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Columbus McKinnon (CMCO) Stock

Profile

Country:

United States

IPO:

23 February 1996

Indexes:

Not included

Description:

Columbus McKinnon Corporation is one of the leading global developers, manufacturers, and sellers of loading and unloading equipment for various applications. Key products include hoists, crane components, drives, rigging tools, as well as digital power control systems. The company was founded in 1929, headquartered in Getzville, New York, USA. Among the company's products, several groups can be highlighted: Hoists, Tools for chains and rigging work, Digital power control and delivery systems, Drives and rotary connections.

Key Details

Price

$36.34

TTM Dividend Yield

0.77%(+1.32% YoY)

Annual Revenue

$1.01 B(+8.26% YoY)

Annual EPS

$1.61(-4.17% YoY)

PE Ratio

68.57(+228.87% YoY)

Beta

1.24

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

May 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 08, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

04 June '24 JP Morgan
Overweight
05 Feb '24 DA Davidson
Buy
04 Oct '22 DA Davidson
Buy
29 July '22 Barrington Research
Outperform
26 May '22 JP Morgan
Neutral
26 May '22 Barrington Research
Outperform
07 Dec '21 JP Morgan
Overweight
03 May '21 Wells Fargo
Overweight
07 Oct '20 Sidoti & Co.
Buy
15 July '20 DA Davidson
Neutral

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Institutional Ownership

Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News
Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News
Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News
CMCO
prnewswire.com10 December 2024

BatteryStar™ Hoist Further Strengthens Columbus McKinnon's Position as a Leader in Intelligent Lifting Technology   CHARLOTTE, N.C. , Dec. 10, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, is pleased to announce that its new BatteryStar™ Battery-Powered Chain Hoist was named 2024 'Product of the Year' in the Overhead Handling category by Material Handling Product News.

Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript
Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript
Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript
CMCO
seekingalpha.com30 October 2024

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wilson - President & Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Charlie Strauzer - CJS Securities Matt Summerville - D.A. Davidson Steve Ferazani - Sidoti Walt Liptak - Seaport Research James Kirby - JPMorgan Steve Ferazani - Sidoti Operator Good morning, and welcome to Columbus McKinnon's Second Quarter Fiscal 2025 Earnings Conference Call.

Columbus McKinnon (CMCO) Q2 Earnings Surpass Estimates
Columbus McKinnon (CMCO) Q2 Earnings Surpass Estimates
Columbus McKinnon (CMCO) Q2 Earnings Surpass Estimates
CMCO
zacks.com30 October 2024

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.76 per share a year ago.

Columbus McKinnon Reports 16% Order Growth in Q2 FY25
Columbus McKinnon Reports 16% Order Growth in Q2 FY25
Columbus McKinnon Reports 16% Order Growth in Q2 FY25
CMCO
prnewswire.com30 October 2024

CHARLOTTE, NC , Oct. 30, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 second quarter, which ended September 30, 2024.  Second  Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Orders increased 16% with a book-to-bill ratio of 1.08x; Precision conveyance up 42% Net sales decreased 6% to $242.3 million reflecting impacts related to Hurricane Helene, the ramp up of linear motion production in Monterrey, MX and project timing Results included $17.5 million 2 of non-cash pension settlement expense and $11.8 million 2 for factory closure and start-up costs as we transitioned manufacturing to our Monterrey, MX facility GAAP EPS of ($0.52) and Adjusted EPS1 of $0.70 Repaid $10 million of debt in Q2 FY25; Anticipate FY25 debt repayment of $60 million Executed $4.9 million of share repurchases in Q2 FY25 and $5.0 million in early Q3 FY25 "Our commercial and operational initiatives are delivering wins with new and existing customers in attractive vertical markets and we delivered one of our highest order quarters in history with 16% order growth and a book-to-bill ratio of 1.08x in Q2.

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
CMCO
prnewswire.com21 October 2024

CHARLOTTE, N.C. , Oct. 21, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.

Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024
Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024
Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024
CMCO
prnewswire.com16 October 2024

CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its second quarter fiscal 2025 results before the markets open on Wednesday, October 30, 2024.

Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
CMCO
seekingalpha.com21 August 2024

Columbus McKinnon's fiscal Q1 results showed minimal revenue growth, driven by pricing, with slight volume contraction. Gross margin improved, and EBITDA beat modestly, but operating margin was pressured by facility transition costs. Orders declined, reflecting weaker end-market conditions, but short-cycle markets may be nearing the bottom of the cycle, giving CMCO leverage to market recoveries and expansion into new markets. The Street seems to be underrating the value of the company's mix shift toward precision conveyance, automation, and industrial motion, as these are key enabling technologies for factory automation.

Columbus McKinnon (CMCO) Q1 Earnings Match Estimates
Columbus McKinnon (CMCO) Q1 Earnings Match Estimates
Columbus McKinnon (CMCO) Q1 Earnings Match Estimates
CMCO
zacks.com31 July 2024

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.62 per share a year ago.

Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference
Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference
Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference
CMCO
businesswire.com10 June 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it will present at the Wells Fargo 2024 Industrials Conference on June 11, 2024, at approximately 3:15 p.m. Eastern Time. The live audio webcast will be available via the Columbus McKinnon Investor Relations webpage at investors.cmco.com. A replay of the webcast will be available on the Company's investor Relations page shortly following the presentation at.

Columbus McKinnon (CMCO) Q4 Earnings and Revenues Lag Estimates
Columbus McKinnon (CMCO) Q4 Earnings and Revenues Lag Estimates
Columbus McKinnon (CMCO) Q4 Earnings and Revenues Lag Estimates
CMCO
zacks.com29 May 2024

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago.

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FAQ

  • What is the primary business of Columbus McKinnon?
  • What is the ticker symbol for Columbus McKinnon?
  • Does Columbus McKinnon pay dividends?
  • What sector is Columbus McKinnon in?
  • What industry is Columbus McKinnon in?
  • What country is Columbus McKinnon based in?
  • When did Columbus McKinnon go public?
  • Is Columbus McKinnon in the S&P 500?
  • Is Columbus McKinnon in the NASDAQ 100?
  • Is Columbus McKinnon in the Dow Jones?
  • When was Columbus McKinnon's last earnings report?
  • When does Columbus McKinnon report earnings?
  • Should I buy Columbus McKinnon stock now?

What is the primary business of Columbus McKinnon?

Columbus McKinnon Corporation is one of the leading global developers, manufacturers, and sellers of loading and unloading equipment for various applications. Key products include hoists, crane components, drives, rigging tools, as well as digital power control systems. The company was founded in 1929, headquartered in Getzville, New York, USA. Among the company's products, several groups can be highlighted: Hoists, Tools for chains and rigging work, Digital power control and delivery systems, Drives and rotary connections.

What is the ticker symbol for Columbus McKinnon?

The ticker symbol for Columbus McKinnon is NASDAQ:CMCO

Does Columbus McKinnon pay dividends?

Yes, Columbus McKinnon pays dividends. The last payment was $0.07, with an ex-dividend date on 08 November 2024

What sector is Columbus McKinnon in?

Columbus McKinnon is in the Industrials sector

What industry is Columbus McKinnon in?

Columbus McKinnon is in the Farm & Heavy Construction Machinery industry

What country is Columbus McKinnon based in?

Columbus McKinnon is headquartered in United States

When did Columbus McKinnon go public?

Columbus McKinnon's initial public offering (IPO) was on 23 February 1996

Is Columbus McKinnon in the S&P 500?

No, Columbus McKinnon is not included in the S&P 500 index

Is Columbus McKinnon in the NASDAQ 100?

No, Columbus McKinnon is not included in the NASDAQ 100 index

Is Columbus McKinnon in the Dow Jones?

No, Columbus McKinnon is not included in the Dow Jones index

When was Columbus McKinnon's last earnings report?

Columbus McKinnon's most recent earnings report was on 30 October 2024

When does Columbus McKinnon report earnings?

The next expected earnings date for Columbus McKinnon is 31 January 2025

Should I buy Columbus McKinnon stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions