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After finishing at $35.48 in the prior trading day, Columbus Mckinnon Corp (NASDAQ: CMCO) closed at $20.87, down -41.18%. In other words, the price has decreased by -$41.18 from its previous closing price. On the day, 4.57 million shares were traded. CMCO stock price reached its highest trading level at $26.231 during the session, while it also had its lowest trading level at $19.6101.
Ratios:
Our goal is to gain a better understanding of CMCO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.57.
On June 04, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $53.
JP Morgan Downgraded its Overweight to Neutral on May 26, 2022, while the target price for the stock was maintained at $37.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’24 when STEPHENS CHRISTOPHER J bought 1,000 shares for $37.34 per share. The transaction valued at 37,340 led to the insider holds 6,014 shares of the business.
Wilson David J. bought 31,300 shares of CMCO for $1,002,155 on Nov 01 ’24. The President & CEO now owns 31,300 shares after completing the transaction at $32.02 per share. On May 31 ’24, another insider, STEPHENS CHRISTOPHER J, who serves as the Director of the company, bought 1,500 shares for $38.71 each. As a result, the insider paid 58,065 and bolstered with 1,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMCO now has a Market Capitalization of 597142912 and an Enterprise Value of 1539102080. As of this moment, Columbus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.71, and their Forward P/E ratio for the next fiscal year is 6.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 1.537 whereas that against EBITDA is 13.924.
Stock Price History:
The Beta on a monthly basis for CMCO is 1.22, which has changed by -0.16498 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, CMCO has reached a high of $45.84, while it has fallen to a 52-week low of $29.26. The 50-Day Moving Average of the stock is -43.37%, while the 200-Day Moving Average is calculated to be -42.47%.
Shares Statistics:
The stock has traded on average 212.07K shares per day over the past 3-months and 202370 shares per day over the last 10 days, according to various share statistics. A total of 28.61M shares are outstanding, with a floating share count of 27.55M. Insiders hold about 3.96% of the company’s shares, while institutions hold 102.23% stake in the company. Shares short for CMCO as of 1736899200 were 513760 with a Short Ratio of 2.42, compared to 1734048000 on 375977. Therefore, it implies a Short% of Shares Outstanding of 513760 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.7.
Earnings Estimates
A comprehensive evaluation of Columbus Mckinnon Corp (CMCO) is underway, with the input of 5.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.62, with high estimates of $0.72 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.98 and $2.46 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $3.11, with 3.0 analysts recommending between $3.33 and $2.8.
Revenue Estimates
5 analysts predict $257.48M in revenue for the current quarter. It ranges from a high estimate of $273.5M to a low estimate of $244.3M. As of the current estimate, Columbus Mckinnon Corp’s year-ago sales were $265.5MFor the next quarter, 5 analysts are estimating revenue of $235.24M. There is a high estimate of $248.3M for the next quarter, whereas the lowest estimate is $225.3M.
A total of 5 analysts have provided revenue estimates for CMCO’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $960.4M, resulting in an average revenue estimate of $980.31M. In the same quarter a year ago, actual revenue was $1.01BBased on 4 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.06B and the low estimate is $969.4M.
