Columbus McKinnon Corporation (CMCO)

NASDAQ: CMCO · IEX Real-Time Price · USD
38.93
-0.30 (-0.76%)
Feb 3, 2023, 4:00 PM EST - Market closed
-0.76%
Market Cap 1.11B
Revenue (ttm) 935.77M
Net Income (ttm) 46.36M
Shares Out 28.63M
EPS (ttm) 1.61
PE Ratio 24.18
Forward PE 10.53
Dividend $0.27 (0.69%)
Ex-Dividend Date Nov 3, 2022
Volume 106,560
Open 38.96
Previous Close 39.23
Day's Range 38.60 - 39.35
52-Week Range 23.54 - 47.18
Beta 1.26
Analysts Buy
Price Target 38.15 (-2.0%)
Earnings Date Feb 1, 2023

About CMCO

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles... [Read more]

Sector Industrials
IPO Date Feb 22, 1996
Employees 3,224
Stock Exchange NASDAQ
Ticker Symbol CMCO
Full Company Profile

Financial Performance

In 2022, CMCO's revenue was $906.56 million, an increase of 39.55% compared to the previous year's $649.64 million. Earnings were $29.66 million, an increase of 225.72%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CMCO stock is "Buy." The 12-month stock price forecast is $38.15, which is a decrease of -2.00% from the latest price.

Price Target
$38.15
(-2.00% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Columbus McKinnon (CMCO) Surpasses Q3 Earnings and Revenue Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 20% and 1.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

4 days ago - Zacks Investment Research

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...

4 days 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 week ago - Business Wire

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

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 its ...

1 week 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...

2 weeks ago - Business Wire

Columbus McKinnon Appoints Rebecca Yeung to Board of Directors

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 the...

Other symbols: FDX
3 weeks ago - Business Wire

Columbus McKinnon (CMCO) Beats Q2 Earnings Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 1.39% and 1.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Analysts Estimate Columbus McKinnon (CMCO) to Report a Decline in Earnings: What to Look Out for

Columbus McKinnon (CMCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Is Columbus McKinnon (CMCO) a Great Stock for Value Investors?

Is Columbus McKinnon (CMCO) a great pick from the value investor's perspective right now? Read on to know more.

6 months ago - Zacks Investment Research

Columbus McKinnon (CMCO) Q1 Earnings Beat Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 15% and 3.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Columbus McKinnon Reports Record Gross Margin of 37.5% for First Quarter Fiscal Year 2023

BUFFALO, N.Y.--(BUSINESS WIRE)--CMCO announced financial results for its fiscal year 2023 first quarter, which ended June 30, 2022.

6 months ago - Business Wire

Columbus McKinnon Announces First Quarter Fiscal 2023 Conference Call and Webcast

BUFFALO, NY--(BUSINESS WIRE)--CMCO will release its first quarter fiscal year 2023 results before the markets open on Thursday, July 28, 2022.

7 months ago - Business Wire

Columbus McKinnon to Provide Update on Strategy and Long-Term Financial Goals at 2022 Investor Day

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) to Provide Update on Strategy and Long-Term Financial Goals at 2022 Investor Day

8 months ago - Business Wire

Columbus McKinnon's Kathryn V. Roedel to be Honored at 2022 NACD Directorship Awards Gala as NACD Directorship 100™ Honoree

BUFFALO, N.Y.--(BUSINESS WIRE)--Kathryn V. Roedel, a Board member since October 2017, recognized by the National Association of Corporate Directors (NACD) in its Directorship 100™

8 months ago - Business Wire

Columbus McKinnon to Host an Investor and Analyst Day

BUFFALO, N.Y.--(BUSINESS WIRE)--CMCO's Investor and Analyst Day, “Unlocking the Potential of CMCO: Advancing Beyond the Blueprint Strategy” on June 23, 2022 in Charlotte, NC.

8 months ago - Business Wire

Columbus McKinnon (CMCO) Q4 Earnings and Revenues Beat Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 1.28% and 7.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Columbus McKinnon Reports Revenue Grew 36% to Record $253 Million in Fourth Quarter Fiscal Year 2022

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) Reports Revenue Grew 36% to Record $253 Million in Fourth Quarter Fiscal Year 2022

9 months ago - Business Wire

David J. Wilson Joining Modine Manufacturing Company Board of Directors

RACINE, Wis. , May 12, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that David J.

Other symbols: MOD
9 months ago - PRNewsWire

Columbus McKinnon Announces Fourth Quarter and Full Year Fiscal 2022 Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) Announces Fourth Quarter and Full Year Fiscal 2022 Conference Call and Webcast

9 months ago - Business Wire

Columbus McKinnon Increases Quarterly Dividend 17% to $0.07 per Share

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 its Board ...

11 months ago - Business Wire

Columbus McKinnon to Webcast Presentation at 2022 JP Morgan Industrials Conference

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 David Wils...

11 months ago - Business Wire

Columbus McKinnon Introduces the First Electric Chain Hoist on the Market with Remote Monitoring and Wireless Programming

BUFFALO, N.Y.--(BUSINESS WIRE)--Lodestar® VS now features Intelli-Connect™ Diagnostics and Analytics for quick and easy maintenance, monitoring and troubleshooting from plant floor

11 months ago - Business Wire

Columbus McKinnon Reports Revenue Growth of 30% for Third Quarter Fiscal Year 2022

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Reports Revenue Growth of 30% for Third Quarter Fiscal Year 2022

1 year ago - Business Wire