Columbus Mckinnon Stock Buy Hold or Sell Recommendation
| CMCO Stock | USD 39.29 0.19 0.49% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Columbus McKinnon is 'Hold'. The recommendation algorithm takes into account all of Columbus McKinnon's available fundamental, technical, and predictive indicators you will find on this site.
Check out Columbus McKinnon Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide. In addition, we conduct extensive research on individual companies such as Columbus and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Columbus |
Execute Columbus McKinnon Buy or Sell Advice
The Columbus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Columbus McKinnon. Macroaxis does not own or have any residual interests in Columbus McKinnon or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Columbus McKinnon's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Columbus McKinnon Trading Alerts and Improvement Suggestions
| Columbus McKinnon is unlikely to experience financial distress in the next 2 years | |
| Columbus McKinnon has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of November 2024 Columbus McKinnon paid $ 0.07 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Insider Trading |
Columbus McKinnon Returns Distribution Density
The distribution of Columbus McKinnon's historical returns is an attempt to chart the uncertainty of Columbus McKinnon's future price movements. The chart of the probability distribution of Columbus McKinnon daily returns describes the distribution of returns around its average expected value. We use Columbus McKinnon price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Columbus McKinnon returns is essential to provide solid investment advice for Columbus McKinnon.
| Mean Return | 0.29 | Value At Risk | -2.7 | Potential Upside | 3.87 | Standard Deviation | 2.37 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Columbus McKinnon historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Columbus Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Columbus McKinnon, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Columbus McKinnon back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Aristotle Capital Boston, Llc | 2024-06-30 | 575.7 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 574.6 K | Franklin Resources Inc | 2024-09-30 | 489.5 K | Fmr Inc | 2024-09-30 | 476.2 K | Bank Of America Corp | 2024-06-30 | 467.8 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 429 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 426.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 390.7 K | Segall Bryant & Hamill | 2024-09-30 | 373.9 K | Blackrock Inc | 2024-06-30 | 2.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.9 M |
Columbus McKinnon Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 15.8M | 20.7M | (40.2M) | (9.1M) | (1.3M) | (1.2M) | |
| Change In Cash | 43.4M | 87.7M | (86.7M) | 17.8M | (19.1M) | (18.1M) | |
| Free Cash Flow | 97.4M | 86.6M | 35.8M | 71.0M | 42.4M | 31.9M | |
| Depreciation | 29.1M | 28.2M | 41.9M | 41.9M | 45.9M | 48.2M | |
| Other Non Cash Items | 10.2M | 24.9M | 25.1M | 9.0M | 15.2M | 16.0M | |
| Dividends Paid | 5.7M | 5.7M | 6.6M | 8.0M | (8.0M) | (7.6M) | |
| Capital Expenditures | 9.4M | 12.3M | 13.1M | 12.6M | 24.8M | 14.5M | |
| Net Income | 59.7M | 9.1M | 29.7M | 48.4M | 46.6M | 49.0M | |
| End Period Cash Flow | 114.7M | 202.4M | 115.6M | 133.4M | 114.4M | 67.9M | |
| Investments | (367K) | (421K) | (3.0M) | (57K) | (133.4M) | (126.7M) | |
| Change Receivables | 2.9M | 21.5M | (19.0M) | (4.9M) | (4.4M) | (4.2M) | |
| Net Borrowings | (51.1M) | (3.6M) | (477.8M) | (64.8M) | (58.3M) | (61.2M) | |
| Change To Netincome | 19.4M | 5.2M | 17.4M | 17.4M | 20.1M | 10.6M |
Columbus McKinnon Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Columbus McKinnon or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Columbus McKinnon's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Columbus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 2.03 | |
σ | Overall volatility | 2.35 | |
Ir | Information ratio | 0.06 |
Columbus McKinnon Volatility Alert
Columbus McKinnon has relatively low volatility with skewness of 1.05 and kurtosis of 1.6. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Columbus McKinnon's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Columbus McKinnon's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Columbus McKinnon Fundamentals Vs Peers
Comparing Columbus McKinnon's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Columbus McKinnon's direct or indirect competition across all of the common fundamentals between Columbus McKinnon and the related equities. This way, we can detect undervalued stocks with similar characteristics as Columbus McKinnon or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Columbus McKinnon's fundamental indicators could also be used in its relative valuation, which is a method of valuing Columbus McKinnon by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Columbus McKinnon to competition |
| Fundamentals | Columbus McKinnon | Peer Average |
| Return On Equity | 0.0173 | -0.31 |
| Return On Asset | 0.0224 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 1.57 B | 16.62 B |
| Shares Outstanding | 28.69 M | 571.82 M |
| Shares Owned By Insiders | 2.39 % | 10.09 % |
| Shares Owned By Institutions | 98.34 % | 39.21 % |
| Number Of Shares Shorted | 396.65 K | 4.71 M |
| Price To Earning | 85.88 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 1.13 X | 11.42 X |
| Revenue | 1.01 B | 9.43 B |
| Gross Profit | 319.23 M | 27.38 B |
| EBITDA | 145.43 M | 3.9 B |
| Net Income | 46.62 M | 570.98 M |
| Cash And Equivalents | 88.86 M | 2.7 B |
| Cash Per Share | 3.11 X | 5.01 X |
| Total Debt | 599.62 M | 5.32 B |
| Debt To Equity | 0.63 % | 48.70 % |
| Current Ratio | 2.07 X | 2.16 X |
| Book Value Per Share | 31.36 X | 1.93 K |
| Cash Flow From Operations | 67.2 M | 971.22 M |
| Short Ratio | 1.44 X | 4.00 X |
| Earnings Per Share | 0.52 X | 3.12 X |
| Price To Earnings To Growth | 0.46 X | 4.89 X |
| Target Price | 49.0 | |
| Number Of Employees | 3.52 K | 18.84 K |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 1.13 B | 19.03 B |
| Total Asset | 1.83 B | 29.47 B |
| Retained Earnings | 395.33 M | 9.33 B |
| Working Capital | 252.39 M | 1.48 B |
Note: Insider Trading [view details]
Columbus McKinnon Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Columbus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Columbus McKinnon Buy or Sell Advice
When is the right time to buy or sell Columbus McKinnon? Buying financial instruments such as Columbus Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Columbus McKinnon in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Cap ETFs Thematic Idea Now
Small Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 167 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Cap ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Columbus McKinnon Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbus McKinnon. If investors know Columbus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbus McKinnon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 34.771 | Quarterly Revenue Growth (0.06) |
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.