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
Target Low Average Median High
Price $50 $51.5 $53 $53
Change +34.88% +38.93% +42.97% +42.97%
* 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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

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
More Analyst Ratings

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%
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
809.16M649.64M906.56M936.24M1.01B1.03B1.08B
Revenue Growth
-7.66%-19.71%39.55%3.27%8.26%1.82%4.55%
EPS
2.500.381.041.681.613.033.38
EPS Growth
38.89%-84.80%173.68%61.54%-4.17%88.48%11.43%
Forward PE
-----12.2210.96
No. Analysts -----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.1B 1.1B
Avg 1.0B 1.1B
Low 979.0M 1.0B

Revenue Growth

Revenue Growth 20242025
High
6.0%
8.9%
Avg
1.8%
4.6%
Low
-3.4%
-0.1%

EPS Forecast

EPS 20242025
High 3.19 3.54
Avg 3.03 3.38
Low 2.87 3.14

EPS Growth

EPS Growth 20242025
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.