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 55.72% from the current stock price of 33.07.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$50	$51.5	$53	$53
Change	+51.19%	+55.72%	+60.26%	+60.26%

* 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	0	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	1	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Kirby JP Morgan	JP Morgan	Buy Initiates $53	Buy	Initiates	$53	+60.26%	Jun 4, 2024
Matt Summerville DA Davidson	DA Davidson	Strong Buy Maintains $48 → $50	Strong Buy	Maintains	$48 → $50	+51.19%	Feb 5, 2024
Matt Summerville DA Davidson	DA Davidson	Strong Buy Maintains $45 → $40	Strong Buy	Maintains	$45 → $40	+20.95%	Oct 4, 2022
Christopher Howe Barrington Research	Barrington Research	Buy Maintains $50 → $48	Buy	Maintains	$50 → $48	+45.14%	Jul 29, 2022
Christopher Howe Barrington Research	Barrington Research	Buy Maintains $66 → $57	Buy	Maintains	$66 → $57	+72.35%	May 26, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

1.05B

from 1.01B

3.70%

from 1.01B

Revenue Next Year

1.09B

from 1.05B

3.90%

from 1.05B

EPS This Year

3.11

from 1.61

93.36%

from 1.61

EPS Next Year

3.52

from 3.11

13.04%

from 3.11

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026
Revenue	809.16M	649.64M	906.56M	936.24M	1.01B	1.05B	1.09B
Revenue Growth	-7.66%	-19.71%	39.55%	3.27%	8.26%	3.70%	3.90%
EPS	2.50	0.38	1.04	1.68	1.61	3.11	3.52
EPS Growth	38.89%	-84.80%	173.68%	61.54%	-4.17%	93.36%	13.04%
Forward PE	-	-	-	-	-	10.62	9.40
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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	7.6%	8.1%
Avg	3.7%	3.9%
Low	-0.8%	-2.1%

EPS Forecast

EPS	2024	2025
High	3.27	3.72
Avg	3.11	3.52
Low	2.90	3.30

EPS Growth

EPS Growth	2024	2025
High	102.8%	19.4%
Avg	93.4%	13.0%
Low	80.2%	6.1%

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.