$0.50 EPS Expected for Columbus McKinnon Corporation (CMCO)

May 17, 2018 - By Lola Flanagan

Columbus McKinnon Corporation (NASDAQ:CMCO) LogoInvestors sentiment decreased to 1.41 in Q4 2017. Its down 0.03, from 1.44 in 2017Q3. It is negative, as 11 investors sold Columbus McKinnon Corporation shares while 45 reduced holdings. 30 funds opened positions while 49 raised stakes. 19.49 million shares or 0.27% more from 19.43 million shares in 2017Q3 were reported.
Howe And Rusling Incorporated invested 0.02% in Columbus McKinnon Corporation (NASDAQ:CMCO). Tiaa Cref Inv Mngmt Lc invested in 57,808 shares. Moreover, Walthausen And Company Ltd Liability Company has 0.91% invested in Columbus McKinnon Corporation (NASDAQ:CMCO) for 241,181 shares. Moreover, Bank & Trust Of Mellon has 0% invested in Columbus McKinnon Corporation (NASDAQ:CMCO) for 219,033 shares. 5,449 are owned by Legal And General Group Public Ltd Com. Westwood Holdings Gru has invested 0.05% in Columbus McKinnon Corporation (NASDAQ:CMCO). Lucus Advisors holds 0.41% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO) for 6,970 shares. Lsv Asset accumulated 0.01% or 222,500 shares. Connor Clark & Lunn Investment Ltd has 15,125 shares. Vanguard Gp stated it has 0% in Columbus McKinnon Corporation (NASDAQ:CMCO). Nordea Investment Mngmt has invested 0.01% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO). 270,526 are owned by Aristotle Boston Ltd. Congress Asset Ma holds 0.01% or 16,631 shares in its portfolio. Globeflex Cap L P accumulated 0.04% or 3,721 shares. Parametric Limited Liability Corp invested in 0% or 44,101 shares.

Since December 13, 2017, it had 0 buys, and 5 insider sales for $223,629 activity. The insider Stewart John H. sold 362 shares worth $13,220.

Analysts expect Columbus McKinnon Corporation (NASDAQ:CMCO) to report $0.50 EPS on May, 30 before the open.They anticipate $0.10 EPS change or 25.00 % from last quarter’s $0.4 EPS. CMCO’s profit would be $11.51M giving it 18.42 P/E if the $0.50 EPS is correct. After having $0.44 EPS previously, Columbus McKinnon Corporation’s analysts see 13.64 % EPS growth. The stock increased 1.66% or $0.6 during the last trading session, reaching $36.84. About 99,283 shares traded. Columbus McKinnon Corporation (NASDAQ:CMCO) has risen 47.04% since May 17, 2017 and is uptrending. It has outperformed by 35.49% the S&P500.

Columbus McKinnon Corporation (NASDAQ:CMCO) Ratings Coverage

Among 2 analysts covering Columbus Mckinnon Corp (NASDAQ:CMCO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Columbus Mckinnon Corp had 2 analyst reports since January 10, 2018 according to SRatingsIntel. Seaport Global maintained the stock with “Buy” rating in Wednesday, January 10 report. On Monday, May 14 the stock rating was initiated by Craig Hallum with “Buy”.

Columbus McKinnon Corporation designs, makes, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial end-user markets worldwide. The company has market cap of $848.11 million. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists, as well as supplies hoist trolleys; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists. It has a 93.98 P/E ratio. The firm also provides alloy and carbon steel chains; alloy chains under the Herc-Alloy brand; load chains and carbon steel welded-link chains; alloy and carbon steel closed-die forged chain attachments, including hooks, shackles, Hammerloks, and master links; eye, shank, and ramshorn lifting hooks; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices.

More recent Columbus McKinnon Corporation (NASDAQ:CMCO) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 14, 2018” on May 14, 2018. Also Globenewswire.com published the news titled: “Columbus McKinnon Expands CM Hurricane 360° Hand Chain Hoist Offering” on April 25, 2018. Nasdaq.com‘s news article titled: “New Yale® YKâ„¢ and Shaw-Box® SKâ„¢ Hoists Offer Industry-Leading Technology and Safety” with publication date: May 01, 2018 was also an interesting one.

Columbus McKinnon Corporation (NASDAQ:CMCO) Institutional Positions Chart

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