EPS for Columbus McKinnon Corporation (CMCO) Expected At $0.50

May 17, 2018 - By Kurt Siggers

Columbus McKinnon Corporation (NASDAQ:CMCO) LogoInvestors sentiment decreased to 1.41 in Q4 2017. Its down 0.03, from 1.44 in 2017Q3. It dived, 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.
Eagle Boston Invest Mgmt holds 1.16% in Columbus McKinnon Corporation (NASDAQ:CMCO) or 290,893 shares. Teton Advsrs Incorporated reported 0.46% in Columbus McKinnon Corporation (NASDAQ:CMCO). Invesco Limited holds 0% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO) for 40,394 shares. Manufacturers Life Insur The stated it has 0% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO). New York-based Renaissance Limited Liability Company has invested 0.01% in Columbus McKinnon Corporation (NASDAQ:CMCO). Stone Ridge Asset Management Limited Liability invested in 0.05% or 20,120 shares. 61,049 are held by Panagora Asset. Spitfire Capital Limited Com reported 6.29% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO). Sheets Smith Wealth Mgmt reported 0.15% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO). James Inv Incorporated invested in 0.04% or 27,680 shares. Zacks Investment has 28,622 shares for 0.02% of their portfolio. Envestnet Asset Mgmt Inc invested in 5,937 shares or 0% of the stock. Jpmorgan Chase And holds 0% in Columbus McKinnon Corporation (NASDAQ:CMCO) or 252,059 shares. Adage Capital Prtnrs Gp Ltd Liability Corporation invested in 0.01% or 57,509 shares. Sei Invests Com has 0.01% invested in Columbus McKinnon Corporation (NASDAQ:CMCO) for 39,820 shares.

Since December 13, 2017, it had 0 buys, and 5 insider sales for $223,629 activity. $74,780 worth of Columbus McKinnon Corporation (NASDAQ:CMCO) was sold by Korman Alan S on Tuesday, March 13.

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 18.12 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 2.29% or $0.81 during the last trading session, reaching $36.24. About 197,629 shares traded or 33.43% up from the average. 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. The firm has “Buy” rating by Seaport Global given on Wednesday, January 10. As per Monday, May 14, the company rating was initiated by Craig Hallum.

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 $834.30 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 92.45 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 important recent Columbus McKinnon Corporation (NASDAQ:CMCO) news were published by: Businesswire.com which released: “Columbus McKinnon Announces Fourth Quarter and Full Fiscal 2018 Conference Call and Webcast” on May 16, 2018, also Globenewswire.com published article titled: “Columbus McKinnon Expands CM Hurricane 360° Hand Chain Hoist Offering”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 14, 2018” on May 14, 2018. More interesting news about Columbus McKinnon Corporation (NASDAQ:CMCO) was released by: Nasdaq.com and their article: “New Yale® YKâ„¢ and Shaw-Box® SKâ„¢ Hoists Offer Industry-Leading Technology and Safety” with publication date: May 01, 2018.

Columbus McKinnon Corporation (NASDAQ:CMCO) Institutional Positions Chart

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