Announces Fourth Quarter and Full Year Fiscal 2023 Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Announces Fourth Quarter and Full Year Fiscal 2023 Conference Call and Webcast.

1 year ago - Business Wire

Columbus McKinnon to Acquire montratec® GmbH Expanding Precision Conveyance Platform

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (the “Company”)(Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today ...

1 year ago - Business Wire