Columbus McKinnon Corp (NASDAQ: CMCO) has reported E.P.S. of $-0.52 for its second fiscal quarter (ending September 30) versus $0.55 for the same period a year ago — a decline of -195%. For the latest four quarters through September 30, E.P.S. were $0.53 versus $1.78 for the same period a year ago — a decline of -70%.
Recent Price Action
Columbus McKinnon Corp (NASDAQ: CMCO) stock declined slightly by -0.3% on 10/30/24. The stock closed at $32.13. Moreover, trading volume in this decline was exceptionally high at 290% of normal. The stock has declined -2.8% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CMCO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Columbus McKinnon has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Columbus McKinnon has a good Appreciation Score of 79 but a poor Power Rating of 24, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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