Columbus McKinnon Corporation (CMCO)

NASDAQ: CMCO · Real-Time Price · USD
36.56
-0.08 (-0.22%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.22%
Market Cap 1.05B
Revenue (ttm) 1.00B
Net Income (ttm) 15.12M
Shares Out 28.69M
EPS (ttm) 0.52
PE Ratio 69.74
Forward PE 11.77
Dividend $0.28 (0.77%)
Ex-Dividend Date Nov 8, 2024
Volume 283,288
Open 36.33
Previous Close 36.64
Day's Range 35.86 - 37.32
52-Week Range 29.26 - 45.84
Beta 1.23
Analysts Strong Buy
Price Target 51.50 (+40.86%)
Earnings Date Jan 29, 2025

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, Columbus McKinnon'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 40.86% from the latest price.

Price Target
$51.5
(40.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Columbus McKinnon Donates $15,000 to Habitat for Humanity of the Charlotte Region

Third Year of Donations to the Organization Continues Company's Commitment to Improving People's Lives and Bettering the Communities Where it Operates CHARLOTTE, N.C. , Dec. 12, 2024 /PRNewswire/ -- C...

9 days ago - PRNewsWire

Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News

BatteryStar™ Hoist Further Strengthens Columbus McKinnon's Position as a Leader in Intelligent Lifting Technology   CHARLOTTE, N.C. , Dec. 10, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasda...

11 days ago - PRNewsWire

Columbus McKinnon to Present at the Baird 2024 Global Industrials Conference

CHARLOTTE, N.C. , Nov. 6, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the Baird 2024 Global Indust...

6 weeks ago - PRNewsWire

Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q2 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wil...

7 weeks ago - Seeking Alpha

Columbus McKinnon Reports 16% Order Growth in Q2 FY25

CHARLOTTE, NC , Oct. 30, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion s...

7 weeks ago - PRNewsWire

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C. , Oct. 21, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, annou...

2 months ago - PRNewsWire

Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024

CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will ...

2 months ago - PRNewsWire

Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery

Columbus McKinnon's fiscal Q1 results showed minimal revenue growth, driven by pricing, with slight volume contraction. Gross margin improved, and EBITDA beat modestly, but operating margin was pressu...

4 months ago - Seeking Alpha

Columbus McKinnon Corporation (CMCO) Q1 2025 Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q1 2025 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Kristy Moser - VP, IR David Wilson - President and CEO Greg Rustowicz - CFO...

5 months ago - Seeking Alpha

Columbus McKinnon Reports Continued Sales Growth and Gross Margin Expansion in Q1 FY25; Reaffirms FY25 Guidance

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Reports Continued Sales Growth and Gross Margin Expansion in Q1 FY25; Reaffirms FY25 Guidance.

5 months ago - Business Wire

Columbus McKinnon to Host First Quarter Fiscal 2025 Earnings Conference Call on July 31, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Earnings Call & Webcast.

5 months ago - Business Wire

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 ...

6 months 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...

6 months ago - Business Wire

Columbus McKinnon Corporation (CMCO) Q4 2024 Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q4 2024 Results Conference Call May 29, 2024 10:00 AM ET Company Participants Kristy Moser - Vice President, Investor Relations and Treasurer David Wilson ...

7 months ago - Seeking Alpha

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.

7 months 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.

7 months 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.

9 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.

9 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...

9 months ago - Business Wire

Columbus McKinnon Corporation (CMCO) Q3 2024 Earnings Call Transcript

Columbus McKinnon Corporation (CMCO) Q3 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

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.

11 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...

1 year 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...

1 year 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.

1 year ago - Business Wire

Columbus McKinnon Corporation (CMCO) Q2 2024 Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q2 2024 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Deborah Pawlowski - Kei Advisors David Wilson - President, CEO & Directo...

1 year ago - Seeking Alpha