$0.50 EPS Expected for Columbus McKinnon Corporation (CMCO) as of May, 30

May 16, 2018 - By Kristin Houston

Columbus McKinnon Corporation (NASDAQ:CMCO) Corporate Logo
Big Money Sentiment decreased to 1.41 in 2017 Q4. It has change of 0.03, from 2017Q3’s 1.44. The ratio fall due to Columbus McKinnon Corporation positioning: 11 sold and 45 reduced. 30 funds bought positions and 49 increased positions. Investors holded 19.43 million in 2017Q3 but now own 19.49 million shares or 0.27% more.
Rhumbline Advisers holds 0% or 23,942 shs. Cornercap Counsel Inc reported 20,270 shs stake. New Jersey-based Lord Abbett Ltd Liability has invested 0.05% in Columbus McKinnon Corporation (NASDAQ:CMCO). Ameritas Investment Ptnrs Inc has 0% invested in Columbus McKinnon Corporation (NASDAQ:CMCO). Federated Investors Pa accumulated 151 shs or 0% of the stock. Aqr Capital Mgmt Limited Com holds 99,034 shs. D E Shaw And holds 0% of its capital in Columbus McKinnon Corporation (NASDAQ:CMCO) for 58,246 shs. Pacific Ridge Capital Prns Lc, a Oregon-based fund reported 123,893 shs. Eam Invsts Ltd Co reported 0.65% stake. Citadel Advsr Lc holds 0% or 34,327 shs in its capital. Punch And Assocs Investment Mngmt Inc has invested 0.23% of its capital in Columbus McKinnon Corporation (NASDAQ:CMCO). Comml Bank Of Mellon owns 219,033 shs. Globeflex Cap Limited Partnership owns 3,721 shs or 0.04% of their US capital. Axa holds 0.01% or 71,600 shs in its capital. Numeric Invsts Limited Liability Company owns 216,649 shs for 0.06% of their capital.

Columbus McKinnon Corporation had 5 sales and 0 insider buys since December 13, 2017. This’s net activity of $223,629. Korman Alan S sold $74,780 worth of stock or 2,000 shs.

On May, 30 before the open. Investors wait Columbus McKinnon Corporation (NASDAQ:CMCO) to report its quarterly earnings, Zacks reports. Analysts expect change of 25.00 % or $0.10 from previous year’s $0.4 earnings per share compared to current’s $0.50 earnings per share. The profit will be $11.51M for CMCO if $0.50 earnings per share becomes true. After $0.44 earnings per share was reported previous quarter, analysts now see EPS growth of 13.64 % for Columbus McKinnon Corporation. CMCO is reaching $36.24 during the last trading session, after increased 2.29%.Columbus McKinnon Corporation has 197,629 shares volume, 33.43% up from normal. CMCO is uptrending and has moved 47.04% since May 17, 2017. CMCO outperformed the S&P500 by 35.49%.

Columbus McKinnon Corporation (NASDAQ:CMCO) Ratings Coverage

In total 2 analysts cover Columbus Mckinnon Corp (NASDAQ:CMCO). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NASDAQ:CMCO) has 100% bullish analysts. 2 are the (NASDAQ:CMCO)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Monday, May 14 the firm has “Buy” rating given by Craig Hallum. In Wednesday, January 10 report Seaport Global maintained the stock with “Buy” rating.

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 firm is valued at $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.The P/E ratio is 92.45. 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.

A couple more Columbus McKinnon Corporation (NASDAQ:CMCO) news were announced by: Benzinga.com which released on May 14, 2018 “Benzinga’s Top Upgrades, Downgrades For May 14, 2018”, also Nasdaq.com on May 01, 2018 announced “New Yale® YKâ„¢ and Shaw-Box® SKâ„¢ Hoists Offer Industry-Leading Technology and Safety”, the next Globenewswire.com is “Columbus McKinnon Expands CM Hurricane 360° Hand Chain Hoist Offering” on April 25, 2018. Businesswire.com has article titled “Columbus McKinnon Announces Fourth Quarter and Full Fiscal 2018 Conference Call and Webcast”.

Columbus McKinnon Corporation (NASDAQ:CMCO) Institutional Investors Chart

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