Columbus McKinnon Corp-NY

Columbus McKinnon Corp-NY Stock Forecast & Price Prediction

Live Columbus McKinnon Corp-NY Stock (CMCO) Price
$39.71

5

Ratings

  • Buy 5
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$39.71

P/E Ratio

76.37

Volume Traded Today

$271,400

Dividend

$0.07

52 Week High/low

45.84/29.26

Columbus McKinnon Corp-NY Market Cap

$1.14B

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CMCO Summary

Based on ratings from 5 stock analysts, the Columbus McKinnon Corp-NY stock price is expected to increase by 23.39% in 12 months. This is calculated by using the average 12-month stock price forecast for Columbus McKinnon Corp-NY. The lowest target is $48 and the highest is $50. Please note analyst price targets are not guaranteed and could be missed completely.

CMCO Analyst Ratings

About 5 Wall Street analysts have assigned CMCO 5 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Columbus McKinnon Corp-NY to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CMCO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CMCO stock forecast by analyst

These are the latest 20 analyst ratings of CMCO.

Analyst/Firm

Rating

Price Target

Change

Date

James Kirby
JP Morgan

Overweight

$53

Initiates

Jun 4, 2024
Matt Summerville
DA Davidson

Buy

$50

Maintains

Feb 5, 2024
Matt Summerville
DA Davidson

Buy

$40

Maintains

Oct 4, 2022
Christopher Howe
Barrington Research

Outperform

$48

Maintains

Jul 29, 2022

JP Morgan

Neutral


Downgrade

May 26, 2022
Christopher Howe
Barrington Research

Outperform

$57

Maintains

May 26, 2022

JP Morgan

Overweight


Initiates

Dec 7, 2021

Wells Fargo

Overweight


Initiates

May 3, 2021
Joseph Mondillo
Sidoti & Co.

Buy

$50

Reiterates

Oct 7, 2020

DA Davidson

Neutral


Initiates

Jul 15, 2020

Barrington Research

Outperform


Initiates

Dec 17, 2019

Dougherty

Buy


Initiates

Aug 27, 2019

Sidoti & Co.

Buy

$55

Maintains

Aug 27, 2019

Dougherty & Co.

Buy


Initiates

Aug 27, 2019

Seaport Global

Buy


Initiates

Jan 23, 2019

Craig-Hallum

Buy


Initiates

May 14, 2018

Seaport Global

Neutral


Downgrade

Jan 15, 2016

Sidoti & Co.

Buy


Upgrade

Jul 28, 2015

BB&T Capital

Buy

$28

Maintains

Jun 1, 2015

Seaport Global

Accumulate

$28

Upgrade

Oct 27, 2014

CMCO Company Information

What They Do: Designs and manufactures motion solutions for materials.

Business Model: The company generates revenue by designing, manufacturing, and marketing a wide range of motion solutions, including hoists, jacks, cranes, and conveyor systems. It sells products directly to end users and through various distribution channels such as independent crane builders, material handling specialists, and government agencies.

Other Information: Columbus McKinnon Corporation serves diverse industries, including EV production, aerospace, energy, construction, and e-commerce. Founded in 1875 and headquartered in Charlotte, North Carolina, the company has a long-standing reputation in the market.
CMCO
Columbus McKinnon Corp-NY (CMCO)

When did it IPO

1996

Staff Count

3,515

Country

United States

Sector/Industry

Industrials/Farm & Heavy Construction Machinery

CEO

Mr. David J. Wilson

Market Cap

$1.14B

Columbus McKinnon Corp-NY (CMCO) Financial Data

In 2023, CMCO generated $936.2M in revenue, which was a increase of 3.27% from the previous year. This can be seen as a signal that CMCO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$649.6M

0.00 %
From Previous Year

Revenue From 2022

$906.6M

39.55 %
From Previous Year

Revenue From 2023

$936.2M

3.27 %
From Previous Year
  • Revenue TTM $1.00B
  • Operating Margin TTM -5.4%
  • Gross profit TTM $374.8M
  • Return on assets TTM 2.2%
  • Return on equity TTM 1.7%
  • Profit Margin 1.5%
  • Book Value Per Share 31.37%
  • Market capitalisation $1.14B
  • Revenue for 2021 $649.6M
  • Revenue for 2022 $906.6M
  • Revenue for 2023 $936.2M
  • EPS this year (TTM) $0.52

Columbus McKinnon Corp-NY (CMCO) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Columbus McKinnon Corporation (Nasdaq: CMCO) will present at the Baird 2024 Global Industrials Conference on November 14, 2024, at 1:35 p.m.

Why It Matters - Columbus McKinnonโ€™s participation in a major conference can signal growth strategies and investor engagement, potentially impacting stock performance and market perception.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Columbus McKinnon Corporation (NASDAQ:CMCO) will hold its Q2 2025 earnings conference call on October 30, 2024, at 10:00 AM ET, featuring key company executives and analysts.

Why It Matters - Columbus McKinnonโ€™s Q2 earnings call provides insights into financial performance and future guidance, impacting stock valuations and investor sentiment.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Columbus McKinnon (CMCO) reported quarterly earnings of $0.70 per share, surpassing the Zacks Consensus Estimate of $0.69, but down from $0.76 per share year-over-year.

Why It Matters - Columbus McKinnon's earnings beat estimates but declined from the previous year, indicating potential concerns about future growth despite short-term success.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Columbus McKinnon (CMCO) reported Q2 FY2025 results: orders up 16%, net sales down 6% to $242.3M. GAAP EPS at ($0.52), adjusted EPS at $0.70. Debt repayment of $10M; $4.9M in share repurchases.

Why It Matters - Columbus McKinnonโ€™s strong order growth and positive book-to-bill ratio signal robust demand, while net sales decline and losses highlight operational challenges. Investors may recalibrate expectations accordingly.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Columbus McKinnon Corporation (Nasdaq: CMCO) will pay a quarterly dividend of $0.07 per common share, as approved by its Board of Directors.

Why It Matters - Columbus McKinnon's quarterly dividend of $0.07 per share signals financial stability and a commitment to returning value to shareholders, potentially attracting income-focused investors.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Columbus McKinnon Corporation (Nasdaq: CMCO) will report its Q2 fiscal 2025 results on October 30, 2024, before market opening.

Why It Matters - Columbus McKinnonโ€™s upcoming earnings release may impact stock performance, revealing financial health and growth potential, influencing investor sentiment and market trends.

...

CMCO Frequently asked questions

The highest forecasted price for CMCO is $50 from Joseph Mondillo at Sidoti & Co..

The lowest forecasted price for CMCO is $48 from Christopher Howe from Barrington Research

The CMCO analyst ratings consensus are 5 buy ratings, 0 hold ratings, and 0 sell ratings.