Columbus McKinnon Corporation (CMCO)
NASDAQ: CMCO · IEX Real-Time Price · USD
40.67
+0.41 (1.02%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Columbus McKinnon Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Columbus McKinnon stock has a target of 50, which predicts an increase of 22.94% from the current stock price of 40.67.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 5, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for CMCO is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +22.94% | Feb 5, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | -1.65% | Oct 4, 2022 |
| Barrington Research | Barrington Research | Buy Maintains $50 → $48 | Buy | Maintains | $50 → $48 | +18.02% | Jul 29, 2022 |
| Barrington Research | Barrington Research | Buy Maintains $66 → $57 | Buy | Maintains | $66 → $57 | +40.15% | May 26, 2022 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $37 | Buy → Hold | Downgrades | $37 | -9.02% | May 26, 2022 |
Financial Forecast
Revenue This Year
1.04B
from 936.24M
Increased by 10.66%
Revenue Next Year
1.08B
from 1.04B
Increased by 4.15%
EPS This Year
3.01
from 1.68
Increased by 79.09%
EPS Next Year
3.46
from 3.01
Increased by 15.01%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.1B | 1.1B | 1.2B |
| Avg | 1.0B | 1.1B | 1.1B |
| Low | 992.7M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 14.2% | 7.9% | 8.0% |
| Avg | 10.7% | 4.2% | 4.0% |
| Low | 6.0% | -1.0% | -0.6% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 3.12 | 3.63 | 4.13 |
| Avg | 3.01 | 3.46 | 3.90 |
| Low | 2.87 | 3.21 | 3.68 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 85.6% | 20.7% | 19.3% |
| Avg | 79.1% | 15.0% | 12.7% |
| Low | 70.9% | 6.8% | 6.2% |
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.