Columbus McKinnon Corporation (CMCO)

NASDAQ: CMCO · IEX Real-Time Price · USD
48.63 -0.90 (-1.82%)
Jan 18, 2022 1:57 PM EST - Market open
Market Cap1.38B
Revenue (ttm)789.88M
Net Income (ttm)24.12M
Shares Out28.44M
EPS (ttm)0.92
PE Ratio52.80
Forward PE12.64
Dividend$0.24 (0.49%)
Ex-Dividend DateNov 4, 2021
Volume40,154
Open49.10
Previous Close49.53
Day's Range47.73 - 49.56
52-Week Range39.62 - 57.06
Beta1.15
AnalystsStrong Buy
Price Target64.44 (+32.5%)
Earnings DateOct 28, 2021

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 hoists, custom engineered hoists, and winches; crane systems, such as crane components, crane kits, enclosed track rail systems, mobile and workstation cranes, jib cranes, lift assists, and fall protection systems; rigging equipment comprising below-the-hook lifting devices, shackle...

IndustryMachinery
IPO DateFeb 22, 1996
CEODavid Wilson
Employees2,651
Stock ExchangeNASDAQ
Ticker SymbolCMCO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CMCO stock is "Strong Buy." The 12-month stock price forecast is 64.44, which is an increase of 32.51% from the latest price.

Price Target
$64.44
(32.51% upside)
Analyst Consensus: Strong Buy

News

Columbus McKinnon Announces Third Quarter Fiscal 2022 Conference Call and Webcast

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

4 days ago - Business Wire

The 15 Best Value Stocks to Buy for 2022

Investors looking for stability in the new year may want to consider value stocks. Here are 15 of the best-rated ones heading into 2022.

4 weeks ago - Kiplinger

JPMorgan Sees 39% Upside In Columbus McKinnon

JPMorgan analyst Stephen Tusa initiated Columbus McKinnon Corp. (NASDAQ:CMCO) with an Overweight rating and a price target of $64, implying an upside of 39.16%. Tusa says the combination of "below-trend...

1 month ago - Benzinga

Columbus McKinnon Closes Acquisition of Garvey Corporation

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Closes Acquisition of Garvey Corporation

1 month ago - Business Wire

Columbus McKinnon Appoints Gerald Colella and Chad Abraham to Board of Directors

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Appoints Gerald Colella and Chad Abraham to Board of Directors

2 months ago - Business Wire

Columbus McKinnon Expands Conveying Solutions Platform With Acquisition of Garvey Corporation

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Expands Conveying Solutions Platform with Acquisition of Garvey Corporation

2 months ago - Business Wire

Columbus McKinnon Adds New SPA Linear Actuator with Intelli-Motion™ Technology to Family of Automation Solutions

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Adds New SPA Linear Actuator with Intelli-Motion™ Technology to Family of Automation Solutions

2 months ago - Business Wire

Columbus McKinnon (CMCO) Q2 Earnings and Revenues Miss Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of -2.63% and -3.08%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Columbus McKinnon Reports Financial Results for Second Quarter Fiscal Year 2022

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Reports Financial Results for Second Quarter Fiscal Year 2022

2 months ago - Business Wire

Why Columbus McKinnon (CMCO) is Poised to Beat Earnings Estimates Again

Columbus McKinnon (CMCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

How Much Upside is Left in Columbus McKinnon (CMCO)? Wall Street Analysts Think 38%

The consensus price target hints at a 37.9% upside potential for Columbus McKinnon (CMCO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...

2 months ago - Zacks Investment Research

Columbus McKinnon (CMCO) Earnings Expected to Grow: Should You Buy?

Columbus McKinnon (CMCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Columbus McKinnon Declares Quarterly Dividend of $0.06 per Share

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Declares Quarterly Dividend of $0.06 per Share

2 months ago - Business Wire

Columbus McKinnon Announces Second Quarter Fiscal 2022 Conference Call and Webcast

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

3 months ago - Business Wire

Wall Street Analysts Believe Columbus McKinnon (CMCO) Could Rally 34%: Here's is How to Trade

The mean of analysts' price targets for Columbus McKinnon (CMCO) points to a 33.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among ...

3 months ago - Zacks Investment Research

4 Top-Ranked Industrial Stocks to Buy for a Q4 Rally

With the manufacturing side of the US economy still driven by strong demand for goods, it's judicious to invest in stocks such as Deere (DE) & IDEX (IEX) this quarter.

Other symbols:DEDXPEIEX
3 months ago - Zacks Investment Research

Columbus McKinnon to Webcast Fireside Chat at the D.A. Davidson Diversified Industrials & Services Conference

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) to Webcast Fireside Chat at the D.A. Davidson Diversified Industrials & Services Conference

4 months ago - Business Wire

Get Earnings Surprise From 5 Top Stocks

Earnings beat appears to be more important indicators that earnings growth at the time of quality stock picking.

Other symbols:AAPLBYDCRIJACK
4 months ago - Zacks Investment Research

Columbus McKinnon (CMCO): Strong Industry, Solid Earnings Estimate Revisions

Columbus McKinnon (CMCO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

5 Top Industrial Stocks to Buy Now for Robust Gains

Invest in AZZ (AZZ), Lindsay (LNN) and EnPro (NPO) as industrials continue to do well this year, thanks to factors like economic reopening and passage of the bipartisan infrastructure bill.

Other symbols:AZZLNNMLINPO
5 months ago - Zacks Investment Research

Columbus McKinnon (CMCO) Q1 Earnings Top Estimates

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 68.29% and -0.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Columbus McKinnon Reports Financial Results for First Quarter Fiscal Year 2022

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Reports Financial Results for First Quarter Fiscal Year 2022

5 months ago - Business Wire

Columbus McKinnon Expands Remote Hoist and Crane Monitoring Capabilities with Intelli-Connect™ Mobile+

BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) Expands Remote Hoist and Crane Monitoring Capabilities with Intelli-Connect™ Mobile+

5 months ago - Business Wire

Columbus McKinnon (CMCO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

5 months ago - Zacks Investment Research

Columbus McKinnon Announces First Quarter Fiscal 2022 Conference Call and Webcast

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

6 months ago - Business Wire