Columbus McKinnon (NASDAQ:CMCO – Get Free Report) is expected to issue its earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $252,200.00 billion for the quarter.
Columbus McKinnon Trading Up 0.8 %
Shares of NASDAQ CMCO opened at $37.39 on Monday. The firm’s 50 day moving average price is $37.55 and its 200-day moving average price is $35.39. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 2.04. Columbus McKinnon has a 52-week low of $29.26 and a 52-week high of $45.84. The company has a market cap of $1.07 billion, a PE ratio of 70.55 and a beta of 1.24.
Columbus McKinnon Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 7th will be given a $0.07 dividend. The ex-dividend date is Friday, February 7th. This represents a $0.28 annualized dividend and a yield of 0.75%. Columbus McKinnon’s payout ratio is presently 52.83%.
Insider Buying and Selling
Wall Street Analyst Weigh In
Separately, StockNews.com raised Columbus McKinnon from a “hold” rating to a “buy” rating in a report on Friday.
View Our Latest Stock Report on Columbus McKinnon
Columbus McKinnon Company Profile
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.
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