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
Columbus McKinnon Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Columbus McKinnon stock have an average target of 51.5, with a low estimate of 50 and a high estimate of 53. The average target predicts an increase of 52.05% from the current stock price of 33.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CMCO stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Initiates $53 | Buy | Initiates | $53 | +56.48% | Jun 4, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +47.62% | Feb 5, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | +18.10% | Oct 4, 2022 |
| Barrington Research | Barrington Research | Buy Maintains $50 → $48 | Buy | Maintains | $50 → $48 | +41.72% | Jul 29, 2022 |
| Barrington Research | Barrington Research | Buy Maintains $66 → $57 | Buy | Maintains | $66 → $57 | +68.29% | May 26, 2022 |
Financial Forecast
Revenue This Year
1.06B
from 1.01B
Increased by 4.58%
Revenue Next Year
1.10B
from 1.06B
Increased by 3.49%
EPS This Year
3.14
from 1.61
Increased by 95.27%
EPS Next Year
3.55
from 3.14
Increased by 12.91%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.1B |
| Avg | 1.1B | 1.1B |
| Low | 1.0B | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.5% | 7.2% |
| Avg | 4.6% | 3.5% |
| Low | -0.3% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.27 | 3.72 |
| Avg | 3.14 | 3.55 |
| Low | 2.99 | 3.32 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 102.8% | 18.2% |
| Avg | 95.3% | 12.9% |
| Low | 85.7% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.