Currently, there are 28.61M common shares owned by the public and among those 27.91M shares have been available to trade.
The company’s stock has a 5-day price change of -7.91% and -11.20% over the past three months. CMCO shares are trading -55.91% year to date (YTD), with the 12-month market performance down to -63.67% lower. It has a 12-month low price of $11.78 and touched a high of $45.45 over the same period. CMCO has an average intraday trading volume of 560.45K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.16%, 2.76%, and -42.42% respectively.
Institutional ownership of Columbus Mckinnon Corp (NASDAQ: CMCO) shares accounts for 97.85% of the company’s 28.61M shares outstanding.
It has a market capitalization of $469.82M and a beta (3y monthly) value of 1.33. The stock’s trailing 12-month PE ratio is 51.70, while the earnings-per-share (ttm) stands at $0.32. The company has a PEG of 15.96 and a Quick Ratio of 1.10 with the debt-to-equity ratio at 0.64. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.40% over the week and 3.41% over the month.
Analysts forecast that Columbus Mckinnon Corp (CMCO) will achieve an EPS of 0.58 for the current quarter, 0.58 for the next quarter and 2.7 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.57 while analysts give the company a high EPS estimate of 0.57. Comparatively, EPS for the current quarter was 0.75 a year ago. Earnings per share for the fiscal year are expected to decrease by -13.83%, and 9.75% over the next financial year. EPS should grow at an annualized rate of 3.24% over the next five years, compared to -2.25% over the past 5-year period.
Looking at the support for the CMCO, a number of firms have released research notes about the stock. DA Davidson stated their Neutral rating for the stock in a research note on February 18, 2025, with the firm’s price target at $35. DA Davidson coverage for the Columbus Mckinnon Corp (CMCO) stock in a research note released on February 11, 2025 offered a Neutral rating with a price target of $35. JP Morgan was of a view on June 04, 2024 that the stock is Overweight, while JP Morgan gave the stock Neutral rating on May 26, 2022, issuing a price target of $37. Craig Hallum on their part issued Hold rating on May 25, 2022.
