Columbus McKinnon Corporation (CMCO)
NASDAQ: CMCO · IEX Real-Time Price · USD
40.83
-0.18 (-0.44%)
Apr 16, 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 22.46% from the current stock price of 40.83.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $50 $50 $50 $50
Change +22.46% +22.46% +22.46% +22.46%
* 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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 111000
Hold 111000
Sell 000000
Strong Sell 000000
Total 333111

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 +22.46% Feb 5, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$45$40
Strong Buy Maintains $45$40 -2.03% Oct 4, 2022
Barrington Research
Barrington Research
Buy
Maintains
$50$48
Buy Maintains $50$48 +17.56% Jul 29, 2022
Barrington Research
Barrington Research
Buy
Maintains
$66$57
Buy Maintains $66$57 +39.60% May 26, 2022
JP Morgan
JP Morgan
Hold
Downgrades
$37
Hold Downgrades $37 -9.38% May 26, 2022
More Analyst Ratings

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%
Year 20182019202020212022202320242025
Revenue
876.28M809.16M649.64M906.56M936.24M1.04B1.08B1.12B
Revenue Growth
4.39%-7.66%-19.71%39.55%3.27%10.66%4.15%3.99%
EPS
1.802.500.381.041.683.013.463.90
EPS Growth
89.47%38.89%-84.80%173.68%61.54%79.09%15.01%12.70%
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
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 202320242025
High
14.2%
7.9%
8.0%
Avg
10.7%
4.2%
4.0%
Low
6.0%
-1.0%
-0.6%

EPS Forecast

EPS 202320242025
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 202320242025
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.