Columbus McKinnon Corporation (CMCO)
NASDAQ: CMCO · Real-Time Price · USD
37.07
+1.07 (2.96%)
Nov 21, 2024, 11:33 AM EST - Market open
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 38.93% from the current stock price of 37.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 4, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Buy Initiates $53 | Buy | Initiates | $53 | +42.97% | Jun 4, 2024 |
DA Davidson | DA Davidson | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +34.88% | Feb 5, 2024 |
DA Davidson | DA Davidson | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | +7.90% | Oct 4, 2022 |
Barrington Research | Barrington Research | Buy Maintains $50 → $48 | Buy | Maintains | $50 → $48 | +29.48% | Jul 29, 2022 |
Barrington Research | Barrington Research | Buy Maintains $66 → $57 | Buy | Maintains | $66 → $57 | +53.76% | May 26, 2022 |
Financial Forecast
Revenue This Year
1.03B
from 1.01B
Increased by 1.82%
Revenue Next Year
1.08B
from 1.03B
Increased by 4.55%
EPS This Year
3.03
from 1.61
Increased by 88.48%
EPS Next Year
3.38
from 3.03
Increased by 11.43%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 1.1B | 1.1B |
Avg | 1.0B | 1.1B |
Low | 979.0M | 1.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 6.0% | 8.9% |
Avg | 1.8% | 4.6% |
Low | -3.4% | -0.1% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 3.19 | 3.54 |
Avg | 3.03 | 3.38 |
Low | 2.87 | 3.14 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 98.3% | 16.6% |
Avg | 88.5% | 11.4% |
Low | 78.3% | 3.3% |
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.