Columbus McKinnon Corporation (CMCO)

NASDAQ: CMCO · IEX Real-Time Price · USD
41.93
+0.72 (1.75%)
Apr 26, 2024, 4:00 PM EDT - Market closed
1.75%
Market Cap 1.21B
Revenue (ttm) 1.00B
Net Income (ttm) 48.71M
Shares Out 28.76M
EPS (ttm) 1.69
PE Ratio 24.87
Forward PE 12.79
Dividend $0.28 (0.67%)
Ex-Dividend Date May 2, 2024
Volume 78,020
Open 41.23
Previous Close 41.21
Day's Range 41.03 - 42.17
52-Week Range 30.29 - 44.97
Beta 1.27
Analysts Strong Buy
Price Target 50.00 (+19.25%)
Earnings Date May 23, 2024

About CMCO

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual hoists, electric and air hoists, winches, hydraulic jacks, trolleys and its clamps, and lifting tables; crane systems, such as mobile and jib cranes, material handling solutions, enclosed track rail systems, and crane components and kits; and rigging equipment comprising below-the-hook lifting devices, lifting slings and lashing systems, tie-downs and load binders, for... [Read more]

Sector Industrials
IPO Date Feb 22, 1996
Employees 3,392
Stock Exchange NASDAQ
Ticker Symbol CMCO
Full Company Profile

Financial Performance

In 2022, CMCO's revenue was $936.24 million, an increase of 3.27% compared to the previous year's $906.56 million. Earnings were $48.43 million, an increase of 63.28%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CMCO stock is "Strong Buy" and the 12-month stock price forecast is $50.0.

Price Target
$50.0
(19.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

5 weeks 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.

5 weeks ago - Business Wire

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

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

5 weeks 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...

5 weeks 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.

3 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...

3 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...

4 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.

5 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.

6 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.

6 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.

7 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.

9 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.

10 months 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.

10 months 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...

10 months 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...

11 months 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.

11 months ago - Business Wire

Columbus McKinnon Closes Acquisition of montratec® GmbH

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

11 months 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

Columbus McKinnon Operating Income Increased 32% on 7% Sales Growth in Third Quarter Fiscal Year 2023

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

1 year ago - Business Wire

Columbus McKinnon Announces Liam McCarthy's Retirement from Board of Directors

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, tod...

1 year ago - Business Wire

Columbus McKinnon Announces Third Quarter Fiscal 2023 Conference Call and Webcast

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

1 year ago - Business Wire