Columbus Mckinnon Stock Today

CMCO Stock  USD 39.29  0.19  0.49%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Columbus McKinnon is selling at 39.29 as of the 30th of November 2024; that is 0.49% increase since the beginning of the trading day. The stock's open price was 39.1. Columbus McKinnon has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Columbus McKinnon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
22nd of February 1996
Category
Industrials
Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company was founded in 1875 and is headquartered in Buffalo, New York. Columbus Mckinnon operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. The company has 28.69 M outstanding shares of which 396.65 K shares are currently shorted by private and institutional investors with about 1.44 trading days to cover. More on Columbus McKinnon

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Columbus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentDavid Wilson
Business ConcentrationIndustrial Machinery & Supplies & Components, Farm & Heavy Construction Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02680.0255
Sufficiently Up
Slightly volatile
Asset Turnover0.970.5551
Way Up
Slightly volatile
Gross Profit Margin0.230.3431
Way Down
Pretty Stable
Net Debt509.8 M485.5 M
Sufficiently Up
Slightly volatile
Total Current Liabilities145.7 M261.8 M
Way Down
Slightly volatile
Non Current Liabilities Total392.8 M682.1 M
Way Down
Slightly volatile
Total Assets1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Current Assets327.5 M514.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities51.8 M67.2 M
Significantly Down
Slightly volatile
Debt Levels
Columbus McKinnon can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Columbus McKinnon's financial leverage. It provides some insight into what part of Columbus McKinnon's total assets is financed by creditors.
Liquidity
Columbus McKinnon currently holds 599.62 M in liabilities with Debt to Equity (D/E) ratio of 0.63, which is about average as compared to similar companies. Columbus McKinnon has a current ratio of 2.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Columbus McKinnon's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

140.1 Million
Columbus McKinnon (CMCO) is traded on NASDAQ Exchange in USA. It is located in 13320 Ballantyne Corporate Place, Charlotte, NC, United States, 28277 and employs 3,515 people. Columbus McKinnon is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Columbus McKinnon conducts business under Machinery sector and is part of Industrials industry. The entity has 28.69 M outstanding shares of which 396.65 K shares are currently shorted by private and institutional investors with about 1.44 trading days to cover. Columbus McKinnon currently holds about 88.86 M in cash with 67.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.11.
Check Columbus McKinnon Probability Of Bankruptcy
Ownership Allocation
Columbus McKinnon holds a total of 28.69 Million outstanding shares. The majority of Columbus McKinnon outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Columbus McKinnon to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Columbus McKinnon. Please pay attention to any change in the institutional holdings of Columbus McKinnon as this could imply that something significant has changed or is about to change at the company. Also note that nearly two hundred nine thousand four hundred thirty-six invesors are currently shorting Columbus McKinnon expressing very little confidence in its future performance.
Check Columbus Ownership Details

Columbus Stock Institutional Holders

InstituionRecorded OnShares
Aristotle Capital Boston, Llc2024-06-30
575.7 K
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
574.6 K
Franklin Resources Inc2024-09-30
489.5 K
Fmr Inc2024-09-30
476.2 K
Bank Of America Corp2024-06-30
467.8 K
Punch & Associates Inv Mgmt Inc2024-09-30
429 K
Morgan Stanley - Brokerage Accounts2024-06-30
426.2 K
Charles Schwab Investment Management Inc2024-09-30
390.7 K
Segall Bryant & Hamill2024-09-30
373.9 K
Blackrock Inc2024-06-30
2.3 M
Dimensional Fund Advisors, Inc.2024-09-30
1.9 M
View Columbus McKinnon Diagnostics

Columbus McKinnon Historical Income Statement

At this time, Columbus McKinnon's Interest Expense is very stable compared to the past year. As of the 30th of November 2024, Net Income is likely to grow to about 49 M, while Depreciation And Amortization is likely to drop about 23.8 M. View More Fundamentals

Columbus Stock Against Markets

Columbus McKinnon Corporate Executives

Elected by the shareholders, the Columbus McKinnon's board of directors comprises two types of representatives: Columbus McKinnon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Columbus. The board's role is to monitor Columbus McKinnon's management team and ensure that shareholders' interests are well served. Columbus McKinnon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbus McKinnon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory RustowiczCFO and VP of Fin.Profile
Gregory CPAExecutive CFOProfile
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.