Columbus Mckinnon Corp (NASDAQ: CMCO) on Tuesday, plunged -41.18% from the previous trading day, before settling in for the closing price of $35.48. Within the past 52 weeks, CMCO’s price has moved between $29.26 and $45.84.
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During the last 5-year period, the sales growth of Industrials Sector giant was 4.74%. The company achieved an average annual earnings per share of -5.84%. With a float of $27.55 million, this company’s outstanding shares have now reached $28.61 million.
Let’s determine the extent of company efficiency that accounts for 3515 employees. In terms of profitability, gross margin is 33.14%, operating margin of 7.66%, and the pretax margin is 1.25%.
Columbus Mckinnon Corp (CMCO) Insider Activity
Observing investor behavior towards Farm & Heavy Construction Machinery industry stocks is more important than anything else. The insider ownership of Columbus Mckinnon Corp is 3.96%, while institutional ownership is 102.23%. The most recent insider transaction that took place on Nov 14 ’24, was worth 37,340. In this transaction Director of this company bought 1,000 shares at a rate of $37.34, taking the stock ownership to the 6,014 shares. Before that another transaction happened on Nov 01 ’24, when Company’s President & CEO bought 31,300 for $32.02, making the entire transaction worth $1,002,155. This insider now owns 31,300 shares in total.
Columbus Mckinnon Corp (CMCO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.16% during the next five years compared to -2.25% drop over the previous five years of trading.
Columbus Mckinnon Corp (NASDAQ: CMCO) Trading Performance Indicators
Columbus Mckinnon Corp (CMCO) is currently performing well based on its current performance indicators. A quick ratio of 1.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 24.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of Columbus Mckinnon Corp (CMCO)
Looking closely at Columbus Mckinnon Corp (NASDAQ: CMCO), its last 5-days average volume was 1.07 million, which is a jump from its year-to-date volume of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 18.80%. Additionally, its Average True Range was 2.11.
During the past 100 days, Columbus Mckinnon Corp’s (CMCO) raw stochastic average was set at 5.88%, which indicates a significant decrease from 6.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 216.20% in the past 14 days, which was higher than the 90.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.85, while its 200-day Moving Average is $36.28. However, in the short run, Columbus Mckinnon Corp’s stock first resistance to watch stands at $24.86. Second resistance stands at $28.86. The third major resistance level sits at $31.49. If the price goes on to break the first support level at $18.24, it is likely to go to the next support level at $15.62. Should the price break the second support level, the third support level stands at $11.62.
Columbus Mckinnon Corp (NASDAQ: CMCO) Key Stats
Market capitalization of the company is 598.76 million based on 28,690K outstanding shares. Right now, sales total 1,014 M and income totals 46,630 K. The company made 242,270 K in profit during its latest quarter, and -15,040 K in sales during its previous quarter.
