While Columbus Mckinnon Corp has underperformed by -4.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CMCO fell by -52.83%, with highs and lows ranging from $45.84 to $19.61, whereas the simple moving average fell by -45.15% in the last 200 days.
On February 11, 2025, DA Davidson Downgraded Columbus Mckinnon Corp (NASDAQ: CMCO) to Neutral. A report published by JP Morgan on June 04, 2024, Initiated its previous ‘Overweight’ rating for CMCO. JP Morgan also Downgraded CMCO shares as ‘Neutral’, setting a target price of $37 on the company’s shares in a report dated May 26, 2022. Craig Hallum May 25, 2022d the rating to Hold on May 25, 2022, and set its price target from $60 to $35. JP Morgan initiated its ‘Overweight’ rating for CMCO, as published in its report on December 07, 2021. Wells Fargo’s report from May 03, 2021 suggests a price prediction of $70 for CMCO shares, giving the stock a ‘Overweight’ rating. DA Davidson also rated the stock as ‘Buy’.
Analysis of Columbus Mckinnon Corp (CMCO)
It’s important to note that CMCO shareholders are currently getting $0.28 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -7.87%, showing a negative trend in the upcoming months.
Columbus Mckinnon Corp’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 1.07% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.10, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and CMCO is registering an average volume of 283.94K. On a monthly basis, the volatility of the stock is set at 4.27%, whereas on a weekly basis, it is put at 9.60%, with a loss of -43.02% over the past seven days. Furthermore, long-term investors anticipate a median target price of $38.75, showing growth from the present price of $19.84, which can serve as yet another indication of whether CMCO is worth investing in or should be passed over.
How Do You Analyze Columbus Mckinnon Corp Shares?
A giant in the Farm & Heavy Construction Machinery market, Columbus Mckinnon Corp (CMCO) is based in the USA. When comparing Columbus Mckinnon Corp shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 62.47, there is a growth in quarterly earnings of -59.15%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.96%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 104.26% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CMCO shares are owned by institutional investors to the tune of 104.26% at present.
